Whales Bet Big on Memecoins Amid Dip
DailyHodl: Crypto whales are making significant memecoin trades, with one losing $21M on $TRUMP and another buying $MELANIA after a price rebound. #Update #Crypto $TRUMP (-6) ↘
DailyHodl: Crypto whales are making significant memecoin trades, with one losing $21M on $TRUMP and another buying $MELANIA after a price rebound. #Update #Crypto $TRUMP (-6) ↘
DailyHodl: Analyst @CryptoMichNL predicts a quick bounce and rally for altcoins post-correction, advising retail investors to mimic large investors by buying $BTC and altcoins. #Update #Crypto $BTC (+3) ↗
DailyHodl: President Donald Trump reportedly earned over $800 million from the Official Trump memecoin, now the 40th-largest crypto by market cap, per @Coinbase director Conor Grogan. #Update #Crypto $TRUMP (+7) ↗
DailyHodl: U.S. Marshals miss Senator Cynthia Lummis’ deadline to explain the fate of seized Silk Road Bitcoin, raising concerns over $BTC management and potential taxpayer losses. #Update #Legal $BTC (-6) ↘
DailyHodl: Pseudonymous trader @CryptoKaleo predicts an “up only” phase for altcoins, highlighting $PEPE and $SOL as potential gainers after recent market corrections. #Update #Crypto $PEPE (+4) ↗
DailyHodl: El Salvador removes Bitcoin’s legal tender status under IMF pressure, making acceptance voluntary to secure a $1.4 billion funding deal. #Update #Crypto $BTC (-6) ↘
DailyHodl: PlanB predicts $BTC will hit a minimum of $270,000 by 2025, with RSI indicating potential parabolic rallies. Current price: $96,789. #Update #Crypto $BTC (+3) ↗
DailyHodl: Arthur Hayes predicts global monetary expansion will drive $BTC to $1M, citing US, China, and Europe printing more money to achieve economic goals. #Update #Crypto $BTC (+3) ↗
DailyHodl: Bitwise CIO Matt Hougan says Washington’s new crypto stance could attract trillions in institutional capital, potentially altering the four-year market cycle. #Update #Crypto $BTC (+6) ↗
DailyHodl: @Grayscale seeks SEC approval to convert its $16.1M XRP trust into an ETF, but Bloomberg’s Seyffart predicts $LTC ETF approval first due to regulatory challenges with XRP. #Update #ETF $LTC (+3) ↗
DailyHodl: XRP struggles below $2.95, risking further decline to $2.72, while $BTC remains stable amid tariff threats; Solana eyes new highs despite resistance at $250. #Update #Crypto $XRP (-4) ↘
DailyHodl: @UBS is testing its tokenized gold product, UBS Key4 Gold, on Ethereum’s $ETH layer-2 ZKsync for improved global functionality. #Update #Crypto $ETH (+3) ↗
DailyHodl: An audit by BDO Global reveals @Tether_to had $7 billion in excess reserves at 2024’s end, with significant holdings in cash, metals, and Bitcoin. #Update #Crypto $USDT (+3) ↗
DailyHodl: Crypto analyst @Pentosh1 predicts a 75% chance of a major market upswing, targeting $4.2 trillion total cap; $ETH could reach $4,000. Current ETH price: $3,099. #Update #Crypto $ETH (+6) ↗