Litecoin Cryptocurrency is currently on bullish momentum by 39.05% in the last 14 days. At 20:09 EST on Thursday, 6 May, Litecoin is at $353.33.

Litecoin Range

About Litecoin’s daily highs and lows, it’s 64.55% up from its trailing 14 days low of $214.73 and 1.1% down from its trailing 14 days high of $357.25.

Social Status

Currently, Litecoin has 172374 Twitter followers and 309723 Reddit subscribers.

As of now, on Github, there are 2544 forks, 3784 stars, and 538 subscribers.

Volatility

Litecoin’s last week, last month’s, and last quarter’s current volatility was 258.91%, 258.91%, and 258.91%, 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 258.91% (last week), 258.91% (last month), and 258.91% (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 oversold (<=20).

News about Bitcoin

S&p dow jones brings Bitcoin, ethereum to wall st with cryptocurrency indexes. According to FX Empire on Tuesday, 4 May, “The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them.”

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, “The firm then protects itself from the digital currency’s famous volatility by buying and selling Bitcoin futures in block trades on CME Group Inc., using Cumberland DRW as its trading partner. “, “But client interest and Bitcoin’s astronomical price gains — reaching a high of almost $65,000 in April — have turned many bankers around, with Morgan Stanley making a Bitcoin trust product available to its customers and JPMorgan working on a similar offering.”

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, “Surging purchases of Bitcoin have been a major boon for the company over the past year as more consumers have flocked to the cryptocurrency. “, “Chief Executive Officer Jack Dorsey, who also runs social network Twitter Inc., is a vocal Bitcoin proponent, and has praised the idea of an unregulated, global cryptocurrency. “

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, “But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected.”, “The SEC has signaled that Bitcoin is a commodity under U.S. law and therefore not subject to the agency’s toughest rules.”

More news about Litecoin.

(Excerpt) Read more Here | 2021-05-06 17:19:53
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