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| Celsius Network 
| #CEL
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| CEL Price: | $0.11 | | Volume: | $471.6 K | | All Time High: | $8.10 | | Market Cap: | $4.0 M |
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| Circulating Supply: | 35,412,244 |
| Exchanges: | 10
| | Total Supply: | 35,719,125 |
| Markets: | 14
| | Max Supply: | 695,658,161 |
| Pairs: | 32
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The price of #CEL today is $0.11 USD.
The lowest CEL price for this period was $0, the highest was $0.113, and the exact current price of one CEL crypto coin is $0.11272.
The all-time high CEL coin price was $8.10.
Use our custom price calculator to see the hypothetical price of CEL with market cap of BTC or other crypto coins. |
The code for Celsius Network crypto currency is #CEL.
Celsius Network is 6.8 years old. |
The current market capitalization for Celsius Network is $3,991,679.
Celsius Network is ranked #642, by market cap (and other factors). |
The trading volume is medium during the past 24 hours for #CEL.
Today's 24-hour trading volume across all exchanges for Celsius Network is $471,601. |
| The circulating supply of CEL is 35,412,244 coins, which is 5% of the maximum coin supply. |
Bar Date FAQ
Why did the bar date reopen?, The Court issued an Opinion on March 9, 2023, stating that account holders only have claims against Celsius Network, LLC. under the Terms of Use, which resulted in an amendment to the Schedules. As a result, the bar date was reopened, and customers now have until April 28, 2023, at 5 pm ET to file a Proof of Claim. 2. Why were the Schedules amended? The Schedules were amended to reflect that only Celsius Network LLC is liable for contract claims under Celsius’ Terms of Use pursuant to the Court’s Opinion, which may be found on Stretto at Docket No. 2205. 3. Is my previous claim still valid? Yes, if you previously filed a Proof of Claim, it is still valid. You do not need to refile or amend your previous claim at this time. 4. Can I still file a non-contract claim against other Celsius entities? Yes, non-contract claims can be filed against Celsius Network Ltd. or other entities until April 28, 2023. 5. What do I need to do? If you have previously filed a Proof of Claim and agree with the amended schedules, no further action is required. If you disagree with the amended schedules or if you have not previously filed a Proof of Claim and wish to do, you have until 5 p.m. ET on April 28, 2023. You can find the claim form on Stretto. 6. Where can I find more information? You may view the Memorandum Opinion on Stretto at Docket No. 2205.
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Settlement FAQ
1. What is the Settlement? After months of litigation, Celsius has reached an agreement with the Custody Ad Hoc Group and the UCC on a Settlement that returns most digital assets in the Custody Program to account holders who opt in to the Settlement. Custody users who elect to opt in to the Settlement will receive a total of 72.5% of their Custody Program digital assets back over time in exchange for (i) electing not to pursue any Custody-related claims or causes of action prohibited by the Settlement and (ii) voting in favor of the Plan. 2. How can I opt in? If you are eligible to opt in to the Settlement, you will receive an email from Stretto. In this communication, you will receive a unique PIN that can be used on the Stretto Settlement page linked in your email. You can also go to the Stretto page to enter your Custody-related email address to receive the Stretto email with the unique PIN and further instructions. 3. Where do I submit my election on Stretto? You can submit an election opt in form using the link included in the opt in notice from Stretto. You can also enter your Custody-related email address to receive the Stretto email with your unique PIN and further instructions here. 4. What happens if I don’t opt in? Your assets will remain on the Celsius platform. You will have the opportunity to agree to the Settlement again in connection with the chapter 11 plan. 5. When will I get my assets? Settling Custo... 
