Bitcoin24h $105,501.48+1.55%

Ethereum24h $2,499.39+0.89%

XRP24h $2.19+1.35%

BNB24h $649.71+0.22%

Solana24h $152.30+0.96%

Dogecoin24h $0.1868+5.06%

TRON24h $0.2794+0.25%

Cardano24h $0.6688+1.70%

Hyperliquid24h $34.29-0.82%

Sui24h $3.28+4.04%

Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets

The firm originally hired bankers at Citibank to help with its restructuring, despite its history of strident anti-bank marketing campaigns.

Celsius influencers push dubious ‘CEL short squeeze’ strategy

Celsius influencers are shilling the idea of a CEL short squeeze. Here’s why that’s highly improbable and, above all, damaging.

Hedge funds using automated “quantitative” strategies are outperforming, converting the crypto market crash into big profits.

Voyager Digital announced on Tuesday it had cut ties with likely insolvent Celsius “a while ago,” after customers voiced concerns.