Arweave Cryptocurrency is currently on bearish momentum by 26.26% in the last 7 days. At 22:08 EST on Thursday, 22 April, Arweave is at $20.94.
Concerning Arweave’s daily highs and lows, it’s 1.85% up from its trailing 7 days low of $20.56 and 27.27% down from its trailing 7 days high of $28.79.
Currently, Arweave has 15010 Twitter followers.
Arweave’s last week, last month’s, and last quarter’s current volatility was 26.45%, 26.45%, and 26.45%, respectively.
Arweave’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 26.45% (last week), 26.45% (last month), and 26.45% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Arweave’s crypto is considered to be overbought (>=80).
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. "
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. "
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining.", "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. "
More news about Arweave.