Cryptocurrency analyst and trader Ali Martinez says that deep-pocketed investors are scooping massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC). Martinez tells his 34,000 followers on the social media platform X that crypto whales bought up a whopping 120 million MATIC in the past seven days. “Polygon: recently, MATIC whales have been on a...Read full story at The Daily Hodl >
MicroStrategy is continuing to show its bullish stance on Bitcoin (BTC) by stacking up its holdings of the leading crypto asset by market cap. In a post on the social media platform X, MicroStrategy co-founder and executive chairman Michael Saylor says the business intelligence firm bought an additional 16,130 BTC in November. The company acquired...Read full story at The Daily Hodl >
Popular on-chain analyst Willy Woo says one indicator that marked Bitcoin’s (BTC) 2022 bottom is suddenly flashing bullish again. Woo tells his one million followers on the social media platform X that BTC is flowing off of exchanges similarly to how it did when the crypto market reached a bottom last year. “Bitcoin flows presently...Read full story at The Daily Hodl >
A closely followed crypto trader believes that one decentralized finance altcoin is setting the stage for a huge rally. Pseudonymous crypto analyst Inmortal tells his 202,300 followers on the social media platform X that Radix (XRD) could soar by more than 51% from its current value. “Respecting the squiggly perfectly. Breakout plus retest completed. Impulse...Read full story at The Daily Hodl >
A bankruptcy court is ruling that debtors of bankrupt crypto exchange FTX can begin selling hundreds of millions of dollars worth of Grayscale and Bitwise shares. In a new filing, a court in Delaware is granting a motion filed earlier this month that would allow the debtors of FTX and its affiliates to start selling...Read full story at The Daily Hodl >
A widely followed crypto analyst says that Bitcoin (BTC) is setting the stage for a major breakout. Crypto analyst Michaël van de Poppe tells his 674,900 followers on the social media platform X that Bitcoin remains in a bullish uptrend, printing higher low prices. “Another higher low is established on Bitcoin. The trend remains to...Read full story at The Daily Hodl >
A widely followed crypto analyst says that Bitcoin (BTC) backtracking before the halving could actually be a good thing. Pseudonymous crypto trader Rekt Capital dives deep into pre-halving BTC activity for his 372,100 followers on the social media platform X. The Bitcoin halving occurs approximately every four years. The pre-programmed event reduces the reward for...Read full story at The Daily Hodl >
Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle. A new filing with the US Bankruptcy Court for the Southern District of New York says that in September, Genesis filed a lawsuit to recover approximately $627 million in loans owed...Read full story at The Daily Hodl >
A crypto whale who accumulated huge amounts of Chainlink (LINK) in the last two months is now making another big move, on-chain data shows. According to blockchain tracking service Lookonchain, the deep-pocketed investor used 81 different wallets to build up a massive holding of 11 million LINK. Now, the whale just moved 1.92 million LINK...Read full story at The Daily Hodl >
November 30, 2023 – Grand Cayman, Cayman Islands Sui – the pioneering layer one blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project – has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in TVL (total value locked), according to...Read full story at The Daily Hodl >
A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means...Read full story at The Daily Hodl >
Stablecoin company Circle says that USDC is now more accessible following the launch of the Cross-Chain Transfer Protocol (CCTP) on the Cosmos (ATOM)-based blockchain Noble. Circle created CCTP to facilitate the movement of the dollar-pegged USDC across different blockchains and Noble is an app chain, a network built to power a single app, that enables...Read full story at The Daily Hodl >
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to bait BTC bulls with another rally to the upside before eventually retracing. In a new strategy session, pseudonymous crypto trader Credible Crypto tells his 354,400 followers on the social media platform X that he would not be surprised if the king crypto...Read full story at The Daily Hodl >
Top blockchain oracle provider Chainlink (LINK) is flashing a potentially bullish signal, according to the crypto analytics firm Santiment. Santiment says LINK witnessed a “massive amount” of older coins moving wallets on Tuesday. Explains the firm, “Big older coin movement typically is followed by big price movements, which is what occurred September 15th, resulting in...Read full story at The Daily Hodl >
BitMEX co-founder Arthur Hayes is outlining how capital from China could flow into Bitcoin (BTC). In a new analysis, Hayes notes that wealthy Chinese individuals and state-owned enterprises (SOEs) use banks in Hong Kong for international dealings. Hayes also points out that Hong Kong now has regulated crypto exchanges and brokers. “Bitcoin is a Chinese...Read full story at The Daily Hodl >
CBDCs (Central Bank Digital Currencies) are a frequently discussed topic among crypto enthusiasts and are often considered a perfect dystopian tool in the hands of oppressive governments and autocratic regimes. In their essence, CBDCs are blockchain-based fiat currencies that function similarly to cryptos and are controlled by central banks – hence the dystopian considerations. Let’s...Read full story at The Daily Hodl >
Ethereum (ETH) competitor Cardano (ADA) is currently sitting in a “key demand zone,” says crypto analyst Ali Martinez. Martinez tells his 33,800 followers on the social media platform X that 166,470 wallets acquired 4.88 billion ADA worth more than $1.85 billion while the asset has been trading between $0.37-0.38. “With minimal resistance ahead and solid...Read full story at The Daily Hodl >
Billionaire and Block co-founder Jack Dorsey is leading a new funding round that aims to decentralize the mining ecosystem of Bitcoin (BTC). According to a new press release, Dorsey has led a $6.2 million seed funding round to support the launch of Mummolin’s decentralized BTC mining protocol OCEAN. “Mummolin, Inc., announced today that it has...Read full story at The Daily Hodl >
A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December. Pseudonymous analyst Altcoin Sherpa tells his 198,900 followers on the social media platform X that he thinks SOL, LINK and AVAX will likely give up some of their gains before the next leg...Read full story at The Daily Hodl >
A crypto analyst with a large following says that Bitcoin has printed its “parabolic signal” that suggests BTC is in the early innings of a strong bull market. Pseudonymous crypto analyst TechDev tells his 422,000 followers on the social media platform X that in terms of market liquidity, Bitcoin reached its bottom more than a...Read full story at The Daily Hodl >
The U.S. Securities and Exchange Commission (SEC) is reportedly still investigating Binance CEO Changpeng Zhao and the company’s US branch despite both parties already pleading guilty to other charges levied by the Department of Justice (DOJ). According to a new report by The Wall Street Journal, both Binance and Zhao will be probed for evidence...Read full story at The Daily Hodl >
The U.S. government is sanctioning another crypto mixing protocol, accusing it of aiding North Korea in laundering hundreds of millions of dollars worth of stolen digital assets. In a new press release, the U.S. Department of the Treasury says that its Office of Foreign Assets Control (OFAC) is sanctioning the crypto tumbler Sinbad for allegedly...Read full story at The Daily Hodl >
A crypto whale is drawing attention for accumulating a massive amount of Ethereum (ETH) within the last couple of months. According to blockchain tracking service Lookonchain, a deep-pocketed investor has amassed 31,149 ETH worth about $54,900,000 since September. Lookonchain says that this week, the whale purchased 4,865 additional ETH while the leading smart contract platform...Read full story at The Daily Hodl >
The head of Singapore’s central bank doesn’t think crypto has a future in financial services. Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said in a speech earlier this month that cryptocurrencies have “failed the test of digital money.” “They have performed poorly as a medium of exchange or store of...Read full story at The Daily Hodl >
ARK Invest founder and CEO Cathie Wood is selling off tens of thousands of shares in the top US crypto exchange Coinbase (COIN). According to the latest reported sales by Ark Invest, ARK sold 43,956 shares of Coinbase on Monday as COIN soared to $120. COIN was trading for $128.27 at market close on Tuesday,...Read full story at The Daily Hodl >
A closely followed analyst believes that December will be a bullish month for Bitcoin (BTC) as the crypto king mirrors a setup last witnessed exactly three years ago. Kevin Svenson tells his 131,000 followers on the social media platform X that Bitcoin appears to be mimicking its late 2020 price action when BTC was consolidating...Read full story at The Daily Hodl >
New data indicates a handful of crypto whales moved more than $443 million worth of Bitcoin (BTC) and Ethereum (ETH) in just 24 hours earlier this week. The largest single transaction involved an unknown wallet sending 2,554 BTC worth more than $95.6 million to the crypto exchange Coinbase, according to the crypto-surveying platform Whale Alert....Read full story at The Daily Hodl >
Rich Dad Poor Dad author Robert Kiyosaki is warning that hyperinflation may soon be coming and time is running out to get into Bitcoin (BTC), gold and silver as a hedge. The best-selling finance author tells his 2.4 million followers on the social media platform X that the US dollar is losing value. “Great news:...Read full story at The Daily Hodl >
In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for investors seeking protection from notoriously volatile crypto assets. Nonetheless, now several years into their plight as presumed on-chain fiat, stablecoins have failed to resolve or even improve upon their inherent defects, which have taken a...Read full story at The Daily Hodl >
A widely followed crypto analyst says that Uniswap (UNI) is on the verge of breaking out into a significant uptrend. Pseudonymous crypto trader Rekt Capital tells his 371,600 followers on the social media platform X that the native token of leading decentralized exchange (DEX) Uniswap could soon flip a key resistance level into support, signaling...Read full story at The Daily Hodl >
Decentralized exchange (DEX) dYdX is going live with its new native blockchain featuring a hefty rewards program for its users. dYdX Chain, built using the Tendermint consensus with the Cosmos SDK, is a standalone chain for the DEX, which previously ran on Ethereum (ETH). The launch of dYdX also features a six-month incentive program, launched...Read full story at The Daily Hodl >
A closely followed crypto strategist believes that Bitcoin (BTC) is setting up for a big move to the upside. Pseudonymous crypto analyst Credible Crypto tells his 354,100 followers on the social media platform X that he thinks Bitcoin is on the path of a slow grind up before a burst to the upside. According to...Read full story at The Daily Hodl >
A widely followed crypto analyst is naming two altcoins he’s bullish on as Bitcoin (BTC) reclaims the $38,000 range. Pseudonymous trader The Flow Horse tells his 188,00 followers on the social media platform X that he believes there is further upside potential for blockchain oracle provider Chainlink (LINK) and Ethereum (ETH) competitor Solana (SOL). “Things...Read full story at The Daily Hodl >
Payments platform Circle is collaborating with a Japanese financial giant as the nation gears up for a full-scale introduction of stablecoins. In a new press release, Circle says that it will be partnering up with SBI Holdings as a means of introducing its stablecoin USDC and other web3 services into the Japanese market after the...Read full story at The Daily Hodl >
A memecoin rivaling the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) built on the Solana (SOL) blockchain is rallying on a new major listing. KuCoin, the sixth largest crypto exchange by trading volume and known for supporting “altcoin gems” listed Bonk (BONK) yesterday on its platform. According to the announcement, BONK trading begins today, with...Read full story at The Daily Hodl >
Three primary sectors are driving the development of Solana’s (SOL) “vibrant” ecosystem, according to the Hong Kong-based crypto exchange CoinEx Global. CoinEx notes in a new analysis that the Ethereum (ETH) competitor’s attention is focused on decentralized finance (DeFi), memecoins and decentralized physical infrastructure networks (dePIN). DePIN projects involve crypto-powered decentralized networks that connect hardware...Read full story at The Daily Hodl >
Real Vision CEO Raoul Pal says that key indicators are flashing bullish for the smart contract platform Ethereum (ETH) as the altcoin remains above the $2,000 level. In a new analysis, the former Goldman Sachs executive says that Ethereum’s price action continues to print bullish patterns. “The zoomed-out chart of Ethereum continues to be one...Read full story at The Daily Hodl >
Whales have started shifting a decentralized exchange altcoin ahead of a massive $505.5 million token unlock. dYdX (DYDX), a decentralized exchange (DEX), migrated from Ethereum (ETH) to Cosmos (ATOM) and launched its own dYdX Chain last month. The new chain was developed as a standalone blockchain based on the Cosmos SDK (software development kit) and Tendermint...Read full story at The Daily Hodl >
