Ripple is currently on bullish momentum. At 16:07 EST on Monday, 8 February, Ripple is at $0.45 and up by 6.26% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.45 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.45 and the lower value was $0.42.
Regarding Ripple’s daily highs and lows, it’s 8.878% up from its trailing 24-hour low of $0.41 and 0.8% down from its trailing 24-hour high of $0.45.
Concerning Ripple’s yearly highs and lows, it’s 287.837% up from its 52-week low and 41.875% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 5.05%, 5.82%, and 5.62%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 11.71%, 15.40%, and 14.10%, respectively.
Last news about Ripple
According to FX Empire on Monday, 8 February, “On the other hand, Ripple was the crypto currency, which lost value due to their owners’ regulatory problems they are facing with the SEC.”
News about Bitcoin
Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “Subscriber numbers have skyrocketed in the retail-trading craze as individuals rushed to strike it rich in everything from Tesla Inc. to Bitcoin and GameStop Corp. Bitcoin investors on its platform have more than doubled over the past year and the average age is 35, eToro said.”, “As Bitcoin prices boomed over the past year, with millions of people around the world signing up for day-trading accounts during the pandemic, it remains largely a hobby of young men. “
According to Business Insider on Friday, 5 February, “The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. “
Bill miller to allow opportunity fund to buy into Bitcoin trust. According to Bloomberg Quint on Monday, 8 February, “Miller’s fund would be prohibited from additional investing in the Grayscale trust if its aggregate Bitcoin exposure tops 15%.”, “The Miller Opportunity Trust may invest in the Grayscale Bitcoin Trust, a vehicle institutions use for Bitcoin exposure, a filing with the U.S. Securities and Exchange Commission shows. “
Bitcoin finds new momentum with prices approaching $40,000. According to Bloomberg Quint on Monday, 8 February, “After a brief dip this month, Bitcoin is climbing once again as enthusiasts tout the digital asset as a hedge against inflation and store of value in a world awash with stimulus and rampant central-bank money printing.”, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”
Bitcoin surges above $42,000 after Tesla discloses investment. According to Bloomberg Quint on Monday, 8 February, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”
Tesla bets big on Bitcoin, plans to accept cryptocurrency. According to Bloomberg Quint on Monday, 8 February, “Tesla Inc. invested $1.5 billion in Bitcoin and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a new record after the vote of confidence from the electric-car market leader.”, “The leading electric-car maker’s embrace of Bitcoin lends increased legitimacy to electronic currencies, which have become more of a mainstream asset in recent years despite skepticism from some. “
Tesla trails only microstrategy in treasury Bitcoin allocation. According to Bloomberg Quint on Monday, 8 February, “We expect to begin accepting Bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis,” Tesla said in a securities filing.”, “No other publicly-traded corporation tracked by the website holds more than $720 million of Bitcoin in its coffers.”
Crypto stocks rally with Tesla pushing Bitcoin above $44,000. According to Bloomberg Quint on Monday, 8 February, “which is led by Bitcoin advocate Jack Dorsey and which put $50 million in Bitcoin on a crypto “empowerment bet” in October, gained as much as 9.9% to a fresh record.”
Apple should create crypto exchange and buy Bitcoin, says RBC. According to Bloomberg Quint on Monday, 8 February, “While Apple’s biggest cryptocurrency opportunity would be in building an exchange, it could also consider adding Bitcoin or another digital currency to its balance sheet, RBC wrote. “, “RBC’s comments come at a time when companies have been showing more interest in Bitcoin and other cryptocurrencies. “
Crypto comes to S&P 500 via Tesla’s $1.5 billion Bitcoin bet. According to Bloomberg Quint on Monday, 8 February, “Founder Elon Musk opened a new chapter in the saga of his electric-vehicle maker with a disclosure Monday that Tesla invested $1.5 billion in Bitcoin and intends to begin accepting the cryptocurrency as a form of payment. “, “While Tesla’s Bitcoin purchase indirectly exposes S&P 500 investors to crypto, at least one knowledgeable observer doubts it would’ve kept the carmaker out of the storied index.”
Miami Mayor who backs Bitcoin wants city to hold crypto assets. According to Bloomberg Quint on Monday, 8 February, “Miami Mayor Francis Suarez said he is working on a resolution to add Bitcoin to the city’s balance sheet.”, “Suarez has been vocal about how the the city should allow certain types of Bitcoin transactions and invest in the cryptocurrency, and this resolution would mark the first concrete step. “
