Connect with us

Crypto

The Most Awaited Billion Dollar ICO In The Crypto Industry Has Finally Launched..!

Published

on

The Most Awaited Billion Dollar ICO In The Crypto Industry Has Finally Launched..!

By using Smartchain  technology, Celesto created its own utility and made innovative uses of it. CLT Token is always engaged in designing its ecosystem in order to become a much stronger token in the future. Basically, it is a one-stop solution for the crypto industry. With Celesto, you can exchange, transfer, and earn cryptocurrencies.

Celesto is a decentralised crypto world, and it’s going to change the way cryptocurrency is used in the world. It is going to be a game changer for crypto investors and users alike.

Celesto’s goal is to create an ecosystem where people can easily exchange their cryptocurrencies with fiat money, sell their coins at any time and get more value from them than they would from just holding on to them. With this revolutionary concept in mind, Celesto has created an easy-to-use platform that allows anyone interested in trading cryptocurrencies without having any technical knowledge about mining or programming languages like Solidity (a language used by Ethereum). You don’t even need an account at all! All you need is just a username/password combination which works as your personal access key into our website so you can get started right away!

 

Advertisement

Why To Invest in Celesto Right Now?

Celesto is in its first stage. There is a high possibility of a huge jump in its prize in the coming time. The buyer in stage one is lucky, because it is impossible to get Celesto at a lower price considering all the next stages. Celesto has put in place such a mechanism that its liquidity and price are mutually dependent and price downward is difficult.

The price of Celesto is going to increase by 10X or more when it launches on DEX or any other exchange. Those who invest in Celesto initially will become an integral part of Celesto so don’t wait to make the right decision, make celesto the key to your success.

Celesto runs on the Balance BEP20 smart chain. Binance’s credibility is evident in this token. Smart chains are considered to be extremely safe and as a company, Celesto places a high value on investments that will benefit their investors in the coming future. Celesto’s plans and projects are very ambitious and if they come to fruition, nobody can stop Celesto from becoming a powerful ecosystem and have some important points to prove that,

  • Celesto is built on the BEP20 Binance Smart Chain Network. BSC is one of the fastest growing blockchain in the past few years with the support of projects like Sushi, Avae and many more…
  • It uses BEP20 to offer and provide more efficiency and reduced usage fees.
  • The development across these chains make it possible for an expanded user base to leverage celesto for payments and it will enable more people to experiment with the protocol and lead to the emergence of new use cases.
  • TRUSTED & BELIEVED This token has the credibility of Binance Smart Chain Network.
  • This smart chain is considered very safe & good for investment.

 

About ICO (Initial Coin Offering)

Celesto claims that it is a democratised platform that gives users the choice to stake a native token in exchange for an annual percentage rate, or APR, payout. In contrast to APY (annual percentage yield), APR just takes regular interest into account rather than compound interest. Despite the risks, it is thought that many crypto enthusiasts favour projects that provide some kind of staking return.

The Celesto is quite distinctive in terms of its structure. The breakdown of its token consumption is as follows: 37.5% of tokens are allocated for bonus distribution, staking, lending DEX launching, and centralised exchange distribution; 12.5% are set aside for future projects; 33% are held back for presale/public ICO and sale; 1% are given for the tech team members; further 5% are assigned to promoters and developers; 4.5% are allocated for burning event; 6.5% are distributed for liquidity and other; and 3% are allocated for the project’s initial launchpad. Tokens available for ICO: 660 M (66,00,00,000) CLT.

Advertisement

Celesto is offering its earliest investors the chance to get guaranteed gains with its presale pricing structure. In total there will be three phases in the ICO, with CLT tokens available for just $0.001.

A total of 650 million tokens are available during the presale. While there is always risk attached to ICOs and presales, Celesto is guaranteed against being a scam or rug pull. Celesto is our top pick for the best upcoming ICO for 2022 not only because of the early excitement it has from investors in the presale, but because the protocol will help users maximize profits on current holdings.

The first phase consisted of 230 M ( 23,00,00,000 ) CLT. During the period 13 November to 5 December 2022, it is available at the very cheapest price of $0.001.

