Compound Cryptocurrency is currently on bearish momentum by 13.75% in the last 6 hours. At 21:48 EST on Thursday, 22 April, Compound is at $516.98.

Social Status

Currently, Compound has 122954 Twitter followers.

As of now, on Github, there are 455 forks, 648 stars, and 55 subscribers.

Volatility

Compound’s last week, last month’s, and last quarter’s current volatility was 466.94%, 466.94%, and 466.94%, respectively.

Compound’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 466.94% (last week), 466.94% (last month), and 466.94% (last quarter), respectively.

News about Bitcoin

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "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.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "

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. "

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?"

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. ", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."

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."

More news about Compound.

LEAVE A REPLY

Please enter your comment!
Please enter your name here