IoTeX Cryptocurrency is currently on bearish momentum by 14.09% in the last 6 hours. At 01:01 EST on Friday, 23 April, IoTeX is at $0.03.
Concerning IoTeX’s daily highs and lows, it’s 12.14% up from its trailing 6 hours low of $0.03 and 15.9% down from its trailing 6 hours high of $0.04.
Currently, IoTeX has 46314 Twitter followers and 2687 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, "Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining.", "Wood says the new research ideas — in a paper by her ARK Investment Management LLC and Dorsey’s Square Inc. — "debunk the myth" that Bitcoin mining is damaging the environment. "
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East."
Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "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.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
More news about IoTeX.