Celsius, a cryptocurrency lending platform, has suspended all withdrawals and transfers due to “extreme market conditions.” Celsius is one of the biggest players in the fledgling cryptocurrency lending space. As of May, the company has lent customers more than $8 billion and manages nearly $12 billion worth of crypto assets. This exchange also has a […]
The cryptocurrency market has recovered, after failing to rally with tech stocks last week. On May 30, the US market closed for Memorial Day, Bitcoin increased by nearly 7%, breaking through the price mark of $ 31,000 with the driving force of the upswing of Asian and European stock markets. This is also the largest […]
Faster, cheaper tokens are on the rise, threatening Ethereum’s No. 2 position in the cryptocurrency market. After increasing prices by nearly 12,000% in the past year, Solana and Polygon – 2 tokens dubbed the “Ethereum killers” – have received great attention from the crypto community. “Ethereum needs to do something fast as other competitors with […]
Not Bitcoin, Ethereum is the digital currency that has attracted the biggest attention from the tech community. While Bitcoin failed to break its peak, Ethereum price has been steadily rising since the beginning of April. Ethereum has just established the highest price in the history of this digital currency. Accordingly, Ethereum’s highest recorded price for […]
Ethereum has consistently peaked over the past few days while Bitcoin is still far from the $ 64,000 peak that many people cannot help wondering. When Bitcoin bottomed out at $ 48,000 on April 23, virtual currency investors panicked that there would be a sell-off session that caused the market to crash. However, the worst […]
The company behind popular photo-editing app Meitu just bought tens of millions of dollars in Bitcoin and Ether. Meitu said it bought $ 22.1 million of Ether and $ 17.9 million in Bitcoin on March 5. As such, Meitu followed Tesla and Square to buy virtual currency. However, it appears to be the first major […]