NEO is currently on bullish momentum. At 09:03 EST on Saturday, 23 January, NEO is at $24.80 and up by 6.3% in the last 12 hours.
Over the last six hours, NEO’s higher value was $24.80 and the lower value was $23.67.
Over the last twelve hours, NEO’s higher value was $24.80 and the lower value was $23.33.
Concerning NEO’s daily lows, it’s 6.301% up from its trailing 24-hour low of $23.33
About NEO’s yearly highs and lows, it’s 486.288% up from its 52-week low and 13.408% down from its 52-week high.
NEO’s last day, last week, and last month’s average volatility was a positive 6.43%, a negative 0.06%, and a positive 2.80%, respectively.
NEO’s last day, last week, and last month’s high and low average amplitude percentage was 16.99%, 13.58%, and 13.38%, respectively.
Last news about NEO
According to Business Insider on Wednesday, 20 January, "The company said the plan will continue to measure NEO performance based on a set of other performance factors, which for fiscal 2021 will further emphasize the importance of ESG metrics by including diversity and inclusion."
According to Business Insider on Thursday, 21 January, "The Company expects to issue an aggregate total of 6,666,666 common shares in satisfaction of such amounts, of which 3,333,333 common shares are expected to be issued following receipt by Halo of the Initial Advance in accordance with the terms of the Commitment Letter and subject to receipt of all necessary approvals, including the approval of the NEO Exchange Inc. If required by applicable securities laws, such common shares will be subject to a statutory hold period of 4 months plus a day."
According to Business Insider on Friday, 22 January, "Units of PSYK have been conditionally approved for listing by the NEO Exchange ("NEO") and are slated to begin trading on January 27, 2020, under the ticker symbol PSYK:NEO.", "PSYK will close the initial offering of units to its designated broker at the close of business on January 26, 2021, prior to its initial listing of units on NEO on January 27, 2021."
According to Business Insider on Friday, 22 January, "The first-ever psychedelics ETF will begin trading on the Canadian NEO exchange next Wednesday, giving investors exposure to publicly-traded companies focused on the development of therapeutic solutions that utilize psychedelics."
According to Business Insider on Saturday, 23 January, "You will usually pay brokerage fees to your dealer if you purchase or sell Units of the Trust on the NEO Exchange or other alternative Canadian trading system (an "exchange"). "
News about Bitcoin
Bitcoin surge built on market exUberance, momentum trading. According to Bloomberg Quint on Wednesday, 20 January, "Since October 2020 — the starting point of the latest Bitcoin cycle — about 60% of returns can be explained by exuberance in the wider market and momentum trading, according to Bloomberg Economics’ structural empirical model which exploits the co-movement of prices for Bitcoin and other assets to determine what factors are driving the ups and downs of the digital currency. "
Bitcoin slides below $35,000 as crypto mania loses momentum. According to Bloomberg Quint on Wednesday, 20 January, "The Bitcoin fever is starting to break as worries about a market bubble discourages investors from buying in.", "Many cryptocurrency traders are diversifying into other coins in fear that Bitcoin could see another collapse if $41,500 is not reached sometime soon," said Edward Moya, senior market analyst at Oanda Corp."
We spoke to crypto platform gemini, which is backed by the winklevoss twins, about Bitcoin, how to use stable coins and why regulation won't kill the boom in digital currencies. According to Business Insider on Wednesday, 20 January, "Halliday said he would opt for a "HODL" strategy, using the crypto slang meaning to hold onto Bitcoin rather than sell.", "The Winklevoss twins have famously said they see a case for Bitcoin hitting $500,000, on the grounds that it is set to become the classic inflation hedge, taking the mantle from gold."
Bitcoin sinks below $34,000 as sell-off cuts into early-January momentum. According to Business Insider on Wednesday, 20 January, "Flows into the Grayscale Bitcoin Trust and futures contracts can serve as early indicators of whether such support can be reached, he added.", "The software CEO-turned Bitcoin whale explains why he is making such a massive bet on the digital asset."
