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Cryptocurrency News Articles

BlockDAG (BDAG) Launches BlockDAG Academy and $30M Grant Scheme to Foster Network Growth

Mar 04, 2025 at 05:00 pm

Crypto markets are erratic, with Litecoin approaching a pivotal $100 mark and Chainlink faltering as activity dwindles.

BlockDAG (BDAG) Launches BlockDAG Academy and $30M Grant Scheme to Foster Network Growth

Crypto markets are showing signs of turbulence, with Litecoin approaching a pivotal $100 mark and Chainlink faltering as major buyer activity dwindles. However, while these coins face uncertainty, BlockDAG is pursuing a unique path—one focused on education, development, and enduring growth.

Crypto markets are showing signs of turbulence, with Litecoin approaching a pivotal $100 mark and Chainlink faltering as major buyer activity dwindles. However, while these coins face uncertainty, BlockDAG is pursuing a unique path—one focused on education, development, and enduring growth.

Through its structured academy program, substantial grants, and a presale that has raised over $200 million, BlockDAG is fostering genuine use rather than merely reacting to market shifts.

As Litecoin and Chainlink encounter imminent hurdles, BlockDAG (BDAG) is broadening its network, solidifying its role as a project destined for long-lasting success rather than quick gains.

BlockDAG Academy and Grants Lay Foundation for Network Growth

BlockDAG is enhancing its blockchain network with the launch of BlockDAG Academy, a three-tier structured education system designed to demystify blockchain tech. The academy will provide comprehensive crypto education, specialized BlockDAG training, and practical developer instruction, equipping learners at all stages—from novices to seasoned developers—with crucial skills.

Furthermore, BlockDAG has initiated a $30 million grant scheme to encourage real-world use and expansion. This effort will fund advanced projects and startups, motivating developers to innovate on the platform. The grants will range from $10,000 to $100,000 in BDAG and USDT. BlockDAG is also joining forces with HackerEarth to organize hackathons, offering developers a platform to showcase their skills and contribute to the network.

Additionally, the community will have the opportunity to participate directly via the upcoming Ambassador Program, featuring three tiers—Explorer, Advocate, and Champion—rewarding members for their involvement and contributions.

Meanwhile, BlockDAG’s presale continues to achieve remarkable success, having now raised $200 million, with the current batch priced at $0.0248 and offering an ROI of 2,340% from the first batch. To date, over 18.6 billion BDAG coins have been purchased, showcasing substantial consumer trust. With this level of support, BlockDAG is positioning itself as a long-term network focused on both education and the practical application of blockchain technology.

Chainlink’s Market Slide as Major Buyers Pull Back

Chainlink (LINK) is encountering a downturn as substantial buyer activity diminishes, resulting in a 7% decrease, pushing prices close to the $16 mark. Recent on-chain analysis reveals a stark reduction in large transactions over $100K, with a decrease of $484 million last week. Notably, major transfers dropped from 322 on February 18 to merely 103, indicating a dip in confidence from big buyers.

Moreover, Bitcoin’s fall below $95.5K has aggravated LINK’s downward trend, increasing the likelihood of further declines. Despite these challenges, Chainlink’s core strengths in the DeFi sector remain, supported by consistent development efforts that may encourage further network growth.

Should LINK fail to maintain the $16 level, a drop to $14 is possible, placing pressure on those trading short-term. Conversely, an upturn in buying activity could propel LINK back above $18. For now, caution dominates the buying sentiment as the market seeks additional indicators, with significant buyer engagement crucial for Chainlink’s future direction.

Litecoin Nears Decisive $100 Mark Amid Market Turbulence

Litecoin (LTC) is currently trading at $110.87, down $13.04 since yesterday’s market close. The day saw highs of $124.23 and lows of $107.02.

The broader crypto market has experienced notable liquidations, with approximately $250 million lost in the past day, putting immense pressure on Litecoin as it approaches the pivotal $100 support level.

Crypto analyst Ali Martinez highlights a bearish pattern on Litecoin’s daily chart with a double-top reversal near the $130 mark. Afterward, the price dropped to the midline support at around $115. Breaking this level could drive the price toward the lower channel boundary, close to $98.

The recent market sell-off has weakened bullish drives, and current technical analysis suggests that a test of the below-$100 range might occur soon. Those trading or purchasing should closely monitor these crucial levels, as dropping below $100 might result in further losses for Litecoin.

BlockDAG Remains Focused Amid Market Shifts

While Litecoin and Chainlink are navigating through market uncertainties and fluctuations in buyer interest, BlockDAG keeps its focus on cultivating a durable ecosystem. With structured educational initiatives, funding for developers, and robust crypto presale outcomes, BlockDAG is committed to a strategy that looks beyond immediate market trends.

In contrast to the ongoing uncertainties affecting Litecoin and Chainlink, BlockDAG is actively broadening its base, establishing itself as a future-oriented project aimed at real-world use and

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