NEO (NEO-USD) Cryptocurrency is currently on bearish momentum by 27.53% in the last 7 days. At 23:08 EST on Sunday, 16 May, NEO (NEO-USD) is at $86.06.
Currently, NEO (NEO-USD) has 396499 Twitter followers and 111139 Reddit subscribers.
As of now, on Github, there are 945 forks, 3249 stars, and 392 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NEO’s crypto is considered to be overbought (>=80).
News about Bitcoin
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "But a statement he made on Saturday night about Dogecoin really picked open an old Bitcoin scab.", "The small block contingent argued that there were better ways to scale Bitcoin for payments (using so-called Layer 2 solutions) and that by adding more payments directly to the chain itself, it would become cost prohibitive for individuals to run a full node to monitor the network, thus sacrificing decentralization. "
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
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