Litecoin is currently on bullish momentum. At 20:03 EST on Thu 17 Dec, Litecoin is at $103.93 and up by 12.2% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $103.93 and the lower value was $101.09.
Over the last twelve hours, Litecoin’s higher value was $108.15 and the lower value was $100.32.
In relation to Litecoin’s daily highs and lows, it’s 14.008% up from its trailing 24-hour low of $91.16 and 3.902% down from its trailing 24-hour high of $108.15.
Concerning Litecoin’s yearly highs and lows, it’s 306.453% up from its 52-week low and 0.125% down from its 52-week high.
News about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Guggenheim Partners LLC, for instance, recently said it might invest up to 10% of its $5.3 billion Macro Opportunities Fund in a Bitcoin trust. ", "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin’s cross above $20,000 is its second major milestone in recent weeks — the coin at the end of November reached a new high three years after setting a prior peak. ", ""People tend to pile into momentum trades, so Bitcoin could have more upside from here," said Ed Campbell, portfolio manager and managing director at QMA."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. ", "Toronto-based CI Financial will manage the fund while investor Mike Novogratz’s Galaxy Digital Capital Management will be Bitcoin sub-adviser. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "While gold also stands to appreciate in a world of debased currencies and inflationary fears, Peters thinks Bitcoin and Ether prices can far outpace that rise.", "Ruffer on Tuesday disclosed a 2.5% position in Bitcoin in one of its funds, describing it as "a small but potent insurance policy against the continuing devaluation of the world’s major currencies.""
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "Now that Bitcoin has topped $20,000 for the first time, should you shift your hard-earned cash into digital currencies? ", "But before you race to open a digital wallet, look back to what happened to Bitcoin last time it approached these levels. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "As corporations manage their cash and don’t see their own stock as being cheap, the notion of holding Bitcoin to protect against depreciation of the dollar (or other fiat currencies) is interesting and could gain favor.", "This time is different has been a recurring theme during the boom and bust periods of Bitcoin’s little more than a decade long existence. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "Last month, the firm filed to reserve the right to invest as much as 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust, which invests solely in Bitcoin.", "So you know, Bitcoin actually has a lot of the attributes of gold and at the same time has an unusual value in terms of transactions.""
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world’s largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that’s polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin has surged about 20% this week, breaching $22,000 for the first time and stirring predictions that more gains lie ahead for the world’s largest cryptocurrency.", "The rally in digital assets is polarizing opinion, given Bitcoin’s history of boom and bust. "
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin’s 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. ", "Bitcoin only just smashed the $20,000 mark on Wednesday."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Florin Court, which trades a large number of assets in addition to Bitcoin, is up 0.9% this year, Greenig said.", "Today, the founder of $820 million Florin Court Capital trades in some 350 alternative markets — and none have felt as wild, lucrative or cutting-edge as Bitcoin. "
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "