Good news for ETH

[Upgate]

BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!

For the Reserve Bank of Australia to choose no other altcoin but ethereum there must be this potential they see in ethereum, other altcoins don't have. This is amazing news. I expect a big surge from eth soon.
Australians are always in full support of crypto. They lead first while other countries follow

[tabas]

waooooooo, I think ethereum has a good coin. This is a good news for ethereum and cryptocurrency. Soon the cryptocurrency will be legal all over the world. I Hope it will be worked on soon.

About the legality of cryptocurrencies, sad to say that there will be countries that don't like it and will remain to declare that it's illegal in their country.
But even if it's like that, there are citizens that are engaging with the risk and still continuing to do crypto transactions and make money from it. They are hoping that someday their government will change the ruling about cryptocurrencies.

[Daltonik]

Ethereum co-founder Vitalik Buterin sent 3,200 ETH (~$1.3 million) to the Deposit contract of the second version of the Protocol. The balance of this address is 33,413 ETH (~$14.5 million) https://etherscan.io/address/0x00000000219ab540356cbb839cbe05303d7705fa

the Deposit contract allows you to transfer ETH from the existing network to ETH2, confirming the authority of the stakes. In a conversation with the Block, Buterin noted that he expects the community members to remain interested in sending funds to the Deposit contract. The incentives will be "the desire to master the tools and the growing confidence that users are not accidentally withdrawing ETH from cold storage," he added.

The launch of the zero phase of Ethereum 2.0 will take place on December 1. Its condition is the participation of 16,384 validators, who by this time must contribute a total of 524,288 ETH. The minimum threshold for participating In the Ethereum 2.0 staking is 32 ETH.

[Questat]

They are not the only bank who are in partner with the Ethereum, there's some bank I know but a small bank though.
"The Reserve Bank of Australia" is a huge bank, so it's a huge success for Ethereum, and I can expect that more and more bank will follow with this news.

More banks will used the Ethereum network will give more confident to other bank as well, bank going blockchain is a big success not only in Ethereum but in the entire crypto space.

[bearexin]

waooooooo, I think ethereum has a good coin. This is a good news for ethereum and cryptocurrency. Soon the cryptocurrency will be legal all over the world. I Hope it will be worked on soon.

Hope that crypto can become a legit and legal currency for everyone and adopted by government but frankly speaking it is still far away, although with more and more companies and countries accepting crypto it looks like it might be possible sometime.

Wow this is really good news for the ethereum network because we all know how strong bitcoin has been and has been really ruling the crypto world... hopefully this good news can boost the ethereum network and give it more stand for all good altcoins to stand on

Yeah and ETH lost its shine lately because the fees got increased and the transaction were getting confirmed slowly, also the price for ETH was dropping but maybe such news and projects can lift the price once again. I always believe in ETH because it is like the father of altcoins, although there have been LTC, DOGE, etc before it but I believe ETH is still the father of altcoins, if not BTC itself so it is important for ETH to remain strong.

[lousie9]

That's good news, but I think it will only have a positive impact on the project itself even though they plan to use the ethereum platform. But at least the ethereum platform has attracted a market sensation especially for companies out there that are starting to develop projects through this platform. I hope this will have a positive impact on ethereum itself as well.

[Roidz]

BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!

Towards the end of 2020 this seems to be the end of a very good year for Eth, because in recent times there have been many very positive developments, such as the information you provide is something that can encourage an increase in eth prices in the market, especially now eth will soon launch ethereum 2.0 and won't it have the potential for eth will be to experience quite high price increases in the future?

[bttmember]

BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!

Everything turning green for eth eventually, all the news all the events all the analysis. And recent news of eth 2.0 which is just few weeks away now. Eth could see one of the biggest parabolic run crypto market has ever seen by year end.

[MCobian]

This year there is a lot of good news related to Ethereum, so it is only natural that the price of Ethereum will rise too.
In fact, the current Ethereum price has gone above $ 400. Now there is other good news regarding Ethereum, namely
the Reserve Bank of Australia using CBDC on the Ethereum network. This can increase investors confidence to continue
holding Ethereum for the long term. Especially it can attract new investors from Australia too.

[rodskee]

BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!

Until this thing happen then yeah it is indeed a good news but this is just a potential but not happening yet so please don't mislead people.

and also why not put the link here so we can look at it on our own about the potential using of australian government.

That's good news, but I think it will only have a positive impact on the project itself even though they plan to use the ethereum platform. But at least the ethereum platform has attracted a market sensation especially for companies out there that are starting to develop projects through this platform. I hope this will have a positive impact on ethereum itself as well.

Sorry but it is the government that will adopt ethereum in this part and not just a private businesses.

[Bosx1ne]

The good thing in ETH is the price action because it is now in a good movement, recently it broke the key level resistance which considered bullish because the ETH is in sideways for months but now it making higher highs. The volume is also big so for me it is good to buy ETH now, but make sure that you will have a cut loss levels because we should be aware that everything can be happen here in the cryptocurrency market.

[proTECH77]

I think Ethereum can still rise more than this before 2020 end. Despite altcoin is not too stable since covid-19 came to the world to collapsed the economy which put many altcoin investors in fear the way it rising and falling in this period we are.
 Many government are ready to do everything possible to make all the digital currency bull again as usual.
This is the right time for Ethereum to take back it position in the areas of pumping since the government is doing everything possible to improve, so many things that will change all digital currency positively in the country.

[lkjhg]

good news ethereum arrives, this will be a bullish moment for ethereum,
and soon Fomo will appear and make investors enter Ethereum, I'm sure the price can be pumped

[Btra]

Not only the Australia central bank but there are many economies are also considering the adoption of blockchain. It may be its own blockchain or on ETH blockchain they can create their own digital currency.

[ice098]

That's good news, but I think it will only have a positive impact on the project itself even though they plan to use the ethereum platform. But at least the ethereum platform has attracted a market sensation especially for companies out there that are starting to develop projects through this platform. I hope this will have a positive impact on ethereum itself as well.

Yes indeed, I hope that people in Australia really adapt cryptocurrency not only eth, so that we will see that it will be having some price increase in the following months or years, but if its run by a bank or government the real essence of this thing will not be execute to its best. So regulation will take place as well, I wish if they will adapt it and consider as one of their currency I hope tax will not be the problem.

[FairUser]

I think next year this will be an important issue for many countries around the globe, I think in the coming time if there are governments of several countries that accept to use electronic payment, i think The market will be very booming, not only ETH but I see the potential that it can bring to this market, moreover ETH 2.0 is also coming to official in 2021, i believe ETH will really explode in the air. electronic money space.

[tsaroz]

Ethereum has seen a larger growth than bitcoin over the last week. This was just correction against bitcoin price as it was much disproportioned in the last month. But as the market comes to stability and Ethereum 2.0 comes into effect, we could aspect larger recovery on Ethereum price as the current price is still 31% of all time high compared to 79% for bitcoin.

[ven7net]

BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!

I think this is great news for both Ethereum and the entire community. At the moment, Ethereum already has a developed ecosystem and many companies and financial institutions understand that Ethereum has a working time-tested blockchain, an ecosystem and a large community. Based on these factors alone, cooperation with Ethereum is beneficial and can bring many benefits. I personally have been using Ethereum for the fourth year now and am very satisfied.