Litecoin is currently on bullish momentum. At 01:06 EST on Wednesday, 13 January, Litecoin is at $133.11 and up by 4.93% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $134.27 and the lower value was $126.86.
Over the last twelve hours, Litecoin’s higher value was $138.09 and the lower value was $126.86.
Regarding Litecoin’s daily highs and lows, it’s 4.927% up from its trailing 24-hour low of $126.86 and 8.308% down from its trailing 24-hour high of $145.17.
Regarding Litecoin’s yearly highs and lows, it’s 420.571% up from its 52-week low and 28.351% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a negative 4.98%, a negative 3.09%, and a positive 1.61%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 13.80%, 17.89%, and 13.90%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 11 January, “Binance Coin (-3.54%), Crypto.com Coin (-1.34%), Ethereum (-2.04%), Litecoin (-4.32%), and Ripple’s XRP (-3.16%) also struggled, however.”, “Chainlink (+18.11%) and Ethereum (+28.02%) also saw solid gains, while Litecoin rose by just 5.43%.”
News about Bitcoin
Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “As Treasury officials move to put in place new regulations to attack money laundering via Bitcoin and other cryptocurrencies, the case is a reminder that some treat the currencies much the same as cash. “, “According to the US attorneys: “The defendant Bitcoin was derived from the sales of illegal drugs, including fentanyl patches and opioids dispensed without prescription, on the Darknet between 2016 and 2019.”
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “While it may mature in the future, Bitcoin as it exists is largely a speculative asset.”, “True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. “
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “That’s because competition from such a vehicle could spark outflows from the Grayscale Bitcoin Trust, the world’s largest traded cryptocurrency fund. “, “A cascade of GBTC outflows and a collapse of its premium would likely have negative near-term implications for Bitcoin given the flow and signaling importance of GBTC,” they said Friday.”
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. “, “The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning,” strategists at Rabobank said in a note.”
Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018.”, “Consumers who invest in cryptocurrencies could well “lose all their money”, the UK’s financial regulator has warned, as the volatile Bitcoin price slides back from an all-time high of almost $42,000.”
Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “Up 38% this year through Friday, Bitcoin had its best start to a year since 2012, when it surged almost 60% over the first eight days. “, “The coin’s 20-day moving average has thus far provided a support level throughout its uptrend, though Bitcoin remains overbought, according to the GTI gauge.”
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “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.”, “If the dollar powers through that level then we may have seen a Bitcoin top at $40,000,” he said.”
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 Bitcoin prices increasing by over 50% since it reached its all-time high of $20,000 last month, those locked out of their cryptocurrency wallets are becoming desperate as they calculate how much wealth they would gain if only they remembered their passwords.”, “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, “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.”, “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.”
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. “