Bitcoin Diamond Cryptocurrency is currently on bearish momentum by 27.66% in the last 7 days. At 00:41 EST on Friday, 23 April, Bitcoin Diamond is at $2.02.

Bitcoin Diamond Range

Regarding Bitcoin Diamond’s daily highs and lows, it’s 4.66% up from its trailing 7 days low of $1.93 and 42.94% down from its trailing 7 days high of $3.54.

Social Status

Currently, Bitcoin Diamond has 29969 Twitter followers.

As of now, on Github, there are 58 forks, 101 stars, and 33 subscribers.

Volatility

Bitcoin Diamond’s last week, last month’s, and last quarter’s current volatility was 3.53%, 3.53%, and 3.53%, respectively.

Bitcoin Diamond’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.53% (last week), 3.53% (last month), and 3.53% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitcoin Diamond’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. "

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.", "I don’t know how you’d assess the risk profile of a Bitcoin mining operation," said Albert Cheung, head of analysis at BNEF. "

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?"

JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "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.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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. ", "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."

More news about Bitcoin Diamond.

LEAVE A REPLY

Please enter your comment!
Please enter your name here