SuperFarm (super-usd) Cryptocurrency is currently on bullish momentum by 15.15% in the last 6 hours. At 07:16 EST on Friday, 14 May, SuperFarm (super-usd) is at $1.90.
Currently, SuperFarm (super-usd) has 110962 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SuperFarm’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, "In addition to Bitcoin selling off, we’re seeing tech get hammered (down 2%) and the real speculative stuff like the ARKK exchange-traded fund down over 3%. ", "Of course, gold, highly speculative tech, and Bitcoin all have something in common, which is that they don’t generate cash flow in the here and now. "
Musk says Tesla suspending Bitcoin purchases, citing energy use. According to Bloomberg Quint on Wednesday, 12 May, "In a post on Twitter Wednesday, Musk cited concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions." The move comes after Tesla disclosed in February that it had purchased $1.5 billion in Bitcoin and planned to accept it as a payment.", "Tesla’s addition of Bitcoin to its balance sheet was the most visible catalyst during this year’s rally in the digital currency. "
According to Business Insider on Tuesday, 11 May, "The Chicago Board Options Exchange has applied with the US Securities and Exchange Commission Monday to list Fidelity’s Wise Origin Bitcoin exchange-traded fund, according to a Form 19b-4.", "In Canada, the first publicly traded ETF, the Purpose Bitcoin ETF, has been approved, as well as ethereum ETFs. "
Ark financial’s crypto expert sees dogecoin washout, Bitcoin rivaling gold. According to Bloomberg Quint on Wednesday, 12 May, "Ark invests in cryptocurrencies through vehicles such as the Grayscale Bitcoin Trust and via listed firms with exposure to the sector, like crypto exchange Coinbase Global Inc. Elmandjra said Ark also uses proprietary alternative strategies.", "Elmandjra’s outlook for Bitcoin and Ether is that they both have a lot of potential left. "
Bitcoin recoups some losses after musk-triggered tumble. According to FX Empire on Thursday, 13 May, "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel," Musk wrote."
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