Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market cap to $5.5 billion over the quarter, placing it as the 20th largest crypto asset (currently at the 26th position), the protocol’s on-chain metrics remained strong. This is in contrast to larger cryptocurrencies such as Bitcoin and Ethereum, which saw their market capitalization decline by 12% and 6%, respectively, over the same period. The key driver behind Polygon’s stability in network performance during the second quarter of the year, according to Messari, was the implementation of Ethereum Improvement Proposal (EIP) 4844 on the Polygon mainnet in Q1 2024. This upgrade, which introduced “blobs” to the network, significantly reduced the average transaction fee on Polygon from $0.017 to just $0.01, resulting in a decrease of 41.1%. As a result, Polygon’s revenue derived from network transaction fees fell 40.6% to $4 million in Q2 2024. However, this drop was not due to a decrease in user activity, but rather the lower fees enabled by EIP-4844. In fact, Polygon’s user metrics continued to soar, with the protocol seeing strong growth across several key indicators. On-Chain Activity And Ecosystem Growth According to the report, the average number of daily active addresses climbed to 1.2 million, a 47.6% increase quarter-over-quarter (QoQ). The average number of daily returning addresses rose even more, up 50.5% to 1 million. Moreover, new addresses being added to the network grew by 31.7% to 167,800 per day on average. The report also notes that Polygon’s transaction volume also held steady, averaging 4.1 million daily transactions, just below its all-time high and representing a 3.9% increase from the prior quarter. In comparison, fellow Layer 2 networks Arbitrum (ARB) and Base saw average daily active addresses of 545,000 and 528,000 respectively. While Polygon’s decentralized finance (DeFi) total value locked (TVL) dropped 22.9% to $1 billion, this was largely attributable to the decline in MATIC’s price rather than a net outflow of capital. Messari reported that TVL denominated in MATIC actually increased by 38.1% to 1.8 billion tokens. However, DeFi protocols on Polygon saw mixed results, with Aave, Uniswap, and SushiSwap all experiencing declines in TVL ranging from 13% to 25%. Quickswap saw the largest drop at 35%. Lastly, Polygon’s non-fungible token (NFT) market also remained stable, with average daily NFT volume dipping slightly by 5.7% to $1.8 million. However, the number of daily NFT sales actually increased by 1.8% to 52,000, underscoring ongoing collector interest. At the time of writing, MATIC has experienced a mere 5% increase to a trading price of $0.512, after hitting a 2-year low of $0.428 on July 5th. Coupled with this worrying price action, the token has seen a 30% decrease in trading volume over the past few days, amounting to $197 million, according to CoinGecko data. All of this has resulted in an 82% difference to MATIC’s all-time high of $2.91, which was set during the 2021 bull run. Featured image from Shutterstock, chart from TradingView.com

STIX, a new Web3 platform focused on meme promotions and competitions, has announced a successful raise of $1.8M in a private fundraising round. As the platform gears up for its beta and token launches, this new funding milestone underscores the growing interest and investment in the innovative intersection of Web3 technology and digital culture. With backing from several prominent institutional funds and crypto influencers, STIX wants to redefine how memes are created, shared and monetized. STIX is a derivative project of Stickerly, one of the world’s largest Web2 user-generated content (UGC) sticker publishing platforms. With 30 million monthly active users and over 400 million lifetime users, Stickerly has become a ubiquitous tool for creating and sharing stickers across popular messenger apps like Telegram and WhatsApp. This extensive user base and intuitive interface provide a robust foundation for STIX’s Web3 ambitions. By leveraging Stickerly’s distribution platform, STIX introduces a gamification layer that will transform meme culture into an engaging and rewarding experience. Users can participate in regular popularity competitions where the most popular memes earn token rewards and receive heavy promotion on both STIX and Stickerly. This integration not only enhances user engagement, but also drives the adoption of crypto culture among non-crypto native audiences, fostering a seamless transition from Web2 to Web3. At the core of STIX’s vision is the belief in the intrinsic value of UGC culture. The platform offers a unique value proposition by combining mainstream discovery, monetization, and gamification of memes with real-world utility as stickers in messenger apps. This multifaceted approach positions STIX as a potential dominant player in the UGC aggregation layer for crypto culture. The recent fundraising round saw participation from notable investors such as Presto Labs, Selini Capital, and Mythos Group, alongside numerous crypto key opinion leaders (KOLs) like Altcoin Sherpa. Their support highlights the widespread recognition of STIX’s potential to revolutionize the meme economy. The oversubscription of the fundraising round is a testament to the enthusiasm and confidence in STIX’s innovative approach. Looking ahead, STIX has planned an airdrop slated for the end of August, with participation opportunities available through missions on CREATOR, a creator-focused platform that recently partnered with STIX. As the platform prepares for its official and token launches, further updates will be shared through the STIX account on X, keeping the community informed and engaged. STIX’s fundraising round is a milestone in the evolution of meme culture within the Web3 space. By integrating the power of UGC with the latest blockchain technology, STIX can offer unprecedented opportunities for creators and users alike.

The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new post on X, Santiment has discussed how the various top coins in the cryptocurrency sector look on the MVRV Z-Score. The “Market Value to Realized Value (MVRV) ratio” is a popular indicator that, in short, measures the deviation between the total value held by the investors of an asset (that is, the market cap) and what they used to purchase it (the realized cap). When the value of this indicator is positive, it means the holders of the given coin as a whole are currently holding net unrealized profits. On the other hand, the metric being below zero suggests the dominance of losses in the market. Now, here is the chart shared by the analytics firm that shows the trend in the MVRV Z-Score for different top assets by market cap over the past few months: As displayed in the above graph, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Toncoin (TON) are all currently in the positive territory of the MVRV Z-Score, suggesting that their average traders are currently enjoying profits. At the same time, XRP (XRP), Cardano (ADA), Shiba Inu (SHIB), Chainlink (LINK), Polygon (MATIC), and Uniswap (UNI) are witnessing their investors carrying a higher unrealized loss than profit. Generally, the investors in profits are more likely to sell their coins, and the likelihood of this profit-taking only increases with more gains they hold. As such, a high MVRV Z-Score has historically led to tops for any cryptocurrency’s price. Of the four assets in positive territory of the indicator right now, Toncoin has the indicator at the highest level, suggesting that a selloff due to profit-taking could be probable for it. In the case of the coins inside the negative region, their prices could see a bullish outlook instead, as there may not be many sellers left for them now. Shiba Inu and Uniswap are particularly seeing the most deviation between the market and realized cap. “If you believe markets are about to surge, history says that buying into assets that traders have experienced the most pain in have a greater probability of netting high returns for you,” notes Santiment. As such, coins like SHIB may be offering the best buying window right now, according to the MVRV Z-Score. SHIB’s Price Analysis Shiba Inu has consolidated sideways over the past month as its price still trades around the $0.0000168 mark.

