Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of […]

A crowdfunded effort aims to set Elon Musk and the mainstream media straight.

The CEO of Square Inc. says that “bitcoin changes everything for the better.” His comment followed one from Square’s CFO reaffirming the company’s corporate bitcoin strategy. The CEO also made a commitment to “forever work to make bitcoin better.” Meanwhile, Square and Ark Invest have published a report arguing “for bitcoin as a key driver […]

Ethereum’s (ETH) surge in the first quarter of 2021 has been the hot topic of discussion since the commencement of this year. In fact, this year’s first-quarter earnings alone were more than that of its previous years combined. What’s more, understandably, Ethereum co-founder Vitalik Buterin became the world’s youngest crypto billionaire post the surge in […]

A widely-followed crypto strategist and trader is predicting a 100% rise in Cardano’s (ADA) price following the smart contract platform’s ascent to a new all-time high. In a new tweet, the analyst known as Kaleo tells his 292,700 followers that he believes (ADA) is gearing up for a massive rally after topping its 2018 bull […] The post Cardano To Double in Value Amid Huge Breakout, Predicts High-Profile Analyst appeared first on The Daily Hodl.

XRP threatened to fall back towards the $1-mark in case of a breakdown from the $1.22-support. The Fibonacci Extension tool presented a few targets around $2 for MATIC. Finally, Dogecoin was unable to break above the $0.569-resistance and selling pressure returned to its market. XRP Weekly losses amounted to 11% in the XRP market, at […]

It would not be wrong to assert that altcoins, of late, have become synonymous with meme coins. In fact, one can argue that these meme coins have gradually diverted the market’s attention from better-recognized altcoins. Ruled by the likes of Dogecoin and Shiba Inu, the altseason this time, is more or less the meme-season, and […]

Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins worth almost […]

As digital assets continue to thrive and evolve amidst the traditional financial landscape, governments around the world are trying to exert their control and get the crypto-space under their regulatory ambit. Ever since the Biden administration assumed power in the United States, talks about them regulating the crypto-space have been going on. However, industry leaders […]

Research firm AllianceBernstein is concluding that crypto trading fees on exchanges are too high, but believes the charges will fall over time. In an interview with CNBC, Bernstein analyst Harshita Rawat states that, by tracking the value of fees accrued by traditional stock market exchanges, it can be deduced that trading fees in the sector […] The post Crypto Exchanges Are ‘Over-Earning’ From Retail Investors, Expect Trading Fees To Fall: Bernstein Analyst appeared first on The Daily Hodl.

Dogecoin's surging popularity brought numerous copycats to the crypto scene. Today, we will look at six of them: SHIBA, SHIBAPUP, KISHU, HUSKY, DOGES, DOGET

Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]

Rising trade volume across spot and derivatives exchanges have supported Cardano’s ongoing price rally over the past few weeks and months. The altcoin, at the time of writing, was trading at the $2.32-level, with the crypto gaining by 20% in 24 hours to touch one ATH after the other. The aforementioned hike in price and […]

A Cardano (ADA) launchpad is skyrocketing in price ahead of smart contract integration on the long-awaited blockchain. Cardano project accelerator CardStarter (CARDS) is up over 40,000% since launching in mid-April, catapulting from a price of $0.15 at launch to a high of $60.70 on May 11th. CARDS has retraced since and is trading at $54.19 […] The post New Cardano Accelerator Has Surged 40,000% Since Launch appeared first on The Daily Hodl.

Strategic investor Lyn Alden's outlook on Bitcoin remains bullish despite growing risks

The chief investment officer of the biggest asset management firm in the world is calling Bitcoin an asset with staying power. Rick Rieder, CIO of global fixed income and head of the global allocation team at BlackRock, unveils his stance on Bitcoin in an interview on CNBC. Rieder names what he sees as some challenges […] The post BlackRock CIO Says Bitcoin Is Durable, Will Be Part of Investment Arena for Years To Come appeared first on The Daily Hodl.

The billionaire is bullish on DAO participation, networks with real usage, and mass adoption on the horizon.

After exchanging a few Memorandums of Law over the past few days, Ripple’s legal battle with the U.S Securities Exchange Commission is threatening to go on for more weeks and months. As far as XRP is concerned, the crypto at the center of this lawsuit has concomitantly not fared well lately, subjecting itself to a […]

A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts Crypto Payments The city of Williston in the U.S. […]

If you own tokens or NFTs, dozens of people in the community might have told you about staking. They are not wrong. According to the State of Staking Q1 2021 report by Staked, more than $20 billion was paid out to investors in 2020 in staking rewards. The same report found that the average staking […]

Polkadot’s break above the $46.5-resistance level was backed by strong buying pressure, but volumes needed to be observed for a sustained rally. IOTA needs to rise above its 200-SMA and the $2-mark to initiate a recovery. Finally, Ethereum Classic can be projected to move sideways between $116.8 and $78.1 while awaiting cues from the broader […]

The crypto-space has been dominated by Bitcoin and Ethereum for a few years now, with the king coin often taking center stage over the said period. The last few weeks and months, however, have seen the canvass of the crypto-space change completely. For starters, Ethereum seems to be steadily decoupling from Bitcoin, having started to […]

Outliers in the raw data preceded significant price movements for both AAVE and ALPHA: Coincidence?

Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday. The post Jack Dorsey’s Square has ‘no plans’ to purchase more Bitcoin ‘at this point’ appeared first on CryptoSlate.

New all-time highs keep rolling in for ADA/USD but familiar BTC hodlers have reasons to be "excited" about the coming months.

