DerivaDAO Cryptocurrency is currently on bearish momentum by 26.21% in the last 7 days. At 03:53 EST on Friday, 23 April, DerivaDAO is at $4.45.
Currently, DerivaDAO has 5756 Twitter followers and 40 Reddit subscribers.
DerivaDAO’s last week, last month’s, and last quarter’s current volatility was 7.42%, 7.42%, and 7.42%, respectively.
DerivaDAO’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 7.42% (last week), 7.42% (last month), and 7.42% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DerivaDAO’s crypto is considered to be overbought (>=80).
News about Bitcoin
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."
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 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. ", "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."
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