BlockDAG Launches Beta Testnet With $210M Raised, Ethereum Approaches $2,050 & Tether Moves Into Media
The market is shifting again, and this weeks standout updates come from Ethereum, Tether, and BlockDAG. The Ethereum (ETH) price has bounced back after briefly dropping below $2,000 and is now facing resistance just under $2,050. Meanwhile, Tether news points to expansion into media, with a 10 million investment signaling broader goals.
But the biggest update may be from BlockDAG. The projects Keynote 3 laid out everything from a faster Beta Testnet to rising adoption stats and verified security audits. With over $210 million raised so far, the message was clear: BlockDAG is showing results in real time.
Ethereum (ETH) Price Inches Toward Breakout Zone
The Ethereum (ETH) price has recovered from a dip near $1,980 and is now holding above $2,000, trading close to $2,040. The next key levels are $2,050 and $2,100, both acting as resistance. Technical signals show a possible breakout, but the trend still shows some pressure.
If ETH breaks above $2,100, analysts expect targets of $2,150 or more. On the flip side, a failure to hold current levels could mean a move back toward $1,980, with further support seen at $1,920 and $1,880.
Market watchers are keeping a close eye on volume and momentum indicators to see whether Ethereum can make a clear move past resistance in the coming days.
Tether News Reveals 10 Million Stake in Media Firm
In major Tether news, the stablecoin issuer has confirmed a 10 million investment for a 30% share in Italian media group Be Water. This deal gives Tether indirect involvement in companies like Chora Media, Will Media, and Be Water Filmall active in podcasting and video production.
This move suggests Tether is looking to extend its influence beyond crypto, possibly into content and media engagement. While the company remains centered on digital assets, this investment shows it may be exploring ways to support its ecosystem through new communication channels.
Future developