The world of digital currencies in a week: price turbulence, ongoing organization campaigns, innovative solutions for blockchain sizing

cryptol Currency Movements
The bitcoin currency rose 5% again this week to reach $ 9,990. Where the price fluctuated very low to $ 9,200, losing support at this level, before falling briefly below $ 9,000. But the price quickly rebounded to as high as $ 9,300 on Thursday, before rising as high as $ 9,900. Technical analysts are watching the matter closely now as bitcoin seeks once again to retest the critical $ 10,000 level. Prominent analysts remain optimistic, especially in the short term.

Atheerium rose 16% this week, meaning that it has achieved two-digit gains for three of the last four weeks. Following a successful re-test of the critical $ 800 level this week, Etherom's gains helped lift the value of the digital currency market to more than $ 450 billion again.

These key technical factors combined with new projects and uses, the praise of technology leaders, very strong expectations and project improvements have led to price hikes. Another key factor in the Securities and Exchange Commission's (SEC) ruling on etherium as securities may be due next week. Many expect that etherium will not be considered as a financial asset, which will at least partially reflect the price.

On the other hand, the entire digital currency market gained 8% this week after a strong 10% gain last week and two-digit gains in the previous two weeks.

crypto currency organizing campaigns
Japan is pressuring trading platforms to get rid of "anonymous" currencies: sources close to the Financial Services Agency (FSA), the Japanese regulatory agency, said this week that the agency was "taking all necessary steps" to put pressure on local trading platforms until Give up its support for alternative digital currencies that promote identity concealment. Some say the action has been stimulated by the breakthrough of "CoinCheck," which Japan hopes will limit something similar in the future.
Federal Reserve: Betquin resembles 'normal currency' - In an article published this week by the Federal Reserve on the St. Louis Blog, the Federal Reserve has tried to compare digital currencies with regular currencies and prove that they are "boring" more than people think.
Indian Law Protects Digital Coin Investors - The Reserve Bank of India (RBI) continues to face legal challenges this week regarding its ban on digital currency purchases.
Iran bans "Telegram": Iran's judiciary banned the "Telegram" on Monday accused of applying the famous correspondence by allowing armed opposition groups to fuel riots and unrest. The domestic service provider has been forced to comply and will face prosecution for disobeying orders.
Emerging companies
The $ 8 billion "Coinbase" platform was part of the online acquisition of Earn.com. The $ 8 billion valuation came after a significant rise from the $ 1.6 billion valuation of the trading platform in August, when the platform completed its "Series D" tour. The change in valuation is likely due to its new product line for institutional investors.

Comcast Ventures is optimistic about the bloc. The fund's managing director, who presented an analysis of the current market, said the decline was to identify the "real applications" of the blockbuster technology, and investors are likely to see a significant rise in the short term.

Sizing the blockchain
Mastercard has filed a patent for plucin scaling: Mastercard International has applied for a patent for rapid processing of tracking data on plucchin systems to increase transaction volume. The move comes as a surprise to some as the "Mastercard" has referred to digital currencies in the past as "unknown garbage".

While the etherium announces "Sharding": the inventor of the etherium Vittalik Putrein announced that "Sharding" is coming, a long-awaited solution to the pluchene-etherium protocol. "Sharding" is said to be an important part of increasing scalability to 100 times, which experts claim is needed to support large-scale decentralized applications.