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...

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Volatility Awakens, Everything Drops.

Weekly Wrap: 14th August - 21st Augustgm"it feels like we are in for a somewhat sleepy summer in terms of price action. However, as always, crypto remains ready to surprise at a moments notice"What a difference a week makes... The market certainly isn't sleeping any more, volatility kicked up a gear and not in a positive direction. Over 10% was shaved off the crypto market within the past week and the majority of that was within a few hours towards the end of last week. Things have stabi...

Cloneverse, DeadGods and a Sleepy OnChain Summer

Weekly Wrap: 7th August - 14th Augustgm With 245 days left until the next Bitcoin halving and a lack of news on the Blackrock ETF front, it feels like we are in for a somewhat sleepy summer in terms of price action. However, as always, crypto remains ready to surprise at a moments notice. This week has seen the launch of onchainsummer.xyz, Coinbase's launch program for their new Base blockchain. I've bridged over and picked up a few NFTs from the campaign, including the Open Edition...

Curveball Avoided, FutureVerse FutureScore and On-Chain Summer Launches

Weekly Wrap: 31st July - 7th Augustgm The crab market in the crypto majors continues sideways, while NFT trading activity continues it's trend downwards. However, like always, there is never a dull day in crypto...Bitcoin: $29,037 🔽 -0.82%Ethereum: $1,827 🔽 -1.83% Chatter for the first part of this week was dominated by talk of a $110 million loan that was rumoured to have the potential to crash the price of CRV to zero. This would likely have sent ripples across the broder DeFi ecosys...

Telegram Bots, App Store NFTs & Defi Hacks

Weekly Wrap: 24th July - 31st Julygm Volatility didn't really arrive with the FOMC, but prices did slip a little... Bitcoin: $29,277 🔽 -2.68%Ethereum: $1,861 🔽 -1.43% While the crab market mostly continues for the crypto majors, albeit a little down. There certainly isn't a lack of activity with altcoin traders betting on telegram trading bots, NFTs selling on mobile app stores (including another wave of Reddit NFTs including a Cool Cats edition) and a relatively large hack unfold...

How FutureVerse FutureScore Encourages Responsible NFT Collecting

FutureVerse, the company behind the FLUF World collection, and partnered with the Cool Cats, recently released their "FutureScore" system which rewards collectors with points for holding NFTs and engaging with the ecosystem. These points will be used to distribute tokens for their new Layer One "The Root Network", although truly they could be used for rewarding community members in many ways, including access to drops, events and more.While the specific algorithm isn't public, there are ...

#futureverse#nft

The Rodents Are Coming

Weekly Wrap: 17th July - 24th Julygm If the Crypto market wanted to be taken seriously, then betting on Hamster races is probably not the way. None the less, that is exactly what happened this past week as a new token and website launched where thousands of punters are betting on which hamster will make it to the finish line first. This inspired a new animal racing category on CoinMarketCap. Back in the (only slightly) more sane world of the crypto majors, there hasn't been a whole lot o...

Ripple Creates Waves | Weekly Wrap: 10th July - 17th July

gm If you took a snapshot of the BTC price from last week and compared it with the price this morning, you wouldn't think much had happened. But as usual with crypto, there was quite the rollercoaster in between with up to ~6% boost in price at one point.Bitcoin: 30239 🔼 +0.58%Ethereum: $1922 🔼 +3.57%The big news this week was Ripple acheiving a partial win in their case with the SEC. This sent the price of their XRP token up by almost 100% in a matter of hours and sent the broader mar...

"The AI Analyst (NOT)" | Weekly Wrap: 3rd July - 10th July

gm We're still just about holding above $30k in Bitcoin and 1.8-1.9k for ETH. The NFT market still isn't looking great, although with a sharp rebound across several popular collections. And that upcoming Ether mint discussed last week, well... it got paused due to lack of demand. Hopefully those locking up their NFTs for 10 weeks were really just in it for the art. After sharing the crypto tools for ChatGPT last week, I thought I'd experiment with using some of them to create t...

"Weeds in the garden?" | Weekly Wrap: 26th June - 3rd July

gm It seems as if the Crypto market is holding onto its recent gains and could be consolidating for another leg up. Meanwhile blue chip NFT collections are in freefall. Could the blue chip NFT crew be migrating to the crypto majors? - @nuconomist📈 Weekly Crypto StatsCrypto Market Cap: 1.24 Trillion Dollars 🔼 +0.81% (Was 1.23 T) Bitcoin Dominance: 47.7% 🔽 -0.83% (Was 48.1%) Ethereum Dominance: 18.7% 🔼 +0.54% (Was 18.6%) Other Crypto (excl. BTC & ETH): 33.6% 🔼 +0.90% (Was 33.3%) Nuconomist...

Weekly Wrap: 19th June - 26th June

gm If last week's price action was a rollercoaster, then this week felt like one of the theme park rides that shoots you vertically into the air without pause. Although, hopefully in this case, we aren't waiting on the precipice for an equal drop. News of a BlackRock ETF application simmered over the weekend before shifting market sentiment almost overnight as the news digested and sent the crypto majors up by about 20% over a matter of days. There is definitely a feeling of a shift...