BTC Auction Enhances Participation, BNB Reaches $855, Avalanche Prepares for Regeneration
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In the ever-evolving world of cryptocurrency, there's always something new and exciting happening. Here's a summary of some of the latest developments that have caught our attention.
BlockDAG Takes Centre Stage
The BlockDAG network, accessible at blockdag.network, has been making waves in the crypto sphere. With its presale already raising $360 million and selling over 24.6 billion BDAG, BlockDAG is offering a $0.0016 entry offer for new buyers to gain auction access and potential upside. The offer ends on August 11, ranking above PEPE and BNB in the news.
BlockDAG is also hosting a 10 BTC Auction as part of its presale ahead of the August 11 GLOBAL LAUNCH. The 10 BTC Auction rewards are based on the number of BDAG tokens a user purchases, with the more BDAG tokens bought, the bigger the user's share of the $1.1 million Bitcoin prize pool.
The X1 Miner is powering BlockDAG's $600M push, according to an article, and the offer has been attracting attention, with XRP taking hits and SHIB whale dump causing reactions. BlockDAG's official Telegram channel can be found at t.me/blockDAGnetworkOfficial, and its Discord channel is accessible at discord.gg/Q7BxghMVyu.
Ethereum and the Market
Ethereum ETFs saw a $430M outflow amid market drop, marking the second-highest ever. Meanwhile, President Trump signed the GENIUS Act, which is expected to boost Ethereum.
Other Notable Mentions
- Binance Coin (BNB) price surged to $855 after a massive $520 million injection.
- Cardano is among the top crypto gainers, with eyes on $1.32, while BONK defends its support and Cold Wallet offers a 35x gap.
- The cryptocurrency that launched BlockDAG technology globally on August 11, 2022, is Kaspa (KAS).
- Avalanche (AVAX) is showing signs of recovery after testing key support levels.
- Solana, Cardano, and SUI have been identified as the three best altcoins to buy in August, according to analysts.
- Tether appointed an ex-White House director, and a USDT scam operation was dismantled by Hunan police.
- MetaWin announced a $1.3 million NFT holder exclusive giveaway, and Ethereum L2 layer, Brett, hit $700K in presale.
- Bank of America entered the stablecoin market, KindlyMD acquired 5,743 BTC, and the Federal Reserve's Powell advocated competitive freedom for large banks.
- An article discusses the buzz surrounding BlockDAG, with expectations of it jumping from $0.05 to $1. Meanwhile, Dogecoin's top investor supports Little Pepe (LILPEPE) as the next bull run leader, with a potential 44x ROI in 4 months.
- Global blockchain bond issuances are enhancing market liquidity, and AI is empowering crypto autonomy at Agents Day.
- Trump is pushing for Fed Governor Lisa Cook's resignation amid fraud allegations, and there is a Federal Reserve Governor endorsement of AI and stablecoins in finance.
- NewsDeck features several articles about BlockDAG, Dogecoin, other altcoins, and crypto market trends.
- A game where you build the world - Chainers, was also in the news.
Stay tuned for more updates as the crypto world continues to evolve at a rapid pace.
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