A widely followed crypto strategist believes that top meme token Dogecoin (DOGE) looks bullish even after last week’s marketwide correction. Pseudonymous analyst Altcoin Sherpa tells his 214,100 followers on the social media platform X that DOGE has managed to stay above a key support level on the weekly chart even after dropping to a seven-day...Read full story at The Daily Hodl >
A widely followed trader believes that Solana (SOL) is in a position to massively outperform its rival Ethereum (ETH). Seasoned trader Peter Brandt tells his 723,800 followers on the social media platform X that the SOL/ETH chart is now trading very close to a key resistance level. Brandt says that Solana may witness 100% gains...Read full story at The Daily Hodl >
Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues. In a post on social media platform X, Cronje says that Solana’s recent outages are only because of its rising user activity and popularity. “Seeing a lot of ‘I...Read full story at The Daily Hodl >
American retail trading giant Robinhood has reportedly grown its digital asset holdings substantially in the past six months, according to an on-chain expert. Parsing through data from blockchain intelligence firm Arkham, Coinbase director Conor Grogan estimates that Robinhood’s Bitcoin (BTC) stash has grown 14%, adding to its $23.59 billion holdings. At the same time, Grogan...Read full story at The Daily Hodl >
Crypto short sellers are getting liquidated as Bitcoin (BTC) breaks out past the $70,000 mark once again while altcoins also rally. According to liquidation data from CoinGlass, the crypto markets have seen more than $187 million in liquidations in the last 24 hours – the majority of which are short sellers. In the last day,...Read full story at The Daily Hodl >
The President of the Federal Reserve Bank of Minneapolis reportedly says that Bitcoin (BTC) has no legitimate use case and that it may be putting investors into “harm’s way.” Neel Kashkari, the bank’s President and CEO says that BTC is more of a consumer safety risk than a financial stability risk. In a LinkedIn Live...Read full story at The Daily Hodl >
Closely followed crypto analyst Ali Martinez says that a contrarian play on Solana might be presenting itself for SOL bulls. Martinez says that Solana’s consolidation from the yearly high and the recent outages on its network have created a low in sentiment for SOL. Late last week, Solana also dealt with some congestion issues partially...Read full story at The Daily Hodl >
New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest...Read full story at The Daily Hodl >
A Bitcoin whale that sat dormant for the last decade has suddenly awakened and begun transferring millions of dollars worth of BTC. First spotted by blockchain tracking firm Lookonchain, an address beginning with “1CLx” – which bought Bitcoin when it was trading below $30 – has awakened after 10 years of inactivity. “A whale with...Read full story at The Daily Hodl >
Indicators are now strongly hinting that Bitcoin’s (BTC) recent rallies have a lot more gas left in the tank and that much bigger gains are about to be witnessed, a closely followed crypto analyst says. The pseudonymous analyst known as TechDev tells his 444,000 followers on the social media platform X that Bitcoin is currently...Read full story at The Daily Hodl >
A widely followed crypto strategist believes that one Ethereum (ETH) competitor is gearing up to witness a breakout rally. Pseudonymous analyst The Crypto Dog tells his 775,100 followers on the social media platform X that he’s bullish on the smart contract protocol Near (NEAR). The analyst shares a chart suggesting that NEAR is threatening to...Read full story at The Daily Hodl >
The research branch of top US-based crypto exchange platform Coinbase says that going forward, investors are likely to aggressively purchase Bitcoin (BTC) when it dips. In a new blog post, Coinbase Institutional says that gold is a winner this cycle due to rising economic and geopolitical concerns. According to Coinbase, the success of gold can...Read full story at The Daily Hodl >
A federal trial court jury has found collapsed crypto company Terraform Labs and its founder Do Kwon liable in the fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in February last year. According to the SEC, Kwon and his firm offered and sold crypto asset securities and carried out a fraudulent scheme...Read full story at The Daily Hodl >
