WAX (WAXP-USD) Cryptocurrency is currently on bearish momentum by 14.21% in the last 6 hours. At 22:25 EST on Sunday, 16 May, WAX (WAXP-USD) is at $0.17.
WAX (WAXP-USD) Range
About WAX’s daily highs and lows, it’s 0.05% down from its trailing 6 hours low of $0.17 and 10.57% down from its trailing 6 hours high of $0.19.
Currently, WAX (WAXP-USD) has 87345 Twitter followers and 4353 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, WAX’s crypto is considered to be overbought (>=80).
News about Bitcoin
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."
Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, "Though he underpinned his belief that cryptocurrencies still have a future, Musk’s comments this week triggered a sudden Bitcoin selloff. ", "Kjell Inge Rokke, who started out as a fisherman to build a roughly $5 billion fortune in Norway’s offshore industry, has already revealed his belief that Bitcoin will be "on the right side of history." Now Aker ASA, Rokke’s industrial investment company, says it’s open to the idea of accepting payment in the cryptocurrency."
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "Already Bitcoin has been treading water, withmuch of the fascination migrating towards memecoins or "DeFi" which has been more active on ETH and other competing chains. ", "Earlier this year, when Tesla added Bitcoin to its balance sheet, CEO Elon Musk became an instant hero in the cryptocurrency’s community. "
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