Polymath Network Cryptocurrency is currently on bearish momentum by 39.43% in the last 14 days. At 22:15 EST on Thursday, 22 April, Polymath Network is at $0.29.
Polymath Network Range
Regarding Polymath Network’s daily highs and lows, it’s 1.42% down from its trailing 14 days low of $0.29 and 53.13% down from its trailing 14 days high of $0.61.
Currently, Polymath Network has 45194 Twitter followers and 5493 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
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "There’s a healthy combination of retail and institutional interest in the market for digital assets such as Bitcoin and Ether, he said. ", "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
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?"
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."
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