UMA Cryptocurrency is currently on bearish momentum by 25.03% in the last 7 days. At 06:21 EST on Saturday, 24 April, UMA is at $21.79.
About UMA’s daily highs and lows, it’s 2.11% up from its trailing 7 days low of $21.34 and 32.66% down from its trailing 7 days high of $32.36.
Currently, UMA has 35667 Twitter followers.
As of now, on Github, there are 109 forks, 194 stars, and 20 subscribers.
UMA’s last week, last month’s, and last quarter’s current volatility was 25.95%, 25.95%, and 25.95%, respectively.
UMA’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 25.95% (last week), 25.95% (last month), and 25.95% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, UMA’s crypto is considered to be overbought (>=80).
News about Bitcoin
Scientist who says he created Bitcoin can sue mystery website. According to Bloomberg Quint on Friday, 23 April, "An Australian scientist who says he created Bitcoin won the backing of a London court to pursue the mystery owners of the bitcoin.org website for allegedly infringing his copyright over the world’s largest cryptocurrency.", "Wright is seeking a declaration that he owns the copyright to the Bitcoin white paper, according to the statement. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
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?"
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "Owners of the trust must find buyers in the secondary market if they want to sell, which can exacerbate the discount with the price of Bitcoin falling. ", "The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. "
According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."
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