Litecoin On Bullish Momentum: 8.68% up in the last 6 hours

Litecoin is currently on bullish momentum. At 11:03 PM EST on December 19, Litecoin is at $ 117.95 and up 8.68% in the last 6 hours.

Litecoin range

Over the last six hours, the higher value of Litecoin was $ 117.95 and the lower value was $ 108.05.

Over the last twelve hours, the higher value of Litecoin was $ 117.95 and the lower value was $ 105.97.

In terms of Litecoin’s daily lows, it’s 11.368% up from its 24-hour low of $ 105.91

In terms of Litecoin’s annual highs and lows, it’s 361.283% up from its 52-week low and 0% 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, “” People tend to pile up to momentum trades, so Bitcoin could get more upside down from here, “said Ed Campbell, portfolio manager and managing director at QMA.”, “Bitcoin has almost tripled this year.”

Canadian financial CI completes $ 72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, “The New York-based company will also carry out all Bitcoin trading on behalf of the fund.”, “The Bitcoin held in the fund will be stored in a separate cold storage system , and investors can redeem the fund’s units at net asset value annually. “

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.”, “That reminds someone of other wealthy investors climb aboard the bandwagon, like Paul Tudor Jones, who compared Bitcoin to “investing in Google early.” Even if they get a big bet for burnon, it’s money they won’t lose it. “

Crypto observers discuss what’s next after Bitcoin hits a record. According to Bloomberg Quint on Wed December 16, “As corporations manage their cash and don’t see their own stock as cheap, the idea of ​​holding Bitcoin to protect against depreciation of the dollar (or other fiat currency) is interesting and could win favor. “,” Unlike 2017, the Google searches for Bitcoin have been remarkable, and levels of speculation (as evidenced by leveraged overseas retail markets) have been quite low . “

Minerd scott Guggenheim says Bitcoin should be worth $ 400,000. According to Bloomberg Quint on Wed Dec 16, “So you know, Bitcoin actually has a lot of gold attributes and at the same time has unusual transaction value.” “,” It’s a similar argument to that often offered by some of Bitcoin’s most prominent supporters, including renowned investor Paul Tudor Jones, who said earlier this year that he had been buying Bitcoin as a hedge against what he expects to be faster inflation after years of quiet consumer price rises. “

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. “,” Bitcoin and the broader Bloomberg Galaxy Crypto Index have more than tripled this year. “

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 only broke the mark on Wednesday $ 20,000. “

Quants ride into the wild west of crypto in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “When it went to play on Bitcoin this year, it was based on a judgment call rather than any systematic signals.”, “” We saw the impact of massive printing of currencies by governments around the world and so we made the decision that Bitcoin at most likely will benefit, “he said of Miami.”

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. Strategy team at Oppenheimer & Co. However, partly for this reason “,” Bitcoin is possibly the most fashionable investment of the past decade. “

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. “,” Bitcoin has entered the stratosphere this year, but it is by no means the best performing cryptocurrency. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “For those investors who are looking for access to Bitcoin but are reluctant or unsure how to gain direct exposure, the ease of purchasing products like BITW or GBTC through a brokerage platform is cut the extra cost. “,” Nate Geraci, president of ETF Shop, an investment advisory firm, said the premiums exhibit “overwhelming investor demand for Bitcoin exposure through methods other than direct ownership or through crypto exchanges.”

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