Bitcoin Volatility Fades Away; Analyst Who Predicted Bitcoin Drop to 35000 Points Out Top Most Promising Privacy Coins

In terms of seasonality, May is considered a relatively successful month for BTC. Given the current risk aversion among investors and the macroeconomic environment, this May may prove to be different. 


Those accustomed to Bitcoin’s extreme volatility are scratching their heads and looking forward to a rally similar to that of last year when the flagship cryptocurrency doubled in price from July to November’s all-time high. What happened to Bitcoin’s legendary volatility? The following are a few possible explanations. 


BTC Is Still Correlated, But to a Lesser Degree


As concerns grow over how aggressively the Federal Reserve should tighten policy to combat decades-high inflation, richly valued tech stocks have been experiencing historic volatility. Bitcoin, however, hasn’t been battered to the same extent.


The chart below measures systematic risk by looking at how Bitcoin’s returns correlate with the market. As of right now, its value is 0.0362, which indicates that it is moving in sync with the benchmark, but not as drastically.




Bitcoin Volatility Vanishes


I wrote in December that institutional investors might dampen the volatility of the crypto market and smooth out the market’s dynamics some time in the future, and it seems we are already witnessing that.


The Average True Range Index, a volatility indicator, shows that Bitcoin volatility has been falling and is currently at its lowest level since December 2020.




Top Performing Privacy Coins 


Over the past three months, the privacy coin sector with a combined value of $8.84 billion has posted an overall gain of 20.24% compared to weak or negative performance by other sectors during the same period.


Haven Protocol (XHV)


Haven Protocol posted the biggest gain over the last three months, rising 135.23%. With a market cap of $75,268,861, it traded at $3.04 at the time of writing.


Built on Monero and including xUSD, the world’s first private stablecoin, Haven aims to become an open, private, and decentralized offshore bank, with a mint-and-burn mechanism that allows users to convert between XHV, Haven’s native token, and its ecosystem of synthetic assets and algorithmic stablecoins.

Source: CoinGecko 


Monero (XMR)


Monero (XMR) is the most popular privacy-centric cryptocurrency based on the CryptoNote protocol, a secure and untraceable system. All of Monero’s transactions remain 100% unlinkable and untraceable thanks to a special kind of cryptography.


XMR was worth $221.24 when this article was written, with a market capitalization of $4,006,536,770. For the past three months, it gained 49.81% and outperformed Bitcoin by 40.49%.


Monero is nearing its tail emission on June 8, which is expected to appeal to the mining community and keep the price of XMR high.


Source: CoinGecko 

Railgun (RAIL)


Railgun provides privacy for trading on DEXs and lending due to its fully Eth layer-1 architecture, which does not use layer 2 nodes or cross-chain bridges to compromise security. It is a smart contract system that gives zk-SNARK privacy to any Ethereum transaction or smart contract interaction.

Railgun allows users to go untraceable when trading, using leverage platforms, or adding liquidity with any Ethereum dApp. 


Currently trading at $3.22 with a market cap of $184,773,805, RAIL is 23.5% away from its record high of $4.20 set in January 2022, so it’s likely it will soon retest the new high. 


Source: CoinGecko 


Zcash (ZEC)

Another privacy-preserving cryptocurrency, Zcash provides anonymous value transfer using zero-knowledge cryptography. The protocol provides the option of shielding transactions to ensure they are completely anonymous, or to make them transparent to show them on the Zcash blockchain. 


It has recently been revealed that Edward Snowden played a key role in the creation of Zcash privacy coin.


Source: CoinGecko 


In the past three months, ZEC gained 31.10% against the greenback and 23.04% against Bitcoin. With a market cap of $1,640,053,535, its price is currently $132.16, up 10% over the past 24 hours. 

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Radio Caca’s Vitaliy Tyan on the “truest” DAOs, NFTs, Metaverse, and Web 3.0 Reshaping Reality

Mike Ermolaev, Head of PR at ChangeNOW, conducted an exclusive interview with Vitaliy Tyan, the Head of Marketing at Radio Caca (RACA), a pioneer in the metaverse arena. He learned what drives giant DAOs like RACA to succeed, what the future of education will look like in the Metaverse, and how the organization plans to expand. They also discussed NFT interoperability and escapism in the Metaverse.

Radio Caca is a decentralized organization (DAO) run by internet-savvy individuals from around the globe who share a vision of building a brave new virtual world. It exclusively manages Maye Musk Mystery Box (MPB) NFT. Radio Caca has its own native RACA token for blockchain-based blockbuster game Metamon Island and for United States of Mars Metaverse (USM), one of the largest Metaverses on the BNB Chain. 


