Verge (XVG-USD) Cryptocurrency is currently on bearish momentum by 31.85% in the last 7 days. At 09:26 EST on Monday, 17 May, Verge (XVG-USD) is at $0.05.
Verge (XVG-USD) Range
Concerning Verge’s daily highs and lows, it’s 15.94% up from its trailing 7 days low of $0.04 and 33.75% down from its trailing 7 days high of $0.07.
Currently, Verge (XVG-USD) has 314417 Twitter followers and 54127 Reddit subscribers.
As of now, on Github, there are 393 forks, 1331 stars, and 285 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Verge’s crypto is considered to be overbought (>=80).
News about Bitcoin
Scaramucci calls Bitcoin crypto’s ‘apex predator,’ defends drop. According to Bloomberg Quint on Saturday, 15 May, "Even with growing prominence of altcoins, Bitcoin has been able to "maintain its supremacy as the apex predator in digital currency," he said.", "Dorsey was responding to a tweet from Square’s Chief Financial Officer Amrita Ahuja, who said the financial payments company’s Bitcoin strategy hasn’t changed and "we’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative."
Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, "Musk had been an outspoken supporter, but now says he’s worried that Bitcoin mining relies too much on coal. ", "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."
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "With Bitcoin well off its recent highs, Musk’s revival of the blocksize fight is just another annoyance for the community.", "Another group, which had more corporate backing at the time,wanted Bitcoin to evolve intoa platform for fast and cheap payments. "
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."
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