Market Wrap 22.10.30
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BlockFi has become the latest company to fall victim to the contagion black hole stemming from the fall of FTX. After FTX filed for bankruptcy earlier this November, BlockFi announced that it was suspending withdrawals amid the ongoing crisis. Just days after the crypto lender’s announcement, BlockFi has been forced to file for chapter 11 …
Litecoin (LTC) diverged from the broader market in November. While Bitcoin (BTC) and Ethereum (ETH) are down 21.53% and 24.92%, respectively, in the past month, Litecoin has risen 30.50% in the same time frame. In addition, it had an enormous run in its pairing against Ethereum. Litecoin is a decentralized, open-source payment system that allows …
LTC Encounters Turbulence After Diverging From Market in November Read More »
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