Markets

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...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 848. Heute sprechen wir über folgende Themen: Bitcoin Nutzung sinkt – Kommt noch ein Dump – Binance will Coinmarketcap für 400 Millionen Dollar kaufen & Halving wird Miner zu BTC zwingen. 1.) Bitcoin Usage Tumbles As Price Volatility Kicks In Hard – Is A Gigantic Dip On The Horizon?https://zycrypto.com/bitcoin-usage-tumbles-as-price-volatility-kicks-in-hard-is-a-gigantic-dip-on-the-horizon/ 2.) Binance will...

Bitcoin price is currently struggling to clear the $6,500 and $6,600 resistance levels against the US Dollar.There are a few key supports forming, starting with $6,120 and $6,080.There is a key contracting triangle forming with resistance near $6,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it is likely to bounce back from $6,120 or $6,000.Bitcoin price is trading in a broad range above $6,000 against the US Dollar. BTC could...

The U.S government has partnered Johnson & Johnson and Moderna to facilitate the production of the possible COVID-19 vaccine in large quantities.The government of the United States of America alongside Johnson & Johnson (NYSE: JNJ) and Moderna Inc (NASDAQ: MRNA) have partnered to produce in more substantial amounts possible vaccine for COVID-19 before the real vaccines hit the market. As per report, the U.S. government is also working to partner with not lesser than two other...

Five pharmaceutical companies across the globe lead the race in producing the first approved COVID-19 vaccine. Wall Street is likewise on alert for banking on the first company to produce an efficient one.As the battle against the spread of coronavirus outbreak across the world intensifies, many companies are working to put themselves at the forefront in producing viable COVID-19 vaccine.Producing a vaccine for human testing and adoption to address the Coronavirus outbreak remains as crucial...

Ether mining, bitcoin mining… At the end of the day, for companies like HIVE, it’s all part of the same process: extracting new coins and placing them on the market to be sold, traded and hodled if need be.HIVE Expands Its Mining PowerThat’s why an ether mining company has just purchased a bitcoin mining firm. Sure, the coins may be different, but if the technology and the methods of extraction are virtually the same, why the heck not?The company making the purchase is known as HIVE...

Tesla seems to be an all-weather stock. It could still remain a leading stock during this turbulent period for several reasons. Despite the recent fall, today TSLA is up.Tesla Inc (NASDAQ: TSLA) stock seems to be a great choice during downtrends. This is because the stock price turns out to do better under pressure. This particular characteristic has been monitored by both fans of the stock and foes alike. Tesla (TSLA) surged by about 23% last week. One thing to note though was that though...

General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.Amidst the coronavirus pandemic, the world has been forced to experience an economic recession with prices of commodities in the international market crashing day by day as multinational firms are experiencing a hard time as well. General Electric (NYSE: GE) is one of the many multinational firms hit by the pandemic. It has also had to deal...

The unexpected COVID-19 outbreak is delaying the adoption of Russia’s legislation “On Digital Financial Assets,” according to a government official. However, he outlined that the law is completed. It will define cryptocurrency usage in the country, but it will also ban them from being used as a means of payment.Russia Postponing Crypto Law (Again)Russia’s law regarding digital usage in the country has been discussed since early 2018, according to Anatoly Aksakov, head of the Duma committee on...

Ford (F) stock price is unstable while the company is preparing to produce 50,000 GE ventilators in collaboration with Generic Electric to help coronavirus patients.Ford Motor Company (NYSE: F) stock fell 3.08% on March 30, to trade at $5 per stock. But today it is trading with a 1.39% rise at $5.10. As with most U.S. stock markets at the moment, Ford (F) stock has recovered from the previous free fall thanks to the coronavirus stimulus package meant to cushion the market from further...