Tag: 2?
: Online prices are finally declining after 2 years of increases — but only for these select items
Why CEL is rising 4,000% in 2 months?!
Despite the fact that Celsius Network has gone bankrupt, the CEL token continues to rise!
Celsius Network’s balance statement shows a $1.2 billion shortfall, with the majority of its debts owed to its users. Furthermore, the company has filed for bankruptcy, so its future is uncertain.
Nonetheless, Celsius Network’s crypto token CEL has increased in value by over 4,100% in the previous two months, hitting roughly $3.93 on Aug. 13 from a low of $0.093 in mid-June.
In comparison, leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) gained 40% and 130%, respectively, within the same time period.
Here, I’ll go over the two most likely explanations of the recent rise and then briefly discuss what’s next for Celsius!
Takeover Rumors:
Statistically, the price surge turned CEL into an overvalued coin in early August, when its relative strength index (RSI) rise above the 70 levels.
Takeover speculations appear to be driving CEL’s upward momentum. Notably, Ripple wishes to acquire the assets of Celsius Network, according to an unnamed source quoted by Reuters on August 10.
body[data-twttr-rendered=”true”] {background-color: transparent;}.twitter-tweet {margin: auto !important;}
function notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp=1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embed-size”, height: height}, “*”);}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) {notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute(“width”)); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}
After the news broke, the price of CEL more than doubled.
In July, speculations circulated that Goldman Sachs planned to buy Celsius Network for around $2 billion. Around that time, CEL was trading for as little as $0.39.
CEL Short Squeeze:
An army of traders appears to have also been driving the CEL’s massive upward surge in the previous two months.
To minimize CEL’s negative potential, some traders have formed a short squeeze. A short squeeze occurs when the price of an asset unexpectedly rises, compelling short sellers to purchase back the asset at a higher price in order to complete their positions.
body[data-twttr-rendered=”true”] {background-color: transparent;}.twitter-tweet {margin: auto !important;}
function notifyResize(height) {height = height ? height : document.documentElement.offsetHeight; var resized = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp=1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embed-size”, height: height}, “*”);}if (window.webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize) {window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) {notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();});if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement.getAttribute(“width”)); if ( 500 < maxWidth) {window.frameElement.setAttribute("width", "500");}}
Because of CEL’s decreasing circulating supply, a brief squeeze is feasible, owing mostly to the freeze on Celsius Network token transfers.
Surprisingly, FTX owned around 5.1 million CEL tokens on Aug. 13, accounting for almost 90% of overall exchange circulation. Meanwhile, the number of open short positions on the exchange was around 2.66 million CEL, compared to the monthly high of 2.96 million CEL on August 11.
In other words, in only two days, short traders had closed about 300,000 CEL positions.
What’s next for CEL?
Short squeezes are difficult to sustain over time, as history has shown.
Such expectations put CEL in danger of a sharp drop in the next weeks or months. As previously said, the token is already overbought, which contributes to the bearish picture.
As a result, it is critical right now to be careful and well-informed before joining any such rising tide!
I am working on a personal goal to drop at least 50 blogs in this one week.
Article number: 03/50 (1st day)
Don’t forget to follow this amazing journey!
The content provided in this article is not sponsored and is correct upto the best of my knowledge. This article is not financial advice and we are not responsible for any action taken in response to this article!
Feel free to check out our social platforms for daily crypto updates or contact us through the following channels:
Info Source: Cointelegraph, Yashu Gola
New to trading? Try crypto trading bots or copy trading
Why CEL is rising 4,000% in 2 months?! was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
Outcast 2: A New Beginning gets a new trailer showing combat and jetpacks
Outcast 2: A New Beginning was announced last September with a cinematic trailer. We got a glimpse of the game itself this week, including jetpacking, combat, and Cutter Slade’s thick eyebrows.
Outcast 2: A New Beginning trailer gives us a story background and a look at gameplay
A new story and gameplay trailer for Outcast 2: A New Beginning was shown during THQ Nordic’s digital showcase yesterday.
