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Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside? Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.…
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Central African Republic President Says Successful Launch of Sango Coin a Key Milestone

According to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” currency, as well as the call for the creation of a common digital currency by the regional central bank, represent two key achievements for his country and all of Africa. President Touadéra also said “Sango is the future of our…
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Netskope Discovers Hackers Are Using Google Sites and Microsoft Azure to Steal Crypto

Attackers are taking advantage of certain SEO techniques to direct users to phishing sites for wallet apps like Metamask and exchanges such as Coinbase and Kraken. These sites, created in Google Sites and Microsoft Azure, fool users into introducing their personal information, allowing malevolent entities to siphon their funds from these services, according to Netskope.…
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Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday

Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly 3% higher.…
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Bitcoin, Ethereum Technical Analysis: ETH Hits $2,000 for First Time Since May

Ethereum was trading above $2,000 to start the weekend, as the token hit its highest point since May. Crypto markets were back in the green, after marginally consolidating in Friday’s session. Bitcoin moved closer to $25,000 on Saturday, however has still yet to breach this ceiling. Bitcoin Bitcoin (BTC) was marginally higher on Saturday, as…
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What is a Bear Trap & How Do You Trade It?

Trading terminology can be confusing for first-time traders and investors, especially in the crypto markets where new terms (often based on memes) pop up on a regular basis. In this guide, you will learn what a bear trap is and what you need to look out for when you spot one…. Read More: What is…
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Ethereum PoSing, Bitcoin Jumping, Exchanges Quarreling, Cash Tornadoing and 20 Crypto Jokes

… Read More: Ethereum PoSing, Bitcoin Jumping, Exchanges Quarreling, Cash Tornadoing and 20 Crypto Jokes  Read more »Pay, Trade, Buy Bitcoin with Credit Card

FTX partners with Paradigm for ‘one-click’ futures spread trading

The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies. Paradigm has announced the launch of spreads trading in partnership with crypto exchange FTX. In a Friday blog post, Paradigm said under the FTX partnership users would be able to utilize “one-click” trading with “no…
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Dutch authorities arrest suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service didn’t rule out multiple arrests in its ongoing criminal investigation against the Tornado Cash crypto mixer. Authorities in the Netherlands have arrested a developer suspected to be involved in money laundering through the crypto mixing service Tornado Cash. The Fiscal Information and Investigation Service (FIOD), an agency in…
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Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024. The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official digital ruble rollout in a few years. According to the Bank…
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