GM and welcome to The Crypto Nutshell! 😉 🥜 

The crypto newsletter that’s as satisfying as being dealt a BlackJack 🎰

Today, we’ll discuss:

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

• BlackRock’s Larry Fink is the biggest BTC Shill??? 💰

• There are now 1 MILLION ‘Wholecoiners’ 🤑

• And more…

MARKET WATCH ⚖️

BTC Dominance is currently at 50.18% and the current crypto market cap is $1.20T ▼1.13%

Biggest Winners of The Day 🤑

• No Coins in the top 20 have made any gains in the last 24 hours 😢

Biggest Losers of The Day 😭

• Solana (SOL) ▼3.92%

• Litecoin (LTC) ▼3.59%

• Bitcoin Cash (BCH) ▼3.25%

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

All price data as of 8:45am ET

EXPERT OF THE DAY - LARRY FINK 🪨

Blackrock believes that the BIG BOYS are coming and want YOUR Bitcoin and Crypto 😈 

The CEO of the most powerful company in the world - Blackrock - just did it again, this week appearing on CNBC saying that he thinks Bitcoin will transcend every international currency due to broad-based, world wide demand.


In case you don’t know him - Larry Fink is the CEO of asset manager BlackRock and if you don’t know BlackRock just know they are the company that essentially owns the entire world.



BlackRock is the largest asset manager in the entire world, with over $10 Trillion dollars under management, they are invested in essentially every single company you have ever heard of.



As you would have heard by now BlackRock announced that they are entering into the crypto arena by applying with the SEC for a spot Bitcoin ETF which is huge news. 


Since then, Larry Fink has stated in multiple interviews just how bullish he is on Bitcoin but also the entire crypto industry.



In his latest interview with CNBC he stated that over the past 5 years, more and more demand has been coming from institutional investors for Bitcoin & Crypto, and he also said that Bitcoin can transcend the devaluation of the dollar. 

The significance of this cannot be understated, the CEO of the largest asset management firm in the world is extremely optimistic on the future of Bitcoin & blockchain. 



Nutty’s Thoughts: Don’t get caught with your pants down selling your Bitcoin to the big institutions. 🚨 

This period is one of the few times in history that regular folk like me and you can FRONTRUN the big sophisticated investors. 🏃‍♂️💨 

ON CHAIN DATA DIVE 📊

How many people hold more than 1 Bitcoin? 🤔

Lets take a look at the Number of Addresses with Balance ≥ 1 chart to find out.

This ones pretty self explanatory, but it case you’re unsure, this chart just tracks all Bitcoin wallet addresses that currently hold one or more Bitcoin.

🚨 The number of wallet addresses holding ≥ 1 BTC recently hit 1 million 🚨

The price of Bitcoin fell more than 65% over the course of 2022. This led to the number of wallet addresses holding one Bitcoin or more to spike. 📈

The largest surge occurred around the time that FTX collapsed and filed for bankruptcy.

Now, there’s a simple lesson to be learned here. And the co-founder of Glassnode, Negentropic is here to teach you.

“Buy when there is Blood in the streets.”

Nutty’s Takeaway: If you believe in Bitcoin for the longterm, then wouldn’t the best time to buy be when the price dips? Of course it would be. Always take advantage of breaking news (like FTX collapsing) and accumulate that discounted Bitcoin. That’s what today’s chart is telling us. The most dedicated Bitcoiners continue to accumulate when the price drops and they are always rewarded for it on a long enough time horizon.

CRACKING CRYPTO 🥜

TRIVIA TIME ✍️

What is Ethereum’s all time high price?

• A) $4,891.70

• B) $101,365.28

• C) $68,789.63

• D) $67,245.98

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: C) $4,891.70 🎉

According to Coinbase, the all time high price for Bitcoin is $4,891.70

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.