Ripple On Bullish Momentum: 4.79% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 07:03 EST on Saturday, 9 January, Ripple is at $0.33 and up by 4.79% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.33 and the lower value was $0.31.

Over the last twelve hours, Ripple’s higher value was $0.33 and the lower value was $0.31.

Regarding Ripple’s daily highs and lows, it’s 8.7% up from its trailing 24-hour low of $0.30 and 1.182% down from its trailing 24-hour high of $0.33.

Concerning Ripple’s yearly highs and lows, it’s 183.319% up from its 52-week low and 57.539% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 0.87%, a positive 4.99%, and a positive 0.21%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 18.66%, 18.87%, and 18.01%, respectively.

Last news about Ripple

According to Business Insider on Wednesday, 6 January, “This was not long after the SEC charged blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering, a major fall for what was formerly the third-biggest cryptocurrency by market value.”

News about Bitcoin

Bitcoin tops $35,000 to set another record as wild swings resume. According to Bloomberg Quint on Wednesday, 6 January, “More institutions and noted investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds into Bitcoin or have said they’re open to doing so.”

Bitcoin – the surge, the outlook, and the beneficiaries. According to FX Empire on Wednesday, 6 January, “A Bitcoin jump to $100,000 in 2021 would give Grayscale and its investors $57.3bn in Bitcoin investment income.”, “Finally, looking at the Bitcoin ETFs, Grayscale Bitcoin Trust reportedly holds 572,644 BTC. “

Fintech startups like revolut and luno are seeing a boom in demand from consumers rushing to invest in cryptocurrencies amid major Bitcoin interest. According to Business Insider on Wednesday, 6 January, “Revolut says the average age of a user buying cryptocurrencies on its platform is 33, while eToro says Bitcoin owners are 35 on average, and Ethereum buyers are 33.”

Bill miller says corporate cash could fuel a Bitcoin ‘torrent’. According to Bloomberg Quint on Wednesday, 6 January, “The price of Bitcoin hit a record high on Wednesday, crossing above $35,000 for the first time. “, “If inflation picks up, or even if it doesn’t, and more companies decide to diversify some small portion of their cash balances into Bitcoin instead of cash, then the current relative trickle into Bitcoin would become a torrent,” Miller of Miller Value Partners LLC wrote in a blog post published Jan. 5.”

Veteran investor bill miller flips warren buffett’s Bitcoin snub to argue crypto beats cash. According to Business Insider on Wednesday, 6 January, “The pressure on the greenback has spurred the likes of Square and MicroStrategy to shift some of their cash into Bitcoin to lessen the impact of depreciation, he said.”, “If more companies swap cash for crypto, “the current relative trickle into Bitcoin would become a torrent,” he added.”

Jump in active Bitcoin accounts nears high set before 2018 crash. According to Bloomberg Quint on Wednesday, 6 January, “With Bitcoin surging again to all-time highs, many of these anonymous accounts look to be waking up.”, “Less than 2% of accounts control 95% of all available Bitcoin supply, according to Flipside.”

Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, “Some traders pointed to JPMorgan Chase & Co.’s long-term Bitcoin price forecast of $146,000 as possibly fueling the rally. “, “Proponents of Bitcoin argue it offers a hedge against dollar weakness and the risk of faster inflation, a bit like gold, while critics decry the intellectual soundness of comparing the two assets.”

Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, “Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. “, “A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term,” the investment bank said in its latest report.”

Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, “EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F)).”

Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, “If Bitcoin keeps multiplying in value, autocallable investors don’t get to participate in that upside: they’ll just get their capital back early, plus their coupons. “, “And if Bitcoin crashes again — as it did three years ago — investors would lose, but less than they would by trading Bitcoin directly.”

Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, “It was another day of euphoria for Bitcoin boosters and the options-slinger set as virtually all their favorite things launched skyward.”, “Crypto enthusiasts, many of whom feel validated that the coin has reached these levels after years of ups and downs, celebrated on Twitter, posting pictures of fireworks and rocket-ship emojis alongside Bitcoin price charts that depict the surge.”

Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, “So there is definitely an argument to be made about Grayscale and really any other vehicle that may be removing Bitcoin from circulation and putting it into a financial product inherently increasing the scarcity of an already scarce asset,” Sonnenshein said. “, “Grayscale’s funds operate as trusts that hold growing hoards of coins such as Bitcoin that are not redeemable by investors. “

White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, “Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.”, “The potential for “upside of historic proportions” suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI.”

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”