BlockDAG Launches Beta Testnet With $200M Raised, Ethereum Approaches $2,000 & Tether Expands Into Media

Ethereum (ETH) price edges toward resistance, Tether news reveals a €10M media deal, and BlockDAG reaches new milestones with Beta Testnet and growing adoption.

The cryptocurrency market is shifting again as Ethereum faces resistance, Tether expands into media, and BlockDAG reaches new milestones with Beta Testnet and growing adoption.

The Ethereum (ETH) price has bounced back after briefly dropping below $2,000, with the next key levels being $2,050 and $2,100. Technical signals point to a possible breakout, but the trend still shows some pressure. A break above $2,100 could open targets of $2,150 or more.

On the other hand, failure to hold current levels could mean a move back toward $1,980, with further support seen at $1,920 and $1,880. Volume and momentum indicators will be crucial to watch to see whether Ethereum can make a clear move past resistance in the coming days.

In other news, Tether has taken a €10 million stake in Italian media group ‘Be Water’, acquiring a 30% share in the company. This investment also provides Tether with indirect involvement in companies like Chora Media, Will Media, and Be Water Film, which are actively engaged in podcasting and video production.

The move suggests that Tegether could be aiming for broader goals, such as expanding its brand presence and engaging with a wider audience through content creation and media partnerships.

This week, BlockDAG's third keynote brought major developments that show the project is moving forward as planned. A key moment was the presentation of the Beta Testnet V1, which now runs at twice the speed of the alpha version.

The Beta includes a better explorer, a token and NFT creation tool, and early-stage dApps already running on the system, pushing BlockDAG from theory into functional testing.

The keynote also explained how BlockDAG's structure, based on DAG combined with Proof-of-Work, enables high performance by allowing multiple miners to confirm transactions at the same time, helping to prevent delays without sacrificing decentralization.

The presentation highlighted successful audits by Halborn and CertiK, and future plans for multi-party custody solutions and systems built to remain stable under stress.

Real security, as CSO Youssef Khaoulaj pointed out, comes from both strong code and reliable processes, which are both being developed in parallel.

User adoption figures for X1 Miner App, Tap Miner game, and ASIC miners were also impressive, with over 800,000 users, 400,000 members, and 10,000 miners on track for delivery ahead of the mainnet launch.

To date, the presale has raised $210 million, with over 19 billion BDAG coins sold and prices increasing 2,380% from Batch 1 to reach $0.0248 in Batch 27.

These results place BlockDAG among today's top crypto gainers, and with the presale continuing toward its $600 million goal, even greater gains are anticipated.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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The Ethereum (ETH) price has recovered from a dip near $1,980 and is now holding above $2,000, trading close to $2,040. The next key levels are $2,050 and $2,100, both acting as resistance. Technical signals show a possible breakout, but the trend still shows some pressure.

If ETH breaks above $2,100, analysts expect targets of $2,150 or more. On the flip side, a failure to hold current levels could mean a move back toward $1,980, with further support seen at $1,920 and $1,880.

Volume and momentum indicators will be crucial to monitor to see whether Ethereum can make a clear move past resistance in the coming days.

In other news, stablecoin issuer Tether has confirmed a €10 million investment for a 30% share in Italian media group ‘Be Water’. This deal also gives Tether indirect involvement in companies like Chora Media, Will