Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH). Starting with Stacks (STX), Van de Poppe tells his 738,800 followers on the social media platform X that the native token of the Bitcoin layer-2 project could […]
The post Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum appeared first on The Daily Hodl.
Plans to launch a Bitcoin-pegged stablecoin, an upcoming network upgrade and BTC’s recent recovery could be connected to STX’s 30% rally.
STX, the native token of the Bitcoin-focused Stacks layer-2 smart contract platform, is riding on Bitcoin’s recovery, up approximately 30% over the last seven days.
STX/USD daily chart. Source: TradingView
STX (STX) trading volume has doubled over the same period to $148.2 million on Sept. 26, surpassing Bitcoin’s (BTC) 7.5% increase since Sept. 18.
The U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the firm behind the popular Bitcoin (BTC) layer-2 chain Stacks (STX). According to a new Form 1-U filing from the SEC, the securities regulator has investigated STX-developer Hiro and decided not to pursue any further actions against the crypto firm. “Termination of SEC […]
The post SEC Terminates Investigation Into Bitcoin (BTC) Layer-2 Stacks Developer Hiro appeared first on The Daily Hodl.
Bitcoin layer-two developer Alex Lab revealed that an investigation linked the North Korea-linked Lazarus Group to the $4.3 million exploit that occurred on May 16. Alex Lab has facilitated communication between the Singapore Police Force and relevant cryptocurrency exchanges as part of the ongoing investigation. Alex Lab Collaborates With Law Enforcement in $4.3M Hack Investigation […]
A closely followed crypto analyst is listing five altcoins he believes are showing strength despite the choppy market conditions. Pseudonymous crypto trader Altcoin Sherpa tells his 217,200 followers on the social media platform X that layer-1 protocol Injective (INJ), cross-chain protocol Wormhole (W), data democratization project JasmyCoin (JASMY), Bitcoin (BTC) layer-2 scaling solution Stacks (STX) […]
The post Trader Unveils List of Five Strong Altcoins Including Injective Amid Choppy Market Conditions appeared first on The Daily Hodl.
The world’s largest digital asset manager is unveiling two new crypto investment trusts for Ethereum (ETH) rival Near Protocol (NEAR) and Bitcoin (BTC) layer-2 project Stacks (STX). In a statement, Grayscale Investment says Grayscale Near Trust and Grayscale Stacks Trust are now available for daily subscription by eligible individual and institutional investors. The new investment […]
The post Crypto Asset Management Giant Grayscale Launches New Trusts for Ethereum Competitor and Bitcoin Layer-2 Project appeared first on The Daily Hodl.
Crypto hedge fund Pantera Capital, which has over $5 billion in assets under management, has reportedly seen its Liquid Token Fund appreciate by 66% during Q1 2024. According to a new report by Bloomberg, Pantera Capital’s $300 million crypto fund ended the first quarter with massive gains due to the rise of digital assets such […]
The post Pantera Capital Records 66% Gain in Q1 for Liquid Crypto Fund – Here’s Some of Its Altcoin Positions: Report appeared first on The Daily Hodl.
Analysts at crypto hedge fund Pantera Capital are naming two altcoin projects they’re optimistic about for the bull run. In its latest Blockchain Letter, Pantera analysts Cosmo Jiang and Erik Lowe say they are looking for crypto projects that are gaining fundamental traction. “Tokens [with] underlying protocols that have product market fit, are guided by […]
The post Two Crypto Projects Will Likely Outperform the Market This Coming Cycle: Pantera Capital Analysts appeared first on The Daily Hodl.
Cryptocurrency analyst Nicholas Merten is expressing bullish sentiment on one Bitcoin (BTC) ecosystem altcoin that’s up by over 70% in a fortnight. Merten tells the 510,000 subscribers of the DataDash YouTube channel that the native token of the decentralized platform dedicated to expanding the functionalities of Bitcoin, Stacks (STX), could rally exponentially. “Stacks is one […]
The post This Bitcoin Ecosystem Altcoin’s on the Cusp of Exploding in Multiples, According to Analyst Nicholas Merten appeared first on The Daily Hodl.
This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week. Conversely, Astar (ASTR) experienced a decline of 6.4%, […]