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Celsius
Gensler Warns About Crypto Lenders’ High-Yield Products as BTC Plunges
U.S. Securities and Exchange Commission Chair Gary Gensler reiterated his warning to investors about cryptocurrency protocols offering high-yield returns as crypto lending application Celsius Network froze withdrawals and bitcoin’s price plummeted. “The Hash” group discusses regulatory enforcement in the digital asset space and draws comparisons to BlockFi’s services.
Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
The lender’s token reached a high of $2.57 in what appears to be a short squeeze.
Crypto Market Cap Dips Below $1T as Celsius Pauses Withdrawals
Sean Farrell, Fundstrat Global Advisors head of digital asset strategy, joins "First Mover" to discuss his outlook on the crypto market as bitcoin falls below $23,000 and Celsius freezes withdrawals due to "extreme market conditions."
What's Happening at Celsius Is 'So Opaque': Swan Bitcoin CEO
Crypto lending service Celsius announced it would pause withdrawals, due to "extreme market conditions." Swan Bitcoin CEO Cory Klippsten joins "First Mover" to discuss his concerns over Celsius' business model.
Bitcoin Plunges as Celsius Pausing Withdrawals Weighs on Sentiment
Gritt Trakulhoon, Titan investment analyst, discusses the likely catalysts behind bitcoin's plunge below $23,000. Plus, he weighs in on the state of retail investors as Celsius pauses withdrawals for its users.
First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K
Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.
Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
Bank of England Chief Takes Victory Lap as Crypto Crumbles
Andrew Bailey, the head of the U.K. central bank, was testifying in Parliament on Monday afternoon.
First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals
The latest moves in crypto markets in context for June 13, 2022.
Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals
Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.
