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.
Analyst, Money Morning