Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other proj...
Alex Mashinsky has stated firmly that it is opportunistic short sellers on Wall Street that is responsible for the negative price action in the markets. The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging, and collapse of Terra (LUNA) — at least in part — to short sellers on Wall Street. CEL has fallen from its all-time high of $8.05 to $0.82, which is a 90% drop.In....
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On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius — Founder Apologizes for the ‘Difficult Financial Circumstances’ After Celsius paused withdrawals on June 12, 2022, over a month later the company filed for Chapter 11 bankruptcy protection. Just recently, leaked audio from Celsius executives suggested the firm might try to leverage....
BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come. Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The Dow Jones Industrial Average is on track for its eighth consecutive negative week and the S&P 500 is close to plunging into the bear market territory.Celsius (CEL) CEO Alex Mashinsky believes that the short sellers on Wall Street are looking for any weakness in crypto companies....
Celsius CEO Alex Mashinsky sat down live at Miami’s Bitcoin 2021 Conference with Yahoo! Finance for a brief discussion on Celsius, Elon, and more. With a quick question out of the gate around Elon’s latest Twitter chatter, Mashinsky didn’t hesitate to share his opinion. ‘The Crypto Tourist’ “Elon is a tourist in crypto”, Mashinsky stated, […]
All claims that Celsius Network’s CEO attempted to leave the country have been refuted by the company. This news came after reports that CEO Alex Mashinsky may have been detained by law enforcement as he attempted to flee the country. Celsius Denies CEO Fleeing Allegations According to the company, struggling cryptocurrency lending startup Celsius is […]
Celsius Network CEO Alex Mashinsky suggested that Ether has already started “flippening” Bitcoin in U.S. dollar terms. Bitcoin (BTC), the largest cryptocurrency by market capitalization, has already started losing its market dominance to Ether (ETH), according to Celsius Network CEO Alex Mashinsky.In a Monday interview with Kitco News, Mashinsky argued that the Ether “flippening,” or the hypothetical scenario in which Ether overtakes Bitcoin as the world’s most valued cryptocurrency, is already happening right now.Mashinsky said that the flippening has already happened on Celsius. “We....