During the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin exchange-traded fund (ETF) issuer VanEck, made headlines with his revealing comments about his personal Bitcoin holdings. Van Eck Reveals Personal BTC Holdings During his appearance at the conference, Van Eck began by sharing his perspective on Bitcoin’s growth and evolution over time, likening it to a “teenager” that is not yet fully formed, as many investor classes have not yet joined the market. Addressing his investment approach, Van Eck revealed that in his conversations with other attendees at Bitcoin conferences, he has found that they tend to hold significantly more Bitcoin in their portfolios. He further stated: Interestingly, when asked about his portfolio, Jan Van Eck replied that he owns “well over 30%” in Bitcoin without disclosing the amount in BTC or USD. This disclosure comes as VanEck recently published a report outlining a significant bullish long-term price projection for BTC, suggesting that the Bitcoin price could reach a value of $2.9 million per coin by 2050. $2.9M Bitcoin Forecast By 2050 Per the report, Bitcoin’s scalability issues, which have historically hindered widespread adoption, will be resolved through the emergence of advanced Layer-2 (L2) solutions. By combining Bitcoin’s “immutable property rights and sound money principles” with the increased functionality of Layer 2 technology, the asset manager envisions creating a new, globally accessible financial system. Under this optimistic scenario, the VanEck team believes that by 2050, Bitcoin could be used to settle 10% of the globe’s international trade and 5% of the world’s domestic trade. According to the report, this level of adoption could lead to central banks holding 2.5% of their assets in Bitcoin, driving the price of the largest cryptocurrency on the market to a substantial $2.9 million per coin by the year 2050. In addition, the report estimates that Bitcoin L2 solutions could be worth a total of $7.6 trillion, or approximately 12% of Bitcoin’s total projected value. The asset manager further noted: At the time of writing, BTC was trading at $67,600, up over 4% in the last 24 hours, after hitting a weekly low of $63,500 on Thursday. Featured image from DALL-E, chart from TradingView.com

Crypto analyst Kevin (formerly OG Yomi) has made a bullish case for Dogecoin (DOGE). Based on his analysis, the foremost meme coin could replicate its 2021 bull run when it enjoyed a price gain of 18,000%. Dogecoin Could Soon Replicate Its 2021 Bull Run Kevin suggested in an X (formerly Twitter) post that Dogecoin could soon replicate its 2021 run when it made a price gain of 18,000%. This came following his statement that DOGE is two to three weeks away from achieving its first weekly golden cross in four years. The analyst noted that the meme coin went “parabolic” for six straight months and enjoyed a price rally of 18,000% the last time this happened in 2021. Crypto analysts like Javon Marks have also raised the possibility of Dogecoin replicating its 2021 run and even surpassing it at different points in this market cycle. Marks predicted that the foremost meme coin could enjoy a price rally of over 21,000% in this bull run and rise to $17. This prediction is based on Dogecoin’s historical breakout trend, in which the meme coin has enjoyed more significant price rallies in every subsequent bull run. More recently, Marks stated that Dogecoin’s rise to $0.6533 is only a matter of time and that the meme coin could enjoy a 90% price rally to $1.25. While the analyst’s price prediction of $17 is undoubtedly ambitious since it will give Dogecoin a market cap of about $2.4 trillion, the price target of $1 looks more feasible, and this is a price level that some other analysts, like Altcoin Sherpa, have agreed that DOGE can reach. In the meantime, investors hope that Dogecoin can successfully achieve the Golden Cross and that history will repeat itself. DOGE is well in need of such a move, considering how the foremost meme coin has underperformed in comparison to other major meme coins like Pepe (PEPE), Floki (FLOKI), and Dogwifhat (WIF). One Last Opportunity To Buy DOGE Crypto analyst The Cryptomist recently suggested that investors will have one last opportunity to buy Dogecoin at a discount before it makes its parabolic move. Based on a rising wedge pattern highlighted on Dogecoin’s chart, she predicts that the foremost meme coin will still drop to as low as $0.08 and possibly $0.05. However, she is bullish on Dogecoin long-term, stating that the foremost meme coin has a “high chance” of reaching $1 this year. Crypto analyst Crypto Kaleo also recently predicted that Dogecoin could drop to as low as $0.08 before it runs to $1. At the time of writing, Dogecoin is trading at around $0.129, up over 4% in the last 24 hours, according to data from CoinMarketCap.

