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Ethereum Price Is at $223 as Plasma Group Wants to Save Ethereum Scalability with Optimism

ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.The Ethereum network is constantly searching the ways of improving transaction volume. The startup Optimism is now trying to lead the charge. Since the network’s output is pretty much defined to approximately 15 transactions per second, Ethereum cannot become an extensive platform for automating...

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EBO Launches “One-Stop-Shop” App for Decentralized Trading and Wallet

Place/Date: Switzerland - February 11th, 2020 at 10:24 am UTC · 3 min read Source: EBO Even now in 2020, being a cryptocurrency user can be convoluted. If you want to buy an altcoin and store it in your own wallet away from an exchange, it could take up to three separate transactions if you’re not already holding some BTC or ETH.Of course, centralized exchanges have no incentive to address this. They want your funds in their wallet because you’re more likely to trade them, handing over...

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Ripple’s XRP Adoption Is Top Priority as Xpring Recruitment Is Going On

Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...

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Tron (TRX) Price Analysis: Bulls Eyeing Next Bullish Break

Tron price jumped above $0.0200 and traded to a new 2020 high at $0.0237 against the US Dollar.TRX price is currently correcting lower and trading nicely above the $0.0205 support area.There is a major contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to aim a fresh upside break above the $0.0220 and $0.0230 resistance levels.TRON price is trading in a strong uptrend against the US Dollar, similar to bitcoin. TRX price...

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Ethereum Price Analysis: ETH Correcting Lower, But Uptrend Intact

Ethereum price traded to a new 2020 high at $231 and recently corrected lower against the US Dollar.ETH price is currently trading below the $225 and $224 support levels.There is a key bullish trend line forming with support near $206 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after it completes the current correction near $213 or $206.Ethereum price is trading nicely in an uptrend above $200 against the US Dollar. ETH/USD is currently correcting lower,...

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U.S. Judge Dismisses Lawsuit Centered Around Bitcoin Cash

A lawsuit centered around bitcoin cash (BCH) – the big brother of bitcoin SV (BSV) and the spawn of bitcoin (BTC) – is likely to be stopped in its tracks.Was Bitcoin Cash Manipulated?Telecom company United America Corp is claiming that Roger Ver and a network of Chinese miners may have rigged the 2018 bitcoin cash hard fork to go their way. The hard fork, as we know, resulted in the new and highly controversial coin bitcoin SV, which Ver and creator of the latter coin Craig Wright have butted...

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Decred Is Experiencing Heightened Popularity in African Countries

Decred – which is described on its website as an “autonomous digital currency” – is suddenly gaining heavy momentum in Africa.Decred Seeks to Give Africa Its Power BackThe continent of Africa has become something of a major bitcoin and cryptocurrency haven over the past few years. Recently, Twitter and Square CEO Jack Dorsey stated that he would be living abroad in Africa from anywhere between three and six months in the year 2020 to potentially drive bitcoin adoption within the continent’s...

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Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital Yuan

Japanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system.Led by the head of the Banking and Finance Systems Research Commission at the JLD party Kozo Yakamoto, Japanese lawmakers are pushing for the country to digitize their systems by adopting CBDC. According to Yakamoto, the country should be in the line of creating a Yen Central Bank Digital Currency in the next...

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Will Cryptocurrencies Catch Second Wind?

Though now it is not the best time even for major cryptocurrencies like Bitcoin and Ethereum, we still can believe that cryptos will have a chance to catch the public’s eye sooner rather than later.Around the world, major cryptocurrencies are seldom seen in major headlines anymore. While tech-savvy individuals and crypto-investors are obviously paying close attention to the current valuation of leading tokens like Ethereum or Bitcoin, many people have tuned out of crypto-related news. There...

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Ethereum Price May Reach $360 as Ethereum 2.0 Launch Is Getting Closer

The launch of Ethereum 2.0 is expected to happen just in a few months. Experts believe that Ethereum price may reach $360.The world’s second-largest cryptocurrency Ethereum is set to witness a further 60% rally after breaking a key resistance that saw it leap from yearly lows of $120 to highs of just under $230. ETH has been one of the top-performing cryptos since the turn of the year and it is expected to maintain and continue its steady rise, reports revealed on February 9, 2020.At the...

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