DerivaDAO Cryptocurrency is currently on bullish momentum by 16.23% in the last 24 hours. At 04:46 EST on Friday, 16 April, DerivaDAO is at $6.72.
Regarding DerivaDAO’s daily highs and lows, it’s 21.3% up from its trailing 24 hours low of $5.54 and 4.68% down from its trailing 24 hours high of $7.05.
Currently, DerivaDAO has 5713 Twitter followers and 40 Reddit subscribers.
DerivaDAO’s last week, last month’s, and last quarter’s current volatility was 7.67%, 7.67%, and 7.67%, 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 7.67% (last week), 7.67% (last month), and 7.67% (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 oversold (<=20).
News about Bitcoin
Bitcoin power consumption jumped 66-fold since 2015, citi says. According to Bloomberg Quint on Tuesday, 13 April, "Carbon emissions related to cryptocurrencies have become a concern for climate watchers amid a surge in Bitcoin mining in China, where the electricity for such operations is partly supplied by coal-fired plants. ", "As the value of Bitcoin rises, so should its energy consumption," Citigroup Inc. analysts said in the report."
First Bitcoin ETF in north america hits $1 billion in assets. According to Bloomberg Quint on Tuesday, 13 April, "Less than two months after launching, the first North American Bitcoin ETF already reached $1 billion (C$1.25 billion) in assets, according to a statement from its issuer.", "Its quick cash accumulation underscores the intense demand for Bitcoin products, as U.S. issuers line up to win approval for the first Bitcoin ETF in the U.S. At least eight firms including VanEck Associates Corp. and WisdomTree Investments now have live applications for with the Securities and Exchange Commission, despite regulator reluctance to approve the strategies."
Bitcoin trades near $64,000 as focus turns to coinbase debut. According to Bloomberg Quint on Wednesday, 14 April, "Growing mainstream acceptance of cryptocurrencies has spurred Bitcoin to a 120% rally this year, as well as lifting other tokens to record highs. "
Bitcoin rallies to all-time high as traders eye coinbase listing. According to Bloomberg Quint on Tuesday, 13 April, "Tesla Inc. earlier this year disclosed a $1.5 billion investment in Bitcoin and more recently started accepting it as payment for electric cars.", "Coinbase’s public debut this week is also boosting the digital coins of other cryptocurrency exchanges, such as Binance Coin, which has jumped to become the third-most valuable cryptocurrency behind Bitcoin and Ether."
First inverse Bitcoin ETF to debut for betting on crypto plunge. According to Bloomberg Quint on Wednesday, 14 April, "Many investors have a view on Bitcoin and this new ETF will provide an opportunity for those that believe the current price is not justified and that Bitcoin is overdue for a correction," said Todd Rosenbluth, director of ETF research for CFRA Research.", "While regulators south of the border hold off approving any ETFs that track the cryptocurrency, Horizons ETF is releasing a fund (ticker BITI) that will allow investors to take short positions on Bitcoin futures, according to a statement."
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