OMG Network Cryptocurrency is currently on bearish momentum by 39.47% in the last 14 days. At 05:11 EST on Saturday, 24 April, OMG Network is at $6.31.
OMG Network Range
About OMG Network’s daily highs and lows, it’s 8.42% up from its trailing 14 days low of $5.82 and 39.96% down from its trailing 14 days high of $10.51.
Currently, OMG Network has 319447 Twitter followers and 4476 Reddit subscribers.
As of now, on Github, there are 53 forks, 94 stars, and 25 subscribers.
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
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds.", "The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. "
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "Research from the Centre for Alternative Finance shows that Bitcoin mining is dominated by China, a country currently driving a boom in new coal plants. ", "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "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.", "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.