Celsius Lowers Loan Minimum and Introduces Gold on Gold Interest

The Celsius Network is lowering its minimum loan request to $1,000 and will introduce interest paid out in gold. Celsius founder and CEO Alex Mashinsky told Cointelegraph that they had previously lowered the minimum to $1,500 from $3,000, and now they decided to lower it again to $1,000 to “let users borrow smaller amounts withoutContinue reading “Celsius Lowers Loan Minimum and Introduces Gold on Gold Interest”

‘Libra competitor’ Saga token holders can now earn up to 9.9% annual interest

Saga Monetary Technologies, which claims to provide Facebook’s Libra-like stablecoin, has listed its token SGA on crypto lending platform Celsius Network. Through this arrangement, holders of the SGA coin can earn up to 9.9% interest per annum, Saga announced on Monday. They will also be able to borrow cash or stablecoins against their SGA “atContinue reading “‘Libra competitor’ Saga token holders can now earn up to 9.9% annual interest”

Our New ‘Bitcoin Jar’ Lets You Earn Interest On Your Bitcoin Holdings

We generate interest by working through partnerships with market-leading institutional lending providers including New York-based Celsius Network. Celsius Network generates yield by lending out Bitcoin and other digital assets to carefully vetted borrowers. READ MORE modebanking.com

Celsius Partners With Chainlink to Decentralize Price Data

Today, March 30, Celsius Network (CEL) begins using Chainlink’s (LINK) price data feed oracles while offering treasury management services to the oracle platform. The CEO and founder of Celsius, Alex Mashinsky, told Cointelegraph about the rationale behind the partnership: “Celsius wants to be more transparent and more decentralized and that is the main driver forContinue reading “Celsius Partners With Chainlink to Decentralize Price Data”

Camilla Churcher Joins Celsius Network as Head of Business Development, Lead Effort with Over 250 Onboarded Partners and Institutions

The industry-leading cryptocurrency interest income platform, announces Camilla Churcher as its new Head of Business Development. Camilla has vast experience in traditional financial services as an industry expert in sales, strategic partnerships, and revenue growth. “I am thrilled at the opportunity to join the Celsius team,” said Camilla Churcher. “Celsius has been an incredible company to watch growContinue reading “Camilla Churcher Joins Celsius Network as Head of Business Development, Lead Effort with Over 250 Onboarded Partners and Institutions”

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. Cointelegraph 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 profitable in 2019 onContinue reading “Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO”

Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit

Celsius Network – the industry-leading cryptocurrency borrowing and lending platform, announces today its partnership with Prime Trust, the innovative API-enabled financial solution provider. Celsius Network will be adding Prime Trust to its list of custodians and service providers. Through this partnership, Celsius is able to offer its retail and institutional clients custodial services from severalContinue reading “Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit”

Celsius Joins Major Cryptocurrency Firms Using Simplexs Fiat Onramp

United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex, according to a Feb. 18 announcement Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. READ MORE CoinTelegraph – Feb 18th 2020

TOP 15‌ ‌Best‌ ‌Crypto‌ ‌Lending‌ ‌and‌ ‌Bitcoin‌ ‌Loan‌ ‌Websites‌ ‌for ‌2020‌

On the eve of the upcoming year of 2020, U.Today reviewed best opportunities to lend and borrow crypto tokens. Definitions, tips, highlights, rankings – in our text. READ MORE U.Today – Feb 1th 2020

Celsius to Begin Offering Compounding Interest on Crypto Deposits

Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with founder Alex Mashinsky on Jan. 22. READ MORE CoinTelegraph – Jan 24th 2020

Fresh Updates to the Celsius Loyalty Program

If you’re a CEL holder, you’re automatically enrolled in the Celsius Network Loyalty Program! Your loyalty level is based on the ratio of CEL tokens to other coins held in your wallet, and if 5% or more of your wallet balance is in CEL, you’re eligible for even greater Celsius rewards! Beginning February 1, 2020, we’llContinue reading “Fresh Updates to the Celsius Loyalty Program”

Celsius partners with Korbit

Celsius Network has announced a partnership with Korbit to manage a portion of their treasury, a first for the organization. This is the first stage of an ongoing partnership between the two companies. Sejin Oh, CEO of Korbit, says “this partnership will enable us to deliver what the Korean crypto community has been longing forContinue reading “Celsius partners with Korbit”

The VALUE of the CEL Token, Explained

Imagine a service that always acts in your best interest. A service that actually works as hard for you as you do for your money without charging any fees or penalties whatsoever. A service that actually puts its users ahead of its shareholders. Imagine a service that’s fully transparent enabling any and every participant to see in real-time HOWContinue reading “The VALUE of the CEL Token, Explained”

Celsius Network’s 2019 Year In Review

With the HODLdays upon us and the year coming to a close, it’s time to take a step back to reflect the incredible year we’ve had at Celsius Network! From token utilities to badass ambassadors, here are some of the things we’re CEL-ebrating as we head into the New Year! READ MORE Celsius Network –Continue reading “Celsius Network’s 2019 Year In Review”

Celsius CEO Says Entire Internet Will Become an Application on the Blockchain

Speaking at ELEV8CON in Las Vegas on Dec. 10, founder and CEO of Celsius Network Alex Mashinsky said that there is a war brewing between centralized and decentralized networks. “The centralization of the Internet by companies such as Facebook and Google has created a distorted reality where fake news and blatant lies get the sameContinue reading “Celsius CEO Says Entire Internet Will Become an Application on the Blockchain”

Celsius Opts for Fireblocks’ hot wallet solution to streamline its $400m lending assets

“Given our diverse set of services, the engineering and operations team required a solution that could be customized to fit all of our use cases, and Fireblocks was able to deliver that for us,” said CTO of Celsius CTO Nuke Goldstein. READ MORE TheBlockCrypto – Nov, 19, 2019

Celsius Network’s CEL Token Gets Listed on HitBTC Exchange

LONDON, Oct. 4, 2019 /PRNewswire/ —Celsius Network, the industry-leading cryptocurrency platform, announces today the listing of its CEL token on HitBTC Exchange, one of the most advanced crypto exchanges on the market today providing a variety of robust crypto trading options. Read more Business Insider – October 4th 2019