MANA, Decentraland's native cryptocurrency, has seen an impressive 70% price increase over the past week. This MANA crypto price surge is part of a broader rally in Metaverse-related tokens, which has caught the attention of the market.
With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.
The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.
For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.
The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
Privacy-focused cryptocurrencies like Monero and Zcash might be poised for significant growth this November. Transaction volumes for these coins have increased on ChangeNOW, a platform that allows cryptocurrency exchanges without registration.
Decentraland has introduced Decentraland 2.0 beta for desktop clients.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days.
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation.
TL;DR The use of privacy tokens offers a solution to improve financial confidentiality, protecting the identity of users. Monero, Zcash, and Dash are examples of assets that implement advanced technologies to ensure greater anonymity in transactions. These tokens face an increasingly hostile regulatory environment, which could limit their adoption among users who value financial freedom.
Bitcoin failed to hold above $62,000 as the crypto prices continued to battle sell-off pressure in a month that has historically been bullish. Several altcoins are however likely to mirror BTC's holding of support near $60k, including Tron (TRX), Worldcoin (WLD) and Decentraland (MANA).
Privacy coins like Monero (XMR) and ZCash (ZEC) have faced widespread delistings in 2024, with 60 removals from exchanges, the highest since 2021, due to increasing regulatory pressure.
A study published in the Journal of Cybersecurity recommends that governments focus on cryptocurrencies, particularly privacy coins, to address money laundering.
Privacy tokens underwent nearly 60 delistings by centralized exchanges this year, a record since 2021, according to a recent Kaiko report. The report tracked Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC).
Several altcoins, including Dogwifhat, Worldcoin, and Zcash, posted gains, as Bitcoin eyes the critical resistance near $64K.
Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.
Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield. PeckShield says hackers took control of Decentraland's social media account on X and promoted a fake MANA airdrop. The aim of the scheme was to get people to visit a phishing site that collects details of their digital wallets.
Users were tricked into connecting their wallets to a phishing site, leaving them vulnerable to financial loss.
Decentraland's X account was hacked to promote a phishing scam advertised as a MANA airdrop.
Decentraland's X account was compromised in a phishing attack. PeckShield warns users to avoid interacting with the compromised account.
Decentraland's official X account was hacked, which allowed the attackers to distribute a phishing link masquerading as a MANA token airdrop.
Virtual reality-focused project Decentraland's X account was compromised earlier today to promote phishing links. According to PeckSheild alert, on Sept.
The fraudulent post on Decentraland's X account promoted a fake MANA airdrop with a phishing link, prompting users to connect their cryptocurrency wallets to claim the tokens.
PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
MANA reclaimed key support at $0.26, but that alone might not work out!
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
Crypto exchange NoOnes bucks regulatory crackdown on privacy coins, adding Monero, Zcash to its platform.
Story Highlights The live price of the Zcash token is ZEC price could hit its potential high of $61.12 by the end of 2024. Zcash price with a potential surge could go as high as $220.46 by the end of 2030. Zcash is a decentralized and open-source cryptocurrency that offers transparency and privacy of transactions.
While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn't have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip side, zcash (ZEC) took the hardest hit, plummeting 28.63% during the same period.
Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal.
GeForce NOW adds 'Visions of Mana', 'Star Wars Outlaws', and 'Call of Duty: Black Ops 6' Open Beta to its cloud gaming library.
The cryptocurrency market welcomed 2024 with bullish promises for each sector, and experts anticipated historical all-time highs this year. Metaverse project Decentraland (MANA) seemed to have all it takes for a bull ride, though the outcome hasn't been as encouraging.
The cryptocurrency market has experienced a cooling phase as Bitcoin (BTC) consolidates gains after hitting $64,996. This market cool-off has led to notable dips in altcoins like Zcash (ZEC), Monero (XMR), and Klaytn (KLAY) as the global crypto market cap dropped 0.26% to $2.24 trillion.
Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy.
ZCash's recent price jump is the return of its founder, Zooko Wilcox. In December 2023, Wilcox stepped down from his role as CEO of the Electric Coin Company, which develops ZCash.
Privacy-focused cryptocurrency Zcash topped the crypto charts recently. But that's no surprise because of these two main reasons.
Zcash (ZEC) price continued from where it stopped last week, reaching a new yearly high on Monday before its recent pullback. On the mentioned date, the privacy coin hit $45.45.
Zcash has experienced a dramatic rise, showcasing one of the most impressive bullish runs among cryptocurrencies. On July 5, the coin traded at a low of $15.78, but by August 12, it had soared to a high of $43.44.
Compared to the past month, the native token of the Decentraland platform has fallen by 15%. However, over the past week, it has increased by approximately 4%.
However, one should not get carried away by excessive enthusiasm: these are remarkable performances only in the short term
ZEC, HNT and SUI produce double and triple-digit gains even as the wider crypto market continues to reel from last week's sharp correction.
Zcash looks set to give up some of its recent gains as profit-taking commences.
Zcash founder joins Shielded Labs to expedite the transition to a hybrid PoS consensus. The upgrade aims to enhance network security, reduce transaction times, and energy efficiency.
According to the founder of the Zcash protocol, the PoW blockchain could undergo an upgrade to Proof of Stake.