A widely followed crypto analyst believes that digital assets are in the “first stage” of a bull market. Crypto trader Michaël van de Poppe tells his 729,100 followers on the social media platform X that two trends are indicating a digital asset market with more upside potential. “The first stage of the bull is recognized The post Crypto Trader Michaël van de Poppe Says Crypto in First Stage of Bull Market – Here’s His Outlook appeared first on The Daily Hodl .

2024-10-10 17:30

Real Vision’s chief crypto analyst Jamie Coutts is saying that a major Bitcoin (BTC) metric is flashing a bullish signal. Coutts says that the number of active Bitcoin addresses is rising after a downtrend that lasted for eleven months. According to Coutts, the number of active Bitcoin addresses as a predictive tool remains “one of The post Analyst Jamie Coutts Says One Bitcoin Metric in Bullish Reversal, Predicts BTC Will Hit Over $140,000 This Cycle appeared first on The Daily Hodl .

2024-10-10 14:45

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins. The analyst pseudonymously known as Sherpa tells his 224,200 followers on the social media platform X that Bitcoin is experiencing “extremely tight” price compression as evidenced by the convergence of the 25-period, 55-period, 100-period and The post Crypto Analyst Says Bitcoin in a Potential Big Move Upwards, Updates Outlook on Sui, Aptos and Eigenlayer appeared first on The Daily Hodl .

2024-10-10 12:15

Hedge fund manager Hugh Hendry is betting on Bitcoin (BTC) and low interest rates next year. Hendry says there “always two ever-present tail risks” in a short volatility investment strategy, which aims to profit off decreases in market volatility by selling options. “Do you buy the call option that the Mag-7 become capitalized at 100% The post Macro Guru Hugh Hendry Betting on Bitcoin (BTC) and Lower Interest Rates for 2025 – Here’s Why appeared first on The Daily Hodl .

2024-10-10 10:04

In January 2024, leading private equity firm Blackstone announced it was building a $25 billion AI data empire. A few months later, OpenAI and Microsoft followed suit with a proposition to build Stargate, a $100 billion AI supercomputer that will launch the company to the forefront of the AI revolution. Of course, this is not The post AI Chip Deficit – Alternatives to Nvidia GPUs appeared first on The Daily Hodl .

2024-10-10 06:40

A participant in Ethereum’s 2014 initial coin offering (ICO) has reportedly unloaded more than $113 million worth of ETH in the past couple of weeks. The crypto tracker Lookonchain notes the whale dumped 5,000 ETH worth $12.22 million to a Kraken deposit address on Monday, continuing a selling spree that started last month. Since September The post Ethereum ICO Participant Sells Over $113,200,000 in ETH in Two Weeks: Lookonchain appeared first on The Daily Hodl .

2024-10-10 03:00

Regulators in Taiwan are reportedly planning a trial run of crypto custody services in local banks next year. According to a new report by the Central News Agency (CNA), a media outlet backed by the government of Singapore, Taiwan’s Financial Supervisory Commission (FSC) is planning on letting banks trial digital asset custody services starting Q1 The post Taiwan Regulators Plan Crypto Custody Trial Next Year With Local Banks: Report appeared first on The Daily Hodl .

2024-10-10 01:01

A top analyst known for calling Bitcoin (BTC) bottoms is warning that the rallies witnessed by the crypto markets to start the week may been a bull trap. Pseudonymous analyst Bluntz tells his 279,800 followers on the social media platform X that Bitcoin looks short-term bearish after failing to rally above 0.618 Fibonacci level. Traders The post ‘Reality Check’: Top Trader Says Latest Crypto Rally May Have Been a Trap – Here’s Why appeared first on The Daily Hodl .

2024-10-09 23:00

The head of blockchain analytics platform CryptoQuant says that ancient Bitcoin (BTC) whales are largely remaining dormant. Ki Young Ju tells his 363,800 followers on the social media platform X that the Spent Output Age Bands (SOAB) metric indicates long-term holders of Bitcoin are not moving their coins. The SOAB bundles spent coins into categories The post Ancient Bitcoin (BTC) Whales Still Sleeping, According to CryptoQuant CEO appeared first on The Daily Hodl .

2024-10-09 22:55