Litecoin Cryptocurrency is currently on bullish momentum by 46.40% in the last 14 days. At 20:05 EST on Friday, 16 April, Litecoin is at $310.17.
Litecoin Range
About Litecoin’s daily highs and lows, it’s 59.29% up from its trailing 14 days low of $194.72 and 0.98% down from its trailing 14 days high of $313.23.
Social Status
Currently, Litecoin has 163065 Twitter followers and 291014 Reddit subscribers.
As of now, on Github, there are 2488 forks, 3723 stars, and 539 subscribers.
Volatility
Litecoin’s last week, last month’s, and last quarter’s current volatility was 215.81%, 215.81%, and 215.81%, respectively.
Litecoin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 215.81% (last week), 215.81% (last month), and 215.81% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Litecoin’s crypto is considered to be oversold (<=20).
News about Bitcoin
While coinbase savors listing, Bitcoin die-hards voice disdain. According to Bloomberg Quint on Wednesday, 14 April, “Then there’s the long simmering feud about what was perceived as Coinbase’s lending its imprimatur to Bitcoin knock-offs.”, “For a company inspired by founder Brian Armstrong’s reading of the Bitcoin white paper, its holdings of the cryptocurrency are regarded as paltry in comparison to the likes of MicroStrategy Inc. which has made it a crucial part of its treasury strategy.”
Bitcoin tumbles 5% from record highs amid Turkey’s crypto-payments ban starting April 30. According to Business Insider on Friday, 16 April, “Read more: Bitcoin is a headache to store, and that’s created an investment opportunity that could theoretically pay determined traders big risk-free returns by December”
First inverse Bitcoin ETF to debut for betting on crypto plunge. According to Bloomberg Quint on Wednesday, 14 April, “Since 2013, the SEC has rejected every Bitcoin ETF application, citing concerns about manipulation and criminal activity. “, “Many investors have a view on Bitcoin and this new ETF will provide an opportunity for those that believe the current price is not justified and that Bitcoin is overdue for a correction,” said Todd Rosenbluth, director of ETF research for CFRA Research.”
Bitcoin ETF drumbeat gets louder as eight issuers file with SEC. According to Bloomberg Quint on Wednesday, 14 April, “Whether Gary Gensler, the nominee to be next SEC chairman, will prove more open-minded toward a Bitcoin ETF than his predecessor Jay Clayton remains unclear. “, “Anyone who wants to launch a Bitcoin ETF and has been waiting wants to make sure their hat is in the ring if/when the SEC approves,” Bloomberg Intelligence analyst James Seyffart said. “
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