BlackRock files to add Bitcoin futures to two of its funds. According to Bloomberg Quint on Wednesday, 20 January, "BlackRock Inc. is adding cash-settled Bitcoin futures as an eligible investment to two funds, according to regulatory filings.", "The world’s largest asset manager filed updated prospectuses for two funds on Wednesday with the U.S. Securities and Exchange Commission that included cash-settled Bitcoin futures among the assets they can buy."
Bitcoin falters for a second day, slides below technical level. According to Bloomberg Quint on Thursday, 21 January, "That drop did, however, precede a seven-week run that helped propel Bitcoin into its current bull rally."
Bitcoin losses gather pace, with prices nearing three-week low. According to Bloomberg Quint on Thursday, 21 January, "On Wednesday, BlackRock Inc. filed paperwork to add Bitcoin futures as an eligible investment in two funds, the first time the money manager is offering clients exposure to cryptocurrency."
It looks like wall street is running Bitcoin, at least for now. According to Bloomberg Quint on Thursday, 21 January, "(The idea is that Bitcoin could be inflation-proof, because it’s designed to have a limited supply.) ", "Hedge fund manager Paul Tudor Jones helped set off the frenzy when he said in May he was buying Bitcoin as a hedge against the inflation he sees coming in the wake of policymakers’ aggressive actions to keep the economy alive in the coronavirus pandemic. "
Bitcoin is no market hedge, JPMorgan strategists say. According to Bloomberg Quint on Thursday, 21 January, "In the past five years, Bitcoin had a low correlation with hedges, such as gold and Treasuries and the yen, making it potentially useful for investors managing a broad portfolio. ", "The trajectory of Bitcoin so far has been unlike anything that Wall Street has seen, and the debate is heating up among professional investors. "
Bitcoin plunge has newbies scrambling to google double-spend. According to Bloomberg Quint on Thursday, 21 January, "The Bitcoin blockchain is operating exactly as designed, and has been operating exactly as designed for 12 years," said Andreas Antonopoulos, an expert in Bitcoin and open blockchain technologies. ", "In the case of the blockchain — or the software that underlies Bitcoin and other cryptocurrencies — the transaction in question would be excluded from the final tally on the digital ledger."
Mercado Bitcoin receives contribution led by GP investimentos and parallax ventures who will invest BRL 200 million in 2021. According to Business Insider on Thursday, 21 January, "Our long-term purpose is to participate in the construction of a new infrastructure for the financial market (IMF), based on blockchain, smartcontracts and crypto assets", explains Reinaldo Rabelo, CEO of Mercado Bitcoin .", "SÃO PAULO, Jan. 21, 2021 /PRNNewswire/ — Founded by brothers Gustavo and Mauricio Chamati in 2013, Mercado Bitcoin has become the largest crypto-currency exchange in Latin America. "
Bitcoin drops close to $30,000 mark as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, "Grayscale Investments, which is behind a popular Bitcoin trust, saw total inflows of more than $3 billion across its products in the fourth quarter. ", "The crypto boom has proved controversial, cheered on the one hand by believers who see Bitcoin becoming a more mainstream investment, but decried by others that see little more than speculative mania."
Bitcoin drops below $30,000 level as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, "Just this week, BlackRock Inc. dipped its toe into the crypto universe for the first time, saying cash-settled Bitcoin futures are among assets that two funds were permitted to buy.", "The crypto boom has proved controversial, cheered on the one hand by believers who see Bitcoin becoming a more mainstream investment, but decried by others that see little more than speculative mania."
Why this analyst is cautioning Bitcoin investors to have A 'very strong stomach' amid plunge. According to Business Insider on Friday, 22 January, "Why It Matters: Bitcoin has seen a major correction in the last two weeks after a dizzying rally that started in July last year saw it cross $40,000 from trading below the $10,000 level.", "Price Action: Bitcoin traded 11.3% lower at $30,712.41 at press time on Thursday."
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."