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Celsius withdraws its $470 million bet on Ethereum: What does it mean for the market?
Cryptocurrency lending platform Celsius will withdraw its $470 million bet on Ethereum amid restructuring efforts. The news has raised concerns in the market, as some investors fear that the move could negatively impact the price of Ethereum. The move comes after Celsius paid $41.2 million to Maker Protocol, a decentralized finance platform ( DeFi), to pay off all your debts. Although the move can be seen as a positive sign that Celsius is taking steps to restructure, some investors are concerned about the impact that the withdrawal of the Ethereum bet could have on the market.Celsius has been one of the lending platforms of most popular cryptocurrencies on the market, and has attracted many investors due to its high interest rates. However, the platform has come under scrutiny in recent months due to concerns about its business model and its ability to maintain its high interest rates.#Celsius#Ethereum#Cryptocurrencies#Finance#Investment#Market#Technology#Blockchain#DeFi#Celsius #Ethereum #Criptomonedas #Finanzas #Inversión #Mercado #Tecnología #Blockchain #DeFi #Préstamos
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Last drop in BONK Coin! What to expect?
After falling below $0.0000292, BONK Coin continues its decline, leaving $0.0000258 behind. So what direction will BONK take in the coming days?
Technical analysis:
BONK, which falls below the middle parallel channel area on the chart, may fall to the bottom of $0.0000215 in the next few days or hours.
Below this level, there is support at $0.0000135.
If BONK can break the parallel channel ceiling again, it may have a chance to rise to the top of $0.0000415.
Comment:
We are in a risk zone for BONK in the short term. A loss of the $0.0000215 support could lead to steeper declines.
However, BONK remains the most popular dog-themed cryptocurrency on the Solana blockchain. Therefore, it can remain a center of attraction for long-term investors.
Remember: This is not investment advice. Don't invest without doing your own research.
Tags:#BONK #Solana #Criptomoneda #Inversión #Análisis
You can get a 5% commission discount on your trades by clicking on the charts below! Do not lose this chance
After falling below $0.0000292, BONK Coin continues its decline, leaving $0.0000258 behind. So what direction will BONK take in the coming days?
Technical analysis:
BONK, which falls below the middle parallel channel area on the chart, may fall to the bottom of $0.0000215 in the next few days or hours.
Below this level, there is support at $0.0000135.
If BONK can break the parallel channel ceiling again, it may have a chance to rise to the top of $0.0000415.
Comment:
We are in a risk zone for BONK in the short term. A loss of the $0.0000215 support could lead to steeper declines.
However, BONK remains the most popular dog-themed cryptocurrency on the Solana blockchain. Therefore, it can remain a center of attraction for long-term investors.
Remember: This is not investment advice. Don't invest without doing your own research.
Tags:#BONK #Solana #Criptomoneda #Inversión #Análisis
You can get a 5% commission discount on your trades by clicking on the charts below! Do not lose this chance