5 January

“Ether trading volumes are closing on bitcoin trading volumes. That shows an aggressive move by bulls into ether.

Top-tier exchanges have registered ether trading volume of over $19 billion in the past 24 hours, versus $16 billion in bitcoin. So, ether is now the biggest cryptocurrency by trading volume.

According to Chu, MicroStrategy’s CEO Michael Saylor and SkyBridge Capital’s Anthony Scaramucci are now playing chicken over who will first make an ether investment.

Prices rose over 40% last week to register the biggest weekly gain since December 2018. At the press-time price of $1,020, ether is still down around 43% from the record price of $1,433 observed in January 2017.”

See Also: Ethereum Transaction Fees Soar Amid High Demand

“It looks like crypto stakeholders turned out in force, despite the Treasury’s best efforts to evade scrutiny.

As of Sunday night, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, had recorded 5,633 responses to its proposed rule. That number is despite the fact that FinCEN gave only 15 days, rather than the usual 60 for responses.

The rule would require registered money services businesses, especially crypto exchanges, to both adopt Bank Secrecy Act limits on transactions to and from their platforms and, indeed, go beyond them by requiring they know the beneficial identity of any self-hosted crypto wallet on the other end of a transaction valued at $3,000 or more.”

“Announced Monday, 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.’

The National Bank of Ukraine has been researching the possibility of CBDC implementation since 2017, and the Stellar partnership will now be the basis of its virtual currency development. The National Bank of Ukraine mentioned the use of a “private version of the Stellar blockchain” as part of its E-hryvnia Pilot Project back in 2019.

We believe our cooperation with the Stellar Development Foundation will contribute to development of the virtual asset industry and its integration into the global financial ecosystem.”

See Also: Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test

“Amid speculation on social media that United States President Donald Trump may still pardon Julian Assange before leaving office, lawyers are preparing the WikiLeaks founder for many possible legal outcomes as crypto users open their wallets.

Yesterday, someone sent 8.48 BTC — roughly $280,000 at the time — to support the WikiLeaks founder, while another crypto user donated 4.51 BTC last Wednesday.

In response to the ruling [blocking extradition to the US], President of Mexico Andres Manuel Lopez Obrador has said he is willing to offer Assange asylum, referring to him as a journalist in need of protection.”