Litecoin is currently on bullish momentum. At 13:03 EST on Sat 19 Dec, Litecoin is at $117.70 and up by 5.03% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $118.26 and the lower value was $112.06.
Over the last twelve hours, Litecoin’s higher value was $118.26 and the lower value was $105.97.
Concerning Litecoin’s daily highs and lows, it’s 11.069% up from its trailing 24-hour low of $105.97 and 0.474% down from its trailing 24-hour high of $118.26.
Regarding Litecoin’s yearly highs and lows, it’s 360.305% up from its 52-week low and 1.687% down from its 52-week high.
News about Bitcoin
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, “Bitcoin has almost tripled this year.”, “This “is the start of a new chapter for Bitcoin. “
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, “The New York-based firm will also execute all Bitcoin trading on behalf of the fund. “, “The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. “
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “He described executing his trades as inconspicuously as possible and finishing all the buying in November before Bitcoin hit $16,000.”, “Bitcoin surpassed $20,000 Wednesday to hit a record and has almost tripled in price this year.”
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, “Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September.”
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, “Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies.”
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, “While Bitcoin is great as a billionaire’s speculative plaything, it’s hardly auseful digital currency or safe haven investment for the average punter. “, “That’s reminiscent of other wealthy investors climbing aboard the bandwagon, such as Paul Tudor Jones, who compared Bitcoin to “investing in Google early.” Even if they get burnedon a big bet, it’s money they won’t miss.”
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “I think the theme for Bitcoin next year will be whether fiscal and monetary stimulus is unwound and whether interest rates rise. “, “Coppola: There’s a small minority of holders who believe Bitcoin will eventually replace the dollar. “
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “So you know, Bitcoin actually has a lot of the attributes of gold and at the same time has an unusual value in terms of transactions.””, “As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world’s largest cryptocurrency’s fair value still has a ways to go.”
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, “Bitcoin extended a record-breaking rally, taking the world’s largest cryptocurrency past $21,800 for the first time.”, “Bitcoin has more than tripled this year, a surge that’s polarized opinion. “
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, “He sees the price ratio of Bitcoin-to-gold headed for 100, if history is repeated, from its current level of around 12.”, “”The lowest-ever Bitcoin annual volatility measure versus gold and the stock market near the end of 2020 may sustain the crypto’s performance advantage in 2021,” said Bloomberg Intelligence strategist Mike McGlone in a report. “
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET.”, “Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.”
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Read more: Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge”, “Florin Court, which trades a large number of assets in addition to Bitcoin, is up 0.9% this year, Greenig said.”
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, “Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. “
How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, “Besides the Grayscale Bitcoin Trust (which is by far the largest), other bitcoin trusts or funds include:”, “The Grayscale Bitcoin Trust charging an annual management fee of 2%, for example. “
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “Bitcoin has surged into the stratosphere this year, but it is by no means the best-performing cryptocurrency.”, “Bitcoin’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said.”
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost.”, “Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. “
