SafePal (SFP-USD) Cryptocurrency is currently on bullish momentum by 12.28% in the last 6 hours. At 06:16 EST on Monday, 17 May, SafePal (SFP-USD) is at $1.92.

Social Status

Currently, SafePal (SFP-USD) has 327404 Twitter followers.

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

Bitcoin crashes to $42,000 after Elon Musk tweet-storm – but rebounds after he clarifies Tesla hasn't sold its holdings. According to Business Insider on Monday, 17 May, "A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. "

Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "With Bitcoin well off its recent highs, Musk’s revival of the blocksize fight is just another annoyance for the community.", "But it actually struck right to the heart of an old fight within the Bitcoin world about how the currency would scale. "

Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."

Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, "Wall Street is also becoming more comfortable with Bitcoin, with Morgan Stanley offering its customers a Bitcoin fund that tracks the coin’s performance. ", "Musk had been an outspoken supporter, but now says he’s worried that Bitcoin mining relies too much on coal. "

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