While many like to use Bitcoin Pizza Day as a meme, it actualized Satoshi Nakamoto’s goal with their invention: digital money without intermediaries.
A widely followed crypto analyst is unveiling what he thinks can push Ethereum challenger Algorand (ALGO) to a fresh all-time high. In a new video, the host of popular YouTube crypto channel Coin Bureau tells his 2.04 million subscribers that smart contract platform Algorand is currently facing a number of fundamental challenges including the exponential […]
A widely followed crypto analyst says Bitcoin (BTC) could test the $24,000 range before moving up. Crypto trader Michaël van de Poppe tells his 598,300 Twitter followers that BTC must break $29,600 to move back up into the $30,000 range. “Bitcoin has cleared all the liquidity beneath the lows and dropped towards the $26,000 block. There’s still […]
Hundreds of thousands of crypto traders are getting their positions liquidated as Bitcoin (BTC) and the rest of the digital asset market witness a massive sell-off event. Data from cryptocurrency futures trading and information site Coinglass reveals that $1.01 billion worth of trader positions in crypto assets were wiped out in the last 24 hours. […]
The post Over $1,000,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Nosedives to 10-Month Low appeared first on The Daily Hodl.
Crypto analyst Michaël van de Poppe says that Cardano (ADA), Chainlink (LINK) and three other altcoins offer some of the most attractive risk-reward ratios as the crypto markets continue to correct. In a new strategy session, Michaël van de Poppe tells his 165,000 YouTube subscribers that Cardano‘s area of interest is somewhere in the $0.70 […]
A closely followed crypto analyst is outlining what’s ahead for Ethereum rival Solana (SOL) and move-to-earn protocol STEPN (GMT). In a strategy session, DonAlt warns holders of smart contract platform Solana that SOL looks bearish on the high timeframe charts after converting weekly support at $140 into resistance. According to DonAlt, the price action suggests […]
The post Here’s What’s Next for Solana (SOL) and Red-Hot Altcoin STEPN (GMT), According to Crypto Strategist appeared first on The Daily Hodl.
New data shows that Ethereum challenger Cardano (ADA) is seeing a surge in adoption with the number of ADA wallets hitting a new all-time high despite a shaky April for the smart contract platform. A new report by CryptoCompare shows that the number of addresses holding Cardano rose to a record high last month amid […]
The post Cardano Adoption Surges As Number of ADA Wallets Breaks New All-Time High: CryptoCompare Report appeared first on The Daily Hodl.
A closely followed crypto analyst sees big potential for decentralized finance (DeFi) to disrupt the traditional financial system. In a new discussion on crypto analyst Benjamin Cowen’s YouTube channel, the host of InvestAnswers says that DeFi is still as revolutionary as people said it was in 2020. “I am huge into DeFi. I’m a tradFi […]
Ethereum competitor Cardano (ADA) has teamed up with blockchain payments ecosystem COTI to launch a new algorithmic stablecoin. In a new blog post, COTI says that Djed, the first-ever algorithmic stablecoin built on the smart contract platform, has gone live on its public testnet. “We are excited to announce that after months of intense work […]
The post Cardano’s (ADA) First Algorithmic Stablecoin Goes Live on Public Testnet appeared first on The Daily Hodl.
A closely followed crypto strategist who has remained long-term bullish on Bitcoin despite its weak price action says that another BTC sell-off event is in sight. Pseudonymous crypto analyst Credible tells his 329,600 Twitter followers that Bitcoin is likely gearing up for a fresh leg down after bulls failed to establish a higher-low setup. “Lows […]
The post Top Crypto Analyst Issues Warning to Bitcoin Traders, Says BTC Flush Below $30,000 Imminent appeared first on The Daily Hodl.
Ethereum’s richest bagholders have been shuffling their altcoin stacks as ETH and the overall crypto markets teeter. According to data from whale-monitoring platform WhaleStats, Apecoin (APE), a token airdropped to members of the Bored Ape Yacht Club non-fungible token (NFT) community, is the most purchased altcoin among the biggest Ethereum whales at time of writing, […]
A popular crypto analyst and trader is warning that altcoins face more downward price pressure if the current support levels fail to hold. Pseudonymous trader Altcoin Sherpa tells his 174,900 Twitter followers that Solana (SOL), Polygon (MATIC), Avalanche (AVAX) and Terra (LUNA) are on the verge of losing their support levels. The analyst says that […]
Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information platform Coinglass reveals that on May 5th, more than $407.60 million worth of trader positions in digital assets were wiped out in a 24-hour […]
The post Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low appeared first on The Daily Hodl.
Acclaimed fashion brand Gucci is venturing into the world of digital assets with the announcement that the company will soon begin accepting crypto payments in select stores across the US. According to a new report by Vogue Business, the famed luxury line will begin welcoming cryptocurrency payments starting at the end of May with plans […]
A widely-followed cryptocurrency analyst is expressing bearish sentiment on two Ethereum (ETH)-competing altcoins. Pseudonymous crypto analyst Capo tells his 263,800 Twitter followers that the prices of two layer-1 platforms could fall by over 50% from the current levels. Starting with Fantom (FTM), Capo says that the native token of the smart contract-enabled blockchain is flashing […]
The post Crypto Trader Warns 50% Drop Will Slam Two Ethereum Rivals, Predicts Massive Capitulation Incoming appeared first on The Daily Hodl.