NEO is currently on bearish momentum. At 05:08 EST on Wednesday, 27 January, NEO is at $21.89 and down by 6.3% in the last 12 hours.
Over the last six hours, NEO’s higher value was $22.51 and the lower value was $21.89.
Over the last twelve hours, NEO’s higher value was $23.27 and the lower value was $21.89.
About NEO’s daily highs, it’s 7.676% down from its trailing 24-hour high of $23.71
Concerning NEO’s yearly highs and lows, it’s 417.494% up from its 52-week low and 23.568% down from its 52-week high.
NEO’s last day, last week, and last month’s average volatility was a negative 0.65%, a negative 2.11%, and a positive 2.34%, respectively.
NEO’s last day, last week, and last month’s high and low average amplitude percentage was 5.93%, 11.29%, and 12.82%, respectively.
Last news about NEO
According to Bloomberg Quint on Tuesday, 26 January, "Subversive Real Estate trades on the U.S. OTCQX market and Canada’s NEO Exchange."
According to Bloomberg Quint on Tuesday, 26 January, "The Horizons Psychedelic Stock Index ETF, listed as PSYK, is expected to start trading Wednesday on the NEO Exchange, its operator said. "
News about Bitcoin
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. ", "They added that the "risk is that momentum traders will continue to unwind Bitcoin futures positions."
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, "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.", "The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. "
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, "Even Ray Dillinger, part of the early digital-cash movement that spawned cryptocurrencies, recentlysaid Bitcoin had wasted "enormous resources of energy" on the back of taxpayer-subsidized electricity with the encouragement of exactly the sort of authoritarian governments it claimed to fight against. ", "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. ", "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, "Accredited investors can subscribe directly to SkyBridge Bitcoin Fund, which requires a minimum investment of $50,000.", "SkyBridge initiated a position, valued at about $310 million earlier this month, in funds investing in Bitcoin during November and December 2020."
Crypto’s young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, "And the fact that Bitcoin miners tend to be unprofitable or just barely in the black isn’t much of a deterrent.", "Marathon Patent Group has computers in Montana and North Dakota, and recently announced it bought $150 million worth of Bitcoin for its Treasury reserves."