Litecoin On Bullish Momentum: 7.38% Up In The Last 12 Hours

Fibo Quantum

Litecoin is currently on bullish momentum. At 11:07 EST on Friday, 29 January, Litecoin is at $143.03 and up by 7.38% in the last 12 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $144.72 and the lower value was $141.12.

Over the last twelve hours, Litecoin’s higher value was $144.72 and the lower value was $133.01.

About Litecoin’s daily highs and lows, it’s 9.846% up from its trailing 24-hour low of $130.21 and 1.168% down from its trailing 24-hour high of $144.72.

In relation to Litecoin’s yearly highs and lows, it’s 459.366% up from its 52-week low and 23.011% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was a positive 6.21%, a positive 0.03%, and a negative 0.05%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 8.39%, 9.01%, and 12.85%, respectively.

Last news about Litecoin

According to Business Insider on Wednesday, 27 January, “For people who are interested in trading the emerging asset class that is Cryptocurrency with Bitcoin, Ethereum, Litecoin and Ripple all part of the product range.”

News about Bitcoin

According to Business Insider on Tuesday, 26 January, “Of the two, the Roth version might have an edge, says Bogner, especially “if you are of the mindset that Bitcoin is going to explode” in price in the future. “

Bitcoin seen topping $50,000 long term as it vies with gold. According to Bloomberg Quint on Tuesday, 26 January, “While Bitcoin has been popular for trading, “increasingly the new to market money that we are seeing is buying Bitcoin as a hedge to inflation and as digital gold,” said Matt Long, head of distribution and prime brokerage at digital-asset platform OSL in Hong Kong.”, “We’re talking about Bitcoin over the next three, five, 10 years slowly inching away at gold’s market capitalization,” Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore, said in an online question and answer session with Bloomberg Tuesday. “

Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, “Institutional investors diving into Bitcoin -namely hedge funds -areeager to promote its unpredictable price swings as the sign of a new asset class in the making. “, “Fidelity Digital Assets’ defense of Bitcoin’s energy inefficiency, for example, is that it gets you Bitcoin in return.”

South Africa cracks down on Bitcoin after alleged ponzi scheme. According to Bloomberg Quint on Tuesday, 26 January, “MTI — which in November claimed it had 260,000 members and 23,000 Bitcoin now worth about $740 million — was placed in provisional liquidation last month after clients battled to withdraw funds. “, “While the Marks have had no contact with Steynberg, or knowledge of his whereabouts since the matter came to light, they are sure he “will repay to members their Bitcoin investments as that is the character of the Johann Steynberg they came to know,” their lawyer said.”

Skybridge’s anthony scaramucci talks up new Bitcoin fund, crypto’s ‘exponential liftoff’. According to Business Insider on Wednesday, 27 January, “The SkyBridge Bitcoin Fund LP aims toprovidemass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin. “, “It’s already happening,” he said, citingBlackRock Inc.’s adding Bitcoin futures as an eligible investment to two of its funds.”

Crypto’s young believers stoke a craze for Bitcoin penny stocks. According to Bloomberg Quint on Wednesday, 27 January, “And the fact that Bitcoin miners tend to be unprofitable or just barely in the black isn’t much of a deterrent.”, “While Bitcoin prices tend to move in the realm of 5% to 10% a day, it’s not uncommon for the mining stocks to swing 20%. “

Bitcoin tumbles back below $30,000 as record momentum fades. According to Bloomberg Quint on Wednesday, 27 January, “Companies such as MicroStrategy Inc., Square Inc., and crypto miner Marathon Patent Group Inc. have all added some of their company’s cash reserves into Bitcoin amid the rally.”

Bitcoin ‘might break down altogether,’ BIS head carstens warns. According to Bloomberg Quint on Wednesday, 27 January, “Investors must be cognizant that Bitcoin may well break down altogether,” because the system becomes vulnerable to majority attacks as it gets close to its maximum supply of 21 million coins, BIS General Manager Agustin Carstens said in a speech for the Hoover Institution on Wednesday.”

Microstrategy bond buyers rewarded with ‘win-tie’ Bitcoin play. According to Bloomberg Quint on Thursday, 28 January, “The founder had become a big bull on Bitcoin and invested its very large cash pile in it,” he said. “, “Even if Bitcoin goes down 30% to 40%, the company still has enough to pay this bond off easily.”

Ray dalio calls Bitcoin ‘one hell of an invention,’ considers it for new funds. According to Bloomberg Quint on Thursday, 28 January, “Bridgewater Associates founder Ray Dalio said Bitcoin is “one hell of an invention” and he’s considering cryptocurrencies as investments for new funds offering clients protection against the debasement of fiat money.”, “While Bitcoin has the potential to make investors “very rich” as well as “disrupt the existing monetary system,” there are risks. “

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”