A closely followed crypto analyst says there is a good chance that Ethereum (ETH) may enter a final capitulation in the coming weeks. In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on a pattern of Ethereum bottoming out during the fourth quarter, he’s anticipating ETH drops to […]
The post High Probability Ethereum (ETH) Now ‘Heading Home,’ According to Analyst Benjamin Cowen – Here’s What He Means appeared first on The Daily Hodl.
A widely followed crypto analyst is issuing a warning to investors, saying that top altcoin Ethereum (ETH) might see a crash in December. In a new strategy session, prominent crypto trader Benjamin Cowen tells his 869,900 followers on the social media platform X that based on historical patterns, the second-largest digital asset by market cap […]
The post Top Analyst Issues Ethereum Alert, Says There’s a ‘Decent Chance’ ETH Crashes in December – Here Are His Targets appeared first on The Daily Hodl.
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
A cryptocurrency investor made a profit of $131.72 million by investing in Ether during the 2022 bear market and holding it through uncertain market conditions for two years.
Blockchain analytics firm Lookonchain identified an Ether (ETH) wallet address of an investor with diamond hands, showcasing the long-term losses associated with panic selling. Diamond hands refer to individuals who hold on to their investments amid market volatility and price fluctuations.
Source: Lookonchain
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.
According to United States Federal Reserve research, the rate of cryptocurrency ownership isn’t growing in tandem with the crypto market’s recent resurgence.
“Recent growth in the [crypto] market has not been accompanied by an increase in ownership in our survey population,” the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI) said in a Sept. 6 report.
The CFI collected data on cryptocurrency ownership through surveys between January 2022 and July 2024 using the price of Bitcoin (BTC) as a proxy to determine that the depths of crypto winter occurred in late 2022.
The co-founders of crypto analytics platform Glassnode predict a six-figure price tag for Bitcoin (BTC) by 2025. In a new thread, Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that the crypto king will skyrocket to $100,000 by next year. However, the […]
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A closely followed crypto analyst believes that top altcoin projects could soon surge toward higher prices based on one key metric. Jamie Coutts, the chief crypto analyst at Real Vision, says that “high quality” altcoins could be approaching a market bottom based on the top 200 equal weight index versus market cap ratio. The top […]
The post Opportunities Appearing for High-Quality Altcoins, According to Real Vision Analyst Jamie Coutts – Here’s Why appeared first on The Daily Hodl.
Macroeconomist Alex Krüger doesn’t think crypto is destined to wallow in a long bear market. In a new thread, Krüger tells his 179,000 followers on the social media platform X that digital assets are facing three possible historical scenarios after suddenly plunging in price over the weekend. The first scenario occurred in March 2020, when […]
The post Economist Alex Krüger Says Repeat of March 2020-Style Recovery Likely Underway – Here’s Why appeared first on The Daily Hodl.
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three years. Peter Schiff Warns of Sharp Decline […]
Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if the price drops drastically. Schiff maintains that bitcoin’s value proposition is flawed and anticipates a significant […]
Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think […]