OMG Network Cryptocurrency is currently on bearish momentum by 18.20% in the last 24 hours. At 05:12 EST on Friday, 23 April, OMG Network is at $6.07.

OMG Network Range

Concerning OMG Network’s daily highs and lows, it’s 4.3% up from its trailing 24 hours low of $5.82 and 25.34% down from its trailing 24 hours high of $8.13.

Social Status

Currently, OMG Network has 319447 Twitter followers and 4470 Reddit subscribers.

As of now, on Github, there are 53 forks, 94 stars, and 25 subscribers.

Volatility

OMG Network’s last week, last month’s, and last quarter’s current volatility was 6.65%, 6.65%, and 6.65%, respectively.

OMG Network’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 6.65% (last week), 6.65% (last month), and 6.65% (last quarter), respectively.

Crypto Price Classification

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

News about Bitcoin

First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "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.", "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said."

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. ", "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed."

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, "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. ", "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."

More news about OMG Network.

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