Ethereum is currently on bearish momentum. At 11:05 EST on Friday, 15 January, Ethereum is at $1,137.46 and down by 8.5% in the last 6 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $1,234.14 and the lower value was $1,137.46.
Over the last twelve hours, Ethereum’s higher value was $1,234.14 and the lower value was $1,137.46.
In relation to Ethereum’s daily highs, it’s 7.884% down from its trailing 24-hour high of $1,234.81
In relation to Ethereum’s yearly highs and lows, it’s 1095.062% up from its 52-week low and 15.614% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was 7.76%, 0.34%, and 2.67%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 13.82%, 17.04%, and 11.42%, respectively.
Last news about Ethereum
According to FX Empire on Wednesday, 13 January, “Chainlink (-4.13%), Ethereum (-3.56%), and Litecoin (-4.28%) joined Bitcoin in the red.”
According to Business Insider on Thursday, 14 January, “What Happened: Bitcoin (BTC) was up 10.01% at press time at $37,330.57 while Ethereum (ETH) rallied 5.48% higher at $1,105.77.”, “On the same day, Grayscale Ethereum Trust (OTC:ETHE) closed 1.75% higher at $13.40.”
News about Bitcoin
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “As long as the world is flooded with money and safe assets offer poor compensation, Bitcoin will be relevant,” Howard Wang, co-founder of Convoy Investments LLC, wrote in a Jan. 10 note. “, “Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.”
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.”
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, “More institutions and notable investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds to Bitcoin or have said they’re open to doing so.”, “They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. “
Bitcoin historian elias ahonen publishes 2nd book, a 500-page ‘history of cryptocurrency’. According to Business Insider on Tuesday, 12 January, “The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. “, “This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. “
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, “Around 20% of the existing 18.5 million Bitcoin – worth a total of $140 billion – are in stranded wallets, according to the cryptocurrency data firm Chainalysis, The New York Times reported on Tuesday.”, “With Bitcoin prices increasing by over 50% since it reached its all-time high of $20,000 last month, those locked out of their cryptocurrency wallets are becoming desperate as they calculate how much wealth they would gain if only they remembered their passwords.”
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “They also test recent narratives, such as the argument that Bitcoin is maturing into a hedge against dollar weakness and inflation risk, and attracting longer term investors.”, “An alternative view is that fast money seeking rapid gains helped to propel the quadrupling in Bitcoin over the past year, leaving the rally exposed to the risk of such investors pulling out as momentum wanes.”
New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, “Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. “
Bitcoin will break wall street’s heart. According to The Wall Street Journal on Wednesday, 13 January, “Grayscale’s flagship Bitcoin Trust had assets under management of $1.9 billion at the start of 2020, $4.7 billion by the end of September and $21.1 billion as of Tuesday.”
Bitcoin, blackouts and smog are exacerbating iran’s virus woes. According to Bloomberg Quint on Wednesday, 13 January, “The outages have been compounded by the mining of Bitcoin and other cryptocurrencies, which uses banks of high-powered computers to verify the legitimacy of transactions and create units of digital coin, government officials have said.”, “A spokesman for the country’s electricity industry apologized for the shutdowns on state TV and said power supplies to Bitcoin miners and industry have been strictly limited to meet domestic needs.”
Bitcoin is unlike any other bubble we’ve seen so far. According to Bloomberg Quint on Wednesday, 13 January, “Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out.”, “Every time a Bitcoin bubble bursts, another grows back to replace it,” Man Group’s analysts wrote in a note dated Jan. 12. “
Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. “, “Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday.”
Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, “Most other major altcoins followed the lead of the apex cryptocurrency with Litecoin (LTC) higher by 8.27% at $145.98 and Bitcoin Cash (BCH) up by 3.5% at $491.10.”, “See Also: Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know”
Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, “At their core, Bitcoin and its imitators are sets of software protocols for generating digital tokens and for tracking transactions in a way that makes it hard to counterfeit or re-use tokens. “, “Over the past few years, Bitcoin has also developed a more substantial financial infrastructure. “
According to CNBC on Thursday, 14 January, “Grayscale’s Bitcoin Trust became a popular, publicly traded way for investors to get exposure to cryptocurrency without owning the coins themselves. “, “At the same time as $3 billion flowed into the Grayscale Bitcoin Trust since mid-October, gold ETFs lost $7 billion, according to JPMorgan. “
Bitcoin frenzy drives 900% surge in assets for crypto investment firm grayscale. According to Business Insider on Thursday, 14 January, “Grayscale’s Bitcoin Trust garnered the bulk of the inflows, surging to $17.5 billion from $1.8 billion in assets under management as the popular cryptocurrency’s price rocketed higher. “, “A cascade of Grayscale Bitcoin Trust outflows and a collapse of its premium would likely have negative near-term implications for bitcoin,” they added in a note to clients.”
Bitcoin claws back most of losses from this week’s swift plunge. According to Bloomberg Quint on Thursday, 14 January, “Grayscale, which is behind a popular Bitcoin trust, has seen an uptick in demand. “, “Its Bitcoin trust, which is known by its ticker GBTC, saw average weekly investments of around $217 million during that stretch.”
Research affiliates quant warns of Bitcoin market manipulation. According to Bloomberg Quint on Thursday, 14 January, “A 2019 report by finance professors John Griffin at University of Texas at Austin and Amin Shams of Ohio State University — titled “Is Bitcoin Really Un-Tethered?” — points to patterns between Bitcoin’s price and issuance of Tether. “, “In 2017, Alex Pickard had made so much money from Bitcoin that he quit his job in finance and moved to Washington state to mine digital coins full time. “
Liquidators want more power to probe south african Bitcoin trader. According to Bloomberg Quint on Friday, 15 January, “The investigation into a failed South African Bitcoin trader is deepening as provisional liquidators appointed to seize control of Mirror Trading International seek to widen the scope of their inquiry.”, “MTI, which said in November it has more than 260,000 members, was placed under provisional liquidation last month — allegedly holding Bitcoin worth almost $880 million. “
Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, “On October 8, 2020, Square financed $50 million in cryptocurrency and Bitcoin which is 1% of the total assets of the company. “, “Then, the user can start off with live trading on the Bitcoin Bank trading platform.”
Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, “The massive gains in Bitcoin recently have renewed the debate over whether it’s a real asset class or a speculative bubble. “, “Critics, on the other hand, argue that Bitcoin is another symptom of market froth, with prices prone to manipulation.”