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Bitcoin steady as US court makes tough ruling for Celsius users; DCG concerns intensify

From stockhead.com.au

Bitcoin and other crypto majors are holding pretty steady as we head towards the end of the first week in 2023 for crypto. Meanwhile Celsius users have received a shock and crypto-contagion fallout fears continue to surround Digital Currency Group (DCG). Let’s talk about Celsius first. Judge decrees US$4b of assets will stay with Celsius: Users of the once-very-popular-now-bankrupt crypto-lending platform Celsius have been given some unwelcome news from a serious-looking bloke in a wig in the US. Per a report from The Defiant, Chief US Bankruptcy Judge Martin Glenn has decreed that more than US$4 billion in crypto ... (full story)

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  • Category: Fundamental Analysis