Ethereum Struggles, Lags Behind Bitcoin and Solana

Ethereum Struggles, Lags Behind Bitcoin and Solana

In A Nutshell Ethereum’s price has seen a decline, underperforming when compared to Bitcoin and other top layer 1 cryptocurrencies. Despite a significant rally ahead of the launch of spot Ethereum ETFs, ETH has faced challenges, including outflows from US-based ETFs and reduced network activity. Key metrics and market indicators suggest a potential for further…

Hamster Kombat Hits 300M Players; Plans Crypto Airdrop

Hamster Kombat Hits 300M Players; Plans Crypto Airdrop

In A Nutshell The Hamster Kombat game, a Telegram-based idle clicker game, has rapidly gained popularity, amassing over 300 million players since its launch in March 2024. The team behind this viral sensation is now preparing for what they claim to be the largest airdrop in the history of cryptocurrency, with the distribution of their…

Schiff Slams Bitcoin Strategy, Warns of Debt Risk

Schiff Slams Bitcoin Strategy, Warns of Debt Risk

In A Nutshell Peter Schiff, a long-standing critic of Bitcoin and cryptocurrency, has recently voiced his skepticism towards the “never sell your Bitcoin” mantra popularized by figures like Donald Trump and Michael Saylor. Schiff questions the practicality of holding Bitcoin indefinitely, arguing it offers no real economic benefit and instead promotes a cycle of poverty….

XRP Eyes Bullish Breakout Amid Market Caution

XRP Eyes Bullish Breakout Amid Market Caution

In A Nutshell The digital currency XRP, known for its connection with the blockchain technology company Ripple, has been showing signs of a potential bullish breakout. Despite the recent stagnation in the crypto market, analysts have identified a long-term bullish pattern on XRP’s chart, suggesting a significant rally could be on the horizon. This article…

Blockchain Gaming Faces Quality Hurdles, Says Pixelverse Co-Founder

Blockchain Gaming Faces Quality Hurdles, Says Pixelverse Co-Founder

In A Nutshell The blockchain gaming sector, despite receiving considerable financial backing, has not lived up to expectations in terms of gameplay quality, according to Kori Leon, co-founder of Pixelverse. While the gaming continues to be a promising avenue for Web3 adoption, the reality has been marred by underperforming titles that fail to engage players…

Ethereum & L2 Networks Surge 127% in First Half of 2024

Ethereum & L2 Networks Surge 127% in First Half of 2024

In A Nutshell The first half of 2024 has seen a remarkable 127% surge in Ethereum and layer-2 (L2) blockchain network addresses, amidst a declining trend in Bitcoin’s active daily addresses. This increase reflects a growing interest and adoption of Ethereum’s blockchain and its L2 solutions, aimed at enhancing transaction speed and efficiency while minimizing…

Ontario Tribunal Blocks Bitfarms’ Takeover Defense

Ontario Tribunal Blocks Bitfarms’ Takeover Defense

In A Nutshell The Ontario Capital Markets Tribunal recently issued a cease and desist order against Bitfarms’ attempt to employ a “poison pill” strategy as a deterrent against a potential acquisition by Riot Platforms, Inc. This move came at a pivotal time, following a notable drop in Bitcoin earnings for Bitfarms, attributed to the effects…

Marathon Buys $100M Bitcoin, Eyes 2024 Halving

Marathon Buys $100M Bitcoin, Eyes 2024 Halving

In A Nutshell Marathon Digital Holdings, recognized as the world’s largest Bitcoin (BTC) miner, has recently made headlines by acquiring an additional $100 million worth of Bitcoin. This strategic move aligns with their long-term commitment to hold onto their Bitcoin assets, embracing a “full hodl” strategy. This decision underscores their confidence in the enduring value…