Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
Tether described certain rumors spreading to this effect as "completely false and likely spread to induce further panic."
Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports
Celsius announced early Monday it would pause withdrawals along with its swap and transfer products, citing "extreme market conditions."
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.
'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.
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.
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.
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."
