Earn Millions With BlockDAG’s $2M Giveaway; Cardano Price Faces Challenges While Ethereum ETFs Anticipate Approval Soon
The post Earn Millions With BlockDAG’s $2M Giveaway; Cardano Price Faces Challenges While Ethereum ETFs Anticipate Approval Soon appeared on BitcoinEthereumNews.com.
Recent developments see Cardano enhancing its scalability and governance to spark a substantial rally, while Ethereum ETFs are likely to be approved by September, enhancing market access. Amid these scenarios, BlockDAG (BDAG) captivates investors with a $2 million prize and prominent exposure in global landmarks like Tokyo’s Shibuya Crossing and the Las Vegas Sphere. With a groundbreaking approach to decentralization and a presale that garnered over $52.5 million, BlockDAG surpasses its competitors and claims its spot as a leading altcoin for 2024. Cardano’s Adjustments: Price Decline and Trade Volume Cardano (ADA) is set for a significant protocol enhancement, incorporating advancements like Ouroboros, Leios, and Hydra to boost scalability and governance. Despite a recent decline in price, Cardano’s founder, Charles Hoskinson, remains hopeful for the blockchain’s robust future. The current price of Cardano is $0.43, marking a 5.77% decrease this past week. It holds a market cap of $15.4 billion and a 24-hour trading volume of $458 million, with an RSI of 40.93. Ethereum ETFs: SEC’s Recent Developments The US Securities and Exchange Commission (SEC) has outlined a new schedule for Ethereum ETF approvals, anticipating final decisions by this summer. SEC Chair Gary Gensler has noted the smooth progress in reviewing S-1 filings. Upon approval, these ETFs will debut on exchanges, providing broader access to funds owning actual ETH, akin to bitcoin spot ETFs. Nevertheless, Gensler’s position remains vague regarding Ethereum’s classification as a security or commodity, contrasting with the Commodity Futures Trading Commission (CFTC) Chief, Rostin Behnam, who recognizes Ethereum as a commodity. This partnership between the SEC and CFTC seeks to bolster coordination on cryptocurrency regulations, aiming for a more consistent regulatory framework. BlockDAG’s $2M Giveaway Fuels Global Crypto Frenzy: Join & Win Big! BlockDAG is creating a buzz with its staggering $2 million giveaway intended for 50 fortunate…
Filed under: News - @ June 22, 2024 4:10 am