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The crypto market is bouncing back after a turbulent year, and its the best time to invest in promising ICOs like Celesto. Due to some technical difficulties, Celesto had to stop its ICO for a short period of time, but now its back with new updates and maximum emphasis on the security of crypto.

Celesto is built on the BEP20 Binance Smart Chain Network, which is considered very safe and good for investment. This token has the credibility of Binance Smart Chain Network, making it the most trusted and safest cryptocurrency to buy. Celestos plans and projects are ambitious and if they come to fruition, nobody can stop Celesto from becoming an ecosystem.

One of the most important aspects of investing in a cryptocurrency is ensuring that your investment is secure. Celesto places maximum emphasis on security protocols, ensuring that it is anti-theft, anti-whale, and anti-rug pull. This means that investors can be confident that their investments are safe and secure, and they can rest assured that their funds are protected from fraudulent activities.

Celesto has ambitious plans for the future, with several upcoming and future projects that are set to revolutionize the crypto finance world. CDX is a concept decentralized exchange, meaning Celesto Decentralized Exchange. SDiP is a secured digital identity provider system that runs with end-to-end encryption. Cpay is a cryptocurrency platform offering both trading and merchant payment gateway solutions. Cemi is Celestos NFT platform, allowing users to buy NFTs using CLT tokens and other cryptocurrencies. CEFI is a platform that helps insure crypto holdings, ensuring that investors are protected against loss.

As the world continues to move towards decentralized finance, Celesto is well-positioned to become a leader in this space. With its secure and innovative use of blockchain technology, Celesto is poised for success in the crypto finance world. Investing in Celesto is not just a good financial decision, but its also an investment in the future of secure crypto finance.

Investing in Celesto is not just an investment in the future of crypto finance, but its also a wise financial decision. With its ambitious plans and projects, Celesto is poised for future success. As the demand for cryptocurrencies continues to rise, the value of Celesto is likely to increase as well. This makes Celesto a promising investment opportunity for those looking to invest in a secure and reliable cryptocurrency with strong potential for future growth.

Investing in Celesto is not just a good financial decision, but its also an investment in the future of secure crypto finance. As the world continues to evolve and new technologies emerge, Celesto is at the forefront of this evolution. With its focus on security protocols, ambitious plans and projects, and a trusted reputation in the crypto community, Celesto is well-positioned for future success. Dont miss this opportunity to invest in the future of crypto finance with Celesto.

Celesto Cryptos ICO is restarting, and investors can now take advantage of this opportunity to invest in a promising project that is built to last. With Celesto Cryptos emphasis on security protocol and future projects, it is an excellent investment opportunity in the web3 world and the world of crypto finance.

Investors looking to invest in Celesto Crypto can visit their website and participate in their ICO. Dont miss out on the opportunity to invest in a project that is built to last and will be at the forefront of the crypto revolution.

Website: https://thecelesto.com/

Email: Info@thecelesto.com

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Celesto Crypto: Invest in a Promising ICO in the Rebounding Crypto ... - Analytics Insight

Ankr, a leading liquid staking provider, is expanding its focus beyond Binance Smart Chain (BSC) and moving towards two other rapidly growing ecosystems: Avalanche (AVAX) and Fantom (FTM). Ankr, with the highest TVL for BNB, has been creating waves in the BSC ecosystem with its innovative Liquid Staking solutions.

Ankr aims to be the most multichain liquid staking provider in the industry, offering staking with high liquidity, low fees, and no lock-up periods. With its innovative approach to staking, Ankr enables users to earn a base layer of staking rewards while maintaining the liquidity to trade their assets or pursue additional DeFi earning opportunities freely.

As part of its expansion plan, Ankr has collaborated with Beethoven X to launch the ankrFTM Beethoven X pool, which offers FTM holders the opportunity to earn staking rewards while maintaining liquidity. This new partnership demonstrates Ankrs commitment to providing users with the best staking options across different ecosystems. The pool offers a competitive APY, making it an excellent opportunity for FTM holders to earn passive income.

