Celsius

Here’s a look at how three of the most popular cryptocurrencies have performed in 2022 and how much a hypothetical investment of $1,000 in each would be worth now. What Happened: After a strong 2021 for the cryptocurrency market, 2022 could go down as one of the darker periods for the...

Beleaguered cryptocurrency lender Celsius is attempting to return coins to a small number of users who have been locked out of their accounts. For around $50 million worth of cryptos that had been locked on the platform, the business requested a U.S. bankruptcy judge for permission to release the...

Retailer Bed Bath & Beyond (NASDAQ: BBBY) has been one of the bigger stock storylines of 2022. The popular stock that has been labeled among the “meme stocks” saw strong interest after GameStop Corporation (NYSE: GME) Chairman Ryan Cohen accumulated a stake in the company. The...

The native token of bankrupt crypto lender Celsius Network (CRYPTO: CEL) was the biggest gainer last week, gaining 181% over seven days. The token’s massive rally was largely fuelled by a retail-driven short squeeze, with traders following the "#CELShortSqueeze" hashtag on...

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second-quarter financial results after market close Tuesday. Here’s what analysts are saying about the company, the crypto bear market and what’s ahead. The Coinbase Analysts: Bank of America analyst Jason Kupferberg...

A retail-driven short squeeze pushed bankrupt cryptocurrency lender Celsius Network's (CRYPTO: CEL) native token up 25% on Monday. What Happened: CEL rallied from $1.44 to a high of $1.82 over 24 hours, as per data from Benzinga Pro. The token was up 21.89% against ...

Bankrupt crypto lending platform Celsius has sought a judge's permission to reinstate the company’s former CFO Rod Bolger and pay him $93,000 each month over a minimum of six weeks. According to a motion filed with the Southern District of New York Bankruptcy...

Bankrupt cryptocurrency lender Celsius on Friday confirmed that a list of customer emails had been leaked in a data breach and an analyst is warning against phishning emails that could target the affected users. What Happened: In a July 26 email to customers, Celsius informed them that...

Electric vehicle company Tesla Inc (NASDAQ: TSLA) purchased $1.5 billion of Bitcoin (CRYPTO: BTC) in January 2021. After two sales, the company now holds less than $250 million of the leading cryptocurrency. Did the timing of a recent sale help lead Bitcoin into a crash? What Happened: Tesla...

Singapore-headquartered crypto exchange Zipmex said on Thursday it was exploring all possible options to resume customer withdrawals, a day after it froze all client funds. The exchange, having operations in Singapore, Australia, Indonesia and Thailand said, “Zipmex is...

Coinbase Global Inc (NASDAQ: COIN) said that struggling cryptocurrency firms that failed to successfully navigate the economy engaged in risky lending practices. What Happened: “We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the...

Bankrupt cryptocurrency lender Celsius’ lawyers have asserted that the platform’s users gave up rights to the digital coins deposited in the borrow-and-earn programs. What Happened: At the first bankruptcy hearing on July 18, Celsius legal counsel Kirkland &...

A recent court filing revealed a $1.2 billion hole within the balance sheet of crypto lender Celsius (CRYPTO: CEL). What Happened: Celsius has had an extremely tumultuous few months, facing large-scale illiquidity and having had to freeze cryptocurrency withdrawals from its platform. In a recent...

Dogecoin (CRYPTO: DOGE) cofounder Jackson Palmer took to Twitter Inc (NYSE: TWTR) to share his disapproval of bankrupt crypto lender Celsius Network. What Happened: “Mind-boggling that even though they've filed for bankruptcy, you can still click "Get Started" on the Celsius...

Market participants shared concerns that cryptocurrency lender Celsius might sell $500 million Bitcoin (CRYPTO: BTC) transferred to FTX on Thursday. What Happened:  The Celsius Network sent 24,462  Wrapped Bitcoin (CRYPTO: WBTC) to crypto exchange FTX,  according to a...