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What happened Top cryptocurrencies are coming under pricing pressure. Bitcoin (CRYPTO:BTC), Ethereum‘s (CRYPTO:ETH) Ether token, and Dogecoin (CRYPTO:DOGE) have all posted significant sell-offs today — with the tokens down 2.7%, 4.7%, and 3.7%, respectively, as of 4:15 p.m. EDT. It’s possible that more near-term volatility is in the cards. House Democrats outlined plans for a series of tax increases on Monday, and the proposals from legislators… Source link

The price of Bitcoin (BTC) is facing an intense period of volatility since moving from a $52,950 top on Sept. 7 to a $42,800 low just two hours later. More recently, the $45,000 support was held for a couple of days despite being heavily tested, and this triggered a $3,400 up- and down-swing on Sept. 13. There’s little doubt that shorts — traders betting on a price decrease — have taken the upper hand since the liquidation of $3.54 billion worth of long (buyers) futures contracts on… Source link

Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back down to Earth. Walmart Inc. WMT, -0.63% said that it was the subject of a “fake news release” early Monday, with Globe Newswire publishing a report, including a falsified comment from the big box retailer’s CEO Doug McMillon, purporting to have established an arrangement with… Source link

Sept 13 (Reuters) – Walmart Inc (WMT.N) said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30% surge in the cryptocurrency’s price, was fake. The retailer said it was looking into how such an announcement, which was published by press release distributor GlobeNewswire, was issued earlier in the day. “Walmart had no knowledge of the press release issued by GlobeNewswire and there is no truth to it. Walmart has no relationship with… Source link

Two decades later, surveillance has become the norm. Our bodies are scanned with facial recognition, gait detection and a network of an untold number of security cameras. The same is true, and possibly worse, for our online activity. Emails can be monitored, our bank and credit records collected and normal web-surfing watched. Source link

by: Fareeha Rehman, Nexstar Media Wire Posted: Sep 13, 2021 / 12:08 PM CDT / Updated: Sep 13, 2021 / 12:08 PM CDT (AP Photo/Alan Diaz, File) SAN FRANCISCO (KRON) — Walmart said Monday that a fake press release was shared announcing a partnership between the retailer and cryptocurrency Litecoin. Several media outlets reported it as fact before Walmart came out and denounced the claim that customers would… Source link

The last couple of days have been quite deterring for most alts. The market’s 17th largest crypto, Litecoin was no exception to the wider melancholy. After trading above $230 for a fair period of time last week, LTC’s price paid a visit to $162 on 7 September. However, the alt was quick to rebound from the aforementioned level and has been consolidating around the $170-$180 range of late. Source: CoinMarketCap Well, the smart contract and NFT buzz has evidently been able to stir in… Source link

Newsletter: Unhedged The most important market trends and how Wall Street’s best minds respond to them. Delivered every weekday. The price of litecoin momentarily soared on Monday morning after a press release falsely claimed Walmart would allow online shoppers to pay for purchases using the cryptocurrency. The release that appeared on the GlobeNewswire distribution platform claimed the world’s largest retailer had formed a partnership to allow litecoin as a method of… Source link

Crypto investors got a fresh injection of volatility on Monday, after Litecoin (LTC-USD) spiked — then quickly tanked — after news of a partnership with Walmart (WMT) was exposed as a hoax. Litecoin rallied as high at 25% in under half an hour, after a fake announcement circulated early Monday that stated the U.S. retail giant would allow customers to pay in the digital currency. It spurred LTC up from $174 to a session high of $232 — before it came back to earth once Walmart knocked… Source link

Walmart is denying a press release that said it would start partnering with Litecoin, one of the oldest cryptocurrencies. The retailer did not immediately respond to USA TODAY’s request for comment but a spokesperson confirmed to CNBC that the release was not authentic.  The release was sent out by GlobeNewswire at 9:30 a.m. ET but has since been removed. Litecoin tweeted the press release, which claimed Walmart would start accepting the digital currency starting Oct. 1 but then deleted the… Source link