Largest XRP Whale Holdings of XRP Ledger Native Token Reach New Record High of $29,561,070,000: Sentiment

July 20, 2024 The Daily Hodl

Largest XRP Whale Holdings of XRP Ledger Native Token Reach New Record High of ,561,070,000: Sentiment

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Deep-pocketed holders of the XRP Ledger (XRPL) native token are rapidly accumulating the digital asset, according to blockchain analytics platform Santiment. Santiment says that whales and sharks have been aggressively adding more XRP to their holdings during the past 11 months, reaching a record high of 51.59 billion tokens worth more than $29 billion. “XRP […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ethereum, Dogecoin and Five Additional Altcoins Flashing Short-Term Bullish Signal, According to Santiment

July 8, 2024 The Daily Hodl

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Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week’s correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory. The MVRV is the ratio of […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Price analysis 6/17: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

June 17, 2024 Coin Telegraph

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Bitcoin is facing intense selling pressure, but charts suggest strong support at $64,500 and again at $60,000.

The S&P 500 Index (SPX) has been trading near its all-time high, but Bitcoin (BTC) has gradually given up ground in the past few days. This suggests that supply exceeds demand in Bitcoin. According to Farside Investors data, spot Bitcoin exchange-traded funds have seen outflows for four of the five days since June 10.

However, analysts point out that long-term investors have not panicked and continue buying. Market intelligence firm Santiment shows that the number of wallets with 10 BTC or more has hit 16.6 million, the highest level since June 2022.

Although Bitcoin looks weak in the near term, it remains stuck inside a range and is likely to witness buying at the support. The longer the time spent in a range, the greater the force needed for the price to break out from it.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Cardano About To Witness ‘Most Significant Milestone’ As It Gears Up for Chang Hard Fork: Charles Hoskinson

June 11, 2024 The Daily Hodl

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Cardano (ADA) co-founder Charles Hoskinson is outlining the timeline for the layer-1 blockchain’s Voltaire phase, the fifth stage of the 11th-largest crypto asset’s roadmap. Hoskinson says that a new Cardano node which will usher in two Chang upgrades is ready for deployment. The first Chang upgrade, Chang Upgrade 1, will introduce governance features on Cardano […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

June 10, 2024 Coin Telegraph

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Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week.

Two macroeconomic events could boost Bitcoin’s (BTC) volatility this week. The Federal Reserve’s press conference following the rate decision and the Consumer Price Index (CPI) data, both due on June 12, could help Bitcoin break out from its tight range.

Investors anticipate the breakout to the upside, which could explain the solid buying last week. CoinShares weekly fund flows report on June 10 shows more than $2 billion in inflows into digital asset investment products. That increased the digital investment product’s five-week total inflows to $4.3 billion.

Bitcoin ETFs acquired 25,729 Bitcoin between June 3 and 7, a tad lower than the 29,592 Bitcoin bought in May. The purchase in the first week of June was equivalent to roughly two months’ worth of mining supply, showing demand overtaking supply.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Cardano, Shiba Inu and One Ethereum-Based Altcoin Witness ‘Exploding’ Whale Activity, Says Santiment

June 8, 2024 The Daily Hodl

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A handful of crypto assets have been witnessing “exploding” whale activity amid an uptick in digital asset prices this week, according to the analytics firm Santiment. Santiment notes on the social media platform X that the smart contract platform Cardano (ADA), the memecoin Shiba Inu (SHIB) and the Internet of Things (IoT) project Jasmy (JASMY) […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid $2,000,000,000 Monthly Inflows: CoinShares

June 3, 2024 The Daily Hodl

Ethereum Sees Sentiment Reversal Among Institutional Investors Amid ,000,000,000 Monthly Inflows: CoinShares

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Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week. “Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US $2 […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment

June 1, 2024 The Daily Hodl

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New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking […]

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Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals

May 17, 2024 Bitcoin.com

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Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH as Altcoins […]

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

‘Just a Bunch of Noise and Garbage’: Cardano Creator Blasts Biden’s Stance on Planned Repeal of SEC Custody Law

May 9, 2024 The Daily Hodl

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The creator of smart contract platform Cardano (ADA) is calling out President Joe Biden’s stance on a planned resolution that would enfeeble the U.S. Securities and Exchange Commission (SEC). In a new video update, Charles Hoskinson tells his 315,000 YouTube subscribers that Biden saying he would veto H.J. Resolution 109 if passed is “just a […]

The post ‘Just a Bunch of Noise and Garbage’: Cardano Creator Blasts Biden’s Stance on Planned Repeal of SEC Custody Law appeared first on The Daily Hodl.

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