Ripple On Bearish Momentum: 7.06% Down In The Last 6 Hours

Ripple is currently on bearish momentum. At 17:03 EST on Saturday, 30 January, Ripple is at $0.40 and down by 7.06% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.43 and the lower value was $0.38.

Over the last twelve hours, Ripple’s higher value was $0.43 and the lower value was $0.32.

Concerning Ripple’s daily highs and lows, it’s 42.179% up from its trailing 24-hour low of $0.28 and 7.419% down from its trailing 24-hour high of $0.43.

In relation to Ripple’s yearly highs and lows, it’s 245.873% up from its 52-week low and 48.164% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was 9.68%, 0.52%, and 1.02%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 19.08%, 7.32%, and 12.62%, respectively.

Last news about Ripple

According to Business Insider on Wednesday, 27 January, “For people who are interested in trading the emerging asset class that is Cryptocurrency with Bitcoin, Ethereum, Litecoin and Ripple all part of the product range.”

News about Bitcoin

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.”, “SkyBridge initiated a position, valued at about $310 million earlier this month, in funds investing in Bitcoin during November and December 2020.”

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.”, “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%. “

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, “MicroStrategy’s widely broadcast bullish bet on Bitcoin in July 2020, detailing a shift in its cash strategy, tied its shares to crypto. “, “The midpoint of that range would imply an estimated Bitcoin stash worth around 22% of its $5 billion market capitalization.”

Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “While Bitcoin has the potential to make investors “very rich” as well as “disrupt the existing monetary system,” there are risks. “, “Dalio said he thinks of Bitcoin as a “long-duration option on a highly unknown future” and investing in it means recognizing the potential to lose about 80%.”

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”

Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”

What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “Bloomberg Wealth has also written a couple of “how to” guides on Bitcoin investing.”, “Unlike the foreign exchange trading programs, which allow inexperienced investors to apply large leverage to trading currencies, your losses with Bitcoin are limited to your initial stake. “

Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”