The Good: Bitcoin Network Adds Biggest Block to Date Over 9 months into the bear market for Bitcoin, there are signs of technological improvements in Bitcoin. The average block size is 0.804MB and includes 1,609 transactions per block. On September 5th 2018, block number 540107 came in at 2.260MB and only 230 transactions. This was accredited to the implementation of soft fork Segwit. Google Reverses Cryptocurrency Ad Ban

The Good: Vlad Zamifir, Ethereum developer, Creates Sharding Prototype Proof-of-Concept code available on GitHub Allows for faster communication and message sharing across Ethereum blockchain through second layer scalability Sharding addresses scalability issues 5 Exciting Ethereum Airdrops on Their Way AXEL CYBR ScientificCoin Infinitus BioCrypt Ethereum Project Using DAI as “Bank”

A key support level for the controversial cryptocurrency Bitcoin was able to prevent total collapse for the time being as it attracted enough bids which allowed a short-covering rally to unfold. Price action briefly moved into a horizontal support area between $5,540.00 and $5,925.05 when Bitcoin’s latest rout recorded an intra-day low of $5,749.93 and then another dip with an intra-day low of $5,840.70.

In 2017 Bitcoin rallied many its cryptocurrency peers into one of the biggest rallies in financial history. At some point, Bitcoin was up over 2,000% on an intra-day base level. Many refer to the cryptocurrency mania as a retail phenomenon as the majority of professional investors shy away from the highly volatile digital asset class. Some well-known titans of industry even went as far as to label it a scam.

Concepts such as digital currencies, cryptocurrency, and blockchain have become major buzzwords in the financial world as of late and, even if you aren't from an economics background, people are starting to realize that things like Bitcoin and Ethereum can be major moneymakers. Investing and trading in digital currencies is quickly turning into the newest way to jump on the cryptocurrency bandwagon, and while it isn't too late to join the party, wrapping your head around exactly how to do that is one very daunting task.