Electroneum Cryptocurrency is currently on bearish momentum by 44.46% in the last 14 days. At 22:51 EST on Thursday, 22 April, Electroneum is at $0.02.
Regarding Electroneum’s daily highs and lows, it’s 11.47% down from its trailing 14 days low of $0.02 and 40.98% down from its trailing 14 days high of $0.03.
Currently, Electroneum has 129684 Twitter followers and 25207 Reddit subscribers.
As of now, on Github, there are 194 forks, 366 stars, and 88 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Electroneum’s crypto is considered to be overbought (>=80).
News about Bitcoin
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. ", "Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "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.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."
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."
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. "
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