EOS is currently on bullish momentum. At 18:16 EST on Wed 16 Dec, EOS is at $3.07 and up by 7.42% in the last 12 hours.
EOS Range
Over the last six hours, EOS's higher value was $3.07 and the lower value was $3.01.
Over the last twelve hours, EOS's higher value was $3.07 and the lower value was $2.86.
In relation to EOS's daily highs and lows, it's 8.431% up from its trailing 24-hour low of $2.83 and 0.046% down from its trailing 24-hour high of $3.07.
In relation to the EOS's yearly highs and lows, it's 109.718% up from its 52-week low and 43.959% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "A recent investment in Bitcoin by Massachusetts Mutual Life Insurance Co. highlights the potential for additional institutional demand for the cryptocurrency in coming years, according to JPMorgan Chase & Co.", "At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote."
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Recent forays into the cryptocurrencies space by Square Inc., MicroStrategy Inc. and Massachusetts Mutual Life Insurance Co. are "laying out the groundwork for how you add Bitcoin to your balance sheet, how you should think about Bitcoin as a substitute for cash," Ginns said on a webinar hosted by Evercore ISI Tuesday. ", "About 15% of fund managers, with $534 billion under management, surveyed by Bank of America Corp. said Bitcoin is the third-most crowded trade behind being long technology shares and shorting the U.S. dollar. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin's cross above $20,000 is its second major milestone in recent weeks -- the coin at the end of November reached a new high three years after setting a prior peak. ", "Bitcoin surpassed $20,000 for the first time, another milestone in what's been an eye-popping rally for the controversial digital asset this year."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. ", "Toronto-based CI Financial will manage the fund while investor Mike Novogratz's Galaxy Digital Capital Management will be Bitcoin sub-adviser. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "Assets in the Grayscale Bitcoin Trust, the largest player, have swelled to more than $10 billion.", "A hedge fund specializing in volatility bets has emerged as one of the largest investors in Bitcoin after quietly buying more than $600 million in cryptocurrencies and joining forces with Alan Howard, the co-founder of Brevan Howard Asset Management."
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "Now that Bitcoin has topped $20,000 for the first time, should you shift your hard-earned cash into digital currencies? ", "News on Wednesday that One River Asset Management has set up a fund company that will have about $1 billion in Bitcoin and fellow digital coin Ether by early next year suggests that institutional investors are starting to take cryptocurrencies more seriously."
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "I personally think Bitcoin replacing the dollar is a pipe dream. ", "I think the theme for Bitcoin next year will be whether fiscal and monetary stimulus is unwound and whether interest rates rise. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "Last month, the firm filed to reserve the right to invest as much as 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust, which invests solely in Bitcoin.", ""Our fundamental work shows that Bitcoin should be worth about $400,000," Minerd told Bloomberg Television on Wednesday. "