Celestia (TIA) forms bullish setup
Cryptocurrency Celestia is a modular blockchain network built with the Cosmos SDK, designed to offer a scalable and customizable platform for decentralized applications and rollups. It separates the consensus and execution layers, allowing developers to focus solely on the execution layer. Celestia introduces data availability sampling to enhance scalability and does not impose execution or settlement constraints. The native token, TIA, is used for gas fees, network governance, and staking. This architecture provides developers with the flexibility to create their own execution and settlement environments, opening up new possibilities in the blockchain space.
Crypto markets brace for volatility in tight race between Trump and Harris
The US presidential election is one of the most significant events in the world. Due to the influence of the country’s political decisions, policies, and economic approaches, it can significantly impact crypto and global markets.
Crypto: Volatility without direction
The crypto market cap remained at $2.24 trillion, a recovery after the market hit a low point at the very end of trading on Monday at $2.19 trillion. We continue to view this pullback to the lows of the past three weeks as a correction after rallying ahead of the week's most important events: the US election and the Fed's key rate decision. Interestingly, the cryptocurrency sentiment index remains in greed territory. It hasn't moved outside of the 70-77 range for the past three weeks, although stock market sentiment has slipped from the threshold of extreme greed to fear over that time.
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BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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