Vitalik Buterin Boosts ENS with Key Funding, Hits 2M Addresses

Vitalik Buterin Boosts ENS with Key Funding, Hits 2M Addresses

In A Nutshell Ethereum Name Service (ENS) founder Nick Johnson recently shared an impactful story with Cointelegraph at ETHGlobal in London, highlighting a pivotal moment in the project’s history influenced by Ethereum co-founder, Vitalik Buterin. Initially uncertain about the funding required to launch ENS, Johnson submitted a proposal to the Ethereum Foundation. Buterin, seeing the…

Frontier Crypto Surges 400%, Faces Correction

Frontier Crypto Surges 400%, Faces Correction

In A Nutshell In the last 30 days, Frontier (FRONT), a relatively under-the-radar cryptocurrency, has seen a remarkable surge of 400% in its value, capturing the attention of the market during this bull season. However, this impressive rally was followed by a notable correction, attributed to profit-taking activities by large-scale investors, commonly known as whales….

OP Price Falls Despite Network Boom and Fee Cut

OP Price Falls Despite Network Boom and Fee Cut

In A Nutshell Optimism (OP), a token associated with the Ethereum Layer 2 project, saw a significant price drop last week, closing below $3.5. This decline occurred despite an increase in network activity and an upgrade that ostensibly benefited Layer 2 users by lowering gas fees. With daily active addresses and transactions on Optimism spiking,…

NodeMonkes Outshine Bored Apes as Bitcoin NFTs Rise

NodeMonkes Outshine Bored Apes as Bitcoin NFTs Rise

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…

Solana Surpasses $200, Outshines Ethereum in DEX Volume

Solana Surpasses $200, Outshines Ethereum in DEX Volume

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…

Binance Assets Hit $100B Amid Legal Woes

Binance Assets Hit $100B Amid Legal Woes

In A Nutshell In recent developments, Binance has announced that its user assets under custody have significantly surpassed the $100 billion milestone as of March 18. This remarkable achievement comes despite the U.S. Department of Justice’s actions against the exchange and its co-founder, Changpeng Zhao. Beginning the year with $40 billion in custody, Binance’s assets…

Whales Accumulate BTC as Fish Sell Amid Market Fluctuations

Whales Accumulate BTC as Fish Sell Amid Market Fluctuations

In A Nutshell Recent on-chain data reveals a stark divergence in Bitcoin (BTC) ownership trends. While smaller investors, often referred to as ‘fish’, are reducing their Bitcoin holdings, ‘whales’ and ‘sharks’ are accumulating BTC at an unprecedented rate. This phenomenon, observed amidst fluctuating market sentiments near all-time high prices, suggests a strategic consolidation of Bitcoin…

Milady Wif Hat Presale Hits $18.6M in 2 Hours on Solana

Milady Wif Hat Presale Hits $18.6M in 2 Hours on Solana

In A Nutshell The digital currency landscape witnessed an extraordinary event as the Milady NFT memecoin presale achieved its ambitious $18.6 million goal in less than two hours. This event has sent ripples through the Solana ecosystem, highlighting the increasing interest and speculative fervor surrounding memecoins and NFTs in the current market climate. Presale Phenomenon…

Hoskinson Confirms Cardano’s Commitment to Hydra Project

Hoskinson Confirms Cardano’s Commitment to Hydra Project

In A Nutshell Charles Hoskinson, the co-founder of Cardano, has publicly refuted claims that the blockchain’s Hydra project has been abandoned. Amid speculation and rumors, Hoskinson took to social media to reaffirm the commitment to Hydra, a layer-2 scaling solution designed to enhance the efficiency of the Cardano network. This announcement comes in response to…