Aave (aave-usd) Cryptocurrency is currently on bullish momentum by 27.73% in the last 7 days. At 10:55 EST on Saturday, 15 May, Aave (aave-usd) is at $568.95.
Aave (aave-usd) Range
About Aave’s daily highs and lows, it’s 34.28% up from its trailing 7 days low of $423.70 and 8.05% down from its trailing 7 days high of $618.75.
Currently, Aave (aave-usd) has 201107 Twitter followers and 9519 Reddit subscribers.
As of now, on Github, there are 278 forks, 653 stars, and 79 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Aave’s crypto is considered to be oversold (<=20).
News about Bitcoin
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. ", "The head of crypto hedge fund Pantera Capital Management is still bullish on Bitcoin even if some of Elon Musk’s concerns about the token’s energy footprint are valid."
Musk says Tesla suspending Bitcoin purchases, citing energy use. According to Bloomberg Quint on Wednesday, 12 May, "Tesla’s addition of Bitcoin to its balance sheet was the most visible catalyst during this year’s rally in the digital currency. ", "In a post on Twitter Wednesday, Musk cited concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." The move comes after Tesla disclosed in February that it had purchased $1.5 billion in Bitcoin and planned to accept it as a payment."
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "Broadly it’s a bit surprising given Tesla bought Bitcoin for their treasury in January and the argument is the same whether you’re using Bitcoin as a store of value or for transactional purposes," said Vijay Ayyar, head of Asia-Pacific at Luno Pte., in an email. ", "Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc. and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns."
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