Ripple On Bullish Momentum: 3.51% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 12:07 EST on Sat 19 Dec, Ripple is at $0.60 and up by 3.51% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.60 and the lower value was $0.58.

Over the last twelve hours, Ripple’s higher value was $0.60 and the lower value was $0.57.

In relation to Ripple’s daily highs and lows, it’s 6.464% up from its trailing 24-hour low of $0.56 and 0.633% down from its trailing 24-hour high of $0.60.

Regarding Ripple’s yearly highs and lows, it’s 417.984% up from its 52-week low and 22.37% down from its 52-week high.

News about Bitcoin

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 has almost tripled this year.”

Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, “Canadian mutual fund manager CI Financial Corp. completed a $72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally.”, “The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. “

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.”, “A hedge fund specializing in volatility bets has emerged as one of the largest investors in Bitcoin after quietly buying more than $600 million in cryptocurrencies and joining forces with Alan Howard, the co-founder of Brevan Howard Asset Management.”

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, “While Bitcoin is great as a billionaire’s speculative plaything, it’s hardly auseful digital currency or safe haven investment for the average punter. “, “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.””

Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “Coppola: Bitcoin is clearly on a tear, and this will attract investors looking for yield, including institutional investors who are getting short commons at the moment because of very low yields. “, “Coppola: There’s a small minority of holders who believe Bitcoin will eventually replace the dollar. “

Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “”Our fundamental work shows that Bitcoin should be worth about $400,000,” Minerd told Bloomberg Television on Wednesday. “, “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. “

Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, “”Fed stimulus may have given it an extra kick but, let’s face it, Bitcoin doesn’t need it. “, “Bitcoin’s scarcity combined with “rampant money printing” by the Federal Reserve mean the digital token should eventually climb to about $400,000, Scott Minerd, the chief investment officer at Guggenheim, said on Bloomberg TV on Wednesday.”

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin’s 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. “, “Bitcoin only just smashed the $20,000 mark on Wednesday.”

Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Florin Court, which trades a large number of assets in addition to Bitcoin, is up 0.9% this year, Greenig said.”, “That means going into Bitcoin’s 25% slide in March, for example, it was fully hedged. “

Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,

Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,

Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,

Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, “Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. “

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, “Bitcoin is a cryptocurrency, a form of private, electronic money whose transactions are validated using cryptography, the science of encrypting and decrypting information. “, “”The best argument for Bitcoin’s future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited,” says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities.”

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “It’s much more institutional than it was in the past and I think that raises the likelihood that we’ll see a Bitcoin ETF sooner than later,” he said.”, “Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin’s price is $22,800 per coin. “, “”That’s not to say advisors can’t learn how to use crypto apps or Cash App, but if you want to get Bitcoin in existing legacy financial systems — where almost all the money is — you need something that works in that system.””