Polymath Network Cryptocurrency is currently on bearish momentum by 39.44% in the last 7 days. At 18:16 EST on Friday, 23 April, Polymath Network is at $0.29.
Polymath Network Range
About Polymath Network’s daily highs and lows, it’s 11.74% up from its trailing 7 days low of $0.26 and 40.71% down from its trailing 7 days high of $0.49.
Currently, Polymath Network has 45192 Twitter followers and 5494 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?"
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "For now, lots of Bitcoin is being produced by the most-polluting source of electricity. ", "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. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "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."
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "Owners of the trust must find buyers in the secondary market if they want to sell, which can exacerbate the discount with the price of Bitcoin falling. ", "Still, that’s likely of little comfort to many of the other GBTC investors who bought the trust at a premium during the height of the Bitcoin mania."
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