Ankrs ETH bridge now enables users to move their ankrETH into AVAX and FTM chains seamlessly. The ankrETH bridge allows users to easily take advantage of the growth opportunities offered by these high-potential ecosystems, providing an omnichain liquid staking solution.

Ankrs Flash Unstake solution is another innovative feature that enables users to unstake their funds instantly by using a pool to swap the users liquid staking tokens with their original assets. Flash Unstaking is a unique feature that Ankr has already released for the BNB Liquid Staking Token (ankrBNB) and will soon enable the same solution for its Ethereum Liquid Staking Token (ankrETH).

We are excited to expand our focus beyond Binance Smart Chain and make our Liquid Staking solutions available to more users, said Filipe Gonalves, Chief of DeFi at Ankr. Our aim is to be the most multichain liquid staking provider in the industry, and our latest collaboration with Beethoven Finance and expansion into AVAX and FTM ecosystems, along with the innovative Flash Unstaking feature, will revolutionize the staking industry, making it more accessible and less restrictive for users.

In conclusion, Ankrs expansion into Avalanche and Fantom ecosystems marks an important step towards becoming the industrys most multichain liquid staking provider. By collaborating with Beethoven X to launch the ankrFTM Beethoven X pool, Ankr has demonstrated its commitment to offering the best staking options across different ecosystems. Additionally, the AnkrETH bridge and Flash Unstake solution are innovative features that provide users with more flexibility and accessibility to staking. As Ankr continues to push the boundaries of liquid staking, it is poised to revolutionize the industry and make staking more accessible and less restrictive for users.

About Ankr

Ankr is a decentralized Web3 infrastructure provider powering the foundational layer for Web3, DeFi, and the digital economy across dozens of blockchains. Ankrs RPC node marketplace enables independent node providers to monetize their node infrastructure and allows Web3 developers to access Ankrs increasingly decentralized RPC services with a pay-as-you-go model secured by the ANKR token. As a pioneer in the Liquid Staking space, Ankr also democratized access to staking on multiple Proof-of-Stake chains. DeFi users, developers, and platforms can all benefit from access to an easily accessible liquid staking infrastructure to create ecosystems with the largest available source of crypto yield. Ankrs objective is to serve as a critical infrastructure behind Web3 growth while ensuring that it remains decentralized thanks to Ankr Network.

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Ankr Expands Focus to Avalanche and Fantom Ecosystems With ... - The Defiant - DeFi News

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writers opinion.

Binances (BNB)ecosystem has been at the receiving end of an unrelenting regulatory pushback in the first quarter of 2023, casting serious concerns on the future of one of the largest entities in the crypto space.

The latest salvo directed at the crypto-behemoth was the lawsuit by U.S. Commodity Futures Trading Commission (CFTC), accusing the exchange and Founder Changpeng Zhao (CZ) of violating local compliance rules to expand its business.

Earlier in February, Paxos, the issuer of the Binance branded stablecoin BUSD, was directed by the New York Department of Financial Services (NYDFS) to stop minting new tokens. The action, according to the regulator, was brought about by several unresolved issues related to Paxos oversight of its relationship with Binance.

The impact of these crackdowns has been severe. According to a report by crypto-market data provider Kaiko, Binance lost a 16% share of global trading volume in Q1 2023. The lawsuit-induced FUD resulted in a radical shake-up of its exchange reserves with users withdrawing funds for self-custody.

Moreover, the net stablecoin outflow reached -$295 million/day recently, which was the largest net outflow in the history of the worlds largest crypto exchange. Stablecoin liquidity is one of the most crucial parameters to gauge the health of a crypto-trading platform.

The future course for Binance and its native token Binance Coin [BNB] is shrouded in uncertainty. And, most of the investors and analysts in the space would be busy understanding the dynamics to make informed decisions going forward. We, at AMB Crypto, tried to get some help from an unlikely ally ChatGPT

ReadPrice Prediction for Binance Coin (BNB)2023-24

Ever since it burst onto the scene, ChatGPT has become a rage, revolutionizing the way humans interact with AI. People have flooded the AI-powered chatbot with a plethora of use cases to get assistance for literally anything. Right from finding a bug in a code, asking philosophical questions about life, getting dating advice, and even writing full-fledged media articles (not this one though).

