BlockDAG’s Whitepaper V3 Drops Updates on its Tech Advancement! Cardano Price Prediction & Dogecoin Whale Activity Rises As the altcoin market gears up for a projected $2.5 trillion boom, key players like Cardano, Dogecoin, and BlockDAG (BDAG) are showing impressive momentum. The Cardano price prediction highlights renewed whale interest, as large holders accumulate 160 million ADA tokens following its recent dip to $0.91. Similarly, Dogecoin whales are strategically navigating key support levels, aiming for $0.684. On the flip side, BlockDAG (BDAG), with its newly released Whitepaper V3, continues attracting crypto whales looking for the next big crypto. The whitepaper revealed key updates and insights into BlockDAG’s technology and plans for 2025. Moreover, this utility-driven project has made waves in the presale market by raising over $172 million across 26 batches, as it swiftly progresses toward its ambitious $600 million presale target. Cardano Price Prediction: Will it Break $1 and Reach $2.27? The Cardano price prediction is gaining attention as large holders accumulate 160 million ADA tokens following its drop to $0.91. With a 6% recovery, ADA is trading at $0.95, and analysts project it could reach $1.2 within a month if it breaks the crucial $1 resistance. Long-term predictions suggest a target of $2.27, making the $1 milestone pivotal for its upward momentum. While the Cardano price prediction shows potential recovery, challenges remain. Daily active users have dropped by 58%, raising questions about sustained engagement. Additionally, concerns over its ability to maintain key support at $0.90 amidst market fluctuations leave investors uncertain. Can Dogecoin Whale Activity Propel to $0.415? A recent post by @CryptoMichNL on X mentioned that the “Altcoin market capitalization has had a beautiful retest and is expected to continue to $2.5T.” This highlights the increasing momentum across altcoins, including Dogecoin, which continues to draw attention due to whale activity. Currently trading at $0.348, Dogecoin Whale movements have kept its key support level at $0.264 intact, with targets at $0.415 and $0.684. While whales often drive price surges, this reliance raises concerns about market stability. Analysts point out that Dogecoin’s limited use makes it less competitive. Additionally, its unpredictable price swings make some investors hesitant, emphasizing the need for stronger fundamentals to support long-term growth. BlockDAG’s Whitepaper V3: Solving Scalability & Privacy Challenges in Crypto The upcoming altcoin boom is projected to push the market to an incredible $2.5 trillion, and all eyes are on the projects poised to lead this explosive growth. At the forefront of this movement is BlockDAG, a next-gen blockchain platform that’s redefining the crypto market. With its presale already raising over $172 million by selling more than 17.5 billion BDAG coins, BlockDAG has exceeded all expectations. Those who jumped early into the project have enjoyed a remarkable 2,240% growth in their holdings, as the BDAG coin price surged from an initial $0.001 to $0.0234 in the current batch. Adding to its appeal, BlockDAG’s newly released Whitepaper V3 has captivated developers and whales alike, detailing innovative advancements that address scalability, privacy, and compatibility challenges. By integrating the UTXO model for private payments and the account-based model for Ethereum-compatible smart contracts, BlockDAG offers the perfect hybrid environment for DeFi, dApps, and NFTs. The whitepaper also highlighted the Phantom GhostDAG protocol, which introduces a partially ordered transaction system that reduces fees while maintaining transaction integrity, setting a new benchmark for blockchain efficiency. This innovation is fueling a surge of interest among crypto enthusiasts, propelling a rapid increase in presale funding. Market analysts are now optimistic that BlockDAG could reach its $600 million presale target before than anticipated. With the demand for BDAG coins surging, the current presale batch is on the verge of closing soon, which will trigger a significant price increase in the next one. For those eyeing this rapidly expanding crypto giant, now could be the perfect time to act before prices soar and BlockDAG becomes as hard to access as other major crypto market leaders. What is the Next Big Crypto? The altcoin market is heating up with Cardano price prediction suggesting a renewed whale accumulation, while Dogecoin whale activity drives key support levels. However, the spotlight is shifting to BlockDAG, which is setting a new standard with its latest Whitepaper V3 and presale success. With its presale smashing the $172 million mark, BlockDAG is rapidly approaching its $600 million target. For those still questioning what is the next big crypto, BlockDAG is emerging as a clear contender, offering unmatched growth potential. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
