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Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend

Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck TrendOver the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3% this week. Cryptocurrency Meltdown: Broad Losses […]

Bank of Japan keeps interest rates unchanged for third straight meeting

12-Month Crypto Gainers: Meme Coins Take 7 of Top 10 Spots

12-Month Crypto Gainers: Meme Coins Take 7 of Top 10 SpotsOver the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the top ten gainers in the past year have been meme coins, with the crypto assets TRUMP, WIF, BOME, BONK, MOG, and TURBO leading the charge. […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Trader Records 118,967% Return on a Solana Memecoin That’s Exploded Over 51x Year-to-Date: On-Chain Data

Trader Records 118,967% Return on a Solana Memecoin That’s Exploded Over 51x Year-to-Date: On-Chain Data

One trader is seeing seven-figure profits on a Solana (SOL)-based memecoin that is up 51x year-to-date, according to on-chain data. Blockchain tracking firm Lookonchain notes that one trader purchased dogwifhat (WIF) in December 2023 and has racked up a 118,967% gain by making a series of strategic sales as the memecoin soared. “Every time WIF […]

The post Trader Records 118,967% Return on a Solana Memecoin That’s Exploded Over 51x Year-to-Date: On-Chain Data appeared first on The Daily Hodl.

Bank of Japan keeps interest rates unchanged for third straight meeting

Trader Calls Memecoin One of Strongest Altcoins, Updates Outlook on Dogecoin and Three Other Crypto Assets

Trader Calls Memecoin One of Strongest Altcoins, Updates Outlook on Dogecoin and Three Other Crypto Assets

A widely followed crypto strategist says one Dogecoin (DOGE) challenger is way ahead of its fellow altcoins. Pseudonymous analyst Cred tells his 624,100 followers on the social media platform X that he’s bullish on the frog-themed memecoin Pepe (PEPE). According to the crypto strategist, PEPE is leading the altcoin pack in terms of market structure […]

The post Trader Calls Memecoin One of Strongest Altcoins, Updates Outlook on Dogecoin and Three Other Crypto Assets appeared first on The Daily Hodl.

Bank of Japan keeps interest rates unchanged for third straight meeting

This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%

This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit increases, with helium (HNT) emerging as the top performer with a 34.3% rise this week. Crypto […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Bitcoin’s range-bound action puts eyes on NEAR, AR, CORE and BONK

Bitcoin's range-bound price action could lead traders to focus on NEAR, AR, CORE and BONK.

Bitcoin (BTC) attempted to start a relief rally this week but met with intense selling pressure near $67,000. The largest cryptocurrency by market capitalization is on track to end the week with a minor loss of about 2%.

Popular trader and analyst Rekt Capital believes that Bitcoin has “entered the Post-Halving ‘Danger Zone’” where it could see a further dip within the next two weeks. Another negative in the near term is the net outflows from the spot Bitcoin exchange-traded funds. Farside Investors reported that the ETFs witnessed a net outflow of $218 million on April 25, after a $120 million outflow the previous day.

When the price trades in a large range, it is difficult to predict the direction of the breakout with certainty. Traders could buy near the support and sell at the resistance by keeping a suitable stop loss, or stay on the sidelines until a breakout happens.

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Bank of Japan keeps interest rates unchanged for third straight meeting

Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks

Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks

A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons. New retail wants to get rich […]

The post Crypto Analyst Says He’s Highly Bullish on Memecoins This Cycle – Here Are His Top Picks appeared first on The Daily Hodl.

Bank of Japan keeps interest rates unchanged for third straight meeting

Solana-Based Memecoin Erupts Over 90% in Days After Community Overwhelmingly Votes To Reduce Supply

Solana-Based Memecoin Erupts Over 90% in Days After Community Overwhelmingly Votes To Reduce Supply

A Solana-based (SOL) meme asset has nearly doubled up just days after its community overwhelmingly passed a resolution to burn its supply. In a new announcement on the social media platform X, the decentralized autonomous organization (DAO) for memecoin Bonk (BONK) says it has voted to reduce the token’s supply by billions. “The BONK DAO […]

The post Solana-Based Memecoin Erupts Over 90% in Days After Community Overwhelmingly Votes To Reduce Supply appeared first on The Daily Hodl.

Bank of Japan keeps interest rates unchanged for third straight meeting

Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%

Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%. Digital Currency Market Grows: 17 […]

Bank of Japan keeps interest rates unchanged for third straight meeting

Meme Coins Outperform Broader Crypto Market With Notable Gains

Meme Coins Outperform Broader Crypto Market With Notable GainsIn the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin sector is experiencing significant […]

Bank of Japan keeps interest rates unchanged for third straight meeting