(Mike Ermolaev) – Can you describe how it feels like working in a DAO company in contrast to companies with a traditional corporate governance model? Are DAOs more or less flexible than traditional structures? 


(Vitaliy Tyan) – Great question. In my opinion, there are multiple factors that are involved in running a successful DAO company.


Factor #1: a community that is loyal, organic, and passionate about the vision. The origin story of the project matters because it shows the transparency, fairness, and integrity of the project. You can’t have a true DAO if any community members feel like second-rate citizens.  Radio Caca is one of the “purest” and “truest” DAOs because we are a fair-launch token. That means we did not pre-sell RACA tokens to anyone. Everyone, including the dev team, chose to get RACA at a market price just like everyone else. Everyone feels like a true member of the community and is devoted to it wholeheartedly. There is a unified vision and belief that RACA will continue to lead the world into the age of Web 3.0. 


Factor #2: a development team that delivers on its promises. Our dev team continuously develops our products and services. Our NFT marketplace, Metamon P2E, and Metaverse are on a world-class level. Because there is no question that our development team is exceptional, people can easily and confidently imagine that we will continue to accomplish more and more. This shows the community that not only is there passion but that there is real work being done. 


Factor #3: Leadership. Passionate Community + Development = Infinite Potential. Leadership must be laser-focused on continuously growing the community and adjusting development efforts to better serve the community. People are smart; they can clearly see if you walk the talk.


Factor #4: Transparency & Adaptability. Be transparent about successes and what is being worked on, or if there are any modifications. Continuously adapt. Be ready to make strategic pivots. Never fall prey to sunk cost fallacy. We are building a new world here, it’s always about doing what’s right for the community and not about having your personal opinions validated. 


Factor #5: Always Think Bigger. Some people make the wave, some people join the wave, and some people are not even aware that there is a wave. Make the wave or join the wave and make it bigger. Thinking small takes no courage. 


– Aside from the fantastic partnership with French Montana, whose huge following will now turn its attention to Radio Caca’s ecosystem, do you have any other major partnerships on the horizon? Are there any particular spheres where you see the greatest potential for future collaborations and partnerships?


– Anyone who has researched us and seen what we’ve done from the beginning and continue to do definitely knows that the Radio Caca ecosystem will continue to increase the number of its allies and partners. We will continue to bring in and onboard more and more people into our ecosystem. We will continue to create innovative offerings. 


So many top universities have partnered with us, we are planting very important seeds across top education institutions that will get the best and the brightest to build incredible things in our Metaverse. What we are doing with French Montana is unlike anything that’s out there – the drop will be the first of its kind. This is going to cause a cascade of positive changes in the music industry, too. 


We’ve recently been selected for Tachyon ConsenSys Mesh Accelerator as well. We are getting more and more people learning and joining our team in various roles. There is always more to share, so for those who want to stay in the know, I highly recommend following our socials and reading our medium. It will give a good idea of what we are working on, and you will see our track record. 


NFTs lend themselves well to interoperability, so the technology’s advocates support the idea that items purchased in one virtual world should also be available in other virtual worlds. Why hasn’t this been implemented yet? What is the root cause of the problem? Is it the fact that original assets cannot be transferred, or economic self-interest on the part of developers?


– Right now the focus of most projects out there is primarily to build their community and differentiate themselves from others. They are experiencing competition and they want to cut through the noise. It’s understandable. Many projects out there don’t have a large development team or an established community that can organically make their products be in high demand. They have to focus on themselves right now. Right now, it is quite rare for a project to think out of their own box and look at a larger picture. Or, in most cases, many teams do have amazing ideas but don’t have the experience, resources, and community to execute them successfully. 


One of the reasons we launched in late March of this year (2022) is to work with other NFT communities and creators and have their NFTs integrate with our ecosystem (marketplace, metaverse, metamon, etc.). Since we already have a thriving ecosystem, a very large community, and multiple strong partnerships, we now want to do something that very few projects can execute and deliver. We understand that the next step for the Web 3.0 community is achieved by empowering and serving each other (e.g. NFT Communities) with our products and services. This is an important component of our Metaverse vision. We want top NFT communities to know that in our Metaverse, they can have a place to gather, network, and trade, and take pride in who they are. We believe every NFT community should maintain their individuality & spirit – our ecosystem is to make their existing experience more special, more fun, more Metaverse. This is the spirit of Web 3.0 – convergence & collaboration done the right way – all to better user experience and to shape the future in a way we can be truly proud of. 


– Is a future where players can freely move their assets from one game world to another really possible?


– People should be able to move their assets anywhere they want. However, for people to move their assets from one place to another needs to make sense. Your NFTs should have the most support/features/perks in the ecosystem that created them. But most projects only specialize in the creation of NFTs, not continuously developing for and around them. 


The best NFTs don’t just enhance your game experiences, they are also digital assets that should gain more benefits over time (beyond simple appreciation). That’s why you want to make sure that your NFTs have both the development and the community to go along with it. If your existing NFTs are not being supported by the original dev team, your next best bet is to find an ecosystem that can welcome and work with you to integrate them so your community has a place to call “home”.


– Cambridge University and Princeton University are two of the top world’s universities that have partnered with Radio Caca to build a metaverse for students. Is this an affordable alternative to a high-priced higher education system and one that could solve the global education crisis?


Technology evolved much faster than our education systems. There is a need for a more engaging and immersive learning environment where students can further their creativity and collaboration. Instead of competing with existing institutions, we should work with them and combine the best of both worlds. By directly working with top universities and getting their student bodies engaged in Web 3.0/Metaverse/NFT as early as possible we are facilitating a true exchange of ideas among people who have both the optimism, time, and energy to educate, onboard, and lead a new generation into this new age. We, at Radio Caca, believe that if we continue to empower universities and students and give them all the tools to develop in our Metaverse, they will build and continually support their Metaverse presence in the ways that serve them most effectively. 


– In one of the previous interviews dedicated to the metaverse, I had a question about escapism. In your opinion, is it going to be one of the global problems of the metaverses? What other human-related problems of virtual worlds can you see? 


– In their own way, every person seeks fulfillment in life. And every person also faces challenges and setbacks. Technology is a tool, and learning how to properly use and relate to it properly will further evolve our society. Any potential human-related problems that may arise I see as challenges that society will evolve through together. The reason we are where we are now is that humanity continues to evolve and adapt. No one can stop our drive for expansion and higher fulfillment. 


What is the difference between a real hobby and escapism? You engage in a hobby because it brings you happiness in some form or way. You engage in escapism because you need to take a psychological/mental/physical break from something. There is value in both.


Metaverse can be a place where you can create, succeed, win, enjoy, collaborate, experience new things and experience old things in a new way, learn, make new friends, and re-meet your old friends. That is beautiful, right? It’s empowering. Just like in real life, your options here are limitless.


And if some experiences in the Metaverse allow you to take a break from your challenges in life, then people should take as much time as they need to heal and re-energize themselves. Just like in real life, we need people who are there for us – to celebrate victories with and to support us during adversities. It is up to us to be good humans to others in the real world and in the Metaverse. And as both worlds will converge more and more, the responsibility of the human stays constant – be a good neighbor to your community and continue to try your best. 


Is there any truth to the phrase that we’ll soon all live in the metaverse? If so, how is it going to affect our mental health? Will the world turn to the Hikikamori lifestyle or do you believe that movers will still move and pushers will still push in the physical world?


– We already live in somewhat of a Metaverse, we just go to different apps and sites to curate our digital experiences. Because they are all separate from each other, you don’t get the feeling of immersion and it is also more difficult to develop and participate in the community. This is why people experience loneliness and separation from society. The amount of time we spend on our phones and laptops will be replaced by Metaverse. The metaverse is going to be a part of our lives because it is an evolution of the internet, social platforms, and economies. Like any breakthrough technology, it will affect the way people live their lives on a daily basis. It will empower our experiences but it will also streamline some experiences thus increasing the overall productivity and efficiency of our society. When higher levels of efficiency are reached, even more room for innovation and creativity will be created. 


Metaverse is the next evolution of your digital life and a sense of community and shared experiences is what makes it truly special. Some people will be fully fulfilled by the Metaverse and naturally, they will spend more time in it. Some people will only be partially fulfilled by it and they will go to the real world for the remaining needs. That is what we actually do already. 


Free will, freedom of choice, and creative collaboration are what make humans the most evolved species. All technology and companies will evolve to serve us better. And those that do not, will not last. Within all of us, we have a sense of what is right and wrong. Every person should strive to do what is right. “Be the change you want to see in the world.”


Mike Ermolaev, the Head of Public Relations at, conducts an expert interview series with different notable people in crypto to provide both crypto beginners and veterans with an inside perspective on the crypto market. This interview was originally published on Benzinga and ChangeNOW’s blog.

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BTC, ETH Gain Ground & The Top 5 Metaverse Movers to Watch

After the short bearish trend amid the Russia-Ukraine tensions, the crypto market has started to gain ground again. Bitcoin and Ethereum rose by about 1% and 5% respectively during the last week. Many other cryptocurrencies have followed. The popularity and market capitalization of the Metaverse tokens also continues to grow.


Many analysts link the fall and rise of the crypto market to the recent political events and fluctuations of the Russian ruble. When the currency suddenly started to pull back, so did most of the digital assets. Now that the rouble is slowly recovering, cryptocurrencies are shooting up in value again. Last week, Russia claimed that it would only accept rubles and maybe crypto for oil and gas. This statement may have led to the growth of the ruble and the surge in the crypto market. 

For the first time in three months, Bitcoin surpassed the $47,000 mark on March 28. The number one crypto might not yet be close to its new ATH, but it might very well hit the new highest price of the year soon. In two days the BTC value jumped by more than $1,000, then retreated, and now continues to grow again. The move may have to do with Russia’s consideration of accepting BTC for its natural resources mentioned above. 





BTC is currently trading at $45,502,80. It grew by 1.23%% during the past week and dropped by 3.16% in the last 24 hours.


Ethereum has been growing steadily for the last 10 days and just like Bitcoin saw a big jump on March 28. The price of ETH is still lower than it was in the beginning of the year, but it might reach that point again soon as it seems to be following the bullish trend. 





The currency gained 5.35%% during the past week and fell by 3.89% in the last 24 hours. At the moment of writing, ETH costs $3,296.23.

Decentraland (MANA)

Decentraland’s MANA token is the top metaverse crypto by market capitalization. Created in 2017 and open to the public in 2020, the virtual reality platform quickly gained popularity. Users have many possibilities in the virtual world, from creating and exploring to buying and monetizing plots of land. Its native currency MANA is powered by the Ethereum blockchain. 





Even though the token was growing earlier this week it went down by 1.72%  in the last 24 hours and by 2.88% in the last 7 days. The total market cap of MANA is $4,775,414,595. At the moment of writing, it’s trading at the price of $2.59.

Axie Infinity (AXS)

Axie Infinity is a blockchain-based play-to-earn video game launched by Sky Mavis in 2018. Users get to breed and raise the creatures called Axies and receive rewards for them. Each Axie is a platform’s native NFT. 




The currency has seen a huge jump during the last 10 days going up by about $20 in 24 hours. However, it retreated significantly after. The AXS’s value has dropped by 10.91% over the past week and grew by 1.38% over the last 24 hours. At this point, the price of the token is $63.66 and the market cap is $3,885,108,076. 

The Sandbox (SAND)

The Sandbox is a NFT-based virtual world where users can create, buy, and sell plots of land in the form of a game. Players can use the virtual land to host events, concerts, or games and monetize their creations. The internal currency SAND is becoming very popular.





This week SAND was growing steadily and saw a couple of big jumps until it suddenly went down yesterday. It dropped by 1.59% in the last seven days and by 1.91% in the last 24 hours. Despite its climbs the coin is still pretty far from its ATH of $8.40 it saw last November. SAND is now trading at $3.40. Its total market cap is $3,939,930,950. 

ApeCoin (APE)

ApeCoin is a native cryptocurrency behind the NFT-famous Bored Ape Yacht Club project. Launched less than 2 weeks ago by ApeCoin DAO, the coin immediately gathered a lot of hype around it. ApeCoin is mainly used for purchases within the APE ecosystem.





The total market capitalization of APE is currently $3,581,479,601. It lost 0.58% in value during the week but grew by 2.14% in the last 24 hours. Its current price is $12.77.

Theta Network (THETA)

Theta is a blockchain-based network focused on video streaming. Users of the decentralized platform share bandwidth and computing resources on a P2P basis. The project is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.





THETA has seen strong growth and shooted up in value by 25.04% during the week. In the last 24 hours it rose by 1.72% and is now trading at $4.09. The total market cap of the currency is now $4,034,400,099.


All in all, even though there have been some drops in the last two days, we can see that most coins and tokens are on the rise and it seems that spring has finally come to the crypto market. There’s a big chance that cryptos will surge even more in the next weeks and months, especially if the political situation stabilizes and countries go ahead with the crypto adoption.  

P.S. This article has originally been published on Benzinga.

