Ripple is currently on bullish momentum. At 19:03 EST on Saturday, 20 March, Ripple is at $0.54 and up by 14.42% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.54 and the lower value was $0.52.
Over the last twelve hours, Ripple’s higher value was $0.54 and the lower value was $0.49.
Regarding Ripple’s daily highs and lows, it’s 14.638% up from its trailing 24-hour low of $0.47 and 0.222% down from its trailing 24-hour high of $0.54.
Concerning Ripple’s yearly highs and lows, it’s 261.126% up from its 52-week low and 29.844% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s current volatility was 0.36%, 2.52%, and 4.23%, 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 3.24% (day), 7.54% (last week), and 10.02% (last month), respectively.
Last news about Ripple
Ripple appoints former Uber exec to lead southeast asian expansion. According to Coin Telegraph on Friday, 19 March, “We’re excited to welcome Brooks to lead the charge as Ripple doubles down on efforts to further our phenomenal growth in the region,” said Birla.”, “Brooks Entwistle joins Ripple after serving as Uber’s chief business officer, leading the firm’s growth and navigating regulatory issues throughout the Asia Pacific. “
News about Bitcoin
Nydig head says major firms will announce Bitcoin ‘milestones’ next week. According to Coin Telegraph on Wednesday, 17 March, “Last month, NYDIG submitted paperwork with the United States Securities and Exchange Commission to launch a new Bitcoin (BTC) exchange-traded fund.”, “Interestingly, one of the products NYDIG offers to partner firms is called ‘Corporate Treasury’, entailing a suite of treasury solutions purpose-built to enable corporations tpo hold Bitcoin.”[The announcements] are going to mark progressively new points in Bitcoin adoption, Bitcoin availability, Bitcoin products and services within the existing traditional financial landscape.”
Bitcoin. stablecoin. cbdc. who changed my money?. According to Bloomberg Quint on Wednesday, 17 March, “That belief reflected in the 672% rise in the price of Bitcoin since the start of 2020. “
Retail traders buying more Bitcoin than institutions: JPMorgan. According to Coin Telegraph on Wednesday, 17 March, “He added that while “meme-stock” trading burnt many retail traders, Bitcoin has remained overwhelmingly bullish and has been their “bread and butter” during the pandemic.”, “S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms.”
Bitcoin mine heat-recycling firm mintgreen closes seed round led by coinshares. According to Coin Telegraph on Wednesday, 17 March, “MintGreen is a Canadian-based firm that builds and operates immersive Bitcoin mining systems with clean sourced energy.”, “However, mainstream analysis often overlooks the fact that most Bitcoin mines are powered by renewable energy that would otherwise go to waste, Cambridge University’s 3rd Global Cryptoasset Benchmarking Study revealed more than three-quarters of miners use renewable energy sources.”
Don’t count on Bitcoin to be a sure-thing inflation hedge. According to Bloomberg Quint on Wednesday, 17 March, “I’m still hesitant to think that Bitcoin tells us anything about high-frequency economic variables.”-With Katie GreifeldRead more: Bitcoin Has Zero Intrinsic Value. “, “Certainly we have no shortage of global macro investors for whom adding Bitcoin has acted for them as a hedge for inflation.”
Bitcoin surge is ‘significant’ investor risk, EU watchdog warns. According to Bloomberg Quint on Wednesday, 17 March, “Europe’s top markets regulator warned investors that they’re exposed to “significant risks” from the rapid rise in Bitcoin and other cryptocurrencies.”
Bullish Bitcoin trading in korea provides tailwinds for kakao share price. According to Coin Telegraph on Wednesday, 17 March, “At the time, BTC and the crypto market enjoyed a frenzied bull market that saw Bitcoin almost eclipsing the $20,000 mark in mid-December 2017.”, “Quoting comments from analysts Mirae Asset Daewoo – a South Korean brokerage outfit – The Korea Herald has reported that the chat app operator stands to benefit from the ongoing enthusiasm in the Bitcoin (BTC) market.”
Bitcoin price dips under $55k as US bond yields touch 13-month high. According to Coin Telegraph on Wednesday, 17 March, “On the topic of institutional involvement, meanwhile, this week was tipped by Bitcoin investment firm NYDIG to bring significant announcements from prospective large-volume corporate investors.”, “I think – I don’t think, I know – starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestone from some of these firms that are really going to mark each progressively new point in Bitcoin adoption, Bitcoin availability, Bitcoin products and services within the existing traditional financial landscapes,” he said.”
