Crypto Lender Celsius Freezes

"The dive of Celsius' token $CEL is by all accounts an acknowledgment of the infection hazard of UST/LUNA into comparative monetary devices," said Burak Tamac, senior examiner, administrative and on-chain at CryptoQuant.

[{"selector":"#anim-d8c55334-89a2-4d2a-9273-6565a13b13ac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-79d162d4-8f00-41db-9f58-03af3b05a891","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-031ea0d7-2eb9-4154-af2a-2eea0a7f1130","keyframes":{"transform":["translate3d(0px, 225.21369%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Loaning and acquiring conventions failed to meet expectations, with their market covers down 10% contrasted and 6.4% fall in more extensive crypto universe,

[{"selector":"#anim-9593a1d1-7cb9-4a1f-b355-46043fe87922 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-40303dc6-8a4e-4cb8-a225-9cf7c8c11430","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cdfd859a-cd60-4765-a3ae-5b526d53b64b","keyframes":{"transform":["translate3d(0px, 225.21369%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Loaning and acquiring conventions failed to meet expectations, with their market covers down 10% contrasted and 6.4% fall in more extensive crypto universe,

[{"selector":"#anim-e1f9fcfd-ffb9-4062-983a-6c800552ab94 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ced8ef0a-a808-481c-b850-90e7f81b8c69","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b502c5c-620a-4c2e-a609-258225f07bf9","keyframes":{"transform":["translate3d(0px, 308.80755%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] We are making this move today to set Celsius in a superior situation to respect, over the long run, its withdrawal commitments,"

[{"selector":"#anim-e06cf2e5-2df6-4e84-9b57-bda4c36e03e5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e830c832-2092-4349-8c06-789b772522f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b811a692-7c02-461a-a522-214c4d03a8cf","keyframes":{"transform":["translate3d(0px, 308.80755%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] We are making this move today to set Celsius in a superior situation to respect, over the long run, its withdrawal commitments,"

[{"selector":"#anim-5c53eda0-2064-41b3-8793-a134211b82be [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-dbb16f46-ab27-4c15-81c2-0c5c11cfb563","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ebd0772-6693-49b9-8f0a-90e5d4e32a0b","keyframes":{"transform":["translate3d(0px, 396.98668%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Celsius' moves come as cryptographic forms of money are battling all the more extensively

[{"selector":"#anim-c227657f-2f97-4878-b409-9e8789dc7421 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, -1.8707489355730023e-7%) scale(1.326797385620915)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7ea2caf1-ee62-42d4-bd10-9eab7c86f150","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac49e330-d0eb-4487-8712-ad235cbb9e3d","keyframes":{"transform":["translate3d(0px, 285.63685%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bitcoin fell as much as 8.9% Monday, while Ether dropped as much as 12%. Both are declining for a seventh consecutive meeting.