Litecoin is currently on bullish momentum. At 21:03 EST on Thu 17 Dec, Litecoin is at $108.11 and up by 6.3% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $108.11 and the lower value was $101.09.
Over the last twelve hours, Litecoin’s higher value was $108.15 and the lower value was $101.09.
Regarding Litecoin’s daily highs and lows, it’s 18.594% up from its trailing 24-hour low of $91.16 and 0.037% down from its trailing 24-hour high of $108.15.
Regarding Litecoin’s yearly highs and lows, it’s 322.8% up from its 52-week low and 0.844% down from its 52-week high.
News about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, “And the investors have been large — exchanges are sending 19% more transfers worth $1 million or more this year while Bitcoin’s price has been above $10,000 compared with 2017 when it was trading above those levels, he said.”, “Bitcoin’s dizzying rally in 2020 has captivated the professional investing class.”
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, “Bitcoin’s cross above $20,000 is its second major milestone in recent weeks — the coin at the end of November reached a new high three years after setting a prior peak. “, “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 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.”, “Canadian mutual fund manager CI Financial Corp. completed a $72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally.”
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “Peters was wary of triggering a spike in the prices of Bitcoin or Ether. “, “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. “, “Now that Bitcoin has topped $20,000 for the first time, should you shift your hard-earned cash into digital currencies? “
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “Coppola: Many investors think all this monetary and fiscal stimulus will debase fiat currencies, so cryptocurrencies — especially coins like Bitcoin that have limited supply — are attractive as inflation hedges. “, “I personally think Bitcoin replacing the dollar is a pipe dream. “
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%.”, “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 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.”, “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 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’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. “
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “”We saw the impact of massive printing of cash by governments around the world and so we made the decision that mostly likely Bitcoin will benefit,” he said from Miami.”, “Cambrian Asset Management, whose executives hail from the likes of Millennium Management and Winton Capital, is also hoping some downside protection will help the firm lure Bitcoin-curious family offices and institutions.”
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. “