Litecoin On Bullish Momentum: 4.51% Up In The Last 6 Hours

Litecoin is currently on bullish momentum. At 20:05 EST on Friday, 15 January, Litecoin is at $144.94 and up by 4.51% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $144.94 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.

About Litecoin’s daily highs and lows, it’s 5.465% up from its trailing 24-hour low of $137.43 and 5.324% down from its trailing 24-hour high of $153.09.

In relation to Litecoin’s yearly highs and lows, it’s 466.836% up from its 52-week low and 21.983% 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 extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “Taking some profits off the table after an asset — any asset, not only Bitcoin — doubles in value within three weeks is completely understandable,” said Julius de Kempenaer, senior technical analyst at StockCharts.”, “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, “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.”, “This very frequency makes the Bitcoin narrative somewhat atypical relative to the great bubbles of the past.”

Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “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.”, “In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. “

Crypto market update: Bitcoin posts massive recovery, XRP faces grayscale setback. According to Business Insider on Thursday, 14 January, “What Happened: Bitcoin (BTC) was up 10.01% at press time at $37,330.57 while Ethereum (ETH) rallied 5.48% higher at $1,105.77.”, “See also: Bitcoin Hype-To-Activity Ratio: What That Tells Us About The Latest Rally”

Is Bitcoin boom a ‘better gold’ or just another bubble?. According to Bloomberg Quint on Thursday, 14 January, “Accredited investors can also invest in vehicles like the Bitcoin Investment Trust, which tracks Bitcoin’s price. “, “Intuitional investors may be feeling more comfortable wading into Bitcoin in part because of better safeguards — even as more captivating tales emerge of millionaires thwarted by losing their password. “

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, “It should come as no surprise to anyone that Bitcoin has bounced back so quickly,” wrote Craig Erlam, senior market analyst at Oanda Europe. “, “Its Bitcoin trust, which is known by its ticker GBTC, saw average weekly investments of around $217 million during that stretch.”

Research affiliates quant warns of Bitcoin market manipulation. According to Bloomberg Quint on Thursday, 14 January, “Pickard’s critique finds support in academic research that suggests Bitcoin is influenced by fraudulent trading in a U.S. dollar-backed stablecoin called Tether. “, “Unlike other currencies such as Bitcoin that are “mined,” Tether officials say they create new coins based on customer orders.”

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. “, “Thus no definitive answer currently exists as to how much Bitcoin was actually invested, but is in the region of 23,000 plus.”

Bitcoin bank review: comprehensive sign up guide for Bitcoin bank trading app. According to Business Insider on Friday, 15 January, “The supply of Bitcoin has halved after a certain time, as per the protocol of the blockchain. “, “This has an accuracy rate of 99.4%.MUST SEE: “Shocking New Bitcoin Bank Report – This May Change Your Mind”

Bitcoin ends a choppy week of trading with prices below $40,000. According to Bloomberg Quint on Friday, 15 January, “The massive gains in Bitcoin recently have renewed the debate over whether it’s a real asset class or a speculative bubble. “, “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. “

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 website touts OBTC as a way to get “exposure to Bitcoin in a qualified IRA or brokerage account.”

Coinlab reaches deal with mt. gox trustee over Bitcoin claims. According to Bloomberg Quint on Friday, 15 January, “Gox’s creditors are some of the earliest believers in cryptocurrency, I look forward to getting my Bitcoin as do the tens of thousands of people that have claims.”, “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. “