Aave [OLD] Cryptocurrency is currently on bearish momentum by 13.54% in the last 6 hours. At 23:01 EST on Thursday, 22 April, Aave [OLD] is at $3.47.
Currently, Aave [OLD] has 176022 Twitter followers and 8405 Reddit subscribers.
As of now, on Github, there are 271 forks, 617 stars, and 78 subscribers.
Aave [OLD]’s last week, last month’s, and last quarter’s current volatility was 3.93%, 3.93%, and 3.93%, respectively.
Aave [OLD]’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.93% (last week), 3.93% (last month), and 3.93% (last quarter), respectively.
News about Bitcoin
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "Some of the largest non-bank firms in cryptocurrency, including BitGo, BlockFi, Galaxy Digital and Genesis, are stepping up to meet investor demand for dollars amid a longstanding wariness by banks to lend to individuals or companies associated with Bitcoin and other digital assets. ", "Giancarlo, 61, headed the CFTC when the Chicago Board Options Exchange and CME Group Inc. first offered Bitcoin futures contracts. "
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "A bank would probably want to charge a higher interest rate on a project that plans to sell power to a Bitcoin miner than it would if the customer were Google.", "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. "
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?"
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."
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