Ethereum On Bullish Momentum: 4.55% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 20:03 EST on Friday, 15 January, Ethereum is at $1,189.62 and up by 4.55% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,189.62 and the lower value was $1,136.39.

Over the last twelve hours, Ethereum’s higher value was $1,216.92 and the lower value was $1,136.39.

About Ethereum’s daily highs and lows, it’s 4.684% up from its trailing 24-hour low of $1,136.39 and 3.607% down from its trailing 24-hour high of $1,234.14.

About Ethereum’s yearly highs and lows, it’s 1149.863% up from its 52-week low and 11.745% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 7.76%, 0.34%, and 2.67%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 13.82%, 17.04%, and 11.42%, respectively.

Last news about Ethereum

According to FX Empire on Wednesday, 13 January, “Chainlink (-4.13%), Ethereum (-3.56%), and Litecoin (-4.28%) joined Bitcoin in the red.”

According to Business Insider on Thursday, 14 January, “What Happened: Bitcoin (BTC) was up 10.01% at press time at $37,330.57 while Ethereum (ETH) rallied 5.48% higher at $1,105.77.”, “On the same day, Grayscale Ethereum Trust (OTC:ETHE) closed 1.75% higher at $13.40.”

News about Bitcoin

Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “Taking some profits off the table after an asset — any asset, not only Bitcoin — doubles in value within three weeks is completely understandable,” said Julius de Kempenaer, senior technical analyst at StockCharts.”, “An alternative view is that fast money seeking rapid gains helped to propel the quadrupling in Bitcoin over the past year, leaving the rally exposed to the risk of such investors pulling out as momentum wanes.”

New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, “Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. “

Bitcoin will break wall street’s heart. According to The Wall Street Journal on Wednesday, 13 January, “Grayscale’s flagship Bitcoin Trust had assets under management of $1.9 billion at the start of 2020, $4.7 billion by the end of September and $21.1 billion as of Tuesday.”

Bitcoin, blackouts and smog are exacerbating iran’s virus woes. According to Bloomberg Quint on Wednesday, 13 January, “The outages have been compounded by the mining of Bitcoin and other cryptocurrencies, which uses banks of high-powered computers to verify the legitimacy of transactions and create units of digital coin, government officials have said.”, “A spokesman for the country’s electricity industry apologized for the shutdowns on state TV and said power supplies to Bitcoin miners and industry have been strictly limited to meet domestic needs.”

Bitcoin is unlike any other bubble we’ve seen so far. According to Bloomberg Quint on Wednesday, 13 January, “This very frequency makes the Bitcoin narrative somewhat atypical relative to the great bubbles of the past.”, “While the jury is still out on whether Bitcoin is a bubble, one thing is certain: it’s unlike any other bubble we’ve seen.”

Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. “, “Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday.”

Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, “See Also: Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know”, “See also: Bitcoin Hype-To-Activity Ratio: What That Tells Us About The Latest Rally”

Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, “There’s also more discussion of Bitcoin as a legitimate hedge against inflation risk and any weakness in the U.S. dollar.”, “At their core, Bitcoin and its imitators are sets of software protocols for generating digital tokens and for tracking transactions in a way that makes it hard to counterfeit or re-use tokens. “

According to CNBC on Thursday, 14 January, “Grayscale’s Bitcoin Trust became a popular, publicly traded way for investors to get exposure to cryptocurrency without owning the coins themselves. “, “At the same time as $3 billion flowed into the Grayscale Bitcoin Trust since mid-October, gold ETFs lost $7 billion, according to JPMorgan. “

Bitcoin frenzy drives 900% surge in assets for crypto investment firm grayscale. According to Business Insider on Thursday, 14 January, “Grayscale’s Bitcoin Trust garnered the bulk of the inflows, surging to $17.5 billion from $1.8 billion in assets under management as the popular cryptocurrency’s price rocketed higher. “, “A cascade of Grayscale Bitcoin Trust outflows and a collapse of its premium would likely have negative near-term implications for bitcoin,” they added in a note to clients.”

Bitcoin claws back most of losses from this week’s swift plunge. According to Bloomberg Quint on Thursday, 14 January, “Its Bitcoin trust, which is known by its ticker GBTC, saw average weekly investments of around $217 million during that stretch.”, “Grayscale, which is behind a popular Bitcoin trust, has seen an uptick in demand. “

Research affiliates quant warns of Bitcoin market manipulation. According to Bloomberg Quint on Thursday, 14 January, “Unlike other currencies such as Bitcoin that are “mined,” Tether officials say they create new coins based on customer orders.”, “The relationship between Tether and Bitcoin is a matter of hot debate in the crypto world, and some market participants argue that the correlation between the two coins doesn’t indicate anything nefarious.”

Liquidators want more power to probe south african Bitcoin trader. According to Bloomberg Quint on Friday, 15 January, “Thus no definitive answer currently exists as to how much Bitcoin was actually invested, but is in the region of 23,000 plus.”, “MTI, which said in November it has more than 260,000 members, was placed under provisional liquidation last month — allegedly holding Bitcoin worth almost $880 million. “

Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, “On October 8, 2020, Square financed $50 million in cryptocurrency and Bitcoin which is 1% of the total assets of the company. “, “The creators of Bitcoin bank state that this is automatic crypto trading softwarethat aims to help first-time investors trade in cryptocurrencies, including Bitcoin. “

Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, “I think Bitcoin is real, has further to run, and the recent selloff was probably profit taking,” said Gregory Perdon, co-chief investment officer at Arbuthnot Latham in London. “, “Critics, on the other hand, argue that Bitcoin is another symptom of market froth, with prices prone to manipulation.”

Bitcoin fee wars erupt as upstart targets grayscale’s billions. According to Bloomberg Quint on Friday, 15 January, “In the absence of a Bitcoin ETF — which U.S. regulators have yet to approve — buying shares of GBTC and BITW is seen as one of the easiest ways for investors to get Bitcoin exposure without having to sign up for a crypto exchange or create a digital wallet. “, “The Osprey Bitcoin Trust (ticker OBTC) will launch in the over-the-counter markets with a 0.49% management fee, according to the Osprey Funds website. “

Coinlab reaches deal with mt. gox trustee over Bitcoin claims. According to Bloomberg Quint on Friday, 15 January, “Gox’s creditors are some of the earliest believers in cryptocurrency, I look forward to getting my Bitcoin as do the tens of thousands of people that have claims.”, “Gox was once the world’s biggest Bitcoin exchange, until it closed in early 2014 after losing about 850,000 Bitcoin belonging to thousands of customers. “

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