Ark Cryptocurrency is currently on bearish momentum by 47.23% in the last 14 days. At 22:07 EST on Thursday, 22 April, Ark is at $1.42.
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
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions.", "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in 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."
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%.", "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. "
More news about Ark.