One of the biggest questions in the world of digital currencies right now is whether or not Ethereum will be able to surpass the US$ 1bn market cap once again. Although the ETH trading price is in a bit of a slump right now, there has been a good amount of positive news which can all lead to a future price increase. But at the same time, the rumours about smart contracts on the Bitcoin blockchain are a potential roadblock. That does not mean there are no other benefits to Ethereum technology, though. The Good And Bad News For Ethereum
Making Ether more accessible to countries all over the world is a major step in the process of reaching the US$1bn market cap once again. Two Asian exchanges have added an ETH trading pair earlier this week, as both Coincheck in Japan and Korbit in Korea made the digital currency accessible to its users.
While this is positive news regarding the global availability of the Ether token across major exchanges, there is no indication either platform will see significant success as a result of this move. Getting a digital currency into the hands of as many people as possible is a good thing, although it is no guarantee of a positive outcome.
Additionally, Vitalik Buterin presented the Ethereum roadmap at a Coinbase meetup earlier this week. To many people, rumours about this announcement would lead to Ethereum being integrated into Coinbase in the long run, although there are no indications that will be happening anytime soon. Some people might see this as a weakness for this project whereas others see the presentation as offering “nothing new”, considering most of these development stages were hinted at in the past.
This brings us to one of the more important aspects when taking the […]
