IoTeX Cryptocurrency is currently on bullish momentum by 14.23% in the last 6 hours. At 16:01 EST on Friday, 23 April, IoTeX is at $0.04.
Concerning IoTeX’s daily highs and lows, it’s 29.13% up from its trailing 6 hours low of $0.03 and 3.15% down from its trailing 6 hours high of $0.04.
Currently, IoTeX has 46314 Twitter followers and 2689 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IoTeX’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, "Research from the Centre for Alternative Finance shows that Bitcoin mining is dominated by China, a country currently driving a boom in new coal plants. ", "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. "
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. ", "Owners of the trust must find buyers in the secondary market if they want to sell, which can exacerbate the discount with the price of Bitcoin falling. "
Scientist who says he created Bitcoin can sue mystery website. According to Bloomberg Quint on Friday, 23 April, "An Australian scientist who says he created Bitcoin won the backing of a London court to pursue the mystery owners of the bitcoin.org website for allegedly infringing his copyright over the world’s largest cryptocurrency.", "Wright is seeking a declaration that he owns the copyright to the Bitcoin white paper, according to the statement. "
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."
More news about IoTeX.