#green metaverse crypto price prediction

[bettreworld]

A Green Metaverse is REQUIRED.

[ailtrahq]

The daily count of MANA transactions above $100,000 climbed to a three-month high on 25 September.  While this signals renewed whale interest, its price has failed to respond. MANA, the native coin of leading metaverse-based protocol Decentraland, logged a three-month high in its daily count of whale transactions that exceeded $100,000 during the intraday trading session on 25 September, data from Santiment showed.  🐳 #Linear and #Decentraland have had fairly unassuming price performances in 2023. But they have highlighted an uptick in #altcoin whale transactions that are showing on @santimentfeed's dashboards to start the week. pic.twitter.com/mgEhezTrNw — Santiment (@santimentfeed) September 25, 2023 According to the data provider, a total of 24 transactions involving MANA, each valued above $100,000, were completed. This represented a 96% surge from the one transaction of that nature recorded the previous day.  Read Decentraland’s [MANA] Price Prediction 2023-2024 MANA fails to react? A surge in an asset’s whale transactions suggests that large investors are increasing interest in it, which could be a sign of bullish sentiment for the token. It often precipitates a short-term rally for most crypto assets. However, even after 24 hours MANA’s price has failed to react. The token exchanged hands at $0.29 at press time, growing by just 1%. With the market considerably “choppy” in the last month, the alt’s price has oscillated between $0.31 and $0.29 in the past 30 days. The market for an asset is said to be choppy when its price moves up and down in a narrow range with no clear trend.  Due to the sideways price movements, accumulation among daily traders has slowed. With many traders staying away from completing trades, the token’s key momentum indicators have fallen below their respective center lines. A look at the charts Trending downward at press time, MANA’s Chaikin Money Flow (CMF) was -0.06. A negative CMF value connotes weakness in the market, as it signals liquidity exit from the spot market. If sentiment grows poorer and MANA’s CMF slips further, its price might witness more decline. Moreover, the token’s Relative Strength Index (RSI) was 49.30 as of this writing. Positioned below its 50 center line and trending downward, selling pressure outpaced accumulation among spot traders. Source: MANA/USDT on TradingView Apart from the general market’s sideways movement, assessing how profitable MANA transactions have been in the last month offered better insights into why the market has been relatively stagnant.  Is your portfolio green? Check the MANA Profit Calculator The token’s Market Value to Realized Value (MVRV) ratio – which measures the average profit or loss of all holders of a cryptocurrency – has been less than one in the past month. In fact, it has been below one in the last year.  Source: Santiment When an asset’s MVRV is less than 1, the asset is deemed to be undervalued, and many of its holders would sell below their cost basis, thereby realizing losses if they let go of their holdings at the asset’s current price.  Source

[bitcofun]

