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Bitcoin Price Is Around $6,300 as Toilet Paper Token Price Rose by 1,123.97%

Bitcoin price has been consolidating above $6,000 and below $6,800 in the past two weeks, as the stock market continues shedding. Toilet Paper Token, which is said to be sold out, rose by a whopping 1,123.97%Bitcoin has been trading at around $6,300 for the past few days. The crypto asset is experiencing a significant resistance at that level to breakthrough and trade above $7,000 level, where it began in January. As the coronavirus crisis continues pushing the market at large in a turf...

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Sitting Aside: Record-Breaking 6 Billion Tether (USDT) In Circulation Following Major Bitcoin Price Volatility in March

The number of circulating Tether (USDT) coins now exceeds 6 billion. Tether, and most stablecoins, have been continuously minting new coins to cope with the growing traders’ demand in times of high volatility and uncertainty in the cryptocurrency market.Over 6B USDT In CirculationThe past month was especially turbulent in terms of volatility, to say the least. Most cryptocurrencies were on the downhill, mainly due to the violent price actions in mid-March. The market tanked by as much as 50%...

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Cardano (ADA) Price Analysis: Bulls Eyeing Crucial Upside Break

ADA price is currently rising and it is trading above the $0.0300 resistance against the US Dollar.A strong support base seems to be forming above $0.0280 and $0.0265.There was a break above a major contracting triangle with resistance near $0.0301 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher and it could accelerate once there is a break above $0.0320.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. However, ADA price must...

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The Digital Dollar: Not a Question of If… but When?

The digital dollar was recently cast out of the United States’ $2 trillion economic stimulus package designed to boost the country’s infrastructure following damage caused by the coronavirus.The Digital Dollar Could Have Done So MuchMany analysts agree that the notion of a digital dollar would likely be of great aid to bitcoin and the crypto industry, and that regulators initially missed a huge opportunity to support one of the finance world’s biggest tools.While the idea of digital dollar...

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Markets in the Time of Covid-19

Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.Market volatility remains high as the Trump administration continues to address itself to the COVID-19 pandemic and its economic consequences. A degree of guarded confidence and corresponding gains have, however, arrested the marked drops in the S&P 500 and Dow, thanks to the approximately 2 trillion-dollar stabilization package currently being...

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Ethereum 2.0 Multi-Client Testnet May Launch in April

The works on the development of Ethereum 2.0 are going on. The multi-client testnet is scheduled for April.The Ethereum 2.0 multi-client testnet is set to launch in April. Sources say that Ethereum co-founder Vitalik Buterin stated this in an interview yesterday 30th March 2020.The multi-client testnet phase is the last stage before the final introduction of the new Ethereum 2.0 to the mainnet. Buterin said several things which are worthy of note. He indicated that the latest phase underwent...

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Tron (TRX) Price Analysis: High Chances of Bullish Break above $0.012

Tron price is currently facing a strong resistance near the $0.0118 and $0.0120 levels against the US Dollar.TRX price is likely to remain well bid above the $0.0110 support area.There is a key contracting triangle with resistance near $0.0118 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0110 area.TRON price is trading in a crucial range with positive signs against the US Dollar, similar to bitcoin. TRX price...

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Letzte Chance für die Obyte Order Provider Poll

Wer an der Next Obyte Order Provider Poll teilnehmen möchte, hat nur noch bis zum 2. April Zeit, um seine Stimme abzugeben. Die Abstimmung wurde bereits am 19. März gestartet und die Ergebnisse sind – wie immer – in Echtzeit für die Community einsehbar.Cryptocoin News: Letzte Chance für die Obyte Order Provider PollDie Abstimmung kann möglicherweise noch verlängert werden, sollte es innerhalb der letzten 24 Stunden zu einem Führungswechsel der Teilnehmer kommen. Doch ohne diesen Wechsel,...

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Ethereum Price Analysis: ETH Preparing For Next Significant Break

Ethereum price is currently holding the key $124 support area against the US Dollar.ETH price seems to be struggling to clear the $134 and $135 resistance levels.There is a major contracting triangle forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could either rally above $135 or it might dive back towards the $110 support area.Ethereum price is trading in a range and preparing for the next move against the US Dollar. ETH/USD must gain traction above...

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Bitcoin and Ethereum Are Worst Investments in 2020 after Crude Oil

Bitcoin and Ethereum are two of the most famous cryptocurrencies. During the fall of the markets, they fall especially loudly. Is this the ‘store of value’ power we’ve been hearing about for years? But only oil perform worse these days.Since the beginning of the global coronavirus pandemic, world markets kept falling into the abyss. Many people start thinking about the true value of Bitcoin, Ethereum, crude oil, futures, and stocks. The Block analyst and notable crypto observer Larry Chermak...

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