Ethereum Network: Rally and Processing Times

ethereum network: Eastern time on the Kraken exchange, according to Market Watch. The cryptocurrency has yet to log back-to-back winning weeks in 2019. A single bitcoin BTCUSD, -0.23% was fetching 3,851.58, up 0.4% since Thursday's level at 5 p.m. Read U.S. stocks poised to rally as news of U.S.-China trade talks swirl What are analysts saying On Thursday, the ethereum network completed its latest software upgrade, known as Constantinople. Analysts at Bit Ooda, a digital asset advisory firm, attributed the recent rally in Ether above 160 to the growing optimism around the upgrade, but warned investors, the euphoric rally may have come to an end. The upgrade is intended to speed up processing times to address scalability issues the ability of a blockchain to process transactions faster and more efficiently. (news.financializer.com). As reported in the news.

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