Ethereum Google Searches Go Crazy

Happy Monday, Blockfolians

The Lede

Now that SNL is firmly in the rearview, maybe we can stop talking about Doge for a bit? Lol, not likely.

But still, whatever amount of attention the Doge (or his new SHIB buddy) is sucking up, Ethereum is also undeniable right now. ETH not only hit $4000, but is seeing a significant uptick in other measures, as well.

We also just hit a new all time high for active addresses at 7.94m - beating out the previous high from Jan 2018.

That, combined with reports of growing interest from institutional investors and corporate treasuries in ETH, suggests we know where the next leg of the bull run is coming from.

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Highly Relevant Reading

  • Dfinity is now trading on Coinbase Pro

  • China’s digital yuan closer to full rollout

  • NY to study clean energy alternatives instead of banning mining?

  • Inflows to crypto funds is slowing


Community Commentary

Strange central bankers don’t get it
Interesting take on market segmentation

A Really Big Number We Should Be Paying Attention To

530m

That’s last month’s traffic to crypto exchanges


Final Thought

Looks like we got a QB!