Bitcoin is currently on bearish momentum. At 10:03 EST on Friday, 15 January, Bitcoin is at $36,992.96 and down by 4.36% in the last 6 hours.
Over the last six hours, Bitcoin’s higher value was $38,604.05 and the lower value was $36,992.96.
Over the last twelve hours, Bitcoin’s higher value was $38,635.80 and the lower value was $36,992.96.
In relation to Bitcoin’s daily highs, it’s 7.095% down from its trailing 24-hour high of $39,818.03
In relation to Bitcoin’s yearly highs and lows, it’s 800.734% up from its 52-week low and 11.81% down from its 52-week high.
Bitcoin’s last day, last week, and last month’s average volatility was a positive 5.01%, a negative 1.03%, and a positive 2.20%, respectively.
Bitcoin’s last day, last week, and last month’s high and low average amplitude percentage was 8.40%, 13.78%, and 9.17%, respectively.
Last 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.", "If the dollar powers through that level then we may have seen a Bitcoin top at $40,000," he said."
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, "They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. ", "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, "Bitcoin owners have accidentally lost their passwords or thrown out the hard drives storing their Bitcoin ever since it was introduced in 2009.", "Gabriel Abed is another Bitcoin owner who lost access to his Bitcoin wallet since 2011 when his laptop was reformatted, losing 800 Bitcoin that are now worth a total of $25 million, according to the Times."
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.", "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."
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, "Instead of considering each individual spike and fall as a discrete bubble, there may be more merit in the argument that this volatility is simply part of the price discovery in a new asset class, and that these are not bubbles, but part of a not-so-random walk that will eventually dwindle to give Bitcoin more stability, and ultimately, legitimacy," the analysts wrote.", "This very frequency makes the Bitcoin narrative somewhat atypical relative to the great bubbles of the past."
Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, "But - rarely do bullish trends translate in a linear fashion, and shortly after this week’s open Bitcoin began to pullback and, at one point, had retraced the bulk of last week’s breakout before finding some buyer support.", "In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. "
Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, "Most other major altcoins followed the lead of the apex cryptocurrency with Litecoin (LTC) higher by 8.27% at $145.98 and Bitcoin Cash (BCH) up by 3.5% at $491.10.", "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, "Still, Bitcoin and other cryptocurrencies have been connected with scams, money laundering, tax evasion, cyberthefts and more.", "The key idea behind Bitcoin was the blockchain — a publicly visible, largely anonymous online ledger that records Bitcoin transactions. "
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, "This is a very unique phase in the Bitcoin process of price-discovery that favors a strong rally," he said.", "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, "Unlike other currencies such as Bitcoin that are "mined," Tether officials say they create new coins based on customer orders.", "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. "
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.", "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, "The supply of Bitcoin has halved after a certain time, as per the protocol of the blockchain. ", "On October 8, 2020, Square financed $50 million in cryptocurrency and Bitcoin which is 1% of the total assets of the company. "
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."