The SEC has confirmed that Ethereum's Spot ETF trading will begin next week, and cryptocurrency enthusiasts are excited about this development. This announcement has pushed Ethereum’s price up by 6%, reaching $3,470. Litecoin (LTC) is also in the spotlight as bullish trends drive its price higher, breaking through key resistance levels, and aiming for a three-digit valuation.
Investors are now eyeing BlockDAG due to its recent announcement of UFC champion Alex 'Poatan' Pereira as its new brand ambassador. This collaboration, along with a recent CGI video showcasing BlockDAG’s technological advancements, has generated significant excitement and FOMO. With $59.6 million raised in its presale, BlockDAG stands out as the best crypto to invest in right now.
The SEC has given the green light to Ethereum spot ETF issuers to begin trading next week. This follows the SEC's partial approval of several Ethereum spot ETF applications in May 2024.
Sources report that at least three Ethereum spot ETFs will start trading on July 23. This news has boosted Ethereum’s price to $3,470, marking a 6% increase in the past 24 hours. This notable recovery from recent lows reflects the market’s positive response to the upcoming ETF launch.
Litecoin (LTC) is also experiencing increased market interest. Analysts predict a substantial bull run for LTC, driven by renewed investor enthusiasm. Litecoin’s price has recently broken through a significant resistance level, indicating the start of a new upward trend.
Technical indicators like the RSI and MACD support this bullish perspective, suggesting that Litecoin could soon reach a three-digit price. However, investors are cautiously monitoring whether this positive sentiment will persist.
BlockDAG has made a major move towards crypto prominence by announcing UFC champion Alex Pereira as their new Brand Ambassador. This announcement, widely shared on their website and social media, has been met with enthusiastic responses from the crypto community.
The BlockDAG team expressed their excitement, stating, “We are thrilled to announce a new chapter for BlockDAG Network. We have joined forces with UFC star Alex Pereira, marking a historic milestone in our mission to revolutionise the blockchain industry. Alex Pereira’s spirit of athletic excellence, determination, and perseverance aligns perfectly with our goals.”
Alex Pereira, renowned for his excellence and perseverance in the UFC, brings a new level of prestige to BlockDAG. His partnership with BlockDAG highlights the company’s commitment to innovation and excellence in the blockchain sector.
Alongside this announcement, BlockDAG released a CGI video titled “On its way to number 1,” symbolizing their rapid growth and ambitious expansion plans. The video showcases BlockDAG’s advanced technology and vision, resonating with their global audience. Emphasizing BlockDAG’s potential to surpass other established cryptocurrencies, the video highlights their transaction processing speed of 10,000-15,000 transactions per second (TPS), coupled with low fees and near-instant confirmations.
These strategic moves have sparked significant excitement among investors, leading to a surge in interest. BlockDAG’s presale has seen remarkable growth, with a 1400% increase from Batch 1 to Batch 20. Currently priced at $0.015, BlockDAG has raised $59.6 million in presale funds and over $3.9 million from miner sales. This strong financial backing underscores investors’ confidence in BlockDAG’s potential, positioning it as a leading contender in the cryptocurrency market.
BlockDAG’s strategic partnership with UFC champion Alex Pereira marks a pivotal moment, showcasing its dedication to excellence. As Ethereum Spot ETF trading begins and Litecoin (LTC) experiences a bullish trend, BlockDAG shines with its advanced technology and strong presale performance.
With high transaction throughput and innovative CGI campaigns, BlockDAG is not just keeping pace but leading the crypto market. For those seeking the best crypto investment right now, BlockDAG’s presale offers a promising opportunity.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.