Bitcoin Cash USD is currently on bearish momentum. At 18:07 EST on Friday, 15 January, Bitcoin Cash USD is at $483.28 and down by 8.94% in the last 24 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $483.28 and the lower value was $472.77.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $507.52 and the lower value was $470.87.
Regarding Bitcoin Cash USD’s daily highs and lows, it’s 2.636% up from its trailing 24-hour low of $470.87 and 8.205% down from its trailing 24-hour high of $526.48.
About Bitcoin Cash USD’s yearly highs and lows, it’s 247.134% up from its 52-week low and 23.265% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 6.16%, 7.41%, and 3.26%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 10.64%, 21.58%, and 13.71%, respectively.
News about Bitcoin
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday.", "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out."
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited."
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, "Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin "moving in one direction" as interest in the sector increases and institutional investors come on board. ", "More institutions and notable investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds to Bitcoin or have said they’re open to doing so."
Bitcoin historian elias ahonen publishes 2nd book, a 500-page 'history of cryptocurrency'. According to Business Insider on Tuesday, 12 January, "The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. ", "This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. "
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, "These attempts include using a marketplace called All Private Keys where people can purchase, download, and try to hack into Bitcoin wallets that needs cracking, according to Vice.", "Bitcoin owners have accidentally lost their passwords or thrown out the hard drives storing their Bitcoin ever since it was introduced in 2009."
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, "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.", "They also test recent narratives, such as the argument that Bitcoin is maturing into a hedge against dollar weakness and inflation risk, and attracting longer term investors."
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, "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.", "Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out."
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: Bitcoin Hype-To-Activity Ratio: What That Tells Us About The Latest Rally", "See Also: Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know"
Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, "New transactions are bundled together into a batch and broadcast to the network for verification by so-called Bitcoin miners. ", "Intuitional investors may be feeling more comfortable wading into Bitcoin in part because of better safeguards — even as more captivating tales emerge of millionaires thwarted by losing their password. "
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.", "Crypto peers, including Bitcoin Cash and Litecoin, also surged, each adding at least 7%."
Research affiliates quant warns of Bitcoin market manipulation. According to Bloomberg Quint on Thursday, 14 January, "Pickard’s critique finds support in academic research that suggests Bitcoin is influenced by fraudulent trading in a U.S. dollar-backed stablecoin called Tether. ", "He added that Tether is always backed by traditional currency and cash equivalents, and that the rally in Bitcoin is being driven by more institutional investors buying into the market. "
Liquidators want more power to probe south african Bitcoin trader. According to Bloomberg Quint on Friday, 15 January, "There were no proper accounting records and Bitcoin was transferred in and out," Brandon Topham, the FSCA’s divisional executive for enforcement said. ", "The investigation into a failed South African Bitcoin trader is deepening as provisional liquidators appointed to seize control of Mirror Trading International seek to widen the scope of their inquiry."
Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, "Many people see Bitcoin and cryptocurrency to be the future of most of the transactions. ", "I browsed through the internet and found out about the Bitcoin Bank trading platform. "
Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, "The massive gains in Bitcoin recently have renewed the debate over whether it’s a real asset class or a speculative bubble. ", "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, "We’re committed to a low-cost product and to best-in-class service providers and we’re excited to offer investors a new alternative in the exchange-traded Bitcoin fund space," King said in an interview.", "OBTC’s fee is roughly a fourth of the cost of its main rival, the $28 billion Grayscale Bitcoin Trust (ticker GBTC), which charges 2%. "
Coinlab reaches deal with mt. gox trustee over Bitcoin claims. According to Bloomberg Quint on Friday, 15 January, "CoinLab was co-founded in 2012 by Peter Vessenes, who also co-founded the Bitcoin Foundation and has provided security auditing for blockchain networks since about 2015, including on Ethereum. ", "Gox bankruptcy, and MGIFLP, a unit of Fortress Investment Group LLC, will allow creditors to consider an offer of as much as 90% of the remaining Bitcoin tied up in the bankruptcy."