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CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S.

Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released

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Celsius announces only transfers from accredited US-based investors will be able to earn rewards

Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators.In a Monday announcement, Celsius said its ​​Earn product, which allows users to earn interest on crypto, would be unavailable to U.S. residents

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Blockchain.com launches asset management for institutional investors

Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers.According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and high-net-worth individuals. BCAM was founded in collaboration with Altis Partners, a futures portfolio manager that also manages

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Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat

Amid Oanda Senior Market Analyst, UK & EMEA Craig Erlam noted bitcoin's choppiness over the past week after soaring past $47,000. "It's recovered over the last few days after finding some support around $44,000 but continues to struggle to find much momentum as it approaches last week's peak," Erlam said.

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