Ether, the second-largest cryptocurrency, hit a new high above $ 4,400 on Friday (October 29), writes Bloomberg.
The report says that the digital asset was up 4.8% to $ 4,459.20, which was an improvement over the previous record of $ 4,379.62.
The news comes as Ether has outperformed overall than Bitcoin this year. Ether has multiplied by six as the interest of retail and institutional investors in cryptocurrencies has strengthened.
Data from CoinGecko.com points out that the value of Ether has now reached $ 520 billion.
Furthermore, other tokens such as Binance Coin and Solana also rallied last week.
"On-chain activity metrics for Ethereum appear to have found support and are reaching multi-month highs," Sean Farrell and Will McEvoy, digital asset strategists at Fundstrat said in a report Thursday, according to the report.
Meanwhile, McDonald's is launching a set of NFTs based on the popular McRib sandwich, a Press release He says.
The NFT will be in celebration of the 40 of the sandwichth anniversary. The statement says the fast food chain will be giving them away to some fans starting November 1.
Interested parties can enter for a chance to win by following McDonald's on Twitter and retweeting the Giveaway Invitation tweet between November 1-7 from a public account.
The restaurant plans to choose the 10 winners on November 12.
Finally, in Kazakhstan, crypto miners are generating more than $ 230 million in tax revenue, according to a report from Bitcoin.com.
The National Association of the Blockchain and Data Center Industry says the government will be able to collect more than $ 300 million in taxes in the next five years, and miners will contribute $ 1.5 billion to the economy.
The data adds that the current $ 230 million is only the economic effects of those companies officially involved in mining activities, not those "gray" miners, the report notes.
And the report says that miners currently pay more than $ 30 million to KEGOC, the state power company, to access electricity and services from the Renewable Energy Financial Settlement Center.
