Decentralized finance (DeFi) protocol Synthetix could potentially burn a significant percentage of its supply if the project moves forward with a proposal from its founder. In a new blog update, Synthetix creator Kain Warwick lays out 12 different suggestions or opportunities for the project moving forward. One of Warwick’s 12 points includes a 3:1 split […]
The post Millions of Synthetix (SNX) Tokens Could be Burned in New Proposal From Founder appeared first on The Daily Hodl.
A mysterious investor is scooping up an Ethereum-based (ETH) altcoin that has more than doubled up in price so far this year. According to new data from blockchain-tracking service Lookonchain, an unnamed institution spent $10 million worth of USD Coin (USDC) to purchase 3.4 million Synthetix (SNX), a decentralized asset issuance project, during the last […]
The post Mysterious Institutional Investor Scoops Up Ethereum-Based Altcoin That Rallied 126% This Year: On-Chain Data appeared first on The Daily Hodl.
An increasingly popular crypto strategist believes that two decentralized finance (DeFi) tokens could be gearing up for breakouts. Pseudonymous analyst Cantering Clark tells his 161,400 Twitter followers that DYDX, the native asset of decentralized exchange (DEX) dYdX, is trading above a key support level at around $2.84 and could be setting up to take out […]
The post Two DeFi Altcoins Showing Signs of Imminent Breakouts, According to Top Crypto Trader appeared first on The Daily Hodl.
The pseudonymous crypto analyst Altcoin Sherpa remains largely bearish about the market despite the general price uptick last week. The trader tells his 180,700 Twitter followers that $22,000 is a “must hold” level for Bitcoin (BTC). “The last high, although technically higher, is not convincing, and I think there’s a real chance that this low […]
The post Here’s What’s Next for Bitcoin (BTC), Solana (SOL) and Three Under-the-Radar Altcoins: Top Crypto Trader appeared first on The Daily Hodl.
Five low-cap altcoins have doubled their value or more over the past seven days following weeks of bloodbath in the crypto markets. One of this week’s biggest gainers is CEL, the native token of crypto lending platform Celsius Network. After collapsing 99% from its all-time high, CEL rallied hard last week, erupting from a seven-day low […]
The post Five Low-Cap Altcoins Surge 100% or More in Just One Week Amid Bounce Across Crypto Markets appeared first on The Daily Hodl.
A leading analytics firm says whales are accumulating the native token of an embattled crypto lending firm over the past week and a half. According to Santiment, large buyers have been accumulating CEL tokens “in a big way” in the last 10 days. “Celsius and its +290% price surge in 10 days came as traders […]
The post Whales Have Quietly Triggered a 900% Surge for Embattled Crypto Asset, According to Analytics Firm Santiment appeared first on The Daily Hodl.
Fresh on-chain data shows the world’s biggest Ethereum whales are turning their attention to a diverse array of altcoins in multiple sectors as ETH itself struggles on the price charts. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows the top players are fond […]
The post Biggest Ethereum Whales Flock to Apecoin, PAX Gold, Stablecoins and Three More Altcoins: On-Chain Data appeared first on The Daily Hodl.
Ethereum’s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep […]
The post Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data appeared first on The Daily Hodl.
The world’s largest Ethereum (ETH) whales are snapping up leading digital asset Bitcoin (BTC) and a new security-based altcoin while unloading dog-themed meme token Shiba Inu (SHIB). According to on-chain data from whale-tracking website WhaleStats, over the last 30 days, deep-pocketed Ethereum investors have been accumulating the Bitcoin-pegged Ethereum asset Wrapped Bitcoin (WBTC), security protocol […]
The post Ethereum Whales Are Accumulating Bitcoin and Two Altcoin Projects While Unloading Dogecoin Rival Shiba Inu: On-Chain Data appeared first on The Daily Hodl.
