Celsius’ crisis exposes problems of low liquidity in bear markets
Third-party custodians like Celsius failing is a reminder of one of the most basic principles of crypto; not your keys, not your coins. Go to Source Powered by WPeMatico
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ECB head calls for separate framework to regulate crypto lending
Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators Go to Source Powered by WPeMatico
Crypto lending can still survive bear market, analyst says
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst. Go to Source Powered by WPeMatico
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. Go to Source Powered by WPeMatico
Texas securities regulator investigates Celsius over withdrawal suspension: Report
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. Go to Source Powered by WPeMatico
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations. Go to Source Powered by WPeMatico
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.” Go to Source Powered by WPeMatico
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
ETH’s latest plunge could bring more pain despite expectations that $1,200 should hold. Go to Source Powered by WPeMatico
Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH
ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it. Go to Source Powered by WPeMatico
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different? Go to Source Powered by WPeMatico
