Imagine if BiteCard actually did go LIVE last week
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Posted On: 06/13/2022 10:19:05 AM
Imagine if BiteCard actually did go LIVE last week and not fake LIVE and then had to pause people using the BiteCard hours or days later. That wouldn't be good. If UST and luna collapsed and people are nervous Celsius now who's CEL token is down about 50%. Maybe pretty soon it will be down to around the price of one MONI share.
Sad but true this is really bad timing for Moonshiners. Maybe the company can get the mine pump going again?
Celsius ‘adding fuel to the fire’
The crypto market has also been on edge since mid-May when the so-called algorithmic stablecoin terraUSD, or UST, and its sister cryptocurrency luna collapsed.
Now, the market is concerned about a crypto lending company called Celsius which said on Monday that it’s pausing all withdrawals, swap and transfers between accounts “due to extreme market conditions.”
Celsius, which claims to have 1.7 million customers, advertises to its users that they can get a yield of 18% through the platform. Users deposit their crypto with Celsius. That crypto is then loaned out to institutions and other investors. Users then get yield as a result of the revenue Celsius earns.
But the crypto market sell-off has hurt Celsius. The company had $11.8 billion worth of assets as at May 17, dow
Sad but true this is really bad timing for Moonshiners. Maybe the company can get the mine pump going again?
Celsius ‘adding fuel to the fire’
The crypto market has also been on edge since mid-May when the so-called algorithmic stablecoin terraUSD, or UST, and its sister cryptocurrency luna collapsed.
Now, the market is concerned about a crypto lending company called Celsius which said on Monday that it’s pausing all withdrawals, swap and transfers between accounts “due to extreme market conditions.”
Celsius, which claims to have 1.7 million customers, advertises to its users that they can get a yield of 18% through the platform. Users deposit their crypto with Celsius. That crypto is then loaned out to institutions and other investors. Users then get yield as a result of the revenue Celsius earns.
But the crypto market sell-off has hurt Celsius. The company had $11.8 billion worth of assets as at May 17, dow
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