NEM USD (XEM-USD) is currently on bullish momentum. At 14:07 EST on Monday, 15 February, NEM USD (XEM-USD) is at $0.39 and up by 8.14% in the last 12 hours.

NEM USD (XEM-USD) Range

Over the last six hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.38.

Over the last twelve hours, NEM USD (XEM-USD)’s higher value was $0.39 and the lower value was $0.36.

Concerning NEM USD (XEM-USD)’s daily highs and lows, it’s 9.222% up from its trailing 24-hour low of $0.36 and 0.821% up from its trailing 24-hour high of $0.39.

About NEM USD (XEM-USD)’s yearly highs and lows, it’s 1378.195% up from its 52-week low and 1.847% down from its 52-week high.

Volatility

NEM USD (XEM-USD)’s last day, last week, and last month’s average volatility was 7.66%, 5.13%, and 4.81%, respectively.

NEM USD (XEM-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 11.63%, 11.19%, and 9.86%, respectively.

News about Bitcoin

According to Business Insider on Friday, 12 February, "Hot off the heels of Tesla’s $1.5bn investment in Bitcoin these developments, these developments are giving more juice for the rally," said Neil Wilson, chief market analyst at trading platform Markets.com."

According to Business Insider on Friday, 12 February, "For Bitcoin Depot CEO Brandon Mintz, Elon Musk has just tipped the first domino that will send bitcoin exploding upward this year and beyond.", "I think there’s going to be a domino effect as time goes on, article after article announcing household names putting bitcoin on their balance sheet," the head of Bitcoin Depot, which operates bitcoin ATMs around the world, told Insider on Wednesday."

North america’s first Bitcoin ETF gets green light in Canada. According to Bloomberg Quint on Friday, 12 February, "Current Bitcoin trusts in the U.S. often trade at massive premiums, yet investors pile in regardless, since buying investment trusts can be easier than purchasing the coins themselves. ", "We look forward to the day when the United States regulatory environment has evolved to a state where Bitcoin ETFs can be issued here as well."

Crypto advocate andrew yang plans to transform New York city into a Bitcoin hub if he's elected Mayor. According to Business Insider on Friday, 12 February, "Andrew Yang said on Twitter that he would make New York City a hub for Bitcoin if he’s elected mayor.", "His tweet on Thursday caught the ire of some Twitter users, with one blasting Bitcoin as a "pyramid scheme" and another saying a "stable society requires stable currency."

According to Business Insider on Friday, 12 February, "The Fund has been created to buy and hold substantially all of its assets in long-term holdings of Bitcoin and seeks to provide holders of ETF Units ("Unitholders") with the opportunity for long-term capital appreciation," the company prospectus reads.", "The Purpose Bitcoin ETF will seek to replicate the performance of the price of bitcoin, minus the ETF’s fees and expenses, according to a fact sheet posted by Canada-based asset manager Purpose Investments. "

‘black swan’ author calls Bitcoin a failure, at least for now. According to Bloomberg Quint on Friday, 12 February, "Taleb also said in a separate tweet Bitcoin has failed as a hedge against central bank policies."

According to Business Insider on Saturday, 13 February, "She added: "We want to make sure that we have a place for people who understand the benefits of Bitcoin to locate their business."

Morgan stanley May bet on Bitcoin in $150 billion investment arm. According to Bloomberg Quint on Saturday, 13 February, "Billions of dollars have been pouring into the cryptocurrency through vehicles including the Grayscale Bitcoin Trust.", "For Wall Street firms, an inability to offer Bitcoin to those clients raises the risk of losing them to other managers. "

Latest Bitcoin breakout highlights an overlooked opportunity. According to Business Insider on Saturday, 13 February, "The post Latest Bitcoin Breakout Highlights an Overlooked Opportunity appeared first on InvestorPlace."

Bitcoin nears $50,000 as it reaches record in weekend action. According to Bloomberg Quint on Sunday, 14 February, "Bloomberg reported earlier that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients. "

Bitcoin nears $50,000 as it hits a record in weekend action. According to Bloomberg Quint on Sunday, 14 February, "Bloomberg reported on Saturday that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients."

Bitcoin is nearing the $50,000 milestone after last week's Tesla-fueled surged. According to Business Insider on Sunday, 14 February, "Last week, Bitcoin surged from around $37,000 to $47,000 as high-profile investors entered the fray. ", "Amid a renewed buzz around cryptocurrencies, Bitcoin is nearing the $50,000 milestone, a would-be record high. "

Bitcoin retreats after weekend rally to record of nearly $50,000. According to Bloomberg Quint on Monday, 15 February, "Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump."

According to Business Insider on Monday, 15 February, "Big inflows into the Grayscale Bitcoin Trust are a sign that institutional investors are increasingly interested in cryptocurrency, analysts say, as many firms’ rules prevent them from buying up the tokens directly."

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