Privacy focused cryptocurrency has shot up today. It comes on the back of a crucial breakthrough in protecting user’s privacy.
A break through that could significantly increase the usability of all cryptocurrencies.
Elsewhere, after a two week lull in activity, ethereum (ETH) prices have also roared back to life.
At time of writing the popular crypto is sitting at US$384, a gain of 6.4% in just 24 hours.
The rises come at a crucial time for ethereum, as it embarks on an upgrade to its underlying protocol.
The first part of the two part upgrade has been completed and the next stage — “Byzantium” — is due on 17 October, barring any delays.
Elsewhere, bitcoin (BTC) is also making moves higher.
Here’s the price round up, all in Australian Dollars:
Bitcoin Price: $5,269, +7.63%
Ethereum Price: $384, +6.41%
Zcash Price: $364, +23.23%
MaidSafeCoin Price: $0.65, +4.51%
Dash Price: $436, +1.915
With interest growing around the world, there has never been a better time to learn more about cryptocurrency’s incredible potential. But there’s some very real risks for investors. Don’t invest until you’ve read Sam Volkering’s latest special report.
Regards,
Ryan Dinse,
Analyst, Money Morning