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Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run.
Ethereum’s previous peak in search term popularity was on Jan. 13, 2018 — the date of ETH’s all-time high of $1,432.88.
The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency.
The association is working with its research and development arm, ABI Lab, and commercial banks in the country to develop an experimental digital euro.
Crypto asset manager Grayscale has removed XRP from its Digital Large Cap Fund.
Grayscale said it sold all XRP from the fund on Monday and bought more of bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH). XRP was approximately 1.46% of the fund.
The revised components of the fund are BTC (81.63%), ETH (15.86%), LTC (1.43%), and BCH (1.08%).
The major spot exchange platform has launched its mainnet trading chain OKExChain with 10 million OKT tokens available for early adopters.
The mainnet deployment will proceed along four stages with the current epoch being the Genesis phase lasting two weeks until Jan. 13, 2021. As part of the Genesis phase, OKT, the chain’s native token will be available as a reward for staking on the blockchain.
The NEM Group has announced that the launch of Symbol has been delayed to February. A PoI vote will be held on January 9 regarding a delay of the snapshot.
Federally regulated banks can use stablecoins to conduct payments and other activities, the Office of the Comptroller of the Currency (OCC) said Monday. The letter said that these financial institutions can participate as nodes on a blockchain and store or validate payments.
Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC).
The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of Ukraine.”
ETH prices topped out at $1,100 around an hour ago, adding around $330 since the same time yesterday. The epic price pump has added over 35% in under 24 hours as Ethereum makes one of its largest single-day moves in history.
Yearn.Finance founder Andre Cronje has released a new decentralized finance (DeFi) protocol called yCredit.
It allows users to deposit ERC-20 tokens and receive 99.5% worth of deposits as a credit line in the form of yCREDIT tokens. For instance, if a user deposits $100 worth of ETH, they will receive $99.5 worth of yCREDIT. If they burn $100 worth of yCREDIT, then they will receive their ETH back.
Bitcoin prices hit a high of $29,280.05 before dropping back to $29,231.01, up 5.28% in the last 24 hours. The price of bitcoin (BTC, +3.56%) has now risen more than 300% year to date.
Canadian AR company NexTech AR announced its plans to make an investment worth $2 million in bitcoin (BTC) with plans to “add more in 2021.
Vancouver-based AR firm had $12.79 million cash on hand. The investment of $2 million in BTC makes it an investment worth approximately 15.6% of the company’s total cash holdings.
Bitcoin has continued its end-of-year rally, surging to a new high of $28,583. The cryptocurrency gained more than 5%. It is up 47% since the start of December.