Ripple is currently on bullish momentum. At 10:04 EST on Thursday, 11 February, Ripple is at $0.52 and up by 8.11% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.52 and the lower value was $0.51.
Over the last twelve hours, Ripple’s higher value was $0.52 and the lower value was $0.51.
Regarding Ripple’s daily highs and lows, it’s 9.167% up from its trailing 24-hour low of $0.48 and 0.769% up from its trailing 24-hour high of $0.52.
Regarding Ripple’s yearly highs and lows, it’s 355.256% up from its 52-week low and 31.771% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 6.65%, 5.85%, and 6.11%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 14.61%, 12.29%, and 13.45%, 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
Bill miller to allow opportunity fund to buy into Bitcoin trust. According to Bloomberg Quint on Monday, 8 February, “Famed fund manager Bill Miller extended his endorsement of Bitcoin by reserving the right for one of his portfolios to indirectly invest in the largest cryptocurrency.”, “The Friday filing pointed out that currently “there is relatively small use of Bitcoin in the retail and commercial marketplace in comparison to the relatively large use of Bitcoin by speculators,” leading to price volatility.”
Bitcoin finds new momentum with prices approaching $40,000. 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.”, “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.”
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, “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 the securities filing.”, “Musk has often tweeted about cryptocurrency-related topics and earlier this month called Bitcoin “a good thing” in an interview. “
Tesla trails only microstrategy in treasury Bitcoin allocation. According to Bloomberg Quint on Monday, 8 February, “Tesla Inc.’s announcement that it invested $1.5 billion in Bitcoin has made the electric automaker the second largest publicly-traded corporate holder of the digital currency, according to data from bitcointreasuries.org.”, “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, “RBC’s comments come at a time when companies have been showing more interest in Bitcoin and other cryptocurrencies. “, “That helped send Bitcoin prices up as much as 16%, cresting $44,000 and hitting a record.”
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. “
Novogratz sees Bitcoin at $100,000, ‘every’ company adopting. According to Bloomberg Quint on Monday, 8 February, “One of the things that connect Bitcoin, and Tesla and solar stocks and ESG investing is millennials and Gen Z, young people are buying into the future, and they see cryptocurrencies — Bitcoin and other cryptos — as their currencies,” he said.”, “Between corporations adding Bitcoin to treasury funds and the city of Miami also considering adding the cryptocurrency to its balance sheet, “It doesn’t have to be a lot. “
Bitcoin is the scarcest asset, microstrategy CEO saylor says. According to Bloomberg Quint on Monday, 8 February, “Once people start thinking about what they want, which is a non-sovereign, safe-haven store of value, they’re going to realize that Bitcoin does the job of gold better, and you’re seeing all of the institutional flows move out of gold into Bitcoin.”, “Gold will lose out to Bitcoin in reallocations, Saylor added.”If we bought gold instead of Bitcoin, we would be down $2 billion. “
Bitcoin surges past $47,000 for first time after Tesla purchase. According to Bloomberg Quint on Tuesday, 9 February, “A rally was also evident in Bitcoin futures, suggesting shorts are throwing in the towel and signaling traders won’t fight the crypto advance. “
Tesla boots the Bitcoin bandwagon closer to corporate america. According to Bloomberg Quint on Tuesday, 9 February, “And while Tesla announced plans to accept Bitcoin for purchases, hardly anyone uses the cryptocurrency for anything beyond speculation. “, “Tesla Inc.’s purchase of $1.5 billion in Bitcoin may have forced cryptocurrencies onto the agenda of corporate treasurers worldwide.”
The possible xinjiang coal link in Tesla’s Bitcoin binge. According to Bloomberg Quint on Tuesday, 9 February, “There’s a pretty good chance that any new Bitcoin generated after the cryptocurrency’s Elon Musk-aided surge toward $50,000 will be sourced using cheap coal power in China’s Xinjiang.”
