Litecoin is currently on bearish momentum. At 18:04 EST on Tuesday, 12 January, Litecoin is at $132.66 and down by 4.64% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $138.82 and the lower value was $132.66.

Over the last twelve hours, Litecoin’s higher value was $140.89 and the lower value was $130.41.

Regarding Litecoin’s daily highs and lows, it’s 1.725% up from its trailing 24-hour low of $130.41 and 8.617% down from its trailing 24-hour high of $145.17.

In relation to Litecoin’s yearly highs and lows, it’s 418.811% up from its 52-week low and 28.593% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was a negative 24.44%, a negative 2.03%, and a positive 2.01%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 48.83%, 17.42%, and 13.80%, 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

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, "Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s "Halftime Report" this week.", "It’s probably going to $100,000, then $150,000, then $200,000." – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices."

According to Business Insider on Saturday, 9 January, "MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. "

I won the race to Bitcoin 40k … and so can you. According to Business Insider on Saturday, 9 January, "The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace."

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, "They added: "The Vendor began selling illegal prescription drugs on the Darknet in approximately 2014 using multiple marketplaces, including Dream, Silk Road, AlphaBay, and Wall Street Market, and from 2014 and thereafter made approximately $250,000 worth of Bitcoin each month from the illegal drug sales.", "Early this month, Square CEO Jack Dorsey, a vocal Bitcoin owner and promoter, posted a guide to setting up a similar offline wallet."

Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, "Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.", "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. ", "Some commentators view approval of a Bitcoin ETF in the U.S. as more likely with changing leadership at the Securities and Exchange Commission. "

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 correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. "

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, "Memories of the collapse in the Bitcoin price between late 2017 and early 2019 – when it dropped from almost $20,000 to below $4,000 – are weighing on regulators’ minds.", "They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018."

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, "It "blows the doors off prior bubbles," the strategists wrote in a Friday note, asking whether Bitcoin is "the Mother-of-all-bubbles.", "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, "The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday.", "As long as the world is flooded with money and safe assets offer poor compensation, Bitcoin will be relevant," Howard Wang, co-founder of Convoy Investments LLC, wrote in a Jan. 10 note. "

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. ", "More institutions and notable investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds to Bitcoin or have said they’re open to doing so."

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, "In 2017, James Howells, an IT worker living in the United Kingdom, lost the physical drive where he stored 7,500 Bitcoin that he mined in 2009 after mistakenly throwing it in a waste bin in 2013, The Telegraph reported. ", "Gabriel Abed is another Bitcoin owner who lost access to his Bitcoin wallet since 2011 when his laptop was reformatted, losing 800 Bitcoin that are now worth a total of $25 million, according to the Times."

LEAVE A REPLY

Please enter your comment!
Please enter your name here