Bitcoin

Where to buy Celo: Mobile-first crypto CELO records 14% rise

The Celo token (CELO) is currently trading at $5.95 at the time of writing with 14% gains in the past 24 hours The Celo token has stabilised near the $5 region after trading sideways for the past week. The token saw a steady price increase in the past 24 hours that saw CELO attempting to…

The Celo token (CELO) is currently trading at $5.95 at the time of writing with 14% gains in the past 24 hours

The Celo token has stabilised near the $5 region after trading sideways for the past week. The token saw a steady price increase in the past 24 hours that saw CELO attempting to breach the $6 level repeatedly. The coin is currently consolidating near the $5 region and could possibly 3X or 6X from the current levels. The token could break its all-time high (ATH) located at $9.82 if the current price trajectory continues in the future.

How & where to buy Celo in the UK and elsewhere

If you’re looking to buy Celo, you will need to open an account on a broker/exchange platform. To register a new trading account, create a new user profile by submitting your full name, contact details and email address. Then, verify the account by submitting proof of identity and address. A driving license and utility bill can be provided to pass the verification process. This additional step is required to comply with the Know Your Customer (KYC) regulations.

Avoid transacting on decentralised exchanges as they are unregulated. To make your search easier, we have shortlisted two of the best platforms where you can trade easily and securely.

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

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Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

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What is Celo?

The Celo network is a mobile-first Proof of Stake (PoS) platform. The network aims to integrate mobile numbers with crypto wallet addresses to make crypto payments popular. Remembering wallet addresses is difficult and by using mobile numbers, crypto payments could become more popular among cellphone users across the world. The Celo network also supports DeFi solutions and dApps. The Celo foundation is trying to leverage smartphone technology to make crypto popular among retail users.

Should I buy CELO today?

The Celo token has seen a healthy build-up in volumes and whales seem to be accumulating this token. The coin has the potential to rally further if the current price uptrend continues in the future. The early adopters of Celo could be rewarded handsomely if the coin surges higher.

Below is the daily chart for Celo that shows a steady rise in volumes that is driving prices towards the $6 region. The coin could break its ATH if the bulls continue to push prices in the future.

Celo daily chart. Source: CoinMarketCap

This article is informational only—none of the contents should be construed as financial or investment advice.

Bitcoin

Bitcoin Demand Shows Signs of Cooling as Whale and ETF Purchases Halve: Cryptoquant

Bitcoin demand growth is decelerating after a rally toward $112,000, with key indicators signaling a potential slowdown phase, according to a new Cryptoquant Institutional Insights report. Profit-Taking Dominates Futures Market Amid Bitcoin Slowdown Cryptoquant’s analysis reveals bitcoin spot demand continues expanding but at a sharply reduced pace…
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Bitcoin

Bitcoin Price Watch: Bulls Eye $108K as Momentum Builds Across Lower Timeframes

Bitcoin is trading at $105,971 to $106,032 over the last hour, with a market capitalization of $2.10 trillion and a 24-hour trading volume of $21.88 billion. During the past 24 hours, the price has fluctuated between $104,004 and $106,450, reflecting a narrow intraday range that coincides with ongoing technical indecision across broader timeframes…
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Bitcoin

XCN defies Bitcoin and Ethereum slump with 97% spike

Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure. The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier. Tariffs and other market conditions weigh on investor sentiment. Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins…

Onyxcoin (XCN) has risen 97% in the past 24 hours as altcoins enjoy massive buying pressure.
The XCN price bucks the trend that saw Bitcoin and Ethereum down after notable gains a day earlier.
Tariffs and other market conditions weigh on investor sentiment.

Onyxcoin (XCN) has defied a dip for Bitcoin, Ethereum, and top altcoins with an impressive 97% over the past 24 hours.

In a price rally that put it on top of the daily gainers’ list, XCN shot up to an intraday high of $0.017.

The performance bucks the downward pressure that has seen Bitcoin (BTC) and Ethereum (ETH) pare gains from a day ago with dips below $80k and $1.5k, respectively.

XCN price performance

The XCN token’s standout performance sees it outpace Flare, Kaspas, and Walrus, among other notable gainers.

According to data from CoinMarketCap, XCN is currently trading at $0.017, with its volume up 1,230%.

The token’s market, though tiny at $531 million, is up 97% and puts Onyxcoin in the top 100 by market cap.

XCN has flipped Floki and CORE, which currently rank 100th and 99th by market cap, respectively.

Onyxcoin’s massive spike comes despite a broader risk market downturn in the past 24 hours.

BTC, ETH, and other coins’ dip has seen the global cryptocurrency market cap drop by 3.9% to $2.52 trillion.

Volume is down 20% to about $127 billion as crypto mirrors losses on Wall Street.

Overall market outlook

Crypto and the stock market rose sharply on Wednesday after US President Donald Trump changed his tariffs stance.

His announcement of a 90-day pause sent risk assets skyrocketing, with Bitcoin’s price breaking to above $82k.

S&P 500 and the Dow Jones Industrial jumped, rising by historic single-day gains.

However, the S&P 500 and Dow opened lower on Thursday and looked to close lower with 3.2% and 2.4 %, respectively.

Dow was down more than 900 points.

On Thursday, Trump announced an additional 25% tariff on China, bringing this to 145%.

After excluding it from the 90-day pause, analysts say the trade war will continue to hurt optimism.

This looks to be the case as stocks sold off despite the latest inflation report that showed CPI dropped to 2.4% against an expected 2.6%.

While this sees many turn to the Federal Reserve for expectations of interest rate cuts, analysts are pointing to “sticky” prices and tariff impact for likely pressure on equities and crypto. Analysts point to a potential bull trap.

Peter Schiff said via a post on X:

“I’ve never seen such a mass selloff of US assets. The US dollar, bonds, and stocks are all getting killed. I can’t remember when the dollar lost 3.5% against the Swiss franc in one day. America’s ride on the global gravy train is about to come to a screeching halt. Buckle up.”