Ethereum Update
Ethereum has stolen the show as of late by posting yet another green day, up over 11% over the course of the past 48 hours. This has been a continuation of a nearly 80% rally from 2018 lows for Ether as it has retaken the #2 spot for total market cap of cryptos after being overtaken by ripple . We believe some of this rally may be spurred on by the upcoming Constantinople fork in the Ethereum protocol, which will be occurring on the 16th of January. This will be an upgrade to the Ethereum blockchain as it will decrease the block time, making the network faster.
It might be fruitful to look for further consolidation on Ether to accumulate a larger position. The upcoming Constantinople fork has been a long awaited protocol update that will be very promising for the long-term success of the Ethereum blockchain.
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