Story Highlights The Celestia price retests its 6-month high. Rising bullish sentiment hints at a potential Golden Cross in the daily time frame. The sustained positive influence could push the price toward its $10 mark.
This is a big step before sBTC goes live on the mainnet, which is the real deal. Think of it like a rehearsal before the big performance.
Celestia (TIA) has gained significant attention in the cryptocurrency market following a decisive move above the $7.34 resistance level. This upward shift, accompanied by a 16.28% price increase and trading volume surging 152% to $1.28 billion, marks a turning point for the token.
Celestia (TIA) appears ready for the much-awaited altcoin season with decisive moves. The altcoin witnessed some consolidations after its 30 October token unlock, which saw it releasing coins worth over $1 billion. Nonetheless, the 50% weekly jump propelled TIA's price beyond a descending channel and the $7.34 resistance zone.
TIA's bullish breakout has sparked market enthusiasm, with metrics pointing toward sustained growth.
Stacks (STX), a unique blockchain network designed to bring smart contract functionality to Bitcoin, has garnered significant attention within the cryptocurrency space. Unlike most blockchain platforms, which use traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, Stacks employs a Proof-of-Transfer (PoX) model.
Celestia (TIA), one of the leading IBC blockchains, has recently experienced a sharp decline in market value despite seeing significant growth in its active user base. While the blockchain's user activity has increased, the overall market sentiment surrounding TIA remains largely negative.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
STX is showing strong breakout potential, with key resistance levels in focus for future gains.
TIA's downward trajectory is becoming increasingly evident.
Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.
Stacks strong correlation with Bitcoin suggested a possible rally.
Celestia (TIA) has recently become one of the standout performers in the altcoin market, capturing the attention of investors and analysts alike. With a significant upward trajectory over the past week, TIA's price has seen a steady increase of over 22%, despite a minor setback of 3.45% in the last 24 hours.
TIA could reach $11.96 if it breaks through a critical resistance level, analysts suggest.
Will this week's multi-million token unlocks spell trouble or opportunity for Celestia, Aptos & Solana custodians?
With a jump of 2.86% in the past 24 hours, the cryptocurrency market has successfully crossed the $2.8 Trillion mark. With this, the STX price has maintained its bullish action by recording a positive candle for the 3rd consecutive day.
The sBTC token is designed as a trustless way to use bitcoin in decentralized finance applications, in contrast to centralized wrapped bitcoin tokens.
Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.
The launch of Bitcoin L2 Labs is expected to catalyze growth in decentralized applications, making Stacks an even stronger player in Bitcoin-based technology.
Celestia's TIA (a digital asset that's caught the attention of many investors recently) has been showing signs of a comeback after a tough month of losses. However, even as some market indicators point to positive movement, a rising trend of profit-taking by traders could threaten TIA's rally, creating uncertainty about its future price trajectory.
Celestia (TIA) has reached its highest exchange outflow this month as its value surged by 10% in the last 24 hours. This significant outflow implies that TIA holders are optimistic, possibly viewing the recent hike as the start of an extended rally.
TIA is yet to receive the go-ahead from market participants despite bullish insights.
STX has experienced fluctuations since reaching an all-time high of $3.61 in November 2021. As the cryptocurrency market evolves, investors are curious whether STX can recover and surge again in the coming years.
Celestia's TIA token has recently encountered a significant downturn, sliding over 15% in value over the past week. The token is currently priced at $4.23, hovering close to its year-to-date low of $3.72, initially reached in early September.
Is the current stream of Celestia's cliff & linear unlocks to blame for the extended TIA losing streak in recent weeks?
The cryptocurrency market has experienced a significant pullback this week due to the rising uncertainty concerning the possible outcome of the upcoming U.S. election in 2024. Following this, the Stacks price has recorded a major price correction, highlighting increased bearish sentiment.
TIA, the native token of the modular blockchain network Celestia, has extended its downtrend, losing over 15% of its value in the past week. Currently, the altcoin is trading at $4.23, hovering near its year-to-date low of $3.72.
Celestia (TIA has seen bear dominance over the past seven days, plummeting from Tuesday's $5.3908 to $4.3291 on Sunday. While the significant plunge saw the altcoin losing all its September gains, TIA signals robust recoveries. Safeguarding the reliable support at $4.12 would support significant bounce-backs to the $5.23 mark.
TIA experienced a breakout from a falling wedge pattern, a technical indicator often associated with bullish reversals. As social interest around TIA surges, many analysts are speculating that this altcoin could be on the verge of a significant rally.
Celestia's (TIA) price has decreased by approximately 27% since October 25. During that period, the altcoin fell from $6.16 to $4.50, erasing all the gains TIA had in September.
TIA's recent breakout and rising social interest could have interesting implications for the altcoin.
Stacks (STX), a prominent layer-2 solution for Bitcoin, is gaining attention following the recent Nakamoto upgrade on October 29, 2024. This upgrade aims to enhance transaction speeds and scalability, positioning Stacks for substantial long-term growth in the cryptocurrency landscape.
Celestia's impending token unlock of over $1 billion in TIA has become a focal point for investors. Recent analyses indicate that the market may experience a milder impact than initially feared, potentially setting the stage for renewed interest in TIA.
The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.
Celestia (TIA) is generating buzz in the crypto community as analysts warn of a potential supply shock following a significant token unlock scheduled for October 31, 2024. Insights from Taran Sabharwal, CEO of Stix—an over-the-counter (OTC) trading platform—suggest that the market may be underestimating the impact of this event on TIA's price trajectory heading into November.
TIA has defied expectations following the Celestia token unlock event, which saw the release of tokens worth $890 million earlier this week.
The cryptocurrency market has experienced a major hit this week, with top tokens recording a significant correction in their respective valuations. Moreover, the BTC price has recorded a low of $68,779, indicating rising uncertainty in the crypto space.
The crypto markets are gearing up and heading towards the monthly close, which may keep up the ‘Uptober' vibes. While the Bitcoin price is just a few inches away from the highs, the market participants have become more optimistic over the next price action.
TIA's price has slumped over the past 24 hours, following Celestia's 176 million token unlock on Wednesday.
Celestia (TIA) approaches a crucial token unlock event, the cryptocurrency is bracing for potential volatility that could reshape its market trajectory. Scheduled for October 30, this unlock will release a substantial 175 million TIA tokens into circulation, creating both opportunities and challenges for traders and investors alike.
Stacks, a Bitcoin layer-2 solution, is currently garnering attention as its latest developments hint at substantial long-term growth potential. Following the recent Nakamoto upgrade on Oct.
In an analysis shared on X, Taran Sabharwal, CEO of Stix—a leading OTC trading platform specializing in liquidity solutions for private crypto transactions—provided insights into the upcoming unlock dynamics of the Celestia (TIA) token scheduled for October 31, 2024. His assessment suggests that the market may be underestimating the potential impact on TIA's price action heading into November.
Will TIA see renewed interest amid potential milder impact from its token unlocks?
Modular blockchain network Celestia has begun a large unlock of its native token, TIA, valued at roughly $890 million at current prices. At time of writing, TIA is down nearly 20% in the last week, and is 77% down from its all-time high as the unlock takes place.
During Wednesday's trading session, Celestia price witnessed a 6% plunge to reach $4.9, while its market cap fell to $1.09 Billion. Despite the broader market recovery, the sharp drop is likely fueled by bearish market sentiment surrounding the upcoming token unlock.
Celestia's native token, TIA, is set for a major move today as it undergoes a significant token unlock event that would add approximately 175 million tokens to its circulation—nearly doubling the existing supply.
Modular data availability blockchain project Celestia (TIA) is set to release 175.59 million previously restricted. This Celestia token unlock today, October 30, marks the largest since the project's launch in October 2023.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.