A closely followed crypto trader says Ethereum (ETH) is gearing up for a rally, and that he’s bullish on two other altcoin projects. Pseudonymous analyst Inmortal tells his 212,000 followers on the social media platform X that ETH is setting up for its “real” rally after bouncing off support near $2,900. “This time for real. […]
The post ‘This Time for Real’ – Trader Predicts Ethereum Rally, Updates Forecast on Two Low-Cap Altcoins appeared first on The Daily Hodl.
A closely followed crypto strategist believes that one small-cap layer-0 altcoin project is primed for a breakout. Pseudonymous analyst Inmortal tells his 207,600 followers on the social media platform X that scaling solution Constellation (DAG) is in an uptrend after bouncing off a key level at $0.05 following a long accumulation phase. “I like DAG […]
The post Trader Says Under-the-Radar Layer-0 Altcoin Ready for Expansion After Long Accumulation Phase appeared first on The Daily Hodl.
A closely followed crypto trader believes that one decentralized finance altcoin is setting the stage for a huge rally. Pseudonymous crypto analyst Inmortal tells his 202,300 followers on the social media platform X that Radix (XRD) could soar by more than 51% from its current value. “Respecting the squiggly perfectly. Breakout plus retest completed. Impulse […]
The post Steep Rally Loading Up for Decentralized Finance (DeFi) Altcoin, According to Crypto Strategist appeared first on The Daily Hodl.
A closely followed crypto strategist thinks that the leading smart contract protocol Ethereum (ETH) is positioning for a year-end surge. Pseudonymous analyst Inmortal tells his 199,000 followers on the social media platform X that Ethereum will likely see significantly higher prices before 2023 expires. In the coming weeks, however, the analyst says that ETH could […]
The post Trader Predicts Year-End Rally for Ethereum, Updates Outlook on Bitcoin and One Low-Cap Altcoin appeared first on The Daily Hodl.
The news of an upcoming network upgrade planned for one decentralized finance (DeFi) project is sending its altcoin soaring. According to a new announcement, the Radix (XRD) ecosystem is planning an upgrade from Olympia to Babylon around July 31st. Says Radix, “Babylon upgrade date confirmed: July 31st 2023. The upgrade from Olympia to Babylon will […]
The post DeFi Crypto Project Goes on Parabolic 200% Rally After Announcing New Network Upgrade appeared first on The Daily Hodl.
Crypto analyst Nicholas Merten is naming some of his top altcoins for the second quarter of 2022. In a new video, Merten tells his 513,000 YouTube subscribers why he has an optimistic outlook for Unibright (UBT), a blockchain for enterprise solutions. Merten says that Unibright’s core enterprise token UBT serves many purposes for the network, […]
The post Crypto Analyst Nicholas Merten Names Top Altcoins for Q2 2022 appeared first on The Daily Hodl.
A popular crypto analyst says that a supercycle for altcoins is here and he’s eyeing four crypto assets that could potentially rip higher for major gains. In a new strategy session, Nicholas Merten tells his 489,000 YouTube subscribers that while king crypto Bitcoin (BTC) may seem a bit stagnant, enthusiasm for altcoin projects is likely […]
The post Altcoin Supercycle Has Arrived, According to Analyst Nicholas Merten – Here Are 4 Crypto Assets To Watch appeared first on The Daily Hodl.
PRESS RELEASE. AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to announce the listing of the Radix tokens (EXRD and XRD) under the pairs USDT/XRD and USDT/EXRD on June 29 at 1 p.m. UTC. Radix intends to remove the technology barriers limiting the expansion of DeFi by building […]
The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025.
Non-profit decentralized finance alliance, GoodFi, has announced the addition of 22 DeFi industry leaders to its newly formed Board of Advisors including representatives from many of the sector’s top projects.
It’s also launched a website to hook new users up with appropriate DeFi protocols.
Announced May 13, the advisory board features Chainlink account executive, Michael Zacharski, SushiSwap core developer, Omakase, and Aave digital marketing manager, Isa Kivlighan. In total, 19 leading teams building in DeFi from across the globe are represented, including Ava Labs, Acala Network, and Maple Finance.
The Board of Advisors is expected to pool knowledge and experience to reduce the barriers to enter the crypto and DeFi sectors. GoodFi has also launched a website offering in-depth resources to first-time users regarding the value proposition and basics underpinning decentralized finance.
The site will offer a “matchmaker” feature from next month. It’s designed to recommend beginner-friendly DeFi protocols to new users tailored to their individual needs. The tool will also provide real-time data for yield products on “a range of proven platforms.”
Adam Simmons, Radix’s head of strategy, emphasized GoodFi’s mission of onboarding 100 million DeFi users by 2025:
“While opening a new cryptocurrency wallet and interacting with various DeFi DApps is second-nature to crypto natives, these processes will initially be intimidating to the uninitiated majority across the globe. To get 100 [million] DeFi users by 2025, GoodFi needs to guide users at each step so they feel confident bringing assets into the ecosystem.”
Speaking to Cointelegraph, Maple Finance’s CEO and co-founder, Sidney Powell stated that Maple will “help establish partnerships with a goal of building awareness about the power and sovereignty which DeFi puts in the hands of the everyday person.”
Powell predicted that the development of increasingly user-friendly interfaces will help “spur greater adoption” of DeFi, adding that “the longer DeFi has been around, the more comfortable people will be with it.”
“[DeFi] is already starting to appeal to people I know from Wall St and more traditional finance backgrounds so this is just a matter of time. We see DeFi’s adoption as increasing society’s progress by giving new tech and finance businesses access to capital for growth and innovation.”
The GoodFi alliance was launched by DeFi-focused layer-one protocol Radix in February, with Chainlink, Aave, and Messari pledging early support.
DeFi consortiums have sharply proliferated in recent months, with Polkadot announcing an alliance in December, the Ren Alliance expanding to more than 50 members in April, and the Open DeFi Alliance launching a decentralized autonomous organization earlier this month.