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Where’s the Crypto Market Heading as We Near 2022? Top Most Promising GameFi Tokens

Crypto investors who pinned their faith on the prediction that Bitcoin would soar to $100,000 by the year-end now have to reconcile themselves to the reality that there won’t be a Santa Claus rally before the year is out. After it went above $69K in November, Bitcoin’s price retraced greatly and is now struggling to hold above the 50K mark, pulling the rest of the cryptocurrencies along with it.  

However, technical analysis comes into play when we cannot see a clear trend and there are no strong fundamentals to help us make sense of how the market is going to behave.

There are often repetitive patterns in price fluctuations due to the psychology of the market, which is driven by emotions like fear or excitement. The technical analysis examines chart patterns to identify these emotions and subsequent market movements to discover trends. 

The cryptocurrency Fear & Greed Index fell to 27 a couple of days ago, but currently it stands at 40. Although it’s still a fear territory, this could be a solid buying opportunity. 


The current BTC price pattern resembles that of the consolidation phase we witnessed from May to July 2021. The weakness is likely to last until about early January or late February 2022, and then we might see a BTC rally that will take it to new heights, with ripple effects on the rest of the top cryptocurrencies.

Source: TradingView 

Meanwhile, the $68 billion GameFi industry, which is a hybrid of blockchain gaming and DeFi, is on the rise and is expected to continue its rapid growth in 2022 even amid a sour mood in the wider crypto market.

As of now, the majority of wallets in existence 1.12 million are connected to blockchain games.

Source: DappRadar 

The play-to-earn segment has been boosted by the metaverse narrative, allowing players to earn tokens for their gaming activities, which can be used to purchase in-game assets, or traded for other cryptocurrencies or fiat on exchanges. 

GameFi games can be categorized into two types:

  • Liquid mining games

  • Games based entirely on mining

In liquid mining games, users must pledge tokens or NFTs before they can begin gameplay, whereas in the second game type, players can begin immediately and receive game props or NFT equipment which can be sold at a profit.

In order for a GameFi project to succeed, it is critical that the number of active crypto wallets continues to grow, as well as the volume of transactions and the value of the game. 

Following are the top DApps in the Games category, ranked by unique wallet addresses, which continue to increase, so it makes sense that the tokens that power them would also thrive.

Splinterlands is the most popular game, with 315,447 unique wallet addresses interacting with its smart contracts over the past 30 days, and a total asset value of $664,862.

It is a collectible trading card game, with cards acting as non-financial tokens and its design reminiscent of Pokemon cards and World of Warcraft characters. 

Throughout the game, a mystical world is revealed through a great deal of storytelling. This game is built on the Steem blockchain and offers high-speed transactions. Although Splinterlands is based on the HIVE blockchain, Splinterlands’ tokenized assets can be transferred to the WAX blockchain by means of the Splinterlands WAX bridge. 

As of now, its SPS token is priced at $0.221667 and is not soaring due to the weak overall market, but the popularity of the project could lead to strong gains next year. 

Source: CoinGecko 

DeFi Kingdoms (JEWEL)

DeFi Kingdoms is a game, DEX, liquidity pool, and a market for rare utility-driven NFTs, all done in nostalgia-inducing fantasy pixel art.

The number of unique wallet addresses interacting with DeFi Kingdom’s smart contracts over the past 30 days reached 286,539, a whopping 439% increase from the previous month. 

Its JEWEL token traded at $14.95 at the time of writing, up 21% for the past 7 days, and posting a 94% rise month-on-month.  

Source: CoinGecko 


This gaming platform combines yield farming and farming NFTs to create a free-to-play and play-to-earn model. The game had 200,916 unique wallet addresses in the past 30 days, up 30% from the previous month, and a balance of $175,456,016.93

As of last check, MBOX token was trading at $6.12, up 6.3% over the past 24 hours and up 19% over the past 7 days. 

Source: CoinGecko 

X World Games (XWG) 

X World Games is a themed gaming DApp on the BSC network that has an NFT marketplace. In addition to enhanced gameplay and earning mechanisms, players can acquire NFT assets which is expected to benefit them with long-term revenues generated through the game’s playing volume.

Its user base has increased by 159.72% over the past 30 days to 180,112 and the total value of assets in the DApp’s smart contracts came in at $2,909,449.32. 

The project’s XWG token traded at $0.0969 at the time of writing.  

Source: CoinGecko 

P.S. This article was initially published by Cointelegraph Brazil

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Bitcoin (BTC) $ 41,185.03 5.98%
Ethereum (ETH) $ 2,212.25 6.24%
Litecoin (LTC) $ 71.77 6.99%
Bitcoin Cash (BCH) $ 230.00 8.38%