The sequel is in development at Appeal Studios which developed the original title.
Set 20 years after the original game, in it, you play as ex-Navy SEAL Cutter Slade who has returned to the alien world of Adelpha.
AoE 2 Age of Doom mod adds a playable Arachnotron
The Age of Doom mod has received a big update from its creator, adding a playable Arachnotron with its own campaign episode to the spin on the classic FPS game along with general improvements to the rest of the game. The Age of Doom mod for Age of Empires 2 lets you play Doom in the AoE II game engine, using a point and click style of gameplay that will be familiar to fans of ARPG games such as Diablo.
Now, the version 1.25 update for the mod introduces a new campaign called “Spider” which sees players taking control of one of Doom’s most terrifying enemies, the Arachnotron. A giant cybernetic spider monster first introduced in Doom 2, the Arachnotron is a giant brain with eyes inside a robotic shell with four hydraulic, arachnid-style legs, and a plasma cannon mounted to its front.
In addition to the new campaign, the v1.25 update also includes some additional polish to visual effects, additional sounds, new units, and gameplay improvements and bug fixes for all previous episodes. We’ll never tire of unique ways to play Doom – and, while the simple act of running the 1993 classic on everything down to a tiny Lego brick monitor is satisfying enough, developers attempting unique takes on the formula is always refreshing to see.
Latest biswap double launchpools | earn 2 tokens from one stake
In my previous article, I shared with you the 4 passive income opportunities on Biswap that you can use to grow your money while you sleep.
One of them is their double launchpools which allows you to stake your Biswap (BSW) token to earn more BSW plus other premium tokens.
As of July, there were 3 launchpools where you can stake BSW to earn BSW plus BNB, ADA, or DOT with juicy APRs.
This month (August 2022), 2 new double launchpools have been added to give you even more opportunities to earn.
What are these new tokens and what makes them interesting?
That’s what we’ll be discussing in this article.
But first…
4 important things to know about the Biswap double launchpools
Before we start discussing the double launchpools on Biswap, there’re a few important things you must know first:
- The Biswap double launchpools are exclusively for those who have staked BSW in the Holders Pool (HP). Each double launchpool has a minimum amount of BSW you must have staked in the HP to qualify for it. Currently, the minimum for all the available pools is 500 BSW staked in the HP.
- Biswap uses a percentage of its marketing and strategic partnerships budget to buy the second reward tokens in the double launchpools. The BSW comes from block emissions.
- There’s a fixed maximum amount of BSW you can stake in each of these double launchpools. Currently, you can stake up to 1,500 BSW in any of the available pools. This limit is set to ensure fairness and give everyone the opportunity to participate.
- Each of the double launchpools has an ending block time or duration of usually 30 days.
- Time is of the essence here. If you want to take advantage of the double launchpools, you need to act fast and get into them as early as you can.
With that out of the way, let’s dive into it…
The new Biswap double launchpools
Let’s discuss each of them below.
1. Stake BSW and earn BSW + ETC
This pool allows you to stake a maximum of 1500 BSW to earn both BSW and ETC with up to 48% APR.
To qualify to stake in this pool, you must have at least 500 BSW staked in the BSW Holders Pool.
As of the time of writing this article (August 11, 2022), the pool will expire in about 22 days. That’s around September 2, 2022.
So, you want to hurry and get in as early as possible to earn literally free ETC in addition to BSW.
1.1 What is ETC?
Ethereum Classic (ETC) is the original version of Ethereum which resulted from a fork in July 2016.
It’s a proof of work (POW) based smart contract platform which is expected to gain increased support after Ethereum becomes a proof of stake (POS) chain in September.
ETC is hot right now.
Existing Ethereum miners are moving their resources to Ethereum Classic, and I wouldn’t be surprised to see increased developer activities on the chain in the coming months.
2. Stake BSW and earn BSW + FIL
This pool lets you stake up to 1,500 BSW to earn both BSW and FIL with over 76% APR.