Put simply, it functions like a conventional chatbot that we have encountered in the customer support section of different e-commerce companies. However, the big difference here is that the communication is more conversational, or to put it in a different way, more human-like.

Well, this is because it has been trained using reinforcement learning from human feedback (RLHF). This helps it understand instructions and generates nuanced responses.

But cryptos? Binance? Are we stretching the limits of ChatGPT? Lets see.

Binance is not new to compliance-related issues in the U.S. In 2019, it ceased to operate in the country and launched a separate exchange, Binance.US, its American arm.

The platforms structure is quite similar to the fallen FTX in the sense that a major part of its administration is being controlled from outside the U.S. Hence, it has always been under the radar of the regulators.

We started to test our AI friend by posing this very sweeping, although controversial, question. Now, the ability of ChatGPT to express itself is hindered because of the restrictions imposed by the creators. To make it speak its mind, we used the jailbreak hack.

As is evident, ChatGPT refused to make it a Binance v. U.S. government binary and highlighted that the exchanges woes are not limited to one market. It acknowledged that Binance is taking steps to correct its image but the future remains uncertain. It was quite fascinating to note that ChatGPT steered clear of making definitive statements, something which any expert or analyst in this space wouldve done.

Apart from regulatory concerns, the ecosystems blockchain, BNB Chain, has gained notoriety for the rising number of decentralized finance (DeFi) hacks of late. As per a report by ImmuneFi, a Web3 bug bounty platform, BNB Chain was the most targeted chain in Q1 2023 with 33 incidents of hacks and exploits.

Here again, we turn to our AI partner to know if hacks will be the undoing for Binance. This time, it seemed as if it was waiting for this question to be hurled at its end.

ChatGPT said hacks were definitely a cause for concern and advised the developers to prioritize the issue as it may have a damaging effect not just on the adoption of the BNB Chain, but on the value of the BNB coin as well.

Well, ChatGPT would be glad to know that its word of caution was taken seriously. To address the security loopholes, BNB Chain soon announced a hard fork which is scheduled to go live on 12 April.

Another thing that caught our attention was the use of BSC rather than BNB in the latest response. Now, its a known fact that Binance Chain and Binance Smart Chain are now collectively referred to as one entity BNB Chain. This change was introduced in February 2022. However, ChatGPT continued to use BSC Chain.

This, because its knowledge cutoff date is September 2021, meaning that it will base its answers on the information available until this date only.

At press time, BNB was the third-largest cryptocurrency (excluding stablecoins) in the sector, with a market cap of more than $49 billion, per CoinMarketCap data. As a result, significant fluctuations in its value could create ripples in the broader crypto market.

BNB commenced a bullish cycle at the start of 2023, something that has helped it in gaining 27% on a year-to-date (YTD) basis. However, recent hiccups have applied brakes on its momentum. Since the CFTC lawsuit, the coin has shed 4.5% of its value.

Although setting unrealistic expectations amidst this FUD is not the most sensible thing to do, we tried to put ChatGPT under a bit of pressure. We asked whether it sees BNB touching $350 in 2023 given the current state of uncertainty. And, it impressed again.

As was the case earlier, it didnt give a definite value or a price range, which was its USP. Or else it would have felt like a soothsayer predicting the results of FIFA World Cup matches, like Paul the Octopus.

In a very measured way, it outlined factors like market trends, technological developments, and regulatory changes, which will eventually decide the course of any coin. It also called attention to Binances strong DeFi ecosystem which could support BNBs price in the long run.

Enough of the AI praising! Needless to say, it isnt practical to only depend on what an AI tool says when it comes to price predictions and markets. There is nothing like getting the insights of real-world experts. Therefore, we got in touch with Marius Grigoras, Chief Executive Officer at BHero and a crypto-expert, to help us out with the same question that we asked ChatGPT. He stated

While I cannot give a certain answer on whether BNB will reach $350 in 2023, we must consider the general market dynamics. Its evident that the recent regulatory crackdown has taken its toll on the entire crypto market, including BNB. But despite some fluctuations in price which may occur in the short term, I believe BNB possesses the resilience to rebound even stronger in the long haul.

