Author: The Daily Hodl

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…

Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages of a lengthy rally. The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki (FLOKI) is just beginning its ascent. “+40%, no dips. We are just getting started.” Earlier this month, Inmortal predicted that “god candles” would be coming for FLOKI. At time of writing, FLOKI is trading at $0.000079 and is down 77% from its all-time high. Inmortal also has his eye on Solana (SOL). According to the trader, next month will decide whether…

Tether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves backing its Tether Gold (XAUT) stablecoin. Launched in 2020, XAUT is a digital asset pegged to the price of one ounce of physical gold. According to the new press release from Tether, each token represents direct ownership of gold bars held in secured Swiss vaults. Says Paolo Ardoino, CEO of Tether, “Tether Gold continues to demonstrate the strength and resilience of gold as a store of value, especially in times of economic uncertainty. With XAUT, we’re offering users the…

Crypto asset management firm CoinShares says institutional investments into digital asset vehicles nearly set a new record last week. According to the latest Digital Asset Fund Flows Weekly Report, CoinShares thinks last week’s surge in inflows, which was the third largest on record, was a reaction to tariffs and a weaker US dollar. “Digital asset investment products saw inflows totaling US$3.4bn last week, the largest inflows since mid-December 2024 and the 3rd largest weekly inflows on record. We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have…

A widely followed crypto analyst and trader is forecasting that Bitcoin (BTC) will start outperforming gold. In a new video update, the host of InvestAnswers tells his 565,000 YouTube subscribers that the top crypto asset by market cap should outpace gold over the coming months, as he says the precious metal looks overextended following its parabolic rally to $3,500. “If you look at the steady correlation between Bitcoin and Nasdaq, it is extremely tight because Bitcoin is considered a risk asset, [while] gold is considered a risk-off asset. But here, if you look at the Bitcoin/gold correlation, it fluctuates very…

Democrat Senator Jon Ossoff of Georgia is reportedly calling for Donald Trump’s impeachment, alleging that the president leveraged his memecoin to meet with certain people. According to a new report by CNBC, Ossoff told attendees at a town hall that Trump has already met the standard to face impeachment, but told them such a move would not be possible without Democrats controlling the U.S. House of Representatives. Ossoff says that Trump offering a seat at the dinner table to the top holders of his official meme asset as a means of gaining an audience is an impeachable action. As stated…

Strategy (MSTR), formerly known as MicroStrategy, has added another massive amount of Bitcoin (BTC) to its books. Former Strategy CEO and founder Michael Saylor says the world’s largest corporate holder of BTC just purchased $1,420,000,000 worth of the flagship crypto asset. “MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per Bitcoin and has achieved BTC yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 BTC acquired for ~$37.90 billion at ~$68,459 per Bitcoin.” Saylor also says the company’s Bitcoin buying strategy is helping it outperform other top-tier companies this year. He shares a chart that shows…

Monero (XMR) has outperformed the crypto market so far this week following what appears to be an attempt to launder stolen Bitcoin (BTC) through the “OG” privacy coin. Early Monday morning, XMR skyrocketed from $232 to $331 in about eight hours. In a post on the social media platform X, top on-chain investigator ZachXBT told his 851,000 followers that the spike in XMR appeared to coincide with a “suspicious” transfer out of a Bitcoin wallet. ZachXBT says the BTC was immediately exchanged for Monero, sparking the rally for XMR. “Nine hours ago a suspicious transfer was made from a potential…

An official from the International Monetary Fund (IMF) has confirmed that El Salvador is complying with an agreement to back away from using Bitcoin (BTC) as a reserve asset. In a new press briefing, the IMF addresses a question from financial software company Ion Group asking how El Salvador is still accumulating BTC despite agreeing to stop making any more purchases as part of a loan agreement. El Salvador President Nayib Bukele pushed back against those conditions earlier this year, saying, “’This all stops in April.’ ‘This all stops in June.’ ‘This all stops in December.’ No, it’s not stopping.…

Fresh rallies are in sight for Bitcoin as several on-chain indicators flash green for BTC, according to a prominent analytics firm. On the social media platform X, Swissblock says it expects Bitcoin to ignite a new bull run as investors yank massive amounts of BTC out of crypto exchanges. According to Swissblock, the BTC exchange outflow is reminiscent of activity witnessed in Q4 of last year, when Bitcoin kicked off a rally toward a new all-time high of $110,000. “Exchanges are starting to dry up: BTC outflows surge like late 2024. This signals less selling pressure and more long-term holding.…