Fantom Cryptocurrency is currently on bearish momentum by 26.96% in the last 24 hours. At 03:51 EST on Friday, 23 April, Fantom is at $0.28.

Fantom Range

About Fantom’s daily highs and lows, it’s 2.91% up from its trailing 24 hours low of $0.27 and 28.75% down from its trailing 24 hours high of $0.39.

Social Status

Currently, Fantom has 61984 Twitter followers and 6195 Reddit subscribers.

As of now, on Github, there are 40 forks, 94 stars, and 23 subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Fantom’s crypto is considered to be overbought (>=80).

News about Bitcoin

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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.", "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. "

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. "

‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "Some of the largest non-bank firms in cryptocurrency, including BitGo, BlockFi, Galaxy Digital and Genesis, are stepping up to meet investor demand for dollars amid a longstanding wariness by banks to lend to individuals or companies associated with Bitcoin and other digital assets. ", "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%."

More news about Fantom.

LEAVE A REPLY

Please enter your comment!
Please enter your name here