Analysis Crypto by Thebittimes.Com

The Celestia price rose 11% in the last 24 hours to trade at $5.92 as of 00:36 a.m. EST on trading volume that surged 70% to $338 million. This comes as Celestia launched its first Mainnet upgrade, Lemongrass, which enhances user experience and interoperability by introducing 1-click interactions over Inter-Blockchain Communication (IBC) for seamless cross-chain transactions. Lemongrass is live 🍵 As Celestia’s first Mainnet upgrade, Lemongrass introduces 1-click interactions over IBC, interchain accounts, and more. pic.twitter.com/ev9fEVxSRf — Celestia (@CelestiaOrg) September 18, 2024 The upgrade also Features Interchain Accounts, allowing Celestia accounts to be managed directly from other IBC-enabled chains, fostering greater connectivity within the Cosmos ecosystem. Celestia Price Could Continue Soaring The Celestia price movements since August have formed a double bottom pattern, with the bulls struggling to push TIA above the $6.10 resistance zone, according to data f

Though BNB (BNB) has been trading with significant strength throughout 2024, the Binance cryptocurrency exchange’s issues with the U.S. legal system have been a major cause of volatility since late 2023. The situation may, however, soon change drastically for BNB as Changpeng Zhao, the founder and former CEO of the Binance exchange, is scheduled to be released from prison on September 29, 2024. Given the historical impact news related to Zhao’s guilty plea and prison sentence have had on the token and the prominence and popularity of ‘CZ’ within the community, the release is likely to serve as a major bullish catalyst in the crypto market. Picks for you SingularityDAO expands DeFi offerings with Cogito’s tokenized RWAs 16 seconds ago Bybit

The cryptocurrency market has been on a roller coaster ride lately. Bitcoin (BTC) has struggled to maintain its position over the $60,000 mark. The last seven days, however, have played out positively for the king coin as it surged by over 7% and managed to rise to a high value of $61,000. BTC traded at $60,372 at press time, with a nearly 4% surge over the last 24 hours. Also Read: Ethereum’s Buterin L2 Standard Says Most Network’s are Stage 0 Bitcoin’s Recent Performance And Future Predictions Source Despite its latest surge, Bitcoin traded 18% below its all-time high. The world’s largest cryptocurrency hit a peak of $73,750 about six months ago in March 2024. BTC has made some increased efforts to reclaim this zone. But the bearish force was clearly stronger. Even though several experts were bullish about the asset hitting a new high this month, a prominent analyst predicted a new timeline for this event. Also Read: Brian Armstrong Shuts Down Coinbase (Paper Bitcoin) Rumors Can Bitc

The ASEAN bloc is currently one of the most prosperous networks of nations, noting a rapid surge in their trade metrics with each passing day. The bloc is brimming with new developments, inviting high foreign interest and investment. Also Read: Cardano: Will ADA Rise Or Fall By The End Of Sept’ 2024? The Bloc’s Intra-Trade Metrics Boom Source: Reuters According to the Jakarta Times, ASEAN is currently one of the most blossoming blocs compared to other alliances. In 2023, ASEAN nations conducted nearly $759 billion worth of intra-trade, one of the highest trade metrics achieved in recent times. This development accounts for 21% of the surge in intra-ASEAN trade, making it an alliance worth keeping an eye on. The surge was streamlined by Laos’ Minister of Industry and Commerce, Malaythong Kommasith, while chairing the 56th ASEAN economic minister meeting. Malaythong outlined how the bloc is rapidly growing, with its Intra trade balance spiking quickly. He later shared how the bloc’s dec

Top crypto gainers offer investors a window into potential opportunities, allowing them to make informed decisions. By identifying cryptocurrencies that have recently surged, investors can spot promising trends and assess their future growth. This article provides exactly that, offering detailed insights and Analysis on today’s top-performing tokens to help investors make smarter, data-driven choices.   Biggest Crypto Gainers Today – Top List The top gainers in crypto today are riding high with significant gains and bright future prospects. Baby Doge Coin leads with a 29.12% surge, driven by its high liquidity and upcoming Features . Reef follows with a notable 16.52% rise, showcasing robust scalability and strong long-term prospects. Storj also shows promise with a 7.75% increase, despite its ongoing recovery. Lastly, Helium’s 2.56% gain showcases the impact of the Helium v3 update, boosting its IoT capabilities and long-term growth. Each of these tokens offers unique opportunitie

Venture capitalist Chris Burniske is reasserting his stance on one of his main altcoin picks for this crypto market cycle. Burniske says on the social media platform X that he’s still loading up on Celestia (TIA) tokens, anticipating a massive recovery despite being 77% down from its all-time high. The investor also says that fear surrounding TIA’s large token unlock next month is likely overblown. “Still longing TIA while haters spinelessly pile onto the downside momentum. When Celestia recovers, it’s not me that will be haunted by the thought, ‘Instead of jeering, I could have been buying TIA <$5… Everyone and their mother is fixated on the ‘big $TIA unlock’ in October. Paid groups and momentum bottom trolls are drooling with delight, claiming $TIA will get crushed when the ‘evil VCs’ are given liquidity, hence piling onto these expensive shorts.  What TIA bottom trolls aren’t grasping: 1)Celestia as an ecosystem is firing on all cylinders, with an ideolo

A widely followed crypto analyst is issuing a warning, saying that the rest of 2024 looks less than ideal for altcoins. In a new video update, crypto strategist Benjamin Cowen tells his 813,000 YouTube subscribers that based on historical patterns, altcoins appear set to plummet near the end of the year and capitulate against Bitcoin (BTC). Cowen says the capitulation also lines up with the beginning of a new interest rate-cutting cycle. “If you connect the dots from the last cycle, 2018, 2019 to 2020, you can see that it basically tagged this trend line three times and then the third tag of the trend line ended up being the bottom. We know that this interest rate cycle, this business cycle, has taken a little bit longer and if you connect the dots again – one, two and three – the third tag of the trend line might actually occur by the end of the year and coincidentally if you look at this trend line where you connect the dots, it hits 0.25 in Q4 which is exactl

Last week, accelerated sales in U.S. markets caused a sharp sell-off in altcoins. Despite this, Bitcoin (BTC) held steady at around $54,000, creating a slight market recovery for some altcoins. Investors are now seeking the best crypto to buy now , hoping to capitalize on these minor rebounds. Best Crypto to Buy Now Crypto All-Stars attracted significant attention by raising over $1.25 million during its initial coin offering (ICO). Meanwhile, VeChain recently partnered with UFC to grow its VeBetter ecosystem and promote sustainability. Also, Polkadot has demonstrated resilience, showing positive performance relative to its original sale price. 1. Polkadot (DOT) Polkadot is known for its role in blockchain interoperability, addressing one of the biggest challenges in the crypto space—enabling different blockchains to communicate. This design makes Polkadot highly scalable and attractive to projects needing cross-chain functionality. As the demand for communication across blockchai