Viral Keynote 2 Boosts BlockDAG’s Global Dominance as Presale Hits $41.9M; Ethereum ETF Approvals & Avalanche’s Bearish Prices
The SEC recently approved Ethereum ETFs, clarifying Ether’s status as a commodity, but that doesn’t cover staked Ether. Meanwhile, AVAX is currently consolidating, and the recent price analysis for Avalanch indicates a potential breakout.
On the other hand, BlockDAG (BDAG) continues capturing the spotlight in the crypto world, with its presale surpassing $41.9 million through selling 10.8 billion coins and over 7100 mining devices. This surge in presales is caused by the popularity it gained through its global hotspot presence and the latest release of its Keynote 2, which dissects all the technical aspects of BlockDAG. The keynote shows why BlockDAG is poised to be the new crypto bull run of the upcoming years.
SEC’s Approval of Ethereum ETFs
The SEC’s approval of Ethereum spot ETFs clarifies Ether’s status as a commodity but leaves staked Ether and staking in regulatory limbo. SEC Chair Gary Gensler has suggested that staking could violate securities laws. The recent approval lists Ether as a “commodity-based trust share,” aiding crypto firms in legal battles with the SEC.
However, the approval does not cover staked Ether, which remains under scrutiny. Legal experts argue that staking might be seen as a securities transaction if entities manage staked assets. The SEC has already won a case against Kraken for its staking program, highlighting the regulatory challenges ahead.
Avalanche Price Analysis: Crucial Price Levels
Avalanche (AVAX) traders are focusing on three crucial price levels to predict future movements. After peaking at $65.39 on March 18, AVAX has dropped 45% to around $36.72. Avalanche price analysis reveals key support at $31.72, where 866,000 addresses initiated buying AVAX, creating a strong demand zone.
Resistance is at $48.67, with 1.04 million addresses holding AVAX tokens as well, posing selling pressure. AVAX is currently consolidating between $31.32 and $39.89, indicating a potential breakout. Monitoring these levels is crucial for effective trading strategies.
BlockDAG’s Keynote 2 Ignites Presale Surge to $41.9M
BlockDAG is rapidly capturing the spotlight in the crypto world, driven by the success of its second keynote video. This event has propelled BlockDAG’s presale to a remarkable $41.9 million, underscoring its growing influence and investor confidence.
The keynote explores BlockDAG’s cutting-edge technical advancements and groundbreaking innovations. The keynote highlights how BlockDAG has earned accolades from esteemed sources such as Forbes and Bloomberg, emphasizing on BlockDAG’s significant progress, including the release of its X1 App’s beta version and enhancements to their blockchain technology. These developments have clearly resonated with the investor community, further boosting confidence and enthusiasm for BlockDAG’s future.
BlockDAG rose globally after a series of appearances at iconic locations around the world. The journey began with BlockDAG’s first keynote, which was displayed at Shibuya Crossing in Tokyo, followed by a grand celebration of the DAGpaper’s release at the Sphere in Las Vegas. These high-profile events laid the foundation for BlockDAG’s momentum.
Moving forward, BlockDAG’s ambitious global marketing strategy was also evident in its recent high-profile display at Piccadilly Circus in London. This iconic event celebrated BlockDAG’s CoinMarketCap listing, further boosting its visibility on the world stage. The synchronization of this display with the new keynote 2 release has amplified BlockDAG’s brand presence, signaling its intent to dominate the global crypto market.
Conclusion
With the approval of Ethereum ETFs by the SEC, leaving the staked Ether in a regulation limbo, Avalanche price prediction appears bearish for the time being. In contrast, BlockDAG’s global hotspot presence and Keynote 2 have not only driven its presale to new heights but also showcased its strategic vision for global dominance. With innovative technology and a robust marketing strategy, BlockDAG is set to make a significant impact in the cryptocurrency ecosystem, emerging as a top new bull-run cryptocurrency.
Invest in the BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
The post Viral Keynote 2 Boosts BlockDAG’s Global Dominance as Presale Hits $41.9M; Ethereum ETF Approvals & Avalanche’s Bearish Prices appeared first on Cryptonews.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings