The US Court of Appeals for the Third Circuit slammed the US Securities and Exchange Commission (SEC) for its actions vacuously denying Coinbase’s rulemaking petition.
Over time, as the value of Bitcoin has ballooned, crypto investors have turned to other alternatives for higher potential gains and altcoins have proven to be the answer.
The modular blockchain network Celestia will conduct the large token unlock in October, with a massive $1 billion worth of TIA set to be released. Many of its holders have begun selling their tokens before this event.
If selling pressure intensifies, TIA’s price may fall by 30%.