In A Nutshell A German Member of Parliament (MP), Joana Cotar, has recently called for the German government to halt its ongoing sales of Bitcoin. Cotar advocates for Bitcoin to be recognized as a “strategic reserve currency” to mitigate risks associated with traditional financial systems. This recommendation comes amidst a considerable sell-off of state-owned Bitcoin,…
In A Nutshell The cryptocurrency market experienced a significant downturn, with Bitcoin (BTC) plummeting to a four-month low of $53,499 on Coinbase, influenced by the recent news regarding Mt. Gox’s cold wallet transfers. The overall crypto market saw liquidations nearing $665 million within 24 hours, marking the highest liquidation event in two months, as reported…
In A Nutshell Bitcoin has recently experienced a significant price drop, falling below the $60,000 mark and reaching a nine-week low. Despite this downturn, certain key players in the cryptocurrency market, including institutional investors and Bitcoin whales, appear unfazed by the decline. This article delves into the reasons behind their optimistic outlook, including steady institutional…
In A Nutshell The Bitcoin (BTC) market has witnessed a significant correction, with prices dropping to a one-month low of $56,709, spurred by a broader sell-off across the cryptocurrency market. Despite this downturn and the liquidation of considerable long positions, the trading community remains optimistic about Bitcoin’s potential rebound. Notably, Bitcoin’s recent price actions, including…
In A Nutshell Tangem, a notable cryptocurrency wallet firm, has recently announced a groundbreaking partnership with Visa. This collaboration is set to bring about a new era in hardware wallet technology, integrating direct payment capabilities through Visa. Slated for release under the Tangem brand by the end of this year, this innovative product aims to…
In A Nutshell Floki Inu, a cryptocurrency inspired by Elon Musk’s pet dog, has issued a critical warning amidst a significant price drop of 11%. This development has raised concerns among investors and called for increased vigilance in the crypto community. The Context of the Warning The team behind Floki Inu has alerted its investors…
In A Nutshell Nintendo, a leading name in the video game industry, has recently declared its decision to abstain from utilizing generative artificial intelligence (AI) in the creation of their video games. This decision stems from concerns regarding the potential breach of intellectual property (IP) rights. During a shareholder meeting, Nintendo’s president, Shuntaro Furukawa, voiced…
In A Nutshell Telegram, in partnership with Helika Gaming, has announced a new initiative to enhance the gaming landscape on its platform through a $50 million gaming accelerator. This program, fueled by the capabilities of the Ton blockchain, is designed to foster innovation among game developers and enrich Telegram’s gaming ecosystem. The move comes in…
In A Nutshell Recent investigations have raised insider trading concerns surrounding the Smash (SMASH) cryptocurrency, a Solana-based memecoin initiated by the renowned mixed martial artist and UFC contender, Khamzat Chimaev. Notably, a significant portion of the SMASH supply, up to 78%, has been acquired by insiders and developer-related wallets, leading to apprehensions about price manipulation…
In A Nutshell Recent analysis by 10x Research predicts a sharp decline in Bitcoin’s value, forecasting a potential fall below the $50,000 mark. This outlook is attributed to a decrease in buying activity alongside an increase in selling pressure. With Bitcoin having recently slipped from over $60,000 to below $57,000, the market is witnessing a…