Monero Cryptocurrency is currently on bullish momentum by 16.62% in the last 24 hours. At 18:25 EST on Saturday, 24 April, Monero is at $392.93.
Social Status
Currently, Monero has 393754 Twitter followers and 212926 Reddit subscribers.
As of now, on Github, there are 2834 forks, 5699 stars, and 486 subscribers.
Volatility
Monero’s last week, last month’s, and last quarter’s current volatility was 261.99%, 261.99%, and 261.99%, respectively.
Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 261.99% (last week), 261.99% (last month), and 261.99% (last quarter), respectively.
News about Bitcoin
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.”, “The $321 million transaction transferred 6,000 Bitcoin from the custodian’s wallet, 251 Bitcoin ($12.5 million)were sentto an unknown wallet that received and later moved over 306,000 Bitcoin over its brief year of activity.”
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, “There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. “, “If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?”
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, “The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. “, “That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg.”
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 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.”
More news about Monero.