The chief executive of a prominent analytics firm is suddenly turning bearish on Bitcoin, saying BTC has hit a major cycle top. CryptoQuant CEO Ki Young Ju tells his 417,200 followers on the social media platform X that on-chain data suggests that Bitcoin will not print new highs for at least half a year. The […]
The post ‘Bull Cycle Is Over’ – CryptoQuant CEO Abruptly Flips Stance on Bitcoin, Warns BTC Could Be Bearish for One Year appeared first on The Daily Hodl.
Macro investor and fund manager Dan Tapiero says he remains long-term bullish on Bitcoin (BTC) amid a correction that has seen the flagship crypto asset fall by around 24% from the all-time high recorded in January. In a new interview on the Wolf of All Streets YouTube channel, Tapiero says that Bitcoin could appreciate by […]
The post Bitcoin Will Rally to $180,000 As Investors Become Despondent, Says Venture Capitalist Dan Tapiero – Here’s When appeared first on The Daily Hodl.
South Korea’s central bank reportedly has no plans to include Bitcoin (BTC) in its foreign exchange reserves. The Bank of Korea said “a cautious approach is needed” when it comes to Bitcoin, citing the top crypto asset’s price volatility, per a new report from The Korea Herald, a South Korean news outlet. “In the case […]
The post Bank of Korea Rejects Bitcoin As Foreign Reserve Asset, Citing Instability and Other Factors: Report appeared first on The Daily Hodl.
A crypto whale with a history of profitable trades has managed to come out on top after opening a massive short position on Bitcoin (BTC). Blockchain analytics firm Lookonchain says a deep-pocketed trader built a 3,940 BTC short position worth $332 million by ramping up leverage to 40x. Short-selling is the act of borrowing an […]
The post Crypto Whale Opens $332,000,000 Bitcoin Short Position, Sees Profits Even After Getting Hunted: On-Chain Data appeared first on The Daily Hodl.
A popular crypto analyst is warning that Bitcoin (BTC) may be repeating a similar 2019 bearish pattern for one key reason. In a new YouTube video, Benjamin Cowen tells his 887,000 subscribers that a historic correlation between Bitcoin and Fed monetary policy suggests the flagship crypto asset may struggle to reclaim the bull market support […]
The post 2019 Bear Market Coming Back To Haunt Bitcoin, According to Benjamin Cowen – Here’s What He Means appeared first on The Daily Hodl.
A crypto strategist who nailed Bitcoin’s 2022 bear market bottom says two things must happen for BTC to regain strong bullish momentum. In a strategy session, pseudonymous analyst DonAlt tells his 66,100 YouTube subscribers that Bitcoin bulls must reclaim a key price area as support to rein in the selling pressure. He also says that […]
The post Analyst Unveils Two Conditions That Could Trigger ‘Surprisingly’ Strong Bitcoin (BTC) Price Action appeared first on The Daily Hodl.
A widely followed crypto analyst is predicting higher prices for crypto assets as he expects the Federal Reserve to end its anti-inflation monetary policies. In a new thread, the pseudonymous crypto analyst Pentoshi tells his 861,300 followers on the social media platform X that we are close to seeing the end of quantitative tightening (QT), […]
The post Trader Predicts Crypto Rallies Amid Expectations of Fed Monetary Policy Shift – But There’s a Catch appeared first on The Daily Hodl.
Crypto asset management giant CoinShares says institutional investors pulled billions of dollars out of crypto last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products are enduring their worst run of investor outflows in a decade. “Digital asset investment products saw a 5th consecutive week of outflows, totaling US$1.7bn, bringing […]
The post Institutional Crypto Products See $1,700,000,000 in Outflows Amid Worst Streak Since 2015: CoinShares appeared first on The Daily Hodl.
A closely followed analyst believes Bitcoin (BTC) and altcoins are about to ignite massive rallies and leave paper-handed investors on the sidelines. Pseudonymous analyst TechDev tells his 516,300 followers on the social media platform X that Bitcoin and altcoins appear to be flashing a technical setup that preceded steep rallies during the 2017 and 2021 […]
The post Crypto Analyst Predicts Rapid Rallies for Bitcoin, Says Stage Is Set for Altcoins To Dominate BTC appeared first on The Daily Hodl.
A new survey commissioned by crypto asset manager Grayscale Investments shows that deep-pocketed investors are leading the adoption of cryptocurrency in the US. In a research conducted in three waves between November 2023 and September 2024, analytics firm The Harris Poll surveyed 5,368 individuals who planned to vote in the 2024 presidential election. The results […]
The post Wealthy Americans Spearheading Crypto Adoption in US, According to Digital Asset Giant Grayscale appeared first on The Daily Hodl.
