SafePal Cryptocurrency is currently on bearish momentum by 42.45% in the last 7 days. At 22:22 EST on Thursday, 22 April, SafePal is at $1.87.

Social Status

Currently, SafePal has 294257 Twitter followers.

Volatility

SafePal’s last week, last month’s, and last quarter’s current volatility was 3.39%, 3.39%, and 3.39%, respectively.

SafePal’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.39% (last week), 3.39% (last month), and 3.39% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SafePal’s crypto is considered to be overbought (>=80).

News about Bitcoin

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."

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."

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. "

‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "While Cboe dropped its Bitcoin contract, CME Group’s has been a success, and the exchange recently added Ether futures.", "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%."

More news about SafePal.

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