A Bitcoin whale with nearly $600 million in BTC has deposited a large amount of its coins to Binance, the largest crypto exchange in the world. According to blockchain tracking firm Lookonchain, a whale that’s been dormant for the past eight months sent over $74.3 million in Bitcoin to Binance and still holds on to...Read full story at The Daily Hodl >
Crypto exchange Coinbase has announced it’s adding a new Solana (SOL)-based altcoin to its listing roadmap ahead of the token’s launch. Announcing via the social media platform X, Coinbase says it’s adding Tensor (TNSR) to its listing roadmap. Coinbase’s listing roadmap is designed to give a heads-up to users before the listing of any crypto...Read full story at The Daily Hodl >
A trader who rode last year’s crypto breakout thinks that Ethereum (ETH) will continue to underperform unless something monumental takes place. Pseudonymous analyst DonAlt tells his 535,700 followers on the social media platform X that he expects other altcoins to massively outperform Ethereum as soon as market conditions improve. DonAlt believes Ethereum will continue to...Read full story at The Daily Hodl >
SkyBridge Capital founder Anthony Scaramucci says Bitcoin (BTC) has more upside potential from current levels driven by solid demand and dwindling supply. In a new CNBC interview, the hedge fund veteran says that the approval of the Bitcoin spot market exchange-traded funds (ETFs) cleared regulatory hurdles for BTC and allowed fresh pools of capital to...Read full story at The Daily Hodl >
Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread. In a new outlook report, S&P says it’s downgrading First Commonwealth Financial Corp., M&T Bank Corp., Synovus Financial Corp., Trustmark Corp. and Valley National Bancorp. All five banks were downgraded to “negative” from “stable.” S&P says the...Read full story at The Daily Hodl >
A widely followed crypto strategist believes that one newly launched altcoin could see gains of multiples within weeks. Pseudonymous analyst Altcoin Sherpa tells his 213,900 followers on the social media platform X that cross-chain messaging protocol Wormhole (W) could head much higher after a recent airdrop of tokens and a listing on several exchanges. “W:...Read full story at The Daily Hodl >
Bitcoin (BTC) is flashing a bullish signal based on one historical factor, according to market intelligence platform Santiment. In a new thread, the crypto analytics firm says that it appears as if the top crypto asset by market cap is losing momentum after skyrocketing nearly 150% since October. However, Santiment notes that historically, the more...Read full story at The Daily Hodl >
Binance’s head of financial crime compliance reportedly appeared at a Nigerian court hearing on Thursday following charges of money laundering and tax evasion. Nigerian prosecutors have asked that Tigran Gambaryan, Nadeem Anjarwalla and Binance itself be put on trial for operating without the required license, unlawfully negotiating foreign exchange rates, tax evasion and concealing the...Read full story at The Daily Hodl >
Synthetic dollar protocol developer Ethena Labs has added Bitcoin (BTC) to the backing of its USDe stablecoin, the firm’s flagship product. Announcing via the social media platform X, Ethena Labs says that using Bitcoin to back USDe is “a crucial unlock which will enable USDe to scale significantly” from its current supply of $2 billion....Read full story at The Daily Hodl >
A Coinbase executive says the United States is lagging behind other major nations when it comes to adopting clearer regulations on cryptocurrencies. In a new interview with Yahoo Finance, Faryar Shirzad, chief policy officer for the top US crypto exchange, says the majority of the Group of Twenty (G20) members are way ahead of the...Read full story at The Daily Hodl >
Closely followed crypto analyst Jamie Coutts says one indicator with a history of calling Bitcoin Q2-Q3 rallies is potentially about to flash green for BTC. Coutts tells his followers on the social media platform X that the dollar index (DXY), which measures the strength of the US dollar against a weighted basket of other major...Read full story at The Daily Hodl >
A widely followed trader is expressing bearish sentiment on a months-old memecoin built on Solana (SOL). The trader pseudonymously known as Bluntz tells his 253,400 followers on the social media platform X that dogwifhat (WIF) may be due for a correction. According to the pseudonymous trader who applies the Elliott Wave theory in his technical...Read full story at The Daily Hodl >
A cryptocurrency analyst and trader says Bitcoin (BTC) is in the final stages of a pre-halving consolidation in preparation for the next leg up. The analyst pseudonymously known as Rekt Capital tells his 72,300 YouTube subscribers that Bitcoin is currently in a reaccumulation phase and will soon undergo the final pre-halving retracement phase. According to...Read full story at The Daily Hodl >
Top global crypto exchange Binance is rolling out support for a new layer-1 crypto project via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 51st project will be Saga (SAGA), a web3 platform designed for developers. Saga aims to enable developers to launch interoperable, application-specific chains called...Read full story at The Daily Hodl >
El Salvador is handing out the first-ever batch of “Bitcoin Diplomas” as students graduate from the nation’s cutting-edge Bitcoin (BTC) education program. According to El Salvador’s Mi Primer Bitcoin, earlier this week, students completed a 10-week-long educational program, which teaches children the history and technology behind the top crypto asset by market cap for free....Read full story at The Daily Hodl >
PayPal just rolled out a new service that allows users to fund their cross-border money transfers using PayPalUSD (PYUSD), the US dollar-pegged stablecoin that the online payments giant unveiled in August last year. In a new statement, PayPal says that US users of remittance provider Xoom can now convert the PYUSD in their PayPal account...Read full story at The Daily Hodl >
The founders of analytics platform Glassnode believe Bitcoin (BTC) is gearing up for a much bigger move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that Bitcoin appears to be forming a bullish pattern amid a market correction. However, the analysts...Read full story at The Daily Hodl >
Ethereum (ETH) rival Fantom (FTM) is launching a new “canonical” stablecoin in partnership with USDC-issuer Circle. Fantom will utilize the cross-chain messaging protocol Wormhole (W) to roll out the new stablecoin, USDC.e. Explains the Fantom Foundation, “USDC.e on Wormhole is bridged from native USDC, located in a smart contract on Ethereum, and holds the potential...Read full story at The Daily Hodl >
A new guaranteed basic income pilot is reportedly gearing up for launch, preparing to hand cash to hundreds of families living below the poverty line. The program aims to distribute monthly $500 checks for a year to 140 families in Evanston, Illinois, reports the local news outlet Evanston RoundTable. Applicants must have children 5 years...Read full story at The Daily Hodl >
A top analyst who accurately called Bitcoin’s (BTC) 2022 price floor says the king crypto’s current cycle top may max out at $100,000. In a new strategy session, pseudonymous analyst DonAlt tells his 58,600 YouTube subscribers that Bitcoin may soar more than 47% from the current value to print a cycle top if there is...Read full story at The Daily Hodl >
A popular crypto analyst and trader says that Bitcoin (BTC) could hit new all-time highs (ATHs) if it breaks above a key range. Pseudonymous crypto strategist Credible Crypto tells his 386,200 followers on the social media platform X that Bitcoin could soar after clearing the $68,000-$70,000 range resistance. However, the trader warns if Bitcoin fails...Read full story at The Daily Hodl >
A widely followed analyst and trader is expressing bullish sentiment on one Ethereum (ETH) competitor while offering his forecast on gaming altcoin Beam (BEAM). The analyst pseudonymously known as Altcoin Sherpa tells his 213,800 followers on the social media platform X that the price of the native token of the layer-1 blockchain Solana (SOL) could...Read full story at The Daily Hodl >
Cryptocurrency analyst and trader Kevin Svenson is saying Bitcoin (BTC) could be on the cusp of a significant upward move based on one indicator. Svenson tells his 74,800 YouTube subscribers that the Relative Strength Index (RSI) oscillator “can sometimes be a leading indicator” and that it could potentially prove useful in predicting the “next major...Read full story at The Daily Hodl >
A veteran crypto trader thinks one Ethereum (ETH) rival is about to “turbo send.” The pseudonymous digital asset analyst known as Bluntz shares a chart with his 253,100 followers on the social media platform X that indicates the smart contract platform NEAR Protocol (NEAR) could jump past the $10.50 range. NEAR is trading at $6.67...Read full story at The Daily Hodl >
U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce criticizes the agency for making little public engagement. During a speech, Peirce says that those who approach the securities watchdog with their concerns more often fail to get the response that they need. “Productive interactions with the SEC are fewer and further between than they were...Read full story at The Daily Hodl >
A widely followed crypto analyst is taking a look at the altcoin markets as they trade against Bitcoin (BTC). Crypto trader Michaël van de Poppe tells his 710,800 followers on the social media platform X that altcoins are down big right now when trading against BTC. “Altcoins are down 50-70% in their Bitcoin pairs. That’s an actual...Read full story at The Daily Hodl >
Payments platform Ripple is announcing its plans to create a new US dollar-pegged stablecoin on Ethereum (ETH) and the XRP Ledger. In a new press release, Ripple Labs says that its stablecoin, which has yet to be named, will be pegged 1:1 to the US dollar and will be 100% backed up by cash, short-term...Read full story at The Daily Hodl >
A closely followed crypto analyst is predicting a red-hot altcoin built on the Ethereum (ETH) scaling solution Base will head to new all-time highs (ATHs). Crypto strategist Ali Martinez tells his 56,700 followers on the social media platform X that memecoin Brett (BRETT) could appreciate about 71% from its current value. “BRETT on Base presents...Read full story at The Daily Hodl >
The US government moved more than $131 million worth of seized Bitcoin (BTC) to Coinbase, according to multiple blockchain-tracking firms. The crypto tracker Lookonchain notes the US government recently transferred a total of 30,174.703 BTC (worth $1.98 billion), of which 2,000 BTC (worth $131.65 million) went to the Coinbase Prime wallet. The blockchain intelligence firm...Read full story at The Daily Hodl >
A popular crypto analyst says Bitcoin (BTC) may be gearing up for a massive breakout based on several aligning indicators. Pseudonymous analyst TechDev tells his 443,100 followers on the social media platform X that the Wyckoff accumulation schematic is bullish for digital assets. He also says that the Gaussian channel is indicating digital assets are...Read full story at The Daily Hodl >
An analyst and trader is issuing a warning on Bitcoin (BTC) amid the flagship crypto asset’s double-digit pullback from an all-time high reached last month. The analyst pseudonymously known as Rekt Capital tells his 71,300 YouTube subscribers that Bitcoin is currently experiencing a correction ahead of the halving scheduled to occur in a little over...Read full story at The Daily Hodl >
BitMEX founder Arthur Hayes is predicting one new decentralized finance (DeFi) altcoin project will take off on a massive rally once the broader crypto market resumes an uptrend. Hayes is predicting that Ethena (ENA), a governance token launched by Ethena Labs for the project’s DeFi protocol, could soar more than 817% from the current value....Read full story at The Daily Hodl >
A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”. According...Read full story at The Daily Hodl >
Bitcoin halving 2024 – perhaps the most eagerly awaited event in the crypto world this year – is now less than a month away. While the abundance of countdown timers scattered across various platforms highlights its significance, its true implications for the crypto market remain somewhat ambiguous. Officially, the Bitcoin halving signifies a halving of...Read full story at The Daily Hodl >
A popular crypto trader is bullish on a blockchain gaming platform. The pseudonymous analyst known as Altcoin Sherpa tells his 213,600 followers on the social media platform X that he sees Gala (GALA) finding support at $0.053 and $0.046, which represent the 0.5 and 0.618 Fibonacci retracement levels. The analyst believes that GALA may bounce...Read full story at The Daily Hodl >
A crypto strategist is issuing a warning on Ethereum, saying that ETH is now in the midst of a major correction. Pseudonymous analyst Ali Martinez tells his 56,500 followers on the social media platform X that Ethereum is now bearish after breaking below support at $3,400. The trader shares a chart suggesting that ETH may...Read full story at The Daily Hodl >
More than 12 million Binance Pay users can now use the dog-themed memecoin Floki (FLOKI) to purchase goods and services across the globe. Binance Pay is a crypto payment solution that has partnered with thousands of online and offline merchants. The Floki announcement materialized after an active couple of weeks for the memecoin. Floki and...Read full story at The Daily Hodl >
A venture capital firm co-founded by an executive of Coinbase is reportedly looking to raise between $750 million and $850 million for a new fund. According to a new report by Bloomberg, anonymous sources familiar with the matter say that crypto venture capital firm Paradigm – founded by Coinbase Global co-founder Fred Ehrsam and ex-Sequoia...Read full story at The Daily Hodl >
The founders of analytics platform Glassnode say Bitcoin (BTC) has a real potential to suddenly soar to a cycle top of $256,000. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say Bitcoin could explode more than 278% from its current price before retracing in a...Read full story at The Daily Hodl >
The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena’s synthetic dollar, USDe. Last week, Maker deployed 100 million DAI to Spark’s sUSDe/DAI and USDe/DAI markets on Morpho Blue, a lending protocol on Ethereum (ETH). The move enabled “overcollateralized scalable liquidity for...Read full story at The Daily Hodl >
The founder of venture capital firm Pomp Investments, Anthony Pompliano, is expressing bullish sentiment on Bitcoin (BTC). Pompliano says in an appearance on CNBC that “it’s hard to see” how the price of Bitcoin will fail to continue appreciating amid a convergence of various catalysts and historical precedent. “We just hit a really important milestone...Read full story at The Daily Hodl >
A deep-pocketed investor is accumulating massive amounts of two Solana (SOL)-based memecoins, on-chain data shows. Blockchain-monitoring service Lookonchain says that one trader just bought 181 million cat in a dog’s world (MEW) after buying 776,830 dogwifhat (WIF) less than two weeks earlier. “A smart money is buying MEW with a new wallet, and has spent...Read full story at The Daily Hodl >
Closely followed quant analyst PlanB believes that Bitcoin (BTC) can print more than 4X gains this market cycle. In a new strategy session, the on-chain analyst tells his 140,000 YouTube subscribers that it would be a letdown if Bitcoin ended the current bull market with a $200,000 price peak. PlanB says his stock-to-flow model, which...Read full story at The Daily Hodl >
A closely followed crypto analyst believes that Dogecoin (DOGE) could hit a huge price target if the memecoin repeats a historic pattern. Crypto strategist Ali Martinez tells his 56,000 followers on the social media platform X that the dog-themed digital asset could soar by 5,900% from its current value. “I feel my fellow DEGENs have...Read full story at The Daily Hodl >
The world’s leading crypto exchange by trading volume is incentivizing developers to build the next viral memecoin on the company’s BNB Chain. Today, Binance’s BNB Chain announced the BNB Chain Meme Innovation Battle with a prize of up to $1 million. “We’re thrilled to announce the BNB Chain Meme Innovation Battle where up to $1 million is...Read full story at The Daily Hodl >
A popular crypto analyst is unveiling his Ethereum (ETH) and Bitcoin (BTC) peak price predictions for the current bull market cycle. The pseudonymous analyst known as Credible tells his 384,800 followers on the social media platform X that Ethereum will surge past $10,000 at “minimum,” but notes that ETH can realistically rally to as high...Read full story at The Daily Hodl >
Longer-term Bitcoin (BTC) holders have begun trading their coins off to new investors entering the market, according to on-chain analytics firm Glassnode. In a new report, Glassnode says that Bitcoin’s recent move into price discovery above new all-time highs has enticed holders who were far in profit to distribute to a newer investor cohort. The...Read full story at The Daily Hodl >
Merkle Manufactory, a Los Angeles-based software company behind the Farcaster decentralized social networking protocol, is reportedly nearing the conclusion of a funding round with a $1 billion valuation. Bloomberg, citing “people with knowledge of the matter,” reported the billion-dollar valuation and noted that the crypto investment firm Paradigm is leading the round. Merkle is behind...Read full story at The Daily Hodl >
April 2, 2024 – Hong Kong, Hong Kong Moongate announces the closing of a $2.7 million seed round to develop a modular Web 3.0 engagement layer for real-world activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and...Read full story at The Daily Hodl >
Tron Foundation and other firms associated with Tron (TRX) founder Justin Sun are asking a judge to dismiss the lawsuit lodged against them by the U.S. Securities and Exchange Commission (SEC). In a motion filed late last month, lawyers for Tron say that the SEC is going beyond its jurisdiction when it moved to regulate...Read full story at The Daily Hodl >
Argentina’s market regulator has launched a mandatory registry for crypto service providers. The Comisión Nacional de Valores’ (CNV) new Registry of Virtual Asset Service Providers (PSAV) mandates that crypto companies like exchanges enter specified information on the regulator’s website in order to operate in the country. CNV President Roberto E. Silva says they timed the...Read full story at The Daily Hodl >
A closely followed crypto trader is predicting Ethereum (ETH) will reach new all-time highs (ATHs) within days. Pseudonymous trader Criptopaul tells his 135,400 followers on the social media platform X that the top altcoin historically outperforms Bitcoin (ETH/BTC) during the month of the halving event, when BTC miners’ rewards are cut in half. The next...Read full story at The Daily Hodl >
A venture capitalist who accurately called the cryptocurrency market bottom in 2022 says Solana (SOL) is almost ready to print a fresh all-time high. Chris Burniske, the former head of crypto at Cathie Wood’s ARK Invest, tells his 286,200 followers on the social media platform X that Solana is raring for a new record high....Read full story at The Daily Hodl >
A closely followed analyst who correctly called the current Bitcoin (BTC) correction says the crypto king is on the verge of witnessing an all-time high breakout. Pseudonymous analyst Rekt Capital tells his 440,100 followers on the social media platform X that Bitcoin has kickstarted the breakout process. According to the analyst, Bitcoin has completed the...Read full story at The Daily Hodl >
A closely followed crypto strategist thinks that three memecoins are gearing up to witness breakout surges. Pseudonymous analyst Altcoin Sherpa tells his 213,200 followers on the social media platform X that he sees top memecoin Dogecoin (DOGE) igniting an over 50% rally from current levels after moving above its resistance at $0.195. “DOGE: On its...Read full story at The Daily Hodl >
The founder and former CEO of the now-collapsed FTX crypto exchange is speaking out from behind bars. Last week, a US judge sentenced disgraced FTX founder Sam Bankman-Fried (SBF) to 25 years in prison after the former crypto tycoon was convicted of fraud charges last year. Now, in the first week of his 25-year sentence, SBF says...Read full story at The Daily Hodl >
A veteran trader is warning that Ethereum’s (ETH) place as the dominant smart contract platform is not as set in stone as many believe. Pseudonymous trader The Flow Horse tells his 210,000 followers that there’s a possibility that Ethereum is like Compaq Computer Corporation, which was the top dog in its field before eventually fizzling...Read full story at The Daily Hodl >
Pomp Investments founder Anthony Pompliano says a growing awareness of inflation is pushing more and more Americans to look toward Bitcoin (BTC). In a new discussion on CNBC, Pompliano says BTC’s seven straight green months are likely linked to investors becoming increasingly aware of inflation and the likelihood that it will remain hot as the...Read full story at The Daily Hodl >
Binance founder and former CEO Changpeng Zhao is busy with a new project that aims to reduce the world’s illiteracy rate. In March, Zhao announced plans to launch the Giggle Academy, a platform that provides free education to the masses. In a new post on social media platform X, Zhao gives an update on the...Read full story at The Daily Hodl >
The firm behind the leading USD-pegged stablecoin is releasing the results of a recent security audit. According to a new blog post from Tether, the firm behind USDT, is taking steps toward “achieving the highest level of security compliance an organization can demonstrate.” “Tether, the largest company in the cryptocurrency industry, announced a significant security update today....Read full story at The Daily Hodl >
One layer-one blockchain project developing in the Bitcoin (BTC) ecosystem is skyrocketing in value as the broader crypto market consolidates. Core (CORE), which aims to leverage Bitcoin’s proof-of-work system (POW) along with the attributes of proof-of-stake (POS) using its own consensus mechanism called satoshi plus, has soared more than 477% in the past week. Core...Read full story at The Daily Hodl >
A co-founder and developer of crypto mixer Tornado Cash has filed a motion to have the US government’s lawsuit against him dismissed. Last year, the U.S. Department of Justice (DOJ) charged Roman Storm and Roman Semenov, another founder, with aiding the North Korean hacking group Lazarus in laundering illicit funds through the Tornado Cash mixing...Read full story at The Daily Hodl >
A widely followed crypto analyst is issuing a warning on Ethereum, saying that ETH could still witness a 2019-style collapse. In a new video update, crypto strategist Benjamin Cowen tells his 796,000 YouTube subscribers that the conditions for Ethereum now are similar to that of mid-2019, and that the leading smart contract platform may suffer a...Read full story at The Daily Hodl >
Closely followed trader and economist Alex Krüger says new all-time highs for Bitcoin (BTC) are likely just around the corner. Krüger tells his 169,000 followers on the social media platform X that the daily market structures of several large-cap crypto assets are all clearly bullish. Based on the charts, Krüger says he’s expecting a new...Read full story at The Daily Hodl >
A closely followed crypto analyst says that an all-time high of fresh capital has entered the digital assets market during the last 30 days. In a new thread, crypto strategist Ali Martinez tells his 55,500 followers on the social media platform X that the crypto markets have been inundated with record-high capital inflows in just...Read full story at The Daily Hodl >
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure. In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market....Read full story at The Daily Hodl >
An analyst who’s been making timely altcoin calls as of late thinks that three crypto assets are almost ready to witness moves to the upside. Pseudonymous analyst Bluntz tells his 252,000 followers on the social media platform X that he’s bullish on Solana (SOL). According to the top crypto strategist, Solana appears to have completed...Read full story at The Daily Hodl >
A widely followed crypto analyst is detailing when he believes Ethereum (ETH) and altcoins could outpace Bitcoin (BTC). In a new video update, crypto strategist Jason Pizzino tells his 321,000 YouTube subscribers that the altcoin market is setting up for a massive rally – with the ETH/BTC pair as its proxy. “Still seems like the...Read full story at The Daily Hodl >
The parent company of MetaMask, one of the world’s most popular crypto wallets, is urging the U.S. Securities and Exchange Commission (SEC) to approve spot market Ethereum (ETH) exchange-traded funds (ETFs). In a new letter to the SEC, Consensys asks the regulatory agency to approve spot market ETH ETFs as Ethereum’s proof-of-stake consensus mechanism, which...Read full story at The Daily Hodl >
The US government just added more than half a trillion dollars to its balance sheet in three months. Data from the Treasury Department’s Debt to the Penny database shows the national debt rose from $33.896 trillion on December 27th to $34.573 trillion on March 27th – an increase of $677 billion. The CEO of the...Read full story at The Daily Hodl >
US-based crypto exchange Coinbase says Q2 of 2024 will likely be a bullish period for Bitcoin (BTC) and the broader digital asset market. In a new LinkedIn post, Coinbase head of institutional research David Duong says that the previously identified headwinds for crypto are now in the rearview mirror. “Looking ahead, the setup for 2Q24...Read full story at The Daily Hodl >
Widely followed economist and crypto analyst Alex Krüger says that traditional finance (TradFi) firms have a choice to make when it comes to Bitcoin (BTC). Krüger tells his 169,200 followers on the social media platform X that TradFi portfolio managers will likely underperform everyone else for the next 10 years if they don’t accumulate Bitcoin...Read full story at The Daily Hodl >
The CEO of Lightning Network wallet Strike says the US government’s rapid debt accumulation will be the catalyst that sends Bitcoin (BTC) to greater heights. In a new interview with Bloomberg Technology, Jack Mallers says the United States has no way of paying off its record-high $34.578 trillion debt. According to Mallers, he sees the...Read full story at The Daily Hodl >
BitMEX founder Arthur Hayes says that memecoins are a net positive for blockchain ecosystems, despite criticisms. In a new interview with Real Vision founder Raoul Pal, Hayes says memecoins are a “powerful” form of expression for the masses. “You move to ETH then you move to Solana, and then all of a sudden you’re trading...Read full story at The Daily Hodl >
Galaxy Digital chief executive Mike Novogratz believes that Bitcoin now has access to an $84 trillion market following the approval of BTC spot market exchange-traded funds. Speaking at the Bitcoin Investor Day event in New York, the billionaire says BTC is witnessing a dramatic increase in adoption with the launch of the ETFs. He also...Read full story at The Daily Hodl >
Top global crypto exchange Binance has announced plans to support a new Ethereum (ETH)-based altcoin via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 50th project will be Ethena (ENA), a synthetic dollar protocol. Ethena aims to provide a crypto-native solution for money not reliant on traditional...Read full story at The Daily Hodl >
Litecoin (LTC) surged by nearly 20% over the past three days after the U.S. Commodity Futures Trading Commission (CFTC) referred to the asset as a commodity in a legal complaint. On Tuesday, the U.S. Department of Justice (DOJ) and the CFTC unsealed an indictment against the crypto exchange KuCoin and two of its founders, Chun...Read full story at The Daily Hodl >
A trader is seeing over 27,600% in profits after investing in a memecoin launched on the Ethereum (ETH) layer-2 scaling solution Base. According to blockchain tracking firm Lookonchain, one smart trader turned $18,000 into $5 million – a gain of 27,677% – after purchasing Degen (DEGEN) in January. “Only invested 7.35 ETH ($18,000) on DEGEN,...Read full story at The Daily Hodl >
A widely followed crypto analyst thinks that a leading meme token is primed to witness big bursts to the upside in the coming months. The analyst pseudonymously known as Altcoin Sherpa tells his 212,900 followers on the social media platform X that Dogecoin (DOGE) could rally by over 200% from current levels. “DOGE: this is...Read full story at The Daily Hodl >
Analyst Benjamin Cowen is putting out his forecast for Bitcoin (BTC) and the crypto market over the coming month. Cowen tells his 796,000 YouTube subscribers in a new video that he thinks “April is going to be a very interesting month” for the crypto industry. “I expect a ton of volatility in April especially as...Read full story at The Daily Hodl >
A closely followed analyst believes that Bitcoin (BTC) is now consolidating while gearing up for a parabolic move. In a new video update on YouTube, pseudonymous analyst Rekt Capital tells his 70,600 subscribers that Bitcoin’s current value may not last for much longer as he expects the king crypto to soon soar to new all-time...Read full story at The Daily Hodl >
Bitcoin Cash (BCH) has surged by more than 37% in the past seven days ahead of its upcoming halving event. BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 one week ago. Bitcoin Cash’s halving date is currently slated for April 3rd, according to the...Read full story at The Daily Hodl >
A UK Judge is freezing $7.6 million worth of computer scientist Crag Wright’s assets after he was ruled to not be Satoshi, the pseudonymous creator of Bitcoin (BTC). New court documents reveal that the judge has ordered a worldwide freeze of over £6 million worth of Wright’s assets as a means of preventing him from...Read full story at The Daily Hodl >
Fetch.ai (FET), Singularitynet (AGIX) and Ocean Protocol (OCEAN) are merging to create the largest independent player in artificial intelligence (AI) research and development. In a statement, Fetch.ai says it is melding minds with the two other blockchain-based artificial intelligence (AI) platforms to form The Superintelligence Alliance. “The Superintelligence Alliance is a united stand against the...Read full story at The Daily Hodl >
A widely followed crypto trader is analyzing the altcoin and crypto markets while plotting out Bitcoin’s (BTC) next move. Crypto analyst Michaël van de Poppe tells his 708,700 followers on the social media platform X that the altcoin markets, which include all tokens except for BTC and Ethereum (ETH), are prepping to reach for a new all-time...Read full story at The Daily Hodl >
The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The Government Accountability Office (GAO) says federal agencies made $236 billion in “improper payments” last year – a number that includes overpayments, inaccurate recordkeeping and fraud. The agency says the wasteful and erroneous spending is a...Read full story at The Daily Hodl >
Bad actors have exploited decentralized finance (DeFi) protocol Prisma Finance and stole 3,257.69 Ethereum (ETH) worth $11.6 million, according to PeckShield. The blockchain security and analytics firm flagged the suspicious activity after the hacker initially siphoned $8.1 million worth of funds from the platform. The attacker eventually distributed the stolen assets to three wallets. The...Read full story at The Daily Hodl >