Klever Cryptocurrency is currently on bearish momentum by 19.49% in the last 24 hours. At 05:06 EST on Friday, 23 April, Klever is at $0.06.
About Klever’s daily highs and lows, it’s 3.3% down from its trailing 24 hours low of $0.06 and 27.48% down from its trailing 24 hours high of $0.08.
Currently, Klever has 192491 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Klever’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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. ", "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said."
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.", "On Twitter, Dorsey said Bitcoin "incentivizes renewable energy." Musk responded with one word: "True."
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. "
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