The quest for the next major digital asset heats up as the cryptocurrency market rebounds from recent declines. The price prediction for Cronos (CRO) indicates potential upward movement, while the forecast for DAI underscores stability issues amid market volatility. Conversely, BlockDAG is drawing significant attention, especially with UFC champion Alex Pereira as its ambassador. This partnership has generated a buzz, placing BlockDAG at the forefront of emerging cryptocurrencies. Investors are keenly observing BlockDAG’s progress, anticipating significant milestones that could lead to substantial gains. Cronos (CRO) Price Outlook: Key Levels to Monitor Cronos (CRO) is currently trading around $0.14, boasting a market cap of $3.87 billion and a 24-hour trading volume of $24.87 million. Despite a 4% rise in the past 24 hours, CRO has struggled to maintain momentum, reflecting moderate performance over the last week. The critical resistance level stands at $0.17, with a crucial support level at $0.09. Historically, CRO experienced notable gains in early 2021 but had a less impressive 2022. Investors should view potential bearish momentum or a price below $0.14 as attractive entry points for the Cronos (CRO) investment. DAI Projections Amid Market Volatility Dai (DAI), a stablecoin aimed at maintaining a 1:1 peg with the US dollar, is facing challenges due to current market volatility. DAI, typically seen as a safe haven, has recently struggled to maintain its peg, dipping to $0.99. This slight deviation underscores the difficulties stablecoins face during intense market fluctuations. Given the bearish sentiment in the crypto market, technical experts advise beginner traders to exercise caution. The DAI outlook remains uncertain, highlighting the importance of thorough market analysis and risk management. BlockDAG’s Strategic Moves: Collaborating with UFC Champion BlockDAG is making waves with its strategic partnership with UFC champion Alex Pereira. This collaboration boosts BlockDAG’s visibility and aligns it with Pereira’s reputation for strength and resilience. Much like Pereira’s dominance in the ring, BlockDAG aims to dominate the cryptocurrency market. The BlockDAG presale has been very successful, raising $61 million in Batch 20. With the current price of $0.015, experts predict that BlockDAG’s value could soar to $20 by 2027. The significant potential of BlockDAG has sparked considerable interest in the crypto community, establishing it as one of the most promising emerging cryptocurrencies. BlockDAG has a well-planned roadmap and is on track to meet its development goals. As BlockDAG achieves more targets, its position in the crypto market will solidify. The projected 30,000X return on investment at launch is expected to create new millionaires, ensure continued growth and innovation, and attract significant interest from investors seeking high-potential opportunities. Key Takeaways Cronos (CRO) demonstrates potential with recent price movements, while DAI faces challenges in maintaining its stability. However, BlockDAG’s partnership with Alex Pereira has significantly enhanced its credibility. With a successful presale raising $61 million and projections of a $20 coin value by 2027, BlockDAG is poised for exceptional growth. Investors seeking promising opportunities should consider BlockDAG, which stands out among emerging cryptocurrencies due to its substantial growth potential. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Recent insights from a CryptoQuant analyst suggest that Bitcoin’s recent price action could be the beginning of more substantial movements. The analyst, sharing insights on QuickTake, points to historical data on Bitcoin’s price trends and newcomer activities. This data comparison shows that the most significant bull cycles in Bitcoin history have often peaked when the influx of new investors reaches a specific threshold—a phenomenon fueled by a fear of missing out (FOMO) among new entrants. Bitcoin Quiet Buildup Interestingly, the current cycle presents a deviation from this established trend. Instead of experiencing new inflows at price tops, Bitcoin’s price ascent this time does not align with a significant increase in newcomer investments. This observation suggests that current upward price trends are not the result of a massive influx of new market participants but rather likely supported by different factors within the broader financial ecosystem. The current bull cycle’s support appears to rely heavily on the introduction and performance of spot ETFs (Exchange-Traded Funds) focused on Bitcoin. These financial products have provided both seasoned and new investors a regulated pathway to invest in Bitcoin, potentially stabilizing its price without the direct participation of newcomers typically seen in past cycles. However, as the market adjusts to these instruments, the same CryptoQuant analysis suggests a potential shift may be on the horizon. According to the analysis, the minor wave of new inflows observed in the first quarter of 2024 is a precursor to what might become more pronounced market behavior in future cycles. The analyst elaborated that the lack of major new entrant inflows near price tops at these levels could indicate that Bitcoin will likely experience longer periods of upside move when more existing and novice investors start participating in the market. This pattern, once initiated, could lead to more strong and longer-lasting bull markets compared to those triggered by temporary FOMO. BTC Market Performance and Outlook Meanwhile, Bitcoin is still seeing some fairly bullish price action. So far, the asset is still maintaining its price mark above $65,000, with a current trading price of $67,495, up by 3.8% in the past 24 hours. Amid this price performance, notable analysts in the space have continued to be bullish on Bitcoin, sharing their respective optimistic views on its price action. Just recently, an analyst known as Moustache on Elon Musk’s social media platform X disclosed an interesting observation on BTC’s chart. According to the analyst, Bitcoin has been copying the famous Wyckoff Reaccumulation Model, indicating that a major surge is on the horizon. Featured image created with DALL-E, Chart from TradingView

The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify their investments. Wisconsin, Jersey City, Michigan Allocate Millions To Bitcoin ETFs The first state to take the plunge was Wisconsin, which in May 2023 allocated approximately $98.6 million, or 2% of its pension fund, to BlackRock’s iShares Bitcoin Trust ETF. Now, two more states have joined Wisconsin in allocating state pension funds to Bitcoin ETFs. On Thursday, NewsBTC reported that the mayor of Jersey City, Steven Fulop, announced that it is updating its paperwork with the SEC to allow its pension fund to invest in Bitcoin ETFs. The latest state to join the Bitcoin ETF investment bandwagon is Michigan; as in an SEC filing on Friday morning, the State of Michigan Retirement System reported owning $6.6 million worth of shares in the ARK Bitcoin ETF managed by Ark Invest, amounting to 110,000 shares as of June 30th. However, Jersey City remains the only one that discloses the percentage of the fund’s investment in the Bitcoin ETF market and which asset manager will be selected to manage the fund’s allocation. Still, this notes the significant traction that the new Bitcoin ETF market has gained over the past seven months among institutions and now these states, adding to the notable inflows and assets under management surpassing the $17 billion milestone, eclipsing tech-based ETFs. BTC Price Rebound Fueled By Spot ETFs The Bitcoin price has steadily recovered over the past two weeks, rebounding from a 6-month low of $53,500 at the beginning of July. However, according to a new report by on-chain and market data analytics firm CryptoQuant, this price recovery has continued to rely on spot Bitcoin ETFs rather than a surge of new investor inflows. The CryptoQuant report examined Bitcoin price movements and new investor holdings over the past 8 years and found that in previous long-term bull cycles, the Bitcoin price peaked when the number of new entrants crossed a certain threshold, indicating a strong “fear of missing out” (FOMO) driving inflows. However, the firm contends that the current Bitcoin bull cycle does not exhibit the same trend of new investor inflows at price tops. Instead, the report noted that the recent spike in new inflows seen in the year’s first quarter appears to be just a temporary wave between longer-term cycle tops. This suggests that Bitcoin’s recent price recovery has been driven more by the inflows into spot Bitcoin ETFs rather than a surge of new investors entering the crypto market. While spot ETFs have supported the Bitcoin price, the report indicates that a more sustainable upside will depend on a return of new investor demand. When writing, the largest cryptocurrency on the market was trading at $67,530, up nearly 5% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com

