GM and welcome to The Crypto Nutshell! 😉 🥜 

The crypto newsletter that’s as satisfying as reaching into your pocket and finding a $20 bill you forgot about.

Today, we’ll discuss:

• Recapping the last 24 hours in the world of crypto 💵

• Mark Yusko - What is crypto Autumn? 🍂

• A deep dive into the inactive supply of BTC 🤷‍♂️

• And more…

MARKET WATCH ⚖️

BTC Dominance is currently at 49.91% and the current crypto market cap is $1.22T ▼2.29%

Biggest Winners of The Day 🤑

• Dogecoin (XRP) ▲4.81%

• Shiba Inu (SHIB) ▲3.98%

• Solana (SOL) ▲3.93%

Biggest Losers of The Day 😭

• Bitcoin Cash (BCH) ▼6.97%

• XRP (XRP) ▼6.82%

• Litecoin (LTC) ▼5.38%

Only the top 20 coins measured by market cap feature in this section

Larry Fink has done it again.

The CEO of BlackRock, the world’s largest asset manager, appeared on CNBC’s Squawk on the Street today and went on to say:

“Over the last five years, more and more global investors are asking us about the role of crypto…It has a differentiating value versus other asset classes. But more importantly, because it’s so international, it’s going to transcend any one currency and currency valuation”

In case you’ve been living under a rock, BlackRock recently filed for a Bitcoin ETF… do you realise how insane it is witnessing the CEO of the world’s largest asset manager praise Crypto and Bitcoin?

Check out this article for more details

All price data as of 8:30am ET

EXPERT OF THE DAY - MARK YUSKO 💰

Hedge Fund Manager Mark Yusko believes you have 9 months to get as much crypto as possible before the parabolic move upwards. 📈

In case you haven’t heard of Mark he’s the founder and current chief investment officer of Morgan Creek Capital. 





Mark Yusko believes that we are now in Crypto Summer ☀️

So it’s safe to say he has his pulse on the sentiment of institutional and high net-worth individuals when it comes to Crypto. 



Revealed in his interview this week on the Paul Barron Network, Mark predicted that he thinks investors have just over 9 months to stack as much crypto as possible before the Bitcoin halving, which signal’s the beginning of Crypto Autumn. 



Crypto Autumn is when speculators and punters return to the market and is characterised by the face-melting rallies & parabolic moves upwards we all know and love.



Until then, Mark Yusko believes we will see Bitcoin slowly drift upwards in price towards what he believes is it’s current fair value - $55,000.



He then thinks beyond the Bitcoin halving, which is scheduled to happen on April 26, 2024, we will see Bitcoin finally cross the highly anticipated 6 figure mark - $100,000.



Better get to stacking those sats!

 🤑

ON CHAIN DATA DIVE 📊

Time to look at the Percent Supply Last Active 1+ Years Ago chart.

This chart shows the percentage of Bitcoins that have been inactive for 1+ years (not been traded or moved).

An increase in inactive Bitcoin’s means the market is HODLing and anticipating higher prices. A decrease in inactive Bitcoins hints at the end of the bull run as traders begin selling.

Note: Coins that have not been moved in 1+ years will become “young” again once they are traded, reducing this metric.

The supply last active recently hit an all time high of 69.01% 😯

In other words, 69.01% of Bitcoin has not moved since July 2022 when the price was ~$20,000 🤯

Nutty’s Takeaway: With the inactive supply of Bitcoin continuing to increase, its clear that traders are HODLing for the next bull run. Strap in and continue to stack those sats, this bull run is going to be crazy 🐂

CRACKING CRYPTO 🥜

TRIVIA TIME ✍️

What is the current balance of Bitcoin available for purchase on exchanges?

• A) 1.87 million

• B) 5.76 million

• C) 11.43 million

• D) 4.20 million

Find out the answer at the bottom of this newsletter 😀

MEME CORNER 😂

Because what would the crypto world be without its share of memes?

Trivia Answer: A) 1.87 million🎉

There are currently 1.87 million bitcoin’s available for purchase on exchanges. Check out this link for more info.

NUTCASE REVIEW OF THE DAY 🔍

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.