Overnight: A Peg Break Is the Night’s Best-Supported Story, a Nasdaq Listing Its Weakest
Photo: TheCoinrise
Of five overnight reports, the one with the most independent corroboration is also the one that says something is broken, not booming. Of five overnight reports, the one with the most independent corroboration is also the one that says something is broken, not booming. The most heavily corroborated story to land overnight is not about price, it is about collateral. Bitcoin.com News, CryptoBriefing and The Cryptonomist EN all reported that Liquid Network has halted redemptions of its pegged token back to native bitcoin, and that reserves backing L-BTC have fallen to roughly 86 percent of circulating supply.
Source: TheCoinrise
