Avalanche Cryptocurrency is currently on bearish momentum by 12.96% in the last 6 hours. At 19:01 EST on Thursday, 22 April, Avalanche is at $24.31.

Social Status

Currently, Avalanche has 65858 Twitter followers and 6368 Reddit subscribers.

As of now, on Github, there are 144 forks, 651 stars, and 78 subscribers.

Volatility

Avalanche’s last week, last month’s, and last quarter’s current volatility was 31.37%, 31.37%, and 31.37%, respectively.

Avalanche’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 31.37% (last week), 31.37% (last month), and 31.37% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Avalanche’s crypto is considered to be overbought (>=80).

News about Bitcoin

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?"

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. "

What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "On Twitter, Dorsey said Bitcoin "incentivizes renewable energy." Musk responded with one word: "True.", "Research from the Centre for Alternative Finance shows that Bitcoin mining is dominated by China, a country currently driving a boom in new coal plants. "

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed."

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."

More news about Avalanche.

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