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Celsius Claims Objections FAQ
In an effort to ensure equitable voting and distributions under its forthcoming plan of reorganization, Celsius has filed, and will continue to file, claims objections (individually, an “Objection,” collectively the “Objections”) over the next several weeks. We are sharing the information below to provide customers with answers to frequently asked questions related to Objections. — Celsius Claims Objections Frequently Asked Questions - 1. Why is there an Objection to my Proof(s) of Claim? If you filed Proof(s) of Claim (each, a “Proof of Claim”) and received a notice of Objection from Celsius (the “Notice”), it is generally for one or more of the following reasons (there may be other reasons for Celsius to object to claims and the specific reason(s) Celsius objected to your Proof of Claim will be set forth in the Objection): A. You filed a claim that was amended by a subsequently filed Proof of Claim., B. You filed duplicate claims for the same liabilities., C. You filed a claim which is not reflected in Celsius’ books and records and for which Celsius is not liable., D. You filed a claim that does not match Celsius’ books and records because it asserts amounts greater or less than the amounts in Celsius’ books and records., E. You filed a claim that does not comply with the requirements of the Bar Date Order — for example, by asserting a claim for cryptocurrency that does not detail the ty...
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Custody Account Withdrawal FAQ
Celsius will begin to notify Eligible Users of necessary steps to facilitate withdrawals for distributable assets in certain Custody Accounts. You can find helpful information about the withdrawal process below. — GENERAL - 1. What withdrawals did the Court authorize Celsius to reopen? The Court has authorized Celsius to reopen withdrawals for certain customers with assets held in Custody Accounts. At this time, Celsius is authorized to return assets that fall into two categories, subject to certain eligibility requirements as explained in question 2: “Pure” Custody Account Assets: These are assets that were never in the Earn Program or Borrow Program and were transferred directly into the Custody Program. There is no cap on the amount of Pure Custody digital assets that are eligible for withdrawal., “Transferred” Custody Assets: These are assets that were transferred from the Earn or Borrow Program into the Custody Program in the 90 days before Celsius filed for chapter 11 protection on July 13, 2022. Celsius is authorized to allow withdrawals for customers with aggregate transferred custody assets below $7,575 (an amount defined by section 547 of the Bankruptcy Code). Customers with aggregate transferred assets greater than $7,575 may not withdraw at this time., 2. Which Custody account holders cannot withdraw Custody account assets? Current and former Celsius employees, including “insiders,” are not ...
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Community Update — November 15th Hearing
Community Update — November 15th Hearing - Dear Customer – This week, the court approved our motion to set the bar date, which is the deadline for all customers to file a proof of claim. The bar date has been set for January 3, 2023. Customers should expect to receive a notice regarding the bar date from our claims agent, Stretto, via email, physical mail for those customers with an address on file, as well as through a notification in the Celsius app. The notice will also include instructions on how to file a proof of claim. As a reminder, customers who agree with Celsius’ scheduling of their claims as filed in the Schedules of Assets and Liabilities do not need to submit a proof of claim and no further action is required of them at this time with respect to such claim. Additional information about our proofs of claim process can be found on the Stretto website. You may also recall that we created this video to help explain the claims process. Additionally, we continue to closely monitor the environment across our industry. We want to take this opportunity to assure you that data and asset security remain a top priority for all at Celsius. Our next hearing is scheduled for December 5th, where we plan to advance discussions around Custody and Withhold accounts, among other matters. Thank you. Celsiu
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Claims Process FAQ
We expect to soon begin the claims process. An overview of this phase of our restructuring process is available in this video. 1. What are the Schedules of Assets and Liabilities? As part of our Chapter 11 proceedings, Celsius files documents with the Court listing, among other things, all customer account balances as of July 13, 2022, when the restructuring process began as well as customer transactions in the 90 days preceding the Chapter 11 filing. Customers can access the Schedules on the Stretto website at cases.stretto.com. 2. Why is the amount listed in the Schedules different from my account balance in the app? There are several possible reasons why the amount listed on the Schedules may be different from the account balance displayed in the app, including post-filing deposits, pending transactions, and reward-related changes. Note regarding a potential discrepancy between Celsius’ filed Schedules of Assets and Liabilities and customer reward balances: Certain Celsius account holders may have been eligible for additional rewards for the period of July 8, 2002 to July 13, 2022, which are reflected in the Schedules but not currently reflected in the Celsius app. Affected accounts are currently being updated and the app will soon display the revised balance. 3. Do I have to file a claim? If you agree with Celsius’ records as filed, you do not need to complete and submit a proof of claim form; no further action is re...
