Ripple is currently on bullish momentum. At 16:03 EST on Sunday, 31 January, Ripple is at $0.46 and up by 16.23% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.48 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.50 and the lower value was $0.44.
About Ripple’s daily highs and lows, it’s 15.675% up from its trailing 24-hour low of $0.40 and 7.46% down from its trailing 24-hour high of $0.50.
In relation to Ripple’s yearly highs and lows, it’s 301.998% up from its 52-week low and 39.753% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 55.99%, 8.57%, and 2.76%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 74.87%, 17.18%, and 14.78%, respectively.
News about Bitcoin
Microstrategy bond buyers rewarded with ‘win-tie’ Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, “For the bond investor, however, there’s certain level of comfort in a Bitcoin play backed by debt: If they don’t trade out of it or convert the securities to stock, they’ll get paid back when the notes mature, assuming the company remains operational.”, “To outsiders, the offering seemed “strange” or “a head-slapping moment.” Mature, cash-flow-generating companies rarely tap this corner of capital markets, especially for the risky purpose of funding Bitcoin purchases. “
Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “Bridgewater Associates founder Ray Dalio said Bitcoin is “one hell of an invention” and he’s considering cryptocurrencies as investments for new funds offering clients protection against the debasement of fiat money.”, “Dalio said he thinks of Bitcoin as a “long-duration option on a highly unknown future” and investing in it means recognizing the potential to lose about 80%.”
Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”
Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”
Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”
What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “Unlike the foreign exchange trading programs, which allow inexperienced investors to apply large leverage to trading currencies, your losses with Bitcoin are limited to your initial stake. “, “Whether you believe Bitcoin is inherently worthlessor could eventually head for $650,000, there is little doubt that it has become an asset class of great interest to investors (though perhaps for different reasons than the financial world’s latest obsession: GameStop).”
Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”
‘trillion dollar’ mt. gox demise as told by a Bitcoin insider. According to Bloomberg Quint on Sunday, 31 January, “Gox seems even more important, as the loss of over 850,000 Bitcoin in 2014 was perhaps the closest the digital currency came to dying. “, “CoinLab Inc., which Vessenes co-founded, is working with MGIFLP, a unit of Fortress Investment Group LLC, to allow creditors to consider an offer of as much as 90% of the remaining Bitcoin tied up in the bankruptcy.”