Deep-pocketed crypto investors are abruptly shifting hundreds of millions of dollars worth of digital assets to and from unknown wallets. New data from whale-surveying platform Whale Alert reveals that over $350 million worth of Bitcoin (BTC), the top crypto asset by market cap, was moved in two separate transactions. The first transaction saw a crypto...Read full story at The Daily Hodl >
The head of blockchain analytics platform CryptoQuant believes that Bitcoin’s (BTC) current market cycle may be mirroring the prior one in 2020-21. Ki Young Ju tells his 341,600 followers on the social media platform X that if Bitcoin is following the price patterns of the prior cycle the crypto king’s “real” bull market is just...Read full story at The Daily Hodl >
A new guaranteed income pilot project is gearing up for launch in Massachusetts. The Somerville Guaranteed Basic Income Program is a $1.8 million pilot project designed to hand out $750 per month for one year to 200 families who are in danger of losing their homes. The city is expected to draw funds from President...Read full story at The Daily Hodl >
The founder and CEO of Galaxy Digital is predicting that the US’s ballooning debt will quicken the adoption of Bitcoin (BTC). In a new Bloomberg interview, Mike Novogratz says that more investors are understanding the wisdom of having exposure to Bitcoin in the face of the US’s mounting debt, which threatens to debase the US...Read full story at The Daily Hodl >
A closely followed crypto analyst believes one mid-cap memecoin is gearing up to go on a massive rally. Pseudonymous trader Kaleo tells his 632,600 followers on the social media platform X that dog-themed crypto asset Floki (FLOKI) appears bullish against Bitcoin (FLOKI/BTC). “FLOKI versus BTC looks primed to absolutely rip.” Looking at his chart, the...Read full story at The Daily Hodl >
Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on an altcoin built on the Ethereum (ETH) scaling solution Base. Martinez tells his 55,200 followers on the social media platform X that the memecoin Brett (BRETT) could appreciate by around 57% from the current level. The analyst, however, warns that a correction of around...Read full story at The Daily Hodl >
The co-founder and CEO of Morgan Creek Capital Mark Yusko is doubling down on his prediction that Bitcoin (BTC) will hit a six-figure price over the coming months. Yusko says in a new CNBC interview that Bitcoin could triple in price from its current fair value or double in price from its post-halving fair value....Read full story at The Daily Hodl >
AI (artificial intelligence) has caused frenzied excitement among consumers and businesses alike – driven by a passionate belief that LLMs (large language models) and tools like ChatGPT will transform the way we study, work and live. But just like in the internet’s early days, users are jumping in without considering how their personal data is...Read full story at The Daily Hodl >
A widely followed crypto analyst is updating his outlook on Bitcoin’s (BTC) path forward in the ongoing bull market cycle. In a new video update, crypto strategist Jason Pizzino tells his 320,000 YouTube subscribers that he is closely watching to see if Bitcoin will hit key price targets to the upside, which could lead to...Read full story at The Daily Hodl >
A US judge has sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison after the former crypto tycoon was convicted of fraud charges last year. District Judge Lewis A. Kaplan also sentenced Bankman-Fried to three years of supervised release and ordered him to pay $11 billion in forfeiture. FTX imploded and filed for...Read full story at The Daily Hodl >
Authorities from the US and UK are reportedly investigating $20 billion worth of crypto assets sent to a Russian crypto exchange platform. According to a new report by Bloomberg, anonymous sources familiar with the incident say that officials from the US and UK are looking into the matter as part of a crackdown effort against...Read full story at The Daily Hodl >
Two Solana (SOL)-based altcoins surged in price after Coinbase announced they could soon be trading on its platform. On Tuesday, the top US crypto exchange added Shadow Token (SHDW) and Neon EVM (NEON) to its listing roadmap, which alerts customers that the company could soon add support for certain assets. Shadow Token is a cryptocurrency...Read full story at The Daily Hodl >
A widely followed crypto analyst is keeping an eye on altcoins as Bitcoin (BTC) leads the markets with its latest break out. Crypto trader Michaël van de Poppe tells his 708,300 followers on the social media platform X that BTC just needs to stay above $67,000 to retest its all-time high (ATH). “Bitcoin holds above crucial levels....Read full story at The Daily Hodl >
A crypto game built on the layer-2 blockchain Blast lost over 60% of the total value of assets on its platform following a massive security breach. Munchables announced the exploit on Tuesday in a post on the social media platform X. “Munchables has been compromised. We are tracking movements and attempting to stop the transactions....Read full story at The Daily Hodl >
BlackRock chief executive Larry Fink believes approval of spot Ethereum (ETH) exchange-traded funds (ETFs) could still occur even if the top altcoin is deemed a security. In a new interview on FOX Business, Fink says that the chances of approval for pending applications to launch spot ETH ETFs would not be adversely impacted if the...Read full story at The Daily Hodl >
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-30 altcoin by market cap. The trader pseudonymously known as Altcoin Sherpa tells his 212,600 followers on the social media platform X that Internet Computer (ICP), a blockchain project whose aim is to replicate the internet’s speed, power and scale on decentralized...Read full story at The Daily Hodl >
The chief investment officer of crypto fund manager Bitwise believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) will receive inflows for years to come. Bitwise CIO Matt Hougan tells his 40,700 followers on the social media platform X that there remains a large pool of clients who have yet to invest in BTC ETFs but...Read full story at The Daily Hodl >
A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets. Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz tells his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the...Read full story at The Daily Hodl >
Crypto traders moved $208 million worth of digital assets off the embattled exchange KuCoin following the company’s indictment. The blockchain analytics platform Nansen reports that $99 million worth of crypto flowed off the exchange on Ethereum (ETH) and $108 million on Ethereum Virtual Machine (EVM) chains. KuCoin still holds more than $6 billion worth of...Read full story at The Daily Hodl >
A top trader who accurately called Bitcoin’s (BTC) floor price during the 2018 bear market says one Ethereum (ETH) challenger looks extremely bullish. Pseudonymous analyst Bluntz tells his 251,100 followers on the social media platform X that he expects the native asset of the layer-1 protocol Near (NEAR) to rally to a level last seen...Read full story at The Daily Hodl >
Regulators in the United Kingdom are releasing new regulations for influencers and memes that promote financial products. In a new press release, the UK’s Financial Conduct Authority (FCA) is giving out new guidelines on how social media can be used to promote financial products, including fintech and digital assets, as a means of combating fraud....Read full story at The Daily Hodl >
The US Government has named entities and individuals allegedly responsible for providing crypto products and services that aided in the evasion of sanctions on Russia. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) says that it has “sanctioned thirteen entities and two individuals for operating in the financial services and technology...Read full story at The Daily Hodl >
A widely followed crypto analyst says that smart contract platform Solana (SOL) looks bullish on multiple timeframes. In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.45 million YouTube subscribers that Solana’s weekly and monthly charts foreshadow a 35-45% breakout for the Ethereum (ETH) rival above the $300 price tag....Read full story at The Daily Hodl >
The U.S. Securities and Exchange Commission (SEC) has scored a win in its lawsuit against crypto exchange Coinbase. The SEC first sued Coinbase in June 2023 for allegedly violating securities laws, including selling unregistered securities and operating an unregistered exchange/broker agency. Now, Judge Katherine Polk Failla has ruled that the SEC has made “adequate” allegations...Read full story at The Daily Hodl >
The head of blockchain analytics platform CryptoQuant says that Bitcoin’s (BTC) current market cycle is like none other before for one key reason. Ki Young Ju tells his 340,700 followers on the social media platform X that the level of Bitcoin investment from institutional investors is unprecedented this cycle, totaling $86 billion in the last...Read full story at The Daily Hodl >
March 27, 2024 – United Arab Emirates, United Arab Emirates XCAD Network – a tokenization platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivized Web 3.0 education to millions of people across the globe. By securing...Read full story at The Daily Hodl >
The U.S. Securities and Exchange Commission (SEC) has asked a judge to order Ripple to pay nearly $2 billion in fines and penalties. The SEC first sued the payments company in late 2020 for allegedly selling XRP as an unregistered security. Last summer, US District Judge Analisa Torres ruled that Ripple’s automated, open-market sales of...Read full story at The Daily Hodl >
Grayscale’s chief legal officer still believes the U.S. Securities and Exchange Commission (SEC) could greenlight spot Ethereum (ETH) exchange-traded funds (ETFs). Craig Salm says the Ethereum ETFs “should be approved” and notes that he’s not deterred by the negative chatter surrounding the proposed financial products. He also says the SEC’s perceived lack of engagement on...Read full story at The Daily Hodl >
A trader is enjoying massive gains after being an early investor in a new memecoin launched on Coinbase’s Ethereum (ETH) layer-2 scaling solution Base. According to blockchain tracking firm Lookonchain, one savvy trader achieved a 308x gain after using three ETH worth $6,991 in January to purchase Degen (DEGEN). “Only invested three ETH ($6,991) on...Read full story at The Daily Hodl >
Real Vision crypto analyst Jamie Coutts says that Bitcoin (BTC) is poised to continue rallying after a temporary correction. The former Bloomberg analyst tells his 12,800 followers on the social media platform X that Bitcoin appears to have broken up a bearish flag pattern and is gearing up for a bigger move to the upside....Read full story at The Daily Hodl >
Rich Dad Poor Dad author Robert Kiyosaki says the actions of US leaders in both the private and public sectors have made him bullish on Bitcoin (BTC). Kiyosaki tells his 2.5 million followers on the social media platform X that the US government is ripping off Americans by taking on massive amounts of debt to...Read full story at The Daily Hodl >
A popular crypto trader believes altcoins are on the verge of big rallies after a pullback in the digital assets market. The pseudonymous analyst known as Altcoin Sherpa tells his 212,400 followers on the social media platform X that Render (RNDR), a project related to Graphics Processing Units (GPUs), seems to be consolidating in preparation...Read full story at The Daily Hodl >
South Korean police have detained two individuals for allegedly running a fraudulent crypto-based scam. According to the South Korean news outlet Chosun, a young duo in their 20s and 30s cheated an elderly man in his 60s for stealing 5.5 billion Korean won worth $4.1 million. The report says that the elderly victim was promised massive...Read full story at The Daily Hodl >
Whales are gobbling up a red-hot crypto project that’s focused on tokenizing real-world assets (RWAs). The crypto tracker Lookonchain notes that one whale withdrew 6.53 million ONDO, the native token of Ondo Finance, from the crypto exchange Bybit over the past month. That trove is worth more than $6 million. Ondo Finance aims to provide...Read full story at The Daily Hodl >
A trader known for several accurate crypto market calls says that Bitcoin (BTC) could soar beyond $160,000 this bull cycle if its current market structure holds up. Pseudonymous analyst Dave the Wave tells his 143,000 followers on the social media platform X that based on Bitcoin’s price action from 2020, the crypto king could hit...Read full story at The Daily Hodl >
An early crypto investor is filing a lawsuit in an attempt to recover a wallet containing $560 million in Bitcoin (BTC). According to a new Daily Mail report, James Howells accidentally threw away 8,000 Bitcoin a decade ago but is now hoping a lawsuit could help him retrieve them. His partner at the time reportedly...Read full story at The Daily Hodl >
The crypto firm behind USDT, the biggest stablecoin by market cap, is expanding its focus to artificial intelligence (AI) technology. In a new press release, Tether announces they are expanding their AI focus and operations. Tether says its commitment to innovative technology has led the firm to step into the AI space “to champion transparency and privacy...Read full story at The Daily Hodl >
March 26, 2024 – New York, New York Syntax takes natural language and converts it into Solidity code, enabling individuals and enterprises to ship production-grade smart contracts, arbitrage agents, NFTs, rollups and more. Syntax marks the manifestation of the ‘agent economy’ in Web 3.0. Today, Spectral Labs has launched Syntax, a new LLM enabling people...Read full story at The Daily Hodl >
The U.S. Department of Justice (DOJ) and the Commodities Futures Trading Commission (CFTC) have announced the unsealing of an indictment against crypto exchange KuCoin and two of its founders. In a statement from the U.S. Attorney’s Office in the Southern District of New York, U.S. Attorney Damian Williams and Darren McCormack, the Acting Special Agent...Read full story at The Daily Hodl >
March 26, 2024 – Tallinn, Estonia This first MarketingFi utility token will launch within the Cookie3 ecosystem – COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi protocol and AI data layer, has just announced that COOKIE – the...Read full story at The Daily Hodl >
Goldman Sachs’ clients are reportedly jumping into crypto-related trades following the launch of Bitcoin (BTC) exchange-traded funds (ETFs). Max Minton, Goldman’s head of digital assets in Asia, tells Bloomberg that the banking giant’s clients are investing in crypto derivatives for multiple purposes. “The recent ETF approval has triggered a resurgence of interest and activities from...Read full story at The Daily Hodl >
Real Vision CEO Raoul Pal thinks “macro summer” has begun and will send the prices of Bitcoin (BTC) and altcoins soaring. The former Goldman Sachs executive tells his 1 million followers on the social media platform X that macro summer involves the ISM manufacturing index picking up. The ISM is an indicator of US economic activity....Read full story at The Daily Hodl >
The co-founder of the BitMEX crypto derivatives exchange Arthur Hayes is offering his prediction on Ethereum (ETH) less than three months after the approval and subsequent listing of spot Bitcoin (BTC) exchange-traded funds (ETFs). In a new The Wolf of All Streets interview, Hayes says he expects demand for Ethereum to pick up, especially if...Read full story at The Daily Hodl >
Widely followed trader Michaël van de Poppe says altcoins are in a position to witness massive rallies in the coming months. The analyst tells his 707,500 followers on the social media platform X that the TOTAL3 chart, which traders use to track the performance of the altcoin market, witnessed an over 16% devaluation during the...Read full story at The Daily Hodl >
Best-selling finance author Robert Kiyosaki says he’s buying more than half a million dollars worth of Bitcoin (BTC) in the coming days. Kiyosaki tells his 2.5 million followers on the social media platform X that he’s going on a Bitcoin buying spree in anticipation of the April halving when miners’ rewards are slashed in half....Read full story at The Daily Hodl >
A crypto strategist who accurately called the latest Bitcoin (BTC) correction says the top meme token Shiba Inu (SHIB) may be mirroring a pattern last seen during the 2021 bull market. Pseudonymous analyst Rekt Capital tells his 436,200 followers on the social media platform X that SHIB is in the process of retesting its weekly...Read full story at The Daily Hodl >
The head of blockchain analytics platform CryptoQuant says that Bitcoin (BTC) could dip to a “max pain” price range before the bull market is able to continue. Ki Young Ju tells his 340,000 followers on the social media platform X that the net inflows of capital to spot Bitcoin exchange-traded funds (ETFs) have cooled off,...Read full story at The Daily Hodl >
A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally. Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds...Read full story at The Daily Hodl >
A woman who converted Bitcoin (BTC) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement. BBC reports that Jian Wen, a Chinese national and a resident of Hendon, North London, was convicted at the Southwark Crown Court on Monday. In 2017, the 42-year-old woman posed as an...Read full story at The Daily Hodl >
Binance’s African regional manager is on the run from Nigerian authorities as the country targets the crypto exchange with tax evasion charges. Earlier this month, two Binance executives were detained against their will in Abuja, Nigeria. According to reports, Tigran Gambaryan, a former US federal agent who led the criminal investigations team at Binance, and Nadeem Anjarwalla,...Read full story at The Daily Hodl >
A closely followed trader says we “haven’t seen anything yet” as far as a crypto bull run, and is anticipating rallies for several altcoin projects. Pseudonymous trader Noodles tells his 145,000 followers on the social media platform X that digital assets are edging toward a “parabolic phase” which will likely begin by Ethereum (ETH) outperforming...Read full story at The Daily Hodl >
A Hong Kong woman has reportedly been scammed to the tune of nearly $1 million after being enticed to send money to a fake crypto trading platform. According to a new report from the South China Morning Post (SCMP), a 46-year-old woman from Hong Kong was tricked into sending just over $900,000 to 15 different...Read full story at The Daily Hodl >
Ava Labs CEO Emin Gün Sirer is warning that crypto markets will see another wave of dangerous riff-raff projects rise to prominence during the bull market. Gün Sirer says on the social media platform X that during the last market cycle, most people were not skeptical of FTX CEO Sam Bankman-Fried (SBF), which allowed the...Read full story at The Daily Hodl >
An on-chain analyst at Glassnode says that Bitcoin (BTC) investors are likely to sell some of their coins before the crypto king’s halving in April. In a new video update, Glassnode’s pseudonymous lead analyst Checkmate says that Bitcoin has yet to experience any significant corrections during the latest bull run, indicating that BTC holders may...Read full story at The Daily Hodl >
Widely followed economist Alex Krüger is bullish on one overlooked layer-one crypto project amid what he believes is the earlier stages of a digital assets bull run. Krüger tells his 168,000 followers on the social media platform X that many more people are about to hear about Core (CORE), a blockchain that aims to leverage...Read full story at The Daily Hodl >
A closely followed analyst says he sees Bitcoin (BTC) ending its current correction and witnessing another leg up soon. In a new video update, crypto strategist Kevin Svenson tells his 74,100 YouTube subscribers that Bitcoin may undergo a momentum shift after printing a bullish technical pattern on the low time frame. “Bitcoin is in a...Read full story at The Daily Hodl >
A closely followed crypto analyst believes that rallies are in sight for a couple of altcoins including the native asset of the decentralized oracle network Chainlink (LINK). Pseudonymous analyst Inmortal tells his 211,300 followers on the social media platform X that he sees LINK rallying close to $26. But before Chainlink could surge to a...Read full story at The Daily Hodl >
SkyBridge Capital founder Anthony Scaramucci is optimistic that demand for Bitcoin (BTC) will continue to increase in the coming years. In a new interview at the Bitcoin Investor Day conference in New York City, Scaramucci says the $84 trillion great wealth transfer from the baby boomers to the younger generation will have a bullish impact...Read full story at The Daily Hodl >
A total of 280 US banks with $900 billion in total assets are suffering from a “toxic combo” that could push them to the brink of failure, according to a new report. According to the consulting firm Klaros Group, the banks in question simultaneously have large levels of exposure to commercial real estate and significant...Read full story at The Daily Hodl >
European Union (EU) officials are greenlighting new restrictions on anonymous transactions that involve crypto assets and cash. Reporting on the social media platform X, Patrick Breyer, a German member of the EU Parliament, says that EU officials are banning cash payments over €10,000 ($10,862), anonymous cash payments over €3,000 ($3,258), and crypto payments to hosted...Read full story at The Daily Hodl >
Clients of $10 trillion asset management firm BlackRock are reportedly not showing much demand for the leading smart contract platform Ethereum (ETH). Robert Mitchnick, BlackRock’s head of digital assets, says that the firm’s clients are mostly interested in Bitcoin (BTC), the top crypto asset by market cap, leaving only a “little bit” of demand for...Read full story at The Daily Hodl >
Bloomberg’s exchange-traded fund (ETF) expert Eric Balchunas says that ETF investors are currently the “strong hands” that have been buying up the Bitcoin (BTC) dip. Balchunas tells his 259,000 followers on the social media platform X that while Grayscale has seen outflows from its ETF, most of it is just one entity – Genesis –...Read full story at The Daily Hodl >
A top trader who rode the 2023 crypto breakout warns that Bitcoin (BTC) bulls have about a week to avert a potentially catastrophic scenario. Pseudonymous analyst DonAlt tells his 532,100 followers on the social media platform X that Bitcoin’s monthly chart is very close to flashing a strong bearish signal. The trader shares a chart...Read full story at The Daily Hodl >
Veteran investor Luke Gromen says he sees Bitcoin (BTC) rising over the coming months on the back of a favorable macroeconomic backdrop. In a new interview with crypto journalist Natalie Brunell, Gromen highlights the US government’s nearly $35 trillion debt. With the national debt sitting at record-high levels, the macro expert says there’s nothing the...Read full story at The Daily Hodl >
The decentralized oracle network Chainlink (LINK) is ahead of all other crypto projects in terms of recent development activity, according to the analytics firm Santiment. Santiment notes that Chainlink is at the top of the list with an average of 451.23 notable GitHub events over the past 30 days. The smart contract platform Cardano (ADA)...Read full story at The Daily Hodl >
Leading smart contract platform Ethereum (ETH) is showing signs of growth despite its underperformance and the regulatory uncertainty surrounding it, according to market intelligence firm IntoTheBlock. In a new article, the head of research at the crypto analytics platform says that Ethereum volumes are reaching levels they haven’t seen in years, signaling growth. “Ethereum has...Read full story at The Daily Hodl >
The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN). The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days. In November,...Read full story at The Daily Hodl >
Gary Gensler thinks some crypto firms skirt mandatory disclosure requirements. The chair of the U.S. Securities and Exchange Commission (SEC) recently spoke to the Columbia Law School Conference and laid out the reasons why he believes mandatory disclosure requirements for companies are important. “The benefits from investors having access to disclosure required by laws and...Read full story at The Daily Hodl >
A widely followed crypto analyst is warning that Ethereum (ETH) could collapse in value after failing to hold a key level. In the latest edition of the trader’s altcoin newsletter, pseudonymous crypto trader Rekt Capital warns that Ethereum could dip below $3,000 based on historical precedence. “Ethereum is in a complicated spot. Because it has...Read full story at The Daily Hodl >
A closely followed crypto strategist believes one red-hot Shiba Inu (SHIB) rival will be a top performer in the ongoing bull market. Pseudonymous analyst Inmortal tells his 211,200 followers on the social media platform X that he is bullish on the dog-themed crypto asset Floki (FLOKI) due to significant project announcements. “Important announcement on Thursday....Read full story at The Daily Hodl >
A crypto trader who called Bitcoin’s (BTC) 2018 price floor thinks that top memecoin Dogecoin (DOGE) is gearing up to witness a big upside move. The analyst pseudonymously known as Bluntz tells his 250,400 followers on the social media platform X that DOGE is in a solid position to print gains against both the US...Read full story at The Daily Hodl >
Cryptocurrency analyst Kevin Svenson is forecasting the path forward for Bitcoin (BTC) over the coming weeks and months. In a new video, Svenson tells his 73,700 YouTube subscribers that higher levels of volatility will ensue if and when Bitcoin surges by nearly 40% from the current level. According to Svenson, once Bitcoin confirms the fourth...Read full story at The Daily Hodl >
Of the many breakthroughs that Satoshi gave us with Bitcoin, its hard-capped supply and programmatic issuance have always been most captivating to me. Unlike any other money the world has ever seen, it is impossible to create more of it than the supply schedule dictates. New Bitcoins are issued every 10 minutes as ‘block rewards’...Read full story at The Daily Hodl >
The Supreme Court of Montenegro is postponing the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea. According to a new memo, the Supreme Court of Montenegro is overturning a previous ruling that greenlit the extradition process to send Kwon back to his homeland of South Korea where he is wanted for alleged...Read full story at The Daily Hodl >
The blockchain infrastructure project Espresso Systems has raised $28 million in a Series B funding round led by investment giant Andreessen Horowitz (a16z). Espresso aims to increase interoperability between Ethereum (ETH) rollups by building a marketplace where rollups can sell the right to build their blocks to bidders. Rollups are solutions that execute transactions outside...Read full story at The Daily Hodl >
With Bitcoin (BTC) falling nearly 7% in the last week, one widely followed crypto analyst believes the correction is all part of the process. Digital assets trader Michaël van de Poppe tells his 705,000 followers on the social media platform X that BTC’s downward trend may be a result of a pre-halving peak. “The consolidation on...Read full story at The Daily Hodl >
The CEO of a $60 billion hedge fund says Americans should be alarmed about the country’s rapidly expanding debt. New numbers from the Treasury Department show the national debt climbed from $34.393262 trillion on March 1st to $34.561173 trillion on March 20th, a rise of $167.911 billion in just 20 days. At this point, the...Read full story at The Daily Hodl >
An unknown entity has exploited a Telegram-based game that runs on the newly launched Ethereum (ETH) layer-2 scaling solution Blast Network. In a post on social media platform X, the team behind the game Super Sushi Samurai (SSS) says token transfers are paused after an attacker exploited a vulnerability that allows exploiters to double their...Read full story at The Daily Hodl >
Macro investor and fund manager Dan Tapiero believes the bull market cycle for Bitcoin (BTC) is still in its early stages. The CEO of investment firm 10T Holdings tells his 114,500 followers on the social media platform X that Bitcoin could soar 3x from its current value in the next year or two. “Conservative again...Read full story at The Daily Hodl >
Ethereum’s (ETH) leading challenger is dominating global investor interest among blockchains examined by crypto data aggregator CoinGecko. According to CoinGecko, smart contract platform Solana (SOL) is by far this year’s top blockchain based on an analysis of the web traffic shares of 58 blockchain ecosystems from January 1st to March 18, 2024. “The Solana ecosystem...Read full story at The Daily Hodl >
A US state is advancing a bill that would allocate $200,000,000 to give to residents with no strings attached. Representative Athena Hollins co-authored bill HF 2666, which seeks to create a guaranteed income program in Minnesota. The bill has already advanced through a House committee, reports Minnesota Public Radio. If the bill passes, $100 million...Read full story at The Daily Hodl >
A closely followed crypto strategist believes one red-hot Solana (SOL)-based memecoin could be gearing up for another move to the upside. Pseudonymous analyst Altcoin Sherpa tells his 212,000 followers on the social media platform X that the Book of Meme (BOME) may rally to the $0.0190 level before dipping. “BOME: probably going to be a...Read full story at The Daily Hodl >
A widely followed crypto analyst is warning that Bitcoin (BTC) could pull back further before next month’s halving event when miners’ rewards are cut in half. Pseudonymous crypto trader Rekt Capital tells his 433,000 followers on the social media platform X that Bitcoin has entered a “danger zone” when historically the crypto king has corrected...Read full story at The Daily Hodl >
The host of the Coin Bureau channel Guy Turner is forecasting a bullish outlook for Bitcoin (BTC) and other crypto assets over the coming months. Turner tells the 2.44 million subscribers of the Coin Bureau YouTube channel that Bitcoin and other crypto assets are around nine months away from recording massive gains. The fact of...Read full story at The Daily Hodl >
A closely followed crypto analyst is expressing bullish sentiment on Dogecoin (DOGE) as he forecasts the potential path forward for Bitcoin (BTC). Starting with Dogecoin, the analyst pseudonymously known as DonAlt tells the 58,200 subscribers of the TechnicalRoundup YouTube channel that it “isn’t too unlikely” for the leading memecoin by market cap to reach a...Read full story at The Daily Hodl >
Retail traders have so far been in the driver’s seat of the current Bitcoin (BTC) and crypto bull markets, according to a Goldman Sachs executive. Matthew McDermott, the investment banking giant’s global head of digital assets, says institutions have just started to get in on the action, Reuters reports. Goldman Sachs first launched a crypto...Read full story at The Daily Hodl >
An Ethereum (ETH)-based gaming altcoin is skyrocketing after being abruptly listed by Coinbase, the top US-based crypto exchange platform by volume. In a new announcement, Coinbase says that starting on March 21st, it will be adding support for Ronin (RON), a protocol developed by play-to-earn blockchain game developer Sky Mavis, the same team that created...Read full story at The Daily Hodl >
Argentines are reportedly buying Bitcoin (BTC) instead of the US dollar to protect themselves from currency devaluation. According to Bloomberg, Argentina-based crypto exchange Lemon is seeing a large increase in Bitcoin purchases as the South American country faces an inflation rate of 276%, one of the highest in the world. In the week ending March...Read full story at The Daily Hodl >
A widely followed crypto analyst is breaking down the digital asset markets after Bitcoin’s (BTC) latest rebound. Digital assets analyst Michaël van de Poppe tells his 704,800 followers on the social media platform X that BTC’s latest move will help the king crypto continue to move upward. “Massive bounce on Bitcoin initiating continuation here. I think we’ll...Read full story at The Daily Hodl >
Smart contract platform Avalanche (AVAX) is powering a new web3-based voucher program for a Chinese digital payment platform. In a statement, Avalanche says the voucher program targets food and beverage merchants and consumers in Southeast Asia. The smart contract platform is partnering with Alipay’s merchant ordering solution, Alipay+ D-store, as well as the payment firm’s...Read full story at The Daily Hodl >
Dog-themed crypto asset Dogecoin (DOGE) is surging after Coinbase announced its plans to launch futures trading for the memecoin. According to a filing by Coinbase earlier this month, the top US-based crypto exchange platform registered with the Commodity Futures Trading Commission (CTFC) to offer DOGE derivatives starting on or after April 1st. “Pursuant to Commodity...Read full story at The Daily Hodl >
A closely followed crypto strategist remains bullish on a top Ethereum (ETH) competitor despite a sudden correction. Pseudonymous analyst Altcoin Sherpa tells his 212,100 followers on the social media platform X that Solana (SOL) is showing strength after retesting the $165 Fibonacci retracement level. “SOL: good first reaction to that $165 level. To be determined...Read full story at The Daily Hodl >
MicroStrategy continues to gobble up Bitcoin (BTC) amid the ongoing crypto bull market. MicroStrategy co-founder Michael Saylor says the firm used the proceeds from convertible notes and excess cash to buy an additional 9,245 BTC for approximately $623 million, at an average price of $67,382 per Bitcoin. The company now owns 214,246 BTC, which it...Read full story at The Daily Hodl >
The crypto analytics firm Glassnode believes Bitcoin (BTC) is now entering a period of market correction and price volatility after a massive rally this year. In a new YouTube video, the analytics firm says key indicators suggest Bitcoin is “taking a breather” as holders are selling off for profits after the crypto king soared 175%...Read full story at The Daily Hodl >
Coinbase founder and CEO Brian Armstrong is saying that Ethereum (ETH) is a commodity under US federal law just like Bitcoin (BTC). The classification is an important one as the U.S. Securities and Exchange Commission (SEC) is considering several applications to launch ETH exchange-traded funds (ETFs). The SEC approved ETFs for Bitcoin earlier this year....Read full story at The Daily Hodl >
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “...Read full story at The Daily Hodl >
Coinbase has added a controversial “intel-to-earn” altcoin project to its listing roadmap. On Monday, the top US crypto exchange placed Arkham (ARKM) on the path towards being tradeable on its platform in the future. Arkham is an intelligence exchange where buyers can place bounties on specific pieces of information. Information buyers will have exclusive access...Read full story at The Daily Hodl >
The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In a new letter addressed to Judge Lewis A. Kaplan, Bankman-Fried’s attorneys say that the sentence recommendation is draconian and brands the former chief executive as a “supervillain.” “The government’s memorandum is disturbing. With marked hostility,...Read full story at The Daily Hodl >
A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making an inaccurate statement in a crypto fraud case. In an order filed on Monday, US District Court Judge Robert Shelby accused the SEC of “bad faith conduct in obtaining, maintaining, and defending” a temporary restraining...Read full story at The Daily Hodl >
Chief executive of analytics platform CryptoQuant believes the bull market is far from over despite Bitcoin’s (BTC) latest dip after hitting new all-time highs this month. Ki Young Ju tells his 339,800 followers on the social media platform X that Bitcoin has yet to reach a cycle top, but is undergoing a short-term correction after...Read full story at The Daily Hodl >