Ripple is currently on bullish momentum. At 16:07 EST on Thu 17 Dec, Ripple is at $0.59 and up by 6.06% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.64 and the lower value was $0.59.
Over the last twelve hours, Ripple’s higher value was $0.64 and the lower value was $0.56.
Concerning Ripple’s daily highs and lows, it’s 13.788% up from its trailing 24-hour low of $0.52 and 7.547% down from its trailing 24-hour high of $0.64.
Concerning Ripple’s yearly highs and lows, it’s 414.075% up from its 52-week low and 22.956% down from its 52-week high.
News about Bitcoin
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. “, “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. “
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, “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.”, “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, “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. “, “The New York-based firm will also execute all Bitcoin trading on behalf of the fund. “
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “He described executing his trades as inconspicuously as possible and finishing all the buying in November before Bitcoin hit $16,000.”, “Peters was wary of triggering a spike in the prices of Bitcoin or Ether. “
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.””, “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, “I personally think Bitcoin replacing the dollar is a pipe dream. “, “Coppola: Many investors think all this monetary and fiscal stimulus will debase fiat currencies, so cryptocurrencies — especially coins like Bitcoin that have limited supply — are attractive as inflation hedges. “
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “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.””, “His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%.”
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, “He sees the price ratio of Bitcoin-to-gold headed for 100, if history is repeated, from its current level of around 12.”, “Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. “
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin only just smashed the $20,000 mark on Wednesday.”, “Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET.”
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “When he went all-in on Bitcoin this year, it was based on a judgment call rather than any systematic signals.”, “”We saw the impact of massive printing of cash by governments around the world and so we made the decision that mostly likely Bitcoin will benefit,” he said from Miami.”
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. “