Economist Henrik Zeberg is turning bullish on one Ethereum (ETH) rival while predicting a broader altcoin market breakout. Zeberg tells his 171,400 followers on the social media platform X that Solana (SOL) may be about to surge after a retracement. The analyst uses the Elliott Wave theory to forecast a massive run for Solana. The […]
The post Explosive Altcoin Season Incoming, Says Economist Henrik Zeberg, With Ethereum Rival Solana Headed for ‘Final Target’ appeared first on The Daily Hodl.
A closely followed crypto analyst believes top memecoin Dogecoin (DOGE) is gearing up to unleash another parabolic rally. Crypto strategist Ali Martinez tells his 103,200 followers on the social media platform X that Dogecoin may be following in the footsteps of its 2017 and 2021 market cycles when the memecoin ignited a meteoric ascent after […]
The post Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook appeared first on The Daily Hodl.
A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen. Pseudonymous analyst Rekt Capital tells his 523,400 followers on the social media platform X that Bitcoin is looking near-term bearish as it struggles to reclaim key support levels on the weekly […]
The post Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst appeared first on The Daily Hodl.
The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to engage in foreign trade and skirt Western sanctions. Reuters reports that the Russian government has recently taken legislative measures to legalize the mining of the crypto king and other crypto assets, helping firms find ways […]
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The CEO of digital assets-focused investment firm Pantera Capital is predicting that the crypto market’s bull cycle will peak in 2025. In a new interview on the Bankless podcast, Dan Morehead says that Bitcoin’s (BTC) price patterns continue to be based on the four-year halving cycle. A Bitcoin halving event is when miners’ block rewards […]
The post Everything Setting Up for Crypto Bull Market Top in 2025, Says Pantera Capital’s CEO – Here’s His Timeline appeared first on The Daily Hodl.
A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin (BTC) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges. “The […]
The post Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch appeared first on The Daily Hodl.
Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet.
Canadian real-world asset tokenization firm Matador Technologies has become the latest company to incorporate Bitcoin into its treasury.
The firm said on Dec. 23 that its board of directors unanimously approved adding Bitcoin (BTC) and “USD-denominated assets” to its balance sheet as part of what it called a “long-term capital preservation strategy.”
Matador said it had identified risks associated with its current treasury primarily denominated in Canadian dollars.
Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages. According to a new report from the state-controlled TASS, the complete ban will affect regions including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, and the recently annexed […]
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A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin. “If you look at the short-term bubble risk, which is also just […]
The post Bitcoin (BTC) May Be Due for Significant Correction As Technical Indicators Overextend: Benjamin Cowen appeared first on The Daily Hodl.
The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.07 million, and […]
The post El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000 appeared first on The Daily Hodl.
