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Top Analyst Says Things Could Get Crazy for Altcoins Once Key Resistance Zone Is Broken – But There’s a Catch

Top Analyst Says Things Could Get Crazy for Altcoins Once Key Resistance Zone Is Broken – But There’s a Catch

A widely followed analyst is turning bullish on altcoins as the total cryptocurrency market capitalization hovers above $3 trillion. The analyst pseudonymously known as Pentoshi tells his 811,300 followers on the social media platform X that once TOTAL3 (the total crypto market cap excluding Bitcoin and Ethereum) rises above approximately $790 billion, things could “get […]

The post Top Analyst Says Things Could Get Crazy for Altcoins Once Key Resistance Zone Is Broken – But There’s a Catch appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark

Tokenized US Treasuries Climb by 0M Since Crossing the  Billion MarkSince surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market DownturnBitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders to Stablecoins At 1 p.m. EDT on […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

TON-Based Hamster Kombat Token Plummets 42% in 3 Days

TON-Based Hamster Kombat Token Plummets 42% in 3 DaysOn Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per token when it first hit major exchanges, HMSTR has since lost over 42% of its […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains

Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to GainsThe spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

Bitcoin Rockets to .8K: .36B in BTC Pulled From Exchanges in 30 DaysOn Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps AheadCurrent stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth largest spot. Stablecoin Shakeup: USDE Slips to 5th, FDUSD Rises to […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

Bitcoin Slides Below K as Market Plunge Wipes Out 8MAfter lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

Ethena’s USDE Sees Market Cap Shrink by 0M in Less Than 2 MonthsBased on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

Paypal’s PYUSD Stablecoin Reaches  Billion Market Cap in Just Over a YearOn Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent data shows that the market cap […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K