Chain Reaction - 9th December 2024
BTC hits $100k and its Stand with Crypto week
Welcome back folks, Mark Monfort, Aus DeFi President here to take you through the news.
What a week, we got to see the BTC/USD pair get up to $100k on Thursday (going as high as $104k before dropping down later in the week). More on that here. https://cointelegraph.com/news/bitcoin-price-hits-100-000-first-time-new-all-time-high
Check out this video doing the rounds where its a guy with 2 videos of himself, one where he made it as BTCUSD crossed $100 and another at $100,000. Pretty cool stuff https://www.linkedin.com/posts/arammughalyan_the-most-epic-video-about-crypto-bitcoin-activity-7270784048963166208-T41t?utm_source=share&utm_medium=member_desktop
And some shots from Upside x OKX X Cadena Legal x Zerocap X International Meme Fund party https://x.com/0xUpside/status/1864566594233618938?t=rNinp-X0UFQ3but4K71-7g&s=19
Also this week, we announced our new AI-powered website. We have a new look and new features and we’ll be announcing more updates soon.
Now, let’s get back to the news.
ASIC with the major crypto regulation overhaul out in the AFR. Kate Cooper here of Zodia with the great summary https://www.linkedin.com/posts/katecooper_asic-moves-to-expand-its-oversight-of-crypto-activity-7269822296335224833-SPiI?utm_source=share&utm_medium=member_android
Head of Blockchain APAC Steve Vallas too https://www.linkedin.com/posts/stevevallas_today-marks-another-important-step-in-the-activity-7269832543082823680-oneM?utm_source=share&utm_medium=member_android
From Luke Higgins and Steven Pettigrove from law firm Piper Alderman for the Bits of Blocks blog too https://www.bitsofblocks.io/post/australia-unwraps-draft-info225-does-your-token-offering-cut-the-grass
And a sobering take from Jeff Yew of Monochrome here - will he be right? https://www.linkedin.com/posts/jeff-yew_95-of-the-400-crypto-brokeragestrading-ugcPost-7269913244893351936-h2ik?utm_source=share&utm_medium=member_desktop
Some thoughts on devcon from Emilio Barbieri of Labrys group https://www.linkedin.com/posts/emilio-barbieri-012923a_its-been-really-busy-of-late-at-labrys-and-activity-7269549765741174785-QUXp?utm_source=share&utm_medium=member_android
Season 2 of the Trump era isn't making sense https://www.linkedin.com/posts/patrick-tibke-77b114a3_we-are-only-a-few-episodes-into-season-2-activity-7269299126205300736-N0Nk?utm_source=share&utm_medium=member_android
Great to see our friends at Collective Shift with their Growth Summit on last Thursday
Finally, there is still much to be cautious about especially when it comes to Hawk Tuah girl also rugging folks with crypto. More here. https://x.com/ShurikenTrade/status/1864865463139795389
Till next week folks!
About Aus DeFi Association
The Australian DeFi Association (Aus DeFi) is a non-profit community organisation dedicated to increasing education and awareness of blockchain technology, specifically decentralised finance (DeFi) and web3-based projects. Their goal is to empower the Australian community with the knowledge and tools to participate in the decentralised economy, and to promote the adoption and growth of blockchain technology in Australia. They strive to provide a more grassroots approach to promoting blockchain technology compared to other industry-focused organisations in Australia, and to provide a platform for community members to learn about and engage with this emerging technology.
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