A closely followed crypto trader says he’s looking to scoop up more of a Solana (SOL)-based memecoin amid the market correction. The pseudonymous analyst known as Altcoin Sherpa tells his 236,000 followers on the social media platform X that he’s got his eye on Fartcoin (FARTCOIN), a memecoin that was created by an anonymous developer […]
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The largest publicly traded corporate holder of Bitcoin (BTC) just added over 2,000 new tokens to its stash. According to MicroStrategy founder Michael Saylor, the software development firm just snagged 2,138 BTC worth approximately $209 million. “MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per Bitcoin and has achieved BTC yield of 47.8% […]
The post MicroStrategy Acquires 2,138 Bitcoin As Value of the Firm’s BTC Stash Balloons to Over $27,000,000,000 appeared first on The Daily Hodl.
A crypto strategist known for accurately calling Bitcoin’s retracement earlier this year warns that BTC is flashing signals that could lead to an extended corrective period. Pseudonymous analyst Rekt Capital tells his 524,500 followers on the social media platform X that BTC shattered two support levels on the weekly chart, suggesting that its short-term uptrend […]
The post Analyst Who Nailed Bitcoin Pre-Halving Pullback Warns BTC Showing Signs of Incoming Multi-Week Correction appeared first on The Daily Hodl.
The co-founders of the blockchain analysis platform Glassnode are laying out how Bitcoin (BTC) can reclaim six figures and more. Glassnode and Swissblock co-founders Jan Happel and Yann Alleman, who share the social media handle Negentropic, start by comparing BTC’s current situation to a similar scenario from a few years back. “Let’s look at the […]
The post Here’s How Bitcoin Could Potentially Witness a Price Pump, According to Glassnode Co-Founders appeared first on The Daily Hodl.
Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts to engage in a fraudulent token listing scheme. Local Korean news outlet The Hankyoreh reports that the Seoul Southern District Court has sentenced the 55-year-old to two years behind bars and ordered him to pay […]
The post Former CEO of Crypto Exchange Bithumb Sentenced to Two Years in Prison: Report appeared first on The Daily Hodl.
An under-the-radar project focused on artificial intelligence (AI) is defying the crypto market downturn as tokenomic upgrade plans begin to take shape. The utility token for the AI agent project ai16z (AI16Z) is trading for $1.52 at time of writing, up 23.7% in the past 24 hours. With a market cap of $1.65 billion, the […]
The post Under-the-Radar AI Agent Defies Crypto Market Downturn Amid Plans for Major Tokenomic Upgrades appeared first on The Daily Hodl.
A closely followed crypto analyst is identifying one key factor that could cause Bitcoin (BTC) to plummet all the way down to $85,000. In a new thread on the social media platform X, crypto trader Justin Bennett tells his 115,700 followers that the next time prominent stablecoin Tether’s (USDT) dominance level (USDT.D) tests the 4.7-5% […]
The post Crypto Analyst Justin Bennett Warns One Factor Could Trigger Massive Bitcoin Plunge – Here’s His Target appeared first on The Daily Hodl.
A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a new press release, the Blockchain Association says the “midnight” decision by the Internal Revenue Service (IRS) and the Treasury Department to force DeFi protocols to follow the same reporting rules as securities brokers […]
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The chief executive of market intelligence platform CryptoQuant is warning investors that the US government’s motivations for creating a Bitcoin (BTC) standard may be different from what they expect. In a new thread on the social media platform X, Ki Young Ju says that for the US to seriously consider a BTC standard, it would […]
The post US Government’s Motivations for BTC Standard Likely Differ From Bitcoiners, Warns CryptoQuant CEO appeared first on The Daily Hodl.
A crypto whale that participated in the initial coin offering (ICO) of Ethereum has reportedly been spotted sending nine figures worth of ETH to the crypto exchange Kraken this year. Citing data from on-chain analyst Ember, Wu Blockchain reports that after another transfer of 3,370 ETH to Kraken over the weekend, a whale connected to […]
The post Genesis-Era Ethereum Whale Sends $171,780,000 Worth of ETH to Kraken in 2024: Report appeared first on The Daily Hodl.
