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Cryptocurrency News Articles
BlockDAG (BDAG) Network's X1 Miner App Explodes in Popularity, Attracting Almost 600,000 Users
Mar 27, 2025 at 01:00 am
Crypto.com is facing backlash from investors after a last-minute surge in votes led to the approval of a plan to mint 70 billion Cronos (CRO) tokens, raising alarms over control and transparency.
Crypto.com faced investor backlash as a last-minute surge in votes approved a plan to mint 70 billion Cronos (CRO) tokens, raising concerns over control and transparency.
The proposal had struggled to meet the required quorum but was ultimately passed with 61.18% approval after a sudden influx of votes. The move aimed to reverse a 2021 token burn and create a Cronos Strategic Reserve, with the newly minted Cronos (CRO) tokens locked in escrow for five years.
While Crypto.com emphasized that this would support the ecosystem, critics argued it damaged trust and gave too much power to the company, especially since its own validators helped sway the vote. Cronos (CRO) token holders were also apprehensive about the implications of such a decision.
Meanwhile, the XRP price outlook remains uncertain, with analysts divided on whether it will hit a modest $3 to $5 or soar to an ambitious $70.
Analysts, like Dark Defender, see XRP pushing toward $2.42, with key resistance levels at $2.22 and $2.04.
However, reaching $70 from the current price point seems like a far-fetched goal. Breaking these key resistance levels could still drive major growth for the XRP price outlook.
But one network’s app is exploding in popularity for a different reason. Almost 600,000 users are already on the X1 Miner app by BlockDAG, where they can mine 20 BDAG daily from their phones.
The X1 app’s simple setup and passive income potential are big reasons for its success. As experts predict BDAG could reach $1 this year, more people are mining on the X1 app to grab BDAG coins.
Cronos (CRO) Tokens Proposal Sparks Backlash
Crypto.com faced criticism after a last-minute surge in votes approved a plan to mint 70 billion Cronos (CRO) tokens. The proposal had struggled to meet the required quorum but was ultimately passed with 61.18% approval. A sudden influx of votes pushed it through, despite initially appearing to fail.
The move aimed to reverse a 2021 token burn and create a Cronos Strategic Reserve, with the newly minted Cronos (CRO) tokens locked in escrow for five years. The proposal had struggled to gain traction, with only 35% voter turnout in the first round and 43% in the second.
However, the final vote saw a surge in participation, reaching 54% quorum and approving the proposal with 61.18% of the vote. This unexpected turnout was crucial, as it tipped the scales in favor of the proposal, which had been trailing behind.
Crypto.com highlighted that this would support the Cronos ecosystem and provide resources for developing new technologies.
But critics argued that it damaged trust in the ecosystem and gave too much control to Crypto.com, whose own validators helped push the proposal through.
Cronos (CRO) token holders had expressed concerns about the implications of this decision and the short notice given for such a significant proposal.
XRP Price Outlook: Key Resistance Levels to Watch
XRP has been consolidating after a slight 2% drop on March 17, 2025. Analysts are optimistic about its future, with some experts predicting that the XRP price could soar to $70, based on technical patterns.
However, other analysts see a more realistic price outlook between $3 and $5 in the coming months, considering the broader market trends and the recent performance of the XRP token.
Analysts, like Dark Defender, see XRP pushing toward $2.42, with key resistance levels at $2.22 and $2.04.
While the XRP price outlook looks positive, the $70 target seems far-fetched, but breaking key resistance levels could still drive major growth for the XRP token.
BlockDAG’s X1 Miner App: No Barriers, Maximum Profitability!
BlockDAG’s X1 Miner app is quickly becoming a favorite for those seeking an easy and profitable way to mine crypto. Having nearly reached 600,000 users, the app stands out with its minimal startup requirements.
Unlike traditional mining setups that require expensive gear and technical skills, the X1 app lets users mine up to 20 BlockDAG (BDAG) coins daily from their mobile phones. Plus, at just 50MB, it does not drain the mobile battery or slow it down, making it perfect for phones with limited resources. It also has a smaller environmental impact compared to traditional mining methods.
But the real draw of the X1 Miner app lies in BlockDAG’s presale, which has seen impressive results. Having begun in January 2024, the presale is now in its 27th batch, and it has already raised an impressive $206 million.
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- Apr 18, 2025 at 12:00 am
- Bitcoin may be trapped beneath the gravitational pull of forced deleveraging, but macro strategist and Forward Guidance host Felix Jauvin insists that the clearing of risk books is no more than “the prelude to an incredible trade once the degrossing is over.”
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- Borderless Bitcoin is Perfect for Tariff World – BTCBull Token Attracts Nearly $5m in Smart Money
- Apr 17, 2025 at 11:50 pm
- Borderless bitcoin is emerging as the smart play in a tariff world where trade wars rule, and that's good news for BTC Bull Token ($BTCBULL), the only crypto asset that airdrops free real bitcoin to its token holders.
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