‘Uptober’ failed to arrive for the second year in a row, with Bitcoin declining by 7.3% over the month. Historically, 10 of the past 13 Octobers have seen a median gain of 15.4%.
Continue Reading: BTC US$76.7k. Binance replenishes 95% of $6.3B stolen crypto
Bitcoin dropped below US$80K over the weekend as fears grow over an escalating conflict between Iran and the US.
We’re pleased to share that Independent Reserve has been named a finalist for six awards at this year’s Digis, the industry awards run by the Digital Economy Council of Australia (DECA). Our nominations are: Company of the Year, Digital Currency Exchange of the Year, Product & Service Innovation, Data, AI & Intelligence, Engagement & Education, and Customer Experience Excellence. A huge thank you to our clients and community. Your support is what drives us to keep raising the bar.
Confidence in crypto was shaken this week, first by concerns that AI could one day break public key encryption, and then by a supply chain attack targeting Ledger products sold in Asia and Europe. The macro picture is darkening too, with the conflict in the Middle East heating up, Brent crude oil crossing US$107 a barrel, and the debt problem worsening in France.
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