Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one Solana (SOL) competitor while offering his analysis on XRP and Chainlink (LINK). Starting with Sei (SEI), Van de Poppe tells his 759,100 followers on the social media platform X that the Solana rival is “looking juicy” at the current level. According to […]
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A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason. Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76. “Dogecoin could rally by another 6,770% if […]
The post Dogecoin Could Rally by 6,770%, According to Crypto Analyst – Here’s What Needs To Happen appeared first on The Daily Hodl.
A widely followed cryptocurrency trader says a top utility altcoin may be ready to rise. The analyst pseudonymously known as Bluntz tells his 305,200 followers on social media platform X that the decentralized oracle project Chainlink (LINK) is forming a bullish reversal pattern on the hourly chart, reminiscent of a Bitcoin move in 2019 when […]
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A whale has been spotted aggressively accumulating LINK, the native token of the decentralized oracle network Chainlink, according to blockchain tracking firm Lookonchain. Lookonchain reports that a whale suddenly created 30 new wallets to accumulate $34.1 million worth of LINK tokens from Binance. “Suspicious LINK accumulation spotted! Over the past 5 days, 30 newly created […]
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Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Bitcoin (BTC) bulls are trying to start a Santa Claus rally by pushing the price back above the psychological level of $100,000, but higher levels may attract sellers. Bitcoin has gained nearly 2% in December, but it will have to do more work to catch up with the previous year’s 12.18% rise in December, per CoinGlass data.
CryptoQuant contributor Joo Hyun Ryu said in a Quicktake blog post that Bitcoin demand has increased from speculative short-term holders (STH) and Korean investors. The share of STH increased by 3% within a week, and the “Kimchi Premium,” the aggregate difference in price between South Korean exchanges and others, reached a local high of 5.12.
Crypto market data daily view. Source: Coin360
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
Aave is mulling integrating a new Chainlink oracle designed to redirect profits from transaction frontrunning to the decentralized finance (DeFi) protocol’s users, according to a proposal in Aave’s governance forum.
On Dec. 23, decentralized oracle provider Chainlink released Smart Value Recapture (SVR), an oracle service specializing in capturing profits from maximum extractable value (MEV) to benefit DeFi protocols.
The same day, Aave proposed integrating SVR “to recapture MEV from Aave liquidations and return it to the Aave ecosystem.”
Bitcoin’s pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
Bitcoin (BTC) has pulled back after making a new all-time high above $108,000 on Dec. 17, indicating that the bears have not given up and are selling on rallies. BitMEX co-founder Arthur Hayes wrote in his “Trump Truth” blog post that the crypto markets are likely to dump following United States President-elect Donald Trump’s inauguration in January 2025. Hayes said that selling will occur after market participants realize that any crypto policy changes will take about a year to enact.
In contrast, Bitfinex analysts expect the dips in Bitcoin’s uptrend to be short-lived in 2025 due to institutional demand. They estimate Bitcoin to reach $145,000 by mid-2025 and potentially stretch to “$200,000 under favorable conditions.”
Crypto market data daily view. Source: Coin360
A widely followed crypto trader says one decentralized oracle service project may one day overtake its rival Chainlink (LINK). In a new video update, Guy Turner, the host of CoinBureau, tells his 2.57 million YouTube subscribers that the market cap for Pyth Network (PYTH) may eventually soar due to its potential to generate massive fee […]
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A veteran crypto trader says that one digital assets sector is about to pull off an under-the-radar repeat of its 2021 rallies. The pseudonymous trader known as Bluntz tells his 304,000 followers on the social media platform X that the decentralized finance (DeFi) sector is “de-risked” following news that the crypto project linked to President-elect […]
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Bitcoin bulls are attempting to push BTC price above teh $104,088 all-time high, and charts suggest ETH, LINK, AAVE and BGB will be the first to breakout.
Bitcoin (BTC) recovered sharply from the weekly lows and is charging toward the all-time high of $104,088. VanEck expects the cryptocurrency bull market to hit its first peak in the first quarter of 2025. After that, the asset manager anticipates a 30% pullback in Bitcoin and a sharper retracement of up to 60% in altcoins. The recovery is expected to begin in fall, with “major tokens regaining momentum and reclaiming previous all-time highs by the end of the year.”
Another bullish voice was that of Bitcoin mining industry researcher Danny Marques, who studied Bitcoin’s three previous bull cycles. Marques believes that Bitcoin could reach between $173,646 and $461,135 in 2025, barring any macro deterioration like 2020.
Crypto market data daily view. Source: Coin360
