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Bitcoin price, changes in Ethereum, a statement from the FRS

10/08/2018
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  • ethereum_vitalik_buterin
  • bitcoin_volatility
  • state_cryptocurrency
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Buterin may leave Ethereum, Bitcoin volatility is at its lows, one of the FRS leaders predicted the launch of centralized cryptocurrencies in 2023.

Vitalik Buterin admitted his departure from the Ethereum project

One of the founders of Ethereum, Vitalik Buterin, said he plans to move away from vigorous activity. He said this during the discussion on Twitter. According to the businessman, the project is strong enough and will be able to quietly develop without his participation.

Recently, the price of the coin is in a downtrend. However, the medium-term outlook of Ethereum looks more optimistic. Experts agree that its capitalization will exceed the cost of Bitcoin. This contributes to more advanced cryptocurrency compared with its closest competitor.

Bitcoin volatility reaches a minimum of 17 months

The most popular digital coin, Bitcoin, last week showed very low volatility. Its price ranged from $ 6,400 to $ 6,600 per coin. This happened against the background of several important events. The US Securities and Exchange Commission decided to extend the procedure for processing applications for the launch of financial contracts on crypto coin.

The launch of the Bitcoin Core 0.17.0 client release was equally important. It integrates the ability to create a crypto wallet using a graphical interface. This will significantly increase the attractiveness of investing for new buyers

Central banks will launch their digital contracts

Vice President of the Federal Bank of Philadelphia, Jim Cunha (Jim Cunha) announced the imminent mass launch of state cryptocurrency. According to the official, the authorities will no longer be able to ignore the new technologies. The blockchain proved to be quite reliable, and one should not miss such a chance.

The expert is confident that in 2023 the procedure will become global. Now several states have already implemented their projects, but for now this is rather an exception. The question remains - what will happen to the dollar when the Federal Reserve will transfer payments to the cryptocurrency?

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