Author: The Daily Hodl

Blockchain tracking firm Lookonchain says one savvy crypto trader is looking at $17.64 million in profits from four artificial intelligence (AI) related digital assets. According to Lookonchain, one anonymous trader raked in multi-million dollar profits on each of the following digital assets that are on the Solana (SOL) network: Goatseus Maximus (GOAT), ai16z (AI16z), Fartcoin (FARTCOIN) and AI Rig Complex (ARC). “What a smart AI coin trader! Profits exceeded $5.14 million on GOAT. Profits exceeded $4.5 million on ai16z. Profits exceeded $4 million on Fartcoin. Profits exceeded $4M on Arc.” Lookonchain says the trader made a more than 8,287% gain…

Bitwise CEO and co-founder Hunter Horsley believes many more publicly traded companies will add Bitcoin (BTC) to their balance sheets in 2025. The head of the crypto asset manager Bitwise says on the social media platform X that investors may see a lot more companies adopting Bitcoin as a corporate strategy this year. “A major theme in 2025 is going to be the arrival of corporates: Bitcoin Standard Corporations. There are many private companies like Bitwise Investments that hold Bitcoin on the balance sheet as well. Exciting to see.” He also cites a report by crypto investor HODL15Capital that shows…

Three low-cap altcoins are surging after the top global crypto exchange Binance, rolled out support for them. In a new announcement, Binance says that it is adding futures contracts for COOKIE, the utility token for the marketing finance (MarketingFi) ecosystem Cookie DAO, artificial intelligence (AI) focused project Alchemist AI (ALCH) and AI agent-related project Swarms (SWARMS). Amid the listing news, COOKIE surged by double percentage points. COOKIE is trading for $0.64 at time of writing, up 11.1% in the last 24 hours. With a market cap of $185.8 million, COOKIE is the 413th largest crypto project. Meanwhile, Alchemist AI is…

Real Vision’s chief digital assets analyst Jamie Coutts says that a nascent but soaring crypto sector could continue its upward trend for a few more months. Coutts tells his 32,100 followers on the social media platform X that he thinks crypto artificial intelligence (AI) agents will continue to perform well in the coming months. Crypto AI agents are protocols built to autonomously perform tasks on behalf of users such as interacting with blockchains and decentralized finance (DeFi) platforms, trading and managing portfolios. Says Coutts, “The last big crypto hype cycle was from November 2020 to May 2021, around six months.…

A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is poised for more rallies after flashing bullish signals on multiple time frames. Pseudonymous analyst Rekt Capital tells his 527,600 followers on the social media platform X that Bitcoin will likely continue its uptrend after flipping a previous resistance level into support on the three-month time frame. The trader shares a chart showing how Bitcoin cemented the $60,000 level as support in Q4 of 2024, putting BTC in a position to soar to even greater heights. “Post-breakout quarterly retest and trend continuation confirmed.” Zooming in, the trader says…

An analyst known for making timely altcoin calls believes that top memecoin Dogecoin (DOGE) is getting ready to ignite a fresh leg up. Pseudonymous analyst Bluntz tells his 306,000 followers on the social media platform X that DOGE appears to be in the early stages of a new five-wave rally on the 12-hour chart. The trader follows Elliott Wave theory, which states that a bullish asset witnesses a five-wave surge before entering an ABC-wave correction. Says Bluntz, “Monster DOGE move overnight, now looking undeniably impulsive again, in my opinion.  The move back up to fresh highs above $0.50 is probably…

Ethereum (ETH) co-creator Vitalik Buterin is suddenly selling off dozens of digital assets, including Neiro (NEIRO) and other memecoins. According to market analytics platform Arkham Intelligence, Buterin has sold Dogecoin (DOGE) and a number of other smaller market cap, lesser-known digital assets on Monday. Pseudonymous on-chain analyst EmberCN provides a list of the Buterin sales on the social media platform X identifying 28 memecoins that sold for nearly $1 million in total The sales include 70 million Neiro for $74,095, and 92,000 DOGE for $35,233. The on-chain analyst says it appears Buterin is consolidating his holdings to send donations to his…

The creator of Base, the blockchain of top US-based crypto exchange Coinbase, says that the company’s stock (COIN) could soon become available on-chain. In a new thread on the social media platform X, Base developer Jesse Pollak says that eventually, every asset in the world will be on Base, including COIN. However, Pollak notes that some traders can already access COIN on Base through asset tokenization protocol Backed.fi, adding that regulatory clarity would “unlock” it for everyone. According to Pollak, Coinbase has not yet formulated concrete plans to bring over real-world assets to the blockchain, which launched in August 2023…

Leading crypto manager CoinShares says institutional investors poured billions into crypto investment vehicles last year, obliterating previous inflow records. In its latest Digital Asset Fund Flows report, CoinShares says that 2024 saw a new record of over $44 billion in institutional digital asset inflows despite the final trading days of the year posting outflows. “Digital asset investment products saw US$585m of inflows for the first 3 days of this year, although for the full week, which includes the last two trading days of 2024 saw net outflows totaling US$75m. The conclusion of 2024 marked a record US$44.2bn of inflows globally, almost…

New data reveals that Bitcoin’s (BTC) network processed $19.2 trillion worth of BTC transactions during the last year. In a new thread on the social media platform X, Pierre Rochard, a vice president of mining firm Riot Platforms, says the huge amount of funds processed indicates that the crypto king is both a store of value asset and a medium of exchange. However, Rochard’s chart indicates that the top crypto asset by market cap saw more funds processed in years prior. In 2021, a staggering $47.7 trillion worth of BTC transactions were processed while in 2022, that number dipped to…