Ark (ARK-USD) Cryptocurrency is currently on bearish momentum by 16.93% in the last 24 hours. At 23:56 EST on Sunday, 16 May, Ark (ARK-USD) is at $1.40.
Currently, Ark (ARK-USD) has 72432 Twitter followers and 23100 Reddit subscribers.
As of now, on Github, there are 302 forks, 294 stars, and 37 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ark’s crypto is considered to be overbought (>=80).
Other News About Ark (ARK-USD)
According to Bloomberg Quint on Saturday, 15 May, "Notable investors and proponents include Dan Loeb, CEO of Third Point LLC, and Cathy Wood, CEO and CIO of Ark Investment Management. "
News about Bitcoin
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."
Scaramucci calls Bitcoin crypto’s ‘apex predator,’ defends drop. According to Bloomberg Quint on Saturday, 15 May, "Even with growing prominence of altcoins, Bitcoin has been able to "maintain its supremacy as the apex predator in digital currency," he said.", "Dorsey was responding to a tweet from Square’s Chief Financial Officer Amrita Ahuja, who said the financial payments company’s Bitcoin strategy hasn’t changed and "we’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative."
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "Then last week, Tesla announced that it would no longer accept Bitcoin as a payment becauseto energy consumption, making the heel-turn complete.", "Jihan Wu, the former CEO of the Bitcoin chip mining company Bitmain, who at the time was one of the leading Big Block advocates and a forcebehind Bitcoin Cash,sprang into action with a series of tweets on the subject."
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