Loopring Cryptocurrency is currently on bearish momentum by 13.66% in the last 6 hours. At 23:14 EST on Thursday, 22 April, Loopring is at $0.45.
Regarding Loopring’s daily highs and lows, it’s 0.08% up from its trailing 6 hours low of $0.45 and 11.69% down from its trailing 6 hours high of $0.51.
Currently, Loopring has 70206 Twitter followers and 10012 Reddit subscribers.
As of now, on Github, there are 90 forks, 270 stars, and 38 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Loopring’s crypto is considered to be overbought (>=80).
News about Bitcoin
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.", "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India."
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.", "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East."
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. "
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "It also offers a credit card with Bitcoin rewards, as well as a Bitcoin Trust that gives investors exposure without requiring actual purchases of the digital currency.", "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%."
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