Ark Cryptocurrency is currently on bullish momentum by 23.68% in the last 6 hours. At 20:55 EST on Friday, 23 April, Ark is at $1.88.

Social Status

Currently, Ark has 71964 Twitter followers and 22751 Reddit subscribers.

As of now, on Github, there are 296 forks, 291 stars, and 37 subscribers.

Volatility

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."

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. "

First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer.", "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said."

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."

According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."

What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. ", "On Twitter, Dorsey said Bitcoin "incentivizes renewable energy." Musk responded with one word: "True."

More news about Ark.

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