
US-based digital assets exchange Coinbase is analyzing what’s ahead for the crypto markets in the second half of 2022. Starting with Bitcoin (BTC), Coinbase says in a research report that the supply of the flagship crypto asset could shoot up as the actualization of the Mt. Gox compensation plan gets underway in the second half […]
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The closely followed analyst and host of Coin Bureau is issuing warnings on a slew of altcoins that put in good performances last week, but face headwinds as crypto markets correct. In a new update, the pseudonymous analyst known as Guy tells his 2.03 million subscribers that smart contract platform TRON‘s (TRX) rallies after news […]
The post Coin Bureau Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter appeared first on The Daily Hodl.
TRON (TRX) CEO Justin Sun is announcing that a new decentralized stablecoin is launching on the smart contract platform. Sun tells his 3.3 million Twitter subscribers that the TRON decentralized autonomous organization (DAO) has worked in conjunction with other prominent blockchains to launch stablecoin Decentralized USD (USDD). According to an open letter penned by Sun, […]
The post TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets appeared first on The Daily Hodl.
A leading digital assets manager says institutional profit-taking lead to heavy outflows in crypto investment products over the last week. In the latest Digital Asset Fund Flows Weekly report, CoinShares suggests last week’s heavy outflows of $134 million is a result of the previous week’s market value appreciation. “Digital asset investment products saw outflows totaling US$134m […]
The post Institutions Take Profit After Market Rally, but Solana (SOL) and Cardano (ADA) Remain Resilient: CoinShares appeared first on The Daily Hodl.
Analysts at global banking giant JPMorgan say that Ethereum (ETH) competitors will challenge the top altcoin’s decentralized finance (DeFi) dominance of the crypto markets this year. In a recent report, analysts led by JPMorgan managing director Nikolaos Panigirtzoglou say that ETH’s 70% market share of the DeFi space will continue to drop because the blockchain’s […]
The post Terra (LUNA), Avalanche (AVAX) and Four Additional Ethereum Rivals Mounting Serious Challenge to ETH in 2022: JPMorgan Analysis appeared first on The Daily Hodl.
Leading digital asset manager CoinShares says that institutional investors are in disagreement over the latest crypto correction. According to CoinShares, crypto investment products saw nearly $88 million worth of inflows last week. However, the numbers may not tell the full story as some investment providers saw more than 10% of their total assets under management (AuM) […]
The post Panic Sell or Buy the Dip? CoinShares Says Institutions ‘Extremely Polarized’ Over Crypto Market Correction appeared first on The Daily Hodl.