Bitcoin Bounces After Rout But Vibe Is Still ‘Strongly Negative’

Bitcoin Bounces After Rout But Vibe Is Still ‘Strongly Negative’

Bitcoin snapped a 12-day slide, bouncing along with the rest of the cryptocurrency market after a record-breaking string of declines. Analysts cautioned the respite may be brief. The world’s largest cryptocurrency climbed as much as 12% early Sunday, recouping much of its losses from a steep drop Saturday that sent the token to as low … Read more

Crypto Lender Celsius’s Coin (CEL) Falls 53% as the Company Freezes Withdrawal

Crypto Lender Celsius's Coin (CEL) Falls 53% as the Company Freezes Withdrawal

A month after the implosion of the Terra stablecoin sent the crypto market reeling, another crisis is causing fresh angst across the entire digital-asset universe. Celsius Network Ltd., one of the biggest lenders in crypto and a key player in the world of decentralized finance, said late Sunday that it was pausing withdrawals, swaps and … Read more