Celsius has $5.5 billion in liabilities and $4.3 billion in assets, a filing from Thursday shows It has 23,000 loans to retail borrowers in the amount of $411 million A new filing from Celsius lays ou...
Tag: Faces
Why StarkWare Faces Backlash Over Token Design
Ethereum second layer scalability company StarkWare confirmed the rumors about the upcoming launch of the StarkNet token. The asset is aimed at enabling the project to operate a decentralized ecosyste...
Bitcoin Faces Restriction below $20,000 as It Plunges to $18,905 Low
Jul 14, 2022 at 10:50 // Price Bitcoin (BTC) is in a downward correction as the cryptocurrency struggles below its moving average lines. Since July 12, the BTC price has been below the moving average ...
Bitcoin faces greater downside risk than Ethereum- Here’s why
The entire cryptocurrency market has been registering selling pressure while the discovery of the ‘bottom’ continues. Amid the bearish price action, more than 62,000 traders were liquidated in the las...
Litecoin Initiates a Fresh Decline as It Faces Resistance at $55
Jul 13, 2022 at 10:06 // Price Litecoin (LTC) price is in a downtrend and resumed selling pressure after rejecting the high at $55. On July 9, bulls attempted to break above the 21-day line SMA but we...
Uniswap price analysis: UNI faces bearish crossover after failing to test $6.38 resistance
Uniswap price analysis remains bearish today, following from yesterday’s massive 16 percent decline that took price down to $5.25 support. UNI declined more than 2 percent over the past 24 hours...
Stock market faces inflation test Wednesday: Here are ‘good, bad and ugly’ scenarios
Expectation for U.S. inflation have fallen over the past month thanks largely to the drop in industrial and agricultural commodity prices. This trend has shown up in the Federal Reserve Bank of New Yo...
Binance CEO Faces Flak Over “Irresponsible” Uniswap Tweet, Here’s Why
Binance CEO, Changpeng ‘CZ’ Zhao, tweeted about what he believed to be a potential exploit on the Uniswap V3 protocol on the Ethereum blockchain. He revealed that the hacker had already stolen about 4...
Voyager Faces User Backlash Over Funds
Crypto lending firm Voyager posted an update on its “restructuring process” and how it will impact its crypto users. Last week, the company filed for bankruptcy following a default on a $650 million l...
BTC Price Slumps as It Faces Stiff Resistance at $22.4K
Bitcoin Revisits Its Previous Low as It Faces Stiff Resistance at $22.4K – July 10, 2022 BTC/USD declines to the previous low as it faces stiff resistance at $22.4K. Since July 7, Bitcoin (BTC) has be...
Crypto Exchange Blockchain.com Faces $270M Loss on 3AC Loans – crypto.news
Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago. The firm’s CEO reassured clients that they would suffer no repercussions from th...
Biden’s Quest for Saudi Oil Faces Reality-Check of Slim Capacity
(Bloomberg) — Most Read from Bloomberg Even if Joe Biden secures a pledge for more oil when he visits Saudi Arabia this week, it may do little to drive down the high fuel prices roiling the glob...
Solana Labs Faces Class Action Lawsuit Over Violation of Securities Laws – crypto.news
An aggrieved investor is accusing Solana Labs, its co-founder, and other entities of promoting the SOL token classified as unregistered security which benefited insiders and caused losses to investors...
Why is half a billion in Bitcoin flooding market as Celsius faces fraud allegations?
Embattled crypto lender Celsius, who are staring insolvency in the face due to knock-on effects of the crypto contagion, about which I wrote a deep dive here last month, may be landing a further body ...
Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC
Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back. In fresh correspondence dated July 6, attorney Nobuaki Kobayashi, appoin...
Solana Labs Faces Class-Action Lawsuit in California. Here’s Why It’s Important
Alex Dovbnya Solana Labs has been slammed with a class-action lawsuit in California Solana Labs, a non-profit organization behind the Solana blockchain, has been hit with a class-action lawsuit that w...
Celsius Faces Lawsuit From Former Partner KeyFi
Key Takeaways Jason Stone, the head of KeyFi, says that Celsius owes money after KeyFi briefly managed client funds on its behalf. Celsius supposedly failed to hedge against risk, which became clear w...
FTX Derivatives Faces Pushback From Wall Street
As FTX pushes for crypto subordinates in the U.S., laid-out trades push back The trade’s proposition would open retail financial backers to hazardous monetary items, as per adversaries FTX CEO is reso...
FTX Derivatives Play Faces Pushback From Wall Street
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin derivatives to retail investors in a move opposed by traditional exch...
Hulu faces existential crisis as Disney decides how to move forward
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California. Rachel Murray | Getty Images Disney has a H...
Boris Johnson Faces Mounting Pressure To Resign—Here’s How It All Went Wrong
Topline British Prime Minister Boris Johnson refused to step down Wednesday night despite mounting pressure from Parliament and a wave of resignations following the latest scandal in a tumultuous thre...
Bitcoin Faces Constant Rejection at $20,000, Can Bulls Save the BTC Price Rally?
Bitcoin price is stuck up at these ranges from quiet a long time as the bulls are unable to offer the required boost to the BTC price. While multiple events are impacting the price, Voyager Digital be...
Litecoin price analysis: LTC faces another rejection around $52 as buyer interest falters
Litecoin price analysis is bearish today, as price faced another rejection around the $52 mark over the past 24 hours. LTC seemed to be recording an uptrend at the start of the week which came to an a...
Bitcoin Price Analysis: BTC Faces Key Resistance Near $21K
Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading above $19,600 and the 55 simple moving average (4-hours). There was a break above a major b...
Bitcoin Faces Another Rejection, Can Bulls Save The Day
Bitcoin spiked above the $20,500 resistance against the US Dollar. BTC is now struggling near $19,800, with a major support near the $19,600 zone. Bitcoin made another attempt to gain strength above $...
Bitcoin faces fresh pressure as US dollar crushes gold, risk assets
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year rec...
Ripple May Resume Fresh Decline as It Faces Resistance at $0.32
Jul 05, 2022 at 11:22 // Price The price of Ripple (XRP) is still in a downward correction after the recent drop to a low of $0.30 on July 1. In the latest price action, the bulls failed to break the ...
Stock Market Faces Earnings Shock as Economy Falters
(Bloomberg) — Don’t let optimism among equity analysts fool you: Earnings forecasts are likely to be slashed as spiraling inflation and rising interest rates put the brakes on spending. Most Rea...
Cardano price analysis: ADA faces rejection at $0.453 as price falls to $0.449
The Cardano price analysis is showing bears are in the lead today. Bears started gaining strength at the start of the trading session and took the price down to the $0.445 range, where recently ADA fo...
Coinbase Faces A New Scandal
Coinbase Global (COIN) – Get Coinbase Global Inc Report is having a wild week. The cryptocurrency exchange platform confronted a report that it is selling Immigrations and Customs Enforcement a...