Trading

Trader Predicts 1,660% Rally for Under-the-Radar Altcoin, Updates Outlook on Shiba Inu and Chainlink

May 15, 2024 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that astronomical gains are on the horizon for an altcoin initially built on the Ethereum (ETH) blockchain. Analyst Ali Martinez tells his 62,100 followers on the social media platform X that the native asset of a supply-chain management project VeChain (VET) appears to be mirroring its previous cycle’s market […]

The post Trader Predicts 1,660% Rally for Under-the-Radar Altcoin, Updates Outlook on Shiba Inu and Chainlink appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Vitalik Buterin, Peter Thiel Back Betting Platform Polymarket As $125,328,749 Worth of Election Bets Accumulate

May 14, 2024 The Daily Hodl

Daily Hodl

A global prediction market platform has raised $70 million in funding from prominent investors as the 2024 US Presidential Election looms. According to a new press release, Peter Thiel’s Founder’s Fund, Ethereum (ETH) founder Vitalik Buterin and others have invested $70 million in the betting platform Polymarket. Founders Fund led the $45 million Series B fundraising efforts, joined by […]

The post Vitalik Buterin, Peter Thiel Back Betting Platform Polymarket As $125,328,749 Worth of Election Bets Accumulate appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

May 14, 2024 The Daily Hodl

altcoin pyscho

Gamestop and a GME-inspired memecoin are rallying harder as hotter-than-expected inflation data boosts risk appetite in crypto and stocks. The producer price index (PPI), which measures what producers receive for their goods, increased 0.5% in April and was up 2.2% on a 12-month basis, according to the latest release from the Bureau of Labor Statistics […]

The post Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Legendary Trader Peter Brandt Says XRP Looks Headed to Zero Against Bitcoin (BTC) – Here’s Why

May 14, 2024 The Daily Hodl

Bitcoin

Veteran trader Peter Brandt thinks XRP may plummet in value against Bitcoin (BTC) as the pair approaches all-time lows. Brandt tells his 728,900 followers on the social media platform X that the XRP/BTC pair is in danger of moving below its long-term range low. According to the seasoned trader, the target for the range breakdown […]

The post Legendary Trader Peter Brandt Says XRP Looks Headed to Zero Against Bitcoin (BTC) – Here’s Why appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Wallets Dormant Since 2013 Abruptly Move Over $60,000,000 in Bitcoin (BTC) – Here’s Where the Crypto’s Headed

May 14, 2024 The Daily Hodl

Bitcoin

Two wallets that held a combined 1,000 Bitcoin (BTC) for more than 10 years have suddenly awoken from their slumber, according to on-chain data. The crypto tracker Lookonchain notes that the first wallet received 500 BTC worth $62,000 on Sept 12th, 2013, when the price of Bitcoin was $124. The second wallet received the same […]

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Economist Henrik Zeberg Says Extreme Rally Ahead for Crypto and Stocks – But There’s a Big Catch

May 14, 2024 The Daily Hodl

Altcoins

Closely followed economist Henrik Zeberg is revealing his outlook for stocks and crypto for the coming months. The macro strategist tells his 139,600 followers on the social media platform X that he believes stocks and crypto are gearing up for big rallies that may endure until the end of the year. Zeberg points to two […]

The post Economist Henrik Zeberg Says Extreme Rally Ahead for Crypto and Stocks – But There’s a Big Catch appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Low-Cap Altcoin

May 14, 2024 The Daily Hodl

AIOZ

A popular crypto strategist is naming two Ethereum (ETH) challengers that he thinks will rise faster than the rest of the market once conditions improve. Pseudonymous analyst The Crypto Dog tells his 776,800 followers on the social media platform X that he’s long-term bullish on Near (NEAR). According to the trader, NEAR has been one […]

The post Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Low-Cap Altcoin appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Brazil leads LATAM crypto trading with $6B volume in 2024

May 13, 2024 Coin Telegraph

Brazil

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

Crypto trade volumes in Brazil have spiked in the first months of 2024. According to data from Kaiko Research, crypto trading activity in the country is up 30% year-over-year.

From January to early May 2024, crypto trading volume denominated in Brazilian real reached $6 billion, marking a 30% increase from the previous year. Thus far, in 2024, the country has ranked as the largest market in Latin America and the seventh-largest worldwide in terms of fiat currency trade, said Kaiko.

In the first four months of 2024, crypto trading volume in the Mexican peso was $3.7 billion, while the Argentine peso volume was approximately $300 million.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Trader Who Called May 2021 Collapse Updates Bitcoin Outlook, Says Bottom Likely In for BTC – Here’s Why

May 13, 2024 The Daily Hodl

Bitcoin

A trader who accurately called the beginning of the 2021 bear market meltdown says that the low for Bitcoin (BTC) is likely already in, based on historical patterns. Pseudonymous analyst Dave the Wave tells his 190,000 followers on the social media platform X that Bitcoin’s monthly moving average convergence divergence (MACD) indicator has slightly contracted, […]

The post Trader Who Called May 2021 Collapse Updates Bitcoin Outlook, Says Bottom Likely In for BTC – Here’s Why appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion

Bitcoin Has Officially Left the ‘Danger Zone’ As BTC Starts Week in the Green, According to Crypto Analyst

May 13, 2024 The Daily Hodl

Bitcoin

A closely followed crypto analyst believes Bitcoin (BTC) is entering into a bullish reversal phase after a post-halving correction. The pseudonymous analyst known as Rekt Capital tells his 466,400 followers on the social media platform X that Bitcoin seems to be following a 2016 cycle pattern when Bitcoin dipped after the halving event – during […]

The post Bitcoin Has Officially Left the ‘Danger Zone’ As BTC Starts Week in the Green, According to Crypto Analyst appeared first on The Daily Hodl.

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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion