Band Protocol Cryptocurrency is currently on bearish momentum by 12.71% in the last 6 hours. At 02:59 EST on Friday, 23 April, Band Protocol is at $14.16.
Currently, Band Protocol has 82683 Twitter followers and 4833 Reddit subscribers.
As of now, on Github, there are 42 forks, 179 stars, and 18 subscribers.
Band Protocol’s last week, last month’s, and last quarter’s current volatility was 22.31%, 22.31%, and 22.31%, respectively.
Band Protocol’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 22.31% (last week), 22.31% (last month), and 22.31% (last quarter), respectively.
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.", "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said."
Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. "
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East.", "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, "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
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