The Daily Hodl

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2022 was quite a nightmare for the crypto industry. Its market capitalization shrank by almost 60% over the year, going from $2.2 trillion to $797 billion.

The two leading coins by market cap – Bitcoin (BTC) and Ether (ETH) – also went down by 64% and 67%, respectively.

Terra (LUNA) crashed in May.…

The CEO of the $12 billion financial advisory firm deVere Group, Nigel Green, says investors are seeking alternatives like Bitcoin and crypto as the U.S. enters a new era of quantitative easing.

In a blog post, Green says the U.S. Treasury’s actions after the fall of Silicon Valley Bank represent a new wave of money printing and financial stimulus that has investors looking at ways to preserve their capital.…

A core developer or popular meme asset Dogecoin (DOGE) is unveiling widespread updates to the blockchain as a means of making development on the protocol easier.

In a new announcement, DOGE developer Michi Lumin tells their 32,000 Twitter followers that many changes are coming to the project, including support for QR codes, other languages, message signing, and Windows builds.…

Widely followed crypto strategist Benjamin Cowen is laying out the path forward for Bitcoin (BTC) after the Federal Reserve raised interest rates by 25 basis points.

Cowen tells his 785,000 YouTube subscribers that Bitcoin is likely to experience choppy price action roughly between the $15,500 and $29,000 zone going forward.

“My expectations for this year are very tempered. I think it’s going to be a relatively choppy year.…

A widely followed crypto analyst says the volatile movements of Bitcoin (BTC) distract from its overall upward trajectory.

Pseudonymous crypto trader Rekt Capital tells their 340,000 Twitter followers to beware of distractions caused by short-term volatility in the BTC markets.

“The short-term BTC volatility exists to distract you from Bitcoin’s long-term upside.”

The pseudonymous trader further explains their point in a follow-up message.…