Author: The Daily Hodl

One US Presidential hopeful is solidifying his spot as the top supporter of Bitcoin (BTC) and crypto. Earlier today, independent Presidential candidate Robert F. Kennedy Jr., former President John F. Kennedy’s nephew, spoke on digital assets at the BTC Nashville convention. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin. I am fully committed.” Though Kennedy is lagging far behind Donald Trump and Kamala Harris in the polls, he is the only Presidential candidate with a long record of supporting digital assets. Though Trump has recently self-proclaimed the title of The Crypto Candidate, he…

A widely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a parabolic move. In a new strategy session, crypto trader Ali Martinez tells his 68,300 followers on the social media platform X that Solana (SOL) could put up a more than 400% gain based on historical precedence. “Solana is looking a lot like July 2021 – $1,000 SOL coming soon!” Looking at the analyst’s chart, he suggests that Solana may be breaking out of a descending triangle for a bullish reversal similar to in July 2021, when SOL soared from around $34 to an all-time…

Digital asset technology company Marathon Digital (MARA) is stocking up its Bitcoin (BTC) holdings. In a statement, the Florida-headquartered firm says it just bought $100 million worth of the flagship cryptocurrency and currently holds over 20,000 BTC on its balance sheet, which is currently worth over $1.3 billion. The cryptocurrency miner says that aside from buying more Bitcoin in the open market, it also plans to keep all of the BTC that it mines as it adopts a full hold on for dear life (HODL) approach towards its Bitcoin treasury policy. MARA’s chairman and CEO Fred Thiel says the full…

The chief executive of the financial giant VanEck says that a Solana (SOL) exchange-traded fund (ETF) is unlikely to be available anytime soon unless one key event occurs. In a new interview on CNBC Squawk Box, VanEck CEO Jan van Eck says that he does not expect their application for a SOL ETF to win approval in the near term, even though Ethereum (ETH) ETFs were approved and launched this week. “We filed for a Solana ETF, and Solana is competing with Ethereum, but I don’t think that’s going to be a short-term listing.” However, when asked if a SOL…

A widely followed crypto analyst and trader believes that one memecoin is heading for the next leg up. Pseudonymous crypto trader Altcoin Sherpa tells his 216,400 followers on the social media platform X that Pepe’s (PEPE) market fundamentals look strong. “PEPE: never got a chance to add at $0.00001111, I’m still in this though. Looks strong as hell. Still a big fan of memes overall.” Pepe is trading for $0.00001128 at time of writing, down 8% in the last 24 hours. Next up, the analyst says Ethereum (ETH) rival Solana (SOL) has more upside potential due to network activity. “SOL:…

Dogecoin (DOGE) could hit a new all-time high during the current cycle, according to a widely followed cryptocurrency analyst and trader. The analyst pseudonymously known as Kaleo tells his 642,600 followers on the social media platform X that Dogecoin is mimicking price action and that the largest memecoin by market cap could skyrocket by between 706% and 1,512% from the current level. “I still believe we’re in a meme coin supercycle and we’ll see DOGE send to $1 – $2. History just says we most likely have a little bit of time left to prep for it before it happens.”…

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin (BTC) while offering his insight into two other digital assets. The analyst pseudonymously known as CredibleCrypto tells his 404,100 followers on the social media platform X that Bitcoin appears “unequivocally bullish” on the high time frames despite the price action on the lower time frames indicating otherwise. According to CredibleCrypto, Bitcoin is currently in a re-accumulation phase and its rise to a price of over $100,000 “will come rapidly.” Bitcoin is trading at $64,110 at time of writing. Turning to Ethereum (ETH), the widely followed analyst appears…

A widely followed cryptocurrency analyst and trader is offering his outlook on a relatively new memecoin built on the Solana (SOL) blockchain. The analyst pseudonymously known as Altcoin Sherpa tells his 218,500 followers on the social media platform X says that he is “still bullish” on Popcat (POPCAT). According to the pseudonymous analyst, cat-oriented memecoins “will do pretty well and play catch-up” going forward. Altcoin Sherpa, however, says that if POPCAT forms a head and shoulders pattern on the four-hour chart, the memecoin could end up plunging lower. A head and shoulders pattern is typically considered a bearish reversal pattern…

Top US-based crypto exchange platform Coinbase is abruptly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game. In a new announcement on the social media platform X, Coinbase says LRDS will be added with an Experimental label, meaning the token is new to the platform or it has low trading volume compared to the broader digital assets industry. “BLOCKLORDS (LRDS) is now live on Coinbase.com in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BLOCKLORDS is a free-to-play, medieval-themed,…

A widely followed crypto analyst says that one smart contract platform could see massive gains while updating his outlook on Bitcoin (BTC) and Dogecoin (DOGE). In a new strategy session, crypto trader Ali Martinez tells his 68,2000 followers on the social media platform X that Ethereum (ETH) competitor Solana (SOL) has the potential to skyrocket by a staggering 900%. “Solana has officially broken out from this bull pennant, suggesting a potential 900% rally ahead.” The strategist’s chart suggests that Solana will break out near the end of summer and skyrocket toward the $1,600 price tag until early 2025. Solana is…