Telcoin (TEL-USD) Cryptocurrency is currently on bearish momentum by 16.17% in the last 24 hours. At 00:21 EST on Sunday, 16 May, Telcoin (TEL-USD) is at $0.04.
Telcoin (TEL-USD) Range
Regarding Telcoin’s daily highs and lows, it’s 7.62% down from its trailing 24 hours low of $0.04 and 7.62% down from its trailing 24 hours high of $0.04.
Currently, Telcoin (TEL-USD) has 54455 Twitter followers and 12322 Reddit subscribers.
As of now, on Github, there are 3 forks, 11 stars, and 6 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Telcoin’s crypto is considered to be overbought (>=80).
News about Bitcoin
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc. and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns.", "Broadly it’s a bit surprising given Tesla bought Bitcoin for their treasury in January and the argument is the same whether you’re using Bitcoin as a store of value or for transactional purposes," said Vijay Ayyar, head of Asia-Pacific at Luno Pte., in an email. "
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "The head of crypto hedge fund Pantera Capital Management is still bullish on Bitcoin even if some of Elon Musk’s concerns about the token’s energy footprint are valid.", "On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. "
Bitcoin falls below $50,000 as musk calls energy use ‘insane’. According to Bloomberg Quint on Thursday, 13 May, "Musk’s decision in February to buy $1.5 billion in Bitcoin and plan to accept it as a form of payment has been a major catalyst in the crypto bull market. "
Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, "In an interview earlier this year, Governor Oystein Olsen called it "far too resource-intensive, far too costly and most importantly, it doesn’t preserve stability." Concerns over the carbon footprint of Bitcoin mining this week prompted Tesla Inc. CEO Elon Musk — a former fan of the cryptocurrency — to turn his back on it.", "Musk had been an outspoken supporter, but now says he’s worried that Bitcoin mining relies too much on coal. "
More news about Telcoin (TEL-USD).