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Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Netvrk is a metaverse with a user-friendly interface and low cost of entry with opportunities for users to monetize. Learn more with our “What Is Netvrk?” guide. Covered: What Is Netvrk? Features of Netvrk Partners & Team Tokenomics What Is Netvrk? Described as an open “sandbox” virtual metaverse and comparable to Decentraland, Netvrk is a […]
The post What Is Netvrk? appeared first on CryptosRus.
Wilder World is a metaverse that’s said to be comparable to Ready Player One. Learn more about this project with our “What Is Wilder World?” guide. Covered: What Is Wilder World? Features of Wilder World Partners & Team Tokenomics What Is Wilder World? Metaverse and NFT markets have gained popularity even during the Bitcoin Crash. […]
The post What Is Wilder World? appeared first on CryptosRus.
Unreal Engine 5 is the latest game engine from Epic Games. Unreal Engine is the most popular game engine, with many AAA games utilizing it in their production. With Unreal Engine 5, teams are incentivized to build big, immersive, and ultra-realistic applications perfect for Metaverse crypto projects. This article looks at a few Metaverse crypto […]
The post Top 3 Metaverse Crypto Coins Built With Unreal Engine 5 appeared first on NullTX.
As Bitcoin’s price breached the $44,000 mark on Feb. 7, a significant milestone was achieved, signaling a robust recovery to levels seen before the launch of spot Bitcoin ETFs. This price recovery marks a notable comeback and brings a renewed sense of confidence among investors, as evidenced by the accompanying spike in unrealized profits across […]
The post Bitcoin above $44k spurs market confidence with spike in unrealized profits appeared first on CryptoSlate.
Bitcoin crossed $60,000 on Feb. 28 in a remarkable one-day candle, posting a 20% increase in just three days. However, the short stint at this level means we’ll have to wait another 24 hours before any meaningful on-chain data becomes available. However, the possibility of a correction within the next 24 hours can be analyzed, […]
The post The Bitcoin market faces a critical moment amid soaring unrealized profits appeared first on CryptoSlate.
Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite. The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 [...]
The post Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite appeared first on Crypto Breaking News.
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoins rally above $97,000, with $15 billion in unrealized gains.
Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback. Related Reading: Chainlink Whales Waking Up Data Shows Signs Of Accumulation Key data from CryptoQuant reveals that traders’ unrealized profit margins are climbing, indicating that the market may be nearing a short-term peak. High unrealized profit levels typically signal that a correction could be on the horizon as investors look to secure gains. However, given the current strength of Bitcoin’s price action, the timing and scale of any correction remain uncertain. With Bitcoins price momentum showing few signs of slowing down, the coming days will be crucial in determining whether the market can sustain these levels or if a healthy retrace is in store. Investors are closely watching for potential entry points and key support levels, knowing that even minor dips could trigger strong buying interest as Bitcoins bullish phase persists. Bitcoin Strong Move About To Pause? Bitcoins price action has been remarkable, surging 38% since the U.S. election and capturing widespread attention with its unrelenting bullish momentum. However, this aggressive rally may be approaching a temporary pause, as data hints at a potential correction. CryptoQuant’s head of research, Julio Moreno, recently shared a compelling chart highlighting Bitcoin traders unrealized profit margins, which have reached 47% a level that has often preceded price pullbacks. High unrealized profit margins can indicate that traders are sitting on significant gains, raising the likelihood of profit-taking that could trigger a market cooldown. Morenos analysis notes that this metric tends to correlate with a heightened risk of a correction when it surpasses certain thresholds. For instance, prior peaks in March reached 69%, while December 2023 saw unrealized profits hit 48%, both instances that led to notable corrections shortly after. Still, the current 47% level suggests that, while caution may be warranted, Bitcoins bullish phase still has room to run. Past cycles demonstrate that the market has tolerated even higher unrealized profits before reversing. The data implies that while a pullback may be on the horizon, Bitcoin could continue its upward trend a bit longer before any significant cooling occurs. Related Reading: Dogecoin Could Target $2.4 If Price Aligns With Macro Pattern Details In the coming days, investors will be watching closely for any signs of a consolidation phase or a potential retracement. Should Bitcoin maintain strong support levels, continuing this bull run remains plausible. However, if profit-taking intensifies, a correction could provide a healthy reset for Bitcoin to gather momentum for future gains. BTC Breaking ATH Almost Every Day Bitcoin has shattered its all-time high seven times over the past eight days, fueling a highly bullish sentiment across the market. Currently trading at $90,620 after peaking at $93,483, Bitcoins price action remains strong, signaling sustained buying momentum. This surge has set a notably optimistic tone, but a brief correction period could provide a necessary reset after such an extended upward push. Given the high buying pressure, a short-term pullback to establish a new market equilibrium would be a healthy development. This could allow Bitcoin to test lower demand levels and establish stronger support areas for its next leg up. If profit-taking intensifies in the near term, BTC could revisit the $85,000 mark as it seeks to stabilize. Related Reading: Bitcoin Weekly RSI Entering Power Zone Last Time BTC Soared 80% In the coming days, investors will likely watch for this potential consolidation phase to gauge Bitcoins resilience. A successful retest of support around $85,000 would reaffirm confidence in the ongoing bull market, providing a stronger foundation for Bitcoin to push toward even higher levels. Overall, while the trend remains bullish, a balanced correction may be just what the market needs to maintain its momentum over the long term. Featured image from Dall-E, chart from TradingView
Unreal 6 is being designed as a platform for metaverse development.
NVIDIA introduces new Unreal Engine 5 plugins for AI-powered MetaHuman characters, simplifying deployment with ACE technology. (Read More)
Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME). According to an announcement via Twitter on May 5, Pudgy Penguins is looking to spread its intellectual property across film, TV, and gaming. We’re proud to announce that @WME will be representing us [...]
The post Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more…. appeared first on Crypto Breaking News.
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according to the Fed’s Division of Supervision and Regulation. 722 Banks [...]
The post Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow appeared first on Crypto Breaking News.
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known [...]
The post ‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks appeared first on Crypto Breaking News.
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