Litecoin is currently on bearish momentum. At 20:04 EST on Friday, 29 January, Litecoin is at $133.77 and down by 8.19% in the last 12 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $136.03 and the lower value was $133.77.
Over the last twelve hours, Litecoin’s higher value was $144.72 and the lower value was $133.77.
About Litecoin’s daily highs and lows, it’s 0.571% up from its trailing 24-hour low of $133.01 and 7.566% down from its trailing 24-hour high of $144.72.
In relation to Litecoin’s yearly highs and lows, it’s 423.152% up from its 52-week low and 27.995% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a positive 6.21%, a positive 0.03%, and a negative 0.05%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 8.39%, 9.01%, and 12.85%, respectively.
Last news about Litecoin
According to Business Insider on Wednesday, 27 January, “For people who are interested in trading the emerging asset class that is Cryptocurrency with Bitcoin, Ethereum, Litecoin and Ripple all part of the product range.”
News about Bitcoin
Skybridge’s anthony scaramucci talks up new Bitcoin fund, crypto’s ‘exponential liftoff’. According to Business Insider on Wednesday, 27 January, “The SkyBridge Bitcoin Fund LP aims toprovidemass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin. “, “Accredited investors can subscribe directly to SkyBridge Bitcoin Fund, which requires a minimum investment of $50,000.”
Crypto’s young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, “While Bitcoin prices tend to move in the realm of 5% to 10% a day, it’s not uncommon for the mining stocks to swing 20%. “, “Marathon Patent Group has computers in Montana and North Dakota, and recently announced it bought $150 million worth of Bitcoin for its Treasury reserves.”
Bitcoin tumbles back below $30,000 as record momentum fades. According to Bloomberg Quint on Wednesday, 27 January, “Companies such as MicroStrategy Inc., Square Inc., and crypto miner Marathon Patent Group Inc. have all added some of their company’s cash reserves into Bitcoin amid the rally.”
Bitcoin ‘might break down altogether,’ BIS head carstens warns. According to Bloomberg Quint on Wednesday, 27 January, “Investors must be cognizant that Bitcoin may well break down altogether,” because the system becomes vulnerable to majority attacks as it gets close to its maximum supply of 21 million coins, BIS General Manager Agustin Carstens said in a speech for the Hoover Institution on Wednesday.”
Microstrategy bond buyers rewarded with ‘win-tie’ Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, “For the bond investor, however, there’s certain level of comfort in a Bitcoin play backed by debt: If they don’t trade out of it or convert the securities to stock, they’ll get paid back when the notes mature, assuming the company remains operational.”, “The founder had become a big bull on Bitcoin and invested its very large cash pile in it,” he said. “
Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “Bridgewater Associates founder Ray Dalio said Bitcoin is “one hell of an invention” and he’s considering cryptocurrencies as investments for new funds offering clients protection against the debasement of fiat money.”, “Dalio said he thinks of Bitcoin as a “long-duration option on a highly unknown future” and investing in it means recognizing the potential to lose about 80%.”
Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”
Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”
Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”