A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.” However, he warns […]
The post Ethereum and Altcoins Gearing Up for Explosive Move As ETH Mirrors December 2020 Structure: Jason Pizzino appeared first on The Daily Hodl.
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
Aave is mulling integrating a new Chainlink oracle designed to redirect profits from transaction frontrunning to the decentralized finance (DeFi) protocol’s users, according to a proposal in Aave’s governance forum.
On Dec. 23, decentralized oracle provider Chainlink released Smart Value Recapture (SVR), an oracle service specializing in capturing profits from maximum extractable value (MEV) to benefit DeFi protocols.
The same day, Aave proposed integrating SVR “to recapture MEV from Aave liquidations and return it to the Aave ecosystem.”
Digital assets manager CoinShares says institutional investors poured hundreds of millions into crypto investment vehicles last week in spite of market-wide sell pressure. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows of $308 million. “Digital asset investment products saw a continuation of inflows last […]
The post Institutional Crypto Products Continue Inflow Hot Streak Despite Market Sell-Off: CoinShares appeared first on The Daily Hodl.
A closely followed crypto analyst says that Ethereum (ETH) looks primed to surge against Bitcoin (BTC) as we enter the new year. In a new video update, crypto strategist Benjamin Cowen tells his 848,000 YouTube subscribers that based on historical trends, Ethereum should soon bottom out against the top crypto asset by market cap. According […]
The post Ethereum Set To Move Up Against Bitcoin, According to Analyst Benjamin Cowen – Here’s His Outlook appeared first on The Daily Hodl.
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections.
Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million.
On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This represents 66% of all NFT sales volume over the past seven days.
By comparison, Bitcoin-based NFTs recorded $40 million in sales, while Solana-based collections had $29 million. Mythos Chain, Immutable, Polygon and BNB Chain collectively had a weekly volume of $25.9 million.
A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE). In a new strategy session, pseudonymous crypto strategist DonAlt tells his 637,200 followers on the social media platform X that even though memecoin dogwifhat (WIF) could bounce soon against DOGE, […]
The post Billion-Dollar Solana-Based Memecoin Is ‘Going to Zero’ Against Dogecoin, Warns Top Crypto Trader appeared first on The Daily Hodl.
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital […]
The post Coinbase Withdraws Support for Wrapped Bitcoin (wBTC) As BTC Careens Below $100,000 appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […]
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies.
The stablecoin supply to all blockchains combined is dominated by Tether (USDT), USD Coin (USDC) and Ethena’s stablecoin, USDe.
As of Dec. 20, the Ethereum blockchain held $13.5 billion worth of stablecoins, according to data from Tie Terminal, a crypto data platform for institutions and Cointelegraph Markets Pro. The overall stablecoin circulation crossed $205 billion, showing the ecosystem’s growing relevance in real-world use cases.
A widely followed crypto trader is laying out one bullish scenario for Ethereum (ETH) that could send the top altcoin to five digits in 2025. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.58 million YouTube subscribers that ETH will likely break through its all-time high and enter an explosive […]
The post Ethereum To ‘Teleport Moonward’ Once ETH Breaks Above All-Time High, Says Guy Turner – Here Are His Targets appeared first on The Daily Hodl.
