tk Author: Nikhilesh De
Archives for August 2022
‘Consumer Business Is Dead’ for Crypto Lender Celsius, Bankruptcy Expert Says
Thomas Braziel, partner at investment firm 507 Capital, joined CoinDesk TV’s “First Mover” to discuss Celsius Network and why its relationship with customers could be over. Author: Fran Velasquez
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
The token issued by Stable Universal has dropped to 8% below its $1 peg. Author: Oliver Knight
First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
The price of the troubled crypto lending platform’s CEL has been rising, to observers’ puzzlement. Author: Shaurya Malwa, James Rubin
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth consecutive day, dropping 1.2% over the past 24 hours. The […]
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