SUI is rebounding impressively, with a 30% increase from its quarterly low, catching eyes with an optimistic forecast. Shiba Inu also intrigues, with SHIB price movements signaling great potential. However, BlockDAG steals the show. BlockDAG, joining forces with UFC champion Alex Pereira, has quickly become today’s top-performing crypto. With its presale soaring to $61 million and prices surging by 1400% from the start, BlockDAG is reshaping market expectations. Analysts see its price rocketing to $10 by 2025, positioning BlockDAG as the go-to investment for shrewd investors. This strategic partnership has catapulted BlockDAG to the forefront of the crypto world, promising a champion-like performance. SUI Price Forecast: A Strong Recovery on the Horizon The native token of the SUI blockchain, SUI, has witnessed a revival in interest this week. The price forecast reflects a robust recovery, climbing over 30% from a three-month low of $0.6000, now breaching the 20-day EMA with a 38% overnight volume increase. Currently priced at $0.8053, SUI has surged significantly today. Over the last month, SUI dipped by 1.90% but has risen by 1.20% annually. Positioned 48th by market cap at $2.02 billion, SUI is poised to break the $1 barrier soon. The forecast suggests a promising short-term reversal is in play. Shiba Inu Price Expected to Surge Top analysts are forecasting a noteworthy rise in Shiba Inu’s price, with predictions ranging from $0.0001 to $0.0002 based on Elliott Wave patterns. SHIB has climbed 13% in the past week, reclaiming the $0.000018 level. Experts like Michael and platforms such as More Crypto Online suggest Shiba Inu is moving from corrective to impulsive waves, indicating an upcoming bullish phase. Essential price targets are set at $0.00002345 and $0.00010114, with the Shiba Inu forecast underlining key support and resistance levels, hinting at potential substantial gains. BlockDAG & Alex Pereira: Envisioning a 999,900% Upsurge BlockDAG’s strategic alliance with UFC star Alex Pereira marks a pivotal leap in its quest to dominate the crypto presale scene. Bringing on Pereira not only adds excitement but also underlines BlockDAG’s immense growth potential. Coinciding with an already successful presale phase, this partnership amplifies BlockDAG’s appeal. With top-tier technology and high-profile partnerships, BlockDAG is on an upward trajectory. Alex Pereira’s global appeal, coupled with BlockDAG’s technological innovations, aims to attract a wider audience and build investor confidence. This collaboration showcases how leading sports figures can illuminate emerging tech, bridging cryptocurrency with mainstream visibility. Following this partnership, BlockDAG’s presale rocketed to $61 million, reaching sales of 12.2 billion coins by batch 20. Currently priced at $0.015, the price has skyrocketed by 1400% from its initial $0.001. Experts project a rise to $10 by 2025, signaling an exponential growth potential of 999,900%. This forecast generates excitement and urgency among investors, positioning BlockDAG as a game-changer in the crypto arena. Final Analysis Amidst promising forecasts for SUI and potential rises in Shiba Inu’s price, BlockDAG’s partnership with UFC champion Alex Pereira has significantly elevated its market position. This strategic move ensures BlockDAG remains the standout crypto today. With its presale accumulating $61 million and projections of a $10 valuation by 2025, BlockDAG’s path is poised for stellar success. This positions BlockDAG as an unparalleled opportunity for investors seeking major growth and innovation in the crypto market. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

After cooling to 2.6% in May, the US PCE inflation rate dropped to 2.5% in June. At its meeting in July, the central bank is expected to maintain the interest rate constant. The crypto community was anticipating today’s Core PCE inflation report with much anticipation. Inflation dipped to 2.5% in June from 2.6% in May, as reported most recently. Importantly, it has also been consistent with what the market was expecting, while June’s core inflation rate was flat. After cooling to 2.6% in May, the US PCE inflation rate dropped to 2.5% in June, according to newly published statistics from the Commerce Department. The market was expecting a comparable inflation number for June, which is worth noting. The figures for Personal Consumption Expenditure (PCE) remained steady in May. But when adjusted for month-on-month variations, it came in at 0.1%. Inflation stayed at 2.6% in June, according to the Core PCE Index, which was higher than the market forecast of 2.5%. Compared to the previous month, the Core PCE index shows an increase of 0.2% on a month-over-month (MoM) basis. All Eyes on Fed The present market performance of the cryptocurrency market suggests that investors have responded favorably to the lowering of inflation statistics. Nevertheless, the contradictory data seems to have intensified speculation over the Federal Reserve’s expected next step with its policy rate plans. After a week of wildly fluctuating prices, the cryptocurrency market recovered and surged by almost 4% today. Market sentiment, which was already elevated today over excitement around the Bitcoin Conference 2024, seems to have been further bolstered by the most recent mixed inflation statistics. Nevertheless, the Core PCE statistic and the drop in the MoM have stoked debate over the Fed’s position on their intentions to decrease interest rates. At its meeting in July, the central bank is expected to maintain the interest rate constant, according to the experts. Highlighted Crypto News Today: Michigan Pension Funds Adds Spot Bitcoin ETFs in Bold Move

