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Stellar On Bullish Momentum: 6% Up In The Last 6 Hours

Via News Editorial Team

December 17, 2020

Stellar On Bullish Momentum: 6% Up In The Last 6 Hours

Stellar is currently on bullish momentum. At 22:14 EST on Wed 16 Dec, Stellar is at $0.19 and up by 6% in the last 6 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 19.25% up from its trailing 24-hour low of $0.16 and 0.421% up from its trailing 24-hour high of $0.19.

In relation to the Stellar's yearly highs and lows, it's 569.474% up from its 52-week low and 16.971% 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, "Bitcoin has dipped after hitting a record at the start of December but remains in sight of the $20,000 level, which it has yet to reach. ", "At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote."

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, "This "is the start of a new chapter for Bitcoin. ", "Bitcoin surpassed $20,000 for the first time, another milestone in what's been an eye-popping rally for the controversial digital asset this year."

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. ", "Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In"

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, "But before you race to open a digital wallet, look back to what happened to Bitcoin last time it approached these levels. ", "Even as payments companies like PayPal Holdings Inc. or Square Inc. strive to bring Bitcoin trading to the masses, very few merchants directly touch the stuff. "

Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "If central banks tighten monetary policy and/or governments take action to reduce deficits, the attractiveness of Bitcoin as an inflation hedge and source of scarce yield could decline rapidly.", "This time is different has been a recurring theme during the boom and bust periods of Bitcoin's little more than a decade long existence. "

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.", "So you know, Bitcoin actually has a lot of the attributes of gold and at the same time has an unusual value in terms of transactions.""

Stellar On Bullish Momentum: 6% Up In The Last 6 Hours | Via News