It’s also down by 28% in the past month.īTC’s indicators suggest that it may be ripe for a recovery. At $48,100, it’s down by 2.5% in the past 24 hours and by nearly 15% in the last week. It has fallen by 30% since reaching an all-time high of $69,044 on November 10, when the entire market also started slipping. In many ways, the current bearish environment is all about BTC. funding round was led by WestCap… and Caisse de dépôt et placement du Québec (CDPQ)." More: Most notably, it raised $400m in October from Canada’s second-largest pension fund, Caisse de dépôt et placement du Québec, and from VC firm WestCap.Ĭelsius Network raises $400m. More importantly, available evidence suggests that the Celsius Network will grow in the future. While it has entered the news recently for the wrong reasons, it wasn’t itself responsible for its loss of funds, which it had deposited with BadgerDAO.
The Celsius Network is a regulated blockchain-based lending platform that enables users to receive interest on deposited cryptocurrencies or take out loans collateralised with crypto. Its 30-day average has just produced a ‘golden cross’ with its 200-day average, suggesting that it could continue recovering strongly from its recent fall. It remains 3% down in the past week, and 14% down in the past month.ĬEL’s indicators suggest that it has broken out compared to its recent price activity.
This loss resulted in a big fall for CEL, which it’s now beginning to make up for. It has managed to buck the overall market trend because some of the Celsius Network’s funds were lost in the BadgerDAO hack last week. Celsius Network (CEL)ĬEL is up by 8% in the past 24 hours, reaching $3.86. 5Ĭryptocurrency to Buy for Price Recovery This Weekend1. This covers coins that have good short- and long-term potential. Accordingly, we’ve put together a list of 5 cryptocurrency to buy for price recovery this weekend. However, with the market falling or flatlining for a few weeks now, optimism suggests that it’s due a rebound. Pretty much every major coin has fallen along with the market, with bitcoin (BTC) and ethereum (ETH) dropping by 2.5% and 5.5%, respectively. Its total cap is now $2.37 trillion, down by just over 5% since yesterday.
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