The Daily Hodl

4 days ago | dailyhodl.com | Henry Kanapi

An analyst known for calling the November 2021 crypto bull cycle top says he’s looking to heavily accumulate Bitcoin (BTC) if it drops below $100,000. Pseudonymous analyst Pentoshi tells his 867,700 followers on the social media platform X that he’s long-term bullish on Bitcoin, and he thinks dips below the six-figure price level are golden opportunities to stack more BTC. “I bought 25 BTC to start to scale in. Spot, of course.

4 days ago | dailyhodl.com | Henry Kanapi

The tech-focused investment firm ARK Invest is dumping its massive trove of Circle (CRCL) shares as the stock goes through a big upside burst. Data from Cathiesark.com, which tracks the investment firm’s equity holdings and trades, shows that ARK Invest offloaded $238.2 million worth of CRCL between June 16th and June 20th. On June 20th alone, ARK Invest sold $111.6 million in the stablecoin issuer’s shares just as CRCL’s price erupted by more than 20% in just one day.

4 days ago | dailyhodl.com | Henry Kanapi

Hundreds of thousands of Americans are now at risk of identity theft and fraud after an attacker hit a healthcare firm. In a new filing with the Office of the Maine Attorney General, the Michigan-based McLaren Health Care says 743,131 Americans are impacted by a major cybersecurity incident.

5 days ago | dailyhodl.com | Henry Kanapi

DoubleLine Capital CEO Jeffrey Gundlach says that the trend of American exceptionalism has come to an abrupt end. In a new CNBC interview, the billionaire “Bond King” says that foreign investors have been happily investing in US assets over the last two decades, leading to massive capital inflows to the tune of tens of trillions of dollars. But now, Gundlach says he’s seeing signs that foreign investors are yanking capital out of US markets in favor of the euro and European equities.

6 days ago | dailyhodl.com | Henry Kanapi

Economist and best-selling author Nassim Taleb says a single asset has overtaken the US dollar’s position as the world’s de facto reserve currency. In a new interview with Bloomberg, the Black Swan author says that the US dollar has lost its status as a reliable safe-haven asset, noting that people prefer to invest in the stock market rather than hold a currency that declines in value over time.