The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.
The price gap between the locked-up ether and spot ether may be a sign of traders demanding compensation for Ethereum’s "Merge" risks, a FundStrat analyst said.
Ethereum’s Ropsten testnet is on the brink of a pivotal transition to proof-of-stake, but an unwelcome “reorg” rained on the Merge prep parade last week.