Pundi X [OLD] (npxs-usd) Cryptocurrency is currently on bullish momentum by 32.41% in the last 6 hours. At 00:08 EST on Saturday, 15 May, Pundi X [OLD] (npxs-usd) is at $0.00.
Currently, Pundi X [OLD] (npxs-usd) has 150711 Twitter followers and 21271 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Pundi X [OLD]’s crypto is considered to be overbought (>=80).
News about Bitcoin
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc. and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns.", "We think the news is overblown and wouldn’t be surprised if Tesla is signaling plans to make crypto ‘greener.’" In a note Wednesday, Grider said Bitcoin has been consolidating for months as its market dominance has waned, but he’s still bullish, with a target of $100,000."
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains," he said.", "The head of crypto hedge fund Pantera Capital Management is still bullish on Bitcoin even if some of Elon Musk’s concerns about the token’s energy footprint are valid."
More news about Pundi X [OLD] (npxs-usd).