Economy
Crypto Moves — Bitcoin & Ethereum rise; Crypto firm Celsius files for bankruptcy; Stablecoins under ‘same risk, same regulation’
Follow-ups -eshrag News:
Thu, 2022-07-14 15:13
RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Thursday, rising by 3.15 percent to $20,084.51 at 9:15 a.m. Riyadh time.
Ethereum, the second most traded cryptocurrency, was priced at $1,104.69, rising by 4.66 percent, according to data from CoinDesk.
Crypto firm Celsius files for bankruptcy
The industry was thrown into greater turmoil on Wednesday when cryptocurrency investment platform Celsius filed for bankruptcy in the US a month after freezing withdrawal, according to Reuters.
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