Crypto Update 6/14/22 | Celsius Halts Bitcoin Withdrawals: What Went Wrong?

With bitcoin heading towards its longest daily losing streak since 2016, taking the broader crypto market down with it, plus a look at exchanges pausing withdrawals, CoinDesk's "Markets Daily" is back with the latest news roundup.

This episode is sponsored by Kava and BCB Group.

Today's Stories:

Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support Levels

Bitcoin tumbles after crypto lender Celsius blocks all redemptions | Financial Times

Featured Story: Celsius Halts Bitcoin Withdrawals: What Went Wrong?

This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey

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Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.