The cryptocurrency market in 2024 showcases diverse trends, with BlockDAG at the forefront as a standout crypto, thanks to significant achievements. Market watchers are buzzing about BlockDAG’s strategic alliance with UFC champion Alex Pereira, which has sparked global excitement. BlockDAG amassed a remarkable $61 million during its presale phase, signaling strong growth. This achievement was further highlighted by a recent CGI video that showcased BlockDAG’s supremacy over well-known cryptocurrencies. Meanwhile, Binance Coin (BNB) is demonstrating resilience in its price recovery, facing the next resistance, and UNUS SED LEO’s market cap has witnessed considerable growth following a brief dip. BNB Shows Resilience Amid Market Swings Despite market volatility, Binance Coin (BNB) has demonstrated resilience, trading between $455 and $625 amidst heavy selling pressure. Bullish sentiment persists, intending to break the $580 resistance level. Indicators such as the Relative Strength Index (RSI) at 42 and the 10-day Simple Moving Average (SMA) aligning with the 100-day average suggest a bullish trend. Immediate support is at $480; surpassing $580 may propel BNB to the next resistance at $605. UNUS SED LEO Market Cap Tops $5.36 Billion With a market capitalisation of $5.36 billion, UNUS SED LEO (LEO) has cemented its strong position in the cryptocurrency market. Recently, LEO experienced a 0.5% dip against the dollar but managed a 2.1% gain over the past week. The last 24 hours saw a trading volume of $345,972.52, with LEO priced at $5.78 per token. This achievement underscores LEO’s resilience and stability, maintaining active trading on major exchanges and reflecting its robust presence despite slight market fluctuations. BlockDAG’s Presale Triumph with UFC’s Alex Pereira BlockDAG’s strategic partnership with UFC champion Alex Pereira has notably increased its visibility and presale success. Pereira, known for his precision and power in kickboxing, mirrors BlockDAG’s innovative path in the crypto world. This collaboration has significantly lifted BlockDAG’s profile in the global crypto scene and was key to the presale success, nearly reaching $61 million with a 1400% growth in price. Furthermore, Pereira’s involvement has drawn both sports fans and crypto enthusiasts, enhancing BlockDAG’s appeal. His prowess in the ring reflects BlockDAG’s strategic and strong stance in the competitive crypto market. As Pereira’s primary sponsor, BlockDAG demonstrates its commitment to excellence and innovation, resonating with sports and crypto supporters. This synergy has undoubtedly boosted interest and confidence in BlockDAG’s offerings, with over 12.3 billion coins sold during the presale. Additionally, a recently released CGI video has fueled this momentum, effectively illustrating BlockDAG’s dominance with innovative and secure technology, showcasing its rise above other well-known cryptocurrencies. This vivid depiction has sparked significant enthusiasm within the community, driving the presale’s success and solidifying BlockDAG’s position as a top cryptocurrency. Final Call BlockDAG’s collaboration with UFC champion Alex Pereira exemplifies precision and strength, greatly enhancing its presale success with $61 million raised by selling over 12.3 billion coins. The recently released CGI video has also stirred the market, highlighting BlockDAG’s dominance over familiar cryptocurrencies. Unlike BNB and UNUS SED LEO, experts believe BlockDAG’s consistent innovation and high-profile partnership will continue to drive its rapid growth and market appeal, positioning it as a future leader in the crypto world. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

The new company intends to provide crypto custody solutions to institutional investors. FTX Japan is a subsidiary of the collapsed FTX exchange. Following its acquisition of FTX Japan, BitfFlyer Holdings intends to introduce possible crypto-based ETFs. After completing the purchase of all outstanding shares of FTX Japan, BitFlyer now owns 100% of the company. According to a tweet by bitFlyer Holdings CEO Yuzo Kano on July 26th, the new company intends to provide crypto custody solutions to institutional investors. The CEO stated: FTX Japan was a subsidiary of the collapsed FTX exchange, which went down in November 2022, resulting in the loss of customer assets worth at least $8.9 billion. FTX was once the second-largest cryptocurrency exchange in the world in terms of trading volume. Banking on ETF Frenzy With the acquisition of FTX Japan, the cryptocurrency sector may move closer to the creation of the first crypto ETF in the Japanese market. According to Kano, the first cryptocurrency exchange-traded funds (ETFs) in Japan will be launched soon. ETFs have the potential to greatly augment the price increase of the underlying cryptocurrency asset. By the time Bitcoin hit the $50,000 mark on February 15th, roughly 75% of the new investment in the biggest cryptocurrency in the world had come from exchange-traded funds. Franklin Templeton, a behemoth in the asset management industry, has teamed up with SBI Holdings to launch a brand new crypto ETF management firm, marking yet another huge step forward for crypto ETFs. On July 26, the two companies formally inked a joint venture via an MoU. Highlighted Crypto News Today: Federal Reserve Ends Enforcement Actions Against Silvergate Bank

BitFlyer Holdings has acquired 100% of FTX Japan’s outstanding shares. BitFlyer CEO Yuzo Kano believes the launch of Japan’s first crypto ETFs is only a matter of time. In a move for the Japanese cryptocurrency market, BitFlyer Holdings has completed the acquisition of 100% of FTX Japan’s outstanding shares, effectively making it a wholly owned subsidiary. This strategic acquisition paves the way for BitFlyer to explore new avenues, including the potential launch of crypto-based exchange-traded funds (ETFs) and the provision of crypto custody solutions for institutional investors. Yuzo Kano, CEO of BitFlyer Holdings, shared the company’s ambitious plans in a July 26 post on X (formerly Twitter), emphasizing the need for a company with robust security technology to safely store the physical Bitcoin (BTC) that will serve as the backing asset for the ETFs. Through its custody business, BitFlyer aims to establish itself as an industry infrastructure, serving as a public service for the crypto ecosystem. FTX Japan’s Tumultuous Past FTX Japan was previously a part of the now-defunct FTX exchange, which was once the world’s second-largest crypto exchange by trading volume. However, the exchange collapsed in November 2022, resulting in a staggering $8.9 billion in lost user funds. BitFlyer’s acquisition of FTX Japan marks a new chapter for the subsidiary, with the potential to restore investor confidence and drive innovation in the Japanese crypto market. BitFlyer CEO Yuzo Kano believes that the acquisition of FTX Japan could bring the crypto industry one step closer to the launch of the first crypto ETFs in Japanese markets. Kano asserts that the launch of Japan’s first crypto ETFs is merely a matter of time, drawing parallels to the United States, where the inflow of funds from institutional investors has accelerated since the listing of Bitcoin ETFs. Kano’s optimism is well-founded, as ETFs have the potential to significantly contribute to the price appreciation of the underlying crypto assets. For instance, by February 15, Bitcoin ETFs had accounted for approximately 75% of new investment in the world’s largest cryptocurrency, coinciding with its rise above the $50,000 mark.

Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year. XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She noted that the crypto token has been holding quite well as traders and investors are again becoming bullish on XRP due to its “improving fundamental backdrop.” She alluded to the long-running legal battle between the US Securities and Exchange Commission (SEC) and how Ripple CEO Brad Garlinghouse recently stated that he expects the lawsuit to end “very soon.” RLinda also mentioned the rumors that the SEC’s closed-door meeting on July 25 was related to a potential settlement with Ripple. As such, these bullish fundamentals have led to rising trading volumes, prices hitting local highs, and increased whale activity. Bitcoinist recently reported that XRP whales accumulated over 140 million XRP tokens this past week. Network activity on the XRP Ledger (XRPL) has increased significantly, with a notable increase in the number of new addresses on the network and total addresses interacting on the network, both metrics at their highest levels since March. This again highlights the bullish sentiment that investors are beginning to have towards XRP in anticipation of higher prices. These investors expect that the conclusion of the legal battle between the SEC and Ripple could trigger a massive rally for XRP, especially considering that this case is believed to have been a stumbling block to XRP’s growth in the 2021 bull run. XRP is also long overdue for such a rally, seeing how it has consolidated for over six years. As such, an end to the lawsuit could provide the much-needed catalyst to spark such price movement. Interestingly, crypto analysts like JackTheRippler previously predicted that XRP could climb as high as $100 once the case between the SEC and Ripple ends. Key Price Levels To Watch Out For RLinda mentioned that the price range between $0.6378 and $0.5712 is worth paying attention to from a technical perspective. She claimed that XRP’s price may test liquidity below the support before subsequent growth if it fails to break the resistance level at $0.6378. She also highlighted another crucial resistance level at $0.7440. Meanwhile, according to RLinda, $0.5712 and $0.5100 are crucial support levels that XRP needs to hold above, as a drop below these levels could invalidate its bullish outlook. The analyst again alluded to the lawsuit and asserted that it would give XRP a “second life.” She suggested this could lead to a successful breakout from the $0.6378 price level, which she added will “open a new path” for the crypto token. At the time of writing, XRP is trading at around $0.6, up almost 1% in the last 24 hours, according to data from CoinMarketCap.

Silvergate was able to wind down its activities, reimburse clients, and cease to be a bank. The collapse of Silvergate Bank in March 2023 was accompanied by extensive conjecture. On July 26, 2024, the Federal Reserve Board stated that Silvergate Bank and the Silvergate Capital Corporation would not be subject to any further enforcement actions. The notice states that the board’s enforcement action was halted since Silvergate was able to wind down its activities, reimburse clients, and cease to be a bank. The collapse of Silvergate Bank in March 2023 was accompanied by extensive conjecture about the bank’s terrible financial status. With 72% of the company’s equity borrowed to establish short positions, Silvergate’s stock was the second-most shorted stock on Wall Street in February 2023, only one month earlier. Tragic Collapse Unfortunately for Silvergate, the bank delayed the publication of their 10-K form until early March 2023, which only made issues worse. All publicly traded corporations in the US are legally obligated to file a Form 10-K. This form gives investors information about the company’s financial health. Stock of Silvergate dropped 31% as a result of the delayed disclosure. Not long after these warning signals appeared, on March 8, 2023, Silvergate went bankrupt. Claiming losses due to FTX’s demise and large customers withdrawing their money from the affected institution. The Federal Reserve Board of Governors oversaw the bank’s self-liquidation strategy. In order to make sure it reimbursed customers as much as possible. Despite regulatory control, some damaged parties were not happy with the disclosed liquidation plan. And lawsuits were brought against the now-defunct bank. A number of senior personnel, including CEO Alan Lane, departed the firm in August 2023. Due to the ongoing liquidation and increasing legal issues. Highlighted Crypto News Today: Ripple’s XRP-Powered Payment Platform Expands to Over 80 Markets

Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. From RNDR To RENDER Last year, the Render Network Foundation changed from Ethereum (ETH), where it was initially launched, to Solana (SOL). The move followed a community vote that passed two major upgrades for the Network. According to the announcement, the Solana switch was “proposed for faster transactions, cheaper fees, and the project’s needs to achieve more ambitious goals with more on-chain data and transactions.” The community also voted to rebrand the token from RNDR to RENDER, which would conclude in 2024. This month, the foundation informed users that many crypto exchanges, including Binance, Kraken, OKX, Crypto.com, and KuCoin, would automatically swap the RNDR tokens for the rebranded token on a 1:1 ratio. On Monday, the RNDR delisting from crypto exchanges began ahead of the scheduled migration on July 26. Exchanges halted most operations with the token, negatively impacting its performance over the week. Moreover, Whales seemingly contributed to the impact of the token’s price. Online reports revealed that some major holders sold their RNDR following the news, dragging the price from above the $7 support level to below the $6.5 price range. The token continued to plunge in the following days, dropping below the $6 mark, a 17% drop in four days. Nonetheless, the highly anticipated migration and listing of the new RENDER token seems to have kickstarted a price recovery. AI Token Skyrockets 17% Following Binance Listing The newly rebranded crypto AI token surged over 17% today after being listed by crypto exchange Binance. On Friday, the exchange announced that RENDER had been added to Binance Simple Earn, Buy Crypto, and Binance Convert. Additionally, it revealed that the Binance Margin and Futures options would be available today for the AI token. Meanwhile, the Auto-Invest option will be added on Monday, July 29. On that date, Kraken, the crypto exchange, will also list the RENDER and delist the RNDR. Investors and market watchers expressed their optimism over the rebrand and Binance listing. An X user claimed that, as the project begins this new era, “the RENDER token with this fresh chart of around $6.5 lows has potential to reach unimaginable heights.” Crypto analyst Coinboss considers that the token could “do a flipperino” if it has a clean break out above the $7 resistance level. A successful retest of the target could potentially lead the token to reclaim the $11 mark, further fueling a surge above RNDR’s all-time high (ATH) of $13.53. Another pseudonym crypto analyst believes RENDER could reach $10 soon, stating, “Thanks for the fud. See you above $10.” Some users also consider that investors will regret not getting the “greatest buying opportunity.” In the last 24 hours, the crypto AI token has seen a remarkable 140% surge in market activity, with $83.1 million daily trading volume. As of this writing, RENDER is trading at $6.89, a 15.6% rise in the past day.

