Celsius Network approved to convert altcoins into BTC or ETH

United States News News

Celsius Network approved to convert altcoins into BTC or ETH
United States Latest News,United States Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Celsius Network granted permission to convert non-BTC and non-ETH altcoins into leading cryptocurrencies.

Related:The recently revealed owners have announced their intention to develop a revised bankruptcy plan.

Although specific details of these plans have yet to be disclosed, one certainty is that the Fahrenheit consortium will exclusively distribute the assets in Bitcoin and Ethereum, excluding any other tokens., prompting them to explore unique strategies to address creditor demands for reimbursement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC TalksBankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks.CelsiusNetwork can start converting altcoins starting tomorrow, as the bankrupt crypto lender prepares for a BTC and ETH-based creditor distribution, a New York judge said. jackschickler reports
Read more »

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETHCelsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETHCelsius could start selling its major holdings of $SOL, $ADA, $LTC, $MATIC and other altcoins on July 1, possibly putting downward pressure on the assets. realDannyNelson reports
Read more »

Massive $7 Billion Bitcoin (BTC) and Ethereum (ETH) Options Countdown: Price Implications UnveiledMassive $7 Billion Bitcoin (BTC) and Ethereum (ETH) Options Countdown: Price Implications Unveiled$7 billion Bitcoin & Ethereum options face epic expiry: Here's what to expect bitcoin btc btcusdt ethereum eth ethusdt $btc $eth
Read more »

CME Group Announces Plans to Launch ETH to BTC Ratio FuturesCME Group Announces Plans to Launch ETH to BTC Ratio FuturesDerivatives exchange CMEGroup plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators. HeleneBraunn reports
Read more »

CME Group set to introduce ETH to BTC Ratio futuresCME Group set to introduce ETH to BTC Ratio futuresGiovanni Vicioso, CME Group’s global head of cryptocurrency product, shared that this new contract would enable a diverse range of clients to capitalize on opportunities for hedging positions and implementing various trading strategies.
Read more »

Celsius debtors can swap altcoins for bitcoin and ether starting July 1Celsius debtors can swap altcoins for bitcoin and ether starting July 1A New York court said Celsius debtors can begin cashing out altcoins for bitcoin and ether starting on July 1.
Read more »



Render Time: 2025-03-12 05:38:19