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Trader Updates Outlook on Altcoin That’s Up Over 1,400% Year-to-Date, Says Solana Destined for ‘Bigger Things’

Trader Updates Outlook on Altcoin That’s Up Over 1,400% Year-to-Date, Says Solana Destined for ‘Bigger Things’

A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the […]

The post Trader Updates Outlook on Altcoin That’s Up Over 1,400% Year-to-Date, Says Solana Destined for ‘Bigger Things’ appeared first on The Daily Hodl.

Bitcoin needs a weekly close above $60,600 to avoid further correction

Analyst Says Top Memecoin Will Do Big Numbers This Year, Updates Forecast on BNB and Two Other Altcoins

Analyst Says Top Memecoin Will Do Big Numbers This Year, Updates Forecast on BNB and Two Other Altcoins

A closely followed crypto analyst believes that one top memecoin could print big gains later this year. Pseudonymous crypto trader Altcoin Sherpa tells his 217,100 followers on the social media platform X that he is long-term bullish on Dogecoin (DOGE). “DOGE: many memes looking choppy in the short term, but I still think these look […]

The post Analyst Says Top Memecoin Will Do Big Numbers This Year, Updates Forecast on BNB and Two Other Altcoins appeared first on The Daily Hodl.

Bitcoin needs a weekly close above $60,600 to avoid further correction

Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment

Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment

Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment. Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment. The project’s native token, CHZ, is up nearly 2% in the past 24 hours, more than 14% in the past week and more than 27% this […]

The post Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment appeared first on The Daily Hodl.

Bitcoin needs a weekly close above $60,600 to avoid further correction

3 trends to think about before Bitcoin’s bull run resumes

The market is down, but the bull run isn't over. When it resumes running upward, some things are going to run a little more than others.

Cryptocurrency’s next bull run has already begun. One of the most significant differences compared to past cycles lies in the type of new investors entering the market. Bitcoin (BTC) exchange-traded funds (ETFs) effectively opened the door for wider participation by making it easier to get a piece of the action, and Ethereum (ETH) ETFs are widely expected to arrive soon.

Newcomers may have some difficulty understanding crypto, but there is a worthwhile framework to be considered in light of their first investments.

Beginners often start by investing in the big names like Bitcoin and Ethereum. For the most part, you can invest in Bitcoin and wait at least six months before checking its price to see if it's grown enough to sell. But for those with only a few thousand dollars to invest, investing in Bitcoin isn’t going to make you a millionaire. The near to mid-term growth potential is 2-3 times its current value.

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Bitcoin needs a weekly close above $60,600 to avoid further correction

Trader Updates Outlook on Altcoin That’s Exploded Over 900% Year-to-Date, Maps Path Forward for Solana Rival Sui

Trader Updates Outlook on Altcoin That’s Exploded Over 900% Year-to-Date, Maps Path Forward for Solana Rival Sui

A closely followed crypto strategist is updating his outlook on one red-hot altcoin amid a crypto market correction. Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that he is long-term bullish on Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWAs). “ONDO: still one of the best-performing […]

The post Trader Updates Outlook on Altcoin That’s Exploded Over 900% Year-to-Date, Maps Path Forward for Solana Rival Sui appeared first on The Daily Hodl.

Bitcoin needs a weekly close above $60,600 to avoid further correction

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

Tokenized US Treasury Bonds Hit  Billion Milestone on Public BlockchainsThis week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million to $240 million within a span of a week. The Rise of Tokenized Real-World Assets […]

Bitcoin needs a weekly close above $60,600 to avoid further correction

Binance Launches Perpetual Contract for New Crypto Project Led by Former Goldman Sachs Employees

Binance Launches Perpetual Contract for New Crypto Project Led by Former Goldman Sachs Employees

The largest crypto exchange in the world is announcing perpetual contract support for a new altcoin project with connections to the traditional finance (TradFi) world. Ondo Finance (ONDO) is a project focused on tokenizing real-world assets (RWAs), with a focus on short-term bonds and US Treasuries. Ondo’s products are currently only accessible on the Ethereum […]

The post Binance Launches Perpetual Contract for New Crypto Project Led by Former Goldman Sachs Employees appeared first on The Daily Hodl.

Bitcoin needs a weekly close above $60,600 to avoid further correction