Phala Network Cryptocurrency is currently on bearish momentum by 17.10% in the last 24 hours. At 04:19 EST on Friday, 23 April, Phala Network is at $0.68.

Phala Network Range

Concerning Phala Network’s daily highs and lows, it’s 0.68% down from its trailing 24 hours low of $0.68 and 18.63% down from its trailing 24 hours high of $0.83.

Social Status

Currently, Phala Network has 41032 Twitter followers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Phala Network’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, "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. ", "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. "

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?"

More news about Phala Network.

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