Theta Network (THETA-USD) Cryptocurrency is currently on bearish momentum by 21.31% in the last 24 hours. At 11:44 EST on Friday, 21 May, Theta Network (THETA-USD) is at $6.36.
Social Status
Currently, Theta Network (THETA-USD) has 160852 Twitter followers and 17368 Reddit subscribers.
As of now, on Github, there are 45 forks, 217 stars, and 42 subscribers.
Volatility
Theta Network’s last week, last month’s, and last quarter’s current volatility was a negative 5.43%, a negative 1.27%, and a positive 6.36%, respectively.
Theta Network’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.13% (last week), 6.97% (last month), and 6.36% (last quarter), respectively.
News about Bitcoin
Microstrategy builds up Bitcoin cache by $10 million. According to Bloomberg Quint on Tuesday, 18 May, “The Tysons Corner, Virginia-based company run by Saylor is one of a handful to put Bitcoin on their balance sheets. “, “MicroStrategy’s disclosure comes amid a swoon in crypto prices largely brought on by Twitter posts from Elon Musk, whose electric-vehicle firm Tesla Inc. purchased Bitcoin earlier this year. “
Crypto ‘recipe for disaster’ keeps Bitcoin, ether under pressure. According to Bloomberg Quint on Thursday, 20 May, “If Bitcoin closes under $40,000 this evening, we will see another leg lower and a probable retest of $30,000 again.”, “A period of relative calm will flush out more dip buyers, but Bitcoin looks like a dead-cat bounce, especially when one looks at the underperformance of the other alt-coins late-session rally,” said Jeffrey Halley, senior market analyst at Oanda Asia Pacific Pte. “
Bitcoin chartists see selloff intensifying with $40,000 in focus. According to Bloomberg Quint on Tuesday, 18 May, “The momentum has now quite decisively shifted to the bears,” said Tallbacken Capital Advisors LLC Chief Executive Officer Michael Purves, who correctly predicted last month that Bitcoin would decline.”, “If Bitcoin breaks through that level, more losses are ahead, but if prices can hold above the support, then it might be the beginning of a new rally, Purves predicted.”
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