Stellar is currently on bullish momentum. At 00:13 EST on Thu 17 Dec, Stellar is at $0.19 and up by 5.68% in the last 12 hours.
Stellar Range
Over the last six hours, Stellar's higher value was $0.19 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.
In relation to Stellar's daily highs and lows, it's 16.313% up from its trailing 24-hour low of $0.16 and 2.053% down from its trailing 24-hour high of $0.19.
In relation to the Stellar's yearly highs and lows, it's 552.982% up from its 52-week low and 19.017% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "If pension funds and insurance companies in the U.S., euro area, U.K. and Japan allocate 1% of assets to Bitcoin, that would result in additional Bitcoin demand of $600 billion, the strategists said. ", "A recent investment in Bitcoin by Massachusetts Mutual Life Insurance Co. highlights the potential for additional institutional demand for the cryptocurrency in coming years, according to JPMorgan Chase & Co."
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "About 15% of fund managers, with $534 billion under management, surveyed by Bank of America Corp. said Bitcoin is the third-most crowded trade behind being long technology shares and shorting the U.S. dollar. ", "Recent forays into the cryptocurrencies space by Square Inc., MicroStrategy Inc. and Massachusetts Mutual Life Insurance Co. are "laying out the groundwork for how you add Bitcoin to your balance sheet, how you should think about Bitcoin as a substitute for cash," Ginns said on a webinar hosted by Evercore ISI Tuesday. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Guggenheim Partners LLC, for instance, recently said it might invest up to 10% of its $5.3 billion Macro Opportunities Fund in a Bitcoin trust.", "Bitcoin's cross above $20,000 is its second major milestone in recent weeks -- the coin at the end of November reached a new high three years after setting a prior peak. "
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. ", "The Bitcoin held in the fund will be stored in a segregated cold-storage system, and investors will be able to redeem the fund's units at net asset value on an annual basis."
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "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.", "Read more: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold in the 1970s"
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, "A study by the Kansas City Fed comparing bonds, gold and Bitcoin between 1995 and Feb. 2020 found that Treasuries behaved "consistently" as a safe haven, gold did so "occasionally" and Bitcoin got a "never."", "Now that Bitcoin has topped $20,000 for the first time, should you shift your hard-earned cash into digital currencies? "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "What this means for Bitcoin is that it could easily surpass gold, even with gold appreciating as money printing continues. ", "Unlike 2017, the Google searches for Bitcoin have been unremarkable, and the speculation levels (as seen by leveraged foreign retail markets) have been quite low. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "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.", "It's a similar argument to what's often offered by some of Bitcoin's most prominent backers, including famed investor Paul Tudor Jones, who said earlier this year he's been buying Bitcoin as a hedge against what he expects will be faster inflation after years of muted consumer-price increases. "
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. "