An analyst has explained how an important Bitcoin indicator is back to levels that may be considered healthy for a bull-market uptrend. Bitcoin Short-Term Holder Realized Price No Longer Growing Too Fast In a new post on X, analyst James Van Straten has talked about the 7-day rate of change in the Realized Price of the Bitcoin short-term holders. The “ Realized Price ” here refers to an on-chain metric that keeps track of the cost basis of the average investor or address on the network. When the indicator’s value is greater than the spot price of the cryptocurrency, it means the holders as a whole can be assumed to be in a state of net profit. On the other hand, it being under the mark implies the overall market is holding loss. In the context of the current topic, the Realized Price of only a particular market segment is of interest: the short-term holders (STHs) . This cohort includes the investors who bought their coins within the past 155 days. The STHs make up one of the two main divisions of the BTC sector on the basis of holding time, with the other group being known as the long-term holders (LTHs) . Statistically, the longer an investor holds onto their coins, the less likely they become to sell at any point, so the STHs are considered to include the weak hands of the market, while the LTHs represent the resolute HODLers. Now, here is the chart shared by the analyst that shows the trend in the Realized Price of the STHs, as well as its 7-day rate of change, over the last few years: As is visible in the above graph, the Bitcoin STH Realized Price has gone up during the last few months as the rally in the coin’s price has occurred. The reason behind this trend is naturally the fact that the STHs represent the recent buyers, who have to purchase at increasingly higher prices during a bull run. The cryptocurrency has been trading above the cost basis of this cohort for a while now, implying that its members have been enjoying profits. Historically, the line has served as a sort of boundary between macro bearish and bullish trends, so BTC continuing to trade above it is a positive sign. As Van Straten has pointed out, another potential bullish sign is the fact that the 7-day rate of change in the indicator has seen a cooldown recently. Earlier, the Realized Price of the STHs was expanding at a notable rate, something that has generally led to tops for the coin. With the indicator now growing at a more healthy rate, it’s possible that Bitcoin could continue its bull run in a sustainable manner. BTC Price At the time of writing, Bitcoin is floating around $98,400, down more than 6% over the last week.
Bitcoin’s current recovery trend showcases a resurgence in buying interest, setting the stage for a potential breakthrough above the $100,000 mark. As Bitcoin’s value increased by nearly 2% this December,
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
According to Greeks.live, a leading cryptocurrency analysis platform, options market data shows a significant decline in trader sentiment as the cryptocurrency market enters a period of regulation. In a social media post, Adam, an analyst at Greeks.live, noted a notable change in the options market, noting that the spread between various maturities has increased. Adam explained that during the bull market at the end of the year, option spreads across maturities remained fairly close, with fluctuations around 5% and spreads typically no more than 1%. This stability reflected consistent optimism among market participants. Related News: How Much Did Famous Names' Predictions for Bitcoin Price in 2024 Do? Here is a Compilation of Predictions However, recent regulations have reversed this trend: The gap between distortions for different maturities has started to widen significantly. The short-term skew has fallen significantly, indicating that enthusiasm among market participants has clearly diminished. According to the analyst firm, the data shows that enthusiasm in the broader market has waned significantly, especially among options traders. Optimism for January, a critical period for market activity, has waned, suggesting a shift in sentiment after the euphoria of the last bull market. *This is not investment advice. Continue Reading: How Will January Go in Cryptocurrencies? How is the Market Sentiment?
Floki, the popular meme coin, is set to make waves in Europe by launching an exchange-traded product (ETP) for its FLOKI token by early 2025. The Floki DAO is currently
The web3 infrastructure provider MoonPay is reportedly mulling a $150 million acquisition of the crypto payments provider Helio. Fox Business reporter Eleanor Terrett reports that MoonPay is in talks over the deal, which would represent the crypto firm’s largest acquisition. Helio aims to make “accepting crypto payments effortless for merchants and apps worldwide.” The payment provider supports major chains including Solana ( SOL ), Ethereum ( ETH ), Bitcoin ( BTC ), and Base. “We power crypto checkouts for +6,000 merchants & apps, and millions of unique active wallets. You can self-serve to set up a Helio merchant account in minutes & get paid instantly for E-commerce, pre-sales, subscriptions & digital products in USDC, SOL, ETH, BTC & 100s of digital assets.” In June, the crypto payments firm launched a Solana Pay plugin for the e-commerce giant Shopify, enabling buyers to use SOL and hundreds of other crypto assets with automatic swaps to stablecoins. MoonPay bills itself as the “world’s leading” web3 infrastructure firm. “We provide end-to-end solutions for payments, enterprise-scale smart contract development, and digital asset management. Many of the world’s most iconic brands rely on MoonPay to power their Web3 strategies and ideas.” The crypto firm has more than 20 million verified accounts and is supported in 180 countries. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post MoonPay Considering $150,000,000 Acquisition of Crypto Payment Firm Helio: Report appeared first on The Daily Hodl .
The analyst Quinten anticipates growth for STX Coin due to strong support. Low liquidity during holidays affects price movements in cryptocurrencies like Solana. Continue Reading: Quinten Highlights a Promising Altcoin for Potential Growth The post Quinten Highlights a Promising Altcoin for Potential Growth appeared first on COINTURK NEWS .
The native asset of crypto exchange Bitget ( BGB ) is closing in on a market cap of nearly $8 billion after the token surprisingly sparked an 844% rally in 2024. According to current data, BGB is trading for $5.64 at time of writing, a 15% increase during the last 24 hours. BGB launched in 2021 and was designed to boost community engagement and streamline trading activities within the Bitget ecosystem. According to a recent report by Bitget, the exchange surged in popularity, partially due to a rise in Gen Z crypto buyers, who began gobbling up digital assets after former President Donald Trump won the 2024 US presidential election. The data shows that Bitget saw a staggering 683% increase in Gen Z users in November, pushing the demographics’ share of new users on the platform from 26.2% in October to 53.8% by the end of November. “Trump’s pro-crypto rhetoric during his campaign, including pledges to establish a national Bitcoin reserve and encourage domestic Bitcoin mining, resonated with younger voters. This demographic, known for its tech-savviness and interest in financial autonomy, responded by flocking to platforms like Bitget. In total, 844,000 new users under 25 joined Bitget in November, a dramatic rise from the 110,000 recorded in October. The shift highlights the influence of political narratives on financial behavior, with market enthusiasm fueled by the fear of missing out (FOMO) and expectations of favorable crypto policies under the new administration.” Bitget’s research reports that Gen Z users now make up about 21% of all crypto investors. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitget Token (BGB) Soars to $7,869,959,009 Market Cap With Suprise 844% Rally This Year appeared first on The Daily Hodl .
Public mining companies have posted deep losses in 2024, based on data from Hashrate Index, tracking the biggest miners and data center operators. Despite the new all-time highs for Bitcoin (BTC), the shares of most mining entities are on track to end the year in the red. Not all publicly traded mining companies are sharing in the success of MicroStrategy, MARA Holdings, or Hut8. The stocks of most mining entities are on track to end the year in the red. The stock market performance of mining companies shows deep losses for the year to date, based on data collection by Hashrate Index. A total of 17 companies out of 25 publicly traded miners were in the red as of December 25, though some still have a chance to turn the trend by the end of the year. MicroStrategy (MSTR) remains the exception, starting the year at $68 and rallying to a peak of $473.83 in November. As of December 25, MSTR traded at $358.18, though its price performance depended on its ongoing buying of more BTC. Mining companies try to diversify into new data-based tasks Argo Blockchain Plc had the deepest losses, erasing 82.92% of its share price, down to $0.0615. The miner has not taken track of building up a Bitcoin (BTC) treasury and only has three coins in its reserves. Argo is a hosted mining company, a new model that relies on renting out electricity, rack, and cooling access, as well as delivering and installing ASIC on behalf of users. One of the biggest winners for 2024 is also a hosted mining company – Bitdeer Technologies Group. BTDR shares are up by 165.32%, trading at $23.56. BTDR holds 443 BTC, a small treasury from mining and not from acquisitions. As a contrast, Hut8 shares expanded by 92.7% in the year to date, trading at $24.28, slightly down from their peak of over $29. Hut8 also expanded its BTC acquisitions with debt financing. The other winner was Iris Energy Ltd, which shifted to investments in data centers. TeraWulf is another winner with 170.87% growth, based on its previous commitment to expand to AI data centers. WULF shares traded at $6.23, near their highest level for the past six months. WULF also got a boost from its attempt at carbon-neutral mining. For most miners, production prices vary and some are weighed down by costs. For others, the current BTC prices are favorable for realizing profits and financing future projects. Miners retain 1.9M BTC, down from over 2.02M in August 2024. Mining as a whole is not always a good proxy for the performance of BTC, and mining companies are facing different pressures. While individual shares were volatile, the overall HI Crypto Mining Stock Index retained relatively high levels in 2024. The index ended the year at 5,330.37 points, up from 4,234.18 points in January. The HI Crypto Mining Index posted net growth in 2024, though slowing down at the end of the year. | Source: Solactive The index includes chip producers and mining-related companies and has been rising for both 2023 and 2024, recovering after its 2021 and 2022 crashes. The index also includes the most prominent mining companies, though the selection may differ from the selection of Hashrate Index. BTC mining activity remains at peak levels BTC mining activity is showing no signs of slowing down or capitulation. Mining companies are using some of their proceeds to acquire new ASIC while retaining their previous contracts for energy access. The BTC hashrate is at over 770 EH/s, near all-time highs. Miners also produce blocks at the absolute highest difficulty, with constant growth over the past year. Individual miners, farms, companies, and even governments are also trying to mine with the most competitive pools. At the end of 2024, Foundry USA is the biggest pool, controlling over 31% of the total hashrate. Foundry is the choice for most mining companies that produce coins for their own reserves. The closest competitors Antpool and ViaBTC make up another 30% of mining. Binance Pool remains competitive but shuts down capacity during unfavorable conditions. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.