Author: The Daily Hodl
An analyst who continues to grow a following with timely Bitcoin calls believes that BTC is primed to spearhead the next wave of crypto rallies. Pseudonymous analyst Credible tells his 467,100 followers on the social media platform X that Bitcoin’s capital flows indicate that BTC is gearing up for another upside burst. According to the trader, BTC demand appears to be meeting selling pressure above $90,000 as its cumulative volume delta (CVD), an order flow tool tracking the difference between market buy and sell orders, cools off. “Bitcoin is looking really healthy here. Nice impulsive looking move up followed by…
A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to be super bearish once the correction takes place. According to the analyst, a correction should provide an opportunity for investors to enter the crypto market before another leg up. Should a marketwide pullback materialize, Altcoin Sherpa says he plans to accumulate five altcoins. “Coins I…
Blockstream chief executive Adam Back has a huge prediction for Bitcoin’s (BTC) market cap. Back says on the social media platform X that the business intelligence firm Strategy and other companies employing a BTC treasury policy “are an arbitrage of the dislocation between the Bitcoin future and today’s fiat world.” “A sustainable and scalable $100-$200 trillion trade front-running hyperbitcoinization. Scalable enough for most big listed companies to move to BTC treasury.” Back argues a strategy involving the flagship crypto is “a logical and sustainable arbitrage.” “But not forever, the driver is Bitcoin price going up over four-year periods faster than…
One of the top stock exchanges in the world has filed to list a spot-based exchange-traded fund (ETF) for the original memecoin. Nasdaq has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to list a Dogecoin (DOGE) ETF that will be sponsored by 21Shares, a financial firm specializing in crypto investments. Earlier this month, 21Shares teamed up with the corporate arm of the Dogecoin Foundation, House of Doge, for an initiative to launch DOGE exchange-traded products (ETPs) globally. Said Jens Wiechers, Advisory Board Member at House of Doge and Co-Executive Director of the Dogecoin Foundation, at…
Crypto Lending Platform Nexo Returns to US Market on ‘Renewed Optimism and Entrepreneurial Momentum’
Crypto lender Nexo says it’s planning to reopen operations in the United States as the country has become more welcoming of digital assets. In a new thread on the social media platform X, Nexo says it will resume services for American customers after shutting them down about two years ago when running afoul of US regulators. “Nexo returns to the US market. We are embracing renewed optimism and entrepreneurial momentum to deliver our full products to American clients in a supportive environment.” No official date was given. The announcement comes after the company ceased operations and paid a $45 million…
Bitcoin (BTC) is looking more like a safe-haven asset amid the financial wreckage caused by President Donald Trump’s tariff rollouts, according to the digital asset investment management firm NYDIG. Greg Cipolaro, the global head of research at NYDIG, notes in a new analysis that Bitcoin demonstrated some decoupling with equities, US Treasuries and the dollar last week. “Geopolitical tensions, including tariffs, remain topical (despite Trump walking back many of them), but political pressure from Trump on Fed Chair Powell, and even speculation about his potential dismissal that added to market unease. In many ways, this is exactly the kind of…
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease across the world, which he says is highly favorable for risk-on assets such as altcoins and Bitcoin (BTC). “Liquidity is increasing, and therefore, Bitcoin is expected to go up… China has started firing up QE (quantitative easing), Europe has lowered the interest rates and we’re…
Blockchain intelligence platform Lookonchain is highlighting a trader who has profited handsomely from trading in Fartcoin (FARTCOIN), a memecoin built in the Solana (SOL) ecosystem. According to Lookonchain, the unidentified trader is once again going long on the crypto asset and has purchased 488,000 Fartcoin at a total price of $563,000. The trader had previously booked millions of dollars in profits on a Fartcoin position he had invested in earlier when the memecoin was still a micro-cap. “This trader first aped into Fartcoin when its market cap was $32 million, making $4.9 million by buying low and selling high.” Fartcoin…
Crypto acquisitions and public listings are surging in 2025 and have followed a handful of distinct patterns, according to billionaire venture capitalist Chamath Palihapitiya. Palihapitiya cites a recent Wall Street Journal report, which indicates that digital asset firms have been involved in 88 deals totalling $8.2 billion in transaction value so far this year. The WSJ, referencing data from the advisory firm Architect Partners, notes that transaction value is already nearly three times the total in all of 2024. Palihapitiya notes on the social media platform X that the activity this year reflects “five distinct deal patterns.” “1) Bitcoin treasury…
A widely followed crypto analyst says several indicators are suddenly flashing bullish for Bitcoin (BTC). In a new video update, crypto strategist Jason Pizzino tells his 350,000 YouTube subscribers that Bitcoin may be gearing up for an explosive move to the upside after breaking out into the mid-$90,000 range. “Bitcoin broke March’s monthly high, which canceled the macro bearish signal from the top, the signal which essentially called the top in December and January, the signal that called the top from March 2024 that led to a 30%-plus correction. Same sort of deal here, and this time on the macro…