Author: The Daily Hodl

Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025. Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year. The Ripple president also says payments-focused altcoin XRP is “likely to be the next in line” in terms of ETF approvals. Multiple ETF providers filed Form S-1 registration statements for XRP ETFs with the Securities and Exchange Commission (SEC) last year, including Bitwise Asset Management, 21Shares, Canary Capital and WisdomTree. The SEC greenlit…

A closely followed crypto analyst says that Bitcoin (BTC) could see a sharp decrease if it fails to hold a crucial zone of support. In a new strategy session, crypto trader Ali Martinez tells his 110,700 followers on the social media platform X that sell pressure could see the crypto king plunge all the way back down to $74,000 if it fails to maintain the $92,000 price level. “A surge in selling pressure pushing Bitcoin below $92,000 could spell trouble. Falling past this level opens the door to a steep drop, with little support until $74,000.” The trader’s chart –…

Ethereum (ETH)-based games developer Illuvium (ILV) just announced that it is joining hands with Virtuals Protocol, a platform that allows users to create their own artificial intelligence (AI) agents that are capable of performing tasks autonomously. In a series of posts on social media platform X, Illuvium says the partnership will allow it to tap on Virtuals’ GAME Framework, the protocol’s decision-making engine that enables AI agents to autonomously execute actions based on provided information. “We’re leveraging http://Virtuals.io’s modular framework to create autonomous, decision-making NPCs (non-playable characters) that enhance gameplay and interactions.” Illuvium is optimistic that the collaboration will place…

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets. According to a new press release, play-to-earn gaming platform Ronin (RON) is inking a partnership with Transak, a platform that lets investors purchase NFTs and the ecosystem’s tokens using debit and credit cards, just like they would purchase anything else online. “Transak’s fiat-to-crypto infrastructure is now live on Ronin, offering users a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum) and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit…

Crypto analytics firm Santiment says that meme asset Dogecoin (DOGE) is set up for an explosive move to the upside if the digital assets market starts to rebound. According to Santiment, the top memecoin by market cap is ready for a breakout after plummeting more than 30% from its recent high of $0.46 in early December. Santiment says that there is a big potential for a DOGE surge based on a steep decline in market sentiment for the digital asset as measured by social media mentions. Says Santiment, “Markets historically move the opposite direction of the crowd’s expectations.” DOGE received…

A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months. The pseudonymous analyst, however, says that Solana will only rally if Bitcoin (BTC) remains “stable”. According to analysts, any solid pullback by Solana should offer an attractive entry opportunity. Looking at the trader’s chart, he seems to suggest that SOL will meet resistances at $228,…

A new analysis from financial services giant Fidelity suggests a new wave of inflation in 2025 could benefit Bitcoin (BTC). Chris Kuiper, the director of research at Fidelity Digital Assets, the firm’s crypto arm, says in a new report that “stubborn” inflation and fiscal deficits suggest it’s possible the US could enter a period of stagflation – an unfavorable economic environment dominated by stagnant economic growth, high inflation and sometimes high unemployment. Kuiper notes Bitcoin’s reaction would depend on the fiscal and monetary response to stagflation. “If fiscal and monetary institutions chose to fight the ‘stag’ part of the problem…

A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) over the short term. The analyst pseudonymously known as Bluntz tells his 307,000 followers on the social media platform X that Bitcoin’s price action is “concerning” amid the flagship crypto asset failing to hold above the $100,000 level. According to the pseudonymous analyst, Bitcoin is likely to head lower before appreciating to a new all-time high over the next couple of weeks. Based on Bluntz’s chart, Bitcoin could fall to a key support level before rising in a series of waves to reach a new all-time high.…

Real Vision’s chief digital assets analyst Jamie Coutts believes Bitcoin (BTC) will be at a significantly higher price six months from now. Coutts tells his 32,400 followers on the social media platform X that the Fed will likely make additional rate cuts in the near future that would inject more liquidity into the markets and cause Bitcoin to surge. Coutts shares a chart showing the historical relationship between the global money supply (M2) metric and Bitcoin, suggesting an M2 increase would send BTC higher. “With the strong dollar becoming a real problem, I expected Bitcoin to be in the $80,000…

Veteran crypto trader Tone Vays has flipped bullish on Bitcoin after exiting his BTC long positions in late November. Vays tells his 290,200 followers on the social media platform X that he exited all of his Bitcoin long positions on November 22nd at $97,800, though he decided to buy back in now that it’s 2025. “Now that the year is over, I am now back to fully long in Bitcoin as of this afternoon at a price of around $100,000.”  Bitcoin set an all-time high of $108,135 on December 17th. Vays notes in a new YouTube video that he prefers…