Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund

The parent company of major South Korean cryptocurrency exchange Bithumb has received $200 million in funding from Japan’s ST Blockchain Fund, the latter confirmed in a press release shared with Cointelegraph Japan on April 15. The cash, which forms part of a Series A funding round, will allow Blockchain Exchange Alliance (BXA) to expand the international side of Bithumb, which is already one of South Korea’s largest exchanges. New trading pairs will also appear, the press release notes. ST Blockchain Fund is based in Japan, but features participation from investors…

Bitcoin (BTC) Price Primed For Gains With Bullish Sentiment On Rise

Bitcoin price fund a strong support near the $4,920 level and later recovered against the US Dollar. The price broke the $5,120 resistance level to move into a positive zone. There was a break above a key bearish trend line with resistance at $5,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now trading nicely above the $5,150 level and the 100 hourly simple moving average. Bitcoin price rebounded nicely above $5,100 against the US Dollar. BTC is currently showing positive signs and…

Tron (TRX) Cards, Double digit Gains and now Losses, Back to 2.5 Cents?

Tron prices down 12.7 percent Tron dApps activity high Gambling and related betting dApps are driving blockchain and crypto adoption according to a report by dApp tracker. Although most dApps do launch from Ethereum, activity is visible in Tron and EOS. Regardless, TRX is down 10.6 percent after gapping down in the Asian session. Tron Price Analysis Fundamentals Blockchain and cryptocurrency are not only growing, but the tech is maturing. If anything, it appears that last year’s winter did solidify the resolve of developers, platform founders sieving out speculators. The…

Ethereum (ETH) Price Correcting Gains, Can Buyers Defend $165?

ETH price extended gains, but it failed to overcome sellers near the $185 resistance against the US Dollar. The price started a downside correction and traded below the $180 and $174 supports. This week’s key bullish trend line was breached with support at $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses, but it is likely to find a strong support above $165. Ethereum price started a downside correction versus the US Dollar and bitcoin. ETH might extend the…

Bitcoin (BTC) Price Primed for Gains Until Bears Break $5,000

Bitcoin price remains in a solid uptrend above the $5,070 and $5,000 supports against the US Dollar. The price is currently correcting lower, but it remains well supported above the $5,000 level. There is a crucial ascending channel forming with support at $5,075 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip a few points towards $5,070 before it starts a fresh increase towards $5,360. Bitcoin price is currently correcting lower below $5,251 against the US Dollar. BTC could test the $5,050-5,070 support…

Ethereum (ETH) Price Hesitates But Further Gains Seem Likely

ETH price traded to a new 2019 high near $188 and recently corrected lower against the US Dollar. The price corrected below the $180 level and tested the key $174-175 support area. There is a major bullish trend line in place with support at $174 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains supported on dips and it is likely to test the $188 or even $190 level in the near term. Ethereum price remained well bid on the downside versus the US Dollar and…

Bitcoin Climbs Over $5,100 as Top Cryptos See Solid Gains

Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin’s price has seen a gain of two and a half percent on the day, trading at around $5,156 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 20% higher than $4,095, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Bloomberg analyst…

Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. On April 1, the bitcoin price initiated a large 19 percent rally from $4,200 to $5,000, peaking at $5,300 the next day across several major crypto exchanges. The bitcoin price…

Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains

Bitcoin price is consolidating and likely setting up for a fresh rise above $5,050 against the US Dollar. Ethereum, ripple, bitcoin cash and litecoin are trading with a positive bias above key supports. There is a major bullish trend line formed with support at $4,820 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $5,050 and $5,100 resistance levels to start a fresh increase towards $5,300. Bitcoin (BTC) is trading with a bullish bias and it could rally above the $5,100 resistance.…

Bitcoin Holds Recent Gains Near $5,000 as Stocks Report Minor Uptrend

Friday, April 5 — most of the top 20 cryptocurrencies are reporting slight to notable gains on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark. Market visualization courtesy of Coin360 Bitcoin’s price has seen almost no change on the day, trading at around $5,000 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is a solid 22% higher than $4,096, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Data from the Google Trends platform…