The state spent around $6.6 million for 110,000 shares of the ARK 21Shares Bitcoin ETF. The crypto sector has seen a major breakthrough with Michigan’s decision. Adding Spot Bitcoin ETFs to its pension funds, the state of Michigan has taken a daring step in the crypto market. The state spent around $6.6 million for 110,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), according to a recent SEC filing. The increasing demand for Bitcoin and its associated investment products is reflected in this shift. The crypto sector has seen a major breakthrough with Michigan’s decision to participate in the ARK Bitcoin ETF. Adding Bitcoin to its investment portfolio is a significant move for the state’s pension fund. Also, the decision is in line with previous ones made by other states. And indicates that more and more institutions are starting to accept cryptocurrencies. Growing Institutional Interest State pension funds are becoming bullish on bitcoin, as seen by Wisconsin’s $160 million investment in Bitcoin ETFs, which was previously disclosed. Furthermore, other regions have also shown interest in crypto investments. Coinciding with the state’s decision to add Bitcoin to its pension fund. Jersey City unveiled intentions to include Bitcoin exchange-traded funds (ETFs) into its pension fund allocation the day before Michigan made its announcement. Moreover, despite the short-term volatility of cryptocurrencies, Jersey City Mayor Steven Fulop has stated his support for them in the long run. Also, he said that fresh paperwork is being filed with the SEC by the city. And that they hope to finish by summer’s end. Furthermore, a growing number of institutional investors are showing interest in the cryptocurrency sector. As shown by the trend of state pension funds purchasing Bitcoin ETFs. Highlighted Crypto News Today: Can Crypto Mining Platforms Find The Goldilocks Zone?

Ripple has announced that its payment platform has expanded into more than 80 markets and countries worldwide. The company emphasizes the importance of crypto liquidity in enabling seamless, cost-effective, and reliable transactions. Ripple’s liquidity efforts have resulted in near 100% success rates and lower costs for cross-border fund transfers. Ripple, the leading blockchain-based payment solutions provider, has recently disclosed that its payment platform, which leverages the XRP cryptocurrency for cross-border transactions, has successfully expanded its reach into more than 80 markets and countries across the globe. The company shared this update in its latest publication, which delved into the crucial role of crypto liquidity in today’s evolving financial landscape. Prominent XRP community figure Chad Steingraber brought attention to this development in a recent post on X (formerly Twitter), highlighting the growing adoption and impact of Ripple’s payment solutions. Ripple’s Vision: Seamless Cross-Border Money Transfers In the report, Ripple articulates its vision of a future where cross-border money transfers are as effortless and straightforward as sending an email. The company asserts that blockchain technology is making this vision a reality, with liquidity fulfillment serving as a cornerstone of this transformation. Crypto liquidity, as Ripple explains, enables the smooth trading of digital assets without causing disruptions to market prices. The company underscores the vital importance of crypto liquidity in facilitating seamless, cost-effective, and reliable transactions, particularly in the realm of cross-border payments. While acknowledging the progress made by traditional financial systems in enhancing the speed of cross-border payments, Ripple points out a significant shortcoming: the lack of transparency. This opacity leaves users uncertain about the status of their funds, especially during off-peak hours and holidays, creating a suboptimal experience for those relying on these systems. Moreover, Ripple notes that despite the rapid growth of the cryptocurrency market, it still pales in comparison to the massive global foreign exchange (FX) market. This disparity presents a unique challenge that demands innovative solutions to bridge the gap and unlock the full potential of digital assets in cross-border transactions. To address these challenges and enhance its liquidity capacity, Ripple has expanded its network to cover more than 80 payout markets worldwide. This expansion aims to provide a fast, affordable, and seamless experience for cross-border payments, empowering users and businesses to transact with greater efficiency and confidence. Notably, when Ripple unveiled its Ripple Payments service in Q4 2023 as a replacement for the popular XRP-based On-Demand Liquidity (ODL) software, the firm noted that the solution covered over 70 markets. Now, nearly a year later, the number of payout markets has surpassed 80, showcasing the company’s commitment to expanding its global reach and improving its services.

