Sign up now for free hereExtreme market conditions 📉The bitcoin price has crashed, dragging down ethereum and other major cryptocurrencies. ADVERTISEMENTThe bitcoin price has crashed to under $24,000 per bitcoin, its lowest since late 2020, and looks set to fall further. Celsius overheats 🥵Representatives of the Celsius crypto network were at Paris Blockchain Week in April this year. Meanwhile... Rival crypto lending platform Nexo NEXO has offered to buy some of Celsius' assets "after what appears to be the insolvency of [Celsius]," Nexo wrote in a Twitter post. Speaking last month, Gensler warned of more pain to come for the crypto market and said he feared "there’s going to be a lot of people hurt."

Source: Forbes June 14, 2022 08:57 UTC