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Celsius Network: crypto deposits have reached $1 billion over the past 2 years

[vc_row][vc_column][vc_paragraph text=”Celcius Network has recently reported $1 billion deposits that indicates high demand among crypto community for the ways of getting percentage from crypto investments.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Marginal crypto lendings are becoming more popular” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As we all know, the major part of crypto community consists of crypto enthusiasts that prefer HODL strategy to wasting their crypto assets.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This is a sufficient ground for creditors that are able to connect crypto holders with those who need loans, while the creditors themselves may get percentages from the deals.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Celsius saw incredible growth attracting over 110 000 creditors since its launch.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Celsius CEO Alex Mashinsky claimed that enhancing the global financial opportunities financial is an important stimulus for the introduction of the new lending platform since the financial and economic equity is now more important than ever.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”We face the catalyst that requires for fundamental changes in the ways of making money and distribution of wealth around the world.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Still it is unclear whether the resource has enough reserves to cover percentages of all users possessing assets within the platform.”][vc_paragraph text=”Furthermore, Celsius is also experiencing competition from lending providers, such as Blockfi that possesses large volume of crypto assets.”][/vc_column][/vc_row]

New Bitstamp and Coin Metrics report - image
analytics

New Bitstamp and Coin Metrics report

[vc_row][vc_column][vc_paragraph text="Stablecoins have doubled their capitalization up to $12 billion after the March crypto market collapse."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="Increasing demand for stablecoins" ...