Velas Cryptocurrency is currently on bearish momentum by 16.96% in the last 24 hours. At 08:26 EST on Friday, 23 April, Velas is at $0.13.

Velas Range

Regarding Velas’s daily highs and lows, it’s 4.19% up from its trailing 24 hours low of $0.12 and 16.65% down from its trailing 24 hours high of $0.15.

Social Status

Currently, Velas has 18663 Twitter followers and 114 Reddit subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Velas’s crypto is considered to be overbought (>=80).

News about Bitcoin

38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "

‘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.", "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%."

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?"

More news about Velas.

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