TL;DR Celestia (TIA) is set to unlock $923.41 million worth of tokens, leading to a wave of token unlocks totaling over $1.543 billion across 21 tokens. The unlock includes 180 million Celestia tokens, sparking concerns about potential market volatility and price fluctuations.

Several activities are in the lineup for top crypto news this week, positioning concerned tokens for volatility. Among the top stories are the highly anticipated, including Binance Blockchain W eek, the debut of Avalanche ecosystem's ARENA token, and the upcoming Frax announcement.

A considerable amount of token unlocks is scheduled between October 28 and November 4, with Celestia (TIA) leading the pack. According to data from Tokenomist, the combined value of scheduled unlocks exceeds $1.543 billion.

Over $1.5 billion in crypto tokens is set to flood the market this week, led by major unlocks for TIA, SUI, MEME OP IMX ZETA TRIBL DYDX GAL ADA AGI, etc. which will see huge amounts added to their circulation.

Celestia's $1.06 billion TIA unlock may redefine its price trend, with sentiment indicators split.

Celestia is set to host a series of modular-focused events in Bangkok during Devcon, featuring workshops, talks, and community activities for blockchain developers.

Celestia announces the Ginger upgrade, boosting data throughput and reducing block times. Key changes include BBR adoption and new CIPs, enhancing network performance.

Celestia, a modular data network, has announced its upcoming Ginger upgrade, a key network enhancement that will improve transaction speed and finality times. The Ginger upgrade, set to go live in November 2024, will reduce block times from 12 seconds to 6 seconds.

Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.

Celestia, the modular data network, has risen for three consecutive days after developers provided an update about an upcoming upgrade. Celestia (TIA) token rose to $6.28, up 60% from its lowest level this year, bringing its market cap to $1.

Celestia's breakout is drawing attention as it approaches a critical resistance at $6.9.

Bitcoin price tanked as altcoins posted modest gains.

Celestia's (TIA) price remains uncertain as both trend indicators and key levels fail to provide a clear direction. The ADX and Ichimoku Cloud show weak momentum, indicating a lack of decisive strength from either bulls or bears.

Celestia Labs reveals its Mammoth Mini testnet, achieving 27MB/s throughput with 88 MB blocks, marking significant progress towards 1GB blocks.

Celestia (TIA) exhibited a bullish stance on Monday, up 4% over the past day as Bitcoin flirts with the $70,000 mark, currently changing hands at $69,020. Meanwhile, ecosystem developments show TIA could fail to capitalize on the much-awaited “Uptober” rally. The crypto project will unlock 80.23% of Celestia's circulating supply (valued at approximately $1.

In 10 days, modular blockchain project Celestia (TIA) will release 80.77% of its circulating supply, valued at $1.05 billion. This impending token release has sparked concerns about potential selling pressure, which could affect TIA's price.

Celestia shows signs of breaking its consolidation, but overbought signals could spark volatility.

Celestia (TIA) has recently faced significant headwinds in the cryptocurrency market, registering a decline of approximately 7.5% in just 24 hours. This drop has erased a portion of the gains the altcoin had previously enjoyed, largely driven by heightened selling pressure.

Bitcoin (BTC) briefly climbed to $68,261 as the crypto market remained posted further gains as optimism grows around riskier assets such as cryptocurrencies. BTC bulls are confident the world's largest cryptocurrency will reach a new all-time high, with the US election outcome also set to play a vital role after both candidates spoke in support of crypto.

Celestia could face potential selling pressure by the end of October due to its major token unlock event, Illia Otychenko, Lead Analyst at CEX.IO, told crypto.news. On Oct. 30, 175 million Celestia (TIA) tokens, accounting for 16.

Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market's recovery in the daily timeframe, suggesting a possible continuation of its bullish momentum before the month ends.

Celestia's (TIA) price has been experiencing macro consolidation since mid-June, with recent price action reflecting a complex situation. Despite the altcoin's 11.8% rise, trading at $5.39, Celestia is facing a challenge to break past the $6.00 mark.

Crypto prices for some coins rose sharply as the cryptocurrency market experienced notable gains on Friday, October 11. Bitcoin reclaimed $62k and most top altcoins traded higher, with notable surges for Ethena and Celestia.

Bitcoin's price has shown resilience by staying just above the $62,000 mark, despite uncertainty in the market. Minor fluctuations have kept the price within a predictable range, while traders and investors await a potential breakout. The key resistance level remains at $65,000, a psychological threshold that could signal new upward momentum if breached.

In times when large-cap and popular tokens like Bitcoin, Ethereum, XRP, or Cardano are consolidating, EigenLayer is displaying a huge possibility of triggering a huge bull run.

Celestia (TIA) has surged by 21% over the past four days, sparking interest in the sustainability of this upward trend. While the rise is promising, shifts in key indicators raise questions about its strength.

TIA's funding rates have been predominantly negative since early September showing strong bearish sentiment.

As October started, the cryptocurrency market faced a significant crash, increasing the bearish sentiment and attracting highly capitalized short-sellers. Some cryptocurrencies now risk suffering a short squeeze as imbalances appear in the market's open interest, dominated by short positions.

The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.

A closely followed crypto strategist is warning that one modular blockchain project may be on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 224,000 followers on the social media platform X that layer-1 Celestia (TIA) could plummet by more than 77% from its current value due to prolonged investor selling.

The cryptocurrency market has been showing signs of struggle lately, and Celestia (TIA) is no exception. Recent analyses indicate that TIA might continue its downward trajectory, potentially hitting a price of $4.55 in the coming days.

The modular blockchain network Celestia will conduct the large token unlock in October, with a massive $1 billion worth of TIA set to be released. Many of its holders have begun selling their tokens before this event.

According to RootData statistics, 97 publicly disclosed crypto VC investments occurred in September, representing a 12.6% decrease from August's 111 rounds.

The market isn't in favor of a TIA upswing. Here's a look at the technical aspects.

October marks significant token unlock events for several major projects.

SUI is not suffering from today's unlock, but TIA is for the end-of-month unlock.

TL;DR By October 2024, $1.3 billion worth of tokens will be unlocked on the market. Notable projects include Celestia, Sui and Aptos, with major releases scheduled. Investors should be on the lookout for potential impacts on cryptocurrency prices due to these unlocks.

The largest token unlock of the month belongs to Celestia, which will unlock 175.56 million TIA tokens on October 30.

The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility. The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.

While Celestia's monster $1 billion unlock dominates the rest of the field, several projects have large unlocks scheduled for the month of October.

The crypto venture capital scene is busy; Binance founder and former CEO Changpeng Zhao completes a four-month sentence; and SEC chair Gary Gensler addresses Bitcoin in a TV appearance.

The biggest raise this week came from Celestia. It announced a $100 million round led by Bain Capital Crypto, with participation from 1kx, Syncracy Capital, Placeholder and Robot Ventures.

In this week's venture capital update, more than $253 million flowed into the crypto startup world, although the bulk of that funding went to the blockchain network Celestia Foundation. Crypto.

Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.

TL;DR Celestia (TIA) will unlock $1.1 billion worth of tokens on October 31, making it one of the most significant launches of the month. Cheelee will also be performing a significant $300 million unlock on October 10, although it is facing market stability issues following recent price fluctuations.

The release of Celestia's $1.1B tokens is just one part of the massive token unlock wave coming in October.

The looming token unlock will raise concerns about prices?