This week in crypto, Kraken said that February could be a green month, BTC climbed above USD 45k with analysts seeing a bull long-term too, while JPMorgan said its fair price is USD 38,000, then a survey predicted the doubling of ETH price this year, XRP rallied as new court orders offered hope that the Ripple-SEC case may end soon, AXS and SLP moved up as Axie Infinity drastically reduced the daily issuance of SLP, LEASH jumped as Shiba Inu entered metaverse, and we looked at what’s behind the KPMG bitcoin and ethereum hype, as well as if it’s early or too late to invest in bitcoin, per Wells Fargo. Meanwhile, Tesla reported USD 101m of impairment loss from BTC investments in 2021. As Ukrainian hacker groups and traditional resistance movements are increasingly using crypto, two individuals were arrested for an alleged conspiracy to launder BTC stolen in the 2016 Bitfinex hack, and the UN said that North Korea is still hacking crypto exchanges to fund its weapons program, but the country denied it and called the US the world’s ‘king of hacking and theft’. Meanwhile, crypto exchanges are now the largest consumers of Bitcoin block space.Aave and Twitter's Bluesky moved towards a new, decentralized social media standard, Gartner predicted that people ‘will spend 1 hour a day in metaverse in four years’ time, Coin Metrics found that the NFT prices are ‘relatively independent' of the broader crypto market, a Florida home is set to be auctioned off as an NFT, and five crypto platforms and one DAO are set to air ads during the Super Bowl Sunday in the US.As the FTX boss testified that more regulatory clarity would attract crypto investors to the US, a US House hearing on stablecoins and crypto revealed a sharp divide on the approach to regulation. The Russian government is set to launch a bill that calls bitcoin and crypto a currency analog, Hong Kong regulators and the government are thinking about introducing new rules to police the crypto sector, and El Salvador is thinking about BTC bond issuance in March and BTC loans for SMEs, while a state-owned bank there is handed out a 1.5m loan to a crypto firm accepting 200 bitcoin ATMs as collateral. Also, it appears that not all Olympic Games attendees have been blown away by the digital yuan’s usability. The Russian government estimated that imposing a tax on crypto-related transactions may generate USD 13.3bn in revenue, Kazakhstan unveiled measures aimed at taxing the Bitcoin mining sector, and some crypto transactions could be hit with a 20% tax in Venezuela as a new law passes. Meanwhile, US Senator Debbie Stabenow raged over Bitcoin’s less than 0.08% carbon footprint, while a Polish miner commercialized technology using solar panels for mining Bitcoin while heating the house.Let’s laugh at some jokes now, selected just for you.__________GM, CT! How are you feeling this week?Source: u/Acrobatic_Ad_5208 / Reddit__Let’s check out some thoughts on BTC.__Meanwhile, in the markets: __Ready position.__That’s steep….__‘Have you heard about our savior Satoshi?’__                     At the speed of lightning!__Look, if Morgan Freeman says it, it’s practically science.Source: u/Harrison108 / Reddit__A very mundane event, if you will.__Try making crypto videos.__We can always try.__Non-fungible indeed.__Just a glimpse really.__In the words of a wise commenter: “When Prius?”Source: u/Octopus_Seven_Two / Reddit__Heeere’s bitcoin!__The truest words ever spoken.__In addition to your rapping and Web 3 developing careers of course.__Damn! That’s a lot.__What an exquisitely random question. Accompanied by an accurate reply.__And here’s the actual footage of catching the suspected BTC-laundering duo. Read More

[joshuajacksonlyblog]

Minimal Movement as Crypto Markets Find New Plateau

FOMO Moments

Markets a licking wounds from yearly lows; altcoins clawing back a little.

Cryptocurrency markets are flattening out and are not bouncing back. There has been a small recovery since the lowest level of the year a couple of days ago, but nothing significant enough to indicate that the weather is about to clear in crypto land.

Bitcoin has held above $4,500 and is inching towards $4,600 trading just a percent higher on the day at $4,580. A number of analysts had predicted this price level so it may well be stuck here for a while. BTC trade volume is falling and market cap remains under $80 billion. Ethereum is still in a bad place, having remained static on the day ETH is still at $135.

Altcoins are showing green gains at the moment but none of them are indicative of a rally. In the top ten Litecoin has more than 2% on the day, but it along with Cardano fell the hardest so it really doesn’t mean much. Bitcoin Cash is still in the red falling another 3%, the tech woes both forks have had since their split have kept prices on the floor, around $230.

Nem is showing the biggest movement in the top twenty at the moment with a 4% rise. A couple of other altcoins are recovering over 3% on the day and they include Dash and Tezos. Zcash and Bitcoin Gold are still falling over 3% since yesterday.

Big fomo pumps are happening for Nexo, Loopring and Golem all up 15-17 percent at the time of writing. Dumping double figures at the other end of the top one hundred chart is Metaverse ETP.

Total crypto market capitalization is pretty much at the same level it was this time yesterday, around $149 billion. Trade volume has slid from $23 to $16 billion indicating that things are slowing down again and markets may have found their new plateau for now. In fifteen days a third of the cryptocurrency market has been wiped out resulting in a loss of over $70 billion since November 7.

Bitcoin dominance, despite its fall, is currently at 53.2% as most of the pain has been felt by Ethereum and Bitcoin Cash.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

The post Minimal Movement as Crypto Markets Find New Plateau appeared first on NewsBTC.

