Search Results for: Celsius Network

celsius network

Following an independent review, the Celsius Network valued at $3.1 billion

According to new research from Alpha Sigma Capital, crypto lending platform Celsius Network is worth three times its current market capitalization, indicating the project’s massive growth potential over the next five years. Alpha Sigma Capital calculated that the crypto company has an implied value of $3.13 billion based on 2020 financials obtained from Celsius. Which […]

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Both Bitcoin (BTC) and gold would greatly benefit from the current “inflation of money,” predicts the CEO of a big crypto company, while also acknowledging that he thinks people should still own more gold than bitcoin. In a recent interview with Kitco News, Alex Mashinsky, CEO of crypto lender Celsius Network. Has made the advice […]

German Neobank Offers Bitcoin Accounts 4.3 Percent of Interest

Thanks to a new collaboration with the cryptocurrency lending platform Celsius Network. All 80,000 users of German neobank Bitwala will now purchase, keep, and receive interest on Bitcoin ( BTC) in their bank accounts. Bitwala is the first classic fiat bank to pay interest for keeping Bitcoin in an account. With three other decentralized finance […]

BitMEX Report: Issuance of CBDCs may lead to inflation

BitMEX Report: Issuance of CBDCs May Lead to Inflation

A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy. Money Supply In the modern economy, the money supply is largely determined by the banks’ ability and/or willingness to make loans. From a […]

defi leader makerdao partners with simplex

DeFi Giant MakerDAO Partners with Simplex to Build a DAI Fiat On-Ramp

Major decentralized finance (DeFi) player MakerDAO (MKR) partnered with payment processor Simplex to create a fiat on-ramp for its DAI decentralized stablecoin. According to the 3rd March’s announcement, the partnership makes it possible to buy DAI with the credit and debit cards of Simplex’s partner firms. Maker’s business development representative in Europe, Gustav Arentoft, said: […]