{"id":463573,"date":"2022-06-16T04:43:00","date_gmt":"2022-06-16T01:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/"},"modified":"2022-06-16T04:43:00","modified_gmt":"2022-06-16T01:43:00","slug":"crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/","title":{"rendered":"#Crypto: Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here\u2019s what to watch"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a29adf8d01d1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a29adf8d01d1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#%E2%80%9CCrypto_Crypto_crash_What_contagious_risks_could_Celsius_Three_Arrows_pose_Heres_what_to_watch%E2%80%9D\" >&#8220;Crypto: Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here\u2019s what to watch&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Celsius_has_paused_withdrawals_by_consumers_%E2%80%94_its_%E2%80%98Genslers_dream_one_market_participant_says\" >Celsius has paused withdrawals by consumers \u2014 it\u2019s \u2018Gensler\u2019s dream,\u2019 one market participant says<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Other_lending_platforms_tested_on_risk_management\" >Other lending platforms\u00a0tested on risk management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#%E2%80%98Systemic_exposure_driving_the_market\" >\u2018Systemic exposure\u2019 driving the market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Bitcoin_ether_selloffs\" >Bitcoin, ether selloffs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Institutional_interests\" >Institutional interests\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Looming_regulation\" >Looming regulation<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-crypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch\/#Frances_Yue\" >Frances Yue<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CCrypto_Crypto_crash_What_contagious_risks_could_Celsius_Three_Arrows_pose_Heres_what_to_watch%E2%80%9D\"><\/span>&#8220;Crypto: Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here\u2019s what to watch&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Celsius_has_paused_withdrawals_by_consumers_%E2%80%94_its_%E2%80%98Genslers_dream_one_market_participant_says\"><\/span>\n  Celsius has paused withdrawals by consumers \u2014 it\u2019s \u2018Gensler\u2019s dream,\u2019 one market participant says<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000958422\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000958422\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       The crypto market is in chaos.\u00a0\u00a0<\/p>\n<p> The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructuring attorneys to advise on possible solutions for its mounting financial problems, according to a Tuesday report by the Wall Street Journal.\u00a0<\/p>\n<div class=\"paywall\">\n       Meanwhile, rumors swirled over potential stress at the influential hedge fund Three Arrows Capital, following a vague <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/zhusu\/status\/1536876343815983104?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1536876343815983104%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fas-crypto-crash-deepens-here-are-4-signs-the-worst-could-be-yet-to-come-11655317548\" class=\"icon none\">tweet<\/a> late Tuesday from its founder Zhu Su, who wrote that \u201cwe are in the process of communicating with relevant parties and fully committed to working this out.\u201d<\/p>\n<p>On Wednesday,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theblock.co\/linked\/152092\/after-facing-hundreds-of-millions-of-dollars-in-liquidations-three-arrows-capitals-future-is-uncertain\" class=\"icon none\">the Block reported<\/a>\u00a0that Three Arrows is \u201cin the process of figuring out how to repay lenders and other counterparties after it was liquidated by top tier lending firms in the space.\u201d\u00a0<\/p>\n<p> As a major player and one of the most high-profile hedge funds in the crypto space, Three Arrows was estimated in March to be managing around <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-06-15\/crypto-hedge-fund-s-cryptic-tweet-fuels-speculation-over-losses?sref=OQBow3f2\" class=\"icon none\">$10 billion in assets<\/a>, according to Bloomberg, citing data from Nansen. The firm also held more than 6% of the Grayscale Bitcoin Trust<br \/>\n        GBTC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203330852\/delayed\" class=\"negative\">-2.09%<\/bg-quote><span>,<\/span><br \/>\n       the world\u2019s largest bitcoin fund, as of December 2020,\u00a0according to a regulatory filing. <\/p>\n<p><strong>Read: <\/strong>As crypto crash deepens, here are 4 signs the worst could be yet to come<\/p>\n<p>The unease has added to the pressure on bitcoin, the most popular cryptocurrency, which is trading almost 70% lower than its all-time high in November, though it saw a slight rebound Wednesday after the Fed said it would raise its benchmark interest rate in its largest rate hike since 1994. Bitcoin<br \/>\n        BTCUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/31322028\/realtime\" class=\"positive\">+2.71%<\/bg-quote><br \/>\n       was recently trading at around $22,487, up 1.2% over the past 24 hours.\u00a0<\/p>\n<p>And all this is h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening a month after the collapse of blockchain Terra, which shook some investors\u2019 confidence in the nascent crypto industry.