Numeraire Cryptocurrency is currently on bearish momentum by 16.25% in the last 24 hours. At 01:10 EST on Friday, 23 April, Numeraire is at $59.71.

Social Status

Currently, Numeraire has 27606 Twitter followers and 3122 Reddit subscribers.

As of now, on Github, there are 23 forks, 130 stars, and 20 subscribers.

Volatility

Numeraire’s last week, last month’s, and last quarter’s current volatility was 56.12%, 56.12%, and 56.12%, respectively.

Numeraire’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 56.12% (last week), 56.12% (last month), and 56.12% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Numeraire’s crypto is considered to be overbought (>=80).

News about Bitcoin

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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.", "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. "

What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. ", "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. "

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "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.", "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."

More news about Numeraire.

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