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Celsius price

Celsius priceCEL

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Price of Celsius today

The live price of Celsius is $0.1985 per (CEL / USD) today with a current market cap of $7.49M USD. The 24-hour trading volume is $821,760 USD. CEL to USD price is updated in real time. Celsius is 5.98% in the last 24 hours. It has a circulating supply of 37,720,110 .

What is the highest price of CEL?

CEL has an all-time high (ATH) of $8.02, recorded on 2021-06-03.

What is the lowest price of CEL?

CEL has an all-time low (ATL) of $0.02235, recorded on 2018-10-16.
Calculate Celsius profit

Celsius price prediction

When is a good time to buy CEL? Should I buy or sell CEL now?

When deciding whether to buy or sell CEL, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CEL technical analysis can provide you with a reference for trading.
According to the CEL 4h technical analysis, the trading signal is Neutral.
According to the CEL 1d technical analysis, the trading signal is Sell.
According to the CEL 1w technical analysis, the trading signal is Sell.

What will the price of CEL be in 2025?

Based on CEL's historical price performance prediction model, the price of CEL is projected to reach $0.3209 in 2025.

What will the price of CEL be in 2030?

In 2030, the CEL price is expected to change by 0.00%. By the end of 2030, the CEL price is projected to reach $0.7490, with a cumulative ROI of +297.97%.

Celsius price history (USD)

The price of Celsius is -19.91% over the last year. The highest price of CEL in USD in the last year was $2.05 and the lowest price of CEL in USD in the last year was $0.1196.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+5.98%$0.1850$0.2002
7d-19.15%$0.1636$0.2464
30d-11.66%$0.1636$0.3099
90d-65.55%$0.1636$0.6448
1y-19.91%$0.1196$2.05
All-time-9.31%$0.02235(2018-10-16, 6 years ago )$8.02(2021-06-03, 3 years ago )

Celsius market information

Market cap
$7,487,485.24
+5.98%
Fully diluted market cap
$7,487,485.24
+5.98%
Volume (24h)
$821,760
-9.25%
Market rankings
Circulation rate
100.00%
24h volume / market cap
10.97%
Circulating supply
37,720,110 CEL
Total supply / Max supply
37,720,111 CEL
-- CEL
ICO price
$0.3000 ICO details
Buy Celsius now

Celsius ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Celsius (CEL)

What Is Celsius Network?

Celsius Network is a regulated cryptocurrency lending platform, headquartered in the United States, that has made significant waves in the digital asset space. Founded in 2017 by Alex Mashinsky, Daniel Leon, and Nuke Goldstein, the network offers a unique proposition for crypto users: the ability to deposit various digital assets to earn high returns or to secure loans. In 2018, Celsius Network conducted a highly successful Initial Coin Offering (ICO) for its native token, CEL, raising an impressive $50 million. This marked the beginning of a period of exponential growth, with the company managing approximately $12 billion in assets and establishing itself as a prominent player in the market.

However, the journey was not without its challenges. The firm faced multiple controversies and eventually filed for bankruptcy in 2022, citing poor asset deployment decisions. Currently, Celsius Network is undergoing restructuring as part of the bankruptcy process.

Resources

Official Website: https://celsius.network/

How Does Celsius Network Work?

Celsius Network operates in a way that mirrors traditional banking systems, but with a focus on cryptocurrency. Users can deposit their crypto assets into Celsius to earn interest, similar to a savings account in a conventional bank. This feature has made it an attractive option for individuals looking to generate passive income from their cryptocurrency holdings. Additionally, Celsius extends the facility to borrow money against these deposits. This service is particularly beneficial for those who need liquidity but do not wish to sell their crypto assets, thereby avoiding potential capital gains taxes and maintaining their investment in the market.

The platform's operations are significantly enhanced by its native token, CEL. CEL plays a central role in the Celsius ecosystem, being used for various purposes including taking out loans, earning rewards, and making payments. Furthermore, Celsius has implemented a loyalty program that is directly tied to the amount of CEL a user holds. This program offers multiple tiers, each providing additional benefits such as bonus rewards and reduced interest rates on loans. This tiered system incentivizes users to hold and use CEL, thereby increasing its utility and value within the platform.

What Is CEL Token?

CEL is the native token of the Celsius Network, serving multiple functions within its ecosystem. CEL is used for loan acquisition, reward distribution, and payments. The token's utility is further enhanced by the Celsius loyalty program, where the user's status and corresponding benefits are determined by the proportion of CEL in their portfolio. This system encourages users to invest in and hold CEL, creating a robust internal economy and fostering a sense of community among users. The token's role in the platform's operations and its integration into the loyalty program make it a vital component of the Celsius Network, contributing significantly to its overall functionality and appeal.

