Author: The Daily Hodl

A widely followed crypto trader is issuing a warning on two artificial intelligence (AI)-based altcoins, saying that history shows a 50% drop would be the best-case scenario for them. In a new thread on the social media platform X, pseudonymous crypto analyst Altcoin Sherpa tells his 237,500 followers on the social media platform X that AI-focused projects ai16z (AI16z) and Zerebro (ZEREBRO) being listed on Binance futures is likely a sell-on-news event. According to Sherpa, recent history shows that when assets are listed on Binance futures, they tend to see sharp decreases in price. The trader cites memecoins Fartcoin (FARTCOIN),…

Quantitative crypto analyst PlanB says that Bitcoin (BTC) is gearing up for months of new all-time highs. In a new video update, crypto strategist PlanB tells his 200,000 YouTube subscribers that 2025 will have many months that will see the top crypto asset by market cap reach heights it hasn’t witnessed before. “Historically, if we have an all-time high in price, there’s a high probability that we’ll see more all-time highs in price. We saw that in 2020, 2021, in 2017, and in 2013. A new all-time high leads to another all-time high [and] a whole bunch of other all-time…

Economist Henrik Zeberg says that the Solana (SOL)-based memecoin dogwifhat (WIF) is mirroring Bitcoin’s (BTC) setup from November. In a new post on the social media platform X to this 172,200 followers, Zeberg says WIF could leap to the $19 range. “Just before the large run of BTC in November we saw the same technical strength as we currently see in WIF – Positive Divergence in RSI – MACD about to Cross in a Bullish manner – RVGI moving higher All this while price has been pushing into a Descending Wedge – in larger wave 2. TRANSLATION: WIF is about…

Billionaire Stanley Druckenmiller is exploring new opportunities after dumping more than $2.5 billion in stocks. The famed investor and head of Duquesne Family Office sold all of the firm’s shares of Nvidia (NVDA) last year, along with nearly all of the firm’s stake in Palantir (PLTR). Now, Druckenmiller is beginning to pour some of the firm’s massive cash stockpile into Teva Pharmaceutical (TEVA), buying 1,427,950 shares worth about $30.3 million, reports the Motley Fool. The stock surged more than 100% in 2024, as the company settled opioid litigation and reported strong growth after centering its efforts on brand-name drugs. As…

An altcoin on the frontier of where crypto meets science is coming alive following a new Binance listing. According to Binance, the world’s largest crypto exchange by trading volume just expanded trading services for BIO Protocol (BIO). “Fellow Binancians, Binance is excited to announce that BIO Protocol (BIO) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures…” In the hours following the announcement, BIO flew from $0.6738 to its current going price of $0.8382, a 23.5% increase. BIO is an Ethereum (ETH)-based ERC-20 token. According to the protocol’s website, BIO Protocol…

BitMEX co-founder Arthur Hayes believes one catalyst could help send Bitcoin (BTC) to seven figures as US debt mounts. Hayes tells his 586,800 followers on the social media platform X that if US banks receive a supplementary leverage ratio (SLR) rule change, liquidity could flood the markets, giving Bitcoin a massive boost. A temporary SLR rule change was provided during the COVID-19 pandemic “to ease strains in the Treasury market resulting from the coronavirus and increase banking organizations’ abilities to provide credit to households and businesses.” The SLR determines how much liquidity large banks need to have on hand to…

The chief executive of market intelligence platform CryptoQuant is identifying what could unlock massive demand for Bitcoin (BTC) and other crypto assets. In a new thread on the social media platform X, Ki Young Ju says that 2025 looks like a good year for digital assets as the Donald Trump administration is set to take power, creating a friendlier regulatory environment for cryptocurrencies. “The United States now has the most bullish administration in the 15-year history of Bitcoin. Other countries will follow its lead. Eased regulatory risks will unlock greater demand and opportunities for Bitcoin, stablecoins, and crypto. 2025 looks…

A top crypto strategist thinks Solana (SOL) will continue to outperform Ethereum (ETH) this cycle as interest in the fifth-largest crypto project remains high. Pseudonymous analyst The Flow Horse tells his 253,400 followers on the social media platform X that Solana will likely outperform Bitcoin (SOL/BTC) this cycle the way ETH did in prior cycles. “Of all prior cycle patterns to repeat, I think the one that holds the most weight would be Solana following prior ETH patterns relative to BTC. We already know that the composition of people here has preferred Solana, so barring any exogenous influence, why wouldn’t…

New data shows that the amount of funds that investors pour into Ethereum (ETH) spot exchange-traded funds (ETF) hit a new high in December. According to crypto research platform SoSo Value, the total inflow for Ethereum spot ETF reached $2.10344 billion last month. The number represents 81.5% of the $2.58 billion of the cumulative total net inflow since the financial product launched. The monthly net inflow into Ethereum spot ETFs in December is also nearly twice the $1.07776 billion recorded in November. The data also shows that the Fidelity Ethereum Fund (FETH) currently has the highest net inflow since its…

Economist and Trader Alex Krüger is outlining the path forward for Bitcoin (BTC) while highlighting one crypto asset sector that could outshine others. Krüger tells his 196,700 followers on the social media platform X that Bitcoin will have a bullish year in 2025. “My prediction for 2025 is simple: higher. Nothing has fundamentally changed since November 5th [of 2024 US election]. Bitcoin will have another good year. February will be the best performing month, with the recent Fed hawkishness still holding broader markets back short-term.” Bitcoin is trading at $96,065 at time of writing, around 11% below the all-time high…