Ark Cryptocurrency is currently on bullish momentum by 28.08% in the last 24 hours. At 05:55 EST on Saturday, 24 April, Ark is at $1.73.
Regarding Ark’s daily highs and lows, it’s 28.15% up from its trailing 24 hours low of $1.35 and 11.73% down from its trailing 24 hours high of $1.96.
Currently, Ark has 71964 Twitter followers and 22757 Reddit subscribers.
As of now, on Github, there are 296 forks, 291 stars, and 37 subscribers.
Ark’s last week, last month’s, and last quarter’s current volatility was 3.10%, 3.10%, and 3.10%, respectively.
Ark’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.10% (last week), 3.10% (last month), and 3.10% (last quarter), respectively.
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
Jack dorsey's Square and cathie wood's ark suggest Bitcoin mining encourages the adoption of renewable energy and isn't environmentally-damaging. According to Business Insider on Thursday, 22 April, "Teams from Jack Dorsey’s Square and Cathie Wood’s Ark Invest produced the results of a research collaboration on Wednesday that aims to show how bitcoin mining incentivizes the use of renewable energy.", "But research from Square and Ark seems to indicate the conversation around bitcoin’s negative environmental impact only tells half the story. "
Covid shock and ark effect to spur $1 trillion boom in ESG etfs. According to Bloomberg Quint on Wednesday, 21 April, "Thematic funds, which invest according to market niches like robotics or artificial intelligence, have been one of the past year’s hottest trends thanks to the high-profile success of firms like Ark Investment Management."
Cathie wood's ark loads up another 1.2 million shares in skillz, also adds coinbase, DraftKings. According to Business Insider on Friday, 23 April, "Cathie Wood-led Ark Investment Management on Thursday snapped up 1.2 million shares of the mobile gaming company Skillz Inc (NYSE:SKLZ), its biggest trade of the day among a total of two dozen stocks that it bought and sold during the day.", "The Ark Next Generation Internet ETF (NYSE:ARKW) bought 55,374 COIN shares representing about 0.24% of the ETF."
News about Bitcoin
Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "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.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that Bitcoin mining can be good for the planet actually. ", "Wood says the new research ideas — in a paper by her ARK Investment Management LLC and Dorsey’s Square Inc. — "debunk the myth" that Bitcoin mining is damaging the environment. "
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. "
More news about Ark.