Ark Cryptocurrency is currently on bearish momentum by 12.43% in the last 6 hours. At 17:56 EST on Thursday, 22 April, Ark is at $1.69.
Currently, Ark has 71969 Twitter followers and 22741 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
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."
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. "
News about Bitcoin
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."
Asian stocks hit one-month highs, Bitcoin climbs. According to FX Empire on Monday, 19 April, "The retreat in Bitcoin also comes after Turkey’s central bank banned the use of cryptocurrencies for purchases on Friday."
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.", "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."
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.", "A global, Bloomberg-curated basket of equities linked to crypto trading or Bitcoin mining fell some 9% over the past week, paring 2021’s climb to about 130%. "
More news about Ark.