Litecoin is currently on bullish momentum. At 17:03 EST on Sat 19 Dec, Litecoin is at $123.38 and up by 4.33% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $123.38 and the lower value was $117.70.
Over the last twelve hours, Litecoin’s higher value was $123.38 and the lower value was $108.05.
Regarding Litecoin’s daily lows, it’s 16.429% up from its trailing 24-hour low of $105.97
Concerning Litecoin’s yearly highs and lows, it’s 382.519% up from its 52-week low and 0.243% down from its 52-week high.
News about Bitcoin
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin has almost tripled this year.", "Bitcoin has surged despite a severe crash in March that saw it lose 25% amid the coronavirus pandemic. "
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The CI Galaxy Bitcoin Fund’s shares will start trading in U.S. and Canadian dollars on the Toronto Stock Exchange.", "The New York-based firm will also execute all Bitcoin trading on behalf of the fund. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "Bitcoin surpassed $20,000 Wednesday to hit a record and has almost tripled in price this year.", "He described executing his trades as inconspicuously as possible and finishing all the buying in November before Bitcoin hit $16,000."
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, "That’s reminiscent of other wealthy investors climbing aboard the bandwagon, such as Paul Tudor Jones, who compared Bitcoin to "investing in Google early." Even if they get burnedon a big bet, it’s money they won’t miss.", "News on Wednesday that One River Asset Management has set up a fund company that will have about $1 billion in Bitcoin and fellow digital coin Ether by early next year suggests that institutional investors are starting to take cryptocurrencies more seriously."
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "I think the theme for Bitcoin next year will be whether fiscal and monetary stimulus is unwound and whether interest rates rise. ", "Weisberger: If increasing numbers of asset owners (pension funds, insurance companies, wealth managers, etc.) start to believe in that narrative, then there simply isn’t enough Bitcoin float to absorb those buyers without significant price appreciation. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "It’s a similar argument to what’s often offered by some of Bitcoin’s most prominent backers, including famed investor Paul Tudor Jones, who said earlier this year he’s been buying Bitcoin as a hedge against what he expects will be faster inflation after years of muted consumer-price increases. ", ""Our fundamental work shows that Bitcoin should be worth about $400,000," Minerd told Bloomberg Television on Wednesday. "
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, "If Bitcoin sustains its momentum, then "testing $36,000 will be the next real objective," said Dan Gunsberg, CEO of Hxro, a crypto trading platform. ", "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."
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 later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "When he went all-in on Bitcoin this year, it was based on a judgment call rather than any systematic signals.", "That means going into Bitcoin’s 25% slide in March, for example, it was fully hedged. "
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. "
How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, "Square’s Cash App is another platform that includes bitcoin trading, while Swan Bitcoin is an app that lets users automatically invest in the cryptocurrency at regular intervals. ", "Besides the Grayscale Bitcoin Trust (which is by far the largest), other bitcoin trusts or funds include:"
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, ""That’s a signal from a well-established financial institution that there’s more to crypto than Bitcoin," he said.", ""Ethereum is more flexible than Bitcoin. "
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. ", ""It’s absolutely mind-boggling that regulators allow retail investors to access these products, but won’t allow a Bitcoin ETF which would easily solve the premium issue.""