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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

The BNB Hackathon in Bangkok concluded with innovative blockchain solutions, awarding top projects like opMatch and BNB Defi Aggregator. A prize pool of $230,000 was shared among participants.

BNB Chain is set to host a series of engaging events at DevCon 2024 in Bangkok, including hackathons, incubation programs, and community activities, fostering innovation in the Web3 space.

BNB Chain's Most Valuable Builder (MVB) program partners with Google Cloud, enhancing support for Web3 projects with substantial cloud credits to boost decentralized application development.

Google Cloud has partnered with BNB Chain to help new Web3 projects thrive. The MVB Program is focused on helping up to 40 projects build dApps” on the BNB Chain.