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. The ad-tier effort is still in the"very early days," with"much to work through," according to Netflix, but investors are eager for any signs that the company is working to counter a subscriber exodus. Netflix said earlier this year that it expects to lose 2 million subscribers during the second quarter. The company is slated to report quarterly results Tuesday.Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets.
A crypto lending company called Celsius is pausing withdrawals for its customers, sparking fears of contagion into the broader market.this week. A month ago, the firm froze customer accounts over"extreme market conditions" as various cryptocurrencies, including bitcoin, were in the midst of a dramatic selloff. Celsius' move follows Voyager's Chapter 11 bankruptcy filing last week after its exposure to Three Arrows Capital generated big losses.
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