On Monday, Sept. 23, 2024, the crypto market reached a total value of $ 2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even …
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $ 0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s creditors are rallying to set the token’s worth at a more modest …