Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Australia (AFSL 513393), a multi-award winning global investment trading platform.

Good morning, the Coinheads.

It really does look like the PM wants to be a world crypto leader.

Bitcoin is flat(ish), NFTs want to go mainstream via Facebook and Jetcoin has a plan so cray-cray it just might work-work.

Let’s do this thing.


De-banking threatens Australia’s cryptocurrency ambitions

So the Australian government is keen to run point as a world leader in the regulation of crypto assets. What does that mean and should you be digging a hole in the backyard? Here’s a closer look at the current plans.


US market close: Digital holds gains

Prominent cryptocurrencies are higher midweek with Bitcoin up 1.28%, Ethereum up 4.32%, and Litecoin up by 1.52%. In other digital assets, Bitcoin cash is 1.68% in the green and Dogecoin is 3.05% higher.


Fed rate hike decision buoys crypto market

The cryptocurrency markets experienced a late rally on Wednesday after the US Federal Open Market Committee (FOMC) decided to leave interest rates in place until at least March.


UK crypto news: IMF urges El Salvador to drop BTC as legal tender

BTC has swung above $38,000, recovering almost $5,000 from Monday’s dip into $33,000 territory, a six-month low – though it is still 18% down year to date. And the International Monetary Fund urged El Salvador, the first country to adopt Bitcoin as legal tender, to remove BTC’s legal tender status.


Will NFT trading go mainstream if introduced on Meta (FB)?

Rumours are rife Facebook’s parent company Meta Platforms (FB) is drawing up plans to create an NFT marketplace.


HOKK coin, from meme token to DeFi ecosystem

HOKK at one point reached a total market capitalisation of close to $800m, according to its backers HOKK Finance, with as much as $98m of the meme token changing hands in a single day’s trading. A look at how it is doing now.


Jetcoin is looking to fund the next soccer superstar via NFTs

Founded in 2014, Jetcoin’s aim is to help young sport talent and entertainment make it big. It does so by enabling the talent to fund their aspirations through NFTs and cryptocurrencies.


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This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.