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Top Crypto Trader Predicts Rally for Ethereum Rival Solana (SOL), Updates Outlook on ETH and STEPN (GMT)

Top Crypto Trader Predicts Rally for Ethereum Rival Solana (SOL), Updates Outlook on ETH and STEPN (GMT)

A popular analyst is setting price targets for Ethereum challenger Solana (SOL) while forecasting what’s next for ETH and STEPN (GMT). Pseudonymous analyst Altcoin Sherpa tells his 179,900 Twitter followers he’s using the Fibonacci retracement tool to plot out support and resistance levels for Solana, noting things may go south for the smart contract platform […]

The post Top Crypto Trader Predicts Rally for Ethereum Rival Solana (SOL), Updates Outlook on ETH and STEPN (GMT) appeared first on The Daily Hodl.

Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report

Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report

Crypto lender Nexo is announcing intentions to buy another lending platform in the industry as markets continue to struggle. According to a Reuters report, a new statement from the London-based Nexo says it will buy all of Vauld, though it did not disclose a price or date. Nexo also plans to “reorganize its future operations with […]

The post Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report appeared first on The Daily Hodl.

Crypto Analyst Predicts Bitcoin (BTC) Triples in Price Based on One Metric – Here’s His Timeframe

Crypto Analyst Predicts Bitcoin (BTC) Triples in Price Based on One Metric – Here’s His Timeframe

One crypto analyst is comparing Bitcoin’s price action to one traditional stock to predict what’s next for BTC after a rocky last two months. In a new strategy session, the anonymous host of InvestAnswers highlights automaker Tesla while telling his 442,000 YouTube subscribers about the significance of mean reversion, a metric that posits an asset’s […]

The post Crypto Analyst Predicts Bitcoin (BTC) Triples in Price Based on One Metric – Here’s His Timeframe appeared first on The Daily Hodl.

Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market

Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market

A popular crypto analyst warns the strength of the US Dollar Index (DXY) spells bad news for both digital assets and the stock market. Crypto trader Justin Bennett tells his 101,900 Twitter followers that DXY’s current surge points to Bitcoin (BTC), Ethereum (ETH) and the stock market remaining down for at least a year. “Many won’t like this but… […]

The post Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market appeared first on The Daily Hodl.

Tech Giant Meta To Shut Down Digital Wallet Experiment Novi, Says Metaverse Project Coming Next: Report

Tech Giant Meta To Shut Down Digital Wallet Experiment Novi, Says Metaverse Project Coming Next: Report

Meta is reportedly shutting down its crypto wallet years after Mark Zuckerberg took a grilling from Congress over Meta’s future projects. According to a new report by Bloomberg, Meta’s digital asset wallet Novi will shut down on September 1st and will prevent users from adding funds starting July 21st. The tech giant advises Novi users […]

The post Tech Giant Meta To Shut Down Digital Wallet Experiment Novi, Says Metaverse Project Coming Next: Report appeared first on The Daily Hodl.

DeFi Protocol Built on Ethereum Explodes 125% in Hours As Centralized Finance Firms Struggle

DeFi Protocol Built on Ethereum Explodes 125% in Hours As Centralized Finance Firms Struggle

One altcoin that powers an Ethereum-based decentralized finance (DeFi) platform is defying broader market woes by rallying in a big way. Rari Governance (RGT) is the governance token of Rari Capital, a DeFi suite that allows participants to borrow, lend and earn yields on cryptocurrencies. Holders of RGT can take part in the protocol’s governance […]

The post DeFi Protocol Built on Ethereum Explodes 125% in Hours As Centralized Finance Firms Struggle appeared first on The Daily Hodl.

Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse

Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse

The trader known for calling the current crypto market downturn says that Ethereum and one of its biggest challengers are on the edge of another sizeable drop. The pseudonymous trader known as Capo tells his 429,000 Twitter followers that Cardano (ADA) has now touched a critical support level near $0.44 for the fifth time. Traditionally, […]

The post Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse appeared first on The Daily Hodl.

Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet

Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet

July 5, 2022 – Greenwich, Connecticut Spritz will enable its customers to seamlessly link their credit cards, mortgage, student loans and more monthly expenses directly to their crypto wallet and make payments in USDC on the Polygon Network. Spritz Finance, a Web 3.0 bill pay platform for decentralized finance (DeFi) users to easily pay their bills […]

The post Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet appeared first on The Daily Hodl.

Millennials ‘Enthusiastic’ About Crypto As Majority Say Stock Market Investing Is Too Risky: New Study

Millennials ‘Enthusiastic’ About Crypto As Majority Say Stock Market Investing Is Too Risky: New Study

A firm allowing clients to fund retirement accounts with crypto is revealing how millennials view the stock and digital assets markets. A new study by Alto surveyed 1,200 millennials aged 25-40 with at least $2,500 in investable assets and $35,000 in household income. The research finds millennials are enthusiastic about virtual assets as 39% of them […]

The post Millennials ‘Enthusiastic’ About Crypto As Majority Say Stock Market Investing Is Too Risky: New Study appeared first on The Daily Hodl.

Metaverse Summit To Accelerate Open Metaverse and Web 3.0 With International Leaders

Metaverse Summit To Accelerate Open Metaverse and Web 3.0 With International Leaders

July 5, 2022 – Paris, France Metaverse Summit has announced its official event dates for its 2022 Paris edition as of July 16-17, 2022. Metaverse Summit is an international convention that celebrates the metaverse’s technology and creativity. Metaverse Summit brings together leading metaverse entrepreneurs, builders, investors and experts to discuss and collaborate on the open […]

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