Ocean Protocol Cryptocurrency is currently on bearish momentum by 12.40% in the last 6 hours. At 17:15 EST on Thursday, 22 April, Ocean Protocol is at $1.21.

Social Status

Currently, Ocean Protocol has 102463 Twitter followers and 2677 Reddit subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ocean Protocol’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, "Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining.", "I don’t know how you’d assess the risk profile of a Bitcoin mining operation," said Albert Cheung, head of analysis at BNEF. "

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. "

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."

More news about Ocean Protocol.

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