Bitcoin suisse pulls bank application amid regulatory concerns. According to Bloomberg Quint on Wednesday, 17 March, “Crypto broker Bitcoin Suisse AG withdrew its application for a banking license in Switzerland after regulator Finma flagged potential weaknesses in the firm’s money laundering defense mechanisms.”, “The application process has shown the need for further reviews of the anti-money laundering framework and potential enhancements,” Bitcoin Suisse said in a statement Wednesday, adding that it may re-apply at a later date. “
Swiss regulators reject Bitcoin suisse’s banking license application. According to Coin Telegraph on Wednesday, 17 March, “Earlier this year, Bitcoin Suisse rolled out a payments solution that allows residents of the canton to pay their taxes in cryptocurrency. “, “Speaking to Cointelegraph, Bitcoin Suisse CEO Arthur Vayloyan remained optimistic, stating that the firm still has “so many options on the table.” He explained that the firm’s reputation for cryptocurrency storage and trading has put it in an ideal position as institutional adoption of digital assets grows exponentially.”
Biggest Bitcoin fund provider to offer different crypto trusts. According to Bloomberg Quint on Wednesday, 17 March, “Grayscale Investments LLC, the company behind the world’s largest Bitcoin fund, is offering new trusts to invest specifically in five different cryptocurrencies.”, “The new products bring Grayscale’s total single-asset lineup to 13, with the $34 billion Grayscale Bitcoin Trust (ticker GBTC) the largest.”
UK advertising watchdog cuts ‘irresponsible and misleading’ Bitcoin ad. According to Coin Telegraph on Wednesday, 17 March, “Thanks to Coinfloor’s Autobuy service, buying and holding Bitcoin has never been easier…”, “The ad was also alleged to be socially misleading because “It suggested that purchasing Bitcoin was a good or secure way to invest one’s savings or pension.”
Market brawl breaks out ahead of fed with tech, Bitcoin battered. According to Bloomberg Quint on Wednesday, 17 March, “Since some investors see the Bitcoin rally at least partly fueled by liquidity, less accommodation will create some headwinds for the cryptocurrency.”, “While crypto advocates pitch Bitcoin as digital gold and a hedge for rising price pressures, it tends to move in tandem with stocks. “
According to CNBC on Wednesday, 17 March, “The Galaxy Bitcoin Fund LP and FS NYDIG Select Fund have minimum investments of $25,000, while the Galaxy Institutional Bitcoin Fund LP has a $5 million minimum.”
Bofa slams Bitcoin: ‘impractical as A store of wealth or payments mechanism’. According to Business Insider on Wednesday, 17 March, “Reprisk, an ESG tracker, found 181 companies faced risks linked to Bitcoin around money laundering, corruption, bribery, fraud, and breaches of data privacy,” Blanch said.”, “Related Link: Survey Finds 72% Of Investors Believe Bitcoin Experiencing Another Bubble”
Morgan stanley to offer rich clients access to Bitcoin funds. According to Bloomberg Quint on Wednesday, 17 March, “While futures contracts based on Bitcoin and Ether, the second-largest digital currency, are available at major exchanges, none of the six biggest U.S. banks have until now offered their customers access.”, “Morgan Stanley’s head of digital-asset markets, Andrew Peel, has said in recent months the bank has fielded more interest in Bitcoin from traditional financial firms.”
$288k by December? Bitcoin ‘will not stop at $100k’ says stock-to-flow creator. According to Coin Telegraph on Wednesday, 17 March, “But Bitcoin hasn’t deviated from it – yet.”Bitcoin stock-to-flow chart with highlighted deviation. “, “With Bitcoin trading sideways below both its recent peaks of $58,300 and $61,700, investors are curious about where the 2021 bull run may end.”
Tesla May have made more money holding Bitcoin than selling cars. According to Coin Telegraph on Wednesday, 17 March, “While the exact BTC purchase size was not revealed in the document, with Bitcoin trading between $29,000 and $37,000 in January, Tesla’s $1.5 billion outlay could mean the company holds at least 40,000 BTC.”, “It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission.”
Morgan stanley introduces Bitcoin investing for millionaire clients. According to Coin Telegraph on Wednesday, 17 March, “Based on fresh intel via an “internal memo”, as reported on by CNBC, Morgan Stanley will give clients access to Bitcoin (BTC) investing, though only under specific conditions.”, “Participants in Morgan Stanley’s wealth management wing can gain access to Bitcoin through Galaxy Digital’s Bitcoin Fund LP and Institutional Bitcoin Fund LP, as well as FS Investments’ FS NYDIG Select Fund, although allocation is capped at 2.5% of each client’s overall wealth.”
