Litecoin Cryptocurrency is currently on bearish momentum by 16.84% in the last 24 hours. At 21:06 EST on Wednesday, 12 May, Litecoin is at $321.78.

Litecoin Range

Regarding Litecoin’s daily highs and lows, it’s 5.58% up from its trailing 24 hours low of $304.76 and 17.83% down from its trailing 24 hours high of $391.58.

Social Status

Currently, Litecoin has 176062 Twitter followers and 320014 Reddit subscribers.

As of now, on Github, there are 2570 forks, 3809 stars, and 539 subscribers.

Volatility

Litecoin’s last week, last month’s, and last quarter’s current volatility was 276.33%, 276.33%, and 276.33%, respectively.

Litecoin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 276.33% (last week), 276.33% (last month), and 276.33% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Litecoin’s crypto is considered to be overbought (>=80).

Other News About Litecoin

According to FX Empire on Monday, 10 May, “Cardano’s ADA and Litecoin rallied by 8.88% and by 11.66% respectively to lead the way, with Chainlink (+7.40%) also finding strong support.”, “Binance Coin (+0.14%), Bitcoin Cash SV (+2.15%), Chainlink (+1.09%), Crypto.com Coin (+1.26%), and Litecoin (+2.26%) found early support.”

News about Bitcoin

Cboe files to list fidelity Bitcoin ETF amid regulatory test. According to Bloomberg Quint on Tuesday, 11 May, “Crypto proponents argue the sector is evolving and that other jurisdictions like Canada allow Bitcoin ETFs, leaving U.S. investors at a disadvantage.”, “Cboe has already petitioned for the approval of vehicles such as a VanEck Bitcoin fund, one of a number of Bitcoin ETFs seeking the green light from officials. “

According to Business Insider on Tuesday, 11 May, “The Chicago Board Options Exchange has applied with the US Securities and Exchange Commission Monday to list Fidelity’s Wise Origin Bitcoin exchange-traded fund, according to a Form 19b-4.”, “In Canada, the first publicly traded ETF, the Purpose Bitcoin ETF, has been approved, as well as ethereum ETFs. “

Ark financial’s crypto expert sees dogecoin washout, Bitcoin rivaling gold. According to Bloomberg Quint on Wednesday, 12 May, “Tokens outside of Bitcoin — which has pulled back from a record set in April — have driven the expansion recently. “, “Ark invests in cryptocurrencies through vehicles such as the Grayscale Bitcoin Trust and via listed firms with exposure to the sector, like crypto exchange Coinbase Global Inc. Elmandjra said Ark also uses proprietary alternative strategies.”

Canadian issuer is making its Bitcoin ETF carbon-neutral. According to Bloomberg Quint on Monday, 10 May, “This is something that is, in my view, very important — it’s going to be with us for a long time — and so we need to figure out a way to ensure that Bitcoin can scale and reach its potential in a sustainable way,” Tapscott said by phone.”, “The company said it’s building carbon neutrality into its existing Bitcoin and Ether funds and is also planning to seek regulatory approval for an ETF with the same features.”

Bitcoin ETF approval odds grow longer after gensler critique. According to Bloomberg Quint on Monday, 10 May, “Three Bitcoin ETF filings have been acknowledged by the SEC, meaning it has a limited amount of time to either approve or reject the proposals. “, “SEC concerns over fraud and manipulation in the Bitcoin spot market have been the primary roadblock for a Bitcoin ETF approval,” said Nate Geraci, president of the ETF Store, an advisory firm. “

More news about Litecoin.

(Excerpt) Read more Here | 2021-05-12 19:06:00
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