The aftermath of the Celsius saga: a domino effect we didn’t see coming

2022-11-14 23:00

What began as an outcry against a well-known cryptocurrency exchange, Celcius, has led to a domino effect that has affected the entire crypto market. What happens to foreign creditors? Celsius, which filed for bankruptcy in July, has faced numerous legal…

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Источник: btcmanager.com

effect domino → Результатов: 45

First Mover Asia: Bitcoin Stays Calm at $16.5K

Jocelyn Yang writes about the domino effect caused by the the downfall of FTX.

2022-11-26 05:13	Markets
effect domino caused ftx downfall writes yang

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FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.

2022-11-12 21:00	Market Analysis
crypto likely according markets repercussions beyond mcglone

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Domino Effect On Stablecoins Leads To Reversal Of Growth Trend

The crypto bear market of 2022 has spared no digital asset in the space, and stablecoins have been no different. The assets which have always served as a safe haven for investors when it comes to the high volatility of the crypto market had seen a drawdown coming into the new year.

2022-7-21 02:00	ust
crypto market stablecoins investors when haven safe

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Magic Internet Money token depegs as Terra (LUNA) domino effect persists

Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli.

2022-6-19 08:35	volatility
terra result sudden direct million bad debt

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Did Celsius’ Withdrawal Trigger The Terra/ LUNA Collapse? Claim & Response

Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor.

2022-6-9 14:18
celsius did anchor ago collapse blockchain analytics

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Industry players respond to Vitalik Buterin's thoughts on cross-chain ecosystems

"Interdependence between chains could create a domino effect that impacts multiple ecosystems if a single chain were to be attacked, but that certainly isn't a reason to stop working on cross-chain innovations," Komodo's chief technology officer Kadan Stadelmann told Cointelegraph.

2022-1-14 23:45	ethereum
ecosystems cross-chain reason stop isn attacked certainly

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Polkadot, Bitcoin Cash, Avalanche Price Analysis: 19 November

As Bitcoin hit the $57,000-mark, it had a domino effect on the altcoins as most cryptos suppressed. Polkadot and Bitcoin Cash were no exceptions, as they saw their weekly lows on 18 November. Their neThe post Polkadot, Bitcoin Cash, Avalanche Price Analysis: 19 November appeared first on AMBCrypto.

2021-11-20 20:00	News
bitcoin polkadot november cash analysis avalanche price

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The 13th Anniversary Of Bitcoin’s White Paper – The Domino Effect Continues

On October 31st, 2008, Satoshi Nakamoto published the Bitcoin white paper, sparking a series of events that changed the world as we know it. The White Paper contained ingenious propositions and solutions that made it a pacesetter for its time.

2021-11-1 19:43	xbtusd
paper white bitcoin contained know ingenious solutions

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Bitcoin Cash, Cosmos, Aave Price Analysis: 21 October

While Bitcoin's price rallied and breached the $67,000-mark, altcoins' price action projected the resultant domino effect. Along with the likes of Bitcoin cash, Cosmos, and Aave, many altcoins saw The post Bitcoin Cash, Cosmos, Aave Price Analysis: 21 October appeared first on AMBCrypto.

2021-10-21 20:00	News
bitcoin price aave cash cosmos altcoins october

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Blockchain with no limits – how Kinglory Blockchain has an edge in resource exhaustion

Network resource exhaustion can grind the entire blockchain down to a halt. As more people begin to rely on and use blockchain technology in their everyday lives, a hiccup or a bottleneck in the system can cause a domino effect and ultimately shut the entire blockchain down.

2021-9-30 02:29	Press Release
blockchain down exhaustion entire resource everyday use

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Why Does Bitcoin Officially Becoming Legal Tender In El Salvador Matter?

Despite a small country living on a bitcoin standard, the first step is always the hardest, and a domino effect might bring bigger players to the game.

2021-8-18 21:32	el salvador
bitcoin hardest always step domino might game

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Striking a chord: DeFi’s domino effect on NFTs and Web 3.0 adoption

The increased demand for transparency and open-source solutions creates a domino effect that will result in total Web 3.0 adoption.

2021-7-6 19:07	NFT
web adoption effect domino open-source solutions creates

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Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […]

2021-6-14 20:23
crypto bitcoin acceptance week president central bukele

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Bitcoin Domino Effect: Arms Race For Nations To Adopt BTC Is On

In retrospect, it seemed inevitable that the poorest regions on earth would be amongst the first to embrace Bitcoin. After El Salvador announced its intention to give BTC legal tender status, many politicians from Latin America and other parts of the world have shown their support and intentions to implement pro-Bitcoin politics. Paraguay, Brasil, Mexico, […]

2021-6-10 22:57	btcusd
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Bitcoin, Solana, MATIC Price Analysis: 08 June

Bitcoin's retracement towards $32,000 had a domino effect on the global cryptocurrency market. Altcoins such as Solana and MATIC seemed to be in free-fall as focus shifted to various support lines on The post Bitcoin, Solana, MATIC Price Analysis: 08 June appeared first on AMBCrypto.

