The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Key Indicator Shows Bitcoin (BTC) Soaring to New All-Time High, Says Crypto Analyst – Plus Ripple and XRP, Ethereum, Litecoin, Tron, Cardano

by Daily Hodl Staff
May 19, 2019
in Altcoins

[the_ad id=”36860″]

From a long term analysis of Bitcoin’s trajectory to a new study on Ethereum’s biggest whales, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

The winner of CME Group’s annual trading competition in 2016 is plotting the long-term course for Bitcoin.

Eric Choe told his 144,000 followers on Twitter that if the $3,000 area was indeed Bitcoin’s bottom, his first take profit target for BTC is from $12,600 to $15,100. The analysis is based on a weekly look at Bitcoin’s past price action on the crypto exchange BitMEX using Fibonacci levels, which help traders gauge how high a price may move after a pullback is finished.

Choe’s second take profit target is at $22,600, which would happen in 2020 and be a new all-time high for the king of crypto. Bitcoin’s previous all-time high was $20,089 on December 17, 2017, according to CoinMarketCap.

[the_ad id=”36860″]

As for where traders should buy the dip in a Bitcoin reversal, Choe pinpoints that number between $5,200 and $6,300.

https://twitter.com/CryptoChoe/status/1128752205182509056

Ethereum

Crypto analytics startup Chainalysis is preparing to release a study on the effect large Ethereum whales have on the market.

So far, the company’s research shows a third of all Ethereum is held by just 376 people who tend to leave their crypto alone rather than actively trade. When they do trade, however, the study shows a “small but statistically significant” correlation with market volatility, reports Bloomberg.

[the_ad id=”36860″]

Ripple and XRP

Ripple’s global head of banking Marjan Delatinne talked about the role of blockchain in the payments industry at the 2019 Payments Canada summit. According to Delatinne, the speed of payments and inherent trust in each transaction is key.

“What is important, I think the most critical factor is the uptake of the consumers. And this uptake will be very much depending on the level of trust. And this is leading back to, what is blockchain?

Blockchain is trust in a trustless environment. And this is simply because blockchain is an immutable distributed ledger based on cryptographic protocols… It simply means that you can exchange any kind of data, assets, value without having a central party controlling it.”

Litecoin

Flexa Co-Founder Trevor Filter is teasing potential support for Litecoin on the company’s payment app Spedn. Filter recently retweeted a call from Litecoin creator Charlie Lee to add LTC to the platform.

Major retailers including Whole Foods, Nordstrom and Crate and Barrel are adopting the app, allowing shoppers to use crypto to pay for everyday items.

Retweets ? endorsements (…Or do they?) https://t.co/U71uKOEOSg

— trev.eth (@trev) May 16, 2019

[the_ad id=”36860″]

Tron

Tron’s latest overview on the network’s decentralized app (DApp) ecosystem is out.

According to the report, most of the new DApps released on the Tron network are decentralized exchanges or games centered on gambling.

[the_ad id=”36860″]

Cardano

Cardano creator Charles Hoskinson just posted an update on the smart contract platform.

In a new YouTube video, Hoskinson talks about his recent project in Mongolia, the relationship between Polymath and Cardano, and the need for new interoperability standards.

[the_ad id="42537"] [the_ad id="42536"]
 
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 losses 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.
Submit a Press Release

Industry Announcements

  • R0AR Introduces Unified DeFi Platform for Token, Liquidity, and NFT Staking
    June 17, 2025
  • Avail Goes Full Stack To Capture $300 Billion Global Blockchain Infra Market
    June 17, 2025
  • Fans Hash Launches Zero-Barrier Cloud Mining With Daily Payouts and Global Pool Access
    June 16, 2025
  • Universal Digital Inc. Announces Bitcoin Treasury Strategy Across North America and Asia
    June 16, 2025
  • FIFA Rivals Launches Worldwide, Bringing Non-Simulation Arcade Football Action to Mobile Devices
    June 12, 2025
  • Polemos Announces TGE and a Game-Changing Strategic Partnership With BUFF Accelerating Web 3.0 Adoption
    June 12, 2025
  • Bitpanda Opens the Gate to Web 3.0 With Vision (VSN)
    June 12, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$104,682.05
$104,682.05
2.58%
Ethereum
$2,515.14
$2,515.14
2.28%
BNB
$648.42
$648.42
0.79%
Solana
$147.93
$147.93
3.07%
XRP
$2.16
$2.16
4.75%

Spotlight

  • $947,000 Allegedly Stolen From Wells Fargo ATM Machines As Employee Scrambles To Cover Trading Losses: Report
    June 10, 2025
  • Nasdaq Includes XRP, Stellar (XLM), Solana (SOL) and Cardano (ADA) in Firm’s Crypto Index
    June 10, 2025
  • BlackRock Bitcoin Fund Flies Past $70,000,000,000 Faster Than Any Other ETF in History: Bloomberg Analyst
    June 10, 2025
  • Man Sentenced to Federal Prison for Leading Widescale Check Fraud Scheme That Resulted in $165,743 in Losses
    June 10, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl