Celsius files for bankruptcy; Crypto unfazed by US inflation
1. Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans
2. Bitcoin bounces back after US CPI hits 41-year high
3. MATIC skyrockets as Polygon joins Disney accelerator
4. Bitcoin hashrate slumps to lowest in over five months amid 100-degree-plus weather in Texas
5. Questions over Circle’s USDC reserves linger despite reassurances
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 14th.
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Tony Sycamore, Senior Market Analyst, City Index, APAC
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Jeremy Fox-Geen, CFO, Circle
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Joel Flynn, Chief Correspondent, Forkast News