Celsius Network's Downfall: From Crypto Titan to Bankruptcy and Legal Battles

In June 2022, the cryptocurrency world was shaken by the dramatic collapse of Celsius Network, a once-thriving crypto lending platform. Founded in 2017, Celsius Network had grown to manage assets worth $11.7 billion, boasting a user base of 1.7 million. However, the company faced a severe crisis when it abruptly froze all customer accounts on June 13, 2022, citing "extreme market conditions." This move not only sent shockwaves through the price of Bitcoin and other cryptocurrencies but also revealed the precarious financial state of Celsius. Court filings later showed that the company was in a dire situation, with liabilities of $5.5 billion against assets of just $4.3 billion, leaving a staggering deficit of $1.2 billion.

The downfall of Celsius Network can be attributed to a confluence of risky investments and market conditions. The platform's heavy investment in the LUNA's Anchor protocol and its high-risk strategies involving Wrapped BTC (WBTC) and DAI, as well as ETH and stETH, played a significant role in its collapse. These decisions, coupled with the broader crypto market downturn, led to an acute liquidity crisis for Celsius. To prevent a total drain of their holdings, the company halted all withdrawals, swaps, and transfers, effectively locking users out of their assets. This decision marked a turning point for Celsius, leading to the filing of Chapter 11 bankruptcy on July 14, 2022. The company's CEO, Alex Mashinsky, resigned in September 2022, amidst growing scrutiny and legal challenges.

The aftermath of Celsius Network's collapse has been marked by legal battles and regulatory actions. Alex Mashinsky, the former CEO, was arrested and faces criminal and civil charges related to his role in the company's downfall. The U.S. Justice Department, along with other federal regulators like the CFTC, FTC, and SEC, have been building cases against Celsius for various regulatory violations. The New York attorney general filed a lawsuit against Mashinsky for allegedly making false and misleading statements, leading to significant investor losses. As of now, Mashinsky has pleaded not guilty to all charges, and Celsius continues with its bankruptcy proceedings, leaving many investors uncertain about the fate of their assets.

Celsius Social Data

In the last 24 hours, the social media sentiment score for Celsius was 3, and the social media sentiment towards Celsius price trend was Bullish. The overall Celsius social media score was 451, which ranks 50 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Celsius being mentioned with a frequency ratio of 0.01%, ranking 348 among all cryptocurrencies.

In the last 24 hours, there were a total of 240 unique users discussing Celsius, with a total of Celsius mentions of 76. However, compared to the previous 24-hour period, the number of unique users increase by 27%, and the total number of mentions has decrease by 71%.

On Twitter, there were a total of 2 tweets mentioning Celsius in the last 24 hours. Among them, 50% are bullish on Celsius, 50% are bearish on Celsius, and 0% are neutral on Celsius.

On Reddit, there were 58 posts mentioning Celsius in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 18% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
451(#50)
Social contributors (24h)
240
+27%
Social media mentions (24h)
76(#348)
-71%
Social media dominance (24h)
0.01%
X
X posts (24h)
2
0%
X sentiment (24h)
Bullish
50%
Neutral
0%
Bearish
50%
Reddit
Reddit score (24h)
83
Reddit posts (24h)
58
+18%
Reddit comments (24h)
0
0%

How to buy Celsius(CEL)

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Celsius news

Is Crypto the Ultimate Mirror of Emotions Like Greed, Fear, and Hope?
Is Crypto the Ultimate Mirror of Emotions Like Greed, Fear, and Hope?

Is the crypto market’s behavior based solely on emotions?

Cryptopotato2024-12-20 16:00
Bitcoin Mining – A Solution for Europe’s Energy Crisis
Bitcoin Mining – A Solution for Europe’s Energy Crisis

A new Forbes article details how BTC mining helps stabilize grids, using surplus energy and integrating with renewable sources

CyrptoRo2024-12-16 14:00
Judge delays sentencing of ex-Celsius exec following Mashinsky’s plea deal
Judge delays sentencing of ex-Celsius exec following Mashinsky’s plea deal

Share link:In this post: Cohen-Pavon will have to wait longer for his sentencing. Mashinsky pleaded to two counts of accusations, including price manipulation. Celsius will begin paying customers by 2025.

Cryptopolitan2024-12-11 05:33
More Celsius updates

New listings on Bitget

New listings

FAQ

What is the current price of Celsius?

The live price of Celsius is $0.2 per (CEL/USD) with a current market cap of $7,487,485.24 USD. Celsius's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Celsius's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Celsius?

Over the last 24 hours, the trading volume of Celsius is $821,760.

What is the all-time high of Celsius?

