Ethereum is currently on bearish momentum. At 16:04 EST on Tuesday, 2 March, Ethereum is at $1,470.49 and down by 5.69% in the last 6 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $1,554.22 and the lower value was $1,470.49.
Over the last twelve hours, Ethereum’s higher value was $1,573.63 and the lower value was $1,470.49.
About Ethereum’s daily highs, it’s 6.554% down from its trailing 24-hour high of $1,573.63
In relation to Ethereum’s yearly highs and lows, it’s 1444.957% up from its 52-week low and 27.786% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was 10.50%, 6.27%, and 4.42%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 10.68%, 13.87%, and 9.62%, respectively.
Last news about Ethereum
According to Bloomberg Quint on Saturday, 27 February, "Among them, it has stakes in Etherscan, the block explorer used for the Ethereum blockchain; Coindesk, 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."
According to FX Empire on Monday, 1 March, "Chainlink (+9.53%), Ethereum (+8.22%), Litecoin (+27.86%), and Polkadot (+53.66%) trailed the front runners.", "Binance Coin (-6.49%), Chainlink (-5.56%), Ethereum (-2.63%), Litecoin (-3.63%), and Ripple’s XRP (-4.45%) also struggled, however."
According to Business Insider on Tuesday, 2 March, "The app allows users to buy crypto in-app, request and receive payments in chat, store and interact with digital assets such as BTC, XTZ, ETH or any ERC-20 compatible token, in a non-custodial wallet, utilise a Web3 Ethereum dApp browser, and pay using cryptocurrency in the real world. "
According to Business Insider on Tuesday, 2 March, "The artist has been a strong supporter of cryptocurrencies, even starting his own digital currency $RAC on the Ethereum blockchain. ", "The auction was made possible through a collaboration between 3LAU’s team and Origin Protocol, a crypto-trading company that helps develop marketplaces on the Ethereum blockchain."
News about Bitcoin
According to Business Insider 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 Business Insider 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, "Meanwhile, corporate interest in Bitcoin is motivating traditional financial institutions to get with the program. ", "In the absence of government coercion, Bitcoin nodes support the network’s consensus rules by engaging in economic activity."
Bitcoin rises after China region declares war on crypto mining. According to Bloomberg Quint on Monday, 1 March, "The region accounted for 8% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. "
Bitcoin is at a tipping point and could become 'currency of choice' for global trade, citi says. According to CNBC on Monday, 1 March, "There are a host of risks and obstacles that stand in the way of Bitcoin progress," the U.S. investment bank’s global perspectives and solutions team wrote in a note Monday.", "For institutional investors, these include concerns over capital efficiency, insurance and custody, security, and ESG considerations from Bitcoin mining," the bank added. "
Bitcoin rises as citi makes the case for a role in global trade. According to Bloomberg Quint on Monday, 1 March, "But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.", "There are a host of risks and obstacles that stand in the way of Bitcoin progress," wrote strategists including Kathleen Boyle, the managing editor of Citi GPS. "
Bitcoin rises as Citigroup, goldman find allure hard to resist. According to Bloomberg Quint on Monday, 1 March, "But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.", "The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing "most of its value over time," BCA Research Chief Global Strategist Peter Berezin wrote in the report released Friday."
Microstrategy raises Bitcoin holdings to more than $4 billion. According to Bloomberg Quint on Monday, 1 March, "MicroStrategy Inc.’s Michael Saylor purchased more Bitcoin to raise the enterprise-software company’s holdings to more than $4 billion.", "Saylor has been one of a handful of chief executives to put Bitcoin on their balance sheets, saying the relaxation of the Federal Reserve’s inflation policy helped to sour him on cash. "
Cboe says it’s seeking approval to list Bitcoin ETF in U.S.. According to Bloomberg Quint on Tuesday, 2 March, "Cboe said in the filing the cryptocurrency ecosystem has "progressed significantly," citing among other things products investing in Bitcoin futures as well as the emergence of regulated custodial services for digital assets.", "Last month Canadian securities regulators cleared the launch of the Purpose Bitcoin ETF, making it the first to gain regulatory approval in North America. "
Bitcoin tips scales in favor of a U.S. ETF. According to Bloomberg Quint on Tuesday, 2 March, "The cryptocurrency’s surging popularity all but guarantees that Bitcoin ETFs will be overrun with investors.", "There are legitimate concerns around Bitcoin, and this feels like a particularly toppy time to give a go-ahead to Bitcoin ETFs. "
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