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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....
Read More: After Terra...
Tether Condemns 3 'False Rumors’ About Its Exposure
15.6.2022
Tether, the company that issues the biggest USD-pegged stablecoin USDT, said that it condemns what it calls “false rumors” that its holdings include large amounts of Chinese commercial paper that supposedly trades at a discount. The company also distanced itself from Celsius (CEL) and Three...
Celcius Reportedly Hiring ‘Restructuring Lawyers’ as Bankruptcy Speculation Mounts, CEL Pumps & Dumps
15.6.2022
A torrid week for the users and operators of the crypto lender Celsius Network (CEL) is continuing – with restructuring lawyers reportedly called in to help enact emergency measures. Meanwhile, CEL is on a roller coaster today....
Read More: Celcius Reportedly Hiring ‘Restructuring Lawyers’...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
15.6.2022
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys...
Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports
15.6.2022
Celsius announced early Monday it would pause withdrawals and its swap and transfer products, citing "extreme market conditions."
Když Celsius zastaví výběry a nálada na trhu s kryptoměnami klesne pod bod mrazu
15.6.2022
Hodnota spotového trhu s kryptoměnami poprvé od loňského ledna klesla pod jeden bilion dolarů a nyní přešlapuje okolo 921 miliard dolarů. Navíc tu máme novou černou labuť, tentokráte z říše centralizovaných depozitářů
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
15.6.2022
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
15.6.2022
Swan Bitcoin CEO Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform Celsius had misled investors
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
15.6.2022
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank...
'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
15.6.2022
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
14.6.2022
CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders
Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
14.6.2022
The CeFi lender’s token reached a high of $2.57 in what appears to be a short squeeze
Ethereum crashed by 94% in 2018 — will history repeat with ETH price bottoming at $375?
14.6.2022
ETH's latest plunge could bring more pain despite expectations that $1,200 should hold
Celsius Tops Up More Collateral to Avoid Loan Liquidation, Faces ETH Squeeze
14.6.2022
The troubled crypto lending and borrowing company Celsius (CEL), which on Monday halted withdrawals due to “extreme market conditions,” is adding more collateral for a loan on the MakerDAO (MKR) decentralized finance (DeFi) protocol to avoid liquidation. At the same time, the company is facing...