The post BlockDAG Miners Reap 10x Rewards, Helium Eyes $9.5, and Ethereum Prepares for a Bullish Rebound! appeared on BitcoinEthereumNews.com.

Advertisement &nbsp &nbsp Helium’s crypto token has been turning heads with its new take on blockchain-driven broadband. Helium aims to make internet access cheaper through decentralized technology. On the other hand, Ethereum has seen some ups and downs. It started at $2,419 on September 15, then fell by 3% over the weekend after an encouraging 15% increase the previous week. Meanwhile, BlockDAG has been gaining attention with a $78 million presale that has everyone talking. In a recent AMA, BlockDAG’s CEO announced big news: using their X10 and X1 miners together boosts mining power by 10 times. This could mean much larger rewards for miners, and quickly. BlockDAG’s focus on making mining simpler might just give it the upper hand in the busy crypto market. Helium: Short Setback Before Expected Growth Though Helium’s price went down by 12% last week, its daily chart shows signs it might bounce back soon. In the last 72 days, Helium has jumped 143%, hitting the $8 level by mid-September. Now 57th in crypto rankings, it’s doing better than many bigger names, showing it’s catching on more and more. If things turn around, HNT might try for the $8 mark again. If demand keeps up, especially with the expanding IoT market, Helium could reach $9.5 by month’s end. But if the downward trend continues, it might fall to the $6.525 support level. A failure to keep up momentum could push it even lower to $5.155. Advertisement &nbsp Is Ethereum Experiencing a Temporary Drop? Ethereum started at $2,419 recently but slipped 3% following a 15% rise earlier in the week. However, signs related to ETH 2.0 staking suggest holders are ready for another price increase soon. While Bitcoin has broken through major resistance levels—$60,000 and $0.60, respectively—Ethereum struggled to pass the $2,500 mark this weekend. Despite…

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Filed under: News - @ October 1, 2024 5:21 pm