BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.
Friday’s trading session delivered a substantial influx of $979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday’s Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock’s IBIT emerged as the dominant recipient, attracting $375.92 … Read more
Cardano (ADA), a popular proof-of-stake (PoS) blockchain, is at a crossroads in the process of developing a decentralized governance system. Input Output Global (IOG), the main firm behind Cardano, confirmed that it will be supporting the Plomin hard fork on the mainnet as of January 18, 2025. According to a tweet, “We’re happy to share … Read more
SUI Crypto, the blockchain gaining notoriety as a potential “Solana killer,” is making headlines again — this time as an official sponsor of President-elect Donald Trump’s upcoming inauguration. The sponsorship and Eric Trump’s inclusion of SUI in his cryptocurrency portfolio have heightened excitement about the token’s future within the crypto community. Eric Trump Portfolio Shines a Spotlight on … Read more
The cryptocurrency market is buzzing with anticipation as DTX Exchange (DTX) enters the crypto market. With its groundbreaking hybrid trading platform, DTX is drawing comparisons to Solana’s (SOL) meteoric 2021 rally, where the coin skyrocketed by over 17,000%. Now, analysts predict that DTX could go even further, boasting a potential surge of 35,000% as it … Read more
Tuxedos, cocktails, and an air of optimism filled the Andrew W. Mellon Auditorium on Friday night for the highly anticipated Crypto Ball in honor of the incoming Trump administration. And, yes, that cover image is Trump cookies served to all the attendees. I wonder if they were pot cookies? Snoop Dogg was there, after all. … Read more
TL:DR; Within 24 hours of its launch, TRUMP’s price went through the roof at $30, and its market cap soared to roughly $6 billion, according to the two biggest crypto data aggregators. The question now arises whether the newly launched token associated with the president-elect has the legs to become the largest in its field. … Read more
The incoming President’s Solana-based memecoin surged to a market capitalization of over $32 billion just one day after launching.
BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs. Despite the dip, BONK still shows signs … Read more
As the global cryptocurrency market capitalization expands to $3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lagged significantly, falling short of the momentum seen elsewhere in the sector. Stagnation Strikes Ethereum as Its Competitors Surge Ahead Lately, ethereum (ETH), … Read more