Bitcoin Bounces Back From September Crash
- Ethereum developers meet at annual conference in Japan
- Technical gauge suggests buy signal is about to be triggered
Photographer: Mary Turner/Bloomberg
This article is for subscribers only.
Bitcoin gained the most since before last month’s flash crash, while Ethereum rallied even more as developers gathered at the biggest conference for the community behind the second-largest cryptocurrency.
The rally is partly the result of an update on the development on next-generation Ethereum network and new financial apps at the Devcon conference in Japan that started yesterday, according to Josh Lim, head of trading strategy at Galaxy Digital.