Hathor Cryptocurrency is currently on bearish momentum by 27.14% in the last 7 days. At 21:03 EST on Thursday, 22 April, Hathor is at $1.20.
Currently, Hathor has 22925 Twitter followers and 948 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Hathor’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, "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. ", "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."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.", "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "Giancarlo, 61, headed the CFTC when the Chicago Board Options Exchange and CME Group Inc. first offered Bitcoin futures contracts. ", "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. "
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