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[michaelbennettcrypto]

Minimal Movement as Crypto Markets Find New Plateau

FOMO Moments

Markets a licking wounds from yearly lows; altcoins clawing back a little.

Cryptocurrency markets are flattening out and are not bouncing back. There has been a small recovery since the lowest level of the year a couple of days ago, but nothing significant enough to indicate that the weather is about to clear in crypto land.

Bitcoin has held above $4,500 and is inching towards $4,600 trading just a percent higher on the day at $4,580. A number of analysts had predicted this price level so it may well be stuck here for a while. BTC trade volume is falling and market cap remains under $80 billion. Ethereum is still in a bad place, having remained static on the day ETH is still at $135.

Altcoins are showing green gains at the moment but none of them are indicative of a rally. In the top ten Litecoin has more than 2% on the day, but it along with Cardano fell the hardest so it really doesn’t mean much. Bitcoin Cash is still in the red falling another 3%, the tech woes both forks have had since their split have kept prices on the floor, around $230.

Nem is showing the biggest movement in the top twenty at the moment with a 4% rise. A couple of other altcoins are recovering over 3% on the day and they include Dash and Tezos. Zcash and Bitcoin Gold are still falling over 3% since yesterday.

Big fomo pumps are happening for Nexo, Loopring and Golem all up 15-17 percent at the time of writing. Dumping double figures at the other end of the top one hundred chart is Metaverse ETP.

Total crypto market capitalization is pretty much at the same level it was this time yesterday, around $149 billion. Trade volume has slid from $23 to $16 billion indicating that things are slowing down again and markets may have found their new plateau for now. In fifteen days a third of the cryptocurrency market has been wiped out resulting in a loss of over $70 billion since November 7.

Bitcoin dominance, despite its fall, is currently at 53.2% as most of the pain has been felt by Ethereum and Bitcoin Cash.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

The post Minimal Movement as Crypto Markets Find New Plateau appeared first on NewsBTC.

from Cryptocracken WP https://ift.tt/2qYxSRF via IFTTT

[brettzjacksonblog]

Minimal Movement as Crypto Markets Find New Plateau

FOMO Moments

Markets a licking wounds from yearly lows; altcoins clawing back a little.

Cryptocurrency markets are flattening out and are not bouncing back. There has been a small recovery since the lowest level of the year a couple of days ago, but nothing significant enough to indicate that the weather is about to clear in crypto land.

Bitcoin has held above $4,500 and is inching towards $4,600 trading just a percent higher on the day at $4,580. A number of analysts had predicted this price level so it may well be stuck here for a while. BTC trade volume is falling and market cap remains under $80 billion. Ethereum is still in a bad place, having remained static on the day ETH is still at $135.

Altcoins are showing green gains at the moment but none of them are indicative of a rally. In the top ten Litecoin has more than 2% on the day, but it along with Cardano fell the hardest so it really doesn’t mean much. Bitcoin Cash is still in the red falling another 3%, the tech woes both forks have had since their split have kept prices on the floor, around $230.

Nem is showing the biggest movement in the top twenty at the moment with a 4% rise. A couple of other altcoins are recovering over 3% on the day and they include Dash and Tezos. Zcash and Bitcoin Gold are still falling over 3% since yesterday.

Big fomo pumps are happening for Nexo, Loopring and Golem all up 15-17 percent at the time of writing. Dumping double figures at the other end of the top one hundred chart is Metaverse ETP.

Total crypto market capitalization is pretty much at the same level it was this time yesterday, around $149 billion. Trade volume has slid from $23 to $16 billion indicating that things are slowing down again and markets may have found their new plateau for now. In fifteen days a third of the cryptocurrency market has been wiped out resulting in a loss of over $70 billion since November 7.

Bitcoin dominance, despite its fall, is currently at 53.2% as most of the pain has been felt by Ethereum and Bitcoin Cash.

FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

The post Minimal Movement as Crypto Markets Find New Plateau appeared first on NewsBTC.

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