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Earlier this week, Tron founder Justin Sun bought about 5 million Curve (CRV) tokens to help avert a potential unhealthy debt disaster following a drop in CRV’s value that threatened to liquidate a big mortgage linked to Curve Finance founder Michael Egorov, with other DeFi members additionally stepping in to buy discounted CRV tokens. And Litecoin (LTC) recently plunged almost 6%, regardless of the token’s anticipated halving event, which minimize miners rewards in half, curbing the issuance of new tokens. Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), and more. LTC is down 22% from its yearly high recorded a month ago, CoinDesk Indices data showed. The CoinDesk Market Index (CMI), a measure of crypto markets efficiency, was recently down 0.5%. The CMI has veered from unfavourable to optimistic and back again. UNI, the token of the Uniswap decentralized exchange, and bitcoin spinoff BCH, have been recently down greater than 6% and 5%, respectively.
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