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Bitcoin Ready To Outperform Gold by at Least Double for Rest of Market Cycle: Glassnode Founders

Bitcoin Ready To Outperform Gold by at Least Double for Rest of Market Cycle: Glassnode Founders

The founders of crypto analytics platform Glassnode are predicting that Bitcoin (BTC) will vastly outperform gold for the remainder of the current bull cycle. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that the BTC/gold ratio could more than double in the coming […]

The post Bitcoin Ready To Outperform Gold by at Least Double for Rest of Market Cycle: Glassnode Founders appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Pepe memecoin hits record high but risks a brutal 40% crash by June

PEPE's ongoing trend mirrors the price behavior that happened before a 40% crash in January.

Pepe (PEPE) price rose to a record high on May 27, a surge driven by the recent approval of key Ether (ETH) exchange-traded fund (ETF) filings in the U.S., prompting traders to view Ethereum-based memecoins as high-risk, high-reward opportunities. 

PEPE's price surged by 7.60%, reaching an all-time high of $0.00001725. This marks an impressive 88% increase since the U.S. Securities and Exchange Commission (SEC) approved the Ether ETF filings on May 20.

Other Ethereum-standard memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Mog Coin (MOG), also posted significant gains after the ETF filings approval.

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Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Trader Says Top-10 Altcoin Primed To Surge 500% ‘Eventually,’ Updates Outlook on Ethereum and Pepe

Trader Says Top-10 Altcoin Primed To Surge 500% ‘Eventually,’ Updates Outlook on Ethereum and Pepe

A widely followed crypto analyst says that one top-10 altcoin will eventually see a 500% rise while updating his outlook on smart contract platform Ethereum (ETH) and memecoin Pepe (PEPE). In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 216,200 followers on the social media platform X that meme asset Dogecoin (DOGE) will […]

The post Trader Says Top-10 Altcoin Primed To Surge 500% ‘Eventually,’ Updates Outlook on Ethereum and Pepe appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

RIP, Kabosu – Shiba Inu Who Inspired the Dogecoin (DOGE) Memecoin Movement Passes Away at 18

RIP, Kabosu – Shiba Inu Who Inspired the Dogecoin (DOGE) Memecoin Movement Passes Away at 18

It’s a sad day in the crypto community as one of the space’s most lovable faces has passed away. The cryptoverse woke up to a tragic announcement this morning: the Shiba Inu who inspired Dogecoin (DOGE) has died. View this post on Instagram A post shared by ????? (@kabosumama) Kabosu, the photogenic Japanese Shiba Inu who inspired […]

The post RIP, Kabosu – Shiba Inu Who Inspired the Dogecoin (DOGE) Memecoin Movement Passes Away at 18 appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Price analysis 5/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks.

The United States Securities and Exchange Commission (SEC) greenlighted  several spot Ether exchange-traded funds on May 23, but the decision failed to ignite Ether (ETH) or the crypto markets. Does this mean that the ETF decision was already priced in? It is difficult to judge by the initial reaction because Bitcoin’s (BTC) price had also dipped just after the approval of the spot Bitcoin ETFs. However, the price turned around after a few days and skyrocketed to a new all-time high.

The approved spot Ether ETFs are expected to launch by mid-June, according to Bloomberg ETF analyst Eric Balchunas. He projects the Ether ETFs to garner roughly 10-15% of the inflows seen by the Bitcoin ETFs. Once money starts flowing into Ether ETFs, the spot market is likely to respond favorably.

Although Bitcoin remains stuck in a sideways price action, Fundstrat Global Advisors managing partner and head of research Tom Lee remains uber bullish. In an interview with CNBC, Lee said their base case for Bitcoin by the end of the year is $150,000.

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Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Crypto Analyst Predicts 75%+ Rally for Top-10 Altcoin, Maps Path Forward for Bitcoin and One Ethereum Rival

Crypto Analyst Predicts 75%+ Rally for Top-10 Altcoin, Maps Path Forward for Bitcoin and One Ethereum Rival

A widely followed cryptocurrency analyst and trader is forecasting that one blue-chip altcoin could rally by double-digits. The analyst pseudonymously known as The Crypto Dog tells his 782,000 followers on the social media platform X that Dogecoin (DOGE) could hit a price of $0.30, about 78% above the current level if Bitcoin (BTC) records a […]

The post Crypto Analyst Predicts 75%+ Rally for Top-10 Altcoin, Maps Path Forward for Bitcoin and One Ethereum Rival appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

US Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Dispute

US Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Dispute

The Supreme Court of the United States is ruling against crypto exchange Coinbase in the Dogecoin (DOGE) sweepstakes dispute. According to new legal documents obtained by Cornell Law, the Supreme Court unanimously ruled that the conflict between Coinbase’s sweepstakes contract and user agreement must be determined through the court system. As stated by Justice Ketanji […]

The post US Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Dispute appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up

Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up

Presidential hopeful Donald Trump is asking for donations in Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), XRP and other altcoins as the 2024 US election gets closer In a new press release, the Trump campaign says it will now be accepting crypto donations for the 2024 election and accuses Democrats of trampling on Americans’ financial freedom […]

The post Donald Trump Asks for Bitcoin, Ethereum, Dogecoin and XRP Donations As Crypto’s Election Cycle Heats Up appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko

Crypto Trader Says One Large-Cap Memecoin Is ‘About To Rip,’ Updates Outlook on Bitcoin and Solana

Crypto Trader Says One Large-Cap Memecoin Is ‘About To Rip,’ Updates Outlook on Bitcoin and Solana

A widely followed analyst and trader is expressing bullish sentiment on a leading memecoin while updating his outlook on three other crypto assets. The analyst pseudonymously known as Kaleo tells his 638,400 followers on the social media platform X that Dogecoin (DOGE) is “about to rip”. On the largest memecoin by market cap, the widely […]

The post Crypto Trader Says One Large-Cap Memecoin Is ‘About To Rip,’ Updates Outlook on Bitcoin and Solana appeared first on The Daily Hodl.

Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko