Litecoin is at present on bullish momentum. At 15:03 EST on Sat 19 Dec, Litecoin is at $118.99 and up by 4.09% within the final 6 hours.
During the last six hours, Litecoin’s increased worth was $118.99 and the decrease worth was $114.32.
During the last twelve hours, Litecoin’s increased worth was $118.99 and the decrease worth was $107.53.
Relating to Litecoin’s every day lows, it’s 12.286% up from its trailing 24-hour low of $105.97
Regarding Litecoin’s yearly highs and lows, it’s 365.35% up from its 52-week low and 0.61% down from its 52-week excessive.
Information about Bitcoin
Bitcoin surpasses $20,000 for first time amid dizzying rally. In accordance with Bloomberg Quint on Wed Dec 16, “This “is the beginning of a brand new chapter for Bitcoin. “, “Guggenheim Companions LLC, as an illustration, just lately mentioned it’d make investments as much as 10% of its $5.3 billion Macro Alternatives Fund in a Bitcoin belief.”
Canada’s CI monetary completes $72 million IPO of Bitcoin fund. In accordance with Bloomberg Quint on Wed Dec 16, “The New York-based agency may even execute all Bitcoin buying and selling on behalf of the fund. “, “The Bitcoin held within the fund will probably be saved in a segregated cold-storage system, and buyers will be capable of redeem the fund’s models at internet asset worth on an annual foundation.”
Bitcoin whale surfaces with $1 billion and alan howard’s backing. In accordance with Bloomberg Quint on Wed Dec 16, “A hedge fund specializing in volatility bets has emerged as one of many largest buyers in Bitcoin after quietly shopping for greater than $600 million in cryptocurrencies and becoming a member of forces with Alan Howard, the co-founder of Brevan Howard Asset Administration.”, “Learn extra: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold within the Nineteen Seventies”
Bitcoin tops $20,000 for first time. In accordance with The Wall Road Journal on Wed Dec 16, “Bitcoin surged above $20,000 on Wednesday for the primary time in its 11-year historical past, a part of a livid rally that has seen the digital forex double since September.”
Bitcoin worth surges to contemporary file above $20,000. In accordance with MarketWatch on Wed Dec 16, “Bitcoin costs had been buying and selling at $20,339 in response to CoinDesk information, up almost 5% on the session, with beneficial properties for the digital asset supported by a flood of institutional investor consideration on cryptos like bitcoin and different digital currencies.”
All aboard the billionaires’ Bitcoin bandwagon?. In accordance with Bloomberg Quint on Wed Dec 16, “However earlier than you race to open a digital pockets, look again to what occurred to Bitcoin final time it approached these ranges. “, “Whilst funds corporations like PayPal Holdings Inc. or Sq. Inc. try to deliver Bitcoin buying and selling to the plenty, only a few retailers immediately contact the stuff. “
Crypto observers debate what’s subsequent after Bitcoin hits file. In accordance with Bloomberg Quint on Wed Dec 16, “Bitcoin’s energy depends very a lot on fiat cash being copious and unrewarding. “, “Definitely, Bitcoin has room for important beneficial properties whereas gold may additionally recognize, albeit at a a lot slower tempo.”
Guggenheim’s scott minerd says Bitcoin must be value $400,000. In accordance with Bloomberg Quint on Wed Dec 16, “It’s an analogous argument to what’s typically supplied by a few of Bitcoin’s most outstanding backers, together with famed investor Paul Tudor Jones, who mentioned earlier this yr he’s been shopping for Bitcoin as a hedge in opposition to what he expects will probably be quicker inflation after years of muted consumer-price will increase. “, “Bitcoin’s shortage mixed with “rampant cash printing” by the Federal Reserve imply the digital token ought to finally climb to about $400,000, Minerd, the agency’s chief funding officer, mentioned in an interview. “
Bitcoin extends record-setting rally, surpassing $21,800. In accordance with Bloomberg Quint on Thu Dec 17, “Bitcoin prolonged a record-breaking rally, taking the world’s largest cryptocurrency previous $21,800 for the primary time.”, “Bitcoin has greater than tripled this yr, a surge that’s polarized opinion. “
Bitcoin tops $22,000 and strategists say rally has additional to go. In accordance with Bloomberg Quint on Thu Dec 17, “Bitcoin has surged about 20% this week, breaching $22,000 for the primary time and stirring predictions that extra beneficial properties lie forward for the world’s largest cryptocurrency.”, “”Fed stimulus could have given it an additional kick however, let’s face it, Bitcoin doesn’t want it. “
Bitcoin hits new all-time excessive above $23,000, extending its wild 2020 rally. In accordance with CNBC on Thu Dec 17, “Bitcoin later pared again its beneficial properties barely, buying and selling over 8% increased at about 22,600 by 6 a.m. ET.”, “Bitcoin hit a contemporary file excessive above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it greater than triple in worth this yr.”
Quants journey into crypto wild west within the 500% Bitcoin comeback. In accordance with Bloomberg Quint on Thu Dec 17, “Learn extra: Even Robots Are Becoming a member of the Bitcoin Craze as Quants Search an Edge”, “Bitcoin has rallied 215% this yr, whereas cryptocurrency hedge funds are up 136% by way of November, in response to a Eurekahedge index.”
Bitcoin is up 200% this yr. funding execs say the worth may attain $400,000. In accordance with MarketWatch on Thu Dec 17,
Bitcoin alternate coinbase recordsdata for preliminary public providing. In accordance with The Wall Road Journal on Thu Dec 17,
Standard crypto alternate coinbase recordsdata confidentially to take itself public as Bitcoin worth soars to file above $23,000. In accordance with MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency alternate coinbase recordsdata for IPO as Bitcoin soars previous $23,000. In accordance with CNBC on Thu Dec 17, “Bitcoin has garnered a lot consideration from buyers these days, and Paul Tudor Jones and Stanley Druckenmiller are amongst those that have come out in favor of the cryptocurrency. “
How you can spend money on Bitcoin: the most important methods to purchase, their execs and cons, and the methods to contemplate. In accordance with Enterprise Insider on Fri Dec 18, “Apart from the Grayscale Bitcoin Belief (which is by far the biggest), different bitcoin trusts or funds embrace:”, “Bitcoin taxes may be triggered by buying and selling, exchanging, or just spending the cryptocurrency (if it’s elevated in worth since to procure it). “
The CIO of a brand new crypto fund that has returned 220% to buyers this yr explains why Bitcoin topped $20,000 for the primary time ever this week – and shares one other digital forex set to change into…. In accordance with Enterprise Insider on Sat Dec 19, “Bitcoin’s 212% rally this yr is pushed by all forms of new buyers who had by no means invested in bitcoin however are actually leaping on the bandwagon, Hougan mentioned.”, “Bitcoin can solely be programmed to do sure issues and ethereum may be programmed to do many issues,” he mentioned. “
Crypto FOMO makes even a 350% premium on Bitcoin look interesting. In accordance with Bloomberg Quint on Sat Dec 19, “A tough back-of-the-envelope calculation means that at a 34% premium, buyers are paying the equal of $30,522 if Bitcoin’s worth is $22,800 per coin. “, “At BITW’s 358% premium — which doesn’t simply maintain Bitcoin — that sum balloons to $104,424.”