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crypto lending platform Celsius has received multiple offers of fresh cash to help fund its restructuring process, repor...
17/08/2022

crypto lending platform Celsius has received multiple offers of fresh cash to help fund its restructuring process, reported Bloomberg, citing the lawyer for the bankrupt crypto lender said Tuesday.

What Happened: According to the company's latest Chapter 11 documents, negative liquidity is anticipated to exceed $34 million by October of the year. The firm anticipates generating a negative net cash flow of $137.2 million over the next three months. According to documents, Celsius has 80,850 mining rigs, of which 43,632 were in use, and mines about 14.2 BTC daily.

Related: Celsius Expected To Reach Negative Liquidity By October







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Ethereum started a downside correction from the $2,000 resistance against the US Dollar. ETH is consolidating and might ...
16/08/2022

Ethereum started a downside correction from the $2,000 resistance against the US Dollar. ETH is consolidating and might decline further towards $1,810. Ethereum started a downside correction below the $1,950 level. The price is now trading below $1,950 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support near $1,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if it stays below the $1,950 pivot level.







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After yesterdays retest at the 25k price level, Bitcoin and the crypto market ran i to a correction. Meanwhile Doge and ...
15/08/2022

After yesterdays retest at the 25k price level, Bitcoin and the crypto market ran i to a correction. Meanwhile Doge and Shiba Inu rallied more than 30% due to an unexpected high accumulation of the two meme coins.

Nevertheless Bitcoin still remains in an uptrend.







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The whole crypto space keeps growing! Many projects are making double digit % and people start posting their profits aga...
14/08/2022

The whole crypto space keeps growing! Many projects are making double digit % and people start posting their profits again. The Fear and Greed index relaxes and shifts more and more to the greed side.

As the crypto keeps soaring, many banks and hedgefoands are accumulating crypto in a very aggressive pattern.







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Ethereum just broke the 2000$ price level! The rest of the crypto market looks green again after weeks of bearish patter...
13/08/2022

Ethereum just broke the 2000$ price level! The rest of the crypto market looks green again after weeks of bearish patterns. This bullish trend might ne caused due to the latest news regarding inflation and the so called ‘merge’ of .

Relating to a survey on CoinMarketCap, people see Ethereum going beyond 3000$ during the next 4 weeks.

Let us know your opinion on that!







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BlackRock made a deal with the institutional crypto broker Aladin. This could bring a lot of movement and volatility as ...
12/08/2022

BlackRock made a deal with the institutional crypto broker Aladin. This could bring a lot of movement and volatility as they control over 3 trillion$ worth of assets.






After a long time of waiting the merge is finally happening. The deadline for the merge is set to be the 15th of Septemb...
12/08/2022

After a long time of waiting the merge is finally happening. The deadline for the merge is set to be the 15th of September after a lot of delays and internal problems.

The merge is setting a new way of how new Ethereum is being created. The so called traditional way Proof-of-Stake requires a set of miners and computing power which is handling the blockchains transactions. For providing computing power to the blockchain, miners are getting rewarded with Ethereum. Now with after the merge and with the Proof-of-Stake system, new Ethereum is generated if people are staking the Ethereum which they bought. So you get rewarded just for holding Eth.

The Proof-of-Stake system requires way less energy than the Proof-of-Work method as it doesn’t require extra computing power.







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