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The Latest Breaking News from Celsius

Celsius Faces Liquidity Crisis, But How Are Other Crypto Firms Faring?

Global markets took a catastrophic hit yesterday, as the Nasdaq was down 4.60% and the S&P 500 was down 3.88%. Crypto suffered the most, as Bitcoin dropped over 20% to reach a low of $20,800. Ever since the crypto rally in November, in response to Bitcoin ETF Futures product being…

Benzinga

A Ponzi scheme is a Ponzi scheme, crypto or otherwise

A facet of the crashing crypto game has reminded me of a journalistic failure 25 years ago, a story that got away and cost mugs millions of dollars.

The New Daily

Mistaken Identity? Drink Maker Celsius Falls 10% On Monday

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” A beverage company might be wishing it didn’t share a name with a cryptocurrency platform after being mistakenly linked.

Benzinga

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Celsius Posts 7000+ Bitcoin As Collateral: Here's The Updated Price Of A Complete Liquidation

Over the past 3 days, Celsius (CRYPTO: CEL) has added over 7000 Wrapped Bitcoin (CRYPTO: WBTC) to avoid the risk of mass liquidation.

Benzinga

Crypto exchanges Coinbase and BlockFi lay off hundreds of staff

Employees hit by cryptocurrency crash as bitcoin price has plummeted in recent weeks

The Guardian - UK

Cathie Wood's Ark Notes Ethereum Arbitrage Opportunity Amid Celsius-Induced Crypto Bloodbath

Cryptocurrency lending platform Celsius' (CEL) move to halt withdrawals has rocked the already bearish cryptocurrency markets, but Cathie Wood's Ark Investment Management sees a silver lining in this cloud for patient investors.

Benzinga

Bitcoin, Ethereum, Dogecoin Crash: Liquidity Crisis, Celsius Fallout Weigh On Crypto Market

Bitcoin, Ethereum and other major coins nosedived on Monday evening as the global cryptocurrency market cap fell below the psychologically important $1 trillion mark to $944.9 billion — a decline of nearly 12.5% intraday.

Benzinga

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The crypto landslide is finally here

If you “bought the dip” in March, your $1,000 Ethereum investment would now be worth less than $500.

Input

Coinbase Stock Nosedives Alongside Cryptocurrencies, Celsius Chaos: What The Charts Say

Whether you are investing in stocks, bonds, commodities or cryptocurrencies, it can be very stressful. Not being able to withdraw or transfer your funds if so desired on your chosen platform can even be more stressful.

Benzinga

EXCLUSIVE: Voyager Digital CEO Says 'Customer Assets Are Safe' Amid Crypto Collapse

Cryptocurrency lending platform Celsius announced Monday that it was pausing withdrawals, which sent the crypto market spiraling lower.

Benzinga

Why Is Celsius Token Crashing? Ethereum's DeFi vs. CeFi Lending, Explained

Celsius Token (CRYPTO: CEL) has plunged over 60%, as Celsius Network pauses withdrawals, given turbulent market conditions.

Benzinga

As Ethereum Continues To Plunge, Here's Why The Bulls Must Hold This Key Level

Ethereum (CRYPTO: ETH) plunged more than 15% on Monday, which Benzinga pointed out was likely to happen on Saturday if the crypto lost the $1,500 level as support.

Benzinga

Bitcoin Plunges as Major Crypto Lender Halts Operations

Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major crypto lender halted all withdrawals citing "extreme market conditions." It is the second collapse of a part of the cryptocurrency world in the last two months. The stablecoin Terra imploded in early May, erasing tens of billions of…

Asharq Al-Awsat

Is This A Crypto Winter? Why Bitcoin Must Hold $22,600

Bitcoin (CRYPTO: BTC) was plunging more than 14% on Monday with strong momentum after a bearish weekend, which saw the apex crypto lose 8.62% over the 24-hour trading periods on Saturday and Sunday.

Benzinga

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The Independent UK

Bitcoin plunges as major crypto lender halts operations

Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."

Input

Major crypto platforms are holding coins hostage as markets collapse

Most major coins are down at least half their all-time highs, and DeFi giant Celsius has frozen users' assets.

Benzinga

Nexo Offers To Buy Celsius Assets Amid Withdrawal Halt

Crypto lending platform Nexo (CRYPTO:NEXOY) has offered to buy the assets of its rival Celsius (CRYPTO:CEL) after the latter announced a pause on all withdrawals, swaps, and transfers between accounts due to “extreme market conditions.” The offer to buy Celsius's assets ends on June 20

The Guardian - UK

Bitcoin withdrawals temporarily suspended in volatile day for crypto market

Value of assets dips below $1tn after Celsius Network halts withdrawals over ‘extreme’ conditions

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The Guardian - UK

Tether pays out $10bn in withdrawals since start of crypto crash

Pace of withdrawals in May means ‘stablecoin’ company effectively dealing with slow-motion bank run

Benzinga

EXCLUSIVE: These Characteristics Make Tesla, Alphabet And Celsius Good Bets Amid Current Market Conditions

The Federal Reserve is in the midst of what is expected to be its most aggressive tightening cycle in more than 40 years as the central bank attempts to tame runaway inflation.

Benzinga

Indoor Cycling Franchise CycleBar Picks Celsius As Beverage Partner

Celsius Holdings Inc (NASDAQ:CELH) has been made the official energy drink partner of CycleBar, an indoor cycling franchise. The financial terms of the arrangement were not disclosed. Celsius drinks will be available across CycleBar studios nationwide. Also Read: Celsius Holdings Stock Soars As Q1 Results Beat Estimates "Riding at CycleBar is a high-energy…

Benzinga

Celsius Trails Only Monster Beverage On Amazon: Here's Why The Energy Drink Stock Is Surging Today

Celsius Holdings Inc (NASDAQ: CELH) shares are trading higher Wednesday after the company reported better-than-expected financial results.

Benzinga

Celsius Appoints Jarrod Langhans As Finance Chief

Celsius Holdings Inc (NASDAQ:CELH) has appointed Jarrod Langhans as Chief Financial Officer (CFO), effective April 18, 2022. Jarrod has served as the CFO of the European and Israel operating segments of Primo Water Corp (NYSE:PRMW). Langhans has financial and leadership background across areas such as financial reporting, including SEC, GAAP, and IFRS, financial planning and…

Benzinga

Ethereum Whales Are Trading This Coin The Most Today

Celsius (CRYPTO: CEL) has emerged as the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO: ETH) wallets in the past 24 hours, as at press time late Tuesday.

Benzinga

What's Going On With Celsius Holdings Stock Today?

Celsius Holdings Inc (NASDAQ: CELH) is trading lower Wednesday after the company reported its fourth-quarter financial results.

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