Breaking: Celsius Paid Off Maker Loan, Moves Funds In Single Wallet
Crypto lender Celsius has paid off its Maker loan completely. Celsius has paid the 41.23 million DAI debt and withdrawn 21,962.63 wBTC collateral worth $450 million. Interestingly, most of the funds are now in a single wallet, which some think is a pre-bankruptcy consolidation of funds.
🔥Will UK Crypto Laws Get Friendlier After PM Boris Johnson’s Resignation?
Boris Johnson is set to resign as the leader of the Conservative Party, BBC reports. He is then expected to stand down as the Prime Minister in October. According to Time, Rishi Sunak, the chancellor of the exchequer under Johnson, is a favourite to replace Johnson as the next Prime Minister of Britain.
🔥Major Elon Musk Announcement Fails To Spur Dogecoin Rally, Here’s why
Elon Musk’s Boring Company announced that they will accept Dogecoin($DOGE) as payment for rides on Loop, its Las Vegas transit system. Replying to the CNN article about the announcement, Elon Musk tweeted his support for Doge wherever possible. Despite Musk’s public support of the meme coin, Doge experienced only a modest 3% surge to a price of $0.06924.
🔥Court Denies Ripple’s This Motion; Now SEC Wants To Exclude 10 Testimony
In order to strengthen its legal team in the crucial lawsuit against SEC, Ripple filed a motion to include two newly hired lawyers. However, the court has denied the defendant’s request for admission.
🔥ETH Jumps 5% Following Ethereum’s Sepolia Testnet Merge Success, Goerli Next
On Wednesday, July 6, Ethereum developers successfully conducted The Merge on the Sepolia testnet, taking the Ethereum network a step further to the Proof-of-Stake (PoS) network.The news brought some cheer to Ether (ETH) investors as the ETH price has jumped 5% in the last 24 hours and is currently trading at $1,170.
📈AVAX Price Analysis: $18.5 Breakout May Soar AVAX Recovery by 14.7%
Over the past three weeks, the AVAX/USDT price action has been wavering in response to a cup and handle pattern. The altcoin is currently forming the handle portion of the pattern,which should surge the price 14.73% higher to reach $22.1. A potential breakout from this resistance would propel further recovery in price.Â