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Goldman Sachs Leading to Raise $2 Billion to Buy Celsius Network's Assets
Daily Market Wrap
Crypto market cap: 0.94 trillion, down 1.21%
BTC price stands at USD 21,078, down 1.39%
ETH price stands at USD 1,213, down 1.58%
Top gainer: Dogecoin (DOGE), up 10.43%
Top loser: THORChain (RUNE), down 8.72%
News of the Day

Goldman Sachs is raising $2 billion to buy Celsius Network’s distressed assets.
Why it matters:
Goldman Sachs is seeking to raise $2 billion from investors to acquire distressed assets from troubled crypto lender Celsius Network
The proposed deal would allow investors to buy up Celsius’ assets at potentially big discounts in the event of a bankruptcy filing
Celsius Network has hired restructuring consultants from advisory firm Alvarez & Marsal to advise on a possible bankruptcy filing, the Wall Street Journal reported
Crypto Daily Spotlight

Solana Labs plans to launch Web3-focused smartphone saga for crypto traders.
Brief introduction: Solana is a decentralised blockchain built to enable scalable, user-friendly apps in DeFi, NFT, and Web 3.0. Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
Why it matters:
Solana Labs announced the launch of the Solana Mobile Stack (SMS) software ecosystem for Android and an upcoming Android smartphone called Saga
The phone will have a 6.67-inch 120Hz OLED display, 512GB of storage, and 12GB of RAM, powered by Qualcomm’s latest Snapdragon 8 Plus Gen 1 chip
SMS will consist of a number of products, including a seed vault, a custody solution, a mobile wallet adapter, Solana Pay for Android, and its decentralised application (dApp) store
Daily Sector Tracker

Daily News Roundup
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Yuga Labs is Suing the Group Claiming BAYC Founders are “Super-secret Nazis” https://bit.ly/3OCUBeY
Waves Founder Holding More Than $530 Million to Avoid USDN De-Peg https://bit.ly/3bhrdMU
Voyager Digital Intends to Pursue Three Arrows Capital for $650 Million Loan https://bit.ly/3AcbSrg
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For more information, please visit https://www.aspendigital.co/
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