3 months ago • 4:33 mins
Crypto has been on a terrible run of form this year. Heavy-hitters from Luna to bitcoin have taken a spill, with the latter having slipped below $20,000 over the weekend for the first time since a pandemic-crippled 2020. But there is a silver lining: three of the biggest casualties could offer clues to help you protect yourself from the next crypto crash.
On June 13th, crypto lending platform Celsius Network (CEL) announced it was freezing all user withdrawals because of “extreme market conditions.” That’s a big deal: the lender has over 1 million users, and reported having almost $12 billion of user assets under management in May this year.
Until recently, you could have deposited crypto with Celsius and earned decent interest rates. Depending on the t
Lately it seems like all the markets can do is drop. But if you’ve got spare cash, Stéphane says, some of these price falls are a blessing in disguise.
It’s one of the oldest, biggest, and most successful crypto funds. Jon’s laid out why its boss sees crypto as a major opportunity right now.
There are winners and losers in every market crisis, and Russell’s taken a look at who will profit and who will struggle in the one unfolding now in the UK.