Ethereum is currently on bearish momentum. At 07:05 EST on Tuesday, 26 January, Ethereum is at $1,317.46 and down by 8.78% in the last 24 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $1,337.13 and the lower value was $1,315.83.
Over the last twelve hours, Ethereum’s higher value was $1,370.63 and the lower value was $1,315.83.
Regarding Ethereum’s daily highs and lows, it’s 0.124% up from its trailing 24-hour low of $1,315.83 and 8.068% down from its trailing 24-hour high of $1,433.08.
Concerning Ethereum’s yearly highs and lows, it’s 1284.177% up from its 52-week low and 8.018% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was a negative 5.07%, a positive 0.64%, and a positive 2.67%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.48%, 15.27%, 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’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.”, “With a whole range of logistical improvements to the Ethereum network in the works, increased institutional inflows, and more and more developers building on the platform, the future is bright for Ethereum. “
News about Bitcoin
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, “The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness.”, “According to local media, state-owned electricity firm Tavanir shut down a large Iranian-Chinese Bitcoin farm amid the power outages.”
According to Business Insider on Saturday, 23 January, “To demonstrate how he approaches swing trading, Hasson lays out his recent Bitcoin OTC trade on the podcast.”, “And this was a Bitcoin OTC name that has been consolidating for months.”
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, “The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace.”
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. “, “The fund slid 22% over the past two weeks through Jan. 22, outpacing a 17% drop in Bitcoin in the same period.”
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.”, “The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold.”
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, “Although the premium on the more than $20 billion Grayscale Bitcoin Trust (GBTC) has declined, other funds face soaring markups as retail investors clamor for crypto exposure.”, “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, “While Bitcoin has been popular for trading, “increasingly the new to market money that we are seeing is buying Bitcoin as a hedge to inflation and as digital gold,” said Matt Long, head of distribution and prime brokerage at digital-asset platform OSL in Hong Kong.”, “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, “What would Bitcoin really be worth if, in order to care for the world it set out to revolutionize, it changed its algorithm, or if miners unhooked themselves from cheap power? “, “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. “