In A Nutshell The meme cryptocurrency Dogecoin (DOGE) might be on the verge of significant price movement, drawing parallels from its historical price patterns. Despite a slight correction over the past week, a closer examination of its trend suggests a potential for bull rallies similar to those experienced in 2016 and 2020. As the coin…
In A Nutshell GameStop (GME) experienced a significant surge in its stock price, climbing over 19% overnight. This rally was triggered by Keith Gill, also known in the online community as “Roaring Kitty,” who disclosed a sizable investment in GME stock and call options, totaling approximately $181.4 million. Gill is recognized for his influential role…
In A Nutshell Matter Labs, known for its Ethereum layer-2 scaling solution zkSync, recently withdrew its attempt to trademark the term “ZK”, an abbreviation for “zero knowledge” proofs, following significant pushback from the cryptographic and blockchain community. This decision was announced shortly after a public condemnation by leading ZK experts, who argued that ZK technologies…
In A Nutshell In a recent initiative to combat cryptocurrency scams, pop star and cryptocurrency enthusiast Iggy Azalea has announced a unique approach: burning her own cryptocurrency tokens in response to any identified celebrity coin scams. This move underlines her commitment to fostering trust and integrity within the crypto space, setting her apart from controversies…
In A Nutshell The concept of Ethereum ETFs (Exchange-Traded Funds) is gaining traction, presenting a potential new wave for investors on Wall Street. With Ethereum’s robust ecosystem, encompassing the largest decentralized finance (DeFi) protocols, tokenized real-world assets (RWAs), and stablecoins, its appeal is evident. However, challenges in conveying the technical nuances of Ethereum’s roadmap to…
In A Nutshell PayPal has expanded its cryptocurrency offerings by launching its PYUSD stablecoin on the Solana blockchain, introducing a feature called “confidential transfers.” This move not only extends the stablecoin’s accessibility beyond Ethereum but also enhances transaction privacy while adhering to regulatory visibility requirements. The deployment leverages Solana’s infrastructure to offer advanced programmability and…
In A Nutshell A recent Harris Poll has revealed a significant trend among U.S. voters: one-third of respondents would consider a political candidate’s stance on cryptocurrencies before casting their vote. This survey, commissioned by bitcoin ETF issuer Grayscale, indicates a growing interest in digital assets among the American electorate. It also highlights an expectation that…
In A Nutshell A recent survey conducted by OnePoll highlights a considerable gap in the awareness of blockchain gaming among adult gamers. Despite the growing popularity of titles like Axie Infinity and Decentraland within the blockchain community, a significant portion of the general gaming audience remains uninitiated. With more than half of the respondents unfamiliar…
In A Nutshell Blockchain technology continues to evolve, shifting the digital landscape towards decentralization and interoperability. Ankr, a prominent Web3 infrastructure company, stands at the forefront of this transformation. Offering a suite of tools and services designed for developers, Ankr facilitates the creation of decentralized applications (DApps) across a multitude of blockchain networks. In a…
In A Nutshell The crypto industry, now more than ever, finds itself at a crossroads between embracing the critiques from its sideline skeptics and dismissing them as mere noise. With the evolving landscape of blockchain technology and its widening audience, the role of critics within the crypto space has sparked a notable debate: Do these…