In A Nutshell Polygon (MATIC) has recently shown bullish signs, according to crypto analyst Ali Martinez, with the TD Sequential indicator on the weekly chart flashing a buy signal. This development could forecast an uptrend lasting between one to four weeks. Additionally, Bitcoin’s (BTC) positive movement may further enhance market sentiment, potentially benefiting MATIC’s rally….
In A Nutshell The cryptocurrency TapSwap (TAPSWAP) experienced substantial volatility on May 26, indicating a mix of bearish and bullish signals in the market. Despite a quick rally, the asset showed signs of weakness as it struggled to maintain its gains. This analysis delves into the short-term outlook for TAPSWAP, examining various technical indicators to…
In A Nutshell The crypto community witnessed a dramatic tumble in the market cap of the Normie (NORMIE) token, which plummeted by 99% within three hours due to a smart contract exploit. The Normie team has entered negotiations with the perpetrator, considering an offer to recover 90% of the stolen assets under specific conditions, including…
In A Nutshell Crypto vaults, emerging as a beacon of security in the digital asset arena, introduce an enhanced layer of safety for cryptocurrency investors. Unlike their more vulnerable counterparts, hot wallets, crypto vaults operate largely offline, thus offering a fortified haven against the myriad of online threats. By leveraging multiple layers of security, such…
In A Nutshell Former U.S. Commodity Futures Trading Commission (CFTC) Chairman, J. Christopher Giancarlo, affectionately known in the cryptocurrency community as ‘CryptoDad’, has enhanced his involvement in the digital currency space by joining the board of directors at Paxos, a key player in blockchain technology and stablecoin issuance. This move underscores a strengthening relationship between…
In A Nutshell In a significant move within the asset management industry, Vanguard has appointed Salim Ramji, a former Blackrock executive known for his favorable stance on Bitcoin, as its new CEO. This appointment, effective July 8, has sparked conversations regarding the potential shift in Vanguard’s historically conservative approach to cryptocurrency, especially Bitcoin. Ramji’s track…
In A Nutshell Vitalik Buterin, the co-founder of Ethereum, has recently put forward a proposal for an Ethereum Improvement Protocol, named EIP-7706. This proposal aims to introduce a new gas model specifically for transaction call data. Currently, Ethereum transactions incur two types of gas fees: one for the computational work needed to execute a transaction…
In A Nutshell Ripple CEO Brad Garlinghouse recently made headlines with his comments regarding Tether (USDT), clarifying his stance and defending the widely-used stablecoin amidst scrutiny from the U.S. government. This development casts a spotlight on the ongoing dialogue between cryptocurrency leaders and regulatory bodies, highlighting Tether’s pivotal role within the digital finance ecosystem. Ripple…
In A Nutshell The meme coin market has experienced a remarkable surge in the past 24 hours, significantly influenced by a viral post from Keith Gill, famously known as Roaring Kitty, regarding GameStop’s stock. This event catalyzed a notable increase in trading volume and market capitalization within the meme coin sector, with Dogecoin [DOGE] and…
In A Nutshell The cryptocurrency market is currently on edge as key events from the Federal Reserve (Fed) and the US Bureau of Labor Statistics (BLS) are set to unfold this week. These events are anticipated to significantly influence Bitcoin’s price movements. A recent decline in Bitcoin’s value has heightened investor interest in the outcomes…