yearn.finance (yfi-usd) Cryptocurrency is currently on bullish momentum by 45.36% in the last 14 days. At 10:25 EST on Saturday, 15 May, yearn.finance (yfi-usd) is at $71,089.00.
yearn.finance (yfi-usd) Range
Regarding yearn.finance’s daily highs and lows, it’s 49.12% up from its trailing 14 days low of $47,672.00 and 19.43% down from its trailing 14 days high of $88,235.00.
Currently, yearn.finance (yfi-usd) has 116864 Twitter followers and 5528 Reddit subscribers.
As of now, on Github, there are 88 forks, 48 stars, and 12 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, yearn.finance’s crypto is considered to be oversold (<=20).
News about Bitcoin
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."
Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "Bitcoin plunged as much as 15%, sinking to as low as $46,045 after Musk said he was worried over the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions," and suspended Tesla purchases with the asset, indicating he might favor other cryptocurrencies with much lower energy usage.", "Musk said in his post that Tesla wouldn’t be selling any Bitcoin and aimed to use it for transactions once mining shifted to a more sustainable energy. "
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "We think the news is overblown and wouldn’t be surprised if Tesla is signaling plans to make crypto ‘greener.’" In a note Wednesday, Grider said Bitcoin has been consolidating for months as its market dominance has waned, but he’s still bullish, with a target of $100,000.", "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."
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. ", "There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains," he said."
More news about yearn.finance (yfi-usd).