March 20, 2024 – British Virgin Islands, British Virgin Islands Mystiko.Network, the leading base layer of Web 3.0, has completed an $18 million seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar...Read full story at The Daily Hodl >
Japan’s official government pension fund is curious about Bitcoin (BTC) and crypto. On Tuesday, the Government Pension Investment Fund (GPIF) requested information from the public on illiquid assets that it hasn’t already invested in. The fund listed specific examples of potential investments that it is looking for info about, including forests, farmland, gold and crypto...Read full story at The Daily Hodl >
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on bids to create Ethereum (ETH) exchange-traded funds (ETFs) from two asset management firms. In a new memo filed earlier this week, the regulatory agency says it will be pushing back the date to approve ETH ETF applications by financial giants Hashdex and Ark...Read full story at The Daily Hodl >
Former Binance CEO Changpeng Zhao says he plans to launch an initiative to provide free education at the elementary and high school levels. Zhao, also known as CZ, tells his 8.9 million followers on the social media platform X that he intends to launch the Giggle Academy to reduce adult illiteracy rates, which are disproportionately...Read full story at The Daily Hodl >
BitMEX founder Arthur Hayes is turning bullish on three crypto projects during the current bull market cycle. In a new interview with Pomp Investments founder Anthony Pompliano, Hayes says the decentralized finance (DeFi) project Pendle (PENDLE), which allows users to tokenize and sell future yields, has a lot of upside potential as it innovates in...Read full story at The Daily Hodl >
Binance CEO Richard Teng is predicting that Bitcoin (BTC) could reach a new all-time high by the end of this year, according to a Bloomberg report. The report says that Teng sees Bitcoin exceeding $80,000 after earlier estimating that the flagship crypto asset would close 2024 at around that price. According to the report, Teng’s...Read full story at The Daily Hodl >
An unknown trader took home millions of dollars in profits in a span of a few minutes after their timely exit in a new memecoin running on the Solana (SOL) network, on-chain data shows. Blockchain tracking firm Lookonchain first spotted a trader who spent nearly 10,000 SOL to accumulate about 70 million Slerf (SLERF) tokens....Read full story at The Daily Hodl >
An analyst who correctly called Bitcoin’s 2022 market bottom is warning that the BTC correction is likely not yet over. Pseudonymous analyst DonAlt tells his 529,900 followers on the social media platform X that he thinks BTC bears are in full control of the market as long as Bitcoin is trading below a key level....Read full story at The Daily Hodl >
In the world of DeFi (decentralized finance), oracles play a crucial role in ensuring the accuracy and reliability of data – especially pricing data – used within various protocols and platforms. What are price oracles A price oracle is a specific type of oracle that provides off-chain (external) price information to on-chain (blockchain) smart contracts....Read full story at The Daily Hodl >
A closely followed crypto strategist believes one Ethereum (ETH) competitor is primed to print gains of more than 2x this year. Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this year. But while the crypto strategist is long-term bullish...Read full story at The Daily Hodl >
The CEO of Coinbase is revealing what he thinks the most important use cases for cryptocurrencies are. In a new Coinbase blog post, Coinbase CEO Brian Armstrong attempts to answer the question “what is crypto even useful for?” First, Armstrong says that out-of-control money printing has caused an increasing level of economic inequality via inflation...Read full story at The Daily Hodl >
A widely followed on-chain analyst thinks that Bitcoin (BTC) is just taking a breather before rallying to fresh all-time highs. Analyst Willy Woo tells his 1 million followers on the social media platform X that the Bitcoin Risk Signal, which compares BTC’s network flows to price action, suggests that the crypto king is not yet...Read full story at The Daily Hodl >
A top Galaxy Digital executive thinks Bitcoin (BTC) will eventually reach $100,000 and beyond this market cycle. In a new interview with CNBC, Galaxy Digital’s Global Head of Trading Jason Urban says $100,000 for BTC is within the realm of possibility. Based on Galaxy Digital CEO Mike Novogratz’s $100,000 prediction and Standard Chartered’s recent $150,000 forecast,...Read full story at The Daily Hodl >
Binance says it conducted an internal investigation after a trader made staggeringly large gains on a recently listed memecoin. The top global crypto exchange announced on Saturday that it was listing the Book of Meme (BOME), a Solana (SOL)-based coin launched by the art producer DarkFarms, who specializes in pieces based on Pepe the Frog,...Read full story at The Daily Hodl >
Over $122 million has been raised for 27 different Solana-based projects’ presales in the last week, according to a recent investigation from blockchain sleuth ZachXBT. ZachXBT says that since March 12, more than 655,000 SOL worth about $122.5 million has been raised for various presales. Says the on-chain analyst, “I was interested to see how...Read full story at The Daily Hodl >
Leverage traders are staring at over $654,000,000 in losses after Bitcoin (BTC) suddenly dipped to $62,000, a more than 8% decline from the day’s high. According to crypto data aggregator Coinglass, more than 232,029 traders suffered $654.34 million in liquidations during the last 24 hours – mostly from leveraged longs. Crypto exchange OKX hosted the...Read full story at The Daily Hodl >
A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset. The issuer says the stablecoin will “slowly be arriving on-chain” this week. Mehen says each USDM is backed 1:1 by...Read full story at The Daily Hodl >
A widely followed crypto analyst is warning of an imminent Bitcoin (BTC) correction based on historical market cycles. Pseudonymous crypto trader Rekt Capital tells his 424,500 followers on the social media platform X that Bitcoin will enter the so-called “danger zone” today, when it might undergo a significant correction. The trader says that historically, Bitcoin...Read full story at The Daily Hodl >
Crypto whales deposited about $58 million worth of the Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB) into crypto exchanges after the project had a massive token unlock over the weekend, according to the blockchain tracker Lookonchain. Lookonchain notes that 11 whales deposited 34 million ARB into exchanges after the unlock. Arbitrum unlocked 1.11 billion ARB...Read full story at The Daily Hodl >
A widely followed analyst predicts that Ethereum (ETH) will see rallies to the tune of 125% from current levels during this crypto bull market. The anonymous host of InvestAnswers tells his 494,000 YouTube subscribers that he’s using the layer-in, layer-out model to determine potential price targets for the native asset of the leading smart contract...Read full story at The Daily Hodl >
A closely followed crypto strategist thinks that it’s about time for Bitcoin (BTC) to steal liquidity from altcoins. Pseudonymous analyst Credible tells his 382,300 followers on the social media platform X that a parabolic rally to a six-figure price tag is in sight for Bitcoin. “It’s time for alts to make way for king BTC...Read full story at The Daily Hodl >
A widely followed crypto analyst is predicting a massive rally for one Ethereum (ETH) competitor while updating his forecasts on Cardano (ADA) and Polygon (MATIC). Crypto strategist Ali Martinez tells his 53,500 followers on the social media platform X that he envisions layer-1 blockchain Fantom (FTM) to surge to a price tag of $1.44, a...Read full story at The Daily Hodl >
The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their gains taxes to include crypto. According to a report from the Pakistani news outlet The News, the IMF is asking the FBR to bring crypto gains into the country’s tax net. The IMF is asking Pakistan’s...Read full story at The Daily Hodl >
A popular crypto analyst says technical indicators are suggesting that Bitcoin (BTC) is in the middle of a rapid ascent to the $160,000 mark. Pseudonymous analyst TechDev tells his 439,000 followers on the social media platform X that he’s watching Bitcoin’s relative strength index (RSI) and its Fibonacci extension levels on the monthly timeframe. The...Read full story at The Daily Hodl >
Analysts at British multinational banking giant Standard Chartered are raising their 2025 Bitcoin (BTC) price forecast by a sizeable 50%. Analyst Geoff Kendrick says in a new note to investors that given the unexpected success of the Bitcoin exchange-traded funds (ETFs) launched in January, a more optimistic price expectation for BTC is warranted, reports CNBC....Read full story at The Daily Hodl >
Starbucks is shutting down its loyalty program that rewards participants with non-fungible tokens (NFTs) minted on the Polygon (MATIC) blockchain. The world’s largest coffeehouse chain rolled out the Starbucks Odyssey program for beta testing in December 2022. Members complete themed activities to earn NFTs called “Journey Stamps” and bonus points to access benefits and interactive...Read full story at The Daily Hodl >
A new Solana (SOL)-based memecoin has soared to more than a $620 million market cap shortly after launching and securing listings on multiple crypto exchanges. Slerf (SLERF), a new sloth-themed memecoin, is now trading on at least four crypto exchanges as of Monday. MEXC added Slerf to its “assessment zone,” which is reserved for low-cap...Read full story at The Daily Hodl >
US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press release, the U.S. Securities and Exchange Commission (SEC) says it is charging 17 individuals with operating a crypto scheme that targeted 40,000 investors across three countries. According to the regulatory agency, Texas-based firm CryptoFX allegedly...Read full story at The Daily Hodl >
A closely followed crypto analyst says that BNB, the native token for the BNB Chain ecosystem, is one of the most solid high-cap plays for the current market correction. Pseudonymous trader Kaleo tells his 630,000 followers on the social media platform X that he thinks BNB is gearing up for a breakout. He shares a...Read full story at The Daily Hodl >
A trader was spotted on-chain flipping a $72,000 investment into over $30 million in just three days during the latest memecoin craze. First reported by blockchain tracking firm Lookonchain, a trader using the “sundayfunday.sol” Solana (SOL) address made their massive profits buying and selling Book of Meme (BOME), a new memecoin launched on Solana last...Read full story at The Daily Hodl >
A trader who nailed Bitcoin’s (BTC) price floor during the 2018 bear market believes that one memecoin running on the Solana (SOL) blockchain is primed to rally to a fresh record high. Pseudonymous analyst Bluntz tells his 249,400 followers on the social media platform X that he sees meme token dogwifhat (WIF) surging to a...Read full story at The Daily Hodl >
A widely followed economist believes Bitcoin is far from witnessing the full impact of the recently approved spot market BTC exchange-traded funds (ETFs). In a new interview on the 1000x Podcast, Alex Krüger elaborates on the inner workings of an ETF product and explains why he believes it’s still early days for the Bitcoin bull...Read full story at The Daily Hodl >
A newly launched memecoin on Solana (SOL) has achieved a $1.1 billion market cap in less than 48 hours following its listing on Binance, the largest crypto exchange in the world. Early on Saturday, Binance announced it was launching perpetual futures for Book of Meme (BOME), a coin launched by art producer DarkFarms who specializes...Read full story at The Daily Hodl >
A widely followed crypto strategist thinks that it’s almost time for the wider altcoin market to reap the benefits of capital rotation. Pseudonymous trader Hsaka tells his 526,500 followers on the social media platform X that altcoins are now in a position to accelerate. According to the crypto analyst, altcoins will be the recipients of...Read full story at The Daily Hodl >
The President of El Salvador says that the country is now moving its Bitcoin (BTC) stash into cold storage. In a new thread on the social media platform X, President Nayib Bukele says El Salvador will create a Bitcoin “piggy bank” and continue to implement its plan of accumulating one BTC per day. “We’ve decided to...Read full story at The Daily Hodl >
Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay a staggering $11 billion money judgment. In a new court filing, the prosecutors in the case say that while the guidelines recommend a sentence of up to 100 years – which is effectively a life...Read full story at The Daily Hodl >
A large surge in memecoin activity has driven decentralized exchange (DEX) volume on Solana (SOL) to record highs, the latest on-chain data shows. According to blockchain analytics platform DefiLlama, Solana’s volume reached $3.802 billion on Saturday, a high that eclipses old records set earlier this year. Solana’s total value locked (TVL) has also seen a...Read full story at The Daily Hodl >
An investor who accurately called Bitcoin’s (BTC) 2022 bear market bottom says he’s extremely bullish on one smart contract protocol. Venture capitalist and crypto investor Chris Burniske tells his 285,400 followers on the social media platform X that Ethereum (ETH) has cemented its status as a “credible settlement layer for crypto assets.” According to Burniske,...Read full story at The Daily Hodl >
The CEO of the Singapore-based digital asset exchange Crypto.com is sharing his insights on Bitcoin (BTC) after its recent pullback from new record highs. In a new interview with CNBC, Kris Marszalek says Bitcoin is currently in the midst of a strong uptrend last witnessed in December 2020 and January 2021, when BTC started a...Read full story at The Daily Hodl >
A trader who rode the 2023 crypto breakout is warning that Bitcoin’s (BTC) strong uptrend is flashing signs of weakness for the first time since the spot market exchange-traded funds (ETFs) were approved in January. In a new strategy session, pseudonymous trader DonAlt tells his 58,000 YouTube subscribers that BTC’s strong uptrend this year is...Read full story at The Daily Hodl >
JPMorgan Chase reportedly refuses to reimburse a customer who says she warned the bank of suspicious activity – and then watched scammers drain her account over the course of three days. Houston resident Cindy Little says she recently received a text message from Chase letting her know that an “unknown” person had been added as...Read full story at The Daily Hodl >
Ethereum (ETH) rival Solana (SOL) bucked the wider crypto market downtick amid a new integration with Binance’s Web3 Wallet. The fifth-ranked crypto asset by market cap is up more than 5% in the past 24 hours, compared to the overall crypto market cap, which is down 3.8% over the same period, according to CoinGecko. Binance...Read full story at The Daily Hodl >
The skyrocketing level of leverage on Bitcoin (BTC) could suggest the crypto market is overheated, according to the analytics firm IntoTheBlock. Lucas Outumuro, head of research at the firm, says in a new analysis that funding rates have reached their highest levels since 2021. “Funding rates on Binance and Bybit reached levels of 0.06% and...Read full story at The Daily Hodl >
The markets are starting to look bubble-like, according to a top Bank of America strategist. In a new interview with Bloomberg, Michael Hartnett, the bank’s chief investment strategist, points to surging prices in crypto, the “Magnificent Seven” tech stocks and AI-related equities. “I mean there’s tremendous euphoria. The euphoria’s there because of the Fed. The...Read full story at The Daily Hodl >
Enterprise software firm MicroStrategy says it is planning on adding more Bitcoin (BTC) to its portfolio as the flagship digital asset dips below its new all-time high. In a new press release, MicroStrategy says it’s offering $525 million worth of convertible senior notes with the intent of using the proceeds for general corporate purposes and...Read full story at The Daily Hodl >
The author of the best-selling personal finance series Rich Dad Poor Dad predicts Bitcoin (BTC) is only months away from hitting a massive six-figure price tag. Robert Kiyosaki tells his 2.5 million followers on the social media platform X that he believes Bitcoin will reach $300,000 this year, a more than 339% increase from the...Read full story at The Daily Hodl >
A widely followed cryptocurrency analyst and trader is remaining bullish on one red-hot Ethereum (ETH) competitor. The analyst pseudonymously known as Bluntz tells his 248,700 followers on social media platform X that Solana (SOL) has a lot more upside potential after soaring 10x since September. “SOL vertical accumulation has ended. Flood gates are open and...Read full story at The Daily Hodl >
A widely followed analyst and trader is offering his forecast on three crypto assets. Starting with the fifth-largest crypto asset by market cap, the analyst pseudonymously known as Inmortal tells his 209,800 followers on the social media platform X that Solana (SOL) could replicate its rival Ethereum’s (ETH) explosive rally from early 2020 to late...Read full story at The Daily Hodl >
Cryptocurrency analyst Kevin Svenson is offering his forecast on Bitcoin (BTC) amid a correction in the market. Svenson tells his 73,200 YouTube subscribers that Bitcoin is in the early stages of the fourth level of a parabolic curve pattern that started around November of 2022. A parabolic curve pattern is a staircase-like formation with four...Read full story at The Daily Hodl >
A popular crypto trader says he believes Ethereum (ETH) rival Solana (SOL) is flashing signs of a possible correction. In a new thread, Ali Martinez tells his 52,700 followers on the social media platform X that SOL’s Tom DeMark (TD) sequential indicator flashed a sell signal on its daily chart, which historically signals a price...Read full story at The Daily Hodl >