As a result of completing this stage, the price of CLT will increase by 10X, meaning a buyer will receive 125000 CLT tokens for buying 100000 CLT.

Advertisement

There are 220 million CLTs available in Phase 2 (Golden Stage). After this stage, the price will be $0.1 for a period of 22 days (06 Dec. to 27 Dec.) and will return to $0.01

after this stage.

The token available in this stage is 210 M ( 210,00,000 ) CLT. Within one month, the DEX will launch with a price of $0.1, with a 21-day duration (28 Dec. 2020 to 17 Jan. 2023).

So, hurry up and visit https://celesto.org/ for more information.

 Top analysts have considered this crypto as the most awaited crypto in the crypto industry. The initial supply is less and we would suggest that all investors take quick decisions as after the first phase the price of the offering will increase considerably. This is the most prominent ICO Launch in 2022 and you should not miss this chance to invest. Celesto is giving investors guaranteed gains and it’s the most secure crypto project one can invest in right now. 

Advertisement

Investors looking for the best crypto with the most potential can consider Celesto. The platform doesn’t charge transaction fees for buying tokens. Investors consider that Celesto provides transparency about future cryptocurrency projects.

 

Invest In A Multi Billion Dollar Opportunity Today With This ICO Launch!

This is a one-time opportunity for Crypto investors and enthusiasts to take the opportunity of ICO Launch and be a part of the next billion dollar crypto market. Grab this opportunity to make an early investment in the most promising Coin of 2022. Here you are not only getting a discounted price but also a higher staking interest value in this multibagger coin. For more information https://celesto.org/ and buy now!

Buy the ICO right now to ensure you get the price of the coin at the lowest rate and reap the benefits of being an early bird before the price increases and you lose the opportunity of being a part of this multibagger ICO. Due to its underlying tech the coin price will increase and have a chance of becoming the multi-bagger crypto in the future.

Advertisement

It’s going to be one of the most popular ICO in crypto history ever. The investment is great for institutional investors as well as retail crypto investors to make the best profits this year. This cryptocurrency has the potential to completely revolutionise the decentralised payment systems and you would not want to miss this opportunity and be a part of this multi billion dollar opportunity. Checkout the presale today to buy tokens at their cheapest price and join the next crypto revolution. Buy the coin now at its cheapest price and make huge profits with it in the coming time.

Website – https://celesto.org/

Contact – [email protected] | [email protected]

Twitter – https://twitter.com/celestoclt

The post The Most Awaited Billion Dollar ICO In the Crypto Industry Has Finally Launched..! appeared first on Analytics Insight.

Advertisement

bill

Crypto Miners In Kazakhstan To Buy Only Surplus Power, Under Digital Assets Bill

Published

on

Crypto Miners In Kazakhstan To Buy Only Surplus Power, Under Digital Assets Bill

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits.

Law to Regulate Crypto Mining in Kazakhstan, Change Licensing Rules

The lower house of Kazakhstan’s parliament, the Mazhilis, has adopted the bill “On Digital Assets of the Republic of Kazakhstan” and four related draft laws which aim to regulate mining, among other crypto activities, local media reported.

In accordance with the legislation, miners operating in the country will be able to buy power from the national energy system only if it has a surplus to offer, and exclusively through the KOREM exchange, the country’s centralized electricity market.

Advertisement

Commenting on the new regime, Mazhilis member Ekaterina Smyshlyaeva pointed out that price restrictions have been lifted for that excess amount of electricity and insisted, quoted by Tengrinews, that trades will be governed by market mechanisms.

The bill also introduces two categories of mining licenses. The first type will be granted to entities that operate infrastructure such as data processing centers. They will have to meet certain equipment, location, and security standards.

The second one will be issued to owners of mining hardware who rent space in crypto farms and do not claim an energy quota. Mining pools will have to abide by additional rules such as the requirement to have their servers based in Kazakhstan and comply with local information security regulations, Smyshlyaeva added.

The Central Asian Nation, which has become one of the world’s main crypto mining destinations since China cracked down on the industry in 2021, has blamed its growing power deficit on the influx of miners. According to recent arrangements with Russia, Kazakhstan’s mining farms will be supplied with Russian electricity, too.

Cryptocurrency Miners to Pay Corporate Tax on the Value of Their Reward

The authors of the law, which was approved on first reading in October, have also thought about taxation. Crypto mining companies will be subject to corporate income tax, calculated based on the value of the digital assets received as reward. The same tax for mining pools will be levied on their commission.

Advertisement

Individuals who carry out cryptocurrency transactions will be paying value added tax (VAT), the report revealed without providing further details or specifying the exact rates. Legal entities offering crypto exchange services will also have to pay corporate tax.

Smyshlyaeva remarked that the circulation and exchange of cryptocurrencies is prohibited in Kazakhstan and the trading platforms can only operate under the special legal regime of the Astana International Financial Center (AIFC), with a license issued by the financial hub but without the tax benefits offered to other registered organizations.

The authorities also plan to ban the advertising of cryptocurrency transactions. At the same time, different regulations have been adopted for secured digital assets, similar to those that apply to securities. A permission to issue and circulate such assets would depend on the availability of collateral.

Tags in this story

bill, Circulation, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Digital Assets, draft law, Exchange, Kazakhstan, Law, Miners, mining, mining farms, Regulations, requirements, rules, Standards, Tax, Taxation

Do you think Kazakhstan will remain a hotspot for crypto mining after the new legislation is enforced? Tell us in the comments section below.

Advertisement
Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Advertisement

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Advertisement
Continue Reading

Aksakov

Russia Expects Sizable Increase In Crypto Miners’ Share Of Power Usage

Published

on

Russia Expects Sizable Increase In Crypto Miners’ Share Of Power Usage

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted this year.

Russian Energy Ministry Forecasts Rise in Crypto Mining’s Electricity Consumption

The share of cryptocurrency miners may reach 1.5 – 2% of Russia’s total consumption of electrical power by the end of 2022, according to the Russian Deputy Energy Minister Pavel Snikkars. During a crypto conference organized by the business news portal RBC, the government official recalled that last year’s figure was around 1%.

The availability of electricity for mining across the vast country would depend on the number of users that want to connect to the grid in a particular location, Snikkars added. In certain Russian regions — the deputy minister mentioned Murmansk as an example — unused power generating capacities are currently being offered to the crypto industry.

Advertisement

Snikkars explained the availability of such resources with the way new power plants are built. A decision to start the construction of one, which may take up to a decade in the case of nuclear stations, is based on requests from potential consumers in the area. However, some projects are not ready to launch on time or at all and, as a result, the generating capacities are not fully loaded.

Individuals minting digital currencies are also causing trouble raising consumption in certain places with low electricity rates, where the infrastructure cannot handle the growing power usage, the expert said. He emphasized the energy industry should take measures to ensure reliable supply for other users.

During the event, Pavel Snikkars also talked about the efforts to regulate cryptocurrency mining as a business activity, voicing his department’s support for the draft legislation filed in mid-November with the lower house of Russian parliament, the State Duma.

The bill amending the current law “On Digital Financial Assets” is yet to be approved by the Legal Department of the Duma and reviewed by the Central Bank of Russia. At the forum, the head of the parliamentary Financial Market Committee, Anatoly Aksakov, said he expects lawmakers to pass the law before the end of the year.

Snikkars and Aksakov’s statements follow a recent report revealing that demand for mining devices has been rising in Russia in the past couple of months. Besides electricity consumption, mining revenue has been also growing over a period of several years before this year’s crypto winter and sanctions over the war in Ukraine took a toll on Russian mining businesses.

Advertisement
Tags in this story

Aksakov, Conference, consumption, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, Energy, energy ministry, Forecasts, Miners, mining, power, Russia, russian, Snikkars, statements, usage

Do you think electricity consumption in the Russian crypto mining industry will continue to grow? Let us know in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Advertisement

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Advertisement

Continue Reading

altcoin

LINK Price Keeps Steady With 7% Surge In Last 7 Days, But Things Might Change

Published

on

LINK Price Keeps Steady With 7% Surge In Last 7 Days, But Things Might Change

LINK, within the last 30 days, has already visited the $5 region twice, changing hands at $5.96 at one point in November 10 and going to as low as $5.69 on November 21.

