Band Protocol Cryptocurrency is currently on bullish momentum by 12.93% in the last 6 hours. At 10:57 EST on Thursday, 22 April, Band Protocol is at $18.43.
Currently, Band Protocol has 82683 Twitter followers and 4822 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.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Band Protocol’s crypto is considered to be overbought (>=80).
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. "
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "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."
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. ", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
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