Polymath Network Cryptocurrency is currently on bearish momentum by 42.62% in the last 14 days. At 23:12 EST on Friday, 23 April, Polymath Network is at $0.30.
Polymath Network Range
Regarding Polymath Network’s daily highs and lows, it’s 17.19% up from its trailing 14 days low of $0.26 and 46.55% down from its trailing 14 days high of $0.57.
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
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. ", "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."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in 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."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."
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. "
More news about Polymath Network.