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Voyager’s 60% share price plunge leads sea of red for crypto stocks

Coin Telegraph LogoCoin Telegraph1w ago

Voyager’s 60% share price plunge leads sea of red for crypto stocks

Quick Summary

VYGVF dropped as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of 50.84% for the day.

The company has also tightened its 24-hour withdrawal limit this week from $25,000 to $10,000.“$10,000 better than $0 at Celsius,” commented Redditor AdLongjumping5010 in the r/CelciusNetwork sub-Reddit in response.

Alameda Research has extended a 200 million USDC revolving loan and a 15,000 BTC revolving loan to cover Voyager’s current liquidity troubles.


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Article Details

Author / Journalist: Cointelegraph By Brian Quarmby

Category: Crypto

Topics: Crypto stocks Three Arrows Capital Voyager Digital Crypto mining stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 06:41:47

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 523 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 5679

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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