Ripple On Bearish Momentum: 7.02% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 18:05 EST on Friday, 15 January, Ripple is at $0.28 and down by 7.02% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.28 and the lower value was $0.27.

Over the last twelve hours, Ripple’s higher value was $0.29 and the lower value was $0.27.

Concerning Ripple’s daily highs and lows, it’s 2.407% up from its trailing 24-hour low of $0.27 and 7.833% down from its trailing 24-hour high of $0.30.

Concerning Ripple’s yearly highs and lows, it’s 140.226% up from its 52-week low and 63.997% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 3.45%, a negative 1.72%, and a positive 0.24%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 8.48%, 14.79%, and 18.84%, respectively.

Last news about Ripple

According to Business Insider on Tuesday, 12 January, “It has partnered with over 2,500 premium media such as: Korea – MBC, SBS, Chosun Ilbo, Taiwan – ET Today, LTN, Now News, Indonesia – Liputan6, Tempo, Suara, Vietnam – Thanh Niên, Saostar, Bongda, Malaysia – Ripple Media, Nanyang, Malaysiakini.”, “It provides services to Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia through partnerships with over 2,500 global premium media including MBC, KBS, Ettoday, NOWnews, Liputan6, Suara, Thanhnien, Bongda, Ripple Media and Nanyang Siang Pau.”

According to Business Insider on Thursday, 14 January, “The decision comes in the wake of the United States Securities and Exchange Commission filing a lawsuit against XRP linked company Ripple Labs, as per a statement. “

According to Bloomberg Quint on Friday, 15 January, “In December, the agency filed a lawsuit against Ripple Labs Inc. for issuing more than $1 billion in unregistered tokens XRP. “

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, “Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. “, “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.”

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, “In 2017, James Howells, an IT worker living in the United Kingdom, lost the physical drive where he stored 7,500 Bitcoin that he mined in 2009 after mistakenly throwing it in a waste bin in 2013, The Telegraph reported. “, “Bitcoin owners have accidentally lost their passwords or thrown out the hard drives storing their Bitcoin ever since it was introduced in 2009.”

Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “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.”, “Taking some profits off the table after an asset — any asset, not only Bitcoin — doubles in value within three weeks is completely understandable,” said Julius de Kempenaer, senior technical analyst at StockCharts.”

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, “Instead of considering each individual spike and fall as a discrete bubble, there may be more merit in the argument that this volatility is simply part of the price discovery in a new asset class, and that these are not bubbles, but part of a not-so-random walk that will eventually dwindle to give Bitcoin more stability, and ultimately, legitimacy,” the analysts wrote.”, “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.”

Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “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.”, “In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. “

Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, “See Also: Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know”, “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.”

Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, “As the number of cryptocurrencies and tokens continues to multiply — they now reach into the thousands — Bitcoin remains the best-known, time-tested and valuable. “, “Now investors can buy or sell Bitcoin futures, and soon may be able to buy Bitcoin exchange-traded funds, once regulators feel comfortable with the idea. “

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, “Its Bitcoin trust, which is known by its ticker GBTC, saw average weekly investments of around $217 million during that stretch.”, “Crypto peers, including Bitcoin Cash and Litecoin, also surged, each adding at least 7%.”

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. “, “The relationship between Tether and Bitcoin is a matter of hot debate in the crypto world, and some market participants argue that the correlation between the two coins doesn’t indicate anything nefarious.”

Liquidators want more power to probe south african Bitcoin trader. According to Bloomberg Quint on Friday, 15 January, “Thus no definitive answer currently exists as to how much Bitcoin was actually invested, but is in the region of 23,000 plus.”, “There were no proper accounting records and Bitcoin was transferred in and out,” Brandon Topham, the FSCA’s divisional executive for enforcement said. “

Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, “The worth of Bitcoin in the two companies are $76 million and $620 million, respectively. “, “Many people see Bitcoin and cryptocurrency to be the future of most of the transactions. “

Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, “I think Bitcoin is real, has further to run, and the recent selloff was probably profit taking,” said Gregory Perdon, co-chief investment officer at Arbuthnot Latham in London. “, “The massive gains in Bitcoin recently have renewed the debate over whether it’s a real asset class or a speculative bubble. “

Bitcoin fee wars erupt as upstart targets grayscale’s billions. According to Bloomberg Quint on Friday, 15 January, “The Osprey website touts OBTC as a way to get “exposure to Bitcoin in a qualified IRA or brokerage account.”, “We’re committed to a low-cost product and to best-in-class service providers and we’re excited to offer investors a new alternative in the exchange-traded Bitcoin fund space,” King said in an interview.”

Coinlab reaches deal with mt. gox trustee over Bitcoin claims. According to Bloomberg Quint on Friday, 15 January, “Gox bankruptcy, and MGIFLP, a unit of Fortress Investment Group LLC, will allow creditors to consider an offer of as much as 90% of the remaining Bitcoin tied up in the bankruptcy.”, “CoinLab was co-founded in 2012 by Peter Vessenes, who also co-founded the Bitcoin Foundation and has provided security auditing for blockchain networks since about 2015, including on Ethereum. “