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Hester Pierce: Outright Ban on Cryptocurrency Essentially Impossible

With recent talks of regulations getting drafted, many crypto enthusiasts are concerned about the possibility of an outright ban on Bitcoin and other cryptocurrencies. Some analysts, including Bridgewater Associates founder Ray Dalio, The Big Short’s Michael Burry, and Ron Paul, have opined that world governments could ban Bitcoin and other cryptos if they threaten their […]

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Bitcoin Price Analysis — April 25

The past seven days have been a significantly bad one for the cryptocurrency market, as Bitcoin (BTC) and almost all altcoins suffered massive declines. The recent bear market has forced the total capitalization of the crypto market to drop below $2 trillion. Bitcoin traded on a sideways pattern between $61 and $63k last Friday before […]

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Bitcoin’s Correction Brings New Opportunties!

Bitcoin changed little during the weekend and after the last aggressive sell-off. It’s traded at 49,740 being located under broken downside obstacles. The bias is bearish in the short term after escaping from a major Rising Wedge reversal pattern. Still, the current corrective phase could end soon after the rate reaches strong support levels. The […]

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Ethereum (ETH) Price Analysis: Ether Resumes Downtrend, Unable To Sustain Above The $2,400 High

Key HighlightsEthereum faces rejection twice at the $2,600 resistanceEther resumes downtrend breaks 21-day SMA Ethereum ETH) Current StatisticsThe current price: $2,193.03Market Capitalization: $253,577,098,826Trading Volume: $29,915,500,106Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 25, 2021 Ethereum’s uptrend is facing rejection at the $2,600 resistance zone. On April 15, […]

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