The Daily Hodl
Major Shift in Large Shiba Inu (SHIB) Transactions Underway, According to Crypto Analytics Firm IntoTheBlock
- March 25, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
Popular meme coin Shiba Inu (SHIB) is witnessing a major change in the number of large transactions processed through its network, according to the crypto analytics firm IntoTheBlock.
IntoTheBlock defines large transactions as transfers that are bigger than $100,000 and says the metric “acts as a proxy” for the activity of institutional investors and high-net-worth individuals.
According to the analytics firm, Shiba Inu’s current large-transaction momentum indicator is down 3.08%, which it says is a bearish signal.…
Cardano Creator Charles Hoskinson Says US Government Waging War on Crypto, Urges Industry Leaders To Step Up
Cardano (ADA) creator Charles Hoskinson is calling on crypto leaders to mobilize against the US government’s “war” on virtual assets.
In a new video update, Hoskinson tells his 319,000 Youtube subscribers that the federal government is making anti-crypto moves.
Hoskinson is critical of several actions by the government including sending a Wells notice to Coinbase and denying Custodia’s application to become a member bank.…
Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round
A web3 altcoin that’s flying under the radar has surged to a new all-time high this week amid a fresh $40 million funding round.
Tomi (TOMI) went from trading at $1.36 one week ago to a new all-time high of $5.18 on Friday morning.
The 205th-ranked crypto asset by market cap has since retraced to $3.25, though it remains up more than 138% in the past seven days.…
Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana
A top crypto analyst is mapping the path forward for four crypto assets that have witnessed bullish price action in the last seven days.
In a new strategy session, pseudonymous analyst Cred tells his 49,200 YouTube subscribers that XRP could witness bullish continuation as long as it is above the previous resistance at $0.414.
“If this breakout sticks and XRP does its sort of trend wiping candles where it just moons and sort of retraces weeks and weeks and weeks of selling in a much smaller number of weeks, if that is the case, I think the bigger magnet if you will, or the clearer level for price is about $0.50 to $0.60.”…
Bitcoin Could Easily Rip by Over 140% Amid Banking Crisis, Says Tether CTO Paolo Ardoino – Here’s the Timeline
Tether’s chief technology officer (CTO) Paolo Ardoino is expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset sits below $30,000.
Ardoino says in a new CNBC interview that Bitcoin could “easily retest” its all-time high of slightly above $69,000 reached in November of 2021.
“I’m bullish given all what I said in terms of geopolitical uncertainty…
I’m bullish on Bitcoin.…