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During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained…
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks.
Babel Finance, a Hong Kong-based cryptocurrency lending company, has announced that it is suspending withdrawals. Babel Suspends Redemptions and Withdrawals Babel wrote today that “redemptions and withdrawals from Babel Finance...
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
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…
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.
Crypto lender Celsius is faced with an investigation from regulators from four different states for freezing customer accounts over solvency concerns. Multiple State Regulators Investigating Celsius Regulators have launched an...
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…
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.
BitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first.