Stellar is currently on bullish momentum. At 06:07 EST on Saturday, 9 January, Stellar is at $0.30 and up by 5.55% in the last 6 hours.
Over the last six hours, Stellar’s higher value was $0.30 and the lower value was $0.29.
Over the last twelve hours, Stellar’s higher value was $0.30 and the lower value was $0.29.
Concerning Stellar’s daily highs and lows, it’s 8% up from its trailing 24-hour low of $0.28 and 2.452% down from its trailing 24-hour high of $0.31.
Regarding Stellar’s yearly highs and lows, it’s 961.053% up from its 52-week low and 24.832% down from its 52-week high.
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.
News about Bitcoin
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, "With Bitcoin price stability having returned after the slide to the 2020 low of $4,000, the upward trend has drawn sizeable institutional money.", "With a current market cap of C$1,014bn, a Bitcoin visit to $100,000 would double the companies market cap. "
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, "Warren Buffett famously called Bitcoin ‘rat poison,’" Miller wrote in his post. ", "Miller joins a growing but still small chorus of names suggesting Bitcoin could be a part of corporate treasuries, something a handful of companies have already taken up. "
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, "About 82% of all Bitcoin supply was held in accounts that have been active in the last six months as of Jan. 4, according to researcher Flipside Crypto. ", "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, "Proponents of Bitcoin argue it offers a hedge against dollar weakness and the risk of faster inflation, a bit like gold, while critics decry the intellectual soundness of comparing the two assets.", "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, "The reason to own Bitcoin is because things like this can always go up a lot more than they can go down," QVR’s Eifert said. ", "Last year, the Chicago Mercantile Exchange started offering options contracts on Bitcoin futures."
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "It was another day of euphoria for Bitcoin boosters and the options-slinger set as virtually all their favorite things launched skyward.", "Crypto enthusiasts, many of whom feel validated that the coin has reached these levels after years of ups and downs, celebrated on Twitter, posting pictures of fireworks and rocket-ship emojis alongside Bitcoin price charts that depict the surge."
Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, "Grayscale’s funds operate as trusts that hold growing hoards of coins such as Bitcoin that are not redeemable by investors. ", "So there is definitely an argument to be made about Grayscale and really any other vehicle that may be removing Bitcoin from circulation and putting it into a financial product inherently increasing the scarcity of an already scarce asset," 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."