CoinDesk: Litecoin Spikes Almost 20% From Fake Walmart Press Release
Litecoin's price surged nearly 20% Monday after a fake press release stated Walmart would begin accepting the cryptocurrency as payment. LTC quickly fell back to previous levels once it was revealed the announcement was a hoax. "The Hash" panel digs into the implications for the rapid ascent and descent or "pump and dump," and the impact of "adversarial media environment" on the crypto community.
Additional Info
- Read full article on: CoinDesk
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.