A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York Community Bank’s (NYCB) new earnings report shows total deposits fell from $81.365 billion at the end of start of the year to $77.2 billion on March 6th – a drop...Read full story at The Daily Hodl >
The world’s largest crypto exchange by volume is reportedly severing ties with its multi-billion-dollar investment branch. According to a new report by Bloomberg, since taking the helm from former Binance co-founder Changpeng Zhao, Binance CEO Richard Teng has pushed Binance Labs – the crypto exchange’s investment arm – into a separate company. Disclaimer text found...Read full story at The Daily Hodl >
The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its “key duties” in a document presented to members of Congress. House Majority Whip Tom Emmer, a Republican from Minnesota, says Fed officials handed his staff a document earlier in the Congressional session titled “Key Duties of the Fed – Payment...Read full story at The Daily Hodl >
A widely followed crypto analyst is cautioning traders against worrying about Bitcoin’s (BTC) nearly 5% dip in the last 24 hours. Crypto analyst Michaël van de Poppe tells his 702,300 followers on the social media platform X that market corrections can be seen as opportunities for traders. “Bitcoin down 7-8% overnight. Altcoins have followed in this correction...Read full story at The Daily Hodl >
In the world of cryptocurrency, many noteworthy projects align with investors’ values and interests. Solana is one such project that has gained significant attention. Between the end of September 2023 and mid-March 2024, its value surged remarkably from $19.1 to $172.1, marking a staggering increase of approximately 761%. And the trend suggests that its value...Read full story at The Daily Hodl >
A big city on the west coast just approved a pilot program that will give hundreds of dollars a month to a group of residents with no strings attached. The guaranteed income pilot will distribute $725 per month to about 200 families in Sacramento, California for a year. The program, called Family First Sacramento, has...Read full story at The Daily Hodl >
The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their...Read full story at The Daily Hodl >
Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH) and other crypto assets have been liquidated during the last 24 hours as BTC plunges back below its previous all-time high. New data from market intelligence platform Coinglass reveals that during the last day, $260 million worth of Bitcoin was liquidated, the overwhelming majority...Read full story at The Daily Hodl >
A closely followed crypto strategist believes one top-five altcoin is on the verge of a massive breakout based on a historic pattern against Bitcoin (BTC). Pseudonymous crypto trader Kaleo tells his 629,500 followers on the social media platform X that Binance Coin (BNB), the native asset of the world’s largest crypto exchange platform by volume,...Read full story at The Daily Hodl >
A former deputy director of the International Monetary Fund (IMF) says the US is now racking up debt at an extremely dangerous pace. Fresh data from the U.S. Treasury Department shows that the national debt rose from $33.990 trillion on January 2nd to $34.465 trillion on March 8th – an increase of more than $474.930...Read full story at The Daily Hodl >
New data from market intelligence firm Chainalysis reveals that global cryptocurrency gains topped $37.6 billion in 2023 as asset prices and market sentiment continue to improve after a challenging 2022. In a new report, the crypto analytics platform says that the United States accounted for the lion’s share of realized profits in 2023, hauling in...Read full story at The Daily Hodl >
A closely followed crypto analyst says that Bitcoin (BTC) is about to enter a phase of the market cycle that historically sees massive price corrections. In a new video update, pseudonymous strategist Rekt Capital tells his 65,500 YouTube subscribers that Bitcoin is only a week away from entering a “theoretical technical danger zone” that in...Read full story at The Daily Hodl >
A closely followed crypto strategist says he thinks a top-10 altcoin is about to hit a new all-time high while updating his outlook on two decentralized finance (DeFi) tokens. Pseudonymous analyst Altcoin Sherpa tells his 211,300 followers on the social media platform X that Binance Coin (BNB), the native asset of the world’s largest crypto...Read full story at The Daily Hodl >
A widely followed crypto analyst is expressing bullish sentiment on a little-known altcoin built on the smart contract platform Solana (SOL). Pseudonymous crypto strategist Bluntz tells his 247,700 followers on the social media platform X that memecoin Myro (MYRO) appears to be following in the footsteps of dogwifhat (WIF), another SOL-based meme asset. According to...Read full story at The Daily Hodl >
The founder and CEO of Galaxy Digital is predicting when Bitcoin (BTC) could experience a significant correction following a rally that has seen the flagship crypto asset appreciate by over 65% year-to-date. In a new CNBC interview, Mike Novogratz says that Bitcoin’s current upward trajectory could reverse if the outflows from spot market Bitcoin exchange-traded...Read full story at The Daily Hodl >
Wallets today present a significant challenge in onboarding everyday users to crypto. In response, the industry must prioritize and push the transition towards solutions that are both more user-friendly and much more secure, without sacrificing the decentralized and self-custodial nature that crypto is all about. Traditional self-custodial wallets – which often overlook the importance of...Read full story at The Daily Hodl >
A closely followed crypto trader is flipping bullish on Sam Altman’s identity-focused crypto project Worldcoin (WLD). Pseudonymous trader The Flow Horse tells his 200,300 followers on the social media platform X that artificial intelligence (AI)-related Worldcoin appears like it could flip the $10 level into support. He suggests that Worldcoin could also get a boost...Read full story at The Daily Hodl >
Popular meme asset Dogecoin (DOGE) is rising after Tesla CEO Elon Musk hints that the electric car company may accept DOGE payments in the future. Speaking at Giga Berlin, a manufacturing plant for Tesla in Germany, the longtime Dogecoin proponent and billionaire was asked when Tesla would be accepting the dog-themed digital asset as payment...Read full story at The Daily Hodl >
The level of new capital flowing onto the Bitcoin (BTC) network suggests the top crypto asset is in a “full-blown” bull market, according to on-chain analyst Willy Woo. Woo tells his 1 million followers on the social media platform X that daily inflows of capital being stored by the Bitcoin network recently hit $2 billion...Read full story at The Daily Hodl >
A widely followed crypto analyst is diving into Bitcoin’s (BTC) latest rally and what it could mean for the altcoin markets. Crypto trader Michaël van de Poppe tells his 702,100 followers on the social media platform X that BTC’s pre-halving rally is right on schedule. “Bitcoin dominance continues the rally. To date, the pre-halving rally is still...Read full story at The Daily Hodl >
March 14, 2024 – Auckland, New Zealand Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9, 2024. This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security and creating greater...Read full story at The Daily Hodl >
A U.S. district court judge ordered former Binance CEO Changpeng Zhao to hand over his passports and travel documents as he awaits his sentencing in April. In November, Zhao pleaded guilty to violating anti-money laundering laws and stepped down from his role as chief executive of the world’s largest crypto exchange. Zhao has been free...Read full story at The Daily Hodl >
A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), nor is he the author of the BTC White Paper. According to BitMEX Research, the Cryptocurrency Open Patent Alliance (COPA) – a nonprofit crypto advocacy group – recently won its case against Wright, who...Read full story at The Daily Hodl >
A widely followed crypto trader believes that one Avalanche (AVAX)-based altcoin is gearing up for a massive breakout. Pseudonymous analyst Kaleo tells his 620,300 followers on the social media platform X that the native governance token of TraderJoe (JOE), an automated market maker (AMM) decentralized exchange (DEX), could soar more than 28% from its current...Read full story at The Daily Hodl >
A federal jury in Washington has just convicted the Russian-Swedish operator of the crypto mixing service Bitcoin Fog. In a statement, the Justice Department says Roman Sterlingov is found guilty of money laundering conspiracy, sting money laundering, operating an unlicensed money transmitting business and violations of the D.C. Money Transmitters Act. The jury also greenlighted...Read full story at The Daily Hodl >
BitMEX co-founder Arthur Hayes thinks the Bitcoin (BTC) and crypto bull markets are just beginning. In a new interview on Empire, Hayes says that people will allocate funds to the newly approved spot Bitcoin exchange-traded funds (ETFs) via retirement accounts. The crypto veteran says the retirement account money represents “sticky flows” that will be more...Read full story at The Daily Hodl >
A closely followed analyst is predicting when Bitcoin (BTC) will reach its peak in the ongoing bull market cycle. In a new video update on YouTube, pseudonymous analyst Rekt Capital tells his 64,600 subscribers that based on historic precedence Bitcoin could hit a current cycle peak in late 2024 or early 2025. “If we were...Read full story at The Daily Hodl >
The CEO of Bitcoin-focused tech firm JAN3, Samson Mow, is predicting that Bitcoin (BTC) could reach a seven-figure price. Mow says in an appearance on the What Bitcoin Did podcast that the flagship crypto asset could go up by around 1,264% from the current level over the next couple of months. “I think this year...Read full story at The Daily Hodl >
The Ripple (XRP) price has maintained a steep ascending trend ever since the token rebounded from the March 2020 lows. The price further went up by more than 1,000% and also encountered a drastic bear market, losing over 80% of its gains. Regardless of the bullish or bearish trend prevailing within the market, the XRP...Read full story at The Daily Hodl >
A closely followed crypto strategist thinks that the payments network XRP is gearing up to witness a big move to the upside. Pseudonymous analyst Credible tells his 380,200 followers on the social media platform X that XRP is about to enter a phase when it outperforms Bitcoin (BTC), Ethereum (ETH) and the broader crypto market. According...Read full story at The Daily Hodl >
The self-custody Bitcoin (BTC) wallet built by Jack Dorsey’s fintech firm is now being shipped to customers in 95 countries. Dorsey’s fintech company Block, formerly known as Square, began taking pre-orders in December for the new self-custody Bitcoin wallet called Bitkey. Bitkey says the pre-ordered wallets, which are designed to make it easier for people...Read full story at The Daily Hodl >
A widely followed crypto analyst is pointing to a higher price target for Bitcoin (BTC) in the short term before correcting after hitting $72,000. In a new video update, crypto strategist Jason Pizzino tells his 316,000 YouTube subscribers that based on the last cycle Bitcoin could rally to around $81,000 before a sudden correction. He...Read full story at The Daily Hodl >
The founders of analytics firm Glassnode say that Bitcoin (BTC) is likely about to correct significantly after an over-extended 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 with price and sentiment getting hot, a five-wave correction to lower prices...Read full story at The Daily Hodl >
Two Binance executives are being detained against their will in Abuja, Nigeria, according to a Wired report. The report says that Tigran Gambaryan, a former US federal agent who now leads the criminal investigations team at Binance and Nadeem Anjarwalla, the crypto exchange’s regional manager for Africa, are being held in the Nigerian capital. According...Read full story at The Daily Hodl >
Top US-based crypto exchange platform Coinbase says it will be raising $1 billion worth of convertible bonds from institutions. In a new press release, Coinbase announced today its intention to privately offer $1 billion worth of convertible notes due in 2030 to “persons reasonably believed to be qualified institutional buyers.” “The notes will be senior,...Read full story at The Daily Hodl >
March 13, 2024 – Madrid, Spain Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company’s native token, HAI – a work-to-earn, product-utility and governance token. It allows existing or new HAI holders to exchange their assets for HES (Hacken Equity Shares). This move makes Hacken the first crypto company...Read full story at The Daily Hodl >
March 13, 2024 – London, United Kingdom Memeinator is progressing towards the end of its ICO, having recently blasted past $6.5 million raised. Already in stage 19 of 20 and pricing in at $0.0276, the Memeinator team is optimistic that the presale is likely to sell out fast. The Memeinator storyline outlines how it’s been...Read full story at The Daily Hodl >
New data reveals that asset management titan BlackRock has brought in over $10 billion into its spot market Bitcoin (BTC) exchange-traded fund (ETF) since it launched in January. According to the research team of crypto exchange BitMEX, on March 11th, BlackRock hauled over $500 million into its spot market BTC ETF. Spot market ETFs give...Read full story at The Daily Hodl >
Analytics firm Kaiko says Bitcoin (BTC) has yet to witness the full impact of fresh capital despite printing new all-time highs. In a new report, Kaiko’s research team says the crypto bull market is breeding new Bitcoin millionaire whales at a much slower pace compared to the 2021 market cycle. “Despite the recent price surge,...Read full story at The Daily Hodl >
Sydney, Australia Crypto Gambinos, developed by Phantom Labs Pty Ltd, has announced the sale of its groundbreaking NFT collection. With MOBCOIN now publicly trading on Uniswap, enthusiasts can enter the Crypto Gambinos world at a more accessible price point. The project has strategically reduced its NFT minting price by 50% – from 0.02 ETH to...Read full story at The Daily Hodl >
Price models suggest Bitcoin’s (BTC) bull run is just getting started, according to on-chain analyst Willy Woo. Woo tells his 1 million followers on the social media platform X that Bitcoin’s upper bound is currently $337,000. “So this bull market is still early, equivalent to $20,000 of last cycle. Last cycle didn’t hit the upper...Read full story at The Daily Hodl >
The tokenization of real-world assets offers “far-reaching” new functions, according to Travis Hill, the vice chair of the U.S. Federal Deposit Insurance Corporation (FDIC). In a new speech at the Mercatus Center, Hill says real-world asset tokenization offers programmability, the ability to hard-wire value transfers that automatically self-execute when certain conditions are satisfied. Tokenization also...Read full story at The Daily Hodl >
Longtime crypto skeptic JPMorgan chief executive Jamie Dimon says he will never buy Bitcoin (BTC) even as the digital asset soars to a new all-time high (ATH). In a new Reuters report, Dimon continues his criticism of Bitcoin during remarks at the Australian Financial Review business summit during a live stream from New York. He...Read full story at The Daily Hodl >
Bitcoin (BTC) is headed for a sell-side liquidity crisis, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 336,400 followers on the social media platform X that Bitcoin bears “can’t win this game” until spot Bitcoin exchange-traded fund (ETF) inflow stops. “Last week, spot ETFs saw netflows of...Read full story at The Daily Hodl >
The financial giant behind the Grayscale Bitcoin Trust (GBTC) is filing a new BTC product with the leading United States securities regulator. According to a new filing with the U.S. Securities and Exchange Commission (SEC), Grayscale is attempting to register a “Grayscale Bitcoin Mini Trust,” a spin-off of GBTC. The new product aims to allow investors...Read full story at The Daily Hodl >
A UK digital asset firm reportedly transferred millions of dollars in cryptocurrency to a wallet of an alleged Russian arms dealer who was later sanctioned by the US government. According to a new Guardian report, the cryptocurrency firm Copper Technologies allegedly transferred more than $4.2 million in digital assets to a crypto wallet belonging to...Read full story at The Daily Hodl >
Binance is planning on rolling out support for a new decentralized finance (DeFi) staking protocol via its Launchpool platform. The top crypto exchange platform in the world by volume says its 49th Launchpool project will be ether.fi (ETHFI), a decentralized and non-custodial Ethereum (ETH) liquid staking platform. Launchpool allows users to stake coins to farm...Read full story at The Daily Hodl >
Firms in Hong Kong reportedly hope to leapfrog US companies and get a leg up on the market by rolling out Ethereum (ETH) exchange-traded funds (ETF) first. The Hong Kong news outlet Sing Tao Daily, citing “industry insiders,” reports that spot ETH ETFs are under “intensive preparation” in the jurisdiction. Livio Weng, the chief operating...Read full story at The Daily Hodl >
USDT issuer Tether has helped top US government officials seize digital assets from an unhosted crypto wallet. In a new announcement, Tether says it has worked with the FBI and the US Department of Justice (DOJ) to take $1.4 million in USDT from a “scam network.” Says Paolo Ardonio, Tether’s CEO, “We are proud of our collaboration...Read full story at The Daily Hodl >
Top analytics firm Glassnode says that a transfer of wealth is occurring within Bitcoin (BTC) as coins move from long-term holders to new speculators attempting to trade the current bull market. In a new report, Glassnode says that as Bitcoin breaks another all-time high, speculators have arrived to open leveraged futures positions, often buying their...Read full story at The Daily Hodl >