The leading altcoin, Ether, performed even better, rising recently by more than 19% from the day before to trade at almost $1.6K.
Crypto lending platform, Celsius, has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the start of July...
Celsius laid off some 150 employees as it battles a financial crisis that saw the platform halt customer withdrawals last month...
The price of CEL has almost quadrupled since June 19 in what appears to be a frenzy stirred up by futures and derivatives traders.
Questions surrounding Celsius's financial health are still making waves in cryptocurrency markets as the selloff intensifies.
Nexo has expressed interest in buying certain assets from its rival, Celsius, after the latter said it was freezing withdrawals and transfers...
