Litecoin is currently on bearish momentum. At 18:03 EST on Friday, 15 January, Litecoin is at $142.27 and down by 7.06% in the last 24 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $142.27 and the lower value was $138.69.
Over the last twelve hours, Litecoin’s higher value was $149.97 and the lower value was $137.43.
Concerning Litecoin’s daily highs and lows, it’s 3.522% up from its trailing 24-hour low of $137.43 and 7.473% down from its trailing 24-hour high of $153.76.
In relation to Litecoin’s yearly highs and lows, it’s 456.394% up from its 52-week low and 23.42% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a positive 3.16%, a negative 2.04%, and a positive 2.12%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 8.59%, 18.60%, and 14.43%, respectively.
Last news about Litecoin
According to Business Insider on Thursday, 14 January, “Most other major altcoins followed the lead of the apex cryptocurrency with Litecoin (LTC) higher by 8.27% at $145.98 and Bitcoin Cash (BCH) up by 3.5% at $491.10.”
News about Bitcoin
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.”
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.”
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, “They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. “, “Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. “
Bitcoin historian elias ahonen publishes 2nd book, a 500-page ‘history of cryptocurrency’. According to Business Insider on Tuesday, 12 January, “The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. “, “This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. “
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, “With the rise and fall of Bitcoin value, hackers have been trying to access Bitcoin wallets with large amounts of Bitcoin, including a wallet containing 69,370 Bitcoin worth around $690 million, Vice reported in September.”, “Bitcoin owners have accidentally lost their passwords or thrown out the hard drives storing their Bitcoin ever since it was introduced in 2009.”
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “An alternative view is that fast money seeking rapid gains helped to propel the quadrupling in Bitcoin over the past year, leaving the rally exposed to the risk of such investors pulling out as momentum wanes.”, “They also test recent narratives, such as the argument that Bitcoin is maturing into a hedge against dollar weakness and inflation risk, and attracting longer term investors.”
New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, “Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. “
Bitcoin will break wall street’s heart. According to The Wall Street Journal on Wednesday, 13 January, “Grayscale’s flagship Bitcoin Trust had assets under management of $1.9 billion at the start of 2020, $4.7 billion by the end of September and $21.1 billion as of Tuesday.”
Bitcoin, blackouts and smog are exacerbating iran’s virus woes. According to Bloomberg Quint on Wednesday, 13 January, “The outages have been compounded by the mining of Bitcoin and other cryptocurrencies, which uses banks of high-powered computers to verify the legitimacy of transactions and create units of digital coin, government officials have said.”, “A spokesman for the country’s electricity industry apologized for the shutdowns on state TV and said power supplies to Bitcoin miners and industry have been strictly limited to meet domestic needs.”
Bitcoin is unlike any other bubble we’ve seen so far. According to Bloomberg Quint on Wednesday, 13 January, “Instead of considering each individual spike and fall as a discrete bubble, there may be more merit in the argument that this volatility is simply part of the price discovery in a new asset class, and that these are not bubbles, but part of a not-so-random walk that will eventually dwindle to give Bitcoin more stability, and ultimately, legitimacy,” the analysts wrote.”, “Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out.”
Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “But – rarely do bullish trends translate in a linear fashion, and shortly after this week’s open Bitcoin began to pullback and, at one point, had retraced the bulk of last week’s breakout before finding some buyer support.”, “Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday.”
Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, “See also: Bitcoin Hype-To-Activity Ratio: What That Tells Us About The Latest Rally”, “Most other major altcoins followed the lead of the apex cryptocurrency with Litecoin (LTC) higher by 8.27% at $145.98 and Bitcoin Cash (BCH) up by 3.5% at $491.10.”
Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, “Now investors can buy or sell Bitcoin futures, and soon may be able to buy Bitcoin exchange-traded funds, once regulators feel comfortable with the idea. “, “The key idea behind Bitcoin was the blockchain — a publicly visible, largely anonymous online ledger that records Bitcoin transactions. “
According to CNBC on Thursday, 14 January, “Grayscale’s Bitcoin Trust became a popular, publicly traded way for investors to get exposure to cryptocurrency without owning the coins themselves. “, “At the same time as $3 billion flowed into the Grayscale Bitcoin Trust since mid-October, gold ETFs lost $7 billion, according to JPMorgan. “
Bitcoin frenzy drives 900% surge in assets for crypto investment firm grayscale. According to Business Insider on Thursday, 14 January, “Grayscale’s Bitcoin Trust garnered the bulk of the inflows, surging to $17.5 billion from $1.8 billion in assets under management as the popular cryptocurrency’s price rocketed higher. “, “A cascade of Grayscale Bitcoin Trust outflows and a collapse of its premium would likely have negative near-term implications for bitcoin,” they added in a note to clients.”
Bitcoin claws back most of losses from this week’s swift plunge. According to Bloomberg Quint on Thursday, 14 January, “Its Bitcoin trust, which is known by its ticker GBTC, saw average weekly investments of around $217 million during that stretch.”, “It should come as no surprise to anyone that Bitcoin has bounced back so quickly,” wrote Craig Erlam, senior market analyst at Oanda Europe. “
Research affiliates quant warns of Bitcoin market manipulation. According to Bloomberg Quint on Thursday, 14 January, “In 2017, Alex Pickard had made so much money from Bitcoin that he quit his job in finance and moved to Washington state to mine digital coins full time. “, “The relationship between Tether and Bitcoin is a matter of hot debate in the crypto world, and some market participants argue that the correlation between the two coins doesn’t indicate anything nefarious.”
Liquidators want more power to probe south african Bitcoin trader. According to Bloomberg Quint on Friday, 15 January, “There were no proper accounting records and Bitcoin was transferred in and out,” Brandon Topham, the FSCA’s divisional executive for enforcement said. “, “MTI, which said in November it has more than 260,000 members, was placed under provisional liquidation last month — allegedly holding Bitcoin worth almost $880 million. “
Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, “Professional traders and novices can use the Bitcoin Bank because of its ease of use, accurate trading signals, and auto trading software. “, “The creators of Bitcoin bank state that this is automatic crypto trading softwarethat aims to help first-time investors trade in cryptocurrencies, including Bitcoin. “
Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, “I think Bitcoin is real, has further to run, and the recent selloff was probably profit taking,” said Gregory Perdon, co-chief investment officer at Arbuthnot Latham in London. “, “The massive gains in Bitcoin recently have renewed the debate over whether it’s a real asset class or a speculative bubble. “
Bitcoin fee wars erupt as upstart targets grayscale’s billions. According to Bloomberg Quint on Friday, 15 January, “OBTC’s fee is roughly a fourth of the cost of its main rival, the $28 billion Grayscale Bitcoin Trust (ticker GBTC), which charges 2%. “, “The Osprey Bitcoin Trust (ticker OBTC) will launch in the over-the-counter markets with a 0.49% management fee, according to the Osprey Funds website. “
Coinlab reaches deal with mt. gox trustee over Bitcoin claims. According to Bloomberg Quint on Friday, 15 January, “CoinLab was co-founded in 2012 by Peter Vessenes, who also co-founded the Bitcoin Foundation and has provided security auditing for blockchain networks since about 2015, including on Ethereum. “, “Gox was once the world’s biggest Bitcoin exchange, until it closed in early 2014 after losing about 850,000 Bitcoin belonging to thousands of customers. “