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Monero Cryptocurrency Bullish By 40% In The Last 14 Days

Monero Cryptocurrency is currently on bullish momentum by 40.77% in the last 14 days. At 16:26 EST on Thursday, 15 April, Monero is at $347.26.

Social Status

Currently, Monero has 387257 Twitter followers and 210269 Reddit subscribers.

As of now, on Github, there are 2747 forks, 5649 stars, and 486 subscribers.

Volatility

Monero’s last week, last month’s, and last quarter’s current volatility was 229.18%, 229.18%, and 229.18%, 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 229.18% (last week), 229.18% (last month), and 229.18% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Monero’s crypto is considered to be oversold (<=20).

News about Bitcoin

Microstrategy pivots to Bitcoin payouts for board of directors. According to Bloomberg Quint on Monday, 12 April, “The move is the software-analytics developer’s “commitment to Bitcoin given its ability to serve as a store of value,” the Tysons Corner, Virginia-based company said in a filing.”, “Compensation fees for each board member will be based in U.S. dollars and will be converted into Bitcoin during the time of payment. “

Bitcoin extends all-time high as traders eye coinbase listing. According to Bloomberg Quint on Tuesday, 13 April, “The lowest 30-day volatility since October tells us Bitcoin is ripe to exit its cage and continue in a bull-market on its way to the next $10,000 move,” according to Mike McGlone, Bloomberg Intelligence commodities strategist. “, “Isabel Schnabel, member of the executive board of the European Central Bank, called Bitcoin “a speculative asset without any recognizable fundamental value” in an interview with Der Spiegel this month.”

Bitcoin power consumption jumped 66-fold since 2015, citi says. According to Bloomberg Quint on Tuesday, 13 April, “As the value of Bitcoin rises, so should its energy consumption,” Citigroup Inc. analysts said in the report.”, “As of mid-April, global power demand by the Bitcoin network probably reached an annualized 143 terawatt-hours, about 4% higher than Argentina’s total electricity generation in 2019, the report said, citing numbers from the Cambridge University Center for Alternative Finance.”