High priced $80k Bitcoin options signal pro traders expect more upside. According to Coin Telegraph on Wednesday, 17 March, “Betting on an $80,000 Bitcoin call options for June doesn’t seem outrageous given BTC’s bullish performance over the past few weeks. “
$60k Bitcoin price back in sight after morgan stanley and fed announcements. According to Coin Telegraph on Wednesday, 17 March, “Data from Cointelegraph Markets and TradingView shows that Bitcoin struggled below the $57,000 level during early trading hours until the announcement from the U.S. Federal Reserve sparked a rally which took BTC to an intraday high of $58,243. “
Bank of America analyst slams Bitcoin: buying 1 BTC is ‘like owning 60 cars’. According to Coin Telegraph on Thursday, 18 March, “Bitcoin has also become correlated to risk assets, it is not tied to inflation, and remains exceptionally volatile, making it impractical as a store of wealth or payments mechanism,” the Bank of America researcher stated.”As such, the main portfolio argument for holding Bitcoin is not diversification, stable returns, or inflation protection, but rather sheer price appreciation, a factor that depends on Bitcoin demand outpacing supply.”, “While Bitcoiners often cite figures suggesting that between 39% and 76% of Bitcoin mining uses renewable energy, BoA’s report asserts that in fact three quarters of BTC mining occurs in China where more than half of electricity is produced by coal. “
‘deflationary’ eth2 could flip Bitcoin: messari analyst. According to Coin Telegraph on Thursday, 18 March, “He posted the question: “If Ethereum is more secure and it [has] a stronger monetary policy, well then what is the bull case for Bitcoin in this scenario?”, “Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ethereum could overtake Bitcoin as the largest crypto asset once its Eth2 and Proof-of-Stake overhaul is complete.”
According to Business Insider on Thursday, 18 March, “Responding to the announcement, the Documenting Bitcoin team said: “You can now send and receive #bitcoin for free on Cash App as easily as you can send dollars! “
Bitcoin worth the risk for stimulus check recipients despite pressing needs: poll. According to Coin Telegraph on Thursday, 18 March, “Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in cryptocurrencies like Bitcoin (BTC), a new poll reveals.”, “Of that group, around half invested in cryptocurrencies like Bitcoin and Ether (ETH) specifically.”
SEC has 45 days to respond to vaneck Bitcoin ETF filing. According to Coin Telegraph on Thursday, 18 March, “With the change in leadership at the commission following Jay Clayton’s departure back in December 2020, firms in the U.S. are trying once again for a Bitcoin ETF. “, “According to the details of the complaint, SolidX said VanEck acted in bad faith by going ahead to file a Bitcoin ETF based on its work.”
Bitcoin can be sent with a tweet as bottlepay twitter app goes live. According to Coin Telegraph on Thursday, 18 March, “Bottlepay’s social Bitcoin payments are a much-needed update on the clunky, outdated payment systems available up until now, and a leap towards smoother, easier transactions,” said Bottlepay CEO Mark Webster.”, “Transactions between Twitter users can now apparently take place using the simple tweet template “@bottlepay send 1,000 sats to @twitteruser.” The command can be executed from directly within the Twitter app, and the Bitcoin is transferred from one user to another automatically.”
Bitcoin ‘better than gold’ if you study it, fund manager tells mainstream media. According to Coin Telegraph on Thursday, 18 March, “The comments fly in the face of staunch gold bugs, notably Peter Schiff, who remains convinced that Bitcoin will fail, leaving gold as the sole choice to escape the perils of central bank economic policy.”, “Continuing, Scaramucci stressed that Bitcoin fulfilled the role of money as technology – a central argument among Bitcoin proponents such as “The Bitcoin Standard” author Saifedean Ammous.”In a lot of ways, if you study it, it’s better than gold. “
Ethereum fails to break out vs. Bitcoin as treasury yields soar — will ETH relief rally?. According to Coin Telegraph on Thursday, 18 March, “Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USDrallying by more than 8% on March 18.”, “The 10-year U.S. Treasury yield’s momentum is likely the main catalyst behind Bitcoin and ETH’s weakening momentum in the past 12 hours, as the inverse correlation shows in the chart below.BTC/USD (blue) vs. ETH/USD (orange) vs. TY10 (light blue). “
Would a US wealth tax push millionaires to Bitcoin adoption?. According to Coin Telegraph on Thursday, 18 March, “It’s foolish to think that they (as well as anyone) will look to Bitcoin as a way to ‘hide’ their wealth given that bitcoin leaves a permanent digital footprint.”Better ways”, “Douglas Borthwick, chief marketing officer at digital asset firm INX, said that viewing digital assets and Bitcoin (BTC) as a place to hide wealth is “rather off-base.” While U.S. tax residents can still buy Bitcoin on offshore platforms without rigorous Know Your Customer and Anti-Money Laundering requirements in place, there are serious risks associated with delivery and custody. “
Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s clothing. According to Coin Telegraph on Thursday, 18 March, “These stocks are either companies that hold Bitcoin as a treasury asset or companies in industries complementary to the cryptocurrency industry.”, “On top of Grayscale, two Bitcoin exchange-traded funds have launched in the Canadian markets called Purpose ETF and Evolve ETF. “
Bitcoin bulls ‘hold back’ as btc’s monthly futures expiry approaches. According to Coin Telegraph on Thursday, 18 March, “Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin began increasing in the late-night trading hours on March 17 and it briefly crossed above $60,150 before meeting overhead resistance. “, “For Lilly, this indicates that parties interested in buying Bitcoin have begun to “ramp-up” their activities as the market moves higher.”
Fiat food? Bitcoin big mac index crashes below 10,000 satoshis for the first time ever. According to Coin Telegraph on Friday, 19 March, “As Saifedean Ammous argues in “The Bitcoin Standard,” both the trillion-dollar forex market and the rise of the nutritionally controversial burger are the results of the abandonment of the gold standard and the embrace of money with no supply limit, and the resulting desire for instant gratification at the expense of long-term prosperity.”, “Gold may buy less and less Bitcoin (BTC) this year, but another measure of the cryptocurrency’s strength has just hit a historic milestone.”
SBI crypto’s Bitcoin mining pool goes public. According to Coin Telegraph on Friday, 19 March, “It mines three assets, Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV), with a revenue measured in dollars per terahash per day of$0.3897,$0.3805and$0.3519respectively.”, “SBI Holdings’ multiple cryptocurrency ventures via various subsidiaries to date have included theintroduction of a Bitcoin lending service through its crypto investment subsidiary SBI VC Tradeandacquisition of crypto exchange TaoTao via itsforeign exchange and derivatives arm.”
Bitcoin is now ‘too important to ignore’, deutsche bank says. According to Coin Telegraph on Friday, 19 March, “The firm emphasized that central banks and governments now “understand that Bitcoin and other cryptocurrencies are here to stay” and thus are expected to start regulating them by late 2021.”, “Bitcoin is expected to “remain ultravolatile” in the short term, Deutsche Bank analysts concluded, forecasting a turning point for Bitcoin in the next “two or three years” as a consensus about its future may emerge.”
Supercycle May propel Bitcoin over $1 million, kraken’s dan held says. According to Coin Telegraph on Friday, 19 March, “According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million.”, “Held is also convinced that once Bitcoin will reach its full potential as digital gold, it will challenge governments’ monopoly over money.”
Bitcoin price facing final resistance before $68k?. According to Coin Telegraph on Friday, 19 March, “The bearish divergence becomes valid once previous resistance zones turn into resistances once again, but more importantly, once the price of Bitcoin starts to make lower lows.”
Bitcoin miners back hash rate derivative defi project on BSC. According to Coin Telegraph on Friday, 19 March, “Standard Hashrate is backed by a group of major Bitcoin miners, including Atlas Mining, Btc.”, “Announced on Friday, the TAU project aims to create algorithmic versions of Bitcoin and other proof-of-work assets through a revisited rebase mechanism. “
Key Bitcoin price metric shows pro traders increased their BTC longs. According to Coin Telegraph on Friday, 19 March, “After marking a $61,750 all-time high on March 13, Bitcoin has been trying to find new support levels. “, “This data corroborates with the exchanges’ long-to-short ratio and displays investors confidence in Bitcoin breaking to a new all-time high in the short-term.”
According to Business Insider on Friday, 19 March, “The Purpose Bitcoin ETF was approved in Canada and launched by Purpose Investments in mid-February on the Toronto Stock Exchange. “, “That’s less than half the cost of the popular Grayscale Bitcoin Trust, which charges an annual fee of 2.00% and is now the largest public holder of bitcoin.”
Bullishness for Bitcoin continues despite its struggle to reclaim $60,000. According to Coin Telegraph on Friday, 19 March, “Global signs of adoption continue to emerge as the first Bitcoin ETF in Latin America was approved in Brazil, making it the fourth ETF to be approved in the western hemisphere following three recently launched ETFs in Canada. “, “According to Steinglass, “it will take a bit of chipping away to break through $60,000 with any kind of authority,” but the recent strength displayed by Bitcoin “in the face of stiff macro headwinds” indicates no reason for the bullish momentum to stop.”