Ethereum is currently on bullish momentum. At 15:03 EST on Tuesday, 26 January, Ethereum is at $1,340.63 and up by 5.93% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $1,340.63 and the lower value was $1,265.58.
Over the last twelve hours, Ethereum’s higher value was $1,340.63 and the lower value was $1,265.58.
About Ethereum’s daily highs and lows, it’s 5.93% up from its trailing 24-hour low of $1,265.58 and 2.189% down from its trailing 24-hour high of $1,370.63.
In relation to Ethereum’s yearly highs and lows, it’s 1308.521% up from its 52-week low and 6.4% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was a negative 5.07%, a positive 0.64%, and a positive 2.67%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.48%, 15.27%, and 13.73%, 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, "Ether, the digital token of the Ethereum blockchain, notched a new all-time high of $1,476 early Monday morning. ", "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
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, "The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness.", "Mohammad Hassan Motavalizadeh, the head of Tavanir, said that 45,000 illegal Bitcoin machines cheaply consuming 95MWh of electricity had been confiscated by the police, it also added."
According to Business Insider on Saturday, 23 January, "And this was a Bitcoin OTC name that has been consolidating for months.", "For the Bitcoin theme, Hasson had identified over 10 stocks on the NASDAQ as well as over-the-counter stocks to watch and monitor everyday."
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, "The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace."
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," the strategists said. ", "The fund slid 22% over the past two weeks through Jan. 22, outpacing a 17% drop in Bitcoin in the same period."
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, "This includes numerous governments, financial institutions, and early Bitcoin investors/miners.", "The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold."
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, "Saylor invested $425 million of his company’s $500 million cash into Bitcoin last year. ", "Although the premium on the more than $20 billion Grayscale Bitcoin Trust (GBTC) has declined, other funds face soaring markups as retail investors clamor for crypto exposure."
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, "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.", "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. "
Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, "Institutional investors diving into Bitcoin -namely hedge funds -areeager to promote its unpredictable price swings as the sign of a new asset class in the making. ", "Butit’s notable that the non-virtual side of Bitcoin buying -namely the energy consumption needed to mine and maintain it -gets far less attention. "
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. ", "South Africa’s finance-industry regulator wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a Bitcoin trader, alleged to be the country’s largest Ponzi scheme."