Tag Archives: bitcoin

Litecoin Falls 10% In Bearish Trade By Investing.com – Investing.com

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Investing.com - Litecoin was trading at $80.546 by 14:06 (18:06 GMT) on the Investing.com Index on Saturday, down 10.22% on the day. It was the largest one-day percentage loss since April 12.

The move downwards pushed Litecoin's market cap down to $6.085B, or 0.25% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Litecoin had traded in a range of $80.523 to $86.522 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 18.24%. The volume of Litecoin traded in the twenty-four hours to time of writing was $1.040B or 0.81% of the total volume of all cryptocurrencies. It has traded in a range of $80.4295 to $105.8900 in the past 7 days.

At its current price, Litecoin is still down 80.82% from its all-time high of $420.00 set on December 12, 2017.

Bitcoin was last at $66,600.4 on the Investing.com Index, down 2.27% on the day.

Ethereum was trading at $3,186.23 on the Investing.com Index, a loss of 4.24%.

Bitcoin's market cap was last at $1,314.242B or 54.83% of the total cryptocurrency market cap, while Ethereum's market cap totaled $384.332B or 16.04% of the total cryptocurrency market value.

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Litecoin Falls 10% In Bearish Trade By Investing.com - Investing.com

Valkyrie’s Fourth Amendment for the Launch of a Bitcoin ETF – Crypto Times

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A prominent player in the digital asset management industry, Valkyrie Investments, recently filed its fourth amendment with the Securities and Exchange Commission (SEC) to introduce a spot Bitcoin Exchange-Traded Fund (ETF) in the US.

This move demonstrates Valkyries continued commitment to getting past regulatory obstacles, despite past setbacks.

The companys unwavering strategy in this area demonstrates its commitment to creating a Bitcoin spot ETF, a financial instrument that has seen tremendous demand but intense regulatory scrutiny.

This comes after news that CoinShares, a well-known European cryptocurrency exchange-traded fund issuer, has acquired the sole right to buy Valkyrie Funds, with an expiration date of March 31, 2024.

This calculated move emphasizes the goal of strengthening a dominant position in the US digital asset investment market to create a comprehensive worldwide platform for digital asset investments.

This partnership could change the environment for bitcoin investments by bringing together a wealth of knowledge and resources from the digital asset management sector.

The fact that Blackrock and Fidelity have recently held talks with the SEC has added to the industrys growing expectations.

With a crucial deadline approaching on January 10, 2024, this development is seen as a promising sign of the SECs upcoming decision-making regarding the approval of spot Bitcoin ETFs.

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Valkyrie's Fourth Amendment for the Launch of a Bitcoin ETF - Crypto Times