Litecoin On Bullish Momentum: 6.31% up in the last 6 hours

Litecoin is currently on bullish momentum. At 10:03 PM EST on December 19, Litecoin is at $ 114.32 and up 6.31% in the last 6 hours.

Litecoin range

Over the last six hours, the higher value of Litecoin was $ 114.32 and the lower value was $ 107.53.

Over the last twelve hours, the higher value of Litecoin was $ 114.32 and the lower value was $ 105.97.

In terms of Litecoin’s daily lows, it’s 8.824% up from its 24-hour low of $ 105.05

In terms of Litecoin’s annual highs and lows, it’s 347.086% up from its 52-week low and 1.064% down from its 52-week high.

News about Bitcoin

Bitcoin surpasses $ 20,000 for the first time amid a dizzying rally. According to Bloomberg Quint on Wed December 16, “Bitcoin has surged despite a serious crash in March that saw it lose 25% in the midst of the coronavirus pandemic.”, “Guggenheim Partners LLC, for example, recently said it could invest up to 10% of its $ 5.3 billion Macro Opportunities Fund in a Bitcoin trust. “

Canadian financial CI completes $ 72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed December 16, “The Bitcoin held in the fund will be stored in a separate cold storage system, and investors will be able to redeem the fund’s units at net asset value annually.”, ” The closed-end fund will invest directly in Bitcoin, with its payments priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of one Bitcoin traded in US dollars. “

Bitcoin whale surfaces with $ 1 billion support and alan howard. According to Bloomberg Quint on Wed Dec 16, “assets in Bitcoin’s largest player Grayscale Trust have swollen to more than $ 10 billion.”, “Bitcoin surpassed $ 20,000 on Wednesday to hit a record and has nearly tripled in the price this year. “

Bitcoin is at the top of $ 20,000 for the first time. According to The Wall Street Journal on Wed Dec 16, “Bitcoin rose above $ 20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen digital currency double since September.”

Bitcoin prices are plunging to a fresh record above $ 20,000. According to MarketWatch on Wed December 16, “Bitcoin prices were trading at $ 20,339 according to CoinDesk data, up nearly 5% on the session, with earnings for the digital asset complemented by a flood of institutional investor coverage on cryptos like bitcoin and other virtual currencies. “

Everyone 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 the last time it went to these levels.”, “A study by the Kansas City Fed at comparing bonds, gold and Bitcoin between 1995 and February 2020, Treasures found that it acted “consistently” as a safe haven, gold did so “occasionally” and Bitcoin “never did.”

Crypto observers discuss what’s next after Bitcoin hits a record. According to Bloomberg Quint on Wed Dec 16, “Weisberger: If ever-increasing numbers of asset owners (pension funds, insurance companies, wealth managers, etc.) start to believe in that narrative, then there’s not enough Bitcoin float to absorb ‘ buyers, without significant price appreciation. “,” That, along with the apparent success of Bitcoin’s inflation-free monetary policy, has been and will continue to be the main driver of the rally. “

Minerd scott Guggenheim says Bitcoin should be worth $ 400,000. According to Bloomberg Quint on Wed December 16, “It’s a similar argument to that often offered by some of Bitcoin’s most prominent supporters, including notorious investor Paul Tudor Jones, who said earlier this year that he had been buying Bitcoin as a hedge against what it expects to do. Will be accelerating inflation after years of quiet increases in consumer prices. “,” His comments came the same day that Bitcoin broke $ 20,000 for the first time , bringing its earnings in 2020 to 190%. “

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 is polarizing opinion . “

Bitcoin is at the top of $ 22,000 and strategists say the rally has to go further. According to Bloomberg Quint on Thu Dec 17, a “shortage of Bitcoin coupled with” cashback printing “by the Federal Reserve means the digital token should eventually climb to about $ 400,000, said Scott Minerd, chief investment officer in Guggenheim, on Bloomberg TV on Wednesday. “,” “A feed stimulus may have given it an extra kick but, let’s face it, Bitcoin doesn’t need it. “

Bitcoin strikes a new all-time high of $ 23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin later recovered its earnings slightly, trading over 8% higher at around 22,600 by 6 am ET.”, “Bitcoin hit a fresh record higher than $ 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 the wild west of crypto in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Tracking trends, for example, is built on the idea that humans tend to follow the herd in everything, from single stocks and oil to the future of Bitcoin.”, “Today, Founder of $ 820 million Florin Court Capital is trading in some 350 alternative markets – none of which have felt as wild, profitable or innovative as Bitcoin. “

Bitcoin is up 200% this year. investment pros say the price could reach $ 400,000. According to MarketWatch on Thursday December 17,

Exchange Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thursday December 17,

Popular crypto exchange coinbase files secretly to take itself public as Bitcoin price soars to record above $ 23,000. According to MarketWatch on Thursday December 17,

US largest cryptocurrency exchange coinbase files for IPO as Bitcoin climbs past $ 23,000. According to CNBC on Thu Dec 17, “Bitcoin has attracted a lot of investor attention 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 main ways to buy, their advantages and disadvantages, and the strategies to consider. According to Business Insider on Web Dec. 18, “” The easiest way to buy bitcoin is through the Grayscale Bitcoin Trust (GBTC) because it tracks the cryptocurrency and trades through the traditional financial market, “said Ari Wald, MD the Institutional Portfolio. A strategy team at Oppenheimer & Co. However, partly for this reason “,” Bitcoin is a cryptocurrency, a type of private, electronic currency whose transactions are validated using cryptography, the science of encryption and decrypt information. “

A new crypto fund CIO that has returned 220% to investors this year explains why Bitcoin is at the top of $ 20,000 for the first time ever this week – and shares another digital currency that is due to…. According to Business Insider on Sat Dec. 19, “Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “,” “Ethereum is more flexible than Bitcoin.”

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