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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.
Celestia is a modular data availability network that makes it easy for anyone to launch their own blockchain securely. Rollups and L2s use Celestia as a network for publishing and making transaction data available for anyone to download.
Celestia announces Lemongrass upgrade with key consensus changes including Interchain Accounts and Packet Forward Middleware.
As cryptocurrencies enter retests following a huge market retracement, Celestia has emerged as a top performer.
Tron (TRX) and Celestia (TIA) cryptos face notable value depreciation amid stemming fears about a US recession, triggering a historic drop in the price of Bitcoin (BTC) after 2021. Investors move their capital to safer investment options like Gold, bonds, or top crypto presales rather than Bitcoin (BTC) or under volatile currencies.
