An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
Crypto Volume
Understanding Crypto Trading Volume
Cryptocurrency volume refers to the total number of coins or tokens traded over a certain period. Volume is an important indicator of activity and interest in a particular cryptocurrency. High trading volume typically indicates that a cryptocurrency is widely held and actively traded, while low trading volume may suggest that the cryptocurrency is less popular or less liquid. To understand the volume of a particular cryptocurrency, one can look at data from a cryptocurrency exchange, which will typically display the…
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