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Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High

Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week HighAvalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning NetworkMembers of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Analyst Known for Calling Bitcoin Bottoms Updates Outlook, Says Ethereum, Aave and One ETH Rival Set to Rally

Analyst Known for Calling Bitcoin Bottoms Updates Outlook, Says Ethereum, Aave and One ETH Rival Set to Rally

A crypto strategist who correctly called Bitcoin’s 2018 bottom says the floor for the BTC bear market is already in. Pseudonymous analyst Smart Contracter tells his 281,500 Twitter followers that Bitcoin has managed to take out two diagonal resistances that have kept BTC in a downtrend for over a year. “This weekly BTC candle is […]

The post Analyst Known for Calling Bitcoin Bottoms Updates Outlook, Says Ethereum, Aave and One ETH Rival Set to Rally appeared first on The Daily Hodl.

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Top Trader Abruptly Reverses Stance on Bitcoin, Details Bullish Outlook on BTC and One Ethereum Challenger

Top Trader Abruptly Reverses Stance on Bitcoin, Details Bullish Outlook on BTC and One Ethereum Challenger

A popular analyst and trader who accurately predicted Bitcoin’s (BTC) 2018 bottom six months ahead of time appears to be transforming into a bull. The pseudonymous analyst Smart Contracter tells his 218,100 Twitter followers that he’s dropping his bearish bias after Bitcoin broke out of an upper range. He’s now looking for opportunities to enter […]

The post Top Trader Abruptly Reverses Stance on Bitcoin, Details Bullish Outlook on BTC and One Ethereum Challenger appeared first on The Daily Hodl.

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High

Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month HighAvalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high. Avalanche (AVAX) Avalanche (AVAX) rose by as […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Dogecoin (DOGE) One of the Worst Performers Among Large-Cap Coins So Far This Year – Here Are the Top Gainers

Dogecoin (DOGE) One of the Worst Performers Among Large-Cap Coins So Far This Year – Here Are the Top Gainers

The broader crypto markets are starting the year on a high note, but top meme coin Dogecoin (DOGE) has yet to make a major move to the upside. One of the best performing large-cap altcoins to start the year is Lido DAO (LDO). The liquid staking protocol opened 2023 at $0.959 and has surged to […]

The post Dogecoin (DOGE) One of the Worst Performers Among Large-Cap Coins So Far This Year – Here Are the Top Gainers appeared first on The Daily Hodl.

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain InvestigationAccording to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Top Crypto Analyst Issues Bearish Warning, Says Avalanche and One Mid-Cap Altcoin Could Crash by Over 70%

Top Crypto Analyst Issues Bearish Warning, Says Avalanche and One Mid-Cap Altcoin Could Crash by Over 70%

A popular cryptocurrency analyst and trader is expressing a bearish outlook on two under-the-radar altcoins. Starting with smart contract platform Avalanche (AVAX), the pseudonymous analyst and trader Capo tells his 695,000 Twitter followers that the altcoin could lose over 70% of its value as he says the present support level of around $10 appears likely […]

The post Top Crypto Analyst Issues Bearish Warning, Says Avalanche and One Mid-Cap Altcoin Could Crash by Over 70% appeared first on The Daily Hodl.

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Analyst Details 2023 Price Targets for XRP, Dogecoin, Avalanche and Seven Additional Crypto Assets

Analyst Details 2023 Price Targets for XRP, Dogecoin, Avalanche and Seven Additional Crypto Assets

A popular crypto strategist believes that a number of altcoins including XRP, Dogecoin (DOGE) and Avalanche (AVAX) will trade significantly higher in the next 12 months. Pseudonymous analyst Altcoin Sherpa tells his 187,700 Twitter followers that he thinks the macro backdrop will likely improve by December 2023, which could set up rallies for many altcoins. […]

The post Analyst Details 2023 Price Targets for XRP, Dogecoin, Avalanche and Seven Additional Crypto Assets appeared first on The Daily Hodl.

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits