A leading crypto analytics platform reveals that more than half of Bitcoin (BTC) owners are in profit while an overwhelming majority of those who invested in Cardano (ADA) and Avalanche (AVAX) are nursing losses. New data from IntoTheBlock shows that 62% of Bitcoin holders are seeing gains in their investments while 38% are sitting on […]
The post Most Bitcoin Holders in Profit As Over 90% of Cardano and Avalanche Investors Sit Underwater: IntoTheBlock appeared first on The Daily Hodl.
Ethereum (ETH) competitor Avalanche (AVAX) achieved a new milestone by surpassing one million monthly active addresses in May, the first time the proof of stake blockchain has hit the number. Citing crypto data analytics platform Artemis, The Avalanche Snow Report says that the network broke its previous all-time high record of 840,000 monthly active addresses […]
The post Ethereum Challenger Avalanche (AVAX) Exceeds 1,000,000 Monthly Active Addresses Amid Rollout of Web3 Launchpad appeared first on The Daily Hodl.
A crypto strategist who nailed the 2018 Bitcoin (BTC) price floor is predicting a bounce for the crypto king similar to what happened about four years ago. Pseudonymous analyst Bluntz tells his 223,000 Twitter followers that Bitcoin appears to be gearing up for a rally toward $29,000. According to the top trader, Bitcoin’s current market […]
The post Analyst Known for Calling Bottoms Predicts 2019-Style Bounce for Bitcoin (BTC) – But There’s a Big Catch appeared first on The Daily Hodl.
A widely followed crypto strategist is predicting what’s next for a handful of altcoins, including Pepe (PEPE), Chainlink (LINK) and Avalanche (AVAX). Analyst Michaël van de Poppe tells his 657,100 Twitter followers that crypto bears are still in control of the memecoin Pepe. Van de Poppe says that Pepe’s downtrend will likely persist unless bulls […]
The post Here’s What’s in Store for Pepe, Chainlink, Avalanche and One Additional Altcoin, According to Popular Analyst appeared first on The Daily Hodl.
Digital assets manager CoinShares says institutional investors continue to be cautious on the market as crypto suffers outflows for the fifth week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $32 million in crypto holdings last week for a fifth consecutive week of outflows. “Digital asset […]
The post Institutions Sell Crypto Holdings for Fifth Consecutive Week – But XRP, Litecoin and One More Altcoin See Inflows appeared first on The Daily Hodl.
A crypto strategist is outlining what’s in store for a handful of altcoins, including Ethereum (ETH) rival Avalanche (AVAX) and memecoin Pepe (PEPE). Analyst Michaël van de Poppe tells his 657,200 Twitter followers that he’s looking at a quick AVAX bounce either at $14 or $12. However, Van de Poppe says that the bounce will […]
The post Here’s What’s Next for Avalanche, Pepe and Two Additional Altcoins, According to Popular Analyst appeared first on The Daily Hodl.
A popular crypto strategist warns that altcoins could be on the verge of a big move to the downside as he updates his outlook on Pepe (PEPE) and Avalanche (AVAX). Pseudonymous analyst Altcoin Sherpa tells his 195,100 Twitter followers that altcoins could drop as much as 50% from their current prices. However, he says that […]
The post Crypto Analyst Issues Major Altcoin Alert, Updates Outlook on Pepe and Ethereum Rival Avalanche appeared first on The Daily Hodl.
Popular crypto analyst Benjamin Cowen thinks the “altcoin reckoning” against Bitcoin (BTC) is bound to continue. In a new YouTube video, Cowen tells his 784,000 YouTube subscribers that a lot of altcoins are in “systematic downtrends” against Bitcoin and will also put in new lows against the US dollar this year. “Solana/Bitcoin, this is a […]
The post Solana, Polygon, Avalanche and Others Will Bleed Against Bitcoin in Massive ‘Altcoin Reckoning’: Benjamin Cowen appeared first on The Daily Hodl.
Chinese tech giant Alibaba Cloud is collaborating with Ethereum (ETH) rival Avalanche (AVAX) to venture into the metaverse. In a new announcement, the layer-1 protocol says that it is partnering up with Alibaba Cloud to create Cloudverse, a virtual space for businesses and brands. “Alibaba Cloud announced that they are entering the metaverse – on […]
The post Ethereum Competitor Avalanche (AVAX) Partners With Chinese Tech Giant Alibaba Cloud on New ‘Cloudverse’ Project appeared first on The Daily Hodl.
Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a price floor on Tuesday. Polkadot (DOT) Polkadot (DOT) was down for a […]