KardiaChain Cryptocurrency is currently on bearish momentum by 12.40% in the last 6 hours. At 23:01 EST on Wednesday, 12 May, KardiaChain is at $0.10.
Regarding KardiaChain’s daily highs and lows, it’s 6.52% up from its trailing 6 hours low of $0.09 and 12.85% down from its trailing 6 hours high of $0.11.
Currently, KardiaChain has 24058 Twitter followers and 1307 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, KardiaChain’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, "Of course, gold, highly speculative tech, and Bitcoin all have something in common, which is that they don’t generate cash flow in the here and now. ", "In addition to Bitcoin selling off, we’re seeing tech get hammered (down 2%) and the real speculative stuff like the ARKK exchange-traded fund down over 3%. "
Musk says Tesla suspending Bitcoin purchases, citing energy use. According to Bloomberg Quint on Wednesday, 12 May, "In a post on Twitter Wednesday, Musk cited concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." The move comes after Tesla disclosed in February that it had purchased $1.5 billion in Bitcoin and planned to accept it as a payment.", "The company’s website still had information about how to make payments via Bitcoin after Musk’s tweet."
Cboe files to list fidelity Bitcoin ETF amid regulatory test. According to Bloomberg Quint on Tuesday, 11 May, "Crypto proponents argue the sector is evolving and that other jurisdictions like Canada allow Bitcoin ETFs, leaving U.S. investors at a disadvantage.", "Cboe has already petitioned for the approval of vehicles such as a VanEck Bitcoin fund, one of a number of Bitcoin ETFs seeking the green light from officials. "
More news about KardiaChain.