#celer network

As the month of April is concluding, and most assets in the cryptocurrency sector are consolidating the gains they achieved since the year’s turn, some digital assets might have fallen through the cracks, failing to grab the attention of crypto traders and investors due to their low cost per unit. In this context, Finbold has once again scoured the market to arrive at the list of several of the…

CELER Network (CELR): Prospects And Market Analysis

We are continuing with our analysis of some of the top coins in the coin market. The essence is to enable the investor or buyer to determine the prospects that are inherent in these tokens and make informed decisions about them. We are not looking at CELR, the internal token of the CELER network, which is ranked 99 according to market capitalization. What is CELER? CELER is a layer 2 scaling…

Binance launches Celer node, offering up to 37.49% annualized staking reward

Binance, the popular cryptocurrency exchange and blockchain service provider, has announced the launch of a node to join Celer State Guardian Network (SGN) and help secure Celer’s layer-2 State Channel Network. Binance also launched a delegation product where users can delegate their CELR tokens and earn up to 37.49% staking reward. The launch of Binance as a staking partner also marks the…

Interlay To Receive Web3 Foundation Grant To Continue Its Work On Polkadot

Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot.

The money will be used to develop a parachain on Polkadot that will connect to the Bitcoin (BTC) blockchain. According to the March 5 announcement, Interlay is one of the recipients of Web3 Foundation’s fifth wave of grants deliberated in Q1 2020.

https://twitter.com/In…

Celer Network’s layer-2 state channel upgrade launches on Ethereum mainnet

Celer Network, a layer-2 scaling platform, today announced the launch of its layer-2 state channel mainnet upgrade, Lyra, on Ethereum. Celer has open-sourced the state channel network’s full node code. The Celer team says the “software is highly optimized and production-grade.”

This marks the world’s first multi-hop-networked state channel open-source release. With this launch, Celer enters a new…

Where Are They Now? Binance IEOs ONE, MATIC, CELR and FET Far From Past Highs

Over the past few months, Binance’s Initial Exchange Offerings(IEOs) have shown similarities to the ICO markets of 2017, posting some interesting price action at the time of launch as well as weeks afterward. ONE, MATIC, CELR, FET and BTT have all been referenced fairly frequently in the trading department of Crypto Twitter. These assets’ markets seem to have cooled off, at least for now, based…

Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?

One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. 

Based on the Ichimoku Cloud, MATIC’s trend now sits in jeopardy as CELR and ONE seem to have lost whatever momentum they were gathering for a potential uptrend. 

MATIC dumps taking other IEOs with it