2021-6-9 23:00	News
bitcoin matic solana price analysis june focus

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What Exactly are the Implications of El Salvador Declaring Bitcoin a Legal Tender for Crypto

A “big win” for crypto, El Salvador’s Bitcoin adoption has implications for the US and may result in a domino effect which seems to have started with Paraguay hinting at something “important” with BTC.

2021-6-7 16:27	Bitcoin News
bitcoin crypto salvador implications effect domino started

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Ethereum, Monero, Filecoin Price Analysis: 22 May

Bitcoin's dip back towards $35,000 over the last 24 hours had a domino effect on the rest of the broader market. However, some buying was observed once the king coin clawed back the region above $37,0The post Ethereum, Monero, Filecoin Price Analysis: 22 May appeared first on AMBCrypto.

2021-5-23 01:00	News
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Domino Effect: Is India The Start Of Weaker Governments Banning Bitcoin?

This week, it was revealed that India would seek to impose some of the most stringent rules globally on cryptocurrencies, banning citizens from owning, trading, transferring, or mining assets like Bitcoin and altcoins.

2021-3-16 18:30	xbtusd
banning bitcoin india citizens cryptocurrencies stringent rules

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Binance's network crashes following Bitcoin-Tesla news

A Domino Effect is as legit as it gets in the digital asset industry and the market is up for a toss again as recent reports suggested that Tesla had invested a whopping $1.5 billion in Bitcoin over tThe post Binance's network crashes following Bitcoin-Tesla news appeared first on AMBCrypto.

2021-2-8 17:09	News
binance bitcoin-tesla following crashes network whopping billion

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How long before Bitcoin is truly uncorrelated with stocks?

Time and again, the digital assets industry has witnessed a domino effect. In case you missed it, on 21st September, Bitcoin's price declined by 6.46%, falling from $10996 to $10286. A little recoveryThe post How long before Bitcoin is truly uncorrelated with stocks? appeared first on AMBCrypto.

2020-9-30 22:30	Trading View
bitcoin uncorrelated stocks truly long falling declined

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Bitcoin, gold spar over 'safe-haven' status as U.S treasury bonds take the cake

The past few weeks have been extremely trying for financial markets across the globe. The COVID-19 pandemic its associated panic has created a domino effect after frenzied sell-offs led to a market crThe post Bitcoin, gold spar over 'safe-haven' status as U.

2020-3-22 21:30	Trading View
bitcoin safe-haven status gold spar domino created

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Bitcoin's domino effect saw equity crash in U.S trigger Asian sell-offs

HD: Bitcoin's collapse was a 'block of dominoes' triggered after US's equity crash From BitMEX's heightened level of Bitcoin sell liquidations to the collective collapse of the traditional stock maThe post Bitcoin's domino effect saw equity crash in U.

2020-3-19 21:30	BTC Trading View
bitcoin crash equity sell-offs asian collapse trigger

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Howdy Modi! President Trump Lands Death Blow Ahead of Indian Summer

President Trump may have set off a domino effect that sees Indian Prime Minister Narendra Modi lose support for the 2024 elections. The post Howdy Modi! President Trump Lands Death Blow Ahead of Indian Summer appeared first on CCN.com

2020-2-16 11:26
indian president trump modi howdy summer ahead

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Will the Coronavirus Cause a Global Recession?

Even if the virus doesn't grow to become a global pandemic, its economic ramifications may be enough to cause a recession in China, World Bank data suggests. This may lead to a domino effect that results in a global slowdown.

2020-2-10 18:30	recession
global may recession cause data china bank

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What’s Driving Bitcoin Prices Right Now

BTC prices fell by 6 percent on Sunday to $8,620 within five minutes. The bitcoin market downturn had a domino effect on 20 of the most popular digital currencies. The… The post What’s Driving Bitcoin Prices Right Now appeared first on CoinCentral.

2020-1-21 21:00	Bitcoin Price
prices bitcoin right driving effect popular coincentral

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Bitcoin's decreasing miner fees less worrying than miner capitulation

Bitcoin's falling price is currently manifesting into a domino effect for all its fundamental statistics. After its mid-year bull surge, Bitcoin's valuation has acclimatized itself to the lower ranThe post Bitcoin's decreasing miner fees less worrying than miner capitulation appeared first on AMBCrypto.

