In A Nutshell The past week in the crypto world has seen significant movements, with notable activities from crypto whales and a revival in the Decentralized Finance (DeFi) space. Analysis highlights a strong positioning for the next altcoin rally, backed by substantial buy walls, indicating a burgeoning demand. Simultaneously, DeFi showcases resurgence with active loan…
In A Nutshell The cryptocurrency market has experienced its most significant three-day decline in nearly a year, with a staggering $510 billion wiped off its value. This downturn coincides with a broader financial market slump, triggered by disappointing job data and concerns about a potential recession. Major technology firms like Microsoft and Intel reported weaker…
In A Nutshell The BNB Chain recently marked a significant milestone by registering over 463 million unique addresses in the last 30 days, securing its position as the leading blockchain in terms of unique addresses. Despite this milestone, BNB’s price action has been bearish, with a decrease in value and dominance by bearish sentiment in…
In A Nutshell The cryptocurrency Chainlink (LINK) has experienced significant price reductions, reaching its lowest levels in 2024. This downturn has sparked discussions around whether it’s an opportune moment for investors to buy LINK at a discounted price. Analysis from Santiment suggests that the current market conditions might offer a compelling buy signal, based on…
In A Nutshell The social media platform X recently took action against an account known as “makenowmeme,” which had gained attention for allowing users to create memecoins directly from posts on the platform. This account, which boasted 15,000 followers, was suspended for allegedly violating platform rules. The “makenowmeme” service enabled users to generate new memecoins…
In A Nutshell MicroStrategy’s financial performance in the second quarter has garnered significant attention within the cryptocurrency community. Despite posting a net loss of $123 million and falling short of revenue expectations, the firm continued its aggressive Bitcoin acquisition strategy. The company’s total Bitcoin holdings now stand at 226,500 BTC, valued at approximately $14.7 billion….
In A Nutshell The Bitcoin market experienced a significant downturn on August 1st, as the price of BTC fell sharply from $64,000 to below $62,212, marking a rapid flash crash. This sudden drop led to a substantial $310.27 million in long position liquidations within a 24-hour period, out of a total crypto market liquidation of…
In A Nutshell Notcoin, initially recognized for its viral tap-to-earn game, is transitioning to a more sustainable, story-driven Web3 game in collaboration with Lost Dogs NFT collection and the TON-based NFT marketplace, Getgems. This new venture aims to provide a deeper, more engaging experience for users by incorporating narrative elements and offering players the opportunity…
In A Nutshell The recent amendment proposal by the U.S. Securities and Exchange Commission (SEC) to its lawsuit against Binance has sparked a debate within the cryptocurrency industry. Ripple executives have criticized the SEC for inconsistent application of securities designation, particularly concerning tokens such as Solana (SOL) and Cardano (ADA), which were implicated in the…
In A Nutshell In the wake of a significant $230 million hack targeting WazirX, one of India’s largest cryptocurrency exchanges, the Bharat Web3 Association (BWA) is intensifying its cybersecurity and consumer protection efforts. The BWA has established two new internal groups dedicated to enhancing security measures within the Indian crypto industry and ensuring the safeguarding…