IRISnet Cryptocurrency is currently on bearish momentum by 15.07% in the last 6 hours. At 19:02 EST on Thursday, 22 April, IRISnet is at $0.14.
Regarding IRISnet’s daily highs and lows, it’s 0.67% down from its trailing 6 hours low of $0.14 and 13.09% down from its trailing 6 hours high of $0.16.
Currently, IRISnet has 22410 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IRISnet’s crypto is considered to be overbought (>=80).
News about Bitcoin
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner 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.", "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. "
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.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "In their research, ARK and Square proposed that a renewable power project could be built without a grid connection, just to power a Bitcoin operation. ", "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. "
Asian stocks hit one-month highs, Bitcoin climbs. According to FX Empire on Monday, 19 April, "The retreat in Bitcoin also comes after Turkey’s central bank banned the use of cryptocurrencies for purchases on Friday."
More news about IRISnet.