Ripple On Bullish Momentum: 10.21% Up In The Last 24 Hours

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Ripple is currently on bullish momentum. At 02:03 EST on Sunday, 21 March, Ripple is at $0.53 and up by 10.21% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.53 and the lower value was $0.52.

Over the last twelve hours, Ripple’s higher value was $0.54 and the lower value was $0.52.

About Ripple’s daily highs and lows, it’s 10.688% up from its trailing 24-hour low of $0.48 and 1.611% down from its trailing 24-hour high of $0.54.

Concerning Ripple’s yearly highs and lows, it’s 256.099% up from its 52-week low and 30.82% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s current volatility was 11.84%, 3.60%, and 4.60%, 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 17.59% (day), 9.09% (last week), and 10.38% (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.”, “General manager of RippleNet, Asheesh Birla, said Entwistle’s appointment was indicative of the need for region-specific knowledge as Ripple negotiates with banks from various countries in Southeast Asia.”

News about Bitcoin

Bank of America analyst slams Bitcoin: buying 1 BTC is ‘like owning 60 cars’. According to Coin Telegraph on Thursday, 18 March, “Even at the overall pro-Bitcoin Goldman Sachs, some divisions have made similar criticisms of Bitcoin, while other divisions talk up Bitcoin as the future.”, “Leaving no criticism alone, Blanch also noted 181 companies faced risks linked to Bitcoin around “money laundering, corruption, bribery, fraud, and breaches of data privacy” and that Central Bank Digital Currencies also pose tremendous long term threats to Bitcoin.”

‘deflationary’ eth2 could flip Bitcoin: messari analyst. According to Coin Telegraph on Thursday, 18 March, “Watkins also noted the “massive” and “diverse” economy being built on Ethereum, suggesting the network’s booming decentralized application sector will attract new users at a greater pace than Bitcoin over time.”, “The index suggests Ethereum has already overtaken Bitcoin by node count, transaction count, and total transaction fees.”

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, “Now, the SEC has to approve, decline or extend the review period for the Bitcoin ETF filing within the 45-day window. “, “The United States Securities and Exchange Commission now has 45 days to deliver an initial decision on the VanEck Bitcoin (BTC) exchange-traded fund filing having officially published the company’s submission on its website on March 15.”

Bitcoin can be sent with a tweet as bottlepay twitter app goes live. According to Coin Telegraph on Thursday, 18 March, “Given the extent to which Bitcoin transaction fees exploded from 2020 into 2021, the coin’s suitability for use in a daily, social payments app could reasonably be brought into question. “, “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.”

Bitcoin ‘better than gold’ if you study it, fund manager tells mainstream media. According to Coin Telegraph on Thursday, 18 March, “Healso estimates that there are currently around 125 million Bitcoin users, and expects that number to reach 1 billion by 2025.”The accurate narrative”, “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.”

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, “This move alone pushed the price of Bitcoin by $3,000 within minutes, showing the impact Musk and Tesla have on the crypto markets. “, “One major strategy apart from buying Bitcoin as a treasury asset could be to enable digital payments channels. “

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, “Big Sats is just one example which captures Bitcoin proponents’ core argument that fiat currency ultimately trends to zero against Bitcoin – because fiat has no limits to its supply.”, “The Bitcoin equivalent is something of a tongue-in-cheek commentary on both fiat and food.”

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.”, “Deutsche Bank analysts suggested that the Bitcoin price “could continue to rise” further as long as asset managers and companies continue to enter the market. “

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, “The TAU protocol, however, adds a backstop to the value of its synthetic assets through Bitcoin derived from the mining hash rate.”, “The Bitcoin collected from BTCST is then used in a collateral pool that is activated whenever the synthetic asset is trading below its peg. “

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, “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.”, “Chad Steinglass, head of trading at crypto capital markets firm CrossTower recently discussed the pressures Bitcoin faced at the $60,000 level and pointed out that the top cryptocurrency has faced “at least some resistance at every round number on the way up,” and that once a resistance level is surpassed, it then becomes support.”

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