Crypto ETFs Break New Record With $2,900,000,000 Tidal Wave of Inflows in One Week: CoinShares

March 18, 2024 The Daily Hodl

Crypto ETFs Break New Record With ,900,000,000 Tidal Wave of Inflows in One Week: CoinShares

Altcoins

Digital assets manager CoinShares says institutions poured in a new weekly record of $2.9 billion into crypto investment products last week in the seventh consecutive week of inflows. In its latest Digital Asset Fund Flows report, CoinShares says that year-to-date inflows for crypto investment products have also reached a new record mark. “Digital asset investment products […]

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NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

March 9, 2024 Bitcoin.com

Bitcoin

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. […]

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Analyst Says Top-20 Altcoin About To Skyrocket by Over 120%, Maps Path Forward for Polygon and Injective

March 8, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst and trader is predicting one Ethereum (ETH) rival is on the verge of a massive breakout. The analyst pseudonymously known as Kaleo tells his 626,600 followers on the social media platform X that layer-1 blockchain Avalanche (AVAX) could soar more than 129% from its current value. “AVAX is about to […]

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Astar Network unveils zkEVM as first layer-2 on Polygon’s AggLayer

March 6, 2024 The Crypto Briefing

Astar Network launches Astar zkEVM, the first layer-2 on Polygon's AggLayer, revolutionizing Web3 UX and unifying blockchain tech in Japan.

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NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

March 2, 2024 Bitcoin.com

Bitcoin

As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in […]

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Social Media Giant Reddit Holds Bitcoin and Ethereum for ‘Treasury Purposes,’ According to SEC Filing

February 24, 2024 The Daily Hodl

Social media giant Reddit holds both Bitcoin (BTC) and Ethereum (ETH) in its treasury, according to a filing with the U.S. Securities and Exchange Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to its planned initial public offering (IPO). In the document, Reddit says it has invested […]

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Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume

February 24, 2024 Bitcoin.com

Bitcoin

Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains in terms of volume — Ethereum and […]

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Trader Says Ethereum Layer-2 Token Flashing ‘Promising Signs,’ Predicts the Altcoin Could Soar by Over 70%

February 23, 2024 The Daily Hodl

ali martinez

Trader Ali Martinez is saying that a leading Ethereum (ETH) scaling crypto project could appreciate by double digits over the long term. Martinez tells his 46,800 followers on the social media platform X that Polygon (MATIC) could rally by around 77% to a price last reached in February of 2022 if a major support level […]

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Ethereum Layer-2s About To Take Off, Says Coin Bureau’s Guy Turner – Here Are His Top Picks

February 23, 2024 The Daily Hodl

Altcoins

The host of the Coin Bureau YouTube channel, Guy Turner, is expressing bullish sentiment on Ethereum (ETH) layer-2 projects. In a new strategy session, Turner tells the 2.41 million channel subscribers that ETH’s Dencun update may cause layer-2 projects to go on massive rallies and he names his top four picks. The Dencun upgrade, which […]

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‘Proof of Humanity’ Project With Palm Recognition Technology Announces Partnership With Polygon Labs and Animoca Brands

February 20, 2024 The Daily Hodl

Daily Hodl

A new crypto project backed by the team behind Polygon (MATIC) wants to introduce a new “proof of humanity” protocol. According to a new press release, the Humanity Institution, in partnership with Polygon Labs and Animoca Brands, is introducing a new zero-knowledge-proof, Ethereum Virtual Machine (zkEVM)-compatible blockchain that uses palm scanning technology. Using palm-scanning tech to […]

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