Ripple is currently on bullish momentum. At 23:05 EST on Monday, 8 February, Ripple is at $0.46 and up by 9.76% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.46 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.46 and the lower value was $0.44.
Regarding Ripple’s daily highs and lows, it’s 9.738% up from its trailing 24-hour low of $0.42 and 0.196% up from its trailing 24-hour high of $0.46.
Regarding Ripple’s yearly highs and lows, it’s 300.434% up from its 52-week low and 39.987% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 7.11%, 5.15%, and 5.83%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 11.44%, 12.99%, and 13.86%, 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, “Miller’s fund would be prohibited from additional investing in the Grayscale trust if its aggregate Bitcoin exposure tops 15%.”, “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.”
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.”, “This suggests that Bitcoin available to buy remains scarce despite record prices,” wrote Philip Gradwell, chief economist at the blockchain research firm.”
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.”, “The Palo Alto, California-based manufacturer said in a filing Monday it made the bet on Bitcoin after updating its investment policy last month to allow the company to invest in digital assets as well as gold bullion and gold exchange-traded funds.”
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.”, “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.”
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. “, “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. “
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, “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. “, “Michael Novogratz, the founder of cryptocurrency investment firm Galaxy Digital, sees Bitcoin more than doubling to $100,000 by the end of the year, spurred higher as more companies allow customers to use the token to make purchases.”
Bitcoin is the scarcest asset, microstrategy CEO saylor says. According to Bloomberg Quint on Monday, 8 February, “Musk has flirted with Bitcoin for years and in December posted on Twitter a suggestive image indicating he was tempted by the token. “, “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. “