Wanchain Cryptocurrency is currently on bearish momentum by 36.12% in the last 7 days. At 21:28 EST on Thursday, 22 April, Wanchain is at $1.44.
Currently, Wanchain has 116928 Twitter followers and 16288 Reddit subscribers.
As of now, on Github, there are 80 forks, 275 stars, and 71 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Wanchain’s crypto is considered to be overbought (>=80).
News about Bitcoin
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?"
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. ", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said."
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