2019-12-20 23:30	Trading View
bitcoin miner capitulation worrying less decreasing fees

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How a Whale Crashed Bitcoin to Sub-$7,000 Overnight

Bitcoin lost billions of dollars worth of valuation within a 30-minutes timeframe as a Chinese cryptocurrency scammer allegedly liquidated its steal via over-the-counter markets. The initial sell-off by PlusToken caused a domino effect, causing mass liquidations.

2019-12-17 16:53
bitcoin markets over-the-counter via liquidated steal sell-off

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No surrender! Bitcoin miners (BTC) stay in business

Information about the upcoming surrender of miners due to BTC price dropping is greatly exaggerated, according to crypto community observers. The surrender of miners, that is, the cessation of mining due to low profits, can cause a domino effect – a rapid drop in the network hashrate and BTC price. However, some observers claim that […]

2019-12-11 16:40	Mining
btc miners surrender observers price due domino

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession.

2019-9-16 01:30
central monetary easing economy banks slows way

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CNBC Analyst Calls Secretary Mnuchin Out on Bitcoin Criticism

This week, the crypto market has been turned upside down after United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto. The tweet heard ‘round the world in the crypto space started a domino effect with nearly every US politician and regulatory body making comments about the digital asset class.

2019-7-18 18:37	Steven Mnuchin
bitcoin crypto cnbc criticism calls analyst secretary

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Recent Bitcoin Stability Amid Crypto Market Volatility is Paving the Path to a Positive Price Trend

This weekend marked the speculation for what caused Bitcoin prices to drop. While it was found that a sell order of 5000 BTC on BitStamp caused BTC’s overall price to drop. It ended up having a domino effect on BitMEX, trading platform that was criticized for poor liquidity. In addition, many crypto fanatics were sharing […]

2019-5-21 02:57	Bitcoin (BTC) Price
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Coinbase extends XRP trading access to New York users; coin pumps by 22%

Bitcoin’s resilient bullish rally over the past two weeks lifted the prices of almost all altcoins, owing to the domino effect that the king coin had on the collective market. However, XRP failed to post any consistent improvement in valuation, settling for meager single-digit rises over the past week.

2019-5-14 12:00	News
xrp coin coinbase extends past new york

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Bitcoin’s [BTC] domino effect: Ethereum [ETH] up by 8%, EOS surges 4% in an hour

The cryptocurrency market saw the prices of most major cryptocurrencies rise after Bitcoin [BTC] registered considerable growth on May 11. Ethereum and EOS joined the league of the best performing coins as they noted a growth of over 2% in an hour.

2019-5-11 14:36	News
eth ethereum hour eos bitcoin btc market

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Bitcoin Cash [BCH]: Almost 50% of network’s transactions over a month linked to single address

After almost a week of bullish momentum, the cryptocurrency market underwent a bearish move today as the collective market fell. Though the movement was relatively insignificant, Bitcoin’s domino effect was once again put to test by the bears today after its hard fork, Bitcoin Cash, also fell by a meager amount on May 6.

2019-5-7 21:00	News
bitcoin almost cash today market fell bch

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XRP and Stellar Lumens [XLM] Price Analysis: Bears retain control of coins

XRP and Stellar Lumens [XLM] fell prey to the Bitfinex-Tether episode, which saw Bitcoin [BTC] drop by approximately $400 and contribute to a domino effect in the market. At press time, XRP had fallen by 1.

2019-4-30 12:30	XLM
xrp stellar xlm lumens coins market fell

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A Possible Fall In Tether’s Price May Benefit Bitcoin as Traders Buy BTC with USDT for Liquidity

Bitcoin is considered to be the largest cryptocurrency in the market today, this is pretty obvious, as it has more than half of the market share in the whole crypto market. Since the token lost some of its price recently, it has caused a domino effect that basically made all altcoins lose value as well. […]

2019-4-30 04:27	Bitcoin (BTC) Price
market bitcoin price lost crypto whole share

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Bitcoin [BTC] might benefit if Tether’s value goes down, claims Tone Vays

Bitcoin’s dominance [BTC] in the cryptocurrency market was evident after the coin’s recent price fall caused a domino effect in the market. Considering it is the largest virtual asset in the ecosystem, the price of Bitcoin often affects the entire market collectively.

