Stellar is currently on bearish momentum. At 08:07 EST on Friday, 8 January, Stellar is at $0.31 and down by 7.45% in the last 6 hours.

Stellar Range

Over the last six hours, Stellar’s higher value was $0.33 and the lower value was $0.31.

Over the last twelve hours, Stellar’s higher value was $0.33 and the lower value was $0.28.

In relation to Stellar’s daily highs and lows, it’s 9.786% up from its trailing 24-hour low of $0.28 and 14.611% down from its trailing 24-hour high of $0.36.

Regarding Stellar’s yearly highs and lows, it’s 978.596% up from its 52-week low and 23.589% down from its 52-week high.

Volatility

Stellar’s last day, last week, and last month’s average volatility was a negative 7.92%, a positive 16.04%, and a positive 3.19%, respectively.

Stellar’s last day, last week, and last month’s high and low average amplitude percentage was 35.27%, 32.08%, and 17.33%, respectively.

Last news about Stellar

According to Business Insider on Tuesday, 5 January, "Celeste Volz-Ford founded Stellar Solutions in 1995, a global systems engineering services provider that delivers high-impact performance for projects on earth and in space. ", "She also led Stellar Solutions to win the 2017 Malcolm Baldrige National Quality Award." The second recipient this year is Terry May, Founder and CEO of MESA. "

News about Bitcoin

JPMorgan sees $146,000-plus Bitcoin price as long-term target. According to Bloomberg Quint on Tuesday, 5 January, "While we cannot exclude the possibility that the current speculative mania will propagate further pushing the Bitcoin price up toward the consensus region of between $50,000-$100,000, we believe that such price levels would prove unsustainable.", "For now, JPMorgan sees headwinds for the largest cryptocurrency, with indicators like a buildup of speculative long positions and an increase in investment wallets holding small amounts of Bitcoin showing potential froth."

According to CNBC on Tuesday, 5 January, "Many institutional investors are using investment vehicles like Grayscale’s Bitcoin Trust as a means of buying into bitcoin. ", "According to JPMorgan, more than $3 billion has flowed into the Grayscale Bitcoin Trust since mid-October while gold ETFs have bled $7 billion."

Coindesk buys tradeblock, joining rush for Bitcoin analytics. According to The Wall Street Journal on Tuesday, 5 January, "Its most notable product is a bitcoin price index called the XBX that is used as the reference rate, or benchmark price, for investment funds such as the Grayscale Bitcoin Trust ."

Bitcoin could soon be worth $146,000. here's how it would get there. According to MarketWatch on Tuesday, 5 January, "JPMorgan says that by one measure, bitcoincurrently consumes 3.4 times more risk capital than gold and over 5 times more, if comparing the Grayscale Bitcoin Trust versus the SPDR Gold Shares , the largest gold ETF by asset."

Gamblers could use Bitcoin at slot machines with new patent. According to Bloomberg Quint on Tuesday, 5 January, "That means players could move Bitcoin into their virtual wallets on a slot machine using their phones.", "While Bitcoin isn’t widely used in transactions, some users have been known to buy expensive cars, houses and boats with the cryptocurrency. "

Scaramucci sees massive gains for Bitcoin in comparison to gold. According to Bloomberg Quint on Tuesday, 5 January, "SkyBridge Capital’s Anthony Scaramucci is the latest Wall Street maven to get on the Bitcoin bandwagon, launching a crypto-centric fund this week and predicting the digital asset could be poised for massive gains.", "The environment became more compelling, it was easier to store, better regulation — we are a very big believer that Bitcoin is effectively going to become digital gold."

According to Business Insider on Tuesday, 5 January, "While a few options exist, like the aforementioned Grayscale Bitcoin Trust, bitcoin ETFs remain scarce: In the US, the SEC has refused (as of early 2021) to allow them, due to the difficulty of accurately assessing the currency’s value and liquidity."

Bitcoin tops $35,000 to set another record as wild swings resume. According to Bloomberg Quint on Wednesday, 6 January, "More institutions and noted investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds into Bitcoin or have said they’re open to doing so."

Bitcoin – the surge, the outlook, and the beneficiaries. According to FX Empire on Wednesday, 6 January, "A Bitcoin jump to $100,000 in 2021 would give Grayscale and its investors $57.3bn in Bitcoin investment income.", "In addition, there are ETF like entities holding Bitcoin, where institutional and private investors have benefited from the Bitcoin surge."

Fintech startups like revolut and luno are seeing a boom in demand from consumers rushing to invest in cryptocurrencies amid major Bitcoin interest. According to Business Insider on Wednesday, 6 January, "Revolut says the average age of a user buying cryptocurrencies on its platform is 33, while eToro says Bitcoin owners are 35 on average, and Ethereum buyers are 33."

Bill miller says corporate cash could fuel a Bitcoin ‘torrent’. According to Bloomberg Quint on Wednesday, 6 January, "The price of Bitcoin hit a record high on Wednesday, crossing above $35,000 for the first time. ", "If inflation picks up, or even if it doesn’t, and more companies decide to diversify some small portion of their cash balances into Bitcoin instead of cash, then the current relative trickle into Bitcoin would become a torrent," Miller of Miller Value Partners LLC wrote in a blog post published Jan. 5."

Veteran investor bill miller flips warren buffett's Bitcoin snub to argue crypto beats cash. According to Business Insider on Wednesday, 6 January, "If more companies swap cash for crypto, "the current relative trickle into Bitcoin would become a torrent," he added.", "The pressure on the greenback has spurred the likes of Square and MicroStrategy to shift some of their cash into Bitcoin to lessen the impact of depreciation, he said."

Jump in active Bitcoin accounts nears high set before 2018 crash. According to Bloomberg Quint on Wednesday, 6 January, "With Bitcoin surging again to all-time highs, many of these anonymous accounts look to be waking up.", "Less than 2% of accounts control 95% of all available Bitcoin supply, according to Flipside."

Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, "Active Bitcoin accounts are nearing their all-time high levels of late 2017, according to researcher Flipside Crypto — possibly a sign that some holders are planning to sell. ", "Fewer than 2% of accounts hold 95% of Bitcoin supply, so a few big trades can impact prices. "

Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, "Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. ", "A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term," the investment bank said in its latest report."

Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, "EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F))."

Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, "Last year, the Chicago Mercantile Exchange started offering options contracts on Bitcoin futures.", "And if Bitcoin crashes again — as it did three years ago — investors would lose, but less than they would by trading Bitcoin directly."

Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "The poster child for market exuberance — Bitcoin — has doubled in value in less than a month, with its advance swelling the total market value of cryptocurrencies beyond $1 trillion. ", "It was another day of euphoria for Bitcoin boosters and the options-slinger set as virtually all their favorite things launched skyward."

Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, "The Grayscale Bitcoin Trust has become a bellwether for digital asset investors after accumulating more than 3% of the total supply of the largest cryptocurrency.", "Grayscale Bitcoin Trust’s success may potentially be impacting Bitcoin’s supply, Sonnenshein said."

White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, "Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.", "The potential for "upside of historic proportions" suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI."

LEAVE A REPLY

Please enter your comment!
Please enter your name here