The Daily Hodl

A group of Bank of America customers are joining together to sue the US financial giant. A proposed class action lawsuit alleges BofA promised to hand a trove of reward points to new credit card customers, as long as they spent $3,000 within 90 days. But according to plaintiff Jean-Baptiste Boyer-Gomez, the bank has routinely […]

The post Bank of America Sued for Allegedly Short-Changing Customers With ‘Bait and Switch’ Credit Card Tactics appeared first on The Daily Hodl.

A closely followed crypto analyst says the $425 billion resistance level for the altcoin market cap may soon be broken. In a new strategy session, crypto trader Rekt Capital tells his 535,600 followers on the social media platform X that the OTHERS chart, which depicts the total crypto market cap excluding the top ten coins, […]

The post Trader Says $425,000,000,000 Altcoin Market Cap Likely To Be Broken, Updates Outlook on Bitcoin appeared first on The Daily Hodl.

A rival of top altcoin Ethereum (ETH) is seeing a rise in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will be adding support for Berachain (BERA), an Ethereum Virtual Machine (EVM)-identical layer-1 blockchain that uses a proof-of-liquidity (PoL) consensus mechanism. […]

The post New Ethereum (ETH) Rival Berachain (BERA) Awakens Following Shock Binance Listing appeared first on The Daily Hodl.

Analyst and trader Michaël van de Poppe is leaning bullish on altcoins amid a crypto market correction that resulted in digital assets worth billions of dollars getting liquidated earlier this week. Van de Poppe tells his 771,900 followers on the social media platform X that 2025 will be a “big expansive year” and the market […]

The post Total Altcoin Market Cap Could Jump to $2,800,000,000,000, Says Michaël van de Poppe – Here’s the Timeline appeared first on The Daily Hodl.

The co-founders of market intelligence firm Glassnode are identifying one nascent crypto sector that looks particularly strong while updating their outlook on Bitcoin (BTC). In a new thread on the social media platform X, Jan Happel and Yann Alleman – who go by the handle Negentropic – say that real world asset tokenization protocols such […]

The post Glassnode Co-Founders Say One ‘Fundamentally Strong’ Crypto Sector Looks Promising, Updates Outlook on Bitcoin appeared first on The Daily Hodl.

The U.S. Securities and Exchange Commission (SEC) is reportedly downsizing a special unit of more than 50 lawyers and staff members tasked to bring crypto enforcement actions. Citing five people familiar with the matter, The New York Times reports that a leading lawyer in the unit was pulled out from the enforcement division and some […]

The post SEC Officials Instructed to Shrink Cryptocurrency Enforcement Team: Report appeared first on The Daily Hodl.

The largest corporate holder of Bitcoin (BTC) is trying a new name as reports of a year of losses begin to surface. Yesterday afternoon, Michael Saylor’s MicroStrategy announced a rebrand to simply “Strategy”. According to the announcement, the new name and logo will focus on reaching a wider audience as the company hopes to have […]

The post MicroStrategy Rebrands As the Corporate Bitcoin (BTC) Whale Posts Fourth Consecutive Quarterly Losses: Report appeared first on The Daily Hodl.

A closely followed crypto analyst is warning that the crypto market may not be done correcting based on one key metric. In a new thread on the social media platform X, crypto trader Justin Bennett tells his 115,900 followers that the Tether dominance chart (USDT.D) is flashing bearish for Bitcoin (BTC) and other digital assets. […]

The post Analyst Justin Bennett Says Crypto Market at Pivotal Levels, Warns Caution Is Needed – Here’s His Outlook appeared first on The Daily Hodl.

Tether CEO Paolo Ardoino just unveiled some of the artificial intelligence (AI) products that the stablecoin company is currently working on. In a statement on social media platform X, Ardoino says that Tether Data, the USDT issuer’s new initiative focused on AI and peer-to-peer (P2P) technologies, is building new applications, which include AI translate, AI […]

The post Tether CEO Paolo Ardoino Says Firm Working on Several AI Products, Including Bitcoin Wallet Assistant appeared first on The Daily Hodl.

The widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) could slide further against Bitcoin (BTC). In a new video, Cowen tells his 866,000 YouTube subscribers that Ethereum could continue falling against Bitcoin if the US monetary policy remains restrictive. “This cycle Ethereum has had plenty of narratives – the transition from proof […]

The post Benjamin Cowen Warns Ethereum Could Continue Bleeding Against Bitcoin, Says One Factor To Determine Bottom appeared first on The Daily Hodl.