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

Morning Coinheads.

Well the ANZ bank has gone and created a stablecoin pegged to the Australian dollar buck.

It’s a first for banks generally, a first for Australia, a first or second for stablecoins and de rigueur for digital assets.

And it should also please the government of PM Scott Morrison ahead of the federal election, as it flogs the idea of Australia becoming a top spot for assets of the digital sort (outside Venezuela).

 

Chainbing price prediction: How high can CBG go?

Capital.com: Chainbing has had a surging start to life as a token. Since it is a newly launched project, what does the future hold for the CBG token?

 

Elvantis price prediction: Where next for the ELV token?

Capital.com: Launched during an NFT and metaverse hype train, the ELV coin, responsible for the smooth operation of the Elvantis ecosystem, has had quite the journey in its first few months in circulation.

 

FTX price prediction: Can the FTT token recover?

Capital.com: FTT is the native token of the centralised cryptocurrency exchange FTX. Its history reflects the volatility in cryptocurrency prices and trading activity in the wider market

 

Why cryptocurrency utility is making it less alternative

Global Banking & Finance Review: Many investors, traders and savers, along with financial institutions, now using the crypto sector are split in terms of the sector’s development and projected evolution.

 

All Blockchain-based financial products face challenges, cautions GAO report

Forbes: All blockchain-based financial products don’t have a an easy regulatory road ahead, a report from the US Government Accountability Office released on Wednesday cautioned.

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