The Latest Breaking News from Celsius

As crypto assets are digital assets, the rate of return is sensitive to changes in the global liquidity conditions

In this week’s newsletter: Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there?

What happened this weekend to crypto markets?

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

In the past week bitcoin has fallen 34% and Celsius has put a hold on withdrawals. Some fear the turmoil is far from over

Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were unnerved by growing troubles in the industry and as the general pull-back from riskier assets continued. The digital currency sector has been pummeled this week after cryptocurrency…

Bitcoin is crashing, Celsius has frozen over, but this time it's not just billionaires losing their bucks. The dirty laundry of the crypto world is front page news and regulators are finally taking notice.

The worldwide cryptocurrency market capitalization is at $892 billion, down from $893.3 billion on Friday morning. The Hong-Kong based cryptocurrency lender Babel Finance joined Celsius in the suspension of withdrawals, according to the company’s website.

The financial fate of many Australians will be decided over the next few days, as the price of many cryptocurrencies plunges and one major crypto-lender locks customers out of their own accounts.