Ethernity Chain Cryptocurrency is currently on bearish momentum by 52.63% in the last 14 days. At 20:52 EST on Thursday, 22 April, Ethernity Chain is at $19.34.

Ethernity Chain Range

About Ethernity Chain’s daily highs and lows, it’s 8.77% up from its trailing 14 days low of $17.78 and 54.83% down from its trailing 14 days high of $42.82.

Social Status

Currently, Ethernity Chain has 63601 Twitter followers.

Volatility

Ethernity Chain’s last week, last month’s, and last quarter’s current volatility was 39.99%, 39.99%, and 39.99%, respectively.

Ethernity Chain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 39.99% (last week), 39.99% (last month), and 39.99% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ethernity Chain’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."

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. ", "Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions."

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?"

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. "

More news about Ethernity Chain.

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