Celsius may be market’s Achilles heel, but why then did CEL rally by 100%

As the cryptocurrency ecosystem gradually recovers from the impact of the collapse of Do Kwon’s LUNA and his UST stablecoin, the suspension of withdrawals, swaps, and transfers between accounts on Celsius as a result of “extreme market conditions”, sent the entire market spiraling downwards on Monday (13 June). As the Network ‘intensified’ its effort to resume […]