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FUD or Facts? Terra, Celsius Show Value of Asking Questions
17.6.2022
Kicking the tires on crypto projects and holding people accountable for flaws within them is how the industry will improve and grow
XRP price technical breakdown boosts chances of a 40% drop by July
17.6.2022
XRP's bearish outlook is driven by a mix of technical and fundamental factors that could see price drop to $0.18 next
Celsius Reportedly Unlikely to Get Bailout Money from Investors
17.6.2022
As the downturn triggered by Celsius Network (CEL) continues to impact crypto businesses worldwide, investors behind the business are unlikely to ensure more financing to bail out the troubled crypto lender, "people with knowledge of the situation" told Financial News....
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Mark Cuban says crypto crash highlights Warren Buffett's wisdom
17.6.2022
The billionaire crypto investor admits there are still hard times ahead for most financial markets, but says that as long as the crypto space produces new tech, it will be fine
Maker cuts off Aave's DAI supply as fallout from Celsius continues
17.6.2022
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
16.6.2022
According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources note that Citigroup was hired by Celsius to help...
Texas securities regulator investigates Celsius over withdrawal suspension: Report
16.6.2022
Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market
How Crypto Lender Celsius Overheated
16.6.2022
Celsius rapidly became more brazen in its attempts to generate yields, using decentralized lending protocols and aggregators to juggle around client funds for the best return
Texas, Other States Open Investigation Into Celsius Network Following Account Freeze
16.6.2022
Several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals
SOL price trending toward yearly low as Solana TVL drops $870M in three days
16.6.2022
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price
Ethereum sell-off resumes with ETH price risking another 25% decline in June
16.6.2022
Ether price is forming a bear pennant pattern whose profit target comes to be near $850
Celsius Reportedly Taking Advice from Citigroup, CEO Mashinsky Calls for ‘Patience’ and 'Support'
16.6.2022
The ailing crypto lender Celsius Network (CEL) has reportedly hired the financial giant Citigroup to advise it on its options after Celsius suspended withdrawals, swaps, and between-account transfers earlier this week. Meanwhile, Celsius’ under-fire CEO Alex Mashinsky has returned to Twitter....
BitBoy founder threatens class action lawsuit against Celsius
16.6.2022
BitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first
Total supply of stablecoins dropped sharply for first time ever in Q2
16.6.2022
A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels
First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike
16.6.2022
Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
15.6.2022
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers
NEXO price drops 40% in three days on rumors of ties to 'insolvent' crypto fund
15.6.2022
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations
Celsius reportedly seeks advice from lawyers on restructuring
15.6.2022
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing
Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says
15.6.2022
The crypto lender was notorious for promoting risk-free yields on client assets, the report said
After Terra and Celsius, Crypto Market Now Might Be Hit With Three Arrows
15.6.2022
The major crypto hedge fund Three Arrows Capital (3AC) is rumored to be insolvent, with reports suggesting the firm has already faced massive liquidations and on-chain data indicating large sales of ethereum (ETH) staked on staking provider Lido in the past week....
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