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Luxxfolio, a Canadian firm, plans a $73M raise to boost its Litecoin-focused strategy amid a shift to the 27th-largest coin.
MEI Pharma's stock soared after announcing a $100 million Litecoin purchase for its reserves, but oddly, the stock had already risen before the news, raising suspicions of insider trading.
Litecoin's price faces pressure despite its blockchain's maturity progress. The currency's development remains strong, hinting at potential future gains.
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