Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters – Markets and Prices Bitcoin News

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During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S.dollar.On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit.Following the news that the company filed for bankruptcy protection, the native crypto asset dropped 58%…

3 questions for attorney Christian Solmecke

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Mr.Solmecke, when do you speak of theft of cryptocurrencies in the legal sense? Solmecke: The theft of cryptocurrencies is not a matter of “theft”, because theft in our Section 242 Penal Code only sanctions the removal of someone else’s movable property (touchable).However, cryptocurrencies are purely digital assets. However, perpetrators do not go unpunished.In these cases,…

Gorilix (SILVA), Polygon, Loopring, Show Resilience While Crypto Titans Slide | NewsBTC

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While cryptocurrency mainstays Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) struggled on Tuesday, June 12, investors found value in smaller-cap tokens.Polygon (MATIC) and Loopring (LRC) both edged higher, sustaining momentum from a strong Monday.Meanwhile, Gorilix (SILVA) is rounding out its presale on a strong note that distinguishes it from the rest of the field. Gorilix,…

InvestDEFY Reports Strong Performance of SYGMA Program Amidst Turbulent Market

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Weekly Market Neutral Yield Harvest Program Endures Bear Market With Greater Returns and Less Volatility Compared to Bitcoin (BTC) and Ethereum (ETH) TORONTO , July 12, 2022 /PRNewswire/ — InvestDEFY , a sophisticated structured products company making crypto investing simple, today announced the strong performance of the weekly market neutral yield harvest program, SYGMA ,…

Cryptocurrency Bear Market Opportunities: Cardano (ADA), Solana (SOL), and Degrain (DGRN)

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The overlapping factors responsible for creating a bear market can rarely be predicted. A case study would be Bitcoin (BTC) which obtained an all-time high of $69,000 and then slumped recently to a $18,000 low.Declines like that, in any cryptocurrency, can prove damaging to investments if resources are not channeled to alternative profitable cryptocurrencies and…

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