Did you find similarities between human opinion and AI opinion?

Is your portfolio green? Check out theBNB Profit Calculator

BNB is currently trading at $321.6, down more than 0.58% over the past 24 hours. Earlier this week, the token attempted to breach a key resistance level at $350, however, the rally cut short at BNBs weekly high of $345.

The bears defended the resistance zone, following which the token dropped as low as $318. At the time of writing, BNBs market capitalization stood at a little over $50 billion, making it the fourth largest crypto in the world.

A quick look at the technical indicators revealed that the On Balance Volume (OBV) has remained consistent over the past week, hovering around -1.7 million. A negative OBV is indicative of negative volume pressure, with a potential drop in its price soon.

However, the current Relative Strength Index reading of 30 indicates that BNB is oversold and a rally may be due. $315 is a key support level to watch out for, with $350 remaining the target resistance level to breach for a further rally.

BNBs Open Interest (OI) or the total dollar value locked in unsettled contracts on Futures exchanges was $308.7 million. The same saw a marginal drop of 0.54% over the last 24 hours, as per Coinglass. Since the CFTC lawsuit, the OI has declined by 12%.

The funding rates across most exchanges seemed to be in green though, indicating the dominance of bullish traders.

Additionally, traders positioning themselves for price gains increased vis--vis those looking for price losses, as the Longs/Shorts Ratio hiked to 1.25%.

Its important to note that these indicators fluctuate on a day-to-day basis and can take a wild turn in no time. Therefore, the next course of action for BNB is tough to predict. Only time will tell whether it will manage to weather this storm.

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I asked ChatGPT if BNB could emerge from the ashes, its answer was strange - AMBCrypto News

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Renowned Art Auction brand Sothebys has announced that it now supports a curated peer-to-peer (P2P) marketplace for the sale of secondary non-fungible tokens (NFTs) via the Ethereum and Polygon network.

Sothebys is arguably the oldest and most famed art auction house, with over 279 years of operation.

The reputable house continues to take giant steps into the Web3 space following the official announcement of a secondary NFT marketplace launch on its metaverse platform.

The secondary marketplace features a rotating selection of leading creatives chosen by in-house specialists, enabling NFT collectors to list and make offers from their favorite artists.

All sales on Sothebys metaverse are conducted through a peer-to-peer model and are fully on-chain.

Sothebys has experienced significant growth since it launched its metaverse marketplace in October 2021, which includes tokenized digital collectibles.

The curated marketplace will auction NFTs for fiat currency alongside crypto assets such as USDC Stablecoin, Bitcoin, and Ethereum.

Set to solidify its position as the leading platform for NFTs, Sotheby supports all tokenized artworks minted in Ethereum, Binance Smart Chain, and layer-2 scaling solution, Polygon.

Sothebys metaverse incorporation is geared toward creating a Web3-powered industry that serves as a destination for tokenized arts sales and auctions, positioning it as one of the leading NFT hubs in the industry.

Although there are world-revered NFT platforms such as OpenSea and Blur with stellar peer-to-peer marketplaces, Sothebys asserts to embed unique offerings that set it apart from competitors.

Users can easily access curated selections of tokenized assets of leading artists handpicked by Sothebys.

Collectors will be offered 13 versatile leaders in the art world, including notable mentions like Sam Spratt, Tyler Hobbs, Claire Silver, and the Pseudonymous XCOPY.

There will also be a scheduled change every few months to make the Metaverse digital marketplace platform exciting for creators and collectors.

This development is tipped to trigger a new wave of artists, collectors, and enthusiasts into Sothebys Web3 space.

Mojito, a revolutionary NFT tech and Web3 ecosystem, powers Sothebys Metaverse platform and has seen a surge to greater heights.

The vice president of Sothebys, Michael Bouhanna, described its collaboration with Mojito as an important step forward for the 279 years old auction house as it continues to navigate and explore the Web3 space.

The metaverse hub is dedicated to secondary NFT art sales and is built to honor royalty fees specified by creators through smart contracts on the secondary sales marketplace.

