Bitcoin, Ethereum, Dogecoin Subdued Ahead Of Fresh Week: Analyst Sees No Sustained Rally Until Fed Delivers More Rate Hikes

Benzinga2022-07-18

ZINGER KEY POINTSBitcoin, Ethereum, Dogecoin fall after exhibiting strength over the weekendBattered risk assets could be ready for a bounce, says Edward Moya of OANDAETH saw strong upwards momentum ...

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Comments

  • Johnsnny
    2022-07-18
    Johnsnny
    Ok 
  • FGP
    2022-07-18
    FGP
    Pls crypto
  • EY12
    2022-07-18
    EY12
    Like
  • Mushroom88
    2022-07-18
    Mushroom88
    K
  • 小虎一飞冲天
    2022-07-18
    小虎一飞冲天
    Like pls
  • robot1234
    2022-07-18
    robot1234
    From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it. Celsius is down to $167 million “in cash on hand,” which they say will provide “ample liquidity” to support operations during the restructuring process.Celsius owes its users around $4.7 billion, according to its bankruptcy filing — and there’s an approximate $1.2 billion hole in its balance sheet.The fall of Celsius marks the third major bankruptcy in the crypto ecosystem in two weeks, and it is being billed as crypto’s Lehman Brothers moment — comparing the contagion effect of a failed crypto lender to the fall of a major Wall Street bank that ultimately foretold the 2008 mortgage debt and financial crisis.Regardless of whether the Celsius implosion portends a larger collapse of
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