The all-time high of Celsius is $8.02. This all-time high is highest price for Celsius since it was launched.

Can I buy Celsius on Bitget?

Yes, Celsius is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Celsius Network guide.

Can I get a steady income from investing in Celsius?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Celsius with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Celsius (CEL)?

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1 CEL = 0.1985 USD
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Bitget Insights

faizaffahsi
faizaffahsi
3d
Celsius to Distribute $127 Million to Creditors Amid Ongoing Bankruptcy Proceedings Celsius, the embattled cryptocurrency lender, has announced plans to distribute $127 million to its creditors. However, the payout is subject to certain conditions and eligibility criteria. Eligible creditors will receive their share in Bitcoin (BTC), Ethereum (ETH), or US dollars (USD). Notably, recipients who opt for BTC or ETH must have a Coinbase account. Otherwise, they will automatically receive USD after November 9, 2024. The payout primarily benefits individuals classified under the Illiquid Recovery Rights category within Celsius's bankruptcy plan. A portion of the funds will also be allocated to address unforeseen issues. Former Celsius CEO Alex Mashinsky Faces Fraud Charges Meanwhile, Alex Mashinsky, Celsius's former CEO, is facing charges for market manipulation and fraud, including alleged misconduct related to the CEL token. A judge recently dismissed his attempt to dismiss two fraud charges. If convicted on all seven counts, Mashinsky could face up to 115 years in prison. His trial is scheduled for January 2025. The Aftermath of the 2022 Crypto Winter Celsius's bankruptcy is a lingering consequence of the 2022 crypto winter, which resulted in significant investor losses. While the payout provides some relief, it is a modest consolation compared to the substantial losses incurred. The crypto industry's ongoing struggles are underscored by high-profile cases like Celsius and BlockFi. In related news, law firms involved in crypto cases, such as Kirkland & Ellis, have reportedly earned substantial fees, totaling $120 million. Next Steps and Implications For creditors, the payout offers a measure of relief, albeit insufficient to compensate for their losses. As Mashinsky's trial approaches, the situation remains fluid. The crypto industry's path to recovery remains uncertain, with this development representing only a small step forward. Key Takeaways: - Celsius to distribute $127 million to creditors - Payout subject to eligibility criteria and conditions - Former CEO Alex Mashinsky faces fraud charges, with trial set for January 2025 - Crypto industry continues to grapple with aftermath of 2022 crypto winter
BTC+1.30%
ETH+2.34%
Amir?824
Amir?824
4d
Celsius to Distribute $127 Million to Creditors Amid Ongoing Bankruptcy Proceedings
Celsius to Distribute $127 Million to Creditors Amid Ongoing Bankruptcy Proceedings Celsius, the embattled cryptocurrency lender, has announced plans to distribute $127 million to its creditors. However, the payout is subject to certain conditions and eligibility criteria. Eligible creditors will receive their share in Bitcoin (BTC), Ethereum (ETH), or US dollars (USD). Notably, recipients who opt for BTC or ETH must have a Coinbase account. Otherwise, they will automatically receive USD after November 9, 2024. The payout primarily benefits individuals classified under the Illiquid Recovery Rights category within Celsius's bankruptcy plan. A portion of the funds will also be allocated to address unforeseen issues. Former Celsius CEO Alex Mashinsky Faces Fraud Charges Meanwhile, Alex Mashinsky, Celsius's former CEO, is facing charges for market manipulation and fraud, including alleged misconduct related to the CEL token. A judge recently dismissed his attempt to dismiss two fraud charges. If convicted on all seven counts, Mashinsky could face up to 115 years in prison. His trial is scheduled for January 2025. The Aftermath of the 2022 Crypto Winter Celsius's bankruptcy is a lingering consequence of the 2022 crypto winter, which resulted in significant investor losses. While the payout provides some relief, it is a modest consolation compared to the substantial losses incurred. The crypto industry's ongoing struggles are underscored by high-profile cases like Celsius and BlockFi. In related news, law firms involved in crypto cases, such as Kirkland & Ellis, have reportedly earned substantial fees, totaling $120 million. Next Steps and Implications For creditors, the payout offers a measure of relief, albeit insufficient to compensate for their losses. As Mashinsky's trial approaches, the situation remains fluid. The crypto industry's path to recovery remains uncertain, with this development representing only a small step forward. Key Takeaways: - Celsius to distribute $127 million to creditors - Payout subject to eligibility criteria and conditions - Former CEO Alex Mashinsky faces fraud charges, with trial set for January 2025 - Crypto industry continues to grapple with aftermath of 2022 crypto winter
