In A Nutshell On March 24, a notable surge in Bitcoin (BTC) accumulation was observed, marking one of the largest single-day increases in recent history. Wallets holding between 10 and 10,000 BTC added approximately 51,959 BTC to their holdings, bringing the total supply controlled by this group to a 20-month high of 13.19 million. This…
In A Nutshell NFT (Non-Fungible Token) swap order scams are a growing concern within the digital asset space. These scams involve tricking individuals into exchanging their valuable NFTs for counterfeit or worthless ones. Understanding the mechanics of these scams and the red flags to look out for is crucial for anyone engaging in NFT transactions….
In A Nutshell The NFT market has experienced a significant downturn since early March, with a notable decline in sales volume and a decrease in the floor prices of top NFT collections, including CryptoPunks and Bored Ape Yacht Club (BAYC). Despite this downturn, there seems to be increased trading activity as some investors are taking…
In A Nutshell The political landscape for the cryptocurrency industry in the United States could be on the brink of significant change following the Ohio Senate Republican primary. Bernie Moreno, a fervent supporter of digital assets and blockchain technology, emerged victorious, setting the stage for a pivotal general election battle against Senator Sherrod Brown, a…
In A Nutshell Ethereum (ETH), despite a recent price drop from $3,633 to $3,220, is speculated to potentially reach or even surpass the $4,000 mark again. This optimism is rooted in the analysis of various on-chain data and technical indicators. However, significant resistance at the $3,700 level—where a large number of ETH were accumulated—poses a…
In A Nutshell The digital asset landscape is witnessing a significant shift with Bitcoin-based NFT collections gaining an edge over their Ethereum counterparts. The spotlight is currently on NodeMonkes, a collection based on the Bitcoin network, which has seen an impressive surge in its floor price and sales volume, notably outperforming prominent Ethereum-based collections like…
In A Nutshell Solana (SOL), a leading cryptocurrency, recently witnessed a remarkable surge in its value, breaking past the $200 mark. This rally is supported by a significant increase in Solana’s Open Interest (OI), showcasing a bullish strength that has captured the attention of the crypto market. Amid Bitcoin’s (BTC) price fluctuations, SOL’s performance stands…
In A Nutshell Dogecoin (DOGE), the popular meme coin, has shown a significant price movement with a 78% increase over the last 30 days. Despite a temporary dip in its value and network activity, the coin has managed a rebound, sparking discussions about its potential to reach the $0.2 mark in the near future. However,…
In A Nutshell The digital currency XRP has found itself at the center of heated debates within the cryptocurrency community, following a notable decline in its market value. Despite being labeled as a “loser coin” by some critics, there are emerging signs and optimistic viewpoints suggesting a potential price surge on the horizon. This article…
In A Nutshell The Bitcoin network, known for its robust security and monetary transactions, faces a new controversy with the surge of Ordinals and Inscriptions. Luke Dash Jr, a prominent Bitcoin core developer, vocalizes his concerns, labeling these additions as ‘spam’ and potentially harmful to the network’s integrity. This perspective sheds light on the ongoing…