Wanchain Cryptocurrency is currently on bearish momentum by 13.33% in the last 6 hours. At 19:34 EST on Thursday, 22 April, Wanchain is at $1.50.
Currently, Wanchain has 116928 Twitter followers and 16285 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
‘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.", "Giancarlo, 61, headed the CFTC when the Chicago Board Options Exchange and CME Group Inc. first offered Bitcoin futures contracts. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "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."
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?"
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