Tag: Followers

Crypto Investor Who Called Bitcoin’s Bear Market Bottom Loading Up on Several Altcoins, Predicts Imminent Rally

by Dailyhodl

A crypto analyst who correctly called the precise bottom of Bitcoin’s bear market in June of 2018 says he’s prepared for altcoins to pop.

The analyst, who is known in the industry as SmartContracter, tells his 76,000 Twitter followers he’s looking for altcoins to catch up to Bitcoin after the crypto king surged to a new all-time high of $41,941.

The trader says he’s invested in seven alternate crypto assets. First on his list is the decentralized lending platform Aave (AAVE).

He’s also looking for the decentralized finance (DeFi) lending and exchange platform Cream.Finance (CREAM) to play catch-up to fellow projects in the space.

“Cream is one of the few DeFi projects not completely face melting yet. Solid 70 day accumulation, ascending triangle beginning to form, nice inverse head and shoulder within that uptrend.

This is gagging to breakout and once 129 is cleared next resistance is 241% higher.”

Source: SmartConracter/Twitter

The analyst is also holding the smart contract leader Ethereum (ETH), DeFi yield aggregator Yearn.finance (YFI) and FTX Token (FTT), which is the trading token fueling the derivatives exchange FTX.

He also has a position in Solana (SOL), which is a smart contract platform designed to handle thousands of transactions per second.

The trader says he believes in Solana supporter and FTX co-founder Sam Bankman-Fried, who recently said he’ll bet $100,000 that SOL is above $2.00 in six months.

Bankman-Fried made the prediction on Thursday, and the price of SOL has since soared to $3.11.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Analyst Outlines Key Levels for XRP As Crypto Asset Battles Litecoin’s Rising Market Cap

by Dailyhodl

A popular crypto analyst is outlining his key levels of resistance for XRP as the crypto asset risks dropping behind Litecoin in market cap.

The pseudonymous analyst, known in the industry as Credible Crypto, tells his 91,000+ Twitter followers that XRP investors should watch to see if XRP breaks below $0.215. The asset is trading around $0.236 at time of writing, according to CoinMarketCap.

“As per my recent video update, we were likely to see a rejection at the $0.25-$0.30 level.

We have more clarity from a wave perspective now. My short term bias on XRP will be based on which of these two levels is broken first. Bullish on a break of $0.267, bearish on a break of $0.215.”

XRP’s price has plummeted by about 50% since the U.S. Securities and Exchange Commission (SEC) filed a case against Ripple in late December alleging the San Francisco payments company has engaged in illegal securities offerings of the asset since 2013.

XRP, the fourth-ranked digital asset by market cap, briefly fell to fifth this past weekend as Litecoin (LTC) surged in price.

XRP has since regained its fourth-place spot, though its market cap remains less than $500 million more than Litecoin’s at time of writing, according to CoinMarketCap.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Crypto Whales Quietly Accumulating Ethereum, Says Analytics Firm Santiment

by Dailyhodl

Data from crypto intelligence platform reveals that big money players are quietly accumulating Ethereum amid a surge in the value of the second-largest cryptocurrency.

In a new Twitter post, Santiment tells its 36,600 followers that the number of addresses holding more than 10,000 ETH has increased over the last two months while addresses that own 10,000 ETH or less have decreased over the same stretch.

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“With ETH crossing $750 for the first time in 31 months, we’ve discovered that there are 39 more Ethereum addresses holding 10,000+ ETH compared to just 2 months ago. Meanwhile, the amount of addresses holding 1-10,000 ETH have shrunk over this time.”

Source: Santiment

Santiment’s chart also reveals that the number of addresses holding 1 – 100 ETH plummeted on December 19th. The crypto insights firm notes that a problem related to decentralized finance (DeFi) could have ignited the sharp decline.

“This massive drop from two weeks ago from this group surprised us, too. It could very well have been a DeFi-related anomaly, considering just how big the drop-off was.”

As the number of small-time ETH holders takes a nosedive, crypto trader Alex Saunders says the signal bodes well for the future of the leading smart contract platform.

