SEC And FBI Eye Blockchain Analysis Services, Money Launderers Watch Out

“Bitcoin is only used for money laundering and terrorist financing,” cynics of this nascent industry continually cry, as these wanton critics believe that blockchains, in all their the pseudonymous glory, are solely used for illicit acts. While crypto assets aren’t inherently evil, as its critics like to believe, leading government-affiliated groups have seemingly acknowledged the aforementioned ‘problem’, … Continue reading SEC And FBI Eye Blockchain Analysis Services, Money Launderers Watch Out

Ripple Price Analysis: XRP/USD Under Pressure Below $0.50

Key Highlights Ripple price is under a lot of pressure below the $0.5000 level against the US dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $0.5500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline towards the $0.4300 and $0.4200 levels in … Continue reading Ripple Price Analysis: XRP/USD Under Pressure Below $0.50

Ethereum Price Analysis: ETH/USD Could Test $212-214

Key Highlights ETH price is under a downside correction since it broke the $245 support against the US Dollar. Yesterday’s discussed contracting triangle with support near $242 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend losses towards the next support at $214 and $212. Ethereum … Continue reading Ethereum Price Analysis: ETH/USD Could Test $212-214

US Congress Holding Roundtable With Industry Insiders to Draft Growth Promoting Regulations

Facing a murky regulatory landscape in the U.S., representative Warren Davidson, R-Ohio, is hosting a roundtable Tuesday that includes representatives from Wall Street, venture capital firms, government regulators, and cryptocurrency industry insiders in attempts to draft policy that doesn’t stifle growth. Crypto Regulation to Be Discussed by Insiders as Well as Government Regulators The discussions, … Continue reading US Congress Holding Roundtable With Industry Insiders to Draft Growth Promoting Regulations

Bitcoin (BTC) Price Watch: Back to Support Yet Again!

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs to trade inside a triangle pattern on its 4-hour time frame. Price got rejected on a test of resistance once more and a move to support appears to be taking place. Technical indicators are suggesting that further declines could be in the … Continue reading Bitcoin (BTC) Price Watch: Back to Support Yet Again!

Bitcoin Cash Price Analysis: BCH/USD Extending Downside Correction

Key Points Bitcoin cash price declined further and broke the $470 and $460 support levels against the US Dollar. Yesterday’s highlighted contracting triangle with support at $486 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is following a bearish path and it could continue to move down … Continue reading Bitcoin Cash Price Analysis: BCH/USD Extending Downside Correction

Cryptocurrency Market Update: $15 Billion Dumped in 24 Hours

FOMO Moments Markets are bleeding once again; XRP, Stellar, Cardano and Siacoin getting smashed. As we have seen before the same pattern has resumed and the market rally could not be sustained. Cryptocurrencies have dumped again today wiping out all gains over the past few days. Total market capitalization has dropped back to just over … Continue reading Cryptocurrency Market Update: $15 Billion Dumped in 24 Hours

Ethereum Price Analysis: ETH Dips Perfect for Bulls Aiming at $300

Ethereum prices are slowing down. At the back of last week’s eight percent gains, prices are ranging in lower time frames. Even though yesterday was bearish, we expect prices to pick up and sync in line with last week’s gains. However, for activation of long term bulls, prices must close above $300 or week ending … Continue reading Ethereum Price Analysis: ETH Dips Perfect for Bulls Aiming at $300

Litecoin Price Analysis: After +90% Correction, Altcoin Bounce Back Is Inevitable

Aside from fundamentals, altcoin prices are retracing. But, as history shows, this is normal. Overly, we retain a bullish preview thanks to last week’s revival. Needless to say, risk off traders can ramp up at spot prices with targets at immediate resistance. Let’s have a look at these charts EOS Price Analysis Bancor, the DEX … Continue reading Litecoin Price Analysis: After +90% Correction, Altcoin Bounce Back Is Inevitable