Celsius

Posted by | February 3, 2024
Fading Downside Pressures on the Crypto Market Could Foster a Better Trading Environment: Coinbase Analysts

Analysts at top-US-based crypto exchange Coinbase say that fading downside pressures could create healthier market conditions for investors. In a new analysis, Coinbase says that many factors dampening Bitcoin (BTC)...

Continue Reading
Posted by | February 1, 2024
Embattled Crypto Lender Celsius Escapes Chapter 11 Bankruptcy, To Distribute $3 Billion in Crypto to Creditors

Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors billions of dollars. In a new press release, the embattled crypto firm...

Continue Reading
Posted by | January 26, 2024
Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH

Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions by Celsius, a bankrupt crypto lender. Reports from on-chain analyst Lookonchain indicate...

Continue Reading
Posted by | January 24, 2024
Celsius Wallet Deposits Nearly $36,000,000 Worth of Ethereum (ETH) Into Crypto Exchanges: On-Chain Data

A wallet associated with the defunct crypto lending platform Celsius deposited $30.34 million worth of Ethereum (ETH) to Coinbase on Monday, according to the crypto tracker Lookonchain. Lookonchain also notes...

Continue Reading
Posted by | January 22, 2024
Crypto Expert Predicts Over 700,000 Bitcoin Sell-Off In 2024: Here’s Why

In a recent analysis, Kiarash Hossainpour, founder of Colorways Ventures and The Consensus, warns of a potential shockwave in the Bitcoin market and pointed to several significant Bitcoin holdings that...

Continue Reading
Posted by | January 20, 2024
Brace For Crypto Market Waves: FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves...

Continue Reading
Posted by | January 15, 2024
Ethereum Bloodbath Incoming? Celsius’ $125 Million Move Threatens ETH Price

The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun...

Continue Reading
Posted by | January 10, 2024
Celsius Seeks Repayment: Creditors Urged To Return 27.5% Of Funds

Surprisingly, bankrupt crypto lender Celsius Network customers are now facing legal action from bankruptcy managers after making substantial withdrawals within 90 days before the company’s bankruptcy declaration.  The bankruptcy managers...

Continue Reading
Posted by | January 7, 2024
Bankrupt Lender Celsius Waiting to Unstake Nearly $470,000,000 Worth of Ethereum (ETH): Nansen

Defunct crypto lending platform Celsius is in line to unstake and presumably sell nearly half a billion dollars worth of Ethereum (ETH), according to on-chain data. Celsius, now going through...

Continue Reading
Posted by | January 5, 2024
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws

Ethereum's validators are stuck waiting several days to withdraw their staked ether (ETH), and the defunct crypto lender Celsius may be partially to blame for the backlog. Validators stake ETH...

Continue Reading