Leading crypto analytics firm Santiment says that the largest Tether whales have been gobbling up the stablecoin USDT in the past six months. Santiment notes that the top 100 USDT addresses have added $1.67 billion worth of the top stablecoin by market cap over a six-month period, indicating a nearly 10% rise in buying power....Read full story at The Daily Hodl >
A closely followed crypto analyst thinks that Bitcoin (BTC) is likely in the early stages of a bull market after rising for six consecutive weeks. Analyst Jason Pizzino tells his 83,900 followers on the social media platform X that Bitcoin appears to be at the final stage of the Wyckoff accumulation schematic. The Wyckoff accumulation...Read full story at The Daily Hodl >
South Koreans will next year have the opportunity to use deposit tokens based on a CBDC (central bank digital currency) through a pilot program operated by the BOK (Bank of Korea) and financial authorities. 100,000 individuals will purchase goods with deposit tokens issued by commercial banks in the form of CBDCs, similar to using a...Read full story at The Daily Hodl >
A widely followed crypto strategist thinks that the interoperable blockchain ecosystem Cosmos (ATOM) is primed for a move up. Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform X that he’s bullish on ATOM as he believes that the altcoin is “due for a squeeze.” “I’m long.” Looking at the trader’s chart,...Read full story at The Daily Hodl >
Former Goldman Sachs executive Raoul Pal says that digital assets are set to outrun tech stocks as an important catalyst begins to appear. The Real Vision CEO tells his one million followers on the social media platform X that dollar liquidity is ultimately what drives risk assets like stocks and crypto. He shares a chart...Read full story at The Daily Hodl >
Cosmos (ATOM) founder Jae Kwon is forking the interoperable blockchain following a successful governance proposal to put a 10% cap on ATOM inflation. Proposal 848, which was largely based on the idea that ATOM is overpaying for its security, brought down inflation from roughly 14% to 10%, and also lowered staking rewards. However, Kwon didn’t...Read full story at The Daily Hodl >
A new alternative to the popular artificial intelligence (AI) chatbot ChatGPT has just been deployed on the Cardano (ADA) blockchain. The team behind the Cardano GPT project, which builds blockchain-focused AI products, says the first internet-enabled generative chatbot called Girolamo is now in the beta phase. The AI is named after Italian polymath Girolamo Cardano,...Read full story at The Daily Hodl >
The new CEO of the world’s largest crypto exchange by trading volume foresees strength ahead for crypto and his company. Fortune reports that Changpeng Zhao’s successor at Binace, Richard Teng, says that Binance’s move towards compliance will pay off in the long term, positioning the company to claim a bigger share of the growing crypto market....Read full story at The Daily Hodl >
Presidential candidate Robert F. Kennedy Jr. is issuing a warning about central bank digital currencies (CBDC) and the threat they pose to financial freedoms. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Kennedy says that CBDCs could take away personal freedoms by allowing governments to track every aspect of someone’s...Read full story at The Daily Hodl >
A closely followed crypto analyst says that close to $1 billion worth of Bitcoin (BTC) has been pulled from crypto exchanges in recent weeks as deep-pocketed investors simultaneously stockpile Ethereum (ETH) and XRP. Crypto analyst Ali Martinez says on the social media platform X that market participants have been yanking large amounts of BTC from...Read full story at The Daily Hodl >
On-chain analyst PlanB says that he wouldn’t surprised if Bitcoin (BTC) went as high as $524,000 at some point in the next four years. PlanB shares with his 1.8 million followers on the social media platform X a chart depicting which price the majority of BTC was distributed at each halving, when miners’ rewards get...Read full story at The Daily Hodl >
A closely followed crypto trader says that top blockchain oracle provider Chainlink (LINK) could be due for a sizeable correction. Pseudonymous trader and analyst Rekt Capital tells his 371,000 followers on the social media platform X that in order to move higher, LINK needs to close above the $14.70 level. “Chainlink needs a similar weekly...Read full story at The Daily Hodl >
A widely followed crypto analyst says that Ethereum (ETH) is fast approaching a major turning point that could see it collapse against Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 788,000 YouTube subscribers that the ETH/BTC ratio will reach a “decision time” as soon as early next week. “Decision time...Read full story at The Daily Hodl >
A trader who continues to build a following with his timely Bitcoin (BTC) calls believes that the crypto king is gearing up for an encore of its parabolic rally witnessed in late 2020 to early 2021. Pseudonymous analyst Credible Crypto tells his 353,900 followers on the social media platform X that Bitcoin might be on...Read full story at The Daily Hodl >
A top analyst believes that one Solana (SOL) challenger that’s trading under the radar is in the early stages of an uptrend. Pseudonymous analyst The Flow Horse tells his 188,000 followers on the social media platform X that layer-1 blockchain Sui (SUI) appears to have ended its downtrend after breaking out from a rounding bottom reversal...Read full story at The Daily Hodl >
An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday. WBTC is an ERC-20 token pegged to the price of BTC, allowing traders to speculate on Bitcoin...Read full story at The Daily Hodl >
Investors representing trillions of dollars in assets have published a new roadmap for fund tokenization approved by the government of the UK. In a new report, The Investment Association – a working group with over $11 trillion with assets under its management – lays out its plan to implement tokenized funds or funds with digitized...Read full story at The Daily Hodl >
The former chief executive of Binance, the world’s largest crypto exchange platform by volume, is challenging the US government’s motion to reverse his bail conditions. In a new court filing, Binance CEO Changpeng Zhao argues that he’s not at risk for skipping court despite being a citizen of two other nations, including the United Arab...Read full story at The Daily Hodl >
A widely followed crypto strategist believes that two altcoins running on the Ethereum (ETH) network are gearing up for a burst to the upside. Pseudonymous analyst Kaleo tells his 606,600 followers on the social media platform X that he’s bullish on ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club non-fungible token...Read full story at The Daily Hodl >
When it comes to Bitcoin (BTC), Berkshire Hathaway’s Charlie Munger has got it wrong, according to crypto investor Dan Morehead. In a new letter to investors, Morehead responds to Munger’s comments about Bitcoin in a recent interview with the Wall Street Journal. Munger said that the creation of Bitcoin – which he calls “an artificial...Read full story at The Daily Hodl >
US presidential hopeful Vivek Ramaswamy says that the government is refusing to fully embrace Bitcoin (BTC) because it sees the top digital asset as a threat to its existence. In a new interview on the What Bitcoin Did podcast, Ramaswamy says Senator Elizabeth Warren’s (D-Mass.) stance on Bitcoin is due to a different worldview. Warren,...Read full story at The Daily Hodl >
A trader who accurately called Bitcoin’s (BTC) 2018 bear market bottom is laying out a price path to $60,000 for the crypto king. Pseudonymous analyst Bluntz tells his 229,700 followers on the social media X platform that Bitcoin looks really bullish as it is in the midst of a wave three rally. Bluntz practices the...Read full story at The Daily Hodl >
A Solana (SOL) competitor is suddenly soaring amid news that stablecoin issuer Circle (USDC) is investing in the blockchain project. The Sei Network (SEI), the new layer-1 blockchain that claims to be a blockchain faster than Solana, reached a high of $0.250 after the Circle announcement, a more than 110% increase from its value of...Read full story at The Daily Hodl >
The former president of the New York Stock Exchange (NYSE) says that one catalyst will inundate cash into Bitcoin (BTC) and other crypto assets. In a new interview with CNBC Television, Tom Farley, the former president of NYSE and current chief executive of the crypto exchange platform Bullish, says that Bitcoin exchange-traded funds (ETFs) will...Read full story at The Daily Hodl >
New data reveals that hundreds of millions of dollars worth of altcoins have been drained from firms linked to Tron (TRX) founder Justin Sun. According to data from blockchain tracker Lookonchain, during the past 20 days, five major hacks have occurred, totaling $290 million worth of stolen funds. Two of the protocols hit – crypto...Read full story at The Daily Hodl >
The extradition of disgraced Terra (LUNA) founder Do Kwon to the US and South Korea has been approved by a court in Montenegro. In a new press release, the Higher Court of Podgorica has ruled that the legal requirements needed for extraditing Kwon to the US and South Korea have been met. “It was established...Read full story at The Daily Hodl >
Crypto trader Michaël van de Poppe is predicting a massive Bitcoin (BTC) surge in the current bull market cycle. In a new strategy session, Van de Poppe tells his 161,000 YouTube subscribers that based on previous bull market cycles and the laws of diminishing returns Bitcoin could explode 961% from its current value to as...Read full story at The Daily Hodl >
A Hollywood director has reportedly made a 575% profit from trading the popular meme asset Dogecoin (DOGE) with funds originally reserved for a Netflix show. According to a new report by The New York Times, filmmaker Carl Erik Rinsch – who received $55 million from the marquee streaming service between 2020 and 2021 to fund...Read full story at The Daily Hodl >
A widely followed crypto analyst is expressing bullish sentiment on the native token of a blockchain oracle network that launched its permissionless mainnet earlier this week. In a new video, the anonymous host of the InvestAnswers channel tells his 453,000 YouTube subscribers that he is bullish on Pyth Network (PYTH) after modeling PYTH’s future price...Read full story at The Daily Hodl >
Macro guru and fund manager Dan Tapiero is optimistic that Bitcoin (BTC) will potentially hit a six-figure price. In a new interview with Natalie Brunell, Tapiero says that “we’ll see Bitcoin over $100,000” in the next bull run. A surge to $100,000 would translate to a gain of at least 167% from the current level....Read full story at The Daily Hodl >
By now it’s evident that blockchain technology has had a significant impact on traditional industries. The debate surrounding digital assets is still ongoing, but the utility and benefits of blockchain are increasingly recognized across multiple industries. In 2022, the blockchain technology market was valued at $11.1 billion and is projected to grow to $469.5 billion...Read full story at The Daily Hodl >
A widely followed crypto analyst says that one red-hot altcoin could keep soaring en route to printing a new all-time high. Pseudonymous crypto trader The Flow Horse tells his 187,700 followers on the social media platform X that Celestia (TIA) could increase more than 72% from its current value. “TIA held $5, probably heads to...Read full story at The Daily Hodl >
A non-fungible token (NFT) marketplace is surging after being listed by the largest crypto exchange platform by volume in the world. In a new announcement, crypto exchange Binance says it is listing BLUR, the governance token of Altcoin Blur, a decentralized NFT marketplace that offers real-time price streams and comparisons. According to Binance, BLUR will...Read full story at The Daily Hodl >
The US government’s balance sheet is ballooning, with more than a hundred billion dollars in debt added in just 15 days. The latest numbers from the government’s FiscalData system show the national debt grew from $33.637 trillion at the start of November to $33.740 trillion on November 16th – an increase of more than $102.17...Read full story at The Daily Hodl >
Top crypto analyst Bluntz says that the recent correction in Solana (SOL) is over and that rallies are set to continue for the leading Ethereum (ETH) rival. In a new strategy session, the pseudonymous analyst tells his YouTube subscribers that SOL has completed an ABC correction, priming itself for another impulse to the upside. Bluntz...Read full story at The Daily Hodl >
A widely followed crypto analyst is diving into the altcoin markets and interoperability blockchain Polkadot (DOT) in particular. Pseudonymous crypto trader Rekt Capital tells their 371,000 followers on the social media platform X that the overall market for altcoins is approaching a market cap last touched around August of 2022. “Historic retest for the Altcoin Market...Read full story at The Daily Hodl >
Beleaguered crypto lender Genesis is suing cryptocurrency exchange Gemini to recover over half a billion dollars in preferential transfers. A preferential transfer is paid off by an insolvent firm to a creditor typically within 90 days before filing for bankruptcy. If certain conditions are met, the recipient may have to return the funds so that...Read full story at The Daily Hodl >
New on-chain data reveals that top US-based crypto exchange Coinbase is seeing its Bitcoin (BTC) reserves skyrocket as Binance’s BTC holdings plummet. According to data from blockchain tracker CryptoQuant, Coinbase’s BTC reserves have increased by 12,000 BTC, worth about $450 million, while Binance’s Bitcoin holdings have decreased by about 5,000 BTC, or $187 million. The...Read full story at The Daily Hodl >
Closely followed crypto analyst Benjamin Cowen is warning that one Ethereum (ETH) competitor may not be done correcting. In a new strategy session, Cowen tells his 788,000 YouTube subscribers that smart contract platform Cardano (ADA) may fall lower against Bitcoin (ADA/BTC) due to the Federal Reserve not yet cutting interest rates. “If you look at...Read full story at The Daily Hodl >
November 24, 2023 – Dubai, United Arab Emirates Binance Labs, in partnership with BNB Chain and CMC Labs, has introduced a new ‘founder track’ to the MVB (Most Valuable Builder) accelerator program. MVB, now in its seventh season, is an accelerator program jointly organized by Binance Labs and BNB Chain. The program was launched in...Read full story at The Daily Hodl >
A popular crypto analyst is predicting that one Ethereum (ETH) competitor will soar to three figures in 2024. Pseudonymous trader Altcoin Sherpa tells his 198,500 followers on the social media platform X that Solana (SOL) will likely increase by at least 72% from its current value next year. “SOL: hoping for a bit lower to...Read full story at The Daily Hodl >
A Bitcoin address was spotted paying a whopping $3.14 million in fees for a single BTC transaction, according to on-chain data. First reported by blockchain tracking firm Lookonchain, the address starting with “bc1qn” paid over 83 BTC to miners while sending coins to another entity beginning with “bc1qyf.” “Wallet ‘bc1qn’ paid a transaction fee of...Read full story at The Daily Hodl >
Cryptocurrency analyst and trader Ali Martinez is saying that a leading Ethereum (ETH)-based decentralized exchange could be on the cusp of making a significant upside move. Martinez tells his 33,200 followers on the social media platform X that Uniswap (UNI) “appears to be breaking out” on the weekly chart after invalidating a descending triangle. A...Read full story at The Daily Hodl >
The co-founders of the blockchain analytics platform Glassnode are expressing bullish sentiment on Bitcoin (BTC). Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the X social media platform, say that the gold-to-Bitcoin ratio has “taken off” and is currently on an upward trend. The gold-BTC ratio, currently at 18.8, is...Read full story at The Daily Hodl >
Traditional gaming, as we know it, is gasping its last breaths. We’re hurtling towards a future where AI and blockchain don’t merely complement – they command the gaming domain. AI, having reshaped industries far and wide with its unerring knack for prediction and personalization, is not just enhancing gaming realism – it’s obliterating the boundaries...Read full story at The Daily Hodl >
On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of altcoins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and Avalanche (AVAX) to top crypto exchanges Coinbase and Binance. “In the past 24 hours, FTX transferred a total of ~$36 million in assets...Read full story at The Daily Hodl >
Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native asset to dip. Data from blockchain tracker Lookonchain reveals that $46.5 million worth of digital assets were stolen from KyberSwap, including $20.78 million worth of Wrapped Ethereum (wETH), $9.53 million worth...Read full story at The Daily Hodl >
The CEO of the largest US-based crypto exchange, Brian Armstrong, says that Binance CEO Changpeng Zhao (CZ) and his company’s admission of guilt on federal charges is a significant development for the digital asset industry. On Tuesday, Binance agreed to pay over $4 billion in a settlement after pleading guilty to engaging in money laundering,...Read full story at The Daily Hodl >
A closely followed analyst says that the dog-themed meme asset Dogecoin (DOGE) is setting up the stage for a massive surge to the upside. In a new strategy session, crypto trader Ali Martinez tells his 33,200 followers on the social media platform X that the Shiba Inu (SHIB) rival’s surge of transactions exceeding $100,000 during...Read full story at The Daily Hodl >
The new Binance chief executive maintains that the embattled exchange’s business fundamentals remain “very strong” despite recent regulatory headwinds. Richard Teng, who previously worked as Binance’s head of regional markets, was promoted to the CEO position earlier this week after the company’s previous chief executive, Changpeng Zhao, resigned. Zhao stepped down after agreeing to plead...Read full story at The Daily Hodl >
New documents reveal that the prosecutors have filed documents seeking to ban former Binance CEO Changpeng Zhao from leaving the US. In a new court filing, the government argues that Zhao, a citizen of two other nations, poses a “substantial risk of flight” after pleading guilty to failing to keep adequate anti-money laundering protocols for...Read full story at The Daily Hodl >
A widely followed crypto strategist is updating his outlook on one soaring altcoin as the broader crypto markets trade sideways. Pseudonymous trader Credible Crypto tells his 353,600 followers on the social media platform X that proof-of-work cryptocurrency Kaspa (KAS) could face rejection at a key resistance level before continuing its rally. “Decent reaction on KAS...Read full story at The Daily Hodl >
Thousands of traders were liquidated following news that the world’s largest crypto exchange and its former CEO pleaded guilty to violating US laws. On Tuesday, Binance and its co-founder Changpeng Zhao (CZ) pleaded guilty to several federal charges and agreed to over $4 billion in settlement, according to a U.S. Department of Justice (DOJ) press...Read full story at The Daily Hodl >
Crypto analyst Jamie Coutts says five key trends will drive the mainstream adoption of blockchain technology. Coutts, a former crypto market analyst at Bloomberg Intelligence, says on the social media platform X that payments, account abstraction, real-world assets, non-fungible tokens (NFTs)/gaming, and artificial intelligence (AI) will all accelerate global blockchain usage. In terms of payments,...Read full story at The Daily Hodl >
A top crypto analytics firm says that the 200 largest Ethereum (ETH) holders went on a massive buying spree in the past year, picking up over $2.9 billion worth of the leading altcoin. According to Santiment, the top 200 ETH whales are now holding more than 62 million ETH valued at about $124.1 billion, an...Read full story at The Daily Hodl >
A widely followed strategist is saying that he is bullish on the Ethereum (ETH) scaling solution Polygon (MATIC) while offering his outlook on three other crypto assets. The crypto strategist pseudonymously known as Bluntz tells his 229,400 followers on the social media platform X that Polygon has more upside potential. Bluntz says that Polygon witnessed...Read full story at The Daily Hodl >
A widely followed cryptocurrency analyst and trader is expressing bearish sentiment on Bitcoin (BTC) following a market correction that coincided with Binance and its former CEO Changpeng Zhao pleading guilty to US federal charges. The analyst pseudonymously known as Capo tells his 764,900 followers on the X social media platform that the “beginning of the...Read full story at The Daily Hodl >
CBDCs (Central Bank Digital Currencies) have become a hot topic among crypto enthusiasts as the main weapon of governments against privacy and freedom. By controlling all the finances of their population, governments can use CBDCs to control and manipulate the population to an extent that was not possible until now. Despite these issues, there may...Read full story at The Daily Hodl >
Ripple’s chief legal counsel is calling out what he says are childish antics from the U.S. Securities and Exchange Commission (SEC) as regulators continue to target crypto assets. In a new thread on the social media platform X, attorney Stuart Alderoty says Binance’s recent regulatory woes are a “necessary step” to bring the digital assets...Read full story at The Daily Hodl >
An analyst who continues to build a following for his timely Bitcoin (BTC) predictions believes that the crypto king is gearing up for an imminent burst to the upside. Pseudonymous analyst Credible Crypto tells his 353,400 followers on the social media platform X that Bitcoin is currently in a large re-accumulation zone which covers price...Read full story at The Daily Hodl >
Crypto veteran Dan Morehead says Bitcoin (BTC) is in a bull market and is laying out a timeline for how long it could last. In a new open letter to investors, Morehead, who oversees $4.2 billion worth of assets at Pantera Capital, says that Bitcoin’s market cycles are nearly “alien” in their similarity. Morehead says...Read full story at The Daily Hodl >
November 22, 2023 – Singapore, Singapore GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an operational VASP (virtual asset service provider) license for VA broker dealer services from Dubai’s VARA (Virtual Asset Regulatory Authority). GCEX – which opened its Dubai office in July 2022 and received its MVP (minimal viable product)...Read full story at The Daily Hodl >