Ethereum is currently on bearish momentum. At 01:03 EST on Wednesday, 27 January, Ethereum is at $1,285.60 and down by 4.49% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,343.35 and the lower value was $1,285.60.

Over the last twelve hours, Ethereum’s higher value was $1,358.33 and the lower value was $1,285.60.

In relation to Ethereum’s daily highs and lows, it’s 1.582% up from its trailing 24-hour low of $1,265.58 and 5.354% down from its trailing 24-hour high of $1,358.33.

In relation to Ethereum’s yearly highs and lows, it’s 1250.704% up from its 52-week low and 10.242% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was a positive 2.47%, a negative 0.38%, and a positive 2.51%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 9.79%, 14.64%, and 13.62%, respectively.

Last news about Ethereum

According to FX Empire on Monday, 25 January, "Chainlink (+6.47%) and Ethereum (+13.09%) also found support to buck the trend in the week."

According to CNBC on Monday, 25 January, "With a whole range of logistical improvements to the Ethereum network in the works, increased institutional inflows, and more and more developers building on the platform, the future is bright for Ethereum. ", "Ether’s latest price movement was attributed to increased use of Ethereum – its underlying network that is undergoing a major upgrade – and interest from institutional investors in crypto."

According to Bloomberg Quint on Tuesday, 26 January, "Cumulative fees for processing transactions on the network are now the third-biggest in crypto, behind only Ethereum and Bitcoin, Kwon said."

News about Bitcoin

Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, "Cryptocurrency enthusiasts counting on Bitcoin to bounce back above the $40,000 level face a challenge due to faltering demand for the biggest fund tracking the digital asset, according to JPMorgan Chase & Co.", "The pace of flows into the $20 billion Grayscale Bitcoin Trust "appears to have peaked" based on four-week rolling averages, JPMorgan strategists led by Nikolaos Panigirtzoglou said in a note Friday. "

80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, "Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).", "This includes numerous governments, financial institutions, and early Bitcoin investors/miners."

Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, "The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.", "After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S."

Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, "The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. ", "Saylor invested $425 million of his company’s $500 million cash into Bitcoin last year. "

Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, "Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.", "It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. "

According to Business Insider on Tuesday, 26 January, "Of the two, the Roth version might have an edge, says Bogner, especially "if you are of the mindset that Bitcoin is going to explode" in price in the future. "

Bitcoin seen topping $50,000 long term as it vies with gold. According to Bloomberg Quint on Tuesday, 26 January, "We’re talking about Bitcoin over the next three, five, 10 years slowly inching away at gold’s market capitalization," Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore, said in an online question and answer session with Bloomberg Tuesday. ", "Predicting a price for Bitcoin is challenging but it’s likely to rise longer term as funds and family offices assign 0.5% or 1% of their portfolios to it, Long added."

Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, "One Bitcoin transaction would generate the CO2 equivalent to 706,765 swipes of a Visa credit card, according to Digiconomist’s closely-followed index, albeit with none of the convenience of plastic. ", "Fidelity Digital Assets’ defense of Bitcoin’s energy inefficiency, for example, is that it gets you Bitcoin in return."

South Africa cracks down on Bitcoin after alleged ponzi scheme. According to Bloomberg Quint on Tuesday, 26 January, "MTI — which in November claimed it had 260,000 members and 23,000 Bitcoin now worth about $740 million — was placed in provisional liquidation last month after clients battled to withdraw funds. ", "While the Marks have had no contact with Steynberg, or knowledge of his whereabouts since the matter came to light, they are sure he "will repay to members their Bitcoin investments as that is the character of the Johann Steynberg they came to know," their lawyer said."

Skybridge's anthony scaramucci talks up new Bitcoin fund, crypto's 'exponential liftoff'. According to Business Insider on Wednesday, 27 January, "It’s already happening," he said, citingBlackRock Inc.’s adding Bitcoin futures as an eligible investment to two of its funds.", "Accredited investors can subscribe directly to SkyBridge Bitcoin Fund, which requires a minimum investment of $50,000."

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