Litecoin Cryptocurrency is currently on bullish momentum by 53.78% in the last 14 days. At 22:05 EST on Saturday, 8 May, Litecoin is at $345.98.

Litecoin Range

Concerning Litecoin’s daily highs and lows, it’s 61.12% up from its trailing 14 days low of $214.73 and 5.61% down from its trailing 14 days high of $366.55.

Social Status

Currently, Litecoin has 173664 Twitter followers and 313175 Reddit subscribers.

As of now, on Github, there are 2555 forks, 3793 stars, and 538 subscribers.

Volatility

Litecoin’s last week, last month’s, and last quarter’s current volatility was 266.02%, 266.02%, and 266.02%, 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 266.02% (last week), 266.02% (last month), and 266.02% (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

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, “The SEC has signaled that Bitcoin is a commodity under U.S. law and therefore not subject to the agency’s toughest rules.”, “U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers.”

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, “Goldman, which still isn’t active in the Bitcoin spot market, introduced the wagers to clients last month without an announcement.”, “Goldman Sachs Group Inc. is wading deeper into the $1 trillion Bitcoin market, offering Wall Street investors a way to place big bets.”

Bridgewater CFO dalby leaving for Bitcoin services firm. According to Bloomberg Quint on Friday, 7 May, “It offers customers Bitcoin custody, execution and financing and is a subsidiary of $10 billion alternative asset manager Stone Ridge. “, “John Dalby, chief financial officer at Bridgewater Associates, is leaving to join Bitcoin financial services firm NYDIG.”

More news about Litecoin.

(Excerpt) Read more Here | 2021-05-08 19:33:40
Image credit: source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.