Wanchain Cryptocurrency is currently on bearish momentum by 22.03% in the last 24 hours. At 03:31 EST on Friday, 23 April, Wanchain is at $1.30.

Wanchain Range

Regarding Wanchain’s daily highs and lows, it’s 1.56% up from its trailing 24 hours low of $1.28 and 24.42% down from its trailing 24 hours high of $1.72.

Social Status

Currently, Wanchain has 116928 Twitter followers and 16286 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

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "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.", "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed."

First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."

‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "It was not without its controversy," he said, adding that Thomas Peterffy, chairman of Interactive Brokers, placed a full-page ad in the Wall Street Journal decrying the move and saying words to the effect of, "Don’t let Bitcoin futures come about or the western world will end." Even Wall Street’s futures group, the Futures Industry Association, was against the idea, he said.", "It also offers a credit card with Bitcoin rewards, as well as a Bitcoin Trust that gives investors exposure without requiring actual purchases of the digital currency."

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said.", "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."

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