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While Litecoin (LTC) has validated a long-term bullish structure, the direction of the short-term trend seems to be bearish
LTC has been falling since reaching a high of $413.49 in April 2021. The downward movement has so far led to a low of $40.30 in June.
Summary:
Crypto lender Hodlnaut has frozen user funds amid supposed liquidity constraints.
The service announced an indefinite halt on all withdrawals.
Other services like deposits and token swaps have been paused as well till further notice.
The United States-based Bitcoin mining company, Stronghold Digital Mining (SDIG), announced on Tuesday new moves to elevate outstanding debt and restructure its financial operations.