A new technical upgrade has been introduced by the Bitcoin ABC client developers. As of yesterday, BCH now has its own unique address format. This adds another layer of replay protection to this altcoin. People who upgrade their client should no longer be able to send Bitcoin to the Bitcoin Cash network.
It seems like TenXPay is becoming very bullish and should outperform Bitcoin, at least in the short to medium term. First target near 60k satoshi where two Fibonacci retracement levels meet with each other, the 227.2% applied to the last corrective wave down and 76.4% applied to the September high and December low.Therefore, TenXPay could easily double in value against Bitcoin and if the 60k resistance is broken there will be much more upside potential.
Litecoin price broke the $230-240 resistance against the US Dollar.At the moment, buyers are attempting a close above the $250 resistance and the 50% Fib retracement level of the last drop from the $280 swing high to $200 swing low. Once they succeed, the price could move towards the last high near $283.Above the $283 high, litecoin price could accelerate above the $300 level. Any further upsides depend on how the price builds above $230 during the coming sessions.
Ethereum has gains of 14% in the past 24 hours. It broke over $900 a few hours ago and reached a record high of $914 according to CoinMarketCap.com. ETH is still holding at $880, a rise of 90% from its trading level of $465 at the beginning of December. Ethereum has a current market capacity of $85 billion.
In a recent blog post, the development team behind Bankex, an Ethereum-based open-source digital asset exchange, noted that the implementation of Plasma could reduce the congestion of the Ethereum blockchain network which continues to increase the fees of Ether transactions.The test results demonstrated that Plasma is capable of increasing the transaction capacity of the Ethereum network by a massive margin. While the implementation of Plasma on the main Ethereum protocol could take months to years of development, Bankex researchers noted that the Plasma protocol could one day allow Ethereum to process 100,000 transactions per second.