PancakeSwap Cryptocurrency is currently on bearish momentum by 14.02% in the last 6 hours. At 22:51 EST on Thursday, 22 April, PancakeSwap is at $22.75.

Social Status

Currently, PancakeSwap has 418591 Twitter followers.

Volatility

PancakeSwap’s last week, last month’s, and last quarter’s current volatility was 22.58%, 22.58%, and 22.58%, respectively.

PancakeSwap’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 22.58% (last week), 22.58% (last month), and 22.58% (last quarter), respectively.

News about Bitcoin

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "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.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."

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. "

‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "It was not without its controversy," he said, adding that Thomas Peterffy, chairman of Interactive Brokers, placed a full-page ad in the Wall Street Journal decrying the move and saying words to the effect of, "Don’t let Bitcoin futures come about or the western world will end." Even Wall Street’s futures group, the Futures Industry Association, was against the idea, he said.", "There’s a healthy combination of retail and institutional interest in the market for digital assets such as Bitcoin and Ether, he said. "

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."

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