Nuconomist

Hello World.

One year ago, I decided to start a weekly newsletter with a goal of onchain verification and NFT gated premium content every now and then. Today...

#paragraph.xyz#farcaster#streaks

NFTs are dead.

Only six billion USD of sales this year...

#nft

New Year, New Airdrops

gm Keeping it short this week and will likely be making some changes to the format of this newsletter for the new year. In the meantime, you might want to check if you're eligible for these new airdrops:Dymension$LFGOnwards... - @nuconomist📈 Crypto CornerMarket Stats- Market statistics provided by CoinGecko📰 Crypto NewsWhy the Bitcoin price will rise or fall on the SECs Spot ETF Ruling - Bitcoin Magazine This article provides some potential outcomes if the ETF is approved or denied and...

To the $BONK Mobile!

gm Both Bitcoin and Ethereum have taken a step back as other chains have taken the spotlight for the moment. In particular, the excitement around Solana continued, peaking with a Coinbase listing of Memecoin $BONK and the almost forgotten Solana phone unexpectedly selling out overnight and re-selling for multiple thousands on eBay. Since the weekend things have cooled down somewhat after a series of sobering hacks hit the Ethereum ecosystem. First a vulnerability was pushed out to users of a ...

Airdrop SZN on Solana?

gm Bitcoin continued it's run up this week reaching highs of around $44k, however, it has fallen over the last 24 hours to around $40k. Markets never go up in a straight line and many were expecting at least a speed bump. Ethereum, and the wider crypto market followed suit, although the bounce-back appears to have already begun. Once again this year, in the broader crypto world, Solana appears to be the star of the show. This time with 90 million token airdrop for almost 10,000 users of ...

Bitcoin and Pudgy Penguins Fly 🚀

Pudgy Penguins via GIPHY gm The Bulls are well and truly back in control without an ETF in sight. Unless the market gets too excited and trips over its own feet, I can see this gearing up for a Santa Claus Rally. Yes, that is in fact a thing and no, it is not guaranteed! This weeks crypto stats are taken from the weekly open, but since then Bitcoin has smashed through the $40k barrier and as I'm writing this sits at $41,800 after reaching highs in the 42s. Ethereum is up too, but it defi...

Weekly Wrap & Cool Cats IRL

gm Last week the feed was full of Blast L2 links and this week, its seemingly full of Blast L2 FUD. With over $500 million deposited up in a 3/5 Ethereum multisig and funds moved to Lido before as much as a testnet is live, it's not surprising. More on that later... The $ROOT token from Futureverse I mentioned last week, went live on several centralised exchanges and quickly settled at around 3c per token. This was down from about 10c in pre-launch OTC trading but much higher than the op...

Is Hold to Earn the new meta?

gm Blur is the talk of the timeline today with the end of their Season 2 aidrop campaign. If you have listed or traded NFTs on Blur since February this year, or used Blend, their lending platform you may be eligible for some free $BLUR tokens. You can check your claim here. But wait, there's more! As always in crypto there is a twist. Blur are launching a new Ethereum L2 called Blast. Claiming the Blur airdrop deposits your Blur tokens into a holding contract where you earn points toward...

Solana soars almost 200%

gm Still no news on the Bitcoin ETF, but a surprise Ethereum ETF filing from Blackrock saw it jump 10% in short order. This saw Bitcoin dominance fall back and it looks to be settling with the BTC/ETH price around 0.0565 at the time of writing this. Outside of the crypto majors, Solana has definitely been the star of the show recently, having jumped almost 200% from $21.37 since the beginning of October to over $63 dollars within the past week. This has seen some spillover focus on the NFT ma...

NFTs Are So Back!

Weekly Wrap: 31st October - 6th November gm Whether it is the announcement of ArcadeDAO last week, the upcoming Blur airdrop or just the general buoyancy of the crypto markets, there is definitely some excitement back in the NFT market. NFTFi volume in particular has exploded by more than 40% in a week even as the number of deposits remained dropped. This suggests to me that farmers are definitely eyeing up this opportunity but it looks like they are gunning for ETH volume over transaction nu...

NFT Finance Wars

Weekly Wrap: 23rd October - 30th October gm The Crypto majors seem to have settled around their new heights. The biggest winner is Bitcoin which is up over 15% on the week and is now firmly overweight in the dominance charts at 51%+. This is no surprise as one of biggest narratives has been around the potential approval of a Spot Bitcoin ETF in the US. But also more broadly, Bitcoin is the gold standard of crypto and tends to lead the market in many ways. Could we have reached a bottom? I can...