RSK Infrastructure Framework Cryptocurrency is currently on bearish momentum by 27.49% in the last 7 days. At 20:16 EST on Saturday, 24 April, RSK Infrastructure Framework is at $0.27.
RSK Infrastructure Framework Range
Regarding RSK Infrastructure Framework’s daily highs and lows, it’s 1.05% down from its trailing 7 days low of $0.27 and 27.79% down from its trailing 7 days high of $0.37.
Currently, RSK Infrastructure Framework has 42467 Twitter followers and 3204 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, RSK Infrastructure Framework’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, ripple's co-founder says. According to Business Insider on Saturday, 24 April, "I know this is a bold proposal, but it is worth a serious discussion given what the world looks like today (in comparison to when Bitcoin was launched in 2009)," Larsen said. ", "I would argue that such a change is critically important for Bitcoin to remain the world’s dominant cryptocurrency."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said.", "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. "
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "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.", "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East."
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds.", "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. "
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