Stellar is currently on bearish momentum. At 11:10 EST on Fri 18 Dec, Stellar is at $0.18 and down by 3.2% in the last 6 hours.
Over the last six hours, Stellar’s higher value was $0.18 and the lower value was $0.18.
Over the last twelve hours, Stellar’s higher value was $0.19 and the lower value was $0.18.
Concerning Stellar’s daily highs and lows, it’s 0.944% down from its trailing 24-hour low of $0.18 and 10.85% down from its trailing 24-hour high of $0.20.
In relation to Stellar’s yearly highs and lows, it’s 525.614% up from its 52-week low and 22.411% down from its 52-week high.
News about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, “Bitcoin Cash gained more than 9%, while the Bloomberg Galaxy Crypto Index advanced as much as 2%.”, “Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. ”
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, “Canadian mutual fund manager CI Financial Corp. completed a $72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally.”, “Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. ”
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “Bitcoin surpassed $20,000 Wednesday to hit a record and has almost tripled in price this year.”, “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, “None of this bothers the champions of “digital gold,”who push the narrative that Bitcoin serves as some kind of metaphorical mattress under which everyone should stuff rapidly depreciating dollars or euros.”, “That’s reminiscent of other wealthy investors climbing aboard the bandwagon, such as Paul Tudor Jones, who compared Bitcoin to “investing in Google early.” Even if they get burnedon a big bet, it’s money they won’t miss.”
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “Bitcoin’s strength relies very much on fiat money being copious and unrewarding. “, “As corporations manage their cash and don’t see their own stock as being cheap, the notion of holding Bitcoin to protect against depreciation of the dollar (or other fiat currencies) is interesting and could gain favor.”
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “Bitcoin’s scarcity combined with “rampant money printing” by the Federal Reserve mean the digital token should eventually climb to about $400,000, Minerd, the firm’s chief investment officer, said in an interview. “, “Last month, the firm filed to reserve the right to invest as much as 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust, which invests solely in Bitcoin.”
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, “He sees the price ratio of Bitcoin-to-gold headed for 100, if history is repeated, from its current level of around 12.”, “”The lowest-ever Bitcoin annual volatility measure versus gold and the stock market near the end of 2020 may sustain the crypto’s performance advantage in 2021,” said Bloomberg Intelligence strategist Mike McGlone in a report. ”
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin only just smashed the $20,000 mark on Wednesday.”, “Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.”
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “”We saw the impact of massive printing of cash by governments around the world and so we made the decision that mostly likely Bitcoin will benefit,” he said from Miami.”, “When he went all-in on Bitcoin this year, it was based on a judgment call rather than any systematic signals.”
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, “Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. “