Markets

Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Markets

L'oscillazione del prezzo di stETH mostra la paura che Celsius possa vendere una quota di 435 milioni di dollari

Lo sconto su stETH, un derivato dell'ether, è aumentato quando il prestatore Cripto ha recuperato e poi trasferito quasi il 10% dell'offerta totale del token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Markets

La oscilación del precio de stETH muestra el temor de que Celsius pueda deshacerse de una participación de 435 millones de dólares

El descuento en stETH, un derivado del ether, aumentó cuando el prestamista de Cripto reclamó y luego transfirió casi el 10% del suministro total del token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Markets

Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound

The troubled crypto lender previously paid off loans from Aave and Maker.

(Piaras Ó Mídheach/Web Summit via Sportsfile)

Videos

3AC Founder Briefly Surfaces; Buterin Defends Ethereum

Court gives Three Arrows Capital liquidators permission to claim US assets. Celsius pays off USDC loan on Aave, unlocks over $415 million in collateral. Buterin defends proof-of-stake blockchain ahead of Ethereum merge. Lightspeed launches $500 million fund for India and South East Asia.

CoinDesk placeholder image

Layer 2

DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius

DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency.

DoNotPay CEO Joshua Browder on CoinDesk TV’s “First Mover.” (CoinDesk TV, modified)

Markets

First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected

The latest price moves in crypto markets in context for July 13, 2022.

(Pixabay/Geralt)

Markets

First Mover Americas: Bitcoin crolla dopo che i dati CPI sono stati più caldi del previsto

Gli ultimi movimenti di prezzo nei Mercati Cripto nel contesto del 13 luglio 2022.

(Pixabay/Geralt)

Markets

First Mover Americas: Bitcoin cae después de que los datos del IPC sean más calientes de lo esperado

Los últimos movimientos de precios en los Cripto en contexto para el 13 de julio de 2022.

(Pixabay/Geralt)

Markets

Pioneiro nas Américas: Bitcoin cai depois que os dados do CPI chegam mais quentes do que o esperado

Os últimos movimentos de preços nos Mercados de Cripto no contexto de 13 de julho de 2022.

(Pixabay/Geralt)