In A Nutshell Metaplanet, a Japanese investment and consulting firm listed on the public market, has increased its Bitcoin holdings by purchasing an additional $2.5 million worth of the cryptocurrency. This latest acquisition brings their total Bitcoin possession to 203,734 BTC, acquired at an average price of approximately $62,000 per BTC, a figure slightly above…
In A Nutshell Polygon (MATIC) recently faced resistance at the $0.5 mark, signaling potential difficulty in maintaining its price level. With a recent downturn, analysis suggests a further decline might be imminent, attributed to several technical indicators and market dynamics. Understanding MATIC’s Recent Price Action MATIC’s struggle to surpass the $0.5 resistance level comes amid…
In A Nutshell This week marks a significant moment for the Solana blockchain community as the Firedancer validator client initiates a $1 million bug bounty program. Spearheaded by Jump Crypto and facilitated by the bug bounty platform Immunefi, this initiative invites developers to identify and report critical bugs within Firedancer, a new and promising validator…
In A Nutshell The notorious crypto-theft group, Pink Drainer, known for its wallet-draining operations, has ironically fallen victim to a well-coordinated “address poisoning” scam, leading to a loss of 10 Ethereum (ETH), valued at approximately $30,000. This incident was highlighted by the crypto compliance platform MistTrack in a recent post, showcasing a rare instance where…
In A Nutshell The NEAR Protocol has witnessed a remarkable surge in activity, recording 450 million transactions and attracting 12.3 million unique addresses over the last 30 days. This uptick in user engagement has not only captured the interest of the cryptocurrency community but also hinted at a potential recovery in NEAR’s market price. Factors…
In A Nutshell Cardano (ADA), a notable player in the blockchain sphere, is on the verge of its upcoming Chang Hard Fork, aiming to introduce significant modifications, including community-driven governance. Despite ADA’s current stagnation around $0.3 and a recent downward trajectory in price, the stable number of ADA holders suggests a loyal community base. This…
In A Nutshell A recent analysis by AMBCrypto has highlighted a potential range formation for Bitcoin (BTC) in the near future, with key insights into liquidation levels and price action suggesting a cautious approach for traders and investors. Amid a backdrop of a 16.2% drop in BTC price from the 1st to the 5th of…
In A Nutshell Polkadot (DOT) has emerged as a top gainer among the top 20 cryptocurrencies, showcasing a notable increase in its value. With its price currently at $6.24, marking a 5.18% rise in the last 24 hours, analysts and market indicators suggest a continued upward trajectory, with a potential to reach or surpass $7….
In A Nutshell Bitcoin (BTC) witnessed a significant rebound, rising 9% from its recent lows, stirring hopes among traders that the market may have found its bottom. After a period of bearish momentum, Bitcoin’s price momentarily revisited the $58,500 mark, although sustaining higher levels remains a challenge. This resurgence comes amidst a backdrop of heavy…
In A Nutshell The landscape of Bitcoin mining is potentially gearing up for a wave of mergers and acquisitions (M&A), reflecting on the sector’s quest for enhanced profitability amidst the challenges of expansion. TeraWulf, a notable player in the Bitcoin mining industry, voices a strategic stance on M&A activities, emphasizing the pursuit of profitable growth…