BlockDAG Set to Conquer Major Exchange Listings? Watch as It Soars to $100M While Ethereum Eyes ETF & Optimism Could Surge!
The post BlockDAG Set to Conquer Major Exchange Listings? Watch as It Soars to $100M While Ethereum Eyes ETF & Optimism Could Surge! appeared on BitcoinEthereumNews.com.
Key developments in the cryptocurrency sphere are sparking interest. Optimism (OP) is capturing attention with forecasts of a possible 70% price increase, pending its ability to overcome crucial resistance levels. At the same time, Franklin Templeton is on the brink of possibly getting a green light from the SEC for an Ethereum-centered index ETF, aiming to unlock fresh avenues for Ethereum supporters. In the heart of this excitement, BlockDAG’s presale is swiftly advancing, having almost reached the $93.5 million milestone. This surge is sparking discussions about an impending exchange listing. With early participants reaping substantial rewards, the enthusiasm for BlockDAG continues to build, potentially catapulting it to prominent exchange listings. Optimism (OP) Anticipates a Bullish Turn Optimism (OP) is making strides in the cryptocurrency market, with predictions of up to a 70% increase in price. The critical juncture for this surge is surpassing the 3000 sats resistance. If OP exceeds this threshold, it could catalyse a significant rally between 4500 and 5000 sats. Crypto analyst Michaël van de Poppe has identified a bullish indicator hinting at a possible upward trend. Additionally, the growing removal of OP tokens from exchanges minimises sell-off risks, while an uptick in network engagement bolsters interest in the token. Currently valued at around $1.85, Optimism garners significant interest and potentially high returns if it breaks the critical 3000 sats resistance. Awaiting SEC’s Nod for Ethereum Index ETF Franklin Templeton has proposed an Ethereum-centric index ETF, now pending SEC approval. If sanctioned, this ETF would provide a new channel for exposure to Ethereum (ETH), bypassing direct possession or staking. This ETF aims to mitigate some of the volatility inherent in cryptocurrencies. Coinbase is set to manage the Ethereum assets, with BNY Mellon overseeing the fund’s operations. The SEC’s verdict will hinge on robust anti-fraud measures being in…
Filed under: News - @ October 12, 2024 2:09 am