Ripple is currently on bullish momentum. At 21:03 EST on Monday, 22 March, Ripple is at $0.57 and up by 11.83% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.57 and the lower value was $0.55.
Over the last twelve hours, Ripple’s higher value was $0.60 and the lower value was $0.55.
In relation to Ripple’s daily highs and lows, it’s 12.314% up from its trailing 24-hour low of $0.51 and 4.533% down from its trailing 24-hour high of $0.60.
Regarding Ripple’s yearly highs and lows, it’s 283.914% up from its 52-week low and 25.417% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s current volatility was 1.39%, 3.22%, and 4.43%, respectively.
Ripple’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 9.30% (day), 9.77% (last week), and 10.32% (last month), respectively.
Last news about Ripple
XRP purchasers back ripple, arguing that it is not a security. According to Coin Telegraph on Sunday, 21 March, “On Dec. 22, 2020, the United States Securities and Exchange Commission filed a complaint against Ripple Labs. “, “While the foregoing analysis indicates substantial flaws with the arguments in Deaton’s petition and also supports the conclusion that XRP really is an investment contract, this should not be taken as justification for the SEC’s decision to bring an enforcement action against Ripple at this point in time. “
News about Bitcoin
25 best Bitcoin gambling sites and crypto casinos in 2021. According to Business Insider on Sunday, 21 March, “With Ignition having an Unlimited 25% Bitcoin Match Bonusfor every deposit and Bovada having bitcoin bonuses on your first three deposits. “
Bitcoin network’s computing power: is it an accurate predictor of BTC price?. According to Coin Telegraph on Sunday, 21 March, “However, there have been periods of absolute dissonance, so maybe there is no direct relation between Bitcoin price and miners’ installed capacity.”, “Hash rate refers to the overall computing power involved in validating transactions on the Bitcoin (BTC) blockchain. “
Bitcoin price slides 5% after failing to break $60k — here’s why. According to Coin Telegraph on Sunday, 21 March, “Willy Woo, the prominent on-chain analyst, explained that Bitcoin has a decent chance of not going under $1 trillion market capitalization again.”, “It’s only been 3 months since Bitcoin broke the $19.7k all-time-high of the last macro cycle. “
Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months. According to Coin Telegraph on Monday, 22 March, “Shimron attributed the wild volatility in miner stocks to the lack of regulated crypto investment products in the United States, speculating that “until a Bitcoin ETF is approved, investors may view public mining companies as one of the only ways to get exposure to Bitcoin.” “Since the primary source of revenue is Bitcoin, these companies are fundamentally long [on] the industry – so investors are essentially making a ‘picks and shovels’ bet when they invest in miners.”, “Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months.”
Long-term investors continue to hodl despite $1t Bitcoin market cap. According to Coin Telegraph on Monday, 22 March, “The data shows that few long-term investors are tempted to sell their Bitcoin at current price levels, suggesting Bitcoin’s whales are hodling for higher prices and the current bull-trend could have much further to go.”, “It has also been reported that around a fifth of all BTC has been lost or stolen, suggesting the actual circulating supply of Bitcoin could be considerably lower, bolstering the scarcity of the asset.”
Skybridge capital latest to file Bitcoin ETF application with US SEC. According to Coin Telegraph on Monday, 22 March, “The filing emphasizes the trust will offer a regulated way for investors to gain exposure to Bitcoin without needing to custody the digital asset, and allow investors to execute trades through their brokers.”, “Commenting on the data to CNBC, Shimron, said:”Until a Bitcoin ETF is approved, investors may view public mining companies as one of the only ways to get exposure to Bitcoin.”
Exchange reserves plunge to pre-$61k lows: 5 things to watch in Bitcoin this week. According to Coin Telegraph on Monday, 22 March, “I’d say there’s a fair chance we’ll never see Bitcoin below $1T again.”, “Two days of disappointment has greeted Bitcoin traders as last weekend’s rally failed to see a repeat performance.”
Microsoft reportedly polling xbox users about Bitcoin payment option. According to Coin Telegraph on Monday, 22 March, “Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store.”, “After briefly halting the payment option, Microsoft resumed Bitcoin payments for its MS Store in January. “
Bitcoin searches in Turkey spike 566% after turkish lira drops 14%. According to Coin Telegraph on Monday, 22 March, “Google searches for Bitcoin (BTC) emanating from Turkey exploded in the past 24 hours, after the value of the Turkish lira dropped 14% following the firing of a central bank governor.”, “According to data from Google Trends, the number of searches for Bitcoin spiked 566% in the hours immediately following news of the lira’s demise. “
Bitcoin uptrend not over: big whales aren’t selling btc, data shows. According to Coin Telegraph on Monday, 22 March, “The price of Bitcoin (BTC) is consolidating between the $55,000 to $59,000 range, establishing the mid-$50,000 region as a support area. “, “Since the Bitcoin rally began to accelerate in November 2020, the seven-day average active address has increased in tandem. “
Anthony scaramucci is backing the latest bid for a Bitcoin ETF. According to Bloomberg Quint on Monday, 22 March, “The race for the first Bitcoin ETF in the U.S. is heating up, with another well-known name joining the bandwagon: Anthony Scaramucci.”, “While crypto-tracking products exist in Europe and the first Bitcoin ETF started in February in Canada, U.S. regulators have repeatedly batted down attempts to introduce them, citing concerns about potential manipulation and thin liquidity.”
Bitcoin is ‘more a substitute for gold than the dollar’ — fed chair powell. According to Coin Telegraph on Monday, 22 March, “Crypto assets – we call them ‘crypto assets’ – they’re highly volatile – see Bitcoin – and therefore not really useful as a store of value, and they’re not backed by anything,” he said.”They’re more of an asset for speculation, so they’re not particularly in use as a means of payment. “, “Powell’s words provide some of the most direct Fed opinions on Bitcoin to go public in recent times and build on a perspective offered in 2019. “
Bitcoin (btc/usd) backs down, ethereum (eth/usd) sets range. According to DailyFX on Monday, 22 March, “In crypto markets, both Bitcoin and Ethereum remain on their back foots after extremely strong starts to the year. “, “This entailed another fresh all-time-high as Bitcoin mounted above the 60k figure for the first time ever.”
Bitcoin dubbed ‘far too costly’ in Norway as cashlessness rules. According to Bloomberg Quint on Monday, 22 March, “On Monday, one Bitcoin traded at around $57,000, almost 900% up from its value roughly a year ago. “, “Oystein Olsen, the governor of Norges Bank in Oslo, says it’s inconceivable that Bitcoin — the most popular cryptocurrency — will replace the money that’s currently controlled by central banks.”
Time magazine seeks CFO comfortable with Bitcoin and crypto. According to Coin Telegraph on Monday, 22 March, “According to the job details listed on LinkedIn, Time is seeking a chief financial officer with more than seven years of experience in executive leadership positions and who has “comfort with Bitcoin and cryptocurrencies.” The position will be based in the magazine’s corporate offices in New York City.”
Streaming tokens surge as Bitcoin price drops to the $54,000 support. According to Coin Telegraph on Monday, 22 March, “On-chain analysis shows that while BTC price struggles to climb back above $60,000, whale wallets have been in accumulation mode over the past 30 days indicating that some of the wealthiest Bitcoin holders still see more upside for the current bull market. “, “The macro picture for the cryptocurrency sector continues to improve as the globally recognized TIME magazine revealed that it is looking for a CFO who is comfortable with Bitcoin and cryptocurrencies as the publication has begun exploring the creation of one-of-a-kind non-fungible tokens based on some of its most iconic covers.”