Cryptocurrency Week In Review: Japan’s FSA Permits Self-Regulation, Sony Unveils Crypto Wallet [Video]


Here’s a summary of the big headlines in the cryptocurrency world last week. Our poll results from last week’s update are out. Japan’s FSA granted cryptocurrency industry self-regulatory status. Sony unveiled a contactless cold crypto wallet competing with leading USB wallets. Bitcoin (BTC) remains in the calm-before-storm narrow price range.

 

 


 

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Cardano plan for new all-time high is clear

Cardano has established a new all-time high of $1.55 on April 14 and bulls aim for more now. The digital asset had a significant breakout from a key pattern but still faces a significant resistance barrier ahead, according to on-chain metrics.

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Enjin Coin on track for 20% gains

Enjin Coin price is trading around the middle line of an ascending parallel channel. A bounce from the demand zone ranging from $2.92 to $2.46 signals a continuation of the upswing to $3.59. If ENJ slices through the supply barrier at $3.59, an additional 10% upswing will push it to $3.98.

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VeChain shows mixed signals amid market weakness

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Binance on verge of 25% upswing

Binance Coin price has been outperforming the entire market for the past two months, reaching a market capitalization of $90 billion. Many analysts believe BNB could even overtake Ethereum, which stands at a $280 billion market cap. 

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Bitcoin Weekly Forecast: Institutional wave of BTC adoption follows new all-time highs

Bitcoin price hitting a new all-time high and Coinbase’s direct listing are perhaps two of the most important developments surrounding the pioneer cryptocurrency over the past week.

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