Category: litecoin (LTC)

Litecoin bulls regaining control after crucial support, but on-chain metrics reveal immense resistance ahead

Litecoin rebounded from crucial support between $68 and $70 but has stalled under $75. LTC/USD is likely to settle for consolidation between $68 and $75 ahead of a potential breakout. Litecoin price hit a barrier marginally under $80 following a 23% spike in just two days. The sixth-largest cryptocurrency retreated to establish and confirm support […]

Continue Reading

Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead

Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead

The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm mandated with administering Quadriga’s liquidation process, says it will not […]

Continue Reading