BlockDAG Presale Nears $150M After Mainnet Development Completion; Uniswap Climbs & Cronos Joins Forces with Google Cloud
The post BlockDAG Presale Nears $150M After Mainnet Development Completion; Uniswap Climbs & Cronos Joins Forces with Google Cloud appeared on BitcoinEthereumNews.com.
Crypto is witnessing exciting times with the latest updates catching everyone’s eye. Uniswap has seen a notable 38% jump in price, sparking discussions on the increased buying activities. Meanwhile, Cronos is advancing its technological capabilities through a new partnership with Google Cloud, aiming to deepen its ecosystem’s tech foundations. BlockDAG (BDAG), however, is taking major steps by finishing its mainnet development and moving into the audit phase, securing a top spot in 2024’s crypto scene. This development highlights its commitment to providing a secure and scalable blockchain solution. Moreover, BlockDAG’s nearly $150 million presale has drawn significant market attention, yielding a 2240% return for early backers. Could Uniswap’s Price Surge Reach $12? In the past week, Uniswap’s price has increased by 38%, moving from $9.16 to $10.76, driven by strong buying interest and a shift to a more bullish market outlook, overcoming longstanding resistance levels. Market analysts suggest that the price may approach the $11-$12 mark soon if the upward trend persists. Yet, caution is advisable. The Relative Strength Index (RSI) shows Uniswap nearing overbought territory, potentially signaling a near-term retracement. Also, existing sell orders around $11 and $12 could decelerate further price increases. Cronos Enhances Partnership with Google Cloud Cronos has broadened its partnership with Google Cloud, concentrating on enhancing blockchain scalability and integrating AI innovations. This collaboration sees Google Cloud not only as a validator but also as a provider of cutting-edge tools to aid developers and boost network security. These efforts are geared towards fortifying Cronos’ ecosystem and making it more attractive to blockchain startups. Despite these advancements, challenges persist. Cronos continues to face intense competition from established blockchain networks which may hinder broader adoption. Moreover, its heavy dependence on Google Cloud’s infrastructure could impact its commitment to blockchain decentralization. BlockDAG Advances with Audit After Completion of…
Filed under: News - @ November 26, 2024 9:20 pm