In A Nutshell A novel strain of malware has emerged, targeting video gamers, particularly those engaging in cheating within games like Call of Duty. This malware seeks out and drains Bitcoin wallets, capitalizing on the compromised security of users who download unauthorized cheat software. The attacks have reportedly affected millions of user accounts across several…
In A Nutshell MicroStrategy’s share price experienced a significant drop of 14% following a report by Kerrisdale Capital, which highlighted that the company’s stock is trading at an unjustifiably high premium compared to the actual price of Bitcoin. Kerrisdale Capital, now short-selling MicroStrategy’s stock while maintaining a long position in Bitcoin, argued that the premium…
In A Nutshell The cryptocurrency Solana (SOL) recently demonstrated hints of eagerly approaching the $200 mark again, only to experience a decline to $185. Despite this setback, analysis by AMBCrypto through various on-chain metrics suggests that a return to the $200 level could be imminent. This analysis dives into the volume, price action, Funding Rate,…
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…