SafePal Cryptocurrency is currently on bearish momentum by 15.00% in the last 6 hours. At 17:21 EST on Thursday, 22 April, SafePal is at $2.00.

Social Status

Currently, SafePal has 288549 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

JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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. ", "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."

‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "It also offers a credit card with Bitcoin rewards, as well as a Bitcoin Trust that gives investors exposure without requiring actual purchases of the digital currency.", "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%."

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 SafePal.

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