Crypto, as a whole, is gaining traction and becoming more and more mainstream, with government entities getting involved and adoption rates, among citizens who wouldn’t consider themselves financial experts, increasing significantly.
The community has seen this play out with the US Bitcoin Reserve legislation gaining bipartisan support and Litecoin’s resurgence being driven by increased network activity.
But nothing screams “crypto is becoming mainstream” like the huge movements we have seen coming from BlockDAG supporters. BlockDAG has seen a huge surge in whale activity raising $4M in a single day and the surge doesn’t seem to be slowing down any time soon.
US Bitcoin Reserve Gains Bipartisan Support
The proposal for a US Bitcoin reserve is gaining traction, with bipartisan support from lawmakers. Senator Cynthia Lummis introduced legislation to use federal funds to purchase one million BTC, making the US the largest Bitcoin holder globally.
Former President Trump and Democrat Representative Ro Khanna also backed the initiative, viewing Bitcoin as a strategic asset for the Federal Reserve. Khanna emphasised Bitcoin’s potential value appreciation and its role in shaping future financial standards. This growing support highlights the possibility of the US solidifying its position in the cryptocurrency space by holding Bitcoin as a national reserve.
Litecoin Resurgence: Whale Interest Boosts Growth
Litecoin (LTC) is seeing a resurgence as whale interest and increased activity signal potential growth. Large investors have started accumulating LTC, suggesting anticipation of a market shift.
Additionally, the number of active Litecoin addresses has risen by 2% in the last 48 hours, indicating renewed interest in the cryptocurrency. This uptick in trading and volume could lead to a price recovery or stabilisation for LTC, marking its steady comeback in the crypto space.
BlockDAG Raises $4M in Just 24 Hours!
BlockDAG has raised an impressive $4 million in just one day, solidifying its position as a whale magnet in the crypto space. With the current coin price at $0.0206, BlockDAG has now surpassed $88.5 million in total funds raised, with 13.6 billion coins sold since the presale began. This makes BlockDAG the biggest presale of the decade, capturing widespread attention due to major network inflows.
The recent launch of BlockDAG’s advanced testnet has put its strong fundamentals on display, earning reviews for its scalability and user-friendly design. These features have drawn in whales, boosting confidence in the project’s potential and making it the best crypto to buy now.
The presale surge is also having a positive impact on early backers, as the growing influx of new backers signals a potential increase in their asset value. BlockDAG’s consistent growth trajectory suggests that early adopters could see significant returns, as the presale batch 24 comes close to selling out, especially with the continued network expansion and increasing demand.
Read CRYPTONEWSLAND on
google news
Best Crypto to Buy Now: BlockDAG is Unstoppable
It has been an exciting start to the 4th quarter of the year! The US Bitcoin Reserve is gaining bipartisan support, positioning the US to become a leading Bitcoin holder. Meanwhile, Litecoin’s resurgence is being fueled by increased whale interest and growing network activity.
However, traders can’t ignore BlockDAG’s recent surge, raising $4M in just 24 hours, marking its dominance. With over $88.5M raised and 13.8B coins sold, BlockDAG’s presale success is making waves. Its advanced testnet, praised for scalability and ease of use, has boosted its visibility, making it one of the most exciting crypto projects today. Early backers stand to benefit significantly from BlockDAG’s continued growth and rising market interest.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.