Litecoin is currently on bullish momentum. At 15:03 EST on Sat 19 Dec, Litecoin is at $118.99 and up by 4.09% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $118.99 and the lower value was $114.32.
Over the last twelve hours, Litecoin’s higher value was $118.99 and the lower value was $107.53.
Regarding Litecoin’s daily lows, it’s 12.286% up from its trailing 24-hour low of $105.97
Concerning Litecoin’s yearly highs and lows, it’s 365.35% up from its 52-week low and 0.61% 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, “This “is the start of a new chapter for Bitcoin. “, “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.”
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, “The New York-based firm will also execute all Bitcoin trading on behalf of the fund. “, “The Bitcoin held in the fund will be stored in a segregated cold-storage system, and investors will be able to redeem the fund’s units at net asset value on an annual basis.”
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “A hedge fund specializing in volatility bets has emerged as one of the largest investors in Bitcoin after quietly buying more than $600 million in cryptocurrencies and joining forces with Alan Howard, the co-founder of Brevan Howard Asset Management.”, “Read more: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold in the 1970s”
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, “But before you race to open a digital wallet, look back to what happened to Bitcoin last time it approached these levels. “, “Even as payments companies like PayPal Holdings Inc. or Square Inc. strive to bring Bitcoin trading to the masses, very few merchants directly touch the stuff. “
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “Bitcoin’s strength relies very much on fiat money being copious and unrewarding. “, “Certainly, Bitcoin has room for significant gains while gold could also appreciate, albeit at a much slower pace.”
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. “, “Bitcoin’s scarcity combined with “rampant money printing” by the Federal Reserve mean the digital token should eventually climb to about $400,000, Minerd, the firm’s chief investment officer, said in an interview. “
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.”, “”Fed stimulus may have given it an extra kick but, let’s face it, Bitcoin doesn’t need it. “
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET.”, “Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.”
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Read more: Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge”, “Bitcoin has rallied 215% this year, while cryptocurrency hedge funds are up 136% through November, according to a Eurekahedge index.”
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, “Besides the Grayscale Bitcoin Trust (which is by far the largest), other bitcoin trusts or funds include:”, “Bitcoin taxes can be triggered by trading, exchanging, or simply spending the cryptocurrency (if it’s increased in value since you bought it). “
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, “Bitcoin’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said.”, “Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin’s price is $22,800 per coin. “, “At BITW’s 358% premium — which doesn’t just hold Bitcoin — that sum balloons to $104,424.”