Demand

EOS has continued to make impressive moves to return to the peak price of $3.10. Buyers were on hand as they pushed the price to $2.90 high but failed to sustain the uptrend.

The increasingly growing crypto and blockchain industry comes with the high demand for workers ranging from developers to analysts. Because the ultimate goal of education is to meet the needs of society, some universities and higher institutions of learning have considered introducing courses tailored to meet the industry’s needs.

EOS has surged upward as bulls broke the downtrend line. The breakout is insufficient as buyers fail to break the $2.80 resistance.

As the demand for e-books is increasing because of Coronavirus pandemic, a Japanese ebook leader Media Do Holdings is looking for effective ways to improve services via blockchain and distributed ledger technology (DLT).

Many medical suppliers are considering employing blockchain technology to meet the increasing demand for medical equipment amidst the COVID-19.

Regulations are meant to bring an element of market stability and reduce the risk from fraudulent operations on the market. However, in certain cases, regulations may damage the price and even pose certain cryptoassets under existential threat.

As the COVID-19 pandemic spreads around the world, the demand for medical supplies such as test kits, reagents, masks etc. skyrockets. In its turn, the growing deficiency has pushed a growth in counterfeit products.

Stablecoins climb up in market cap value, while cryptocurrencies still fail to recover from the post-pandemic knockout. This wasn’t left unnoticed by the world governments, and notably, G20, who already sought ways how to cope with a growing demand for stablecoins.

Dynamics within the global energy markets could define the future of Bitcoin and other cryptocurrencies, not specifically in terms of Demand and Supply. There are ongoing wars within the oil industry largely orchestrated by the fightings between major oil producing countries.