Theta Network (THETA-USD) Cryptocurrency is currently on bullish momentum by 12.28% in the last 6 hours. At 07:22 EST on Monday, 17 May, Theta Network (THETA-USD) is at $10.24.
Currently, Theta Network (THETA-USD) has 159176 Twitter followers and 17039 Reddit subscribers.
As of now, on Github, there are 44 forks, 216 stars, and 42 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Theta Network’s crypto is considered to be overbought (>=80).
News about Bitcoin
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."
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
Bitcoin nurses losses as musk’s spats on twitter whipsaw token. According to Bloomberg Quint on Monday, 17 May, "Musk’s disclosure in early February that Tesla had invested $1.5 billion in corporate cash to buy Bitcoin sent the token’s price to a record and lent legitimacy to virtual currencies, which have come closer to being a more mainstream asset in recent months despite lingering skepticism.", "On Sunday, the mercurial billionaire seemed to agree with a post saying the electric-vehicle maker should divest what at one point was a $1.5 billion Bitcoin stake."
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%. "
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
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