PancakeSwap (CAKE-USD) Cryptocurrency is currently on bearish momentum by 7.35% in the last 6 hours. At 02:48 EST on Monday, 21 June, PancakeSwap (CAKE-USD) is at $14.84.
Today’s last reported volume for PancakeSwap is 213266079 which is 59.68% below its average volume of 528937704.81.
PancakeSwap’s current value is at $14.84 which is 64.93% below its all time high of $43.96 at Friday, 30 April.
PancakeSwap’s current value is at $14.84 which is 7829.55% above its all time low of $43.96 at Tuesday, 3 November.
PancakeSwap’s current market cap is at 2838715441
Currently, PancakeSwap (CAKE-USD) has 911123 Twitter followers.
PancakeSwap’s last week, last month’s, and last quarter’s current volatility was a negative 0.53%, a positive 0.06%, and a positive 7.21%, respectively.
PancakeSwap’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.14% (last week), 8.52% (last month), and 7.21% (last quarter), respectively.
Bitcoin drops as hashrate declines with China mining crackdown. According to Bloomberg Quint on Sunday, 20 June, “In addition, Edward Moya, senior market analyst at Oanda Corp., said Bitcoin was being pressured by the sudden drop by the Titan token to nearly zero — a stablecoin that had drawn even billionaire Mark Cuban. “, “According to a report in the Communist Party-backed Global Times, the closure of many Bitcoin mines in the province has resulted in more than 90% of China’s Bitcoin mining capacity being shuttered.”
Forget Bitcoin. become a millionaire this way. According to The Motley Fool on Sunday, 20 June, “Also, the future value of Bitcoin will hinge largely on how much demand there is for it, and for demand to stay strong, Bitcoin needs to become a widely accepted form of currency. “, “And if you’re thinking of adding digital coins to your portfolio, you may have your eye on Bitcoin (CRYPTO:BTC) specifically.”
Danske bank keeps Bitcoin ban despite rising client interest. According to Bloomberg Quint on Friday, 18 June, “Danske Bank A/S said it will maintain a ban preventing the trading of Bitcoin and other cryptocurrencies on its platforms, despite clear interest from clients to experiment with such assets.”, “And it listed carbon emissions from the vast computer power needed to mine Bitcoin as a further reason to adopt a “very cautious approach” toward such assets.”
Is Bitcoin an investable asset class? Goldman Sachs analysts are divided over this. According to FX Empire on Friday, 18 June, “The investment bank has changed its decisions on Bitcoin numerous times over the past few years. “, “The views from this report contradict Goldman Sachs’ May 21 report titled “Crypto: A New Asset Class?” In this report, Matthew McDermot, global head of digital assets at Goldman Sachs, classified Bitcoin as an investable asset class after its performance over the years.”
Novogratz’s galaxy provides liquidity on goldman Bitcoin futures. According to Bloomberg Quint on Friday, 18 June, “will serve as a liquidity provider on Bitcoin futures for Goldman Sachs Group Inc. as the securities firm re-enters the cryptocurrency markets.”, “Despite recent market volatility, with Bitcoin still down about 40% since an all-time-high in mid-April, Galaxy is seeing as many inbound calls, he said.”