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Community Update — September 14th Hearing
Community Update — September 14th Hearing - Following our productive hearing today, we wanted to share some important updates about what customers can expect in the coming weeks. Since our last hearing, Celsius has been constructively engaging with the Unsecured Creditors Committee and U.S. Trustee to make meaningful progress on our efforts to maximize value for all customers and ensure continued transparency in our case. Looking ahead, we expect to soon begin the Claims process. At this time, the proof of claim form is not yet available and the “Claims Bar Date,” which is the deadline to file a claim, has not yet been set. In the next few days, we will be emailing you detailed instructions on how to participate. Our objective is to make the entire process simple and straightforward for all customers. For more details on this upcoming phase of the restructuring process, please watch this video. Our next Court appearances are scheduled for October 6 and October 7, 2022. The first of these hearings will focus on several matters, including approval for certain key elements of the Claims process. At the October 7th hearing, we hope to advance discussions regarding the reopening of withdrawals for certain of our Custody and Withhold account holders with the other stakeholders. Celsiu
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Community Update — Third Day Hearing
Community Update — Third Day Hearing - As we move forward through our restructuring, we participated in our third day hearing earlier today. We appreciated the opportunity to hear from many of the key stakeholders in our Chapter 11 process and engage in dialogue on several timely and important matters. We continue to focus on maximizing value for all stakeholders, and we today took what we hope to be a positive first step towards meeting the expectations of our community. Among the many important matters discussed was a motion that we filed with the Court requesting that customers with certain Custody and Withhold accounts should be granted the ability to withdraw the amount of digital assets owed to them in those accounts. At this time, the motion is focused on assets currently owed in Custody and Withhold accounts that were never in the Earn or Borrow Program, as well as Custody and Withhold accounts where transfers from the Earn and Borrow Programs were, in the aggregate, less than USD $7,575 (a specific legal threshold), for users that do not have outstanding loans. We are approaching recovery in stages and this step is just the first among many. Our collaboration and productive dialogue with the Unsecured Creditors Committee (UCC) and the various ad hoc committees representing Custody and Withhold account holders, and others, will continue in a dynamic manner. This motion is currently scheduled to be heard by th...
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Community Update — Second Day Hearing
Today, alongside the Unsecured Creditors Committee (UCC), which is made up primarily of our customers, the U.S. Trustee, and a number of other important parties, we participated in the Second Day Hearing in our case, where we continued the dialogue around Celsius’ efforts to maximize value for our community. A lot of ground was covered, including: • Our productive, transparent, and ongoing engagement with the UCC • Work by all parties to advance thinking on key legal issues in this complex proceeding • Our intention to see our customers capture any and all value associated with the recent rise of crypto We are encouraged that the community has a voice in this process. We aimed to address some of the key community concerns that are being shared as part of our case. We are working expeditiously on the path forward. We have a meeting with the UCC next week to discuss optionality for customer recovery, and our next hearing is expected to take place on September 1, 2022. The full presentation from today’s hearing can be found here.
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Latest Community FAQ
1. What did Celsius announce on July 13th? Celsius initiated a financial restructuring process to provide the company with the best opportunity to stabilize the business and consummate a comprehensive restructuring transaction that maximizes value for all stakeholders. To implement the restructuring, Celsius and certain of its affiliates filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. 2. What is Chapter 11? Why did the company file for Chapter 11? Chapter 11 is a process in the U.S. through which a company can restructure its financial obligations. Celsius initiated a financial restructuring to stabilize the business and maximize value for all stakeholders. Acting in the best interest of our stakeholders, including our entire customer community, is our top priority. 3. What does the future hold? Our intention is for this process to maximize value for all stakeholders. It also is our goal to position Celsius to emerge as a stronger company. This process will give us the best opportunity to consummate a comprehensive restructuring transaction that maximizes value for all stakeholders. 4. When will customers be able to withdraw assets? On June 12, 2022, we made the difficult but necessary decision to pause withdrawals, Swap, and transfers on our platform to stabilize our business and protect our customers. ...
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