Top 3 Bitcoin, Ethereum and Ripple Price Predictions: Celsius Network Chapter 11 One Drop Too Much
Bitcoin, Ethereum and other cryptocurrencies defy their existence and ignite from left to right. Overnight, Celsius Network, one of the largest crypto lenders, filed for bankruptcy with $1 billion to $10 billion in assets and liabilities, and 100,000 lenders lined up to pluck the chicken. Random measures such as preventing customer withdrawals, fundraising at shark rates, and reducing the workforce were too small for a big bleeding wound. This raises the question of whether investors should turn their backs for a few more months so that the crypto winter can clear the playing field and eradicate the weak and the weak, leaving only services and cryptocurrencies to rely on.
I understand! Polygon MATIC Price Up 30% Since Our Last Call, Here’s What Could Happen Next
MATIC price continues to outperform other cryptocurrencies in the space. In a bullish thesis last week, it was mentioned that a 90% rally targeting $1.00 could happen based on subtle bullish methods. On July 14, traders were already close to 30% of the trajectory after breaking through the previous triangular top. Traders participating in a bullish trading setup are already four times as risky. Thus, the consolidation of profit taking will not come as a surprise.
Is Ethereum a security? Vitalik Buterin criticized critics on Twitter
Bitcoiners consider Ethereum a security after Ethereum holders changed the properties of the altcoin during a vote. Ethereum’s transition from Proof-of-Work to Proof-of-Stake is seen as proof that ETH is a security.