Crypto news

The economy of the euro zone is being brought down on its knees in a historic measure due to the ongoing coronavirus outbreak. In response to the coronavirus pandemic, the Olympic Games in Tokyo have been pushed forward for another year.The coronavirus pandemic has not spared the giant euro-zone economy. According to a post by Bloomberg, the euro zone is sinking into the biggest economic crisis ever recorded in recent financial systems. As the authorities rush to implement precautionary...

U.S. Senate leaders and the Trump administration neared an agreement on a massive stimulus bill that could inject $2 trillion into the economy to blunt the impacts of the coronavirus.The United States Democratic party said it is working on a big stimulus bill in response as an answer to the coronavirus epidemic and its economic impact. A version of the bill is dated March 22 and it has been circulating includes a passage that, if passed, would lead to the creation of a “digital dollar” to be...

OKEx CEO Jay Hao reveals the magic behind and explains how the company overcomes the recent market crash and COVID-19 outbreak.It is the worst of times for the global economy. Almost every major economy is inescapable from the outbreak of coronavirus, aka COVID-19. The recent stock market shocks and oil price war are fuelling the economic hardship of the world. The fear of recession is rising.It is the best of times for the cryptocurrency market. Despite a few days of uncertainty, the crypto...

The coronavirus has spread to several countries across all major continents in the past few months. Thus far, more then 300,000 cases have been reported while the death toll exceeds 14,000.Bitcoin Will Battle the CoronavirusMany non-profit organizations and similar ventures are looking to donate their time, energy and resources towards battling the pandemic and assisting those who have succumbed to it, and for crypto holders, the time to ensure these companies get what they need is...

Tesla (TSLA) Stock price is up. There are several reasons to think that the automaker will do well during these chaotic times.Tesla Inc (NASDAQ: TSLA) stock price went up in the pre-market today. And this tendency continued when the market opened. This indicates that Tesla is getting something right amidst the stock market chaos. The COVID-19 situation has driven everyone into panic mode. As such, the reaction of the markets is panic based on irrationality rather than rationality that...

The leading cryptocurrency exchange by volume, Binance, enters a new partnership with Brave Software. As a result, the users of the Brave browser will be able to seamlessly operate with cryptocurrency assets directly through a new on-browser feature called Binance widget.Binance Partners With BraveThe two companies announced the collaboration in a press release shared with CryptoPotato. It informed that the popular cryptocurrency exchange will have a specially-designed widget on the tab page...

Cryptocurrency adoption in India seems to continue as a local exchange closed a successful Series A funding round for $3 million led by BitMEX’s HDR Group, Polychain, and other companies.CoinDCX Closes $3M Funding RoundCoinDCX, reportedly India’s largest cryptocurrency exchange, has managed to close a successful Series A funding round, receiving $3 million. The round was led by some of the best-known investors in the field, including Polychain Capital and HDR Group – the company behind one of...

Tron price is currently rising and it is trading above the $0.0100 resistance against the US Dollar.TRX price is likely to surge if there is an upside break above the $0.0120 resistance.There is a key bearish trend line forming with resistance near $0.0115 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 $0.0105 level.TRON price is showing a few positive and recovery signs against the US Dollar, similar to bitcoin. TRX...

The latest break below the three-month support could send Ripple to 2000 SAT level against BitcoinRipple needs to climb above the triangle’s resistance ($0.173) before considering a strong bullish price action.Across trading pairs, XRP failed to maintain correlation following the recent crash as price now moves in the opposite direction.XRP/USD: Ripple Looking For BreakoutKey Resistance Levels: $0.173, $0.214Key Support Levels: $0.141, $0.11XRP/USD. Source: TradingViewAfter recovering nicely...

Amid the latest price developments in the cryptocurrency market, Bitcoin’s dominance has increased to over 66%. Most alternative coins are in the red when compared to BTC’s 13% surge in the past 24 hours.BTC Dominance RisesBTC’s dominance index tracks the relative share of Bitcoin in the entire cryptocurrency market. During the numerous cycles over the years, it had swung from above 95% in the early years to below 33% in January 2018.The extreme levels of volatility in the past few weeks also...