Ethernity Chain Cryptocurrency is currently on bearish momentum by 18.42% in the last 24 hours. At 05:57 EST on Thursday, 13 May, Ethernity Chain is at $14.64.
Currently, Ethernity Chain has 73180 Twitter followers.
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
Canadian issuer is making its Bitcoin ETF carbon-neutral. According to Bloomberg Quint on Monday, 10 May, "Ninepoint Partners LP is seeking to lessen apprehension about the energy usage of Bitcoin by dedicating a portion of its crypto ETF’s management fee to offset the fund’s carbon footprint.", "The Bitcoin fund is physically-backed and had roughly $320 million in assets when it converted."
Bitcoin (btc) plunges on Tesla Bitcoin suspension, aud/usd spars USD strength. According to DailyFX on Wednesday, 12 May, "Early Thursday - several hours after the New York closing bell - Bitcoin made a sudden and sharp drop. ", "Mr Musk noted the environmental impact, saying "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel." Tesla’s stock was down just over 1% in after-hours."
According to Business Insider on Tuesday, 11 May, "The Chicago Board Options Exchange has applied with the US Securities and Exchange Commission Monday to list Fidelity’s Wise Origin Bitcoin exchange-traded fund, according to a Form 19b-4.", "In Canada, the first publicly traded ETF, the Purpose Bitcoin ETF, has been approved, as well as ethereum ETFs. "
Ark financial’s crypto expert sees dogecoin washout, Bitcoin rivaling gold. According to Bloomberg Quint on Wednesday, 12 May, "Tokens outside of Bitcoin — which has pulled back from a record set in April — have driven the expansion recently. ", "Ark invests in cryptocurrencies through vehicles such as the Grayscale Bitcoin Trust and via listed firms with exposure to the sector, like crypto exchange Coinbase Global Inc. Elmandjra said Ark also uses proprietary alternative strategies."
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