celsius
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🔥Feb 26-Mar 4 | CRYPTO WEEKLY RECAP | TOP STORIES
Celsius Opens Withdrawal, Firms Ditch Silvergate etc...
Check it out 👉 https://www.binance.com/en/feed/post/274179
#Binance #celsius #BUSD #CZBinance #crypto2023
Celsius Opens Withdrawal, Firms Ditch Silvergate etc...
Check it out 👉 https://www.binance.com/en/feed/post/274179
#Binance #celsius #BUSD #CZBinance #crypto2023
As per reports, crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto firms with funds reportedly tied up with the now-shuttered Signature Bank.
#coingabbar #coinbase #celsius #paxos #signaturebank
#coingabbar #coinbase #celsius #paxos #signaturebank
Is Celsius a Hidden Gem or Just Another Pump-and-Dump Scheme
On June 04th, Celsius reached a high of $8.00. Following this peak, the price declined by 98%, hitting a low of $0.0857 on June 10, 2023.
After reaching the new low, CEL traded in a consolidation zone below $0.4500 for nearly nine months.On May 5th, the consolidation phase ended, and the #Celsius price surged by 155% within seven days.Subsequently, the price dipped by 54%, finding support around $0.50.Yesterday, a long bullish candle formed, with the price increasing by 170%, reaching levels not seen since September 2022.CEL is currently forming a Tweezer top candle on the daily chart.As per Coin Gabbar analysis, If $CEL breaches yesterday's high and the psychological level of $1.50, the price can test $2.00.If the bulls fail to breach the upper level, a pump-and-dump scenario might occur, potentially driving the price below $1.00.
KEY LEVELS :
RESISTANCE LEVEL : $1.5000-$2.0000
SUPPORT LEVEL : $0.8500-$0.5000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#altcoins #BinanceLaunchpool #buythedip #CelestiaAdventure #celsius
After reaching the new low, CEL traded in a consolidation zone below $0.4500 for nearly nine months.On May 5th, the consolidation phase ended, and the #Celsius price surged by 155% within seven days.Subsequently, the price dipped by 54%, finding support around $0.50.Yesterday, a long bullish candle formed, with the price increasing by 170%, reaching levels not seen since September 2022.CEL is currently forming a Tweezer top candle on the daily chart.As per Coin Gabbar analysis, If $CEL breaches yesterday's high and the psychological level of $1.50, the price can test $2.00.If the bulls fail to breach the upper level, a pump-and-dump scenario might occur, potentially driving the price below $1.00.
KEY LEVELS :
RESISTANCE LEVEL : $1.5000-$2.0000
SUPPORT LEVEL : $0.8500-$0.5000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#altcoins #BinanceLaunchpool #buythedip #CelestiaAdventure #celsius
#SATS remain bullish for the moment, it's following the initial setup📈
TP3 has been touched✔️
We moved your stop loss at entry price for safety!
Secure your gains, respect the trading rules!
I was very busy today, but managed to take a lot of profits on the on $1000SATS and #CELL 😁💰
I will check your request and post more analyses tonight around 21h00 UTC +2 [PM] 💥
#Crypto_Jobs🎯 #TradingShot #celsius
TP3 has been touched✔️
We moved your stop loss at entry price for safety!
Secure your gains, respect the trading rules!
I was very busy today, but managed to take a lot of profits on the on $1000SATS and #CELL 😁💰
I will check your request and post more analyses tonight around 21h00 UTC +2 [PM] 💥
#Crypto_Jobs🎯 #TradingShot #celsius
⚖️ Celsius Sues Tether - The $3,500,000,000 Bitcoin Battle Begins!
Celsius, the now-defunct crypto exchange, is taking Tether to court, seeking around $3.5 billion in Bitcoin, damages, and legal fees. This lawsuit stems from what Celsius claims was a misappropriation of assets during its bankruptcy proceedings.
The Allegations 🔍
Celsius alleges that during its bankruptcy, it provided Tether with 39,542.42 BTC as collateral for a loan in Tether’s stablecoin, USDT. As Bitcoin's price plummeted, Celsius was supposed to post more collateral to avoid liquidation. However, according to the lawsuit, Tether sold off the Bitcoin collateral at a price point that covered Celsius’ debt almost exactly, without giving Celsius a chance to provide the additional collateral.
Tether's Defense
Tether is not backing down, calling the lawsuit a baseless "shake down." The company asserts that the liquidation was carried out at Celsius' request, not in violation of their agreement. Tether claims Celsius chose not to post more collateral and instead directed Tether to liquidate the BTC to close out an $815 million USDT position.
What's at Stake?
The amount Celsius is seeking includes 57,428.64 BTC, which, as of Aug. 10, is worth about $3.48 billion, plus at least $100 million in damages. This lawsuit is one of the largest of its kind, with Tether stating that even in the remote scenario where Celsius wins, USDT holders will not be affected due to Tether’s $12 billion in consolidated equity.
The Bigger Picture
This legal battle highlights the intense scrutiny and high stakes involved in crypto transactions, especially when companies face financial distress. The outcome of this case could set a significant precedent for how collateralized loans and liquidations are handled in the crypto space.
Stay tuned as this high-stakes legal drama unfolds & follow @Professor Mende - Bonuz Ecosystem Founder !
#tether #celsius #legal #bitcoin #marketnews
$BTC
Celsius, the now-defunct crypto exchange, is taking Tether to court, seeking around $3.5 billion in Bitcoin, damages, and legal fees. This lawsuit stems from what Celsius claims was a misappropriation of assets during its bankruptcy proceedings.
The Allegations 🔍
Celsius alleges that during its bankruptcy, it provided Tether with 39,542.42 BTC as collateral for a loan in Tether’s stablecoin, USDT. As Bitcoin's price plummeted, Celsius was supposed to post more collateral to avoid liquidation. However, according to the lawsuit, Tether sold off the Bitcoin collateral at a price point that covered Celsius’ debt almost exactly, without giving Celsius a chance to provide the additional collateral.
Tether's Defense
Tether is not backing down, calling the lawsuit a baseless "shake down." The company asserts that the liquidation was carried out at Celsius' request, not in violation of their agreement. Tether claims Celsius chose not to post more collateral and instead directed Tether to liquidate the BTC to close out an $815 million USDT position.
What's at Stake?
The amount Celsius is seeking includes 57,428.64 BTC, which, as of Aug. 10, is worth about $3.48 billion, plus at least $100 million in damages. This lawsuit is one of the largest of its kind, with Tether stating that even in the remote scenario where Celsius wins, USDT holders will not be affected due to Tether’s $12 billion in consolidated equity.
The Bigger Picture
This legal battle highlights the intense scrutiny and high stakes involved in crypto transactions, especially when companies face financial distress. The outcome of this case could set a significant precedent for how collateralized loans and liquidations are handled in the crypto space.
Stay tuned as this high-stakes legal drama unfolds & follow @Professor Mende - Bonuz Ecosystem Founder !
#tether #celsius #legal #bitcoin #marketnews
$BTC