An NFT creator royalty fee is accumulated from secondary sales, typically 5% to 10% of the initial sale price.

Royalties are automatically released to artists wallets to promote greater transparency, seamless user experience, and a commercial venture-driven hub that supports all creatives.

The auction house has previously processed milestone trades of tokenized digital arts via its metaverse marketplace, including a whopping $11.8 million sale of a unique CryptoPunk coined Covid Alien.

This was closely followed by a staggering $24 million auction of up to 101 Bored Ape tokenized digital arts.

In November 2021, Sothebys hosted arguably the biggest, most fabulous, and most popular charity auction in memory, with up to 140 rare NFTs sold to raise funds for renowned charity healthcare, Sostento.

The auction house giveaway was followed by the $2.9 million sale of ex-Twitter CEO Jack Dorseys first tweet as an NFT on the platform.

Proceeds were also geared toward charity in Africa in response to the outbreak of Covid-19.

Sothebys metaverse asserts to expand in the future by integrating a versatile market strategy, redefined peer-to-peer (P2P) secondary sales, and higher royalties to entice artists.

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.

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Sotheby's Metaverse Unveils On-Chain Secondary NFT Marketplace - EconomyWatch.com

The Venom Foundation is building a blockchain that is intended to function as the main infrastructure for a global ecosystem of Web3 applications, providing a more transparent, secure, and efficient alternative to traditional financial systems.

To do that it has developed a testnet, which is a copy of a live blockchain that internal developers can use to test changes to the protocol without disrupting the network. External developers can also use testnets to test their applications using the protocol and native cryptocurrency to ensure that they are integrated correctly before launch.

Testnets are crucial to the development of blockchain networks and cryptocurrencies, ensuring that they can be launched and updated without causing significant network downtime or errors.

Venom has launched an innovative testnet platform that provides a secure and user-friendly testing environment for developers, users, and blockchain enthusiasts to interact with decentralized applications (dApps), non-fungible tokens (NFTs), and decentralized finance (DeFi) protocols outside of the live blockchain.

Venom is a scalable, multi-layer blockchain solution that is designed to provide the architecture for the widespread adoption of real-world applications. Venom is one of the few blockchains that is focused on bridging the gap between fintech and blockchain financial services such as central bank digital currencies (CBDCs) and financial institutions.

The Venom blockchain can reach real-life processing rates above 100,000 transactions per second (tps), a time to finality of 0.2-0.3 seconds, and average transaction fees of just $0.0002. It does so by using dynamic sharding and a hybrid proof of stake (PoS) consensus mechanism with and Byzantine fault tolerance (BFT) algorithm.

Venoms blockchain validators maintain the networks security by staking their VENOM tokens for the ability to participate in processing transactions with other validators. Staking their tokens demonstrates that they have a vested interest in the safety and continued operation of the network. The more that validators stake tokens, the harder it is for malicious attackers to create multiple identities to control of the network. Validators propose blocks and vote on the blocks proposed by other validators, using the (BFT) algorithm to ensure the consensus process remains reliable.

Venom promotes interoperability as a Blockchain of Blockchains, through its asynchronous architecture, which incorporates a masterchain with multiple workchains and shardchains. This structure allows transactions to be processed in shards, or smaller pieces that validator nodes can verify simultaneously for faster tps rates. There is no technical limit to the number of users that can transact on the blockchain, a critical feature to enable the widespread adoption of blockchain technology in financial services.

The accessibility of public blockchain networks to any user with an Internet-connected device creates a way for projects like Venom to bring the unbanked into a new DeFi system without the need for traditional financial institutions.

The Venom Foundation is the first cryptocurrency foundation that has registered with the Abu Dhabi Global Market (ADGM), giving it a license to operate a blockchain and issue utility tokens. ADGM is well known as an international centre for investors and financial services firms in the Middle East and from around the world.

Testnets are experimental, parallel networks that developers use to test new features, functionalities, and upgrades before they deploy them on the main blockchain, known as a mainnet. They help ensure the blockchains stability, security, and efficiency.

