Linear Cryptocurrency is currently on bullish momentum by 12.93% in the last 6 hours. At 13:00 EST on Thursday, 22 April, Linear is at $0.10.
Concerning Linear’s daily highs and lows, it’s 14.96% up from its trailing 6 hours low of $0.09 and 3.46% up from its trailing 6 hours high of $0.10.
Currently, Linear has 33017 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Linear’s crypto is considered to be overbought (>=80).
News about Bitcoin
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "Wood says the new research ideas — in a paper by her ARK Investment Management LLC and Dorsey’s Square Inc. — "debunk the myth" that Bitcoin mining is damaging the environment. ", "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. "
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.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
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."
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."
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