Ulriksen JamisonDec 31, 2021 · 3 years ago1 answers What impact could the bankruptcy of Celsius have on the cryptocurrency market?
If Celsius, a prominent cryptocurrency lending platform, were to declare bankruptcy, what consequences would it have on the overall cryptocurrency market? How would it affect the trust and confidence of investors? Would it lead to a decrease in the value of other cryptocurrencies? How would this impact the lending and borrowing ecosystem within the cryptocurrency industry? What measures could be taken to mitigate the potential negative effects?