“Whales accumulate ETH as retail sells. This is exactly what happened to BTC at $10,00 – $13,000 before blast off.”

While Bitcoin keeps reaching new all-time highs, Ethereum has yet to revisit its 2018 record peak of $1,432. At the time of writing, Ethereum is trading around $730, a level that’s nearly 50% lower from its record high witnessed almost three years ago.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Analyst Calls Next Big Altcoin Play As Billionaire Mike Novogratz Invests in Little-Known Crypto Asset

by Dailyhodl

Crypto analyst Alex Saunders is tracking a relatively obscure crypto asset that has caught the attention of Mike Novogratz’s Galaxy Digital.

Saunders is highlighting Galaxy Digital’s investment in RedFOX Labs (RFOX), which he has been telling his followers about since it was a $300,000 micro-cap.

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“While your busy wondering what the next big alt play is, Novogratz and Galaxy Digital just invested in RedFOX Labs. The only Crypto Gaming, DeFi, dApp and NFT incubator in Southeast Asia. I’ve been shilling it to you since $300,000 market cap. It’s now a $30 million market cap.”

RFOX is an ERC-20 token. The company is introducing utility for the token with a December 22nd launch of the second-edition NFT collection for the mobile blockchain game KOGs.

The RFOX token will power the entire RedFOX ecosystem. RFOX will be used for trading fees, to develop liquidity pools, and for the creation of NFTs.

In a press release announcing the investment, Galaxy Digital vice president Jon Kol says that RedFOX labs provides the digital asset management firm with an opportunity to gain exposure to the Southeast Asian crypto market.

“We see Southeast Asia as a market with tremendous potential, and have been keen to get exposure for some time.

Working with RedFOX Labs gets us that exposure and allows us to learn from their expertise operating in the region.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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@bobs_your_aunty @KimDotcom This is why you have 90 followers, you don’t understand technology, the 1st nokia worked on a standard that still allowed you to talk to people on a Cellphone. Bitcoin is the standard, Nokia is wallet. Shitcoins are scams.

by Tone Vays
@bobs_your_aunty @KimDotcom This is why you have 90 followers, you don’t understand technology, the 1st nokia worked on a standard that still allowed you to talk to people on a Cellphone. Bitcoin is the standard, Nokia is https://t.co/f4ayhCYg3g wallet.
Shitcoins are scams.

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Crypto Trader Who Turned $2,300 Into $100K Says Ethereum Will Outperform Bitcoin in 2021

by Dailyhodl

A crypto trader and analyst known for turning a couple thousand dollars into $100,000 in a summer trading competition says he’s ready for Ethereum to outpace Bitcoin in the new year. The pseudonymous investor who goes by the name SalsaTekila tells his 58,000 Twitter followers that he’s accumulated a substantial allocation of the second-largest cryptocurrency […]

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Top Analyst Says Crypto Asset That Jumped 3,600% This Year Presenting Big Opportunity for Traders

by Dailyhodl

A crypto analyst who has gained a large following of fellow traders in 2020 says one of the year’s best-performing assets appears to be gearing up for a second act. Michaël van de Poppe tells his 88,000 Twitter followers that traders should be patient as Bitcoin continues to search for a local bottom. He’s looking […]

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Top Crypto Analyst Says New DeFi Tidal Wave Coming, With Five Coins Poised to Rally

by Dailyhodl

A cryptocurrency strategist and trader who accurately predicted the 2018 Bitcoin bear market bottom is expecting a renewed tidal wave in the decentralized finance (DeFi) space led by five crypto assets. The trader, known in the industry as Smart Contracter, tells his 71,000 Twitter followers that each asset has the potential to print gains between […]

The post Top Crypto Analyst Says New DeFi Tidal Wave Coming, With Five Coins Poised to Rally appeared first on The Daily Hodl.

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Bitcoin (BTC) $ 27,056.25 0.43%
Ethereum (ETH) $ 1,891.34 0.69%
Litecoin (LTC) $ 95.01 0.41%
Bitcoin Cash (BCH) $ 114.49 0.05%