Celestia (TIA) is an innovative Layer-1 blockchain network that aims to solve key scalability and flexibility challenges faced by traditional blockchain systems. By separating its consensus mechanism from the data availability layer, Celestia enables developers to build highly customizable blockchains tailored to specific use cases.
The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.
Story Highlights Nervos Network price prediction estimates a high of $0.15 by the end of the year 2025. The live price of the CKB token is With a potential surge, the Akash Network's price may record a high of $0.4005 during the year 2030. The ongoing volatility in the crypto market has disrupted the market.
South Korea's Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren't considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can't be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong. The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea's Supreme Court Rules appeared first on Cryptonews.
The verdict sets a key precedent that could influence future legal classifications of virtual assets in South Korea.
South Korea's Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products.
Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
Celestia (TIA) is an emerging blockchain project that aims to revolutionize the industry with its innovative modular architecture. Unlike traditional blockchains, which are monolithic, Celestia uses a modular approach to offer enhanced scalability and flexibility.
TIA jumps 10% to $3.43, but analysts predict a potential crash to $1.50 if key support levels fail.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
The crypto market just witnessed one of its worst crashes ever, with over $2.24 billion wiped out in liquidations within a single day, even surpassing LUNA and FTX collapses. Bitcoin plunged to $94,000, dragging the entire market into chaos, and leaving leveraged traders in ruins.
Crypto traders betting on higher prices just got wrecked. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 20% in 24 hours.
The Terra Luna community has taken a decisive step to strengthen its ecosystem. In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
The crypto market started the week on a bearish note, with Bitcoin slipping below $98,000 during today's intraday low. This downward pressure has extended to altcoins, many of which are experiencing significant corrections.
Celestia (TIA), a modular blockchain project, has recently caught the attention of seasoned crypto trader, The Flow Horse, who believes the asset might be poised for a significant breakout. Known for making accurate market calls, The Flow Horse shared his thoughts in a recent Telegram channel update, indicating that TIA could be gearing up for an upward trend after forming a bottom structure over the past six months.
Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.
Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
Bitcoin has extended gains above $100k, hitting highs of $105k as the market flips green amid anticipation ahead of Donald Trump's inauguration. XRP remained bullish and Ethereum, Solana and BNB traded above key levels. Meanwhile, EOS price has surged amid positive developments; Flare is up 20% and an analyst is bullish on Celestia.
Virtuals Protocol token bounced back on Tuesday, Jan. 14, a day after forming a doji candlestick pattern as its ecosystem tokens rebounded. Virtuals Protocol (VIRTUAL) rose to $2.
With blob sizes skyrocketing to 11.4 GB and transactions up 60%, Celestia's role as a data availability layer gains momentum.
Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New York District Judge Paul Engelmayer on Wednesday set the schedule of the trial, which will begin on January 26th, 2026 and is anticipated to last from one to two months.
Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.
Celestia (TIA) has struggled to regain its footing following a failed breakout above $5.50 last week. The altcoin's price fell by 18%, and although it has since attempted a recovery, broader market conditions remain unsupportive.
Today's edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan's new music video, Bitcoin's price slump, Bhutan's crypto reserve, and other trending news items.
Terra founder Do Kwon's criminal trial has been set. Here's what you need to know about the $40 billion collapse of TerraUSD and LUNA.
Celestia (TIA), a cryptocurrency that has been experiencing a steady decline in recent weeks, has taken a sharp downturn, falling 15% in just the last 24 hours. The drop adds to an ongoing trend, with the digital asset now down nearly 40% over the past month.
Former Terraform Labs co-founder Do Kwon's criminal trial for alleged fraud has been scheduled for January 2026 due to the need to process six terabytes of evidence and unlock multiple encrypted devices containing potential evidence in multiple languages.
US prosecutors have laid out their plans for discovery in the ongoing criminal case against Terraform Labs co-founder Do Kwon.
Do Kwon trial, related to the $40 billion TerraUSD collapse, is scheduled for January 26, 2026, in New York, with a trial duration of 4-8 weeks.
Celestia's (TIA) price has fallen sharply, dropping more than 15% in the last 24 hours and almost 40% over the past 30 days. Its market cap is now $2.2 billion, and this decline comes as bearish signals dominate technical indicators, including a recently formed death cross that suggests the potential for further downside.
Do Kwon the former CEO of Terraform Labs, will face trial in the United States, but not until 2026 as decided in a Manhattan Court.
Do Kwon, founder of Terraform Labs, is officially heading to trial in January 2026. The charges?
Kwon's defense attorney's asked for a least a year to prepare for the case, given Kwon's additional legal issues outside the U.S.
U.S. prosecutors are set to review Do Kwon's emails, social media, and devices in preparation for his 2026 trial. Legal documents reveal covert recordings and extensive evidence linked to Terraform Labs' collapsed ecosystem, marking another chapter in the fallout from TerraUSD and LUNA. The post U.S. Prosecutors to Pour Over “Multiple Terabytes” of Do Kwon's Communications as Trial Date Set appeared first on Cryptonews.
The criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, is tentatively set for January 2026 in the United States.
Terraform Labs founder Do Kwon's criminal prosecution seems set for early 2026, as U.S. Attorney Jared Lenow expects roadblocks in evidence gathering.
The U.S. criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, has been scheduled to begin in January 2026. The decision was announced during an initial hearing in Manhattan, as prosecutors and defense attorneys prepare to review an extensive six-terabyte trove of evidence.
Do Kwon's trial on TerraUSD collapse charges is set for Jan 2026 in NYC. Prosecutors grapple with vast evidence and translation challenges.
Do Kwon's alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited Kwon, the disgraced co-founder of the Terra (LUNA) ecosystem, late last month. Kwon faces fraud charges related to the multibillion-dollar downfall of Terra in 2022.
New court documents reveal that authorities plan to search through disgraced Terra (LUNA) founder Do Kwon's personal emails, social media accounts, financial records, and more. According to a new court memo, investigators say they will sift through massive amounts of Kwon's personal data to gather evidence against him.
Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27.
In a latest development, The trial for Do Kwon is set for 2026 as lawyers navigate a massive trove of evidence. Do Kwon's criminal fraud trial in the U.S. is tentatively set for next January, giving both prosecutors and his defense team enough time to review the large six-terabyte data expected during the discovery process.
Prosecutors are currently working to unlock four of Kwon's cell phones provided by Montenegrin authorities.
As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder's emails and Twitter account.