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Ripple Nabs New Legal Victory in XRP Lawsuit As Judge Denies SEC Access to Documents

Ripple just nabbed a new legal victory in its battle with the U.S. Securities and Exchange Commission (SEC). Federal Judge Sarah Netburn is denying the SEC’s request to compel Ripple to produce documents connected to its past lobbying efforts. Netburn has previously denied the SEC access to Ripple’s communication with lawyers. The judge cited that denial […]

The post Ripple Nabs New Legal Victory in XRP Lawsuit As Judge Denies SEC Access to Documents appeared first on The Daily Hodl.

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Altcoins

Here’s How High Chainlink Will Rise This Cycle, According to Crypto Analyst Benjamin Cowen

The fate of top oracle project Chainlink (LINK) lies with Bitcoin, remarks crypto analyst Benjamin Cowen. Cowen tells his 463,000 YouTube subscribers that Bitcoin has taken over the current phase of the market. Chainlink (LINK), like other altcoins, initially had a knee-jerk reaction to BTC’s pullback last month, according to the trader. “LINK does not […]

The post Here’s How High Chainlink Will Rise This Cycle, According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

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bitcoin

After Predicting Bitcoin Collapse to $23,000, Macro Strategist at Fidelity Abruptly Changes Crypto Outlook

Global macro strategist at Fidelity Investments, Jurrien Timmer, is updating his outlook on Bitcoin’s trajectory after previously calling for a $23,000 bottom. Timmer first made the $23,000 call on June 1st. His prediction was based on the Elliot Waves Theory, a technical analysis method that forecasts price fluctuations by mapping out repeating patterns of waves. […]

The post After Predicting Bitcoin Collapse to $23,000, Macro Strategist at Fidelity Abruptly Changes Crypto Outlook appeared first on The Daily Hodl.

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bitcoin

Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente

On-chain analyst Will Clemente is observing a change in the habits of long-term Bitcoin holders. Clemente says that the net position change of long-term Bitcoin investors is now in positive territory, indicating that the number of BTC being ‘hodl’d’ is increasing. “HODLer Net Position Change has flipped green for the first time since October.” According […]

The post Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente appeared first on The Daily Hodl.

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bitcoin

Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente

On-chain analyst Will Clemente is observing a change in the habits of long-term Bitcoin holders. Clemente says that the net position change of long-term Bitcoin investors is now in positive territory, indicating that the number of BTC being ‘hodl’d’ is increasing. “HODLer Net Position Change has flipped green for the first time since October.” According […]

The post Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente appeared first on The Daily Hodl.

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ada

Top Trader Mega Bullish on Cardano, Says Three Little-Known Altcoins Could Be Gearing Up for Big Rallies

A high-profile pseudonymous crypto trader is sharing his bullish takes on Cardano (ADA) and three relatively unknown altcoins. The analyst, known in the industry as Capo, tells his 134,000 Twitter followers that he is painfully optimistic about Ethereum-competitor Cardano’s future heading into the rest of 2021. “I’m so bullish on ADA that it hurts.” The trader […]

The post Top Trader Mega Bullish on Cardano, Says Three Little-Known Altcoins Could Be Gearing Up for Big Rallies appeared first on The Daily Hodl.

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bitcoin

MicroStrategy Selling $1,000,000,000 in Stock With Plans To Buy More Bitcoin

Enterprise analytics software firm MicroStrategy plans to issue additional shares to potentially finance the purchase of more Bitcoin. According to a U.S. Securities and Exchange Commission (SEC) filing, the Michael Saylor-led firm says it will issue and sell class A common stock to raise up to $1 billion from “time to time” using the investment […]

The post MicroStrategy Selling $1,000,000,000 in Stock With Plans To Buy More Bitcoin appeared first on The Daily Hodl.

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Altcoins

Altcoins Could See Major Market Shift if Bitcoin Breaks This Level, According to Nicholas Merten

Altcoins may be about to witness a major market shift if Bitcoin (BTC) breaks a certain level, says closely-followed crypto analyst Nicholas Merten. In a new strategy session, Merten tells his 461,000 subscribers that the news of El Salvador embracing Bitcoin as legal tender could be the catalyst that sparks a new narrative favoring the […]

The post Altcoins Could See Major Market Shift if Bitcoin Breaks This Level, According to Nicholas Merten appeared first on The Daily Hodl.

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bitcoin

Panic in Crypto Markets Mostly Over, According to Pantera Capital’s Dan Morehead – Here’s Why

Crypto investment firm Pantera Capital thinks that panic in the crypto markets following the marketwide collapse in May is waning off. Dan Morehead, chief executive of the firm, says that the markets saw a downtick primarily due to a combination of three events: news about China’s reported crackdown on digital assets, Elon Musk’s heel turn […]

The post Panic in Crypto Markets Mostly Over, According to Pantera Capital’s Dan Morehead – Here’s Why appeared first on The Daily Hodl.

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bitcoin

19 Trillion-Dollar Firms Have Bought Bitcoin – Digital Asset Manager Reveals Why

As crypto adoption continues to establish itself in the mainstream, this digital asset management firm is showing where Bitcoin ownership is spreading among institutional investors. London-based Nickel Digital Asset Management, established in 2018, reveals new research that there are now 19 publicly traded companies, each with over a $1-trillion market cap, that collectively invested $6.5 […]

The post 19 Trillion-Dollar Firms Have Bought Bitcoin – Digital Asset Manager Reveals Why appeared first on The Daily Hodl.

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