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Cryptocurrency News Articles
BlockDAG Is Rewriting the Rules of Crypto Mining
Sep 29, 2024 at 06:00 am
Recent market developments show the SEC delaying its decision on options trading for BlackRock and Bitwise spot Ethereum ETFs, leaving investors in suspense.
Recent market developments include the SEC delaying a decision on options trading for BlackRock and Bitwise spot Ethereum ETFs.
Meanwhile, Internet Computer (ICP) has seen a price breakout, jumping 11%, with expectations of a further surge in the coming months.
But while these developments hold promise, BlockDAG is rewriting the rules of crypto mining. Scoring a massive $5 million in miner sales, it’s making serious waves in the crypto bull market. BlockDAG’s ability to democratise crypto mining through mobile apps or home-based machines positions it as the most accessible and profitable.
Spot Ethereum ETFs: SEC Delays Decision
The U.S. Securities and Exchange Commission (SEC) recently delayed a key decision on allowing options trading for spot Ethereum ETFs. Among the filings were those from asset management giants BlackRock and Bitwise.
However, the SEC has extended the review period to mid-November, pushing back expectations for when these ETFs could begin trading. This delay is crucial for Ethereum, as options trading could drive more liquidity and boost its price potential. With the SEC taking more time, the market will need to wait for a final decision on spot Ethereum ETFs.
Internet Computer (ICP) Price Breakout Under Scrutiny
Internet Computer (ICP) is catching attention. Over the last seven days, ICP has seen a price increase of 11.23%, bringing it to $9.057. This rise has come as the broader crypto market stabilises, particularly in the AI category, which has shown signs of recovery.
ICP broke through a key resistance at $8.825, and if it continues to hold above this level, experts predict it could reach $11.30 soon. This rise hints at a possible bullish rally as the market moves closer to the end of the year.
BlockDAG Hits $5M in Miner Sales – Shaking Up Crypto Mining
BlockDAG is transforming crypto mining, having recently reached a milestone of $5 million in miner sales. This achievement reflects the excitement around its user-friendly approach, which allows anyone to mine using the BlockDAG X1 mobile app or advanced home-based machines. With the X1 app, users can earn up to 20 BDAG coins daily, making BlockDAG an attractive option for newcomers looking to enter the mining world.
For those who prefer home mining, BlockDAG offers powerful options like the X10, which helps mine up to 200 BDAG coins daily, and the X30, which can triple your mining potential by allowing mining up to 600 BDAG coins daily.
The X100 Miner shines with a hash rate of 2 TH/s, allowing users to earn as much as 2,000 BDAG coins daily. These energy-efficient mining devices are easy to set up and perfect for anyone looking to dive into crypto mining.
In addition to its mining efficiency, BlockDAG has sold over 13.2 billion BDAG coins, generating over $77 million in revenue till its 23rd presale batch. Early backers have already seen a massive 1820% increase in their funds, with the BDAG coins price rising from $0.001 to $0.0192 per coin.
With each batch selling out quickly, BlockDAG is positioned for even more growth, making it a top crypto investment in the current bull market. Now is the time to grab the opportunity before the price rises again in the next batch.
With the current batch nearing completion and BDAG coins price set to increase in the next batch 24, now is a great time to buy at a lower price in the current crypto bull market.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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