Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash.
Hodl is a backronym that acts as an abbreviation for the phrase “hold on for dear life.” It originated from a 2013 post by GameKyuubi on the Bitcointalk forum launched by Bitcoin’s anonymous founder and developer, Satoshi Nakamoto.
Most believe hodl originated as a misspelling of the word “hold,” and it is often used to encourage the cryptocurrency community and investors to refrain from selling a cryptocurrency, especially in a volatile market environment. One of the many slang terms in the crypto space, hodl is also used to denote a bullish sentiment and urges other investors to buy and hold the cryptocurrency for an extended period.
A meme in itself, the term hodl is used widely by the cryptocurrency community today and is similar in sentiment to other terms such as FOMO (fear of missing out), WAGMI (we’re all gonna make it) and BTFD (buy the fucking dip), which are used to connect with a broader and younger audience. While used almost exclusively when discussing cryptocurrencies and other crypto assets, the term hodl is now even being used to convey bullish sentiment associated with other asset classes such as the equity asset class.
Despite the downbeat market, blockchain-based tech — from the internet of things to the metaverse — is primed to represent trillions in new value by 2030.9320
Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions.10394
These Bitcoiners from London have "no regrets" about their decision to sell Bitcoin to start a family.17120
Bitcoin risk-return is now presenting a macro buying opportunity, says Philip Swift as data shows a move from capitulation to accumulation.16226
Bitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse.14856
Homeowners don’t check the price of their homes while drunk at a party, so why check the price of Bitcoin in that way, Michael Saylor joked.14311
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda.3312
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements.
Passive income opportunities allow ETH investors and traders to offset losses during periods of market volatility.29259
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.5335
There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam.7923
The bear market means it's a challenging time for crypto investors — but now, everyday HODLers are gaining access to cutting-edge tools once reserved for Wall Street.2855
An alternative to Ethereum, Fantom is a layer-1 blockchain on which you can stake Fantom (FTM) to earn passive income with crypto holdings.5451
MicroStrategy bought an additional 301 BTC for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter.9814