Crypto & Blockchain News 11 Jan 2021: Bitcoin, Ethereum, EOS, Rippe

1. Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one. Block.one made history when it raised $4 billion worth of cryptocurrency for the initial coin offering of EOS, a blockchain that was built to compete with Ethereum and other smart contract networks. Block.ones main project is EOS.

2. Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house.

3. Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan.

4. The launch of Badger DAO’s DIGG, a synthetic rebasing asset meant to track the price of Bitcoin, is one of the most eagerly anticipated product releases in recent DeFi memory — but the person most excited to see DIGG hit the market might not be a trader, but instead Badger DAO founder Chris Spadafora himself. According to community-minded Spadafora — who would be quick to note that he doesn’t care for the founder label despite its technical truth — anticipation for the launch has led to more than one badgering’ inquiry directed at him on Twitter.

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5.
Brace for impact? After hitting $42,000, Bitcoin price volatility may rise.Another week, another spate of all-time highs. Bitcoin managed to crack $42,000 on Friday, surging by 9% in just three hours.

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