Archiv der Kategorie: Fussball

Crypto Market Soars as Decentraland and The Sandbox Lead the Charge

• Decentraland (MANA) and The Sandbox (SAND) are the biggest crypto gainers today.
• Decentraland (MANA) is an ERC-20 token and LAND is a non-fungible ERC-721 token that are critical to the success of the Decentraland project.
• MANA/USD is currently facing a rejection offered by the 50-day SMA as bulls attempt to flip this resistance into support.

Cryptocurrency markets have been on a rollercoaster ride this past week, with the global cryptocurrency market capitalization standing at $822.98 billion on Sunday, January 8, down 0.24% from the previous day. Despite this, some projects have been able to record impressive gains, with Decentraland (MANA) and The Sandbox (SAND) emerging as the biggest crypto gainers today.

Decentraland is a popular Metaverse platform that runs on the Ethereum ecosystem. It uses two tokens – MANA, an ERC-20 token, and LAND, a non-fungible ERC-721 token – both of which are critical for the success of the Decentraland project. At the time of writing, MANA is trading for $0.36, up 19% in the last week and 9% in the last fortnight.

The bullish trend of the MANA token is expected to continue, with the token attempting to break past a consolidation below the $0.35 level. Currently, the price is facing a rejection offered by the 50-day SMA as bulls attempt to flip this resistance into support. If they succeed, MANA price will set its eye on the next resistance levels around the $0.40 and $0.45 marks.

The Sandbox is another project that has seen significant growth in the last few days. The blockchain-based virtual world allows its users to create, own, and monetize their own virtual worlds and gaming experiences. The SAND token is currently trading at $0.46, up 6.5% in the last week and 21% in the last fortnight.

Other projects that are recording impressive achievements in their presale stages are FightOut, Dash 2Trade, Calvaria, and RobotEra. With the cryptocurrency market becoming increasingly crowded, projects like these will be worth watching in 2023.

Crypto CEOs Resign in Mass Exodus Amidst Market Decline

• In 2022, a number of well-known CEOs left their positions as the heads of crypto-focused companies, including Sam Bankman-Fried of FTX, Alex Mashinsky of Celsius, Michael Saylor of MicroStrategy, and Jesse Powell of Kraken.
• The mass exodus started in 2022 when the cryptocurrency market started to fall.
• Whitney Gibbs, CEO of Compass Mining, and Chief Finance Officer Jodie Fisher announced their resignations in June due to Compass not paying the hosting and power fees associated with a facility in Maine.

The year 2022 marked a tipping point for the cryptocurrency market. As prices began to decline, a mass exodus of CEOs from crypto-focused companies began. Sam Bankman-Fried of FTX, Alex Mashinsky of Celsius, Michael Saylor of MicroStrategy, and Jesse Powell of Kraken all stepped down from their positions. These departures were due to a number of factors, such as the volatility of the market and the entry of these companies into a new phase.

The decline of the market was also responsible for the bankruptcy of a number of businesses, including Three Arrows Capital, Voyager Digital, and FTX. However, Do Kwon, CEO of Terraform Labs, refused to resign or vacate his position and instead fled abroad.

Whitney Gibbs, CEO of Compass Mining, and Chief Finance Officer Jodie Fisher announced their resignations in June due to Compass not paying the hosting and power fees associated with a facility in Maine owned by Dynamics Mining. Dynamics accused Compass of not paying them $250,000 for 3 months of power use.

The decline of the cryptocurrency market during this time period caused a lot of disruption amongst the leadership of crypto-focused companies. CEOs and CFOs left their positions due to the volatility of the market and the bankruptcy of several companies. Despite the chaos, some leaders were able to remain and adjust their strategies to weather the storm.

Celo Price Prediction: Bullish Movement Possible Above $0.50 Resistance Level

• Celo price prediction for December 29th is that it may continue to show a bullish movement if the coin could rise above the $0.50 resistance level.
• Celo price is attempting to create a new positive trend above the 9-day and 21-day moving averages, and traders may expect a bullish continuation above the $0.50 resistance level.
• Potential resistance levels for the Celo price are $0.75, $0.85, and $0.95 respectively.

The Celo price prediction for December 29th is that it may continue to show a bullish movement if the coin could rise above the $0.50 resistance level. At the time of writing, the Celo price is standing at $0.47 and its market cap is $227.1 billion. Moreover, the circulating supply of the coin is 478.8 million and its total supply is 1 billion. According to Coinmarketcap, the coin is currently ranked #102.

In order to create a positive trend in the market, the Celo price needs to rise above the 9-day and 21-day moving averages. The Relative Strength Index (14) is showing positive signs of crossing the 40-level which may indicate a bullish continuation in the future. If the Celo price succeeds in reaching the upper boundary of the channel, the potential resistance levels will be $0.75, $0.85, and $0.95 respectively.

Although the Celo price has seen some positive movement in the past few days, the coin still needs to break above the $0.50 resistance level in order to make significant gains. Moreover, if the bearish pressure continues and the coin fails to break above the resistance level, the price may retrace to the lower boundary of the channel and the potential support levels will be $0.30, $0.20, and $0.10.

Overall, the Celo price prediction for December 29th is that it may continue to show a bullish movement if the coin could rise above the $0.50 resistance level. The technical indicators are also showing signs of a possible bullish continuation, so traders should be cautious and keep an eye on the market movements.

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