\u00a0<\/p>\n<p>Some market participants are now worried about the contagious risks Celsius and Three Arrows Capital may pose to the whole crypto market, if, in a worst-case scenario, the firms were to become insolvent.\u00a0<\/p>\n<p>Su and representatives at Celsius did not reply to requests seeking comments.\u00a0<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<h6><span class=\"ez-toc-section\" id=\"Other_lending_platforms_tested_on_risk_management\"><\/span><strong>Other lending platforms\u00a0<\/strong>tested on risk management<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Investors are closely watching the situations of Celsius\u2019s peers, such as crypto lending platforms BlockFi and Nexo.\u00a0<\/p>\n<p>Such platforms allow investors to deposit their cryptocurrencies and earn extremely high yields. On Celsius, consumers could supposedly get up to 18.6% APR, according to its website, while most \u201chigh yield\u201d savings accounts in U.S. dollars <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bankrate.com\/banking\/savings\/rates\/\" class=\"icon none\">offer annual percentage yields<\/a> closer to 1% or less, according to Bankrate.\u00a0<\/p>\n<p>The crypto lending platforms have been \u201cin a battle to get the best deals possible for retail clients to onboard them fast,\u201d David Siemer, chief executive at Wave Financial, said in an interview. As the companies raced to provide higher yields for retail customers, \u201cthe only way to do that, unless you\u2019re just getting away from venture-capital money, was to continually take riskier and riskier bets,\u201d Siemer said.\u00a0\u00a0<\/p>\n<p>\u201cA lot of the people who have deployed to these types of institutional lenders could be now going and redeeming,\u201d Michael Safai, founding partner at Dexterity Capital, said in an interview.\u00a0<\/p>\n<p>Crypto lending firms will be tested on their risk-management ability, according to Bill Barhydt, chief executive at crypto financial-service platform Abra, a competitor of Celsius.<\/p>\n<p>\u201cUsually when you\u2019re holding withdrawals, it\u2019s because there\u2019s a duration mismatch as a lender,\u201d Barhydt said, referring to the potential causes of Celsius\u2019s situation. \u201cA duration mismatch between what\u2019s the average duration of your loan versus how long it takes to process a withdrawal for your customers. And if the two don\u2019t match, you\u2019ve got to stop withdrawals because you\u2019re gonna end up with a problem,\u201d he said.\u00a0<\/p>\n<p>After Celsius announced its account freeze Sunday, Zac Prince, chief executive of rival crypto lender BlockFi,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFiZac\/status\/1536174316550770688\" class=\"icon none\"> tweeted <\/a>to reassure customers that \u201call products and services @BlockFi continue to operate normally.\u201d <\/p>\n<p>But Monday, BlockFi said it would slash about 20% of its workforce, as the fast-changing macroeconomic environment weighs on the company\u2019s growth rate.<\/p>\n<p>In response to the market\u2019s attention, BlockFi\u2019s institutional business department <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFi_Insti\/status\/1537137211686236163\" class=\"icon none\">tweeted Wednesday<\/a> that \u201cWe can confirm that we maintain a rigorous, prudent and proactive approach to risk management across our business. This includes managing risks that may be posed by any individual client.\u201d\u00a0<\/p>\n<p>\u201cOur client experience is unchanged and client funds are safeguarded,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BlockFi_Insti\/status\/1537137212936036354\" class=\"icon none\">it added<\/a>.<\/p>\n<p>Another crypto lender, Nexo, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Nexo\/status\/1536957253634375680?s=20&amp;t=FP8TwMlTKZynL_M89D2J9Q\" class=\"icon none\">tweeted<\/a> Wednesday that it \u201chas $0 exposure to Three Arrows Capital. Nexo has always differentiated itself from others as being a very conservative lender with stringent risk management and strict over-collateralization requirements, regardless of borrowers\u2019 reputation.\u201d\u00a0<\/p>\n<h6><span class=\"ez-toc-section\" id=\"%E2%80%98Systemic_exposure_driving_the_market\"><\/span>\u2018Systemic exposure\u2019 driving the market<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>If investors are redeeming funds with the crypto lenders, \u201cthen the lenders will have to call back loans to the people they lent the funds to,\u201d Dexterity\u2019s Safai said. \u201cLonger term, this means less volume on exchanges, because there\u2019s going to be less credit, there\u2019s going to be less assets to trade. And that\u2019s just <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly bad <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>.\u201d\u00a0<\/p>\n<p>Some retail exchanges that offer high-yield products could be especially at risk, if they have lent their funds to firms such as Three Arrows, according to Siemer.<\/p>\n<p>Meanwhile, there could also be some crypto hedge funds \u201cthat are now entwined with all this because they lend their assets to Celsius or deposit of assets there,\u201d according to Siemer.\u00a0<\/p>\n<p>\u201cIt\u2019s systemic exposure, and that\u2019s what\u2019s driving the market right now. It just feels like that no one knows who\u2019s a counterparty anymore. So everybody\u2019s taking assets back,\u201d Siemer said.