Celsius

L'aventure de la Caisse de dépôt et placement du Québec (CDPQ) dans les cryptomonnaies tourne au cauchemar après seulement huit mois.

- En mai, l’actif de Celsius était estimé à 11,8 milliards, selon son site web. Ça envoie un très mauvais signal au marché. Les investisseurs vont attendre que Celsius leur permette de retirer leurs cryptoactifs et lorsque ça va se produire, tout le monde va retirer son argent et ça pourrait faire planter Celsius. » Gestionnaire de portefeuille chez Rivemont, Martin Lalonde juge prometteur le secteur des cryptomonnaies. Les cryptobanques comme Celsius s’inspirent du modèle des banques traditionnelles. L’aventure de la Caisse de dépôt et placement du Québec (CDPQ) dans les cryptomonnaies tourne au cauchemar après seulement huit mois. Pendant que les principaux indices dégringolaient, lundi, le marché des cryptomonnaies suivait la même tendance.

Celsius Network, une plateforme d'intérêts et de prêts sur cryptomonnaies dans laquelle la Caisse de dépôt a un important investissement, a annoncé qu'elle ...

Le rendement des emprunts d’État américains à 10 ans, qui évolue en sens opposé de leur prix, s’est envolé jusqu’à 3,38 %, une première depuis plus de 11 ans. Le S&P 500, considéré comme l’indice le plus représentatif de Wall Street, est entré en bear market, ce qui signifie qu’il a perdu plus de 20 % depuis son pic historique de début janvier (-22 % en clôture lundi). « Je pense que c’est là pour longtemps », estime le président de Catallaxy, la filiale de Raymond Chabot Grant Thornton spécialisée dans la chaîne de blocs. Le gel de Celsius Network contraste avec la confiance affichée par son équipe de direction peu de temps avant l’annonce de dimanche. La décision évoque « l’équivalent moderne » d’une panique bancaire quand des institutions financières devaient fermer leurs portes en raison d’informations ou de rumeurs selon lesquelles elles n’avaient pas suffisamment de liquidités, croit le professeur en finance de l’ESG-UQAM Alexandre F. Roch. « Ça envoie un mauvais message aux investisseurs, et même aux clients. « Nous prenons cette décision afin de mettre Celsius dans une meilleure posture afin d’honorer, à long terme, ses obligations.

Crypto Lender Celsius Freezes Withdrawals, Fuels Market Rout · The announcement adds to contagion in a fragile market · Other similar protocols see bigger sell- ...

Celsius’s CEL token was down 31% to 24.2 cents as of 12:42 p.m. in Hong Kong, according to pricing data site CoinGecko, underperforming amid a slump in crypto assets that sent Bitcoin to its lowest level since December 2020.

Celsius CEO Alex Mashinsky. Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images. Celsius, a controversial cryptocurrency lending platform, said Monday ...

"We've been doing this for five years now, longer than anybody else," he said at the time. Just last week, the company said it had not had any issues meeting withdrawal requests. Celsius has valuable assets and we are working diligently to meet our obligations." The firm has seen the value of its assets more than halve since October, when it handled $26 billion in client funds. Ether dropped 8% to $1,329, while Celsius' cel token plunged more than 50%. Celsius' cel token has also erased 97% of its value in the same timeframe.

Bitcoin tumbled on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, ...

So far, Celsius has chosen not to engage," said Nexo co-founder Antoni Trenchev. Celsius and crypto firms that offer services similar to banks are in a "grey area" of regulations, said Matthew Nyman at CMS law firm. Register now for FREE unlimited access to Reuters.com The collapse in May of the terraUSD and luna tokens also shook the industry. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Bitcoin and other cryptocurrencies plunged through the weekend and into Monday as high inflation sent investors running for the exits and caused major ...

The value of crypto assets peaked at about $2.9 trillion in November 2021 before countries around the world started seeing inflation rise to its highest point in decades. Investors and market watchers had hoped the figure would ease from the 8.3 per cent level it hit the previous month, but instead it went even higher, a troubling sign that central bank efforts, such as rate hikes to rein in inflation, aren't working. "As digital assets grow in adoption, we intend to capture the right opportunities, while working with our partners toward a regulated industry." The sell-off prompted a major crypto exchange, called Celsius, to halt withdrawals on Sunday evening, meaning investors can't take what's left of their money out. "As inflation proves to be an even trickier opponent to beat than expected, Bitcoin and ethereum are continuing to get a severe bruising in the ring," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. "Blockchain technology has the potential to disrupt several sectors of the traditional economy," the Caisse said at the time.

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Group's own coin sheds half its value in 24 hours as funds freeze deals heavy blow to cryptocurrency market.

Celsius halted withdrawals from its platform. When and if the ban is lifted, rapid withdrawals could cause Celsius to liquidate assets, pressuring whatever ...

Investors fear that a major crypto yield company might be nearing collapse. - Print Article - Order Reprints

The crypto-lending firm Celsius Network halted withdrawals and transfers, amid an apparent liquidity crisis, as the price of Bitcoin plunged to pre-pandemic ...

On June 13, the crypto exchange Binance halted bitcoin withdrawals on the heels of the Celsius news, and the prices of Bitcoin and Ether fell 11% and 13% respectively in the past day amid an industry-wide sell-off. “Celsius is about to be inundated with subpoenas and enforcement actions,” he added. “It’s sad because if we just paid attention to the past, a lot of the harms here and losses could have been prevented.” In 2020, the crypto lender Cred went bankrupt after reportedly taking out bad loans. Celsius operates like an unregulated bank, enticing customers with staggeringly rates for deposits of cryptocurrencies, and then loaning out those deposits to other customers. Celsius, which promises high-yield returns on customer deposits, appears to be the latest crypto company to buckle under tightening financial conditions.

LONDON — Bitcoin tumbled on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” ...

So far, Celsius has chosen not to engage,” said Nexo co-founder Antoni Trenchev. Article content Article content Article content Article content Article content

And this time there's a cautionary tale where even sophisticated bankers and pension funds were vulnerable to crypto's Fear Of Missing Out (FOMO) chasing ...

The staff flows from banks to fintech firms between 2020 and 2022 are revealing, such as the 37 Goldman Sachs Group Inc. employees who moved to Coinbase Global Inc. ING Groep NV economist Teunis Brosens says of Celsius: “If this does not illustrate why crypto regulation is welcome, I don’t know what does.” But even then, only after gulping a fair amount of blockchain Kool-Aid and ignoring the rumblings of concern from watchdogs. Those rewards seem to have drowned out the risks of DeFi’s bank-like products that lack bank-like oversight. None of that is on display today. Even before selling pressure began to batter DeFi platforms, regulators had been ringing alarm bells on Celsius for some time.

WASHINGTON — Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing…

So far, Celsius has chosen not to engage,” said Nexo co-founder Antoni Trenchev. Article content Article content Article content The token was last trading flat at $1. Article content Article content After Celsius’s announcement, bitcoin touched an 18-month low of $22,725, before rebounding slightly to around $23,265. Article content Article content