Don´t think a new crypto will surpass Ethereum as a lot of projects runs on Ethereum. At this moment Ethereum even ranked no 1 on WorldCoinIndex: https://www.worldcoinindex.com/

The Chinese central bank - the People’s Bank of China (PBoC) - is making new partnerships with local companies to test its central bank digital currency, Digital Yuan.

Two weeks back, the Chinese central bank partnered with ride-hailing giant Didi to test the use of the Digital Yuan across Didi’s massive customer base. Taking it even further, the central bank has now partnered with 20 other local companies in an aggressive push for its Digital Yuan use.

For the testing of Digital Yuan, the PBoC has roped-in some of the state-owned Chinese banks as well as some of the giant telecom players like China Mobile, China Telecom, China Unicom, and Huawei.

As per the reports, all the participating banks have converted part of their deposits into digital currencies and is looking for sectors to push the use of Digital Yuan. Besides, the banks have also developed and tested all the wallet platforms required to store the digital currency.

For the initial real-world testing, the PBoC decided to pay the salaries of the state-employees in four cities - Chengdu, Shenzhen, Suzhou, and Xiong’an - in Digital Yuan.

A major aggressive push was when the PBoC partnered with Didi to test its Digital Currency Electronic Payment (DCEP). Didi Chuxing has over 550 million users across 440 cities that provides a sizeable sample to test the Digital Yuan.

PBoC’s another major partnership is with the Tencent-backed food delivery startup Meituan Dianping to test and trial the digital currency.

For the deployment process of the entire project, the PBoC has also collaborated with local tech giants like AliPay and WeChat. Both these companies have a strong footprint in the FinTech and the digital payments sector.

Additionally, PBoC is said to be in talks with some of the country’s biggest retail chains like Subway, McDonald’s, Starbucks, however, the details are not yet public. Additionally, PBoC is working out a partnership with video streaming app Bilibili which has a user-base of more than 170 million users.

Although China has been an early participant in the CBDC development, other big economies are taking similar route. UK’s Bank of England is working to test the introduction of CBDC in the country’s financial system. BoE governor Andrew Bailey said that in a few years “we will be heading toward some sort of digital currency”.

On the other hand, the U.S. is also warming up to the idea of digital currencies. Last week, the U.S. Regulator gave a green for national banks to provide cryptocurrency custodial services in the market. The lawmakers are also actively considering the prospects of having a Digital Dollar going ahead.

Source: https://www.worldcoinindex.com/news/20-more-chinese-firms-collaborate-with-the-chinese-central-bank-to-launch-digital-yuan

The overall cryptocurrency market is surging northwards as Bitcoin and a majority of the altcoins are trading in green today. The world’s strongest cryptocurrency is showing strength at this stage jumping by more than 5% in the last 24 hours.

At press time, BTC is trading at $10,310 levels with a market cap of $190 billion. As per the WorldCoinIndex data, the 24-hour daily trading volumes have also crossed $7 billion at the time of writing this article.

This is for the third time in 2020 that Bitcoin has managed to cross the $10,000 mark. However, every time it did so, the BTC price has seen a major pullback from those levels going back close to $9,000 levels.

If we see the last week’s chart, Bitcoin has surged over 12% in the last one week to move above $10,000. However, the world’s largest cryptocurrency is seeing a major resistance of $10,500 and it has failed twice in 2020 to breach it.

If Bitcoin manages to breach it this time, we can see it setting up a new support here and start a bull run from there onwards. While Bitcoin has been said to be a ‘digital gold’ and a safe-haven against the stock markets, it hasn’t turned out that way.

In fact, the BTC price has been moving in line with the stock markets for this year. During the stock market crash of March 2020, the Bitcoin price crashed below $5000 levels, a whopping 50% fall from its mid-February high of over $10,000.

Bitcoin has managed to recover its losses since then. At the present levels, Bitcoin is trading at nearly 40% premium year-to-date.

On the other hand, the world’s second-largest cryptocurrency and Bitcoin competitor Ethereum (ETH) has also managed to show strength over the last week. In the last week, Ethereum (ETH) price surged more than 25% to cross above its crucial milestone of $300 over the weekend.

At press time, ETH price has surged 4.82% in the last 24 hours and is trading at $326 with a market cap of $36.15 billion. The sudden surge in the ETH price after the network’s daily transaction volumes reached its all-time-high last week.

The latest price surge amidst a significant surge in the DeFi activity on the Ethereum blockchain. Decentralized Finance (DeFI) contribute to a majority of the daily trading volumes on the platform as on date.

Ethereum developers have accelerated their work for the ETH 2.0 release which provides massive scalability boost over the existing network. While the existing Ethereum network can process only 15 transactions per second, the ETH 2.0 will hold the capacity to process 1000s of transactions per second.

The Ethereum 2.0 testnet launch is expected to happen next week on August 4.

Source: https://www.worldcoinindex.com/news/crypto-investors-rejoice-as-bitcoin-price-surges-above-10-000-and-ethereum-above-300

Op this moment ETH price is $326. Conform WorldCoinIndex the price went up with 36% within 7 days, 41% in 30days and 66% in 90days. I believe this is just the beginning of Eth and Eth will rise to the moon. Unfortunately I regret bought my Eth yesterday.

Bitcoin and Ethereum are both usefull and powerfull.

You can find the top coins on WorldCoinIndex. There is explanation per coin like stats and mc.

Yes, it's all over social media. Hopefully not to many people were framed.
https://www.worldcoinindex.com/news/twitter-hackers-seek-bitcoin-donations-by-hacking-accounts-of-famous-personalities-businesses-and-politicians