2019-4-29 14:00	Tone Vays
bitcoin btc market value price might tether

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Tron dominates DApp blockchain space, takes 7 spots on Top-10 list

The collective cryptocurrency market had undergone a bearish move following Bitcoin’s dip in price after the Bifinex-Tether fiasco unraveled. Due to the market dominance of Bitcoin and its domino effect on altcoins, Tron, along with other tokens, found it difficult to beat the pullback and was down by 5.

2019-4-29 23:30	trx
tron bitcoin market list top-10 blockchain dapp

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Bitfinex vs NY State Attorney General: Blockchain evangelist calls out New York for double standards

Bitcoin [BTC], the largest cryptocurrency by market cap, fell considerably after news pertaining to Bitfinex, a leading cryptocurrency exchange and Tether [USDT], the largest stablecoin by market cap, broke out.

2019-4-26 17:00	USDT
out bitfinex bitcoin double standards largest cap

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Bitfinex claims New York AG’s court filings written in ‘bad faith’ and ‘riddled with false assertions

Bitcoin and Tether have been closely related since time immemorial, but the recent string of events pushed the price of Bitcoin down by 9% in about 3 hours. This has caused a domino effect, causing the price of other altcoins to fall as well.

2019-4-26 08:04	USDT
bitfinex new york bitcoin false price assertions

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New York AG’s court filings written in ‘bad faith’ and ‘riddled with false assertions,’ claims Bitfinex’s rebuttal

2019-4-26 08:04	USDT
new bitfinex york bad bitcoin price court

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#DelistBSV’s domino effect: Crypto-enthusiasts ask ‘how much power should exchanges have?’

Binance, the largest cryptocurrency exchange by trading volume, was in the spotlight for taking the decision to delist the currently 14th largest cryptocurrency, Bitcoin SV. This move had a domino effect, with several other exchanges announcing that they would also be supporting the move by delisting the coin from their platforms.

2019-4-16 16:30	News
exchanges effect domino cryptocurrency move delistbsv largest

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Bitcoin [BTC] market would be significantly driven by Wall Street, says eToro’s Mati Greenspan

Bitcoin’s [BTC] recent bullish march had triggered price hikes for multiples tokens in the market. The Bitcoin price surge seemed to have a domino effect on Bitcoin futures trading and according to data released by Chicago Mercantile Exchange’s [CME], Bitcoin futures traded over $560 million over the last week.

2019-4-7 15:30	Social
bitcoin mati greenspan btc market etoro price

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Nvidia’s (NVDA) Stock Value Plunges by 55% in 3 Months Due to the Crypto Bear Market

The cryptocurrency bear market has had a domino effect on not only traders and miners, but the companies that manufacture the necessary hardware to validate transactions on the blockchain. One such company is Nvidia which is also listed in the US Stock markets.

2018-12-22 20:00	Nvidia
months market bear nvidia stock value crypto

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Bitcoin Risks Mining Death Spiral If BTC Price Plunges Below $3K

Bitcoin slid even further downhill this weekend, as the crypto market shed a total $17bn in market capitalization. But the problems might be just the beginning, as further drops threaten to cause a domino effect in the incentives that keep mining networks running.

2018-11-27 22:42	Mining
bitcoin mining risks crypto market further btc

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Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report

It was alleged that Celsius executives purportedly involved Wintermute in facilitating “wash trading” to “fraudulently” manipulate trading volumes on the Celsius platform.

Celsius requests court to prolong its exclusivity period before submitting reorganization plan

Celsius filed a request in court for an extension on the deadline for reorganization. The firm claims it needs more time to complete the plan because reorganization is ‘complex’. According to a Celsius Twitter post on November 10, 2022, the…

Celsius Creditors Should Add All Claims on POC Form, Bankruptcy Expert Says

In a recent tweet, David Adler, a Bankruptcy asset recovery expert and lawyer, mentioned that Celsius investors should remember to add all their different claims on the proof of claim form. Instead of focusing on just crypto, investors should add…

Celsius Investors Lost Millions of Dollars, Records Show

Celsius investors lost millions of dollars according to a new report. Jacob Benjamin Fite topped the list, losing $40 million.

Celsius Network’s Founder Withdrew $10 Million Ahead of the Company’s Insolvency

According to the Financial Times, Alex Mashinsky, who resigned as CEO of Celsius on September 27, withdrew US$10 million from the crypto exchange weeks before it declared bankruptcy and froze withdrawals in June.

Celsius Files for Account Holder Loan Obligations

Crypto loans-based bankrupt company Celsius filed for account holder loan obligation on Friday. In a statement, the company said it is not looking for commitments on loan repayment for its outstanding debts during its chapter 11 proceedings. Celsius Decides Not…

2022-11-14 23:00

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