IoTeX Cryptocurrency is currently on bullish momentum by 43.94% in the last 14 days. At 21:02 EST on Thursday, 29 April, IoTeX is at $0.07.
IoTeX Range
About IoTeX’s daily highs and lows, it’s 149.26% up from its trailing 14 days low of $0.03 and 6.82% up from its trailing 14 days high of $0.07.
Social Status
Currently, IoTeX has 47739 Twitter followers and 2736 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 oversold (<=20).
News about Bitcoin
SEC punts long-awaited Bitcoin ETF decision to at least June. According to Bloomberg Quint on Wednesday, 28 April, "Crypto advocates will have to wait a while longer for the U.S. regulator’s verdict on Bitcoin exchange-traded fund approval as applications pile up.", "Optimism has been building that after nearly a decade of efforts, the SEC may finally approve a Bitcoin ETF launch this year. "
Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, "A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the currency as a form of payment. ", "Nexon said it intended to guard itself against a potential drop in the value of non-digital currencies in case of inflation, with Mahoney seeing Bitcoin as a "form of cash likely to retain its value, even if it is not yet widely-recognized as such."
Bitcoin at inflection point amid recent selloff, technicals show. According to Bloomberg Quint on Wednesday, 28 April, "If Bitcoin can’t overtake its 50-day mean — which currently sits at about $57,042 — then it might be in for a period of volatility as the gap between the two trend lines converges. ", "While some dispute the idea that Bitcoin can act as an inflation hedge, the argument has been a key tenet for its bullish thesis and rings true for a lot of crypto fans. "
More news about IoTeX.
