Happy Monday, Blockfolians
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
Strange central bankers don’t get it
Interesting take on market segmentation
A Really Big Number We Should Be Paying Attention To
That’s last month’s traffic to crypto exchanges
Looks like we got a QB!