Cryptocurrency markets are witnessing a recovery. The global cryptocurrency markets have reclaimed the $1 trillion market capitalisation. Ethereum has reclaimed a $150 billion market cap.
The crash in the markets was caused by the upheaval of crypto companies like Terraform Labs and Celsius Network.
Celsius Network according to latest reports, has completely paid off its Bitcoin loan. Their liquidation price has now dropped to $0.00. Also, Celsius Network has transferred 24,462 $WBTC ($510,853,000) to an FTX wallet. Furthermore, KeyFi has sued Celsius for allegedly defrauding the company.
Seeing how majority crypto companies are facing financial troubles, Binance CEO Changpeng Zhao has come on record to clarify to its stakeholders that the company's financials are sound.
Zhao says the company does not have loans from others and is self-sufficient. He also stressed that the company has "the largest reserve in the industry" that he knows of and the stakeholders need not worry about...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...