Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains.
Ether Price
"Ether's spot-driven rally is primarily due to excitement around the impending EIP 1559 upgrade," one market expert said.
The price move extends the second-largest cryptocurrency's stunning rally this year: It has tripled already in 2021, amid trader enthusiasm over growth in blockchain applications.
The publicly traded fintech firm paid an average price of $2,780 for the digital currency.
The ether rally appears to be more organic and driven from within the crypto industry.
Valid Points: New Year, New Price Gains For ETH
Jan 6, 2021
Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion.
Ether Price