The blocks on a testnet contain a marker that prevents them from being added to the live blockchain so that cryptocurrencies cannot be transferred between the two. Development teams can run updates on the testnet to analyse how they will operate in the real environment and look for bugs or errors in the code. In this way, they can iron out any potential problems before implementing the update on the live blockchain.

The Venom Foundation has launched its testnet to enable developers and users to explore and build on the Venom blockchain.

The Venom Testnet aims to enhance the networks security by inviting security researchers and developers to perform stress tests and report errors; improve user experience with ultra-fast speed and intuitive user interfaces; and build community by engaging in conversations to improve the network and dApps.

The testnet will introduce eight dApps to the Venom ecosystem:

For developers, the Venom Testnet presents the opportunity to build apps on the blockchain that make use of its fast transaction speeds and dynamic sharding. The Venom Foundation has prepared comprehensive documentation to give developers the knowledge they need to start building.

Blockchain users and enthusiasts can participate in a series of on-chain and social tasks so that they can experience the features of Venom blockchain dApps.

To participate in the testnet, users simply download and install the Venom Wallet either as a Google Chrome browser extension or the app and connect a Twitter account.

To set up a wallet, users can visit the Venom Testnet website. Locate and click on the Install Venom Wallet button within the How it works section.

There are options for installing the wallet via Apple iOS or Google Android app as well as the Chrome browser extension. Follow the on-screen instructions, including creating a secure password and noting down the unique seed phrase for backup.

Users can then join the testnet from the Venom.network website.

Locate and click on the Start testnet button within the How it works section.

Follow the on-screen instructions to connect the Venom wallet, logging in with a Twitter account, and follow the Venom Foundation on Twitter to claim 50 testnet Venom tokens. The test tokens will be credited to the wallet so that users can start exploring the ecosystem. To gain access to the various dApps, users need to follow the associated Twitter accounts for the apps and publish Tweets about them.

Users can mint and trade NFTs, send VENOM tokens from the wallet, swap VENOM for stablecoins and wrapped tokens such as WBTC and WETH, add tokens to pairs in liquidity pools, farm assets, and stake tokens in Venom Pools. They can also use Venom Bridge to transfer tokens between the testnet and an Ethereum Virtual Machine (EVM)-compatible chain, such as Ethereum, Binance Smart Chain (BSC), or Fantom.

By completing the tasks to test the dApps, users will receive eight NFTs as rewards. As the testnet grows and more tasks are added, there will be additional NFT rewards available.

Once users and developers have explored the Venom Testnet ecosystem, leaving feedback via Venoms Discord server will help the developers refine and improve the way the blockchain operates.

Venoms development team anticipates that the testnet will foster innovation and collaboration among its growing community. It is an important step in the process of readying its full mainnet launch.

The Venom Testnet provides a powerful platform for members of the community to interact with dApps, NFTs, and DeFi protocols in a secure environment. The testing process will enable the Venom team to identify areas for development and improvement that they can incorporate into the mainnet before the launch.

As a licensed blockchain, Venom will help businesses and enterprises to implement blockchain technology on a large scale. The blockchains approach to scalability will facilitate the onboarding of billions of users. DeFi and CBDs have the potential to revolutionize the financial sector, introducing new financial products and services that are secure, transparent and accessible to all.

The testnet provides one way for developers and users to help identify pain points and limitations in the network so that Venom can find ways to improve its tools and infrastructure and enable the blockchain to fulfil its potential in changing the DeFi landscape.

Venoms testnet is designed to bring users and developers into the Venom ecosystem to give them a preview of the innovations emerging from its multi-layer approach to blockchain architecture. It works as a staging ground that allows developers to build, test and debug blockchain protocols and apps within the ecosystem as they would work in a live environment, while providing users with an immersive first-hand experience of how apps and cryptocurrencies work on the blockchain.

The Venom Network has the potential to act as the primary infrastructure for a rapidly growing ecosystem of Web3 applications. It can provide fast transaction speeds and infinite scalability while maintaining high standards of security to meet the demands of expanding blockchain adoption in financial services.

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Understanding Venom and Its Testnet: A Comprehensive Guide - NewsBTC