The NBU will launch a pilot project of digital hryvnia in 2025. Experts believe that the Ethereum exchange rate is ready to grow above $4,000 next year. Two more countries are going to introduce regulation of crypto

Ukraine will test the e-hryvnia in 2025 

  

The National Bank of Ukraine is preparing to launch a digital hryvnia (e-hryvnia) pilot project in 2025. The exact timing may be adjusted depending on the financial sector’s readiness and the choice of a technological partner. 

  

Testing is planned to take place with the participation of real users and payment services. Distributed Ledger Technology (DLT) will be used to operate the e-hryvnia. 

  

The main goal of the pilot project is to assess how well the e-hryvnia copes with the functions of money, meets user demands, and realizes the potential of programmability. 

  

The digital hryvnia will supplement cash and non-cash money. Its use will not require the services of intermediaries such as banks, and the NBU will control its turnover. 

Ethereum will be at $7,000 in 2025: Experts named patterns 

  

Block Scholes and Bybit Analytics analysts believe Ethereum is ready to grow above $4,000. The main prerequisites are investors’ growing interest and expectations regarding the relaxation of regulation of the crypto market. 

  

Moreover, the Venture Founder analyst noticed a “cup with a handle” pattern on the Ethereum chart. It signals the possible growth of the asset in the coming months. According to his assumptions, the first target for ETH is $5,349, and the maximum target is $7,238, which the coin can reach by the beginning of 2025. 

  

Another positive signal is the approaching “golden cross” (crossing of key average values on the chart). Last time, it helped Ethereum rise from $2,000 to $4,000 in just three months. As of December 3, 2024, the coin’s value is $3,623. 

  

While Ethereum is just getting ready for the surge, other popular altcoins are skyrocketing in value. On December 2 , XRP reached the $2.5 mark, securing itself in the ranking of the top 3 in terms of capitalization. Ripple’s price increased by 27.8% in a day, 105.5% in the last two weeks, and 365.8% in a month.  

  

Solana updated ATH on November 22, rising to $264. The catalyst was the filing of four spot ETF listings. 

Tether is abandoning EURT stablecoins 

  

Tether has announced that it will no longer support its EURT stablecoin pegged to the euro. 

  

The decision was based on low demand, as the company reported that the last request to buy EURT was made in 2022. However, according to Tether CEO Paolo Ardoino, the key factor was the lack of a suitable regulatory framework in the European Union. 

  

In the future, the organization plans to focus on new projects, including support for EURQ and USDQ “stablecoins,” which are issued by the Dutch company Quantoz Payments and are MiCA-compliant. 

The UK and Morocco will develop laws for cryptocurrencies 

 

The UK plans to introduce new crypto regulation rules as early as 2025. First of all, they will focus on stablecoins, ensuring their binding to fiat, and the execution of payments involving them. It is also planned to address issues related to the regulation of staking. 

  

The Moroccan central bank presented a draft law that will replace the current ban on cryptocurrencies since 2017. The document, created together with the World Bank, aims to protect investors’ interests and preserve opportunities for the use of digital assets. Additionally, options for launching Morocco’s national digital currency (CBDC) are being explored. 

Trezor’s sales grew 600% thanks to Bitcoin’s growth 

  

Trezor reported a six-fold increase in crypto wallet sales amid a jump in the price of Bitcoin. Sales peaked on November 22, when the cryptocurrency reached $99.6k, a record high since May 2023. 

  

Trezor believes that the following factors drove demand: 

  

1. The election of Donald Trump as US president; 
2. Bitcoin’s April halving; 
3. The lowering of interest rates by US and European central banks. 

  

Moreover, users continue to withdraw cryptocurrency from exchanges: according to CryptoQuant, 427,000 BTC were withdrawn in 2024, which reduced the reserves of exchanges to the lowest level in six years. 

  

Sanders reminded that the concept of “not your keys — not your coins” remains valid. If a user has no control over their cryptocurrency wallet’s private keys, they do not actually own the funds it contains.  

  

Additionally, the Trezor Safe 5 model introduced in June fueled interest in hardware wallets, including a BTC-only version. 

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