Celo Cryptocurrency is currently on bullish momentum by 17.48% in the last 24 hours. At 00:40 EST on Saturday, 24 April, Celo is at $5.37.

Social Status

Currently, Celo has 23498 Twitter followers.

As of now, on Github, there are 77 forks, 250 stars, and 57 subscribers.

Volatility

Celo’s last week, last month’s, and last quarter’s current volatility was 4.35%, 4.35%, and 4.35%, respectively.

Celo’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.35% (last week), 4.35% (last month), and 4.35% (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, "All else equal, with Bitcoin mining, we believe renewable energy should be able to provision a large percentage of any locality’s power economically," the post said. ", "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."

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?"

Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg.", "GBTC has also faced increased competition from Canada, which has approved Bitcoin ETFs while U.S. regulators continue to consider applications."

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in 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."

More news about Celo.

LEAVE A REPLY

Please enter your comment!
Please enter your name here