Thursday, July 31, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Celsius Worth Prediction: CEL Coin Pumps 12% As Firm’s Focus Shifts To Mining Solely. Is CEL Primed To Explode?

by SB Crypto Guru News
November 21, 2023
in Bitcoin
Reading Time: 5 mins read
0 0
A A
0


Be part of Our Telegram channel to remain updated on breaking information protection

The Celsius worth has jumped by 12% within the final 24 hours because the token traded at $0.2491 as of 12:20 a.m. EST.

The surge got here after the US Securities and Alternate Fee put the brakes on a plan to rejuvenate Celsius, which is reorganizing after it filed for chapter. It was agreed on Nov. 20 that the corporate’s reorganization will now focus solely on mining Bitcoin, and never as earlier agreed on staking as properly, in line with a court docket submitting on Monday.

Nicely, as I suggested newco was unable to get their SEC approvals. This has resulted in a large discount within the scope/scale of the plan. Will doubtlessly end in additional authorized points relying on how Celsius responds as they’ve saved many events within the wind.

Newco will… https://t.co/8IWAtrJVQt

— Keith (@ChazzonKe) November 21, 2023

New proprietor Fahrenheit’s restructuring plan, which had obtained approval from a chapter court docket, supplied collectors with almost $2 billion price of Bitcoin and Ethereum and shares in a brand new firm.

The brand new agency had been slated to handle Celsius’s Bitcoin mining operations, stake Ethereum, and discover different asset utilization avenues. However whereas the Celsius worth rallied on Monday’s information, its technical indicators aren’t wanting so good

Celsius Worth Prediction

Taking a look at 1-hour CEL/USDT charts, we see two bearish engulfing candle stick patterns having fashioned. This means a reversal sample pointing to a looming plunge within the Celsius worth. The MACD is now shifting within the crimson zone because the Relative Power Index indicator additionally strikes downward, indicating bearishness on the Celsius worth.

The Celsius worth is unstable, as proven by the Bollinger Bands, that are at the moment extensive aside. This outcomes from elevated buying and selling actions which have seen CEL’s buying and selling quantity skyrocket by 123% within the final 24 hours.

In the meantime, because the Celsius worth heads in direction of a bearish brief time period, the brand new Bitcoin ETF Token is making waves as its presale now closing in on $1.3 million in funding. 

Celsius Worth Prediction: Is The BTCETF Token A Higher Funding?

Amidst rising anticipation of SEC approval for Bitcoin ETFs, the BTCETF token (BTCETF) is capitalizing on the bullish sentiment. 

International X’s revised #BitcoinETF submitting intensifies anticipation for #SEC approval.

Are we lastly on the verge of witnessing a breakthrough for #Bitcoin ETFs within the US? ???

As well as, #BTCETF has now surpassed $600K! ? pic.twitter.com/aalPajzQCB

— BTCETF_Token (@BTCETF_Token) November 15, 2023

BTCETF’s tokenomics are intricately tied to Bitcoin ETF approval milestones. A portion of the full BTCETF provide is burned upon reaching vital milestones.

5 milestones, together with the launch of Bitcoin ETFs, will result in a 25% provide discount, with a 5% token burn at every step. 

The Surge in Anticipation

Buyers are banking on BTCETF to surge as soon as the SEC approves spot Bitcoin ETFs. The token’s community-driven technique and incentives for holding through the presale have garnered substantial assist.

For a restricted time, buyers might get Bitcoin ETF Tokens at a diminished worth of $0.0056. So, as you control the Celsius worth amid its reorganization, keep in mind to take a look at the BTCETF presale.

Get your Bitcoin ETF Token right here.

Associated Information

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Safe Cloud Mining
  • Earn Free Bitcoin Every day
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 100% APY

Bitcoin Minetrix


Be part of Our Telegram channel to remain updated on breaking information protection





Source link

Tags: Bitcoin NewsCELCelsiusCoinCompanysCrypto NewsCrypto UpdatesExplodeFocusLatest News on CryptominingPredictionPricePrimedPumpsSB Crypto Guru NewsShifts
Previous Post

Bittrex Closes for Good after SEC Onslaught

Next Post

How To Use Bitcoin ATM

Related Posts

Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet

Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet

by SB Crypto Guru News
July 31, 2025
0

Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for...

2010 Bitcoin Stash Awakens Moving M — First ‘Satoshi-Era’ Spend Hits July

2010 Bitcoin Stash Awakens Moving $30M — First ‘Satoshi-Era’ Spend Hits July

by SB Crypto Guru News
July 31, 2025
0

On Thursday, the final day of July, five ancient bitcoin block rewards from 2010 finally budged after sitting still for...

Corporate ETH Holdings Top B On ETH’s 10th Birthday

Corporate ETH Holdings Top $10B On ETH’s 10th Birthday

by SB Crypto Guru News
July 31, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage Corporate ETH holdings have surpassed $10 billion...

Charles Hoskinson Backs ADA as Bitcoin’s DeFi Layer: Is Cardano Set to Outperform BTC?

Charles Hoskinson Backs ADA as Bitcoin’s DeFi Layer: Is Cardano Set to Outperform BTC?

by SB Crypto Guru News
July 31, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano founder Charles Hoskinson has made one...

[LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now?

[LIVE] July 31 Crypto Updates – Bitcoin Holds $118K as Powell Freezes Rates Despite Trump’s Pressure: Best Crypto to Buy Now?

by SB Crypto Guru News
July 31, 2025
0

The crypto market saw another tense session on Wednesday as Bitcoin briefly dumped to $115,000 before recovering hours later back...

Load More
Next Post
How To Use Bitcoin ATM

How To Use Bitcoin ATM

Meta’s Nick Clegg Calls Out Educators and Enterprise

Meta's Nick Clegg Calls Out Educators and Enterprise

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.