Since then, the Chainlink network crypto asset has managed to recapture the $6 and $7 territories and is doing a great job at sustaining the latter.

  • Chainlink experienced a price correction that dissolved its 7% weekly gains
  • LINK is still in the midst of a price pump of more than 20% during the past two weeks
  • Chainlink network now has 20 successful integrations

In fact, according to tracking from Coingecko, at the time of this writing, the digital asset trades at $7.29 – a value that is 30% more than its currently monthly low.

Earlier Tuesday, the altcoin was sporting a weekly gain of 7%. However, as it entered a minor correction phase, the increase was trimmed to just almost 1%.

The crypto declined by 2.8% during the last 24 hours but is still sitting on a 24% price pump over the last two weeks.

Advertisement

Although things might be looking a little bit good for Chainlink, investors and holders need to keep an eye on its whales as their market participation could easily pull the asset down once again.

A Quick Glance At Chainlink Metrics

It appears now that LINK holders have nothing to worry about especially that the asset’s Relative Strength Index (RSI) is still hovering above the 50-neutral zone.

However, the crypto’s Money Flow Index (MFI) has now settled in an overbought region after tremendous selling pressure was observed in the market.

Meanwhile, over the last two days, the observed market outflows among exchanges were higher than the inflows, giving the cryptocurrency the ability to sustain its upward momentum during the same period.

Source: TradingView

The demand for Chainlink token seemed to have outweighed the on-going selling pressure as evidenced by the higher number of addresses receiving it as compared to the addresses sending it, 2,207 and 893, respectively.

Advertisement

Although these point towards a bullish momentum, holders and investors need to be wary about LINK whales as those holding at least a million units are contributing to the selling pressure.

If these large investors continue to reduce their balances by selling their holdings, there’s a big chance that the asset’s price will plummet once again.

⬡ Chainlink Adoption Update ⬡

This week, there were 20 integrations of 5 #Chainlink services across 7 different chains: #Arbitrum, #Avalanche, #BNB Chain, #Ethereum, #Fantom, #Optimism, and #Polygon.

Check your Staking v0.1 eligibility now: https://t.co/Gdt5Fj7XGp pic.twitter.com/DUjh6RGmeM

— Chainlink (@chainlink) December 4, 2022

Advertisement

Some Positive Developments For Chainlink Ecosystem

To provide more security for the LINK network’s oracle infrastructure, the Chainlink Staking v0.1 is expected to go live next week.

This new feature is also deemed crucial in increasing demand for the cryptocurrency by convincing traders to hold rather than sell their coins.

The DeFi project also attained another milestone in its interoperability drive after achieving a total of 20 blockchain integrations including some with the biggest names in the industry such as Binance Smart Chain (BNB), Polygon (MATIC), Ethereum (ETH), Fantom (FTM), Optimism (OP) and Avalanche (AVAX).

LINK total market cap at $3.5 billion on the daily chart | Featured image: HBB Solutions, Chart: TradingView.com
Advertisement

Continue Reading

Top posts

Assessing what’s next for Yearn Finance (YFI) as we gear up to close Q4 Assessing what’s next for Yearn Finance (YFI) as we gear up to close Q4
Altcoins10 hours ago

Assessing what’s next for Yearn Finance (YFI) as we gear up to close Q4

YFI suffers a bearish divergence that indicates a decline in buying momentum. Sellers take control of the YFI market during...

CryptoSlate Wrapped Daily: Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash CryptoSlate Wrapped Daily: Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash
Wrapped11 hours ago

CryptoSlate Wrapped Daily: Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash

CryptoSlate Wrapped Daily: Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash Liam ‘Akiba’ Wright...

Uniswap NFT volume declines by a great margin, but here’s the catch Uniswap NFT volume declines by a great margin, but here’s the catch
Altcoins12 hours ago

Uniswap NFT volume declines by a great margin, but here’s the catch

Uniswap witnessed a decline in NFT volume lately. This decline affected other areas of the DEX, including the count of...

