Ethereum is currently on bullish momentum. At 03:04 EST on Thu 17 Dec, Ethereum is at $645.54 and up by 9.9% in the last 24 hours.
Over the last six hours, Ethereum’s higher value was $645.54 and the lower value was $635.70.
Over the last twelve hours, Ethereum’s higher value was $645.54 and the lower value was $623.01.
In relation to Ethereum’s daily lows, it’s 9.896% up from its trailing 24-hour low of $587.41
In relation to the Ethereum’s yearly highs and lows, it’s 578.231% up from its 52-week low and 0.62% 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, "The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. ", "Bitcoin has dipped after hitting a record at the start of December but remains in sight of the $20,000 level, which it has yet to reach. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin’s dizzying rally in 2020 has captivated the professional investing class.", "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. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, ""People tend to pile into momentum trades, so Bitcoin could have more upside from here," said Ed Campbell, portfolio manager and managing director at QMA.", "Bitcoin has almost tripled this year."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. ", "Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In"
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "Read more: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold in the 1970s", "While gold also stands to appreciate in a world of debased currencies and inflationary fears, Peters thinks Bitcoin and Ether prices can far outpace that rise."
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, "The artificial scarcity that underpins Bitcoin -from its mining algorithm to the behavior of HODLers,who refuse to abandon their investment no matter how low it goes -helps push its price higher in the boom times; it does nothing to prevent a tumble when whales cash out. ", "While Bitcoin is great as a billionaire’s speculative plaything, it’s hardly auseful digital currency or safe haven investment for the average punter. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "For more insights, read the full conversation from the TOPLive panel: Bitcoin Q&A: What Next for Cryptocurrencies? ", "Certainly, Bitcoin has room for significant gains while gold could also appreciate, albeit at a much slower pace."
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "So you know, Bitcoin actually has a lot of the attributes of gold and at the same time has an unusual value in terms of transactions."", "His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%."
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world’s largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that’s polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Here’s what people in markets are saying about Bitcoin’s move:", "If Bitcoin sustains its momentum, then "testing $36,000 will be the next real objective," said Dan Gunsberg, CEO of Hxro, a crypto trading platform. "