IOTA Cryptocurrency is currently on bearish momentum by 29.32% in the last 7 days. At 05:05 EST on Saturday, 24 April, IOTA is at $1.78.
Concerning IOTA’s daily highs and lows, it’s 11.95% up from its trailing 7 days low of $1.59 and 29.37% down from its trailing 7 days high of $2.52.
Currently, IOTA has 173536 Twitter followers and 129644 Reddit subscribers.
News about Bitcoin
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, “GBTC has also faced increased competition from Canada, which has approved Bitcoin ETFs while U.S. regulators continue to consider applications.”, “Still, that’s likely of little comfort to many of the other GBTC investors who bought the trust at a premium during the height of the Bitcoin mania.”
Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, “The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. “
Scientist who says he created Bitcoin can sue mystery website. According to Bloomberg Quint on Friday, 23 April, “An Australian scientist who says he created Bitcoin won the backing of a London court to pursue the mystery owners of the bitcoin.org website for allegedly infringing his copyright over the world’s largest cryptocurrency.”, “Wright is seeking a declaration that he owns the copyright to the Bitcoin white paper, according to the statement. “
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, “Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins,” said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.”, “This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.”
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