Page 107 - Ether News Today

Bitcoin and Ether are staging a comeback along with the other better-known altcoins, bouncing back from their Black Friday lows.

Since the announcement of the introduction of the crypto bill, reports suggested that the Indian government will consider banning crypto in the country. The latest update from Sitharaman suggests otherwise. 

Cryptocurrency prices dropped across the market on Friday as the world grappled with the news of another COVID-19 variant, but the weekend saw Bitcoin, Ether and most altcoin recover from the drop to some extent.

Bitcoin tumbled over 9 percent, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen and the dollar.

Ether, Tether, Ripple, and Dogecoin have already begun healing their market positions after the recent crash, but coins like Shiba Inu and Bitcoin continue to struggle.

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Amid another choppy day for most cryptocurrencies, digital token aficionados are turning to technical indicators for clues as to where Bitcoin and Ether may go next.

Indias latest update on a possible ban on private cryptocurrencies did not go well with investors although Bitcoin and Ether prices have recovered fairly well to levels closer to their valuation towards the beginning of the week.

These four US-listed, buy-rated names could see market-value expansion due to stablecoin regulation, Bank of America's top crypto analysts say.

Recently, a consortium of crypto investors, ConstitutionDAO, pooled in Ether worth $47 million to buy a first edition of the US Constitution at an auction. They lost, but the effort has brought an application of blockchains  and  cryptocurrencies  to  the  fore: DAOs.  Here’s  what  it  means: