The Daily Hodl

Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an “altseason,” or a period where altcoins vastly outperform Bitcoin (BTC). In a new strategy session, Cowen overlays the Fed balance sheet with Ethereum (ETH) versus Bitcoin (ETH/BTC) and notes that in previous market cycles, altseasons […]

The post Fed Money Printing Likely What Spurs Ethereum and Altseason, According to Analyst Benjamin Cowen appeared first on The Daily Hodl.

Ethereum (ETH) rival Solana (SOL) skyrocketed several multiples in terms of total value locked (TVL) in the last quarter of 2024, Messari’s latest data shows. In its new “State of Solana Q4 2024” report, the crypto analytics firm notes that TVL on Solana grew by 64% quarter-on-quarter (QoQ) and 486% year-on-year (YoY) to $8.6 billion, […]

The post Solana Total Value Locked Shatters $8,600,000,000 in Q4 2024, Surging 486% in One Year: Messari appeared first on The Daily Hodl.

A closely followed crypto strategist believes Bitcoin (BTC) will take a serious hit if it corrects below $90,000. In a new strategy session, pseudonymous analyst Cheds tells his 49,600 YouTube subscribers that Bitcoin appears to be currently trading in a sideways trend with a well-defined resistance at $107,000 and a clear support level at $90,000. […]

The post Trader Warns Bitcoin Could Witness ‘Severe Momentum Blow’ if It Loses $90,000 – Here’s His Downside Target appeared first on The Daily Hodl.

A large entity is reportedly accumulating Uniswap’s native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world. “A giant whale is accumulating UNI! This whale has withdrawn a total of […]

The post ‘Giant Whale’ Accumulating Ethereum DeFi Altcoin, According to Lookonchain appeared first on The Daily Hodl.

Economist Henrik Zeberg believes Bitcoin (BTC) and altcoins are close to igniting the final phase of the crypto bull market. In a new interview on the Crypto Banter YouTube channel, Zeberg says he’s giving a less than 5% chance that crypto assets have already printed a bull market top. “There are no indications for me […]

The post Economist Henrik Zeberg Says No Indications That Crypto Bull Market Top Is In, Predicts ‘Fantastic’ Altcoin Season appeared first on The Daily Hodl.

A former deputy director of the Beijing Financial Bureau is reportedly facing a lengthy jail time for his involvement in crimes related to crypto.  According to Caixin, Hao Gang was engaged in a Bitcoin (BTC) money laundering operation. He also assisted an executive of a leading crypto mining company by lifting border controls in exchange […]

The post Beijing Official Sentenced to 11 Years in Prison for Involvement in Bitcoin Money Laundering Operation: Report appeared first on The Daily Hodl.

A federal judge is reportedly ruling that top US-based crypto exchange Coinbase must face a class action lawsuit in New York. According to a new report from Reuters, Paul Engelmayer, a judge for the Southern District of New York, is rejecting Coinbase’s argument that it did not qualify as a “statutory seller” to dismiss a […]

The post Judge Refuses To Dismiss Coinbase Class Action Lawsuit, Says Exchange Must Face Complaint in New York: Report appeared first on The Daily Hodl.

Veteran crypto investor Chris Burniske believes that Bitcoin (BTC) and crypto are in the midst of a mid-cycle correction, similar to what was witnessed nearly four years ago. Burniske tells his 319,600 followers on the social media platform X that Bitcoin appears to be in the same phase as the April 2021 correction, when BTC […]

The post Bitcoin and Crypto Witnessing Mid-Cycle Top Reminiscent of 2021 Pullback, According to Investor Chris Burniske appeared first on The Daily Hodl.

The chief executive of market intelligence firm CryptoQuant is identifying a “killer” future use case for crypto assets. In a new thread, Ki Young Ju tells his 402,000 followers on the social media platform X that the political process will eventually become tokenized due to its narrative-driven nature. According to Ki, the way digital assets […]

The post Here’s What Crypto’s ‘Killer Use Case’ Will Be in the Future, According to CryptoQuant CEO appeared first on The Daily Hodl.

The White House’s Crypto Czar David Sacks says the Trump administration may provide regulatory clarity for digital assets within six months. In a new discussion on the All-In Podcast, Sacks says the key thing for US regulators to look at when it comes to crypto is market structure, or defining the different assets within the […]

The post Crypto Czar David Sacks Says Clear Rules of the Road for Digital Assets Could Be Set Within Six Months appeared first on The Daily Hodl.