1inch Cryptocurrency is currently on bearish momentum by 12.99% in the last 6 hours. At 18:56 EST on Thursday, 22 April, 1inch is at $4.62.
1inch’s last week, last month’s, and last quarter’s current volatility was 4.84%, 4.84%, and 4.84%, respectively.
1inch’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.84% (last week), 4.84% (last month), and 4.84% (last quarter), respectively.
News about Bitcoin
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "I don’t know how you’d assess the risk profile of a Bitcoin mining operation," said Albert Cheung, head of analysis at BNEF. ", "Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining."
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