What Happened to Celsius and What Does This Mean to the Market?

Celsius Network has been at the tip of everyone’s tongue over the past week, and not without reason. The platform is at the forefront of the ongoing cryptocurrency storm and market downturn.

A couple of days ago, the company did what many were afraid of – Celsius Network paused all withdrawals, swaps, and transfers between accounts. Users are essentially locked out of their funds as the company promises that “acting in the interest of our community is our top priority.”

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Time Stamp
00:38 What’s going on
01:58 Domino example
05:05 How serious is the situation
06:44 What’s bing done now
07:30 StETH strategy
08:00 Closing thoughts

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