A veteran trader known for timely crypto calls is issuing a warning over memecoins as he suggests the sector may have reached peaked popularity. Pseudonymous trader The Flow Horse tells his Telegram channel that memecoins may soon fade as another crypto sector ascends. “Let me stress this: nothing in this market – or in life, […]
The post Top Trader Issues Warning on Memecoins, Says Trade Idea Already ‘Consensus’ and Getting Saturated appeared first on The Daily Hodl.
Crypto market data analytics firm Kaiko Research is warning that one real-world asset (RWA) project could remain bearish for two main reasons. In a new report, Kaiko Research says that Ondo Finance (ONDO) is losing momentum after the hype around RWA projects has died down. The firm also warns that expected Fed interest rate cuts […]
The post Analytics Firm Issues Warning on ONDO, Says Fed Rate Policy Present Headwinds – Here’s Why appeared first on The Daily Hodl.
According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital Liquidity Fund, also known […]
BlackRock has hit the milestone less than four months after the launch of BUIDL in April.
The BlackRock USD Institutional Digital Liquidity Fund has reached a $500 million market cap — making it the first tokenized treasury fund to reach the milestone.
Launched less than four months ago, BlackRock BUIDL, currently holds $502.8 million worth of tokenized treasurys, according to Ethereum block explorer Etherscan.
The milestone was reached after real-world asset tokenization firm Ondo Finance bought more BUIDL, which it uses as a backing asset for its OUSG token.
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.
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.
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.
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.
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.
