Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko
Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: KaikoMost Celsius's altcoin holdings have seen their liquidity drop by as much as 84% over the past year.
Happy Tuesday!The global crypto market cap is $1.19 trillion, with a 24-hour volume of $32.63 billion. The price of Bitcoin is $30,623.79, and BTC market dominance is 50.0%. The price of Ethereum is $1,873.23, and ETH market dominance is 18.9%. The best-performing sector is Cannabis, which gained 12%. The Crypto Fear & Greed Index is currently Greed (57). Top News
Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: KaikoMost Celsius's altcoin holdings have seen their liquidity drop by as much as 84% over the past year. Georgian billionaire’s legal team denounces charges as unsubstantiated and politically motivatedGeorge Bachiashvili faces 9 to 12 years in prison if convicted, but his legal team has dismissed the charges against him as "absurd." Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-complianceRegulators have published a market alert concerning the exchange's MVP license. Latest Insights
More NewsBitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton saysSufficient surveillance sharing agreements could convince the SEC to approve a spot Bitcoin ETF, according to the agency's former chair. Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrowsGBTC shares have outperformed Bitcoin over the past month. Ripple CTO predicts summary judgment for September, says delay not unusualPro-XRP lawyer John Deaton has warned the XRP community not to contact Judge Analisa Torres. US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violationsTwo U.S. lawmakers are seeking an investigation into Prometheum, Inc. for possible perjury before Congress. Consensys launches alpha version of Linea mainnetThe release will allow for faster and less expensive transactions via zkEVM rollups.
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Tether addresses depeg fears as Binance.US faces 8% Bitcoin discount
Monday, July 10, 2023
Binance.US has experienced huge price swings with its US dollar pairs since the SEC filed a lawsuit against it.
The big nickel short
Sunday, July 9, 2023
CryptoSlate's latest market report dives deep into the nickel crisis that began in March 2022, to analyze the overlooked crisis' effect on the crypto market.
US presidential candidate RFK Jr.’s financial disclosures reveal up to $250,000 in Bitcoin
Saturday, July 8, 2023
Kennedy has been a vocal supporter of the crypto industry since he began his campaign.
New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hours
Friday, July 7, 2023
The VMPX token website does not provide any information about its utility and some are questioning its purpose.
Celsius moves altcoins to new wallets in preparation for Bitcoin and Ethereum conversion
Thursday, July 6, 2023
The bankrupt firm moved some of its altcoin and stablecoin holdings to crypto firms like Wintermute, Paxos and Fireblocks.
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