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Showing posts with the label -time

Bitcoin set for new all-time high as price hits $68,000

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Bitcoin price has touched highs of $68,000 on Coinbase. The Bitcoin market cap has surpassed that of Meta Platforms, rising to $1.32 trillion compared to $1.27 trillion. Bitcoin’s incredible rally over the past few days has extended with another huge upside today. After retreating to lows of $61k last week, Bitcoin price rose more than 7% in 24 hours to hit highs of $68,000 on crypto exchange Coinbase on Monday. The surge saw BTC add more than $4,100 to its value, with the leading cryptocurrency closing in on its all -time high reached in 2021. During that bull cycle, the price of Bitcoin rallied to highs of $69,044. Per today’s performance, Bitcoin is less than 2% from that peak. With spot Bitcoin ETFs frenzy on and the supply shock of the upcoming halving, analysts are saying that BTC still has a lot of room to grow. ETF analyst Eric Balchunas says the trading volume seen last week is more of “new normal than anomaly.” The te...

Celestia reaches an all-time high, records 10x growth since airdrop

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Modular blockchain Celestia’s TIA token has reached an all -time high, crossing the $20 mark today.  This milestone comes after the blockchain’s mainnet beta was successfully launched at the end of October last year. Celestia’s journey to this achievement was marked by significant user engagement, evidenced by the airdrop of TIA tokens to approximately 580,000 users. This widespread distribution has clearly indicated growing user adoption and interest in the blockchain platform. Since the token’s airdrop in October, TIA has seen a more than 10 times increase in value.  TIA three-month price chart | Source: CoinGecko Bitget was the first to list the TIA token, paving the way for its increased accessibility and market penetration. Following Bitget’s lead, Binance, the world’s largest cryptocurrency exchange, added TIA to its listing in November, further bolstering the token’s market presence. The total contract holdings of TIA across the en...