With Bitcoin trading at around $48,000 and Ethereum trading between $3,900-3950, bearish sentiment was driving most alts at press time. Similarly, selling pressure was evident on the charts for the likes of Tron, BitTorrent. and Monero, with each alt projecting dips at various support levels. Tron [TRX] While some alts were in recovery mode after […]

The mysterious creator of bitcoin has always been a topical conversation and over the years, a great number of self-proclaimed blockchain inventors have said that they once played the role of Satoshi Nakamoto. Of course, none of these so-called Satoshis have ever proven this to the greater cryptocurrency community, but it hasn’t stopped lots of […]

Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem.

The first analyst to apply the stock-to-flow model to Bitcoin is predicting that the leading crypto asset could meteorically rise in the following months as BTC continues to hold its ground in the midst of bearish news. In a new tweet, PlanB tells his 457,000 followers not to rule out a massive Bitcoin rally in […] The post Bitcoin Could See Huge Gains in Six Months, Says PlanB – Here’s How High BTC Can Soar appeared first on The Daily Hodl.

It’s been quite a roller-coaster of a year for Ethereum. When 2021 began, ETH was valued at just over $720 on the charts. At the time of writing, however, ETH was trading just under the $4100-level. Thanks to the scale of its performance, many crypto-enthusiasts have presented their own predictions for Ethereum’s current rally. ‘ETH […]

The SEC v. Ripple lawsuit is inching ahead with every passing day. Right after Ripple filed its Memorandum of Law in opposition to the SEC’s motion to strike on Thursday, the regulatory body reverted back with its own Memorandum of Law, one requesting the court to deny the individual defendants’ motions. In the same, the […]

Bearish signals flashed bright red as NANO went on a tweet-induced (but short-lived) rampage. How can traders take advantage of social media-driven crypto rallies?

Keeping track of online subscriptions and paying for them can be an exhaustive process since often, people lose track of the plans and platforms they have subscribed to. By combining the speed and cost-effectiveness of cryptocurrencies with the practicality of fiat, Revuto is changing the way people pay for their subscriptions. Revuto has been designed […]

DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained. DBS’ New Cryptocurrency Trust Service DBS Group said Friday that its private banking arm, DBS Private […]

LGND Inc. has announced the launch of LGND.art, a premiere NFT marketplace and auction house for artists and creatives to sell digital artwork on a safe, secure, and environmentally conscious platform. LGND.art officially launches on May 16 2021 with exclusive pieces by renowned visual artist, James Jean. Other artists that will launch in the coming […]

Financial journalist Edward Chancellor predicted that launching central bank digital currencies can be catastrophic for Bitcoin.

The development of enterprise DeFi use cases is underway, but mainstream adoption may take longer than expected.

Bitcoin Cash could see another round of selling if $1,200 is flipped over to the bears. Cosmos pictured a bullish trajectory, but the bulls could lose steam if a breakout above $29.7 is denied. Finally, Nano could see a 13% fall towards its 200-SMA in case of a breakdown from its $10.2-support. Bitcoin Cash [BCH] […]

[PRESS RELEASE – Please Read Disclaimer] AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, congratulates PlotX – a cross-chain prediction market protocol on their v2 Mainnet launch on the Polygon Network on May 14 at 12:00 p.m. UTC. PlotX Version 1 (“v1”) was launched in October 2020 […]

Closely-followed analyst Credible Crypto is naming the seven assets that he picked up during the latest marketwide correction. In a new tweet, Credible Crypto asserts that some of the larger market cap altcoins continue to look strong during the abrupt correction, without any dramatic price decreases. According to the trader, the dip provides a prime […] The post Top Analyst Says He’s Loading Up on Ethereum, XRP and 5 Altcoins Amid Widespread Market Correction appeared first on The Daily Hodl.

The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies investing in bitcoin is growing worldwide. In […]

It’s widely believed that even experts can only identify capitulation after it’s already happened. The thing is, in regulated markets unscrupulous Billionaires/ Bond villains have the decency to manipulate the market behind closed doors. Traditional markets don’t have as strong a sign as Elon’s tweet.  The CEO of investment advisory firm Vailshire Capital Management, Dr. […]

As vaccinations continue to be rolled out globally, more countries are starting to open up their borders to tourists.

Most Americans would change banks if their primary one doesn't add bitcoin-related products and services, reveals a recent poll.

A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day.” Scam Allegedly Ran From 2016 to 2020 According to […]

Prominent crypto analyst Alex Saunders of Nugget’s News is unveiling what Cardano must accomplish to have a shot at dethroning Ethereum and become the number one smart contract platform. In an interview with Altcoin Daily hosts Aaron and Austin Arnold, Saunders contemplates whether Ethereum (ETH) will be able to maintain its status as the number […] The post Will Cardano Overtake Ethereum? Crypto Trader Alex Saunders Analyzes ETH’s First-Mover Advantage appeared first on The Daily Hodl.

Chainlink’s target of $50 would see a shift of market control over to the bullish side. Waves might present a stronger buy signal above $37.2. Finally, bearish conditions still presided over the Dash market, but the crypto’s candlesticks were well above the long-term moving average. Chainlink [LINK] Chainlink found support around the $41-mark – a […]

Samsung Electronics has added new support assets for blockchain users with hardware wallets this week. The move will impact mobile Galaxy owners, allowing them to use third-party hardware wallets with the Samsung Blockchain Wallet app. In their press release, Samsung has sought out to explicitly provide hardware support for Ledger Nano S and Nano X. […]

[PRESS RELEASE] We are thrilled to announce that Mozik is the next disruptor launching its IDO on Ignition and BSCPad. The platform takes on the music industry with an innovative format to change how artists and their fans interact through music. We are eager to see your participation during the IDO. Here are some important […]

Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make transactions. Update Allows Galaxy Users to Link Their Crypto Wallets to Cold Storage […]