Polymath Network Cryptocurrency is currently on bullish momentum by 13.00% in the last 6 hours. At 03:10 EST on Saturday, 24 April, Polymath Network is at $0.33.
Polymath Network Range
Regarding Polymath Network’s daily highs and lows, it’s 14.63% up from its trailing 6 hours low of $0.29 and 0.73% up from its trailing 6 hours high of $0.33.
Currently, Polymath Network has 45192 Twitter followers and 5492 Reddit subscribers.
As of now, on Github, there are 121 forks, 277 stars, and 70 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Polymath Network’s crypto is considered to be overbought (>=80).
News about Bitcoin
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?"
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg.", "The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. "
According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "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.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
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