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Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months

Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months

A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months. In a new strategy session, crypto trader Altcoin Sherpa tells his 224,300 followers on the social media platform X that key metrics […]

The post Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months appeared first on The Daily Hodl.

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Solana Rival That’s Exploded Over 130% in a Month Primed To Hit New All-Time High, According to Analyst

Solana Rival That’s Exploded Over 130% in a Month Primed To Hit New All-Time High, According to Analyst

A widely followed crypto analyst believes that one red-hot Solana (SOL) rival may soon print new all-time highs (ATHs). Crypto trader Michaël van de Poppe tells his 729,500 followers on the social media platform X that Sui (SUI) could soar more than 23% from its current value. “Sometimes you’ll need to remain patient. Shared this […]

The post Solana Rival That’s Exploded Over 130% in a Month Primed To Hit New All-Time High, According to Analyst appeared first on The Daily Hodl.

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Trader Issues Bitcoin Alert, Says BTC Will Nuke if Critical Support Zone Crumbles – Here Are His Targets

Trader Issues Bitcoin Alert, Says BTC Will Nuke if Critical Support Zone Crumbles – Here Are His Targets

A closely followed crypto strategist is issuing a warning about Bitcoin (BTC) after the flagship digital asset dipped below the $60,000 range on Thursday. Pseudonymous analyst Credible Crypto tells his 424,500 followers on the social media platform X that Bitcoin needs to hold $58,000 as support to avoid plummeting much further. “All the people screaming […]

The post Trader Issues Bitcoin Alert, Says BTC Will Nuke if Critical Support Zone Crumbles – Here Are His Targets appeared first on The Daily Hodl.

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Bitcoin to have ‘crazy decade’ as global wealth managers dive in

Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference. 

While some investors may see Bitcoin’s current prices as a peak for the asset, industry professionals say that the crypto asset will continue to surprise investors as more global wealth managers allocate funds to BTC.  

In an interview with Cointelegraph managing editor Gareth Jenkinson, Pierre Rochard, the vice president of research at Riot Platforms, and Dylan LeClaire, the director of Bitcoin Strategy at Metaplanet, shared their thoughts on what lies ahead for Bitcoin (BTC). 

Speaking to Cointelegraph at the Bitcoin Amsterdam 2024 conference, Rochard said there’s a misleading narrative that Bitcoin gains are in the past. The executive said that from a global wealth balance sheet perspective, Bitcoin adoption is “still less than 1%.” He explained: 

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Bitcoin Primed To Explode by Over 120%, According to Veteran Trader Peter Brandt – Here’s the Timeline

Bitcoin Primed To Explode by Over 120%, According to Veteran Trader Peter Brandt – Here’s the Timeline

Seasoned trader Peter Brandt is leaning bullish on Bitcoin (BTC) as the flagship crypto asset lingers around 17% below the all-time high. Brandt tells his 741,800 followers on the social media platform X that his price target for Bitcoin is $135,000, a level he sees being reached in either August or September of 2025. According […]

The post Bitcoin Primed To Explode by Over 120%, According to Veteran Trader Peter Brandt – Here’s the Timeline appeared first on The Daily Hodl.

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Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges

Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market ChallengesAccording to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead of Difficulty Adjustment Following a decline in […]

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Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s

Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/sBitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific integrated circuit (ASIC) producing giant, Bitmain, has debuted its […]

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Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report

Nearly 50% of Traditional Hedge Funds Now Exposed to Crypto Assets Amid Growing Regulatory Clarity: Report

New data shows that nearly half of all traditional hedge funds are now reportedly exposed to crypto assets as regulations start to become more clear. According to a new report by Bloomberg, a recent survey revealed that 47% of hedge funds in traditional markets had exposure to crypto assets, up from 29% in 2023 and […]

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