Litecoin is currently on bullish momentum. At 17:06 EST on Saturday, 9 January, Litecoin is at $177.72 and up by 5.96% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $177.72 and the lower value was $167.73.
Over the last twelve hours, Litecoin’s higher value was $177.72 and the lower value was $167.73.
About Litecoin’s daily lows, it’s 7.729% up from its trailing 24-hour low of $164.97
Regarding Litecoin’s yearly highs and lows, it’s 595.033% up from its 52-week low and 2.228% down from its 52-week high.
Litecoin’s last day, last week, and last month’s average volatility was 2.16%, 4.79%, and 2.84%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 19.86%, 15.04%, and 12.08%, respectively.
News about Bitcoin
Bitcoin tops $35,000 to set another record as wild swings resume. According to Bloomberg Quint on Wednesday, 6 January, "More institutions and noted investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds into Bitcoin or have said they’re open to doing so."
Bitcoin – the surge, the outlook, and the beneficiaries. According to FX Empire on Wednesday, 6 January, "Downside risks are ever-present, however, and the more risk prudent investor will be mindful of the impact of any Bitcoin meltdown.", "The good news, for the companies discussed above, however, is that Bitcoin would need to take quite a hit to give them a Bitcoin loss."
Fintech startups like revolut and luno are seeing a boom in demand from consumers rushing to invest in cryptocurrencies amid major Bitcoin interest. According to Business Insider on Wednesday, 6 January, "Revolut says the average age of a user buying cryptocurrencies on its platform is 33, while eToro says Bitcoin owners are 35 on average, and Ethereum buyers are 33."
Bill miller says corporate cash could fuel a Bitcoin ‘torrent’. According to Bloomberg Quint on Wednesday, 6 January, "ICYMI: Michael Saylor, the CEO Who Turned a Software Company Into a Bitcoin Company", "If inflation picks up, or even if it doesn’t, and more companies decide to diversify some small portion of their cash balances into Bitcoin instead of cash, then the current relative trickle into Bitcoin would become a torrent," Miller of Miller Value Partners LLC wrote in a blog post published Jan. 5."
Veteran investor bill miller flips warren buffett's Bitcoin snub to argue crypto beats cash. According to Business Insider on Wednesday, 6 January, "If more companies swap cash for crypto, "the current relative trickle into Bitcoin would become a torrent," he added.", "The pressure on the greenback has spurred the likes of Square and MicroStrategy to shift some of their cash into Bitcoin to lessen the impact of depreciation, he said."
Jump in active Bitcoin accounts nears high set before 2018 crash. According to Bloomberg Quint on Wednesday, 6 January, "There is also a steadily increasing number of active addresses and more withdrawals than deposits to exchanges (and addresses withdrawing versus depositing), even as trading volume has increased on the buy-and-sell side, suggests that the current mood toward Bitcoin continues to be more bullish than the bubble in 2017.", "Less than 2% of accounts control 95% of all available Bitcoin supply, according to Flipside."
Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, "Fewer than 2% of accounts hold 95% of Bitcoin supply, so a few big trades can impact prices. ", "The total market value of cryptocurrencies surpassed $1 trillion for the first time Thursday amid a frenzied and volatile rally in Bitcoin to yet another record."
Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, "Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. ", "A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term," the investment bank said in its latest report."
Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, "EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F))."
Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, "If Bitcoin keeps multiplying in value, autocallable investors don’t get to participate in that upside: they’ll just get their capital back early, plus their coupons. ", "And if Bitcoin crashes again — as it did three years ago — investors would lose, but less than they would by trading Bitcoin directly."
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "Stocks rallied with about 70% of the companies in the S&P 500 gaining, while Bitcoin cracked a record high above $40,000 and options activity soared.", "The poster child for market exuberance — Bitcoin — has doubled in value in less than a month, with its advance swelling the total market value of cryptocurrencies beyond $1 trillion. "
Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, "Grayscale Bitcoin Trust’s success may potentially be impacting Bitcoin’s supply, Sonnenshein said.", "The Bitcoin trust has seen the majority of the inflows amid a rally that pushed Bitcoin to $40,000 on Thursday for the first time."
White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, "Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.", "The potential for "upside of historic proportions" suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI."
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. "