IOTA Cryptocurrency is currently on bearish momentum by 28.86% in the last 7 days. At 06:05 EST on Sunday, 25 April, IOTA is at $1.67.
About IOTA’s daily highs and lows, it’s 5.03% up from its trailing 7 days low of $1.59 and 31.56% down from its trailing 7 days high of $2.44.
Currently, IOTA has 173936 Twitter followers and 129728 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IOTA’s crypto is considered to be overbought (>=80).
News about Bitcoin
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. “
Power transaction: Bitcoin whales move over $6b worth of crypto in A day. According to Business Insider on Saturday, 24 April, “Scott Minerd,the chief investment officer at Guggenheim Partners, a financial services firm managingover $310 billion,believesthat Bitcoin could go as low as $20,000.”, “According to CoinMarketCapdata, Bitcoin is fluctuating around $50,000 at press time. “
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, “Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East.”, “Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue,” he said.”
Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, ripple’s co-founder says. According to Business Insider on Saturday, 24 April, “I know this is a bold proposal, but it is worth a serious discussion given what the world looks like today (in comparison to when Bitcoin was launched in 2009),” Larsen said. “, “I would argue that such a change is critically important for Bitcoin to remain the world’s dominant cryptocurrency.”
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