DAILY CRYPTOS ESPRESSO – news from 01 Oct 2019

Bayern LB, one of the most important banks in Germany, published a report which strongly supports Bitcoin as an alternative to gold.

The report also predicts $ 90,000 of value for Bitcoin after the halving planned for mid-2020.

In the meantime, Ethereum transaction fees drop below a penny as the previous network congestion clears. Yet the Ethereum blockchain is almost full, and major changes are needed.

The next Ethereum hard fork, named Instanbul, will break 680 existing smart contracts on the decentralized management platform Aragon. This will tank some of the projects launched on the platform and is apparently a price to pay for Ethereum’s evolution.

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