Elon Musk’s Bitcoin bet is a bean counter’s nightmare. According to Bloomberg Quint on Tuesday, 9 February, “Business analytics company MicroStrategy Inc. had invested a whopping $1.1 billion in Bitcoin as of Dec.31. “, “In plain English, if the price of Bitcoin price suddenly fell by, say, a third compared to the Tesla’scost acquiring it -prettyplausible in the context of Bitcoin’s historic volatility -then the carmaker’s GAAP earnings would be short $500 million during that quarter. “
According to Business Insider on Tuesday, 9 February, “Once people start thinking about what they want, which is a non-sovereign, safe-haven store of value, they’re going to realize that Bitcoin does the job of gold better, and you’re seeing all of the institutional flows move out of gold into Bitcoin,” Saylor concluded.”, “The conference was meant to help corporate executives learn about the benefits of adopting Bitcoin in their portfolios.”
JPMorgan sees Tesla Bitcoin bet as too bold for others to follow. According to Bloomberg Quint on Tuesday, 9 February, “Tesla disclosed Monday it invested $1.5 billion in Bitcoin and intends to begin accepting the cryptocurrency as a form of payment. “, “Following the announcement, longtime crypto investor Mike Novogratz suggested soon “every company in America” would accept Bitcoin as payment.”
Reddit user who leaked Tesla’s Bitcoin investment news was just high. According to Business Insider on Wednesday, 10 February, “A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ:TSLA) investment in Bitcoin (BTC) has confirmed that the information he made public on Jan. 2 was not true, the New York Post reported Tuesday.”, “What Happened: After Tesla made its Bitcoin investment announcement on Monday, attention turned to the Reddit post by the user TSLAInsider made five-weeks prior.”
Why a U.S. Bitcoin ETF could be a real thing in 2021. According to Bloomberg Quint on Wednesday, 10 February, “The largest Bitcoin ETP — the $1.7 billion Bitcoin Tracker EUR, listed on the Stockholm Stock Exchange — invests in swap contracts to mirror the cryptocurrency’s returns. “, “An exchange-traded fund might appeal, except an investor won’t find one tracking Bitcoin in the $5.8 trillion U.S. ETF universe — at least not yet. “
Bitcoin declines in the wake of Tesla-inspired euphoria. According to Bloomberg Quint on Wednesday, 10 February, “While Bitcoin is gaining traction among big league financial players like Elon Musk — who announced Monday that Tesla added the token to its balance sheet — Wednesday’s losses underscore the speculative and volatile nature of the coin. “
Bitcoin is red hot. can it ever be green?. According to Bloomberg Quint on Wednesday, 10 February, “China’s share of Bitcoin’s monthly hash-rate was down 10 percentage points to 65% in the second quarter of 2020, compared to the third quarter of 2019, according to the Cambridge Bitcoin Electricity Consumption Index. “, “A growing number of environmentalists see Bitcoin as a giant waste of resources and a driver of climate change. “
Bitcoin is not ready to go mainstream for these 3 reasons, the world’s largest wealth manager warns. According to Business Insider on Wednesday, 10 February, “Although Tesla might start using Bitcoin as a payment mechanism, this is different from actually pricing products in Bitcoin or retaining the Bitcoin received, actions that would be more consistent with mainstreaming it as a currency,” Haefele said.”, “Crypto mining and management can contribute to carbon emissions without improving living standards, since individuals or teams use computing power and specialized software to produce Bitcoin and Ethereum. “
Bitcoin holds gains from Tesla as Mastercard, twitter weigh in. According to Bloomberg Quint on Thursday, 11 February, “Even before announcing Tesla’s bet on Bitcoin, Musk said he was a supporter of Bitcoin on a social audio app and made multiple tongue-in-cheek references on Twitter to Dogecoin — a Shiba Inu-themed crypto started as a joke — sending prices soaring.”, “The unverified Twitter account “Wallstreetbets mod” posted a call to buy Bitcoin and marijuana stocks.”