Crypto-lending company Celsius Network has filed for bankruptcy, catching up with Voyager Digital and hedge fund Three Arrows Capital.< /p>
According to Arab Net, Celsius had raised more than $20 billion in assets by offering depositors interest rates of up to 18%, before all withdrawals were halted in June, due to fears of further losses in the cryptocurrency market, which exceeded $2 trillion. Since last November.
Bitcoin is likely to drop to $10,000, almost half its current value, in expectations that cut any new rally to $30,000, some argue, according to 60% of 950 investors who responded to the latest MLIV survey. Pulse.
In contrast, 40% of them saw it going the other way, but Bitcoin fell 2.4% to $ 20,474 last Monday in New York.
The lopsided forecast underscores how bearish investors have become, as the cryptocurrency sector rocks troubled lenders, tumbles currencies, and puts an end to the pandemic-period easy money policies that fueled a frenzy of speculation in financial markets.
