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The Housing Market is About to Pop. How Does This Affect Crypto?The US Census Bureau recently published population numbers for cities across the US, and the numbers don't look too good: most large urban centers in the country have taken significant population losses in 2020-2021. Politicians and media pundits typically blame COVID and supply chain woes, though these trends were already happening even before the pandemic - the lockdown only accelerated what was already there. Los Angeles lost around 1% of its total population - which is already significant - but San Francisco and New York lost a staggering 6.7% and 6.9%, respectively. Most US urban centers have been struggling with a housing shortage crisis in the last few decades as housing costs, rents, and costs of living have been outpacing both inflation and wage growth exponentially since the financial crisis "recovery" in 2008. (This was around the time Bitcoin was invented, coincidentally.) In addition to rising crime, homelessness, and loss of quality of life, the well-paying jobs are also leaving the state citing high taxes and unfavorable business policies - giving people less reason to be there as well. The housing market is no different than other markets in that it operates on supply and demand . Housing advocates typically propose building more housing units (increase the supply) to bring costs down, but most cities have opted for the other "solution" - which is to bring costs down by decreasing the desirability of the city itself. (It's an unfortunate series of events, but it is what it is.) Nominal vs real pricing charts of US housing shows that listed prices are vastly inflated compared to its "real" value, which is contributing both to the bubble and the loss of quality in housing construction itself. San Francisco's Case-Shiller Index was chosen since it's objectively the most housing-inflated area right now, objectively speaking. The housing bubble is most likely to pop there, then cascade downwards onto other markets as people's faith in its growth starts to stagger. The reasons above (combined with the Fed's interest rate hikes this year) are why even Wall Street and big companies have taken an interest in crypto, NFTs, and metaverse assets lately, since they see it as a hedge against a weakened dollar and a recession (potentially a depression) looming in the horizon. At this point it's not a matter of "if", but "when". For crypto/metaverse investors, the thing to keep an eye on is the level of trust that the general public has in the banking system right now. When the housing bubble pops, it could potentially lead to a liquidity event of a magnitude never before seen, since technically there would be a lot cash sitting in people's hands, looking for places to invest. - The pessimistic outcome for crypto investors is the "money running scared" scenario - where panicked money runs back to the banks and other "conservative" investments assets (bonds, cash) that are seen to have less volatility overall. This may lead people to cash out and leave the crypto ecosystem altogether, causing a downturn in the asset class overall. Keep in mind, though, that housing, cash, and bonds have *traditionally* been seen as "reliable" investment choices, but in recent years those are the exact assets that have been inflating - which has lead many experts to question if they are functioning in the way it was originally intended overall. If that perception becomes shattered, a lot could change overnight. - The optimistic outcome for crypto investors is if the money that was intended for buying housing or other related assets becomes "free", potentially going into alternative assets, which includes crypto. Since a major housing bubble at this scale hasn't happened here there's not much data to show one way or another but we do know that the Evergrande crisis in China has had basically no (arguably inverse) effects on the crypto market as a whole. Panicked money may flow into crypto in ways never before if it's seen as a safe-haven against the turbulence of the housing market and the USD as a whole. Realistically, there will probably be a little bit of both going on, but being that the size of the US housing market is much bigger than the size of the crypto market cap, crypto needs much less of a % of money flowing inwards in order for it to grow. The housing market, on the other hand, has nowhere to go but down. Time will tell, but it would be advisable for people to be prudent about where to put their money this year, because a lot could happen very quickly as the United States faces its biggest financial crisis in decades in the near future.
FRED:SFXRSALong
by RyanTanaka
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
29
KCS - Detailed Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below. Fundamentally KCS / Kucoin is doing great too! As per KuCoin Labs: Integration of Metaverse and DeFi Will Be a Major Highlight in 2022 “KuCoin Labs takes its role in promoting the development of the whole crypto industry. We incubate and invest in innovative projects, guide their development to their maturity where they would bring the best of crypto. As one of the top investment institutions, KuCoin Labs team gathers professional research on a forward-looking journey, unceasingly diving deep into every aspect and detail of a vertical. KuCoin Labs aims to be an integral force in building the future of Web 3.0.” Said Lou Yu, head of KuCoin Labs. Best of luck!
Long
by TheSignalyst
22
Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022. As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
COINBASE:MATICUSDLong
by peacefuljustin
The Metaverse and Lawsuits - Which will Survive Long-Term?Facebook's Metaverse projects are already running into snags with lawsuits and regulations -- the companies that have a central point of control (which are many) will be susceptible to these threats, especially as their user-base starts to grow. A closer look at some of the metaverse projects out there in the running right now. Also a featuring a few open-source "Virtual World" projects that may decide to get into crypto at some point as an evolution on their existing platform. Worth keeping tabs on, either way. (Vircadia, OpenSimulator.)
FTX:SANDUSDLong
by RyanTanaka
2
Is the Metaverse a Hedge for Inflation? (ft. Dogecoin) A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time goes on. The US market may take longer to unravel since it's a bigger apparatus with a lot more moving parts -- talking about it in a coherent way in itself is often a challenge. But there's been a shift in tone from both DC and the media in regards to inflation in the last week, which may be a sign that things are starting to move forward. There's basically two different scenarios that could play out in the current US economy's trajectory -- hyperinflation, or an economic slowdown brought on by the Federal Reserve after they increase interest rates significantly. (Right now the former scenario seems more likely, but that's TBD.) Either way, crypto will probably end up doing well. More details in the video itself. Also as an aside, I also argued that Dogecoin could be an inflation hedge against the crypto market itself. We saw a weird blip this week where the coin pushed itself upwards a little bit, running counter to all of the other coins out there. Will this trend continue? We'll have to wait and see.
COINBASE:MANAUSD
by RyanTanaka
2
Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC. Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come. Local Support: $1.90 Major Support: $1.50 Current Resistance: $2.25 Much peace, love, health, and wealth.
MLong
by peacefuljustin
Decentraland ( MANA ) Bullish Trend / Metaverse Leaders / H4Metaverse is a world that has been on the tongues for some time! MANA and SAND are the two leaders of metaverse, the analysis of SAND was recently published for you. MANA broke its long term trading range and rallied up with series of bull candles. After hitting new ATH it fall down and got supported with $2.22 - $2.34 price. Then it started to create higher highs and higher low is simplest and basic sign of bull trend. 2 important levels for us are: 1) Bullish Trendline ( Gold Line ) 2) Breakout point as Support ( $4.2 - $4.36 ) Higher prices expected if bulls hold price above this 2 levels. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
6
What will MANA do this weekend?In this video we take a look at where MANA will find support as it is falling from the top of the trend channel at $4.36. Previously in my last video where I did a complete breakdown of MANA's current trend and breakout. We identified a clear doji star on Nov 11th, h&s breakout pattern, and retest of the neckline at the $3.50 level. My prediction: I believe MANA will catch support at either the neckline level just above $3.50 OR continue falling to the bottom of the channel between $3 - $3.30. Like, subscribe, and comment your thoughts! Thank you so much for watching. Cheers!
COINBASE:MANAUSDLong
by DeFiDeshaun
3
$MANA Technical Analysis The MANA chart is looking textbook on the 4h timeframe. I am very bullish on the project and the coin. The reversal on November 11th was a clear Doji Star and began our strong rise to the top of the channel at the $3.80 level. November 13th to 18th showed a head and shoulders pattern following our initial breakout, a great bullish sign. MANA broke the neckline on the retest following the pattern on the 18th but only briefly. Then proceeded to breakout to the top of the channel again. Now we are falling from the top of the channel and looking for support. There are 3 key levels of support. Support Level 1: Middle of the channel, also the 23% retracement level on fib. Support Level 2: Neckline of head and shoulders, also 33% retracement level on fib. Support Level3: Bottom of channel, strong previous support shown by wicks only reaching line. Strategy: I am looking taper in and buy MANA at each support level mentioned above. *not financial advice
COINBASE:MANAUSD
by DeFiDeshaun
2