WINkLink (win-usd) Cryptocurrency is currently on bearish momentum by 28.29% in the last 7 days. At 05:27 EST on Friday, 14 May, WINkLink (win-usd) is at $0.00.
Currently, WINkLink (win-usd) has 19309 Twitter followers and 12376 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, WINkLink’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, "In addition to Bitcoin selling off, we’re seeing tech get hammered (down 2%) and the real speculative stuff like the ARKK exchange-traded fund down over 3%. ", "Of course, gold, highly speculative tech, and Bitcoin all have something in common, which is that they don’t generate cash flow in the here and now. "
SEC warns of Bitcoin futures risks in mutual fund investments. According to Bloomberg Quint on Tuesday, 11 May, "His early comments have thrown cold water on speculation that the SEC would quickly approve a Bitcoin exchange-traded fund. ", "On Tuesday, the SEC said it would "consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs." The agency also said staff would:"
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "Broadly it’s a bit surprising given Tesla bought Bitcoin for their treasury in January and the argument is the same whether you’re using Bitcoin as a store of value or for transactional purposes," said Vijay Ayyar, head of Asia-Pacific at Luno Pte., in an email. ", "Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc. and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns."
Bitcoin falls below $50,000 as musk calls energy use ‘insane’. According to Bloomberg Quint on Thursday, 13 May, "Musk’s decision in February to buy $1.5 billion in Bitcoin and plan to accept it as a form of payment has been a major catalyst in the crypto bull market. "
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