Komodo Cryptocurrency is currently on bullish momentum by 12.98% in the last 6 hours. At 22:05 EST on Friday, 23 April, Komodo is at $2.35.
Currently, Komodo has 107015 Twitter followers and 9013 Reddit subscribers.
Komodo’s last week, last month’s, and last quarter’s current volatility was 3.85%, 3.85%, and 3.85%, respectively.
Komodo’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.85% (last week), 3.85% (last month), and 3.85% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Komodo’s crypto is considered to be overbought (>=80).
News about Bitcoin
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "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.", "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said."
38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "
More news about Komodo.