BTC+1.30%
ETH+2.34%
BGUSER-MP5N6KNR
BGUSER-MP5N6KNR
2024/12/13 08:20
you’re eligible, you could get Bitcoin ($BTC ),
Celsius is back in the news. They’re planning to hand out $127 million to creditors. But before the creditors get too excited, it’s not as simple as it sounds. There are some serious rules, legal battles, and a reminder of just how crazy the 2022 crypto crash really was. Let’s break it down. Who’s Getting Paid? It is true that Celsius is giving out $127 million, but not everyone gets the same thing. If you’re eligible, you could get Bitcoin ($BTC ), Ethereum (ETH), or just regular cash (USD). But here’s the thing—if you want BTC or ETH, you need to have a Coinbase account. If not, no worries, you’ll automatically get USD after November 9, 2024. The payout is mostly for people who fall under the Illiquid Recovery Rights part of Celsius’s bankruptcy plan. But, some of the funds are being set aside for other unexpected issues. So, while it’s a step forward for some, it’s not the full recovery people are hoping for. Legal Woes for Celsius CEO While creditors wait for their share, Celsius’s former CEO, Alex Mashinsky, is in deep trouble. He’s facing charges for market manipulation and fraud, including messing with the CEL token. Recently, a judge shot down his attempt to dismiss two fraud charges. If he’s convicted on all seven charges, he could spend up to 115 years behind bars. His trial is set for January 2025, so there’s more drama to come. The Aftermath of Crypto Winter The bankruptcy of Celsius is just another result of the 2022 crypto winter. This caused a lot of investors to lose their wealth. The payout is a small relief for some, but it’s clear the crypto world has not recovered yet. Big cases like Celsius and BlockFi show just how much the industry has to fix. And even the law firms involved aren’t getting off easy. Kirkland & Ellis, which is handling several crypto cases, has reportedly earned $120 million in fees. So, yeah, you’ve got to wonder who’s really benefiting from all this mess. What’s Next? For creditors, this payout is a bit of good news. But it doesn’t come close to making up for the massive losses. With Mashinsky’s trial around the corner, there’s a lot more to unfold. The crypto world has a long way to go before it recovers, and this isn’t the end of the story.$BTC
BTC+1.30%
ETH+2.34%
Zhoanchohan
Zhoanchohan
2024/12/11 04:07
you’re eligible, you could get Bitcoin ($BTC ),
Celsius is back in the news. They’re planning to hand out $127 million to creditors. But before the creditors get too excited, it’s not as simple as it sounds. There are some serious rules, legal battles, and a reminder of just how crazy the 2022 crypto crash really was. Let’s break it down. Who’s Getting Paid? It is true that Celsius is giving out $127 million, but not everyone gets the same thing. If you’re eligible, you could get Bitcoin ($BTC ), Ethereum (ETH), or just regular cash (USD). But here’s the thing—if you want BTC or ETH, you need to have a Coinbase account. If not, no worries, you’ll automatically get USD after November 9, 2024. The payout is mostly for people who fall under the Illiquid Recovery Rights part of Celsius’s bankruptcy plan. But, some of the funds are being set aside for other unexpected issues. So, while it’s a step forward for some, it’s not the full recovery people are hoping for. Legal Woes for Celsius CEO While creditors wait for their share, Celsius’s former CEO, Alex Mashinsky, is in deep trouble. He’s facing charges for market manipulation and fraud, including messing with the CEL token. Recently, a judge shot down his attempt to dismiss two fraud charges. If he’s convicted on all seven charges, he could spend up to 115 years behind bars. His trial is set for January 2025, so there’s more drama to come. The Aftermath of Crypto Winter The bankruptcy of Celsius is just another result of the 2022 crypto winter. This caused a lot of investors to lose their wealth. The payout is a small relief for some, but it’s clear the crypto world has not recovered yet. Big cases like Celsius and BlockFi show just how much the industry has to fix. And even the law firms involved aren’t getting off easy. Kirkland & Ellis, which is handling several crypto cases, has reportedly earned $120 million in fees. So, yeah, you’ve got to wonder who’s really benefiting from all this mess. What’s Next? For creditors, this payout is a bit of good news. But it doesn’t come close to making up for the massive losses. With Mashinsky’s trial around the corner, there’s a lot more to unfold. The crypto world has a long way to go before it recovers, and this isn’t the end of the story.$BTC
BTC+1.30%
ETH+2.34%
Wu Blockchain
Wu Blockchain
2024/12/03 21:40
According to Bloomberg, Alex Mashinsky, co-founder of crypto lender Celsius Network, will plead guilty to two fraud charges. Mashinsky is accused of artificially inflating the price of the platform's CEL token to attract customers, which led to $42 million in personal profits.
THE+3.62%
CEL+5.61%

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