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Crypto lender Celsius Network files for bankruptcy

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Major U.S. crypto lender Celsius Network has filed for bankruptcy

It’s a bad day for crypto investors as U.S. crypto lender, Celsius Network, files for bankruptcy.

The group becomes the latest victim in the sector to fall under a dramatic plunge in prices.

Its listed assets and liabilities on a consolidated basis between USD$1-10 billion.

It follows another lender, Voyager Digital filing for bankruptcy last week after it suspended withdrawals and deposits.

The pandemic brought about a string of crypto lending.. but have tumbled in recent months following the collapse of Terra USD in May, and a crash of some of the other majors.

It’s understood Celsius has $167 million in cash, which will provide liquid to support operations during the restructure.

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The integral step to entering the property market

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In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

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LA real estate agent reveals the secret to success

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What does it take to be a top performing real estate agent?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark delves into the fast paced world of LA luxury real estate with renowned agent, Glen Coutinho from Rodeo Realty Beverly Hills. #wyld money #trending

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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