Crypto News Australia
Crypto News Australia is a standalone publication dedicated to bringing you the most recent updates on Bitcoin, cryptocurrency, and blockchain technology. For crypto fans, our website allows for a customized news experience, helping you stay informed and quickly catch up on significant cryptocurrency developments from both Australia and around the globe.
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Articles
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2 days ago |
cryptonews.com.au | Jose Oramas
Ethereum spot ETFs have surpassed US$4B in net inflows, with US$1B added in just 15 trading days, marking a sharp acceleration in institutional interest, led by BlackRock and Fidelity. Grayscale’s ETHE continues to bleed, losing over US$4.2B. Despite ETF momentum, ETH’s price slipped 4% this week as bullish sentiment wanes.
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2 days ago |
cryptonews.com.au | Jose Oramas
BitGo CEO Mike Belshe criticised Ripple’s original XRP bridge model as outdated, arguing stablecoins are more efficient for cross-border payments, citing RLUSD as proof of Ripple’s pivot. Belshe envisions a future of stablecoin-driven payments without banks, suggesting that true scale will come from direct Fed access, not reliance on intermediary tokens like XRP. Ripple’s RLUSD stablecoin now nears US$450M in supply, while XRP has dropped 1.8 % to US$2.18.
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2 days ago |
cryptonews.com.au | Jose Oramas
Australian authorities identified over 90 high-usage crypto ATM users in a nationwide sweep, uncovering widespread links to scams and fraud, mostly involving unsuspecting victims. Among the 21 flagged cases, investment fraud and romance scams were prevalent, most notably a 77-year-old widow who lost over AU$430K over two years to a fake online relationship. Crypto ATMs, due to their anonymity and ease of use, have become a tool for fraud.
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3 days ago |
cryptonews.com.au | Jose Oramas
ProCap acquired 3,724 BTC for US$395M just one day after announcing a US$1B SPAC merger with Columbus Circle Capital, aiming to become a public, Bitcoin-focused financial firm. Founder Anthony Pompliano framed Bitcoin as the new financial benchmark, stating, “If you can’t beat it, you have to buy it”. The move aligns with a growing trend of public companies, like Strategy, Semler, and Metaplanet. Over US$88B is now held by firms globally.
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3 days ago |
cryptonews.com.au | Jose Oramas
XRP surged over 12 % to a local high of US$2.2, breaking the US$2 mark amid renewed trading activity and easing geopolitical tensions between Israel and Iran. Trading volume spiked above US$3.2B, with the rally coinciding with a surprise post from Ripple co-founder Arthur Britto, who had remained silent for over a decade. Britto’s single “speechless” emoji on X was confirmed as genuine by Ripple CTO David Schwartz, sparking speculation and sentiment-driven interest in XRP.
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