\u00a0<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Bitcoin_ether_selloffs\"><\/span><strong>Bitcoin, ether selloffs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>The panic has also weighed on the price of bitcoin and ether, according to Safai. \u201cWe\u2019ve already seen a significant outflow of bitcoin and ether, because they\u2019re the most liquid. And when people are trying to flee their position, they want to get into the most liquid market so they can get the best prices,\u201d Safai said.\u00a0<\/p>\n<p>Bitcoin and ether<br \/>\n        ETHUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/108573964\/realtime\" class=\"positive\">+2.20%<\/bg-quote><br \/>\n       on Wednesday underperformed several coins with smaller market capitalization, such as XRP<br \/>\n        XRPUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/108573966\/realtime\" class=\"positive\">+2.92%<\/bg-quote><span>,<\/span><br \/>\n       Solana<br \/>\n        SOLUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/229898318\/realtime\" class=\"positive\">+7.60%<\/bg-quote><br \/>\n       and Polkadot<br \/>\n        DOTUSD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/226258900\/realtime\" class=\"positive\">+3.42%<\/bg-quote><span>.<\/span><br \/>\n      \u00a0<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Institutional_interests\"><\/span><strong>Institutional interests\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Terra\u2019s collapse and recent speculation around Celsius and Three Arrows could hit institutional investors\u2019 confidence in the crypto space, according to Wave Financial\u2019s Siemer. \u201cI definitely think it pushes everything back at least a year,\u201d he said. <\/p>\n<p>David D. Tawil, president and co-founder of ProChain Capital, holds a different opinion. The crypto crash might attract distress investors from the traditional finance industry, he said. <\/p>\n<p>For an institutional investor, \u201ccrypto is going through this terrible time, assuming it\u2019s much more of a technical selloff that\u2019s going on, I could go ahead and invest at good prices,\u201d Tawil said. \u00a0<\/p>\n<p><strong>Also read:<\/strong> Bitcoin bull Michael Saylor says recent downturn is \u2018absolutely\u2019 a buying opportunity<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Looming_regulation\"><\/span>Looming regulation <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Some crypto industry participants are expecting tighter regulations. <\/p>\n<p>Lawmakers and regulators \u201calready had their heads spinning about crypto generally,\u201d Tawil said. \u201cWhat should they do about the depositors at Celsius? Should they erroneously take comfort the same way they deposit money at banks? Or what kind of disclosures should there be for those firms?\u201d Tawil said. <\/p>\n<p><strong>More:<\/strong> SEC chief Gensler says crypto crash has \u2018highlighted\u2019 need for regulation<\/p>\n<p>According to Celsius\u2019s website, it has 1.7 million customers. Though there\u2019s no further evidence backing such a number, with the platform pausing withdrawals for customers, that is \u201c[Gary] Gensler\u2019s\u201d dream, according to Siemer. Now the chairman of the U.S. Securities and Exchange Commission \u201chas this perfect case study of a million retail investors getting ripped off by this black-box, quasi institution that wasn\u2019t tightly regulated and acted as a bank,\u201d Siemer said. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Frances Yue\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/topics\/journalists\/frances-yue\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"twitter\",\"url\":\"https:\/\/twitter.com\/FrancesYue_\",\"text\":\"@FrancesYue_\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"http:\/\/www.marketwatch.com\/news\/mailto:frances.yue@marketwatch.com\",\"text\":\"frances.yue@marketwatch.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Frances_Yue\"><\/span>Frances Yue<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><ufc-follow-author-widget product=\"marketwatch\" author-id=\"256_MW\" author-name=\"Frances Yue\" signin-url=\"https:\/\/accounts.marketwatch.com\/login?target=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fcrypto-crash-what-contagious-risks-could-celsius-three-arrows-pose-heres-what-to-watch-11655343802%3Frss%3D1%26siteid%3Drss\" panda-api=\"https:\/\/follow-api.marketwatch.com\"><\/ufc-follow-author-widget><\/p><\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-7E9F-D60349DD7DC1%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Crypto: Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here\u2019s what to watch&#8221; Celsius has paused withdrawals by consumers \u2014 it\u2019s \u2018Gensler\u2019s dream,\u2019 one market participant says The crypto market is in chaos.\u00a0\u00a0 The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":463574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.mktw.net\/im-565291\/social","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-463573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/463573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=463573"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/463573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/463574"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=463573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=463573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=463573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}