(VIANEWS) – NEM (XEM-USD) Cryptocurrency is currently on bullish momentum by 17.31% in the last 6 hours. At 21:25 EST on Thursday, 15 July, NEM (XEM-USD) is at $0.1377.
Today’s last reported volume for NEM is 214679657, 4.53% above its average volume of 205381779.32.
All-Time High and Low
NEM’s current value is at $0.14, 92.63% below its all-time high of $1.87 on Sunday, 7 January.
NEM’s current value is at $0.14, 162325.39% above its all time low of $1.87 on Saturday, 5 September.
Market Cap and Supply
NEM’s current market cap is 1232867823.
NEM (XEM-USD) Range
Concerning NEM’s daily highs and lows, it’s 14.79% up from its trailing 6 hours low of $0.1200 and 1.61% down from its trailing 6 hours high of $0.1400.
Currently, NEM (XEM-USD) has 371090 Twitter followers and 21698 Reddit subscribers.
As of now, on Github, there are 50 forks, 90 stars, and 42 subscribers.
NEM’s last week, last month’s, and last quarter’s current volatility was a negative 1.77%, a negative 0.93%, and a positive 5.99%, respectively.
NEM’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.43% (last week), 5.08% (last month), and 5.99% (last quarter), respectively.
News about Bitcoin
Bitcoin miners seek to go nuclear to address environmental woes. According to Bloomberg Quint on Wednesday, 14 July, "Power startup Oklo Inc. said it’s partnering with Bitcoin mining and hosting firm Compass Mining to introduce advanced fission to the energy-intensive process of minting new coins. ", "From a clean energy technology and development perspective, I actually think Bitcoin is going to be a really powerful ally and partner for that."
Bitcoin slides while chatter about central bank rivals increases. According to Bloomberg Quint on Thursday, 15 July, "Meanwhile, hardcore enthusiasts who have been arguing that Bitcoin and some other cryptocurrencies are a hedge against rising consumer prices and excessive money printing from global central banks are seeing that argument put to the test amid hotter-than-expected inflation prints in the U.S.", "That challenges Bitcoin in a way, it challenges the dominance of Bitcoin but it actually adds credibility to the whole idea of digital currencies."
Bitcoin inflation hedge mantra put to test as momentum falters. According to Bloomberg Quint on Wednesday, 14 July, "Just think how far Bitcoin has come in the past year, that had to correct. ", "The price of Bitcoin is nearing the lower band of its Trading Envelope indicator — which smooths moving averages to map out higher and lower limits — suggesting it’s near a critical inflection point. "
Grayscale Bitcoin fund advances ETF plans with new partnership. According to Bloomberg Quint on Tuesday, 13 July, "The largest Bitcoin fund is ramping up its ETF ambitions through a new agreement with Bank of New York Mellon Corp.", "Grayscale Investments LLC will use BNY Mellon for exchange-traded fund services upon the hoped-for conversion of its $21.5 billion Grayscale Bitcoin Trust (ticker GBTC), according to a statement on Tuesday. "
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