To qualify for this pool, you must have staked at least 500 BSW in the Holders Pool.
The pool has a 30 days duration which will expire about 29 days from today, that’s on September 9, 2022.
So, if you want to take advantage of it you have to move fast and get in as early as possible.
2.1 What is FIL?
FIL is the native token of Filecoin, a decentralised storage network where anyone can rent out their unused storage resources.
Thus creating a global and efficient data storage market that anyone can use to store data at a fraction of the cost.
The old double launchpools on Biswap
The other double launchpools include:
- Stake BSW to earn BSW + DOT
- Stake BSW to earn BSW + MATIC
- Stake BSW to earn BSW + ADA
These pools have the same requirements as the latest two discussed above, but they’ll expire very soon.
The DOT pool will expire 14 days from today. And the MATIC and ADA pools will expire in 8 and 2 days respectively.
So, if you’re interested, you can still get into the DOT and MATIC pool before they close.
Connect with Biswap
To learn more, visit or join the Biswap social media and local communities
Also, check out my Biswap review for a complete deep dive into the project.
Furthermore, if you’re passionate about Biswap and want to earn some BSW by promoting the project, then join their Space Agents Program (SAP).
For example, this article was entered into the SAP for a chance to win up to $2,500 in BSW per month.
Conclusion
The Biswap double launchpools are an amazing way to add new tokens to your portfolio without buying them.
All the tokens in these pools are solid projects that you’ll want to buy and HODL anyway, so getting them for free by staking BSW is cool.
The only risk here is your increased exposure to BSW, which is also one of the tokens I’m accumulating and strongly feel positive about.
But always remember to do your own research (DYOR) and form your own opinion about any project before you invest.
Originally published at https://cryptosorted.info on August 11, 2022.
Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing
Also, Read
- How to trade Futures on FTX Exchange | OKEx vs Binance
- CoinLoan Review | YouHodler Review | BlockFi Review
- ProfitTradingApp for Binance Review | XT.COM Review
- SmithBot Review | 4 Best Free Open Source Trading Bots
- Coinbase Bots | AscendEX Review | OKEx Trading Bots
Latest biswap double launchpools | earn 2 tokens from one stake was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
Iron Banter: This Week In Destiny 2 – A Review Of Solstice 2022
Just about every week brings something new to Destiny 2, whether it’s story beats, new activities, or interesting new combinations of elements that let players devastate each other in the Crucible. Iron Banter is our weekly look at what’s going on in the world of Destiny and a rundown of what’s drawing our attention across the solar system.
Solstice is probably my least favorite of Destiny 2’s annual events. The summertime celebration originally kicked off alongside the Moments of Triumph, marking the end of a Destiny year and helping players commemorate all the cool stuff they’d done with a nice set of glowing armor to boot–but it tended to be a heavily grindy event that lacked the fun personality of Halloween’s Festival of the Lost or The Dawning of the holiday season. Solstice also tends to be an intense grind, and if there’s one thing I’m not a fan of in the Destiny games, it’s grinding content over and over.
For 2022, Bungie made some significant changes to Solstice, however. It altered the way its special event armor works, adjusted the special EAZ location and the events that take place there, and introduced a new “Event Card” system, both for ticking off objectives and for earning premium rewards as part of the event. Solstice looks very different in 2022, and now that it’s over, we can take a look at the three-week summertime celebration to run down what worked, what didn’t, and what we might expect from additional annual events as Destiny 2 goes forward.
Destiny 2: The Witch Queen Where is Xur August 12, 2022
Save data from Splatoon 2 can be transferred to Splatoon 3
Did you know that save data from Splatoon 2 can be transferred to Splatoon 3? Well, now you know.
And there’s even better news: according to the official Splatoon 3 website, you will also receive save data bonuses.
You can transfer save data once per Nintendo Account by launching Splatoon 3 or entering the lobby while connected to the internet. To transfer, and save data from Splatoon 2 must be on the same system with the same user account.