Ethereum is currently on bullish momentum. At 09:05 EST on Thursday, 28 January, Ethereum is at $1,338.90 and up by 4.68% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $1,338.90 and the lower value was $1,278.99.
Over the last twelve hours, Ethereum’s higher value was $1,338.90 and the lower value was $1,271.16.
Concerning Ethereum’s daily lows, it’s 9.188% up from its trailing 24-hour low of $1,226.23
About Ethereum’s yearly highs and lows, it’s 1306.703% up from its 52-week low and 6.521% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was a negative 8.29%, a negative 1.61%, and a positive 2.00%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.57%, 14.57%, and 13.73%, respectively.
Last news about Ethereum
According to FX Empire on Monday, 25 January, “Chainlink (+6.47%) and Ethereum (+13.09%) also found support to buck the trend in the week.”
According to CNBC on Monday, 25 January, “Ether, the digital token of the Ethereum blockchain, notched a new all-time high of $1,476 early Monday morning. “, “Ether’s latest price movement was attributed to increased use of Ethereum – its underlying network that is undergoing a major upgrade – and interest from institutional investors in crypto.”
According to Bloomberg Quint on Tuesday, 26 January, “Cumulative fees for processing transactions on the network are now the third-biggest in crypto, behind only Ethereum and Bitcoin, Kwon said.”
News about Bitcoin
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, “The pace of flows into the $20 billion Grayscale Bitcoin Trust “appears to have peaked” based on four-week rolling averages, JPMorgan strategists led by Nikolaos Panigirtzoglou said in a note Friday. “, “Cryptocurrency enthusiasts counting on Bitcoin to bounce back above the $40,000 level face a challenge due to faltering demand for the biggest fund tracking the digital asset, according to JPMorgan Chase & Co.”
80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, “This includes numerous governments, financial institutions, and early Bitcoin investors/miners.”, “Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).”
Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, “The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.”, “After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S.”
Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, “The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. “, “Saylor invested $425 million of his company’s $500 million cash into Bitcoin last year. “
Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, “Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.”, “It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. “
According to Business Insider on Tuesday, 26 January, “Of the two, the Roth version might have an edge, says Bogner, especially “if you are of the mindset that Bitcoin is going to explode” in price in the future. “
Bitcoin seen topping $50,000 long term as it vies with gold. According to Bloomberg Quint on Tuesday, 26 January, “We’re talking about Bitcoin over the next three, five, 10 years slowly inching away at gold’s market capitalization,” Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore, said in an online question and answer session with Bloomberg Tuesday. “, “Predicting a price for Bitcoin is challenging but it’s likely to rise longer term as funds and family offices assign 0.5% or 1% of their portfolios to it, Long added.”
Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, “Institutional investors diving into Bitcoin -namely hedge funds -areeager to promote its unpredictable price swings as the sign of a new asset class in the making. “, “Even Ray Dillinger, part of the early digital-cash movement that spawned cryptocurrencies, recentlysaid Bitcoin had wasted “enormous resources of energy” on the back of taxpayer-subsidized electricity with the encouragement of exactly the sort of authoritarian governments it claimed to fight against. “
South Africa cracks down on Bitcoin after alleged ponzi scheme. According to Bloomberg Quint on Tuesday, 26 January, “South Africa’s finance-industry regulator wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a Bitcoin trader, alleged to be the country’s largest Ponzi scheme.”, “MTI — which in November claimed it had 260,000 members and 23,000 Bitcoin now worth about $740 million — was placed in provisional liquidation last month after clients battled to withdraw funds. “
Skybridge’s anthony scaramucci talks up new Bitcoin fund, crypto’s ‘exponential liftoff’. According to Business Insider on Wednesday, 27 January, “It’s already happening,” he said, citingBlackRock Inc.’s adding Bitcoin futures as an eligible investment to two of its funds.”, “Accredited investors can subscribe directly to SkyBridge Bitcoin Fund, which requires a minimum investment of $50,000.”
Crypto’s young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, “While Bitcoin prices tend to move in the realm of 5% to 10% a day, it’s not uncommon for the mining stocks to swing 20%. “, “Marathon Patent Group has computers in Montana and North Dakota, and recently announced it bought $150 million worth of Bitcoin for its Treasury reserves.”
Bitcoin tumbles back below $30,000 as record momentum fades. According to Bloomberg Quint on Wednesday, 27 January, “Companies such as MicroStrategy Inc., Square Inc., and crypto miner Marathon Patent Group Inc. have all added some of their company’s cash reserves into Bitcoin amid the rally.”
Bitcoin ‘might break down altogether,’ BIS head carstens warns. According to Bloomberg Quint on Wednesday, 27 January, “Investors must be cognizant that Bitcoin may well break down altogether,” because the system becomes vulnerable to majority attacks as it gets close to its maximum supply of 21 million coins, BIS General Manager Agustin Carstens said in a speech for the Hoover Institution on Wednesday.”
Microstrategy bond buyers rewarded with ‘win-tie’ Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, “When the enterprise software maker issued convertible debt in December with the intention of using the proceeds to add to its Bitcoin pile, the company opened a backdoor for bond investors to play the crypto craze.”, “The midpoint of that range would imply an estimated Bitcoin stash worth around 22% of its $5 billion market capitalization.”