The Bigger Picture Behind the Walmart-Litecoin Saga…
It's not like mainstream media would get anything wrong (sarcasm)…
Well last week, major financial news organisations were left red-faced after a massive blunder.
It all started when a press release published via GlobeNewswire, claimed that Walmart and Litecoin agreed a partnership. The “partnership” entailed that the world's largest retailer will accept Litecoin as payment on its e-commerce platforms.
Within minutes, the likes of CNBC, Bloomberg News and Reuters published their own headlines on the alleged Walmart-Litecoin partnership.
But here's the thing…
The partnership was false, fake news, BS - whatever you want to call it. Even Walmart had to come out to deny the press release.
But look what happened to the price of Litecoin before and after it was published:
You can find the full Article here