Japanese online brokerage firm, Monex, is reportedly considering buying Coincheck, which suffered a high-profile hack in January. With this, Bitcoin hit a high above $7,400 after the news, and Monex shares surged 23 percent on the Tokyo Stock Exchange.
It's a massive confidence boost; you now have a regulated public company in Japan buying into a crypto exchange,
says Brian Kelly, CEO of BK Capital Management.
Now, BTC has moved from $7,400 to $7,500. Do you think it will be all rising trajectory?