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Trader Says Altcoin That’s Near All-Time High Could ‘Accelerate Quickly,’ Updates Outlook on Hedera and Kaspa

Trader Says Altcoin That’s Near All-Time High Could ‘Accelerate Quickly,’ Updates Outlook on Hedera and Kaspa

A widely followed cryptocurrency analyst and trader is turning bullish on one Ethereum (ETH) layer-2 project. The analyst pseudonymously known as Credible Crypto tells his 379,100 followers on the social media platform X that Optimism (OP) is now in the midst of price discovery and could move much higher. Price discovery is a term used […]

The post Trader Says Altcoin That’s Near All-Time High Could ‘Accelerate Quickly,’ Updates Outlook on Hedera and Kaspa appeared first on The Daily Hodl.

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Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR

Bitcoin’s recent rally toward $40,000 could further fuel traders' bullish sentiment for KAS, RUNE, MNT and RNDR.

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000.

The major tailwind for Bitcoin is the expectation that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund as early as January. Swan Bitcoin CEO Cory Klippsten said in an interview with Bloomberg that the window for the approval for the spot Bitcoin ETF “seems to have been narrowed to January 8th, 9th, or 10th.”

Crypto market data daily view. Source: Coin360

Several analysts expect Bitcoin’s price to soar after one or more spot Bitcoin ETFs are greenlighted.

Could Bitcoin's rise near $40,000 boost buying in altcoins? Let’s look at the charts of the top 5 cryptocurrencies that may attract investors.

Bitcoin price analysis

Bitcoin rose and closed above the overhead resistance of $37,980 on Dec.

BTC/USDT daily chart.

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$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Trader Updates Outlook on Altcoin That’s Exploded 290% in Three Months, Says a Bitcoin Correction’s Now ‘Likely’

Trader Updates Outlook on Altcoin That’s Exploded 290% in Three Months, Says a Bitcoin Correction’s Now ‘Likely’

A widely followed crypto strategist is updating his outlook on one soaring altcoin as the broader crypto markets trade sideways. Pseudonymous trader Credible Crypto tells his 353,600 followers on the social media platform X that proof-of-work cryptocurrency Kaspa (KAS) could face rejection at a key resistance level before continuing its rally. “Decent reaction on KAS […]

The post Trader Updates Outlook on Altcoin That’s Exploded 290% in Three Months, Says a Bitcoin Correction’s Now ‘Likely’ appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Altcoin That’s Exploded Over 1,800% in a Year Is Still Massively Bullish, According to Crypto Analyst

Altcoin That’s Exploded Over 1,800% in a Year Is Still Massively Bullish, According to Crypto Analyst

A widely followed analyst and trader says that a top-50 crypto asset by market cap possesses more upside potential. The analyst pseudonymously known as Credible Crypto tells his 352,200 followers on the X social media platform that the proof-of-work cryptocurrency Kaspa (KAS) has a “long way to go” upwards even after rallying by around 50% […]

The post Altcoin That’s Exploded Over 1,800% in a Year Is Still Massively Bullish, According to Crypto Analyst appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Trader Says Altcoin That’s Exploded 1,700% This Year Looks Massively Bullish, Updates Outlook on Bitcoin

Trader Says Altcoin That’s Exploded 1,700% This Year Looks Massively Bullish, Updates Outlook on Bitcoin

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-50 altcoin amid a market correction. The analyst pseudonymously known as Credible Crypto tells his 351,500 followers on the X social media platform that the native token of the proof of work blockchain Kaspa (KAS) could go much higher after hitting new […]

The post Trader Says Altcoin That’s Exploded 1,700% This Year Looks Massively Bullish, Updates Outlook on Bitcoin appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Analyst Michaël van de Poppe Says Top-50 Altcoin That’s Exploded Nearly 800% Year-to-Date Ready for a ‘New Leg Up’

Analyst Michaël van de Poppe Says Top-50 Altcoin That’s Exploded Nearly 800% Year-to-Date Ready for a ‘New Leg Up’

Crypto analyst Michaël van de Poppe believes that one low-cap altcoin that has printed close to 9x gains this year is gearing up for bullish continuation. Van de Poppe tells his 667,600 followers on the X social media platform that Kaspa (KAS), a layer-1 proof of work cryptocurrency, “looks ready for a new leg up.” […]

The post Analyst Michaël van de Poppe Says Top-50 Altcoin That’s Exploded Nearly 800% Year-to-Date Ready for a ‘New Leg Up’ appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Proof-of-Work Layer-1 Crypto Project Defies Market Doldrums and Surges by 29% This Week Amid New Integrations

Proof-of-Work Layer-1 Crypto Project Defies Market Doldrums and Surges by 29% This Week Amid New Integrations

A layer-1 altcoin is outperforming the broader crypto markets after putting up a nearly 30% rally in the last week. Proof-of-work blockchain Kaspa (KAS) is trading for $0.0496 at time of writing, up from a low of about $0.0383 one week ago. The 44th-ranked crypto asset by market cap is up more than 3.6% in […]

The post Proof-of-Work Layer-1 Crypto Project Defies Market Doldrums and Surges by 29% This Week Amid New Integrations appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Bitcoin-Inpired Altcoin Rallies 107% in a Week As Project Gets Listed on Two Crypto Exchanges

Bitcoin-Inpired Altcoin Rallies 107% in a Week As Project Gets Listed on Two Crypto Exchanges

An altcoin inspired by Bitcoin (BTC) is surging after being listed on two crypto exchange platforms in a week. Kaspa (KAS) has more than doubled in price since last week after being listed on crypto exchanges Hotbit and BYDFi. News of the listings sent the crypto asset flying as it went from a seven-day low […]

The post Bitcoin-Inpired Altcoin Rallies 107% in a Week As Project Gets Listed on Two Crypto Exchanges appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

Bitcoin-Inspired Altcoin Project Skyrockets 115% This Month Amid Series of Updates

Bitcoin-Inspired Altcoin Project Skyrockets 115% This Month Amid Series of Updates

An altcoin project inspired by Bitcoin’s (BTC) ethos is blowing up this month as its ecosystem undergoes a major series of updates. The 199th-ranked crypto by market cap Kaspa (KAS) is worth $0.0121 at time of writing, up 23% in the last 24 hours, 58% in the last week, 86% in the last two weeks, […]

The post Bitcoin-Inspired Altcoin Project Skyrockets 115% This Month Amid Series of Updates appeared first on The Daily Hodl.

$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau