Custody account holders with the now-bankrupt crypto lender Celsius will be able to get back 72.5% of their holdings, as long as they agree to a settlement plan.
The settlement plan has now been approved by Judge Martin Glenn in the US Bankruptcy Court for the Southern District of New York, and was shared with the public in a court filing on Tuesday this week….
Read More: Bankruptcy Judge: Celsius Account Holders Can Retrieve 72.5% of Crypto Holdings, Permitted They Opt-In to Settlement Plan

The Federal Reserve was facing a tough decision as it weighed the stability of the banking system against economic stability in its interest-rate decision–but decided to hike rates by 25 basis points Wednesday in an effort to continue to curb inflation and give its vote of confidence in the stability of the financial system….
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Ethereum (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain and the second most valuable cryptocurrency in the world by market capitalization, is in consolidation mode ahead of what has been touted as one of the most important Fed policy announcements in years.
Ether was last changing hands just above $1,800, having seen a decent bounce from earlier weekly lows in the $1,720s on Tuesday. …
Read More: Ethereum Price Prediction as ETH Rallies 6% in 7 Days – How High Can ETH Go in 2023?