Bitcoin Pushes Past $4,100 as Top Cryptos See Mixed Movements

Sunday, March 31 — the top 20 cryptocurrencies are reporting mixed, mostly mild, price movements on the day by press time, as Bitcoin (BTC) reaches just over $4,100. Market visualization courtesy of Coin360 Bitcoin has seen nearly no price movement on the day, up just a fraction of a percent trading at around $4,105, according to CoinMarketCap. Looking at its weekly chart, the current price is over two percent lower than the value of BTC one week ago. Bitcoin 7-day price chart courtesy of CoinMarketCap Ethereum (ETH) is holding onto…

Binance’s BNB Leads Top Ten Cryptos in Q1 2019, Rises 185%

Binance Coin (BNB) has led the top ten cryptocurrencies in terms of quarter performance. The Binance crypto exchange’s native asset surged 185 percent in the first quarter of 2019, jumping from $6.069 to $17.335, according to data provided by Messari. On the whole, BNB was the sixth largest gainer in the said period, beaten only by PCHAIN’s PI (+787%), Ravencoin’s RVN (+337%), Everex’s EVX (+313%), Enjin Coin’s ENJ (+287%), and Numeraire’s NMR (234%). None of these cryptocurrencies were in the top ten list. BNB Q1 2019 Performance | Source: Messari…

Hong Kong’s Securities Regulator Issues Detailed Guidance for Security Token Offerings

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28. The guidance aims to clarify the legal and regulatory requirements for parties engaging in STO-related activities. The document opens with a proposed working definition of a security token and sale, noting that: “STOs typically refer to specific offerings which are structured to have features of traditional securities offerings, and involve Security Tokens which are digital representations of ownership of assets (eg, gold or real…

How’s Tron (TRX) Price Performing Following Tesla Controversy

Things turned sour for a promising blockchain project after its founder allegedly faked a Tesla giveaway competition. Justin Sun, 29, promised his booming Tron project community that he would give away an expensive Tesla in a lottery. The Chinese entrepreneur asked participants to follow him on Twitter and retweet his message merely. On the day of the announcement, March 27, Sun randomly picked Twitterati UZGAROTH but later deleted his tweet citing glitch the selection process. The winner didn’t take it well and went out to expose the “scam.” I really want…

Ethereum Price Weekly Analysis: Can ETH Bulls Keep Uptrend Going?

ETH price rallied in the past few days and broke the $139 and $144 resistances against the US Dollar. The price is currently correcting lower, but it could find a strong support near the $139 zone. There is a major ascending channel in place with support at $140 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains in an uptrend as long as there is no daily close below the $139 support zone. Ethereum price is placed in a solid uptrend versus the US Dollar and…

EOS Slide 4.7 Percent, Prices Reacting to BitHumb Heist?

EOS down 4.7 prices in last day but bullish Three million EOS are missing from BitHumb’s hot wallets. $12.5 million worth of BitHumb’s EOS are missing, but other exchanges are taking assisting in recovery. In response, EOS prices are down 4.7 percent in the last day in an adjustment of Mar 28-29 overvaluation. EOS Price Analysis Fundamentals For the second time, BitHumb, the South Korean exchange, which claims to be ISMS certified and applying multi-signature withdrawal scheme is once again a victim of hacking, less than a year after the…

Crypto Bear Market Ended in Jan 2018, Says Analyst

On Friday, economist and global markets analyst Alex Krüger ‏said that the crypto bear market has been over for more than three months and if bitcoin breaks out of the $4,200 resistance level, it will mark the end of the 15-month bear trend. “The crypto bear market has been over for three months now. BTC breaking above 4200 will mark the end of the bear trend that started in January 2018. Going to miss this big fellow,” Krüger said. The bitcoin price has remained relatively stable in the $3,400 to…

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job. The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29. The exchange suspended asset withdrawals and deposits on the platform after noticing the breach. Bithumb stated: “All the [stolen] cryptocurrency is owned by the company, and all members’ assets are under the protection of a cold wallet.”…

Ethereum (ETH) Price Analysis: $150 On The Horizon?

ETH price extended upsides and gained bullish momentum above the $140 resistance against the US Dollar. The price even broke the $144 level and traded close to the $146 level before correcting lower. There is a key connecting bullish trend line formed with support above $143 on the hourly chart of ETH/USD (data feed via Kraken). There could be a downside correction, but the $141-142 support area is likely to act as a strong support. Ethereum price is moving nicely in a positive trend against the US Dollar and bitcoin.…

This Bitcoin Price Rally is Masking a Serious Problem

By CCN.com: This week is looking to end on a positive note for bitcoin, as the cryptocurrency clawed its way above $4,100, adding $1 billion to its market cap in the process. Bitcoin Price Cracks $4,100 as Bullish Sentiment Grows The bitcoin-to-dollar rate established an intraday high at $4,103, up 2.24-percent since Friday’s opening price. The session peak also marked bitcoin’s highest mark since February, leading many to believe that the cryptocurrency was finally breaking out of its prolonged bearish bias. The shift in sentiment has been building since bitcoin’s…