Closing in on $100M: BlockDAG’s Stellar $95M Rise, XRP’s ETF Buzz, and Bitcoin Cash’s New Improvements
The post Closing in on $100M: BlockDAG’s Stellar $95M Rise, XRP’s ETF Buzz, and Bitcoin Cash’s New Improvements appeared on BitcoinEthereumNews.com.
Several cryptocurrencies are worth watching this month as the interest in XRP increases. Recently, a second application for an XRP exchange-traded fund (ETF) was submitted, indicating that more people want to use regulated ways to buy in it. At the same time, Bitcoin Cash is keeping its promise of quick, cheap payments and has just updated its system to make it even better for users while keeping its price stable. However, BlockDAG is the one to watch closely, as it’s nearly reached $100 million in its initial funding round. With $95 million already gathered and early backers enjoying a 1960% gain, BlockDAG is just getting started and is already catching everyone’s attention for all the right reasons. XRP ETFs Push Forward with New Application The rising interest in XRP has led to a significant step in the cryptocurrency scene with Canary Capital’s application for an XRP ETF. This is the second filing for an XRP ETF after Bitwise’s attempt, showing that more people want regulated ways to get involved with XRP. Canary Capital’s application is a sign that people are looking for more sophisticated ways to buy in digital currencies beyond just Bitcoin and Ethereum, aiming for XRP’s advanced blockchain solutions. With regulations becoming more accommodating, getting this ETF approved could make a big difference in XRP’s visibility in the market. Bitcoin Cash Keeps Its Value Stable Bitcoin Cash (BCH) is known for transactions that are both quick and cheap. Its recent updates focus on making things even smoother for users and cutting down costs, helping make BCH more appealing for everyday use. These improvements help keep Bitcoin Cash’s value strong, especially as it actively involves its community in its development plans. BCH seeks feedback from its users to stay competitive, enhance its network, and adapt to their needs. Bitcoin…
Filed under: News - @ October 14, 2024 5:28 pm