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Ether Upgrade, Bitcoin Surge & the Week Ahead

Ether upgrade success, Bitcoin surpasses US$30,000, but market volatility ahead. The week ahead and more in our weekly macro newsletter.

April 17, 2023

Welcome to the Blockhead Business newsletter, your go-to source for industry developments, news and insights in the world of digital assets.

Asia-led and global in scope, we bring you a weekly roundup of the industry's most important business and economic developments, expert analysis and commentary from top professionals in the field.

Whether you're a fund manager, professional investor, or simply interested in the world of digital assets, our newsletter is your essential guide to navigating the future of finance.


CAPITAL FLOWS IN GLOBAL MARKETS

As investors consider the possibility of further Federal Reserve rate rises and an economic downturn, Asian markets opened with a mixed performance pointing to the nature of play in financial markets this week.

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De-Dollarisation: More BRICS in the Wall

De-Dollarisation: More BRICS in the Wall

The BRICS nations, led by China and Russia, are accelerating efforts to reduce reliance on the US dollar in global trade and finance. Cryptocurrencies and blockchain technology are emerging as key tools in this de-dollarization push, even as BIS officials are considering nixing the mBridge project.