The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a gamestop/wallsteetbets like short squeeze. Notably, the rally started after PlanC, an independent market analyst, announced a $20 million bounty for anyone who could prove that the...
On Sunday, the crypto lending platform Solend launched a governance vote titled “SLND1 : Mitigate Risk From Whale.” It allowed Solend to reduce the risk the whale’s liquidation poses to the market by letting the lending platform access the whale’s wallet and letting the...
The Celsius drama continues to tear apart trust in centralized exchanges, thus raising awareness on the differences between centralized exchanges, software wallets, and hardware wallets. If mass liquidation events continue to occur in the crypto market, users are left wondering which exchange...
The U.S. Federal Reserve is meeting this week to discuss a fresh inflation report that shocked the markets last week. A a 75 basis point (0.75 percentage point) hike is suddenly seen as all but certain after the Wall Street Journal reported that officials were considering a bigger increase than...
Coinbase, an American cryptocurrency exchange, is pruning its workforce by 18% in preparation for a recession it says could lead to another crypto winter. Brain Armstrong, Coinbase’s Chief Executive Officer and Co-Founder, made the decision public on Tuesday and has been on a PR nightmare...
U.S. Treasury yields pulled back slightly on Wednesday morning ahead of the Federal Reserve’s key monetary policy announcement. Traders initially anticipated a 50-basis-point interest rate hike, but in light of the red hot inflation print, the market is now pricing a more than 95% chance of...
Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc (MSTR.O) to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency markets on edge. Meanwhile, Celsius continues to top up collateral......
Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending platform which is used by more than 1.7 million people in the crypto space made this announcement following the recent bloodbath. Celsius’ decision to do this has naturally...
Helium’s mission has been to rapidly build open, affordable, and secure global wireless networks that are owned and operated by the people. The first real-world implementation of this vision was launched in 2019 for the Internet of Things (IoT), the most underserved market in the...
Even though the entire crypto market took a hit this morning, Ethereum (ETH) crashed down -10%. This may have been in part due to several bad news stories that hit today: a possible malicious attack on ethereums network, Vitalik Buterin announcing his next crypto project, and Solana exceeding...
These past few days have proven to be some of the worst days we've seen in crypto ever. But how does sentiment about crypto hold up? An onslaught of bad news and continued negative sentiment around inflation and the economy has slammed the crypto markets. On this episode, we're specifically...
Could Helium be one of the chosen Altcoins in the coming market adjustment? This is one of the blockchain projects with the ultimate in utility! The Helium Network, also known as “The People’s Network”, is live with 28,000+ Hotspots in over 3,800 cities worldwide. Another...