Litecoin is currently on bearish momentum. At 07:06 EST on Tuesday, 26 January, Litecoin is at $135.10 and down by 7.66% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $136.23 and the lower value was $133.82.
Over the last twelve hours, Litecoin’s higher value was $139.05 and the lower value was $133.82.
About Litecoin’s daily highs and lows, it’s 0.957% up from its trailing 24-hour low of $133.82 and 7.18% down from its trailing 24-hour high of $145.55.
In relation to Litecoin’s yearly highs and lows, it’s 428.354% up from its 52-week low and 27.28% down from its 52-week high.
Litecoin’s last day, last week, and last month’s average volatility was a negative 2.94%, a negative 1.58%, and a positive 0.12%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.40%, 10.60%, and 12.75%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 25 January, "Binance Coin (+2.28%), Bitcoin Cash SV (+1.59%), Cardano’s ADA (+2.21%), Crypto.com Coin (+1.40%), and Litecoin (+2.43%) also found strong support.", "Binance Coin (-8.64%), Cardano’s ADA (-7.06%), Crypto.com Coin (-7.98%), Litecoin (-1.14%), and Ripple’s XRP (-11.96%) also joined Bitcoin in the red."
According to Bloomberg Quint on Monday, 25 January, "Grayscale’s Litecoin Trust (LTCN) is currently trading at about a 2,275% premium, with its price at $295 a share and a net asset value of $12.42. "
News about Bitcoin
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, "Mohammad Hassan Motavalizadeh, the head of Tavanir, said that 45,000 illegal Bitcoin machines cheaply consuming 95MWh of electricity had been confiscated by the police, it also added.", "According to local media, state-owned electricity firm Tavanir shut down a large Iranian-Chinese Bitcoin farm amid the power outages."
According to Business Insider on Saturday, 23 January, "And this was a Bitcoin OTC name that has been consolidating for months.", "For the Bitcoin theme, Hasson had identified over 10 stocks on the NASDAQ as well as over-the-counter stocks to watch and monitor everyday."
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, "The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace."
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, "They added that the "risk is that momentum traders will continue to unwind Bitcoin futures positions.", "Cryptocurrency enthusiasts counting on Bitcoin to bounce back above the $40,000 level face a challenge due to faltering demand for the biggest fund tracking the digital asset, according to JPMorgan Chase & Co."
80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, "Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).", "The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold."
Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, "The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.", "After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S."
Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, "Saylor invested $425 million of his company’s $500 million cash into Bitcoin last year. ", "Although the premium on the more than $20 billion Grayscale Bitcoin Trust (GBTC) has declined, other funds face soaring markups as retail investors clamor for crypto exposure."
Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, "Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.", "It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. "
According to Business Insider on Tuesday, 26 January, "Of the two, the Roth version might have an edge, says Bogner, especially "if you are of the mindset that Bitcoin is going to explode" in price in the future. "
Bitcoin seen topping $50,000 long term as it vies with gold. According to Bloomberg Quint on Tuesday, 26 January, "Predicting a price for Bitcoin is challenging but it’s likely to rise longer term as funds and family offices assign 0.5% or 1% of their portfolios to it, Long added.", "We’re talking about Bitcoin over the next three, five, 10 years slowly inching away at gold’s market capitalization," Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore, said in an online question and answer session with Bloomberg Tuesday. "
Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, "Instead cryptois regularly lumpedinwith energy-transition trades such asTesla Inc.,anothertop retail-investor pick, regardless of the fact thatbuying Bitcoin pretty clearlymakes an investment portfolio "less green,"as Barclays Private Bank’s Gerald Moser put it last week.", "But one paper suggests almost half of the world’s Bitcoin mining capacity is situated in southwest China, where power is cheap, less taxed and supplied by coal-fired plants as well as hydroelectricity. "