Litecoin News Fake - Walmart And Litecoin Payment News Debunked By Walmart Spokesperson Ltc Prices Shudder From Fake News Bitcoin News

Loraine Bender

10 Nov, 2021

Following the hoax news the price of LTC went up by 20. Unfortunately the news appeared to be fake and the market dumped subsequently.

Litecoin Foundation Auf Twitter An Official Statement Regarding Today S False News Charlie Lee Will Be Live On Bloomberg Today At 2pm Pst Addressing The Subject Https T Co 8cm2nerbpu

The fake announcement quickly made headlines and was even taken over by major.

Litecoin news fake. How fake the news. LTC Crypto Prices Soar 25 Then Plunge After Walmart Confirms Litecoin Crypto News Is Fake Litecoin prices are subject to the effects of a PR hoax this morning bringing turmoil to the coins. Litecoin Foundation Has No Incentive To Pump And Dump.

The fake news release caused the price of litecoin to spike almost 30 on Monday morning before returning to previous levels. Just one week before this fake news broke Litecoin issued a major update to how its network operates. Walmart Inc said on Monday it was looking into how a fake press statement announcing a partnership with litecoin which briefly led to near 30 gains in the cryptocurrency was issued by news.

A fake press release on a little-known website GlobeNewsWire today claimed that retail giant Walmart was set to partner with Litecoin and accept cryptocurrency payments. If confirmed as a fake the price of LiteCoin could come crashing down. Diese 3 Kryptos sind Alternativen von Bitcoin und Co.

There was a hoax Walmart Partnership announcement from Litecoin. By Jamie Crawley Sep 13 2021 at 147 pm. Litecoin recently unveiled smart contract technology.

And it isnt just fake news that affects cryptocurrency prices as real news can cause price changes as well. Die Mischung aus Neugier Unwissenheit ist für viele Anleger verheerend. Litecoin surged by more than 35 then crashed today after a fake Walmart partnership announcement surfaced online.

Heres an article to get you started. Litecoin LTC the 12 th most valuable cryptocurrency by market capitalization gained more than 36 in less than one hour today after a news report that turned out to be fake said the US retail giant Walmart had entered into a major partnership with Litecoin. Reports are now circulating that the WalmartLitecoin partnership is fake news.

1 min read Sep 13 2021. It seems like the news that Walmart had a partnership with Litecoin was fake news. However the price plunged after Walmart debunked the fake news of partnership.

Litecoin made an official announcement on their Twitter page that they partnered with Walmart. On September 14th 2021 Litecoin suddenly made headlines causing the coin to suddenly spike in price. The Litecoin Foundation and a spokesperson for the project have since debunked the news.

Walmart spokesman Randy. The latest example is a fake press release sent on Monday in which Walmart WMTN purportedly announced it will be accepting litecoin a bitcoin spinoff. This news was brought to you by Phemex our preferred Derivatives.

And the Litecoin Foundation would have no benefit from operating a pump and dump scheme. Litecoin Pumps and Dumps on Fake Walmart News Bitcoin Ethereum React Too. You would think this would cause the price to rise but it had the opposite effect and the.

It sued to be the third place of the crypto market until replaced by Ripple Dogecoin and Cardano. But the press release that caused it to quickly rise in price turned out to be fake causing an equally abrupt fall in price thus reminding people that cryptocurrency is extremely volatile investment that is highly susceptible to propaganda. How Fake it is.

The hoax news was that Walmart was accepting payments in LTC. The market reaction to Litecoin price has shot up to 233 before back to 180. On-chain data shows that LTC is stuck within stiff support and resistance.

Litecoin is popular in 2017 but fades out in recent years. As you observe how media actually reporting their news to drift regulation citizens attentions. Litecoin is a decentralized cryptocurrency which means that anyone could post out fake news in a bid to pump the price.

Video Screenshot Bloomberg Technology YouTube. Lesson learned from the fake news. Litecoin price surges 35 following Walmart adoption hoax.

Even Reuters was tricked into the news and created an article but Walmart officials deny any connection with the cryptocurrency Litecoin. The lesser known digital assets value. Yesterday a fake press release popped up on the distribution platform GlobeNewsWire that announced a partnership between the 17 cryptocurrency on CoinMarketCap.

Litecoin briefly spiked on what turned out to be a fake press release announcing Walmart would accept Litecoin. More crypto news and information. After this news got debunked the market started to crash.

According to the hoax Walmart would have included Litecoin as a payment option in their online stores. Walmart continues to look at blockchain technology. Following Mondays fake press release about a partnership between the US retail giant Walmart and the Litecoin Foundation Litecoin LTC creator Charlie Lee says the pretty much the only thing the Foundation can do is to make sure they never screw up again by tweeting out fake news.

Mainstream news media. Litecoin tie-ups with Walmart or Walmart tie-ups with Litecoin. The entire cryptocurrency market pumped when news that the US-based e-commerce giant Walmart has inked a partnership deal with Litecoin to enable its customers to make payment with LTC broke out.

A release was distributed via a prominent news service earlier this morning highlighting the partnership between the. CNBC Reuters Decrypt. Photo by visuals on Unsplash.

Cryptocurrency litecoin gave up a 20 gain and tumbled back to Earth following a fake press release sent out by GlobeNewswire that referenced a partnership with Walmart. The interesting observation is that the price of Litecoin did not collapse but was stable at the previous level. In short it became a bit more akin to Ethereum with smart contract DAO and NFT functionality.

Create an account to save your articles. Take a look at Cardano which on the same day as the fake Litecoin story launched added smart contract capabilities to their blockchain. The price of Litecoin LTC rose to more than 237 earlier on Monday following erroneous reports from major news outlets that United States retailer Walmart would be introducing a payment option for the cryptocurrency on all of its e-commerce websites.

Holders of Litecoin were excited and the market went haywire. If you want to find out more information about Bitcoin or cryptocurrencies in general then use the search box at the top of this page. Litecoin is a cryptocurrency founded in 2011 two years after.

Fake news send Litecoin soaring by 35 in 15 minutes.

Fake News The Price Of Litecoin Has Risen By 35 As A Result Of The Walmart Adoption Hoax Ultcoin365 區塊鏈新聞

Fake News Alert Walmart Litecoin Partnership Coinquora

Fake News Of Walmart Adopting Litecoin Causes Crypto Markets To Pump And Dump Billions In Minutes

Litecoin Hoax Highlights Crypto Market Vulnerable To Scams Walmart Has No Relationship With Litecoin Says Big Box Retailer Marketwatch

Fake Walmart Litecoin News Cries For Regulation Reuters

Mr Whale On Twitter Fake News Now Circulating That Walmart The World S Largest Grocer Is Partnering With Litecoin Litecoin Has Since Surged Nearly 30 And Many Reputable News Blogs Are Reporting On