Huobi predicts crypto market bottom in early 2023 Huobi predicts crypto market bottom in early 2023
Analysis12 hours ago

Huobi predicts crypto market bottom in early 2023

Huobi predicts crypto market bottom in early 2023 Christian Nwobodo · 15 mins ago · 2 min read According to...

Forex Trading in Portugal Forex Trading in Portugal
Uncategorized12 hours ago

Forex Trading in Portugal

European traders also have massive potential for gains when trading forex. If you’re a trader living in Portugal and thinking...

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet
Bitcoin12 hours ago

Is Bitcoin Bottom In? This On-Chain Condition Hasn’t Been Met Yet

A Bitcoin on-chain metric still hasn’t formed the same condition as in the previous bottom, suggesting that the current low...

Kevin O’Leary paid $15 million as a FTX spokesperson, but lost it all Kevin O’Leary paid $15 million as a FTX spokesperson, but lost it all
Bankruptcy12 hours ago

Kevin O’Leary paid $15 million as a FTX spokesperson, but lost it all

Kevin O’Leary paid $15 million as a FTX spokesperson, but lost it all Soumen Datta · 2 hours ago ·...

Simply Business Insurance Review Simply Business Insurance Review
Uncategorized12 hours ago

Simply Business Insurance Review

Simply Business Insurance Ratings at a Glance Product Offerings Simply Business Customer Service Simply Business Claims Support Simply Business Pricing...

Best Cheap Seasonal Motorcycle Insurance Best Cheap Seasonal Motorcycle Insurance
Uncategorized12 hours ago

Best Cheap Seasonal Motorcycle Insurance

All riders will agree that there is nothing like hitting the open road on your motorcycle. It is an indescribable...

Hiscox Insurance Review Hiscox Insurance Review
Uncategorized12 hours ago

Hiscox Insurance Review

If you own a small business, you likely want to do all you can to ensure that it is protected...

Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure
Exchanges13 hours ago

Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure

Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure Josh O’Sullivan · 3 hours ago ·...

MATIC Price Battles Under $1 Despite Bullish Signals MATIC Price Battles Under $1 Despite Bullish Signals
Cryptocurrency news14 hours ago

MATIC Price Battles Under $1 Despite Bullish Signals

The Polygon (MATIC) price momentum registered a positive shift over the last 24 hours. The altcoin gained close to 3%....

Layer 2 networks see jump in dApp migration; the reason might surprise you Layer 2 networks see jump in dApp migration; the reason might surprise you
Altcoins14 hours ago

Layer 2 networks see jump in dApp migration; the reason might surprise you

dApps have increased migration to layer 2 networks. Arbitrum continues to lead as the layer 2 network with the highest...

TRON [TRX] is ready for a further rally; investors can profit from this level TRON [TRX] is ready for a further rally; investors can profit from this level
Altcoins15 hours ago

TRON [TRX] is ready for a further rally; investors can profit from this level

TRX was in a bullish market structure. A break of the current support resistance at the 38.2% Fib level ($0.5345)...

Waves down 12% as Upbit issues investment warning Waves down 12% as Upbit issues investment warning
Stablecoins16 hours ago

Waves down 12% as Upbit issues investment warning

Waves down 12% as Upbit issues investment warning Christian Nwobodo · 5 hours ago · 1 min read Upbit has...

Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows  Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows 
Analysis16 hours ago

Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows 

Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies...

Bitcoin Whales Dump 20,000 BTC On The Market, Sell Side Strengthens Bitcoin Whales Dump 20,000 BTC On The Market, Sell Side Strengthens
Bitcoin16 hours ago

Bitcoin Whales Dump 20,000 BTC On The Market, Sell Side Strengthens

The Bitcoin price action remains stalled as the cryptocurrency moves in a tight range; uncertainty is king in the current...

Research: Bitcoin, Ethereum derivatives are unwinding Research: Bitcoin, Ethereum derivatives are unwinding
bitcoin futures17 hours ago

Research: Bitcoin, Ethereum derivatives are unwinding

Research: Bitcoin, Ethereum derivatives are unwinding Andjela Radmilac · 6 hours ago · 3 min read Data analyzed by CryptoSlate...

Trending

Free Bitcoin MiningEarn from $50 to $75 daily with just your phone