Trader Tardigrade has recently fueled excitement with his forecast that Dogecoin is set for a substantial upturn, reminiscent of its 2021 rally which soared over 28,000%. This prediction has sparked enthusiasm among investors, suggesting a potentially profitable era for the leading meme coin. At the same time, Dogwifhat (WIF) has made waves in the market, skyrocketing by more than 1300% in just a few months, positioning itself as the upcoming meme coin sensation. Amid these exciting developments, MOONHOP has launched its presale at $0.014 per token. Partnering with Coinsult to ensure top-tier security and focusing on community engagement, MOONHOP is quickly becoming a significant player in the meme coin market, promising attractive returns. Dogecoin Forecast: An Optimistic Future Dogecoin is preparing for another significant price surge, reminiscent of its stunning 2021 ascent. Crypto analyst Trader Tardigrade has noted that Dogecoin is mirroring the chart patterns that led to its previous significant gains, indicating a potential upcoming bullish phase. Crypto experts Javon Marks and Ali Martinez predict Dogecoin may reach up to $17 in this market cycle. They attribute this to renewed enthusiasm in the bull market and solid community support. Additional analysts have expressed support for this positive outlook on Dogecoin. Kevin, known for his accurate crypto forecasts, has set a more cautious yet hopeful target of $3. Altcoin Sherpa believes Dogecoin could soon reach $1. Dogwifhat (WIF) Price: Memecoin Fever Strikes Again Dogwifhat (WIF) has captured attention with its remarkable ascent, achieving a 1300% increase in early 2024. Forbes reports this impressive performance has thrust WIF into prominence, making it one of the standout assets this year. Its strategic position on the Solana blockchain boosts its attractiveness and accessibility, fueling its rapid growth. Market analysis suggests that WIF might see further rises, with potential resistance at about $3.96 if the bullish momentum persists. Alternatively, a downtrend could bring its price down to support levels around $1.48. MOONHOP: A Memecoin Titan with Secure, Promising Investments To provide the highest security for its investors, MOONHOP has partnered with Coinsult, renowned for rigorous security audits. This collaboration ensures that MOONHOP’s infrastructure is fortified against potential threats, securing the platform and investor funds. Adopting such stringent security measures is essential for building investor confidence and promoting a secure investment atmosphere. MOONHOP’s strategy revolves around fostering a dynamic and engaging community, referred to as “The Fluffle.” Through inventive marketing efforts and community activities, MOONHOP not only seeks to draw investors but also aims to maintain them by nurturing a sense of unity and shared prosperity. Its token distribution policy, known as HOPENOMICS, offers a fair and well-planned strategy, making it appealing to experienced investors and cryptocurrency newcomers alike. MOONHOP’s presale has successfully raised over $1 million through two stages, demonstrating robust market interest and confidence in its prospects. As it progresses through its presale phases, early investors stand to gain significantly from initial pricing benefits. The current presale phase prices tokens at $0.014, with planned price increases for subsequent batches, ending with a launch price of $0.50 per token. This pricing strategy is aimed at optimizing returns for early backers, reflecting the project’s escalating value and success. Path to Triumph As Dogecoin and Dogwifhat (WIF) continue to attract attention with their bullish trends, MOONHOP is setting new benchmarks in the meme coin investment realm. With over $1 million already amassed in its second presale stage, MOONHOP is not merely following its predecessors but is charting a novel course with strategic improvements and community-driven initiatives. Investors seeking the next significant meme coin with a stable and promising outlook should consider MOONHOP. Join Moonhop Presale Now: Website: Moonhop.io Presale: https://moonhop.io/buy Twitter: https://twitter.com/Moonhopcoin Telegram:https://t.me/moonhopcoin Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The cryptocurrency arena recently witnessed a 13% rise in Solana (SOL) prices, spurred by expectations of a potential Solana ETF. Meanwhile, Dogecoin is garnering interest with projections indicating it could reach $1 by 2029, though it currently struggles to exceed the $0.20 threshold. Amidst these dynamics, BlockDAG’s X1 Miner app revolutionizes the crypto mining industry with an innovative mobile mining solution. The X1 Miner enables users to generate up to $1 daily upon its launch easily. Having sold more than 9666 X series miners and raised over $61 million in its presale, BlockDAG establishes itself as a formidable investment contender in the bullish crypto market. Solana (SOL) Prices: Insights on the Recent 13% Uplift Solana recently showcased a significant price increase, soaring over 13% within a week to a price point of $160.94. This growth is aligned with forecasts by Bloomberg ETF analyst Eric Balchunas, who predicts the advent of Ethereum ETFs could pave the way for a Solana ETF. Technically, SOL displays a series of rising peaks and valleys, forming an upward trajectory on the 4-hour chart. This optimistic pattern pushed SOL past the resistance at $157.65. However, should it fall below this threshold, SOL could potentially descend to $146.40, especially with negative indicators from MACD and RSI. Dogecoin Price Projections: Is $0.3751 Attainable? Dogecoin is in the spotlight with its anticipated price trajectory. Priced around $0.20, it faces hurdles surpassing this mental block. Analysts predict it might reach up to $0.3751 by the end of 2024, with a potential ascent to $1 by 2029. Dogecoin’s path is marked by fluctuations, influenced by market forces and external factors like regulatory developments or endorsements by influential figures. Should the bullish trend continue through 2024, DOGE could test resistance levels at $0.12730 and potentially ascend to $0.155. Conversely, a bearish market could drag it down to $0.101. Mining Simplified! Enhance Your Earnings with BlockDAG’s X1 App BlockDAG’s X1 Miner app emerges as a pioneering innovation in the crypto mining landscape. Accessible on the Apple store and merely 50 MB, this app facilitates mining up to 20 BDAG coins daily directly from mobile devices. By 2030, investors could potentially garner up to $600 daily as BDAG coins are projected to hit $30. The app is designed for user-friendliness and efficient performance, ensuring that mining does not deplete the device’s battery life. It incorporates an interactive feature that allows users to increase their mining rate by engaging a lightning button every 24 hours. A notable aspect of the X1 Miner app is its community-based model. Through referrals, users can significantly boost their earnings. Active participation by referred miners increases the original user’s mining rate, creating a synergistic environment. This referral mechanism has significantly contributed to the app’s popularity, evidenced by the sale of over 9666 miners. The app also features a leaderboard, showcasing the top 50 earners in real time and fostering competitive participation. Additionally, the resounding success of BlockDAG’s presale, which raised $61 million from selling over 12.3 billion BDAG coins and an impressive $3.9 million from miner sales, underscores its mining technology’s investor confidence and potential. Final Thoughts BlockDAG’s X1 Miner app is making waves as a transformative tool in mobile mining. With efficient battery management, daily interactive enhancements, and a dynamic referral system, it presents an unparalleled opportunity for users to potentially earn up to $600 daily by 2030. As Solana and Dogecoin continue to attract attention with their price shifts, BlockDAG’s X1 Miner app stands out as a lucrative investment prospect. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.