Ethereum is currently on bullish momentum. At 21:06 EST on Friday, 8 January, Ethereum is at $1,194.58 and up by 7.19% in the last 24 hours.
Over the last six hours, Ethereum’s higher value was $1,223.74 and the lower value was $1,157.93.
Over the last twelve hours, Ethereum’s higher value was $1,256.41 and the lower value was $1,157.93.
Concerning Ethereum’s daily highs and lows, it’s 7.193% up from its trailing 24-hour low of $1,114.42 and 4.921% down from its trailing 24-hour high of $1,256.41.
Regarding Ethereum’s yearly highs and lows, it’s 1155.075% up from its 52-week low and 6.861% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was 1.54%, 7.81%, and 2.79%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 9.86%, 15.50%, and 8.52%, respectively.
Last news about Ethereum
According to Business Insider on Wednesday, 6 January, "Revolut says the average age of a user buying cryptocurrencies on its platform is 33, while eToro says Bitcoin owners are 35 on average, and Ethereum buyers are 33."
According to FX Empire on Friday, 8 January, "Binance Coin (+3.14%), Crypto.com Coin (+5.31%), Ethereum (+1.21%), and Litecoin (+0.18%) also avoided the red on the day."
News about Bitcoin
Bitcoin tops $35,000 to set another record as wild swings resume. According to Bloomberg Quint on Wednesday, 6 January, "More institutions and noted investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds into Bitcoin or have said they’re open to doing so."
Bitcoin – the surge, the outlook, and the beneficiaries. According to FX Empire on Wednesday, 6 January, "Finally, looking at the Bitcoin ETFs, Grayscale Bitcoin Trust reportedly holds 572,644 BTC. ", "With a current market cap of C$1,014bn, a Bitcoin visit to $100,000 would double the companies market cap. "
Fintech startups like revolut and luno are seeing a boom in demand from consumers rushing to invest in cryptocurrencies amid major Bitcoin interest. According to Business Insider on Wednesday, 6 January, "Revolut says the average age of a user buying cryptocurrencies on its platform is 33, while eToro says Bitcoin owners are 35 on average, and Ethereum buyers are 33."
Bill miller says corporate cash could fuel a Bitcoin ‘torrent’. According to Bloomberg Quint on Wednesday, 6 January, "The statement of support for Bitcoin is not the first by Miller, who is best known for his value stock picks at Legg Mason Inc., where he outperformed the S&P 500 for 15 years through 2005. ", "The price of Bitcoin hit a record high on Wednesday, crossing above $35,000 for the first time. "
Veteran investor bill miller flips warren buffett's Bitcoin snub to argue crypto beats cash. According to Business Insider on Wednesday, 6 January, "If more companies swap cash for crypto, "the current relative trickle into Bitcoin would become a torrent," he added.", "The Miller Value Partners boss and former Legg Mason investment chief pointed out that Bitcoin has outperformed all major asset classes in recent years. "
Jump in active Bitcoin accounts nears high set before 2018 crash. According to Bloomberg Quint on Wednesday, 6 January, "With Bitcoin surging again to all-time highs, many of these anonymous accounts look to be waking up.", "The number of active Bitcoin accounts is approaching the all-time peak reached just before the notorious volatile cryptocurrency crashed three years ago."
Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, "Proponents of Bitcoin argue it offers a hedge against dollar weakness and the risk of faster inflation, a bit like gold, while critics decry the intellectual soundness of comparing the two assets.", "Active Bitcoin accounts are nearing their all-time high levels of late 2017, according to researcher Flipside Crypto — possibly a sign that some holders are planning to sell. "
Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, "Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. ", "A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term," the investment bank said in its latest report."
Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, "EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F))."
Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, "And if Bitcoin crashes again — as it did three years ago — investors would lose, but less than they would by trading Bitcoin directly.", "If Bitcoin keeps multiplying in value, autocallable investors don’t get to participate in that upside: they’ll just get their capital back early, plus their coupons. "
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "Crypto enthusiasts, many of whom feel validated that the coin has reached these levels after years of ups and downs, celebrated on Twitter, posting pictures of fireworks and rocket-ship emojis alongside Bitcoin price charts that depict the surge.", "The poster child for market exuberance — Bitcoin — has doubled in value in less than a month, with its advance swelling the total market value of cryptocurrencies beyond $1 trillion. "
Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, "The Grayscale Bitcoin Trust has become a bellwether for digital asset investors after accumulating more than 3% of the total supply of the largest cryptocurrency.", "Grayscale Bitcoin Trust’s success may potentially be impacting Bitcoin’s supply, Sonnenshein said."
White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, "Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.", "The potential for "upside of historic proportions" suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI."