Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin

December 4, 2024 The Daily Hodl

Altcoins

A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November. “Avalanche performed a historically bullish […]

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Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Crypto Strategist Says Dogecoin Close to Confirming Pattern Breakout, Updates Forecast on Polkadot and FET

December 1, 2024 The Daily Hodl

Altcoins

A closely followed crypto analyst believes Dogecoin (DOGE) is in a solid position to ignite fresh moves to the upside. Pseudonymous analyst Rekt Capital tells his 517,400 followers on the social media platform X that DOGE looks bullish as it trades within an ascending triangle pattern. The technical structure is often viewed as a bullish […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Analyst Says BNB Could Explode by Over 160%, Updates Outlook on Bitcoin, Shiba Inu and Polkadot

November 22, 2024 The Daily Hodl

Altcoins

Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins. Martinez tells his 85,900 followers on the social media platform X that BNB, the native token of the BNB Chain ecosystem, could skyrocket by 164% from the current level if it manages […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Crypto Analyst Suggests Dogecoin (DOGE) Could Kick Off Parabolic Run This Month – Here’s Why

November 2, 2024 The Daily Hodl

ali martinez

A widely followed crypto analyst thinks the top meme asset Dogecoin (DOGE) could kick off a parabolic bull run this month. In a new strategy session, crypto trader Ali Martinez shares a chart with his 76,400 followers on the social media platform X that suggests DOGE is primed to spark a rally based on historical […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Department of the Treasury Sanctions Cambodian Senator Accused of Running Crypto Scams

September 18, 2024 The Daily Hodl

crypto

The financial intelligence and enforcement agency of the U.S. Treasury Department is announcing sanctions against a Southeast Asian lawmaker and businessman. The Treasury Department’s Office of Foreign Assets Control (OFAC) says it has sanctioned Cambodian senator and tycoon Ly Yong Phat as well as his businesses L.Y.P. Group and O-Smach Resort over alleged involvement in […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Mastercard Partners With European Payments Giant Mercuryo, Supporting Non-Custodial Crypto Wallets

September 5, 2024 The Daily Hodl

1inch

Payments processing giant Mastercard is teaming up with a European counterpart to support non-custodial crypto wallets. In a new announcement, European payments firm Mercuryo says it’s teaming up with Mastercard to launch Spend, a crypto debit card that makes it convenient for customers to spend or cash out their digital assets. “In the context of […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Trader Says Top Ethereum Rival Primed To Go Higher, Updates Outlook on Bitcoin and One Blue-Chip Altcoin

July 4, 2024 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that one Ethereum (ETH) rival is in an uptrend after retesting the $120 range last week. Pseudonymous analyst Altcoin Sherpa tells his 217,700 followers on the social media platform X that Solana (SOL) appears to have more upside potential after holding the 200-day exponential moving average (EMA) as support. […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Polkadot Treasury Spends Nearly $37,000,000 on Outreach and Marketing in First Half of 2024

July 3, 2024 The Daily Hodl

Polkadot Treasury Spends Nearly ,000,000 on Outreach and Marketing in First Half of 2024

Altcoins

Interoperability blockchain project Polkadot (DOT) is reportedly spending massive amounts of money on outreach and marketing. According to the project’s new treasury report, $37 million was spent in the first half of 2024 to increase interest in the Polkadot ecosystem. “$37 million was spent on ‘outreach.’ But what do we mean by that? Under outreach, […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Polkadot’s treasury has $245M with 2 years of runway

July 2, 2024 Coin Telegraph

Polkadot’s treasury has 5M with 2 years of runway

Blockchain

The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered.

Polkadot’s treasury holds just under $245 million worth of assets, giving it around two years of spending left at its current rate, according to a Friday report from the blockchain.

“Polkadot’s Treasury is becoming more complex and harder to grasp,” its head ambassador Tommi Enenkel wrote in a June 28 treasury report for 2024’s first half. “Polkadot is spending directly as well as allocating value in bounties and collectives to be spent in the future.”

“At the current rate of spending, the Treasury has about 2 years of runway left, although the volatile nature of crypto-denominated treasuries makes it hard to predict with confidence,” Enenkel added. “This has sparked discussions ranging from a stricter budgeting approach to a change in the inflation parameters of the system.”

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Crypto Analyst Says One Ethereum Rival Is Extremely Undervalued, Maps Path Forward for Bitcoin and Chainlink

June 29, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst and trader believes that one Ethereum (ETH) rival is well below fair market value. Crypto trader Michaël van de Poppe tells his 722,500 followers on the social media platform X that layer-2 scaling solution Polkadot (DOT) could follow ETH’s upward trend. “DOT is likely going to follow Ethereum in its […]

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