One of the most expected updates for Bitcoin has arrived, along with an important announcement from one of the technological giants, generating bullish expectations among investors for the end of the year, despite finding ourselves in a totally mixed market in recent days.

The latest update on the Bitcoin’s blockchain network “Taproot”, has arrived after four long years without any such improvement. This update will provide Bitcoin with an optimization for scripting capabilities. It will also expand the capacity of smart contracts, as well as the security and privacy standards in the network, making it difficult to track each transaction made with BTC. Taproot gives us the option to protect complex transactions on the Bitcoin blockchain, which, as already mentioned, will provide greater privacy in the operations carried out, as well as a decrease in their size using the Schnorr signature system.

In other news, Twitter, one of the social networks whose CEO has been very involved in blockchain and crypto issues, announced the development of a new project focused on cryptocurrencies and other decentralized technologies. This project consists of the creation of a working group denominated as Twitter Crypto, which will be led by Tess Rinearson. Immersed in a mixed market, Bitcoin is currently very close to $ 65,000, generating a pullback very close to a quite interesting zone, so it could reach $ 63,500, as a strong support level can be observed next to its 100 period exponential moving average. BTC/USDT 4H (TradingView Chart). Ethereum is currently at $ 4,670, close to a support level which, if broken, could confirm a slightly stronger correction of the largest smart contract platform in the world of cryptocurrencies. ETH/USDT 4H (TradingView Chart). Let us remember that this type of technological advances and projects, accompanied by critical economic data and optimism from investors in the crypto market, can catapult the price of cryptocurrencies in these last months of 2021, so we must be vigilant. Without further ado, we wish you an amazing week.