Why Traders Think Ethereum’s Strength Could Help Bitcoin Rocket Past $10,000

Ethereum has flashed signs of immense strength in recent times, as the cryptocurrency was able to rally to highs of $245 while Bitcoin and most other altcoins only saw tempered gains. Although this uptrend has flashed some signs of stalling as it struggles to gain a foothold within the $240 region, analysts are noting that the cryptocurrency’s heavy resistance currently sits around $260. As such, this is the level that bulls are likely to target if they are able to catalyze further upwards momentum in the near-term. Analysts are now…

Cryptocurrency News From Japan: May 24

This week’s headlines from Japan included GMO Coin exchange polling customers on their view of digital assets, Lisk opening a base in Japan, Bitflyer showing 2019 net losses, blockchain startup LayerX securing significant funding, and two entities reported successful collaborative blockchain-based securities experiments.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. GMO Coin users pick Bitcoin over XRP GMO Coin, a crypto exchange under Japanese tech outfit GMO, conducted a poll, asking users which crypto asset they think holds the most promising future. …