The IOTA network has been upgraded to Chrysalis Phase 1, allowing it to handle about one thousand transactions per second. This is a considerable improvement over the 20 transactions per second previously that were previously processed by the network.
The CEX.IO exchange, a top 10 crypto exchange according to CryptoCompare’s July rankings, has taken stock of the first half of 2020. Its analysts saw exceptional growth in the number of new users, significantly higher daily trading volume, and increased trader activity, in particular a 15-times shorter order filling time compared to last year, all despite the pandemic that has strained the global economy.
It’s no secret that cryptocurrencies have a turbulent reputation. Ever since the launch of Bitcoin (the first cryptocurrency) in 2009, digital assets have been condemned by banks, global governments, and even the US State Treasury. But the establishment of stablecoins such as Tether promised to bridge the divide between crypto and fiat currencies – creating a virtual asset that was backed by strong economies.
Bitcoin fell by a sharp 3% over the past 24 hours of trading as the coin rolled over from $12,400 to break beneath $12,000 as it reaches $11,800.
Since August 2nd, Bitcoin entered a consolidation phase that saw its price make a series of higher lows. However, the infamous $12,000 hurdle continued to hold, absorbing any upward pressure. This price behavior led to the formation of an ascending triangle on BTC’s 4-hour chart.
Technology has made massive strides and changed every sector of life dramatically including the entertainment industry. This change in the entertainment industry has massively altered the gambling sector where it raised and piqued the interests of a lot of people, both from the gambling and the non-gambling world.
It’s already Week 34 of 2020 and we are back with another selection of top 3 cryptocurrency projects that have the greatest potential for major product improvements and/or price movements. This week, the world’s first crypto tops our list again.
The road leading to Serenity, the new state of Ethereum, isn’t so bumpy as it’s long. In order to reach this state, the developers will need to roll out phases 0, 1 and 2 throughout the years to come.
It’s the beginning of Week 32 and we have again prepared a selection of top 3 coins to watch this week. While the number one coin to watch is a top performing cryptocurrency and was already featured in our previous week’s selection, other coins are debutants on our list.