A widely followed crypto analyst is issuing a warning on Bitcoin (BTC), saying that it could dip further if bulls lose momentum. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that the flagship digital asset could fall all the way back down to $85,000 if BTC […]
The post Analyst Justin Bennett Issues Bitcoin Alert, Says BTC Headed Lower if Bulls Lose Momentum – Here’s His Target appeared first on The Daily Hodl.
Nearly a third of young voters in the US are using cryptocurrencies, according to a new national poll. An Emerson College Polling Center national survey conducted this month indicates that out of all US registered voters, those under the age of 40 use cryptocurrencies the most. The survey also finds that usage of digital assets […]
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Leading blockchain data analysis firm Chainalysis says hackers stole over $2 billion from crypto platforms this year. Even more alarming, according to the Chainalysis report, stolen funds saw more than a 20% increase from 2023. “Crypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars […]
The post Crypto Platforms Suffered $2,200,000,000 in Losses From Hacks in 2024 – But There’s a Catch: Chainalysis appeared first on The Daily Hodl.
Germany-headquartered Deutsche Bank is reportedly developing a solution for the regulatory challenges that financial institutions face when using public blockchains. Bloomberg reports that the global investment bank is building a layer-2 blockchain for leading smart contract platform Ethereum (ETH) to address regulatory concerns of financial firms such as inadvertently dealing with criminals and sanctioned entities. […]
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Crypto veteran Arthur Hayes thinks the digital asset market will endure a “harrowing” crash next month. The BitMEX co-founder says in a new analysis that longstanding economic issues will make it “almost impossible” for US President-elect Donald Trump to retain control of both legislative chambers in 2026, meaning he doesn’t have much time to accomplish […]
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U.S. Senator foresees 2025 as a pivotal year for cryptocurrency, highlighting plans for a strategic bitcoin reserve and sweeping pro-crypto legislation under new leadership. Strategic Bitcoin Reserve and Digital Asset Laws Set to Redefine 2025 U.S. Senator Cynthia Lummis (R-WY) reiterated her strong support for cryptocurrency in a post on social media platform X Tuesday, […]
The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank’s ability to hold BTC. Powell took questions from reporters after announcing the Fed has lowered its key interest rate by a quarter percentage point in its third consecutive reduction. When asked if he sees any value […]
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The chief executive of stablecoin issuer Circle says that dollar-pegged digital assets should become a mass export product of the United States. In a new interview on CNBC Television, Circle CEO Jeremy Allaire says that the US should promote “full reserve digital dollars” as a means of preserving the value of the US dollar. Allaire […]
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Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump’s decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI). According to Ethena Labs, the collaboration […]
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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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