Over the last six hours, Ethereum’s higher value was $1,421.67 and the lower value was $1,335.44.
Over the last twelve hours, Ethereum’s higher value was $1,421.67 and the lower value was $1,316.56.
Regarding Ethereum’s daily highs and lows, it’s 7.984% up from its trailing 24-hour low of $1,316.56 and 2.995% down from its trailing 24-hour high of $1,465.56.
In relation to Ethereum’s yearly highs and lows, it’s 1393.665% up from its 52-week low and 30.183% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was 0.96%, 5.68%, and 4.20%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 6.36%, 14.35%, and 9.37%, respectively.
Last news about Ethereum
According to Bloomberg Quint on Thursday, 25 February, “The firm uses part of its revenue to pay out prizes to winners each week that are denominated in ether, the cryptocurrency native to the Ethereum blockchain that powers Sorare.”
According to Bloomberg Quint on Thursday, 25 February, “The firm said the three-year probe covers areas including an event in the Ethereum market, trades in 2017 by an employee who has since left the firm, the listing of the Bitcoin Cash product and how the platform manages liquidity using algorithms.”
According to Bloomberg Quint on Saturday, 27 February, “Among them, it has stakes in Etherscan, the block explorer used for the Ethereum blockchain; Fintech Zoom, a crypto news service; Genesis Global Trading, one of the largest over-the-counter crypto dealers and lenders; Chainalysis, a blockchain forensics firm; Decentraland, a virtual world built on Ethereum that sells plots of digital land and has its own cryptocurrency Mana.”
News about Bitcoin
JPMorgan says investors could make Bitcoin 1% of portfolios. According to Bloomberg Quint on Thursday, 25 February, “BNY Mellon has announced plans to hold, transfer and issue the digital currency for its clients, while assets in the Grayscale Bitcoin Trust have more than doubled to $33.5 billion since December.”, “Through the insatiable buy-side pressure from exchange-traded fund issuers, close-ended funds and large public corporations adding Bitcoin to their positions, demand is massively outstripping supply,” said Annabelle Huang, partner at Amber Group.”
Wood says Bitcoin has trillions in market cap potential. According to Bloomberg Quint on Thursday, 25 February, “When you think the market cap of Bitcoin is roughly $950 billion, think about that in the context of an Apple,” she said. “, “Wood also discussed the prospects for a Bitcoin exchange-traded fund approval in the U.S., especially if Gary Gensler is confirmed as chairman of the Securities and Exchange Commission.”
According to Fintech Zoom on Thursday, 25 February, “Since holders of Bitcoin and single name stocks have the same risk preference around macro shocks such as in interest rates, there is a risk of simultaneous deleveraging in both of these assets.”
Bitcoin rally sends 3 signals to governments. According to Bloomberg Quint on Thursday, 25 February, “Others have been pushed to Bitcoin in search ofa financial risk mitigator when yields on government bonds are low, though a little less so recently, and when their traditional negative correlation with risk assets, such as stocks, has weakened significantly. “, “What is happening to the price of Bitcoin is indicative of broader developments that are relevant to the design and effectiveness of policies.”
Biggest Bitcoin fund sinks to a discount as traders flee. According to Bloomberg Quint on Thursday, 25 February, “The $32 billion Grayscale Bitcoin Trust (ticker GBTC) has plunged 20% this week, outpacing a 13% decline in the world’s largest cryptocurrency. “, “It’s almost like the price of GBTC is an amplified version of Bitcoin price.”
Bitcoin heads for worst weekly slide in a year amid risk selloff. According to Bloomberg Quint on Friday, 26 February, “While Bitcoin is often touted as the new “digital gold,” the yellow metal is winning out at the moment with spot gold holding at $1,768 per ounce, down less than 1% for the week. “, “The trust has slumped 20% this week, with losses at one point racing past its underlying asset, as a once-massive price premium over Bitcoin has evaporated as investors cashed in on those gains, he said.”
A look under the hood of one of the world’s first Bitcoin etfs. According to Fintech Zoom on Friday, 26 February, “Fintech Zoom spoke with Raj Lala, President and CEO, and Elliot Johnson, Chief Investment Officer at Evolve ETFs, who are the key principals responsible for shaping the Evolve Bitcoin ETF (TSX:EBIT).”, “In describing how they crafted EBIT to best deliver direct exposure to bitcoin with as low of a cost barrier as possible, Johnson highlighted the existing financial infrastructure that had taken shape over the intervening five years, from the creation of closed-end fund like the Grayscale Bitcoin Trust (OTC:GBTC) to the CME Group’s launch of bitcoin futures.”
According to Fintech Zoom on Saturday, 27 February, “Wood, whose firm holds more thanseven million shares in the Grayscale Bitcoin Trust, believes that the digital token still has “trillions of dollars of market cap potential.”
5 reasons Bitcoin is superior to gold. According to Fintech Zoom on Saturday, 27 February, “Transferability: Bitcoin is a digital asset, so it can be sent via the internet to anyone around the world with a connected device. “, “Liquidity: Bitcoin is sold on any number of large, billion-dollar exchanges in a matter of seconds. “
Bitcoin whales are a mixed blessing. According to Bloomberg Quint on Sunday, 28 February, “In the absence of government coercion, Bitcoin nodes support the network’s consensus rules by engaging in economic activity.”, “This control became apparent in 2017, when the founder of Grayscale Bitcoin Trust organized a group of Bitcoin corporate execsto propose a controversial change to the core protocol.”