The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI).
With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.
The crypto markets have become hopeful as the trade entered the second fortnight of the month, squashing the bearish possibilities. With this, the altcoin market cap, excluding BTC & ETH, made a giant move above $600 billion, breaking a crucial barrier.
Celestia (TIA) price has experienced a notable increase in value recently. Currently, the price is stable, maintaining its position above established support levels.
Cryptocurrency markets are known for their volatility, and recent predictions from noted analyst Altcoin Sherpa add another layer of uncertainty. Sherpa's latest forecast for Celestia (TIA), a modular blockchain network, suggests that the token might soon dip below $1.
A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.
Celestia experiences strong price growth and market cap rise, but negative funding rates signal caution in the derivatives market. Will the upward momentum continue?
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
This week remains vital for the financial industry, with markets expecting tomorrow's first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this cycle.
No sooner than the Bitcoin price displays some bullish possibility, the altcoins have begun to thrive to some extent. The Fantom (FTM) price displays immense strength with over 10% gains, while the Celestia (TIA) price follows suit.
As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.
Celestia (TIA) is making big moves, ranking as one of the top gainers in the last 24 hours.
Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.
Celestia offers scalable, privacy-focused apps on Fhenix's network by making data available. Fhenix's integration with Celestia improves both privacy and processing efficiency.
Celestia (TIA) aims to increase its influence by offering light nodes through its block explorer. In the future, light nodes will be integrated with every wallet to secure the network in the most decentralized way possible.
Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability.
TIA is seeing an increase in price. However, notable analyst suggests further surge could occur if the asset breaks above a certain level.
Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.
Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.
Celestia price continued its sell-off this week and is hovering at its lowest point since November 2023, ahead of a major token unlock. Celestia (TIA) dropped to $4.15 on Sept.
The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing considerable ground and dragging the combined crypto market cap below $2 trillion.
Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications.
Celestia has just unveiled the details of its roadmap, hinting at the arrival of possible 1-gigabyte blocks.
Celestia's recent announcement to scale its blockchain network block size to 1 gigabyte (GB) has injected fresh optimism into the market for its native token, Celestia (TIA). The ambitious plan, revealed in a detailed roadmap, aims to significantly boost data throughput and expand the functionalities of Celestia's rollup ecosystem.
Celestia recently revealed plans to boost its block size to up to 1 gigabyte, as part of its efforts to improve data transfer efficiency.
The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.
Major cryptocurrencies plummeted after major US stock indexes closed significantly lower on Tuesday. The plunge was led by Nvidia (NVDA) and other chipmaker stocks, as September began on a weaker-than-expected note after a strong finish to August.
Celestia (TIA) has emerged as a noteworthy contender, attracting significant interest from investors and analysts alike. With its innovative modular blockchain architecture, Celestia promises to offer scalable solutions that could influence the broader crypto ecosystem.
With the crypto market eyeing to end August on a sour note, the altcoin sector saw more pain in the short term after the broader market dipped in the past 24 hours. This led to altcoins like TIA facing significant losses on all timeframes.
Celestia (TIA) is making waves in the blockchain world as a Layer-1 blockchain focused on overcoming scalability and flexibility challenges that plague the industry. By decoupling the consensus mechanism, Celestia allows developers to build highly customizable blockchains tailored to specific use cases.
Celestia is a Layer-1 blockchain with a main focus on scalability and flexibility challenges seen in different blockchains in the industry. By separating the consensus mechanism, Celestia helps the developers build highly customizable blockchains tailored to specific use cases.
Bitcoin (BTC) failed to stay above $64,000 as slight losses pushed the price below $63,000. Other major cryptocurrencies, including Solana (SOL), Ethereum (ETH), and Ripple (XRP), also registered marginal losses despite witnessing an increase over the weekend.
With the broader crypto market down by 3% in the past 24 hours, Celestia has been washed away by the bearish tide. According to CoinGecko, TIA, Celestia's native toke, is down over 18% since last week, putting more pressure on the exhausted bulls as the bears eye more downward breakthroughs.
Growing selling pressure forced BTC back below $60,000, with the cryptocurrency currently trading around the $59,500 mark.
The integration enhances user access to secure, efficient staking, bolstering participation in the blockchain ecosystem and expanding market reach. The post P2P.org integrates with Leap Wallet, enables users to stake DYDX and TIA appeared first on Crypto Briefing.
It was a sea of red in the cryptocurrency market on Aug. 16 as Bitcoin dropped below the key support level of $58,000. Most altcoins were deep in the red, remaining in a bear market.
Bitcoin (BTC) fell below the $60,000 price level once again as bearish pressure pushed the price below $59,000. This indicates that bears are very active at higher levels, leading to buyers losing momentum.
Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U.S. stocks continued rising on Wednesday, Aug. 14 after the release of July's inflation report.
With a positive trend in Bitcoin and altcoins this week, the demand in the crypto market is evidently increasing. As the top gainers are making noise, here are some altcoins ready for a breakout rally this week. Will these coins surge 100% as the broader market recovers with their breakout runs? Let's find out.
The crypto market today shows a slight recovery with the TOTAL market cap of $2.14T and Bitcoin reclaiming the $61,000 mark, Ethereum (ETH) still struggling, XRP getting stronger and Solana (SOL) preparing for a surge in the short-term.
Celestia gains ground against the bears after the platform gave new info about the upcoming network upgrade named Lemongrass. According to CoinGecko, TIA has been up more than 13% since last week, successfully getting the token into the spotlight.
Celestia (TIA) has attracted broader market attention as one of the best-performing altcoins over the past seven days, with its price rising by 14.5% to $5.57.
Despite increased selling pressure within the crypto market, mid-cap altcoins have displayed a bullish price action, highlighting a rising interest of investors in these altcoins to maximize their profits during the ongoing market turmoil.
Celestia price was down 2% on Friday as the crypto market slowed down from its mid-week recovery. Selling pressure spread to the altcoin market as Bitcoin reverted to $60000, seeking suitable support.
TL;DR Celestia will launch its first major upgrade, Lemongrass, in several phases starting in August with Arabica Devnet, followed by Mocha Testnet and Mainnet Beta. Lemongrass includes improvements such as enforcing a minimum gas price and enhancements in data transfer between chains.
With the rising volatility in the cryptocurrency market, top tokens have recorded increased price action. However, with the recent market surge, the altcoin leader, Ethereum price has successfully reclaimed the $2.6K mark. This highlights a high possibility of a bullish rebound soon.
The Celestia (TIA) futures market has seen an upswing in demand for short positions in the past few days, as evidenced by the negative funding rate across cryptocurrency exchanges.