Steem Cryptocurrency is currently on bullish momentum by 161.04% in the last 30 days. At 18:15 EST on Monday, 12 April, Steem is at $1.23.
About Steem’s daily highs and lows, it’s 108.47% up from its trailing 30 days low of $0.59 and 10.87% down from its trailing 30 days high of $1.38.
Currently, Steem has 13384 Twitter followers and 3928 Reddit subscribers.
As of now, on Github, there are 782 forks, 1885 stars, and 236 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Steem’s crypto is considered to be oversold (<=20).
News about Bitcoin
Microstrategy pivots to Bitcoin payouts for board of directors. According to Bloomberg Quint on Monday, 12 April, "MicroStrategy Inc. is pivoting to payouts in Bitcoin for its four non-employee board of directors, marrying management closer to the software maker’s strategy of investing in the largest cryptocurrency.", "The move is the software-analytics developer’s "commitment to Bitcoin given its ability to serve as a store of value," the Tysons Corner, Virginia-based company said in a filing."
Bitcoin tops $60,000 and sets new high over the weekend as Elon Musk aims towards the "moon". According to Business Insider on Sunday, 11 April, "Early Saturday morning, as the cryptocurrency was floating around its weekend high, Tesla and SpaceX CEO (and Technoking) Elon Musk tweeted "…going to moon very soon," in an apparent reference to popular Bitcoin slang "to the moon.", "Supply has been tight as some of Wall Street’s biggest firms have begun to invest in cryptocurrencies, while major payment firms Stripe and Paypal have begun to accept Bitcoin as payment."
Whipsawed Bitcoin investors eye coinbase as steadier crypto bet. According to Bloomberg Quint on Friday, 9 April, "Elon Musk’s Tesla Inc. and Michael Saylor’s MicroStrategy Inc. have both notably added billions worth of Bitcoin to their treasuries. ", "For a crypto investor that also buys stocks, it has the ability to diversify risks as there is a very profitable exchange platform that trades on another venue (stock exchange) whose flows of buyers and sellers can be less correlated than many crypto prices," wrote Greg Foss, a veteran credit trader, Bitcoin investor and chief financial officer for Validus Power Corp., in an email reply to questions."
According to Business Insider on Friday, 9 April, "Since the Purpose Bitcoin ETF was approved as the first in Canada in February, it has taken in over a billion dollars.", "While funds like the Grayscale Bitcoin Trust (GBTC) exist, it is not traded on an exchange and therefore cannot be accessed through a traditional brokerage account."
More news about Steem.