The Daily Hodl
-
Crypto Analyst Dives Into Altcoin Bear Market As the Bitcoin (BTC) Halving Nears
- April 20, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
No CommentsA widely followed crypto analyst says Bitcoin relief is on the way as the imminent BTC halving draws closer.
The BTC halving is a pre-programmed event that occurs every four years, slashing BTC mining rewards in half.
Analysts and experts anticipate the next BTC halving should occur in the coming days or even hours.
One analyst, Michaël van de Poppe, tells his 712,800 followers on the social media platform X that BTC has an opportune shot to fight back from the $61,000 region.…
-
$1,300,000 Up for Grabs As Major US City Launches New Guaranteed Income Pilot Program
- April 20, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
One of the biggest cities in the US is preparing to hand $1.3 million to families who are struggling to pay their bills.
The cash will be given with no strings attached to lower income families who qualify in Austin, Texas, reports the ABC-affiliated news station KVUE.
The city council approved the program on Thursday, and the sign up process is not yet up and running.…
-
Two US Senators Introduce New Bipartisan Stablecoin Legislation
- April 20, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
Two US lawmakers unveiled on Wednesday a proposed legislation that will create a regulatory framework for payment stablecoins.
In a statement, senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) say the bipartisan Lummis-Gillibrand Payment Stablecoin Act will protect consumers, enable innovation and promote the dominance of the U.S. dollar while preserving the dual banking system.
“In order to meet the growing demand for our ever-evolving financial industry, we need to craft legislation that strikes the careful balance of establishing a clear and workable framework for stablecoins while protecting consumers.” …
-
Tether Launches USDT on Ton Blockchain, Giving the Stablecoin Access to Telegram Messaging Platform’s Userbase
- April 20, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
Stablecoin issuer Tether (USDT) is launching its dollar-pegged asset over The Open Network (TON), giving it access to the user base of the popular messaging platform Telegram.
In a new article, Tether says that it is launching both USDT and Tether Gold (XAUT), its gold-backed crypto asset, over the layer-1 protocol TON, bringing its total coverage to 15 blockchains.…
-
Quant Analyst PlanB Predicts Bitcoin To Skyrocket by Over 4x – Here’s the Timeline
- April 20, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
Closely followed quant analyst PlanB is predicting that the cycle top for Bitcoin (BTC) will be more than 4x the current value.
The pseudonymous analyst tells his 1.9 million followers on the social media platform X that Bitcoin could put up massive gains after the April 19th halving event based on historic precedence.
He believes the halving event, when miners’ rewards are cut in half, will once again be a bullish factor for Bitcoin and predicts the crypto king will reach a cycle top of about $300,000 by 2025.…