A crypto whale recently lost more than $4.5 million attempting to long Ethereum (ETH) twice, according to the digital asset tracker Lookonchain. Lookonchain notes the whale lost $500,000 on their first attempt to long the top smart contract platform, then lost a lot more on their second try. “This whale sold all 10,701 ETH ($33 […]
The post Crypto Whale Loses $4,500,000 Attempting To Leverage Long Ethereum (ETH) Twice: Lookonchain appeared first on The Daily Hodl.
Widely followed analyst Nicholas Merten is offering his forecast on four crypto assets amid an industry-wide market rally. Starting with payments-focused blockchain network Stellar (XLM), Merten tells the 510,000 YouTube subscribers of the DataDash channel that the XRP rival is sitting at a “typical discount range”. According to Merten, XLM could appreciate by around 200% […]
The post Analyst Nicholas Merten Says XRP Competitor Could Go Up by 200%, Updates Outlook on Aave, Compound and Uniswap appeared first on The Daily Hodl.
A slew of decentralized finance (DeFi) projects skyrocketed this past week, outperforming Bitcoin’s (BTC) already-bullish price action. Several of the surging DeFi altcoins started to retrace on Monday, however. Aave (AAVE), a lending and borrowing DeFi protocol, is up over 27% in the past seven days but down by nearly 1.6% in the past 24 […]
The post DeFi Breaks Out As AAVE, Compound (COMP), Kava and More Outperform Bitcoin (BTC) appeared first on The Daily Hodl.
One of the largest Ethereum (ETH) whales in existence is turning heads, shifting over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction. Blockchain-tracking service Etherscan shows that a crypto whale relocated 258,837,671,569 SHIB worth over $2.64 million to Shiba Inu’s smart contract where the tokens could be burned or used […]
The post Ethereum Whale Moves 258,837,671,569 Shiba Inu (SHIB) in One Massive Transaction: On-Chain Data appeared first on The Daily Hodl.
A crypto whale who masterfully traded Ethereum (ETH) to the tune of $36 million in profit last year is once again in accumulation mode. According to the on-chain analytics firm Looksonchain, the whale appears to be a smart money institution that bought ETH at the bottom and sold it at the top in 2022. This […]
The post Whale Who Netted $36,000,000 By Masterfully Trading Ethereum Is Now Accumulating Three ETH-Based Crypto Assets: Looksonchain appeared first on The Daily Hodl.
One of the largest Ethereum (ETH) whales on earth is snapping up hundreds of millions of dollars worth of the top Dogecoin (DOGE) rival Shiba Inu (SHIB). Blockchain-tracking service Etherscan shows that a large crypto whale loaded up 118,058,494,947 SHIB worth $1.34 million in the past day. After this latest transaction, the deep-pocketed investor now […]
The post Massive Crypto Whale Accumulates 19,801,902,912,350 Shiba Inu (SHIB) and Four Ethereum-Based Altcoins appeared first on The Daily Hodl.
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]
Amid the ongoing crypto winter, digital asset management giant Grayscale’s decentralized finance (DeFi) investment product has started trading on the financial market OTC Markets. The Grayscale DeFi Fund currently gives customers exposure to the decentralized exchanges Uniswap (UNI) and Curve (CRV), the decentralized lending platforms Aave (AAVE) and Compound (COMP), and Maker (MKR), a governance […]
The post Digital Asset Giant Grayscale’s DeFi Investment Product Starts Trading on OTC Markets Amid Crypto Bear Market appeared first on The Daily Hodl.
A popular crypto trader says that the native asset of the lending and borrowing platform Aave (AAVE) may surge to around $300 by the second quarter of 2023. Altcoin Sherpa tells his 182,700 Twitter followers that buying AAVE as it trades sideways could be an absolute steal given the huge upside potential. “AAVE: Eventually this […]
The post Crypto Trader Says One DeFi Altcoin Is an ‘Absolute Steal’, Updates Outlook on Compound and Axie Infinity appeared first on The Daily Hodl.
Decentralized lending platform Compound has launched a new “streamlined” version of its protocol called “Compound III.” With the update, Compound (COMP), an algorithmic, autonomous interest rate protocol, is moving away from a pooled-risk model where users can borrow any asset, according to a new blog post from Robert Leshner, the founder of Compound Finance. Explains […]
The post DeFi Lending Platform Compound (COMP) Launches New ‘Streamlined’ Protocol Upgrade appeared first on The Daily Hodl.
