Syscoin Cryptocurrency is currently on bearish momentum by 13.50% in the last 6 hours. At 00:22 EST on Friday, 23 April, Syscoin is at $0.32.
About Syscoin’s daily highs and lows, it’s 0.47% down from its trailing 6 hours low of $0.32 and 11.53% down from its trailing 6 hours high of $0.36.
Currently, Syscoin has 63853 Twitter followers and 5036 Reddit subscribers.
As of now, on Github, there are 55 forks, 122 stars, and 53 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Syscoin’s crypto is considered to be overbought (>=80).
News about Bitcoin
‘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.", "Giancarlo, 61, headed the CFTC when the Chicago Board Options Exchange and CME Group Inc. first offered Bitcoin futures contracts. "
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "A bank would probably want to charge a higher interest rate on a project that plans to sell power to a Bitcoin miner than it would if the customer were Google.", "On Twitter, Dorsey said Bitcoin "incentivizes renewable energy." Musk responded with one word: "True."
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. ", "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said."
Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. "
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
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