Celsius


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Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’

Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform had misled investors.

Swan Bitcoin CEO Cory Klippsten (CoinDesk TV, modified by CoinDesk)

Markets

'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows

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.

The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)

Markets

Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders

Bitcoin hovered around $22,000, down about 5% over the past 24 hours.

(Jan Baborák/Unsplash)

Videos

Celsius’s CEL Token Jumps 8-Fold in Intraday Spike

Aztec Network’s Jonathan Wu weighs in on crypto lending service Celsius pausing withdrawals for its users and why the platform’s CEL token jumped to an intraday high.

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Videos

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.

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Markets

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.

The Celsius both at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Videos

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."

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Videos

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.

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Videos

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.

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