The weekend's correction might have finished, according to CoinStats.

VeChain (VET) has maintained strong gains across multiple timeframes despite recent daily correction, with technical analysts projecting a potential 30% price increase to $0.056 by early 2025.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?

Binance coin (BNB) has made positive progress while maintaining its horizontal trend.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.

Strategic purchases during market dips have fueled BNB's breakout beyond $600.

Binance Coin (BNB) has been on a strong upward trend, crossing significant resistance levels to reach $662. Now, analysts suggest that the cryptocurrency could climb even higher, with a target of $1630.

VeChain (VET) has been on a tear lately, surging over 45% in the last 24 hours.

BNB has successfully broken out of a bullish flag and pole price action pattern.

Binance Coin (BNB) has been one of the most influential and widely used cryptocurrencies, with its value closely tied to the growth of Binance, the largest crypto exchange in the world. As of November 2024, BNB is priced around $609.73, showing strong performance amid a general market recovery.

Ripple's momentum will decide if its resurgence marks a breakout or echoes past cycle pitfalls.

With notable gains in recent days, Ripple's native token, XRP, has crossed the $1.5 level for the first time since 2021. However, based on its price action and performance, it appears that the XRP price rally is likely to continue in the coming days until it reaches the next resistance level of $2.

Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?

VeChain (VET) has had a rough ride, stuck in a downward trend for months. But recently, it's starting to show signs of life. After seven months, VET has broken out, riding the wave of a broader crypto market recovery. But is this a sign of something bigger? Let's take a closer look.

As the price of popular cryptocurrency XRP continues its relentless rise, smashing one high after another, it finally reached the $1.50 point today, where holders decided to unload some of their holdings, triggering a cascade of liquidations and dragging the price down 9.88% to $1.35 in just one hour.

FTT, the native token of the bankrupt FTX exchange, surged 36% to a high of $2.96, following FTX's court-approved reorganization plan.

Story Highlights FTX reveals its $8 billion repayment plan, to begin in March 2025. The FTT price soars 30% in 24 hours with a 284% jump in trading volume. Technical sentiments record increased positive action, hinting at retesting a higher price target.

After nearly two years of waiting, FTX creditors finally see light at the end of the tunnel. The reorganization plan is set to begin in January 2025.

FTT, the native token of the bankrupt cryptocurrency exchange FTX, has experienced a 36% price surge in the past 24 hours. It now trades at a monthly high of $2.61.

Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

The price action of BNB confirmed the floor with a double bottom on the weekly timeframe.

Alephium reinforces its commitment to the multichain world with the launch of its new bridge to the BSC (Binance Smart Chain). One year after the introduction of the bridge to Ethereum, Alephium is proud to announce this new connection with the rich and vast crypto universe of BNB Chain.

Binance Coin (BNB) price is gaining bullish momentum. The token steadily approaches a crucial resistance level, signaling a potential breakout.

Binance Coin (BNB) has stayed above $600 since November 8 but has struggled to retest $700 or near its all-time high.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

VeChain's price breakout sparks excitement, but sustaining momentum hinges on critical resistance levels.

The altcoin is in pump by +35% compared to a month ago.

A correction may have begun on the market, according to CoinStats.

Binance Coin (BNB) has experienced significant upward momentum throughout November, gaining 22% and riding the broader cryptocurrency rally. However, this week saw a slight pullback as BNB dropped 7%, touching the crucial $606 support level.

BNB price recoiled to $622 on Friday, November 15 as the recent bull run faded. It has dropped by over 6% from its highest level this week, bringing its market cap to $89 billion.

BNB maintains stability above $620 support level while forming a bullish trend line, with multiple technical indicators suggesting potential upward movement pending a break above key resistance levels.

BNB's bullish breakout may spark optimism as analysts have a key target in mind.

BNB price struggled to clear the $665 resistance zone. The price is consolidating and might aim for a fresh increase above the $635 level.

BNB Chain introduces BC Fusion, merging BNB Beacon Chain and BNB Smart Chain. Explore how bnbburn.info continues to track BNB burns and its impact on circulating supply.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

BNB maintains $600 support, setting up for a 19% push to new highs.

Binance announces a zero-fee trading promotion for ADA/JPY, DOGE/JPY, and XRP/JPY pairs, starting November 15, 2024. The initiative aims to enhance trading activity with Japanese yen pairs.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

BNB Chain invites participation in voting for the BIA winner at DevCon in Bangkok, offering a $1,000 BNB reward. Join the live session and cast your vote to influence blockchain innovation.

BNB price remained in a tight range on November 13 even as Bitcoin made a strong bullish breakout to a new all-time high. Binance Coin was trading at $635.35, a few points below this week's high of $666.60 as some analysts predicted that it was on the verge of a multi-year breakout, potentially to $2,000.