Ethereum is currently on bullish momentum. At 05:05 EST on Friday, 29 January, Ethereum is at $1,370.54 and up by 4.86% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $1,370.54 and the lower value was $1,301.88.
Over the last twelve hours, Ethereum’s higher value was $1,370.54 and the lower value was $1,301.88.
Regarding Ethereum’s daily lows, it’s 5.641% up from its trailing 24-hour low of $1,297.36
Concerning Ethereum’s yearly highs and lows, it’s 1339.945% up from its 52-week low and 4.312% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was 3.58%, 2.22%, and 2.11%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 7.78%, 11.99%, and 13.77%, respectively.
Last news about Ethereum
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
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, “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.”, “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. “
Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, “One Bitcoin transaction would generate the CO2 equivalent to 706,765 swipes of a Visa credit card, according to Digiconomist’s closely-followed index, albeit with none of the convenience of plastic. “, “Fidelity Digital Assets’ defense of Bitcoin’s energy inefficiency, for example, is that it gets you Bitcoin in return.”
South Africa cracks down on Bitcoin after alleged ponzi scheme. According to Bloomberg Quint on Tuesday, 26 January, “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. “, “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.”
Skybridge’s anthony scaramucci talks up new Bitcoin fund, crypto’s ‘exponential liftoff’. According to Business Insider on Wednesday, 27 January, “Accredited investors can subscribe directly to SkyBridge Bitcoin Fund, which requires a minimum investment of $50,000.”, “It’s already happening,” he said, citingBlackRock Inc.’s adding Bitcoin futures as an eligible investment to two of its funds.”
Crypto’s young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, “And the fact that Bitcoin miners tend to be unprofitable or just barely in the black isn’t much of a deterrent.”, “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, “Even if Bitcoin goes down 30% to 40%, the company still has enough to pay this bond off easily.”, “So when the price of Bitcoin doubled, so did MicroStrategy’s shares, pushing the convertible deep into the money. “
Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “Bridgewater Associates founder Ray Dalio said Bitcoin is “one hell of an invention” and he’s considering cryptocurrencies as investments for new funds offering clients protection against the debasement of fiat money.”, “While Bitcoin has the potential to make investors “very rich” as well as “disrupt the existing monetary system,” there are risks. “