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Amid Pandemic Downturn, Crypto Lender Celsius Hits 50K in Bitcoin Deposits

Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active users of its app, the company’s growth is now on track to outperform 2019 by 60%. Speaking to Cryptox on May 1,

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Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO

The Celsius Network is the first major cryptocurrency lending platform that is profitable, according to its CEO and founder Alex Mashinsky.CryptoX interviewed Mashinsky to learn more about this achievement, how the latest market downturn has affected its business and his outlook on the industry.According to Mashinsky, the company was

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Dow Futures Slide as Morgan Stanley Warns ‘Downturn’ Has Begun

Dow Jones Industrial Average (DJIA) futures fell as much as 178 points on Tuesday. Apple warned investors that coronavirus shutdown in China would hit revenue. One Morgan Stanley analyst said we are entering a ‘downturn’ phase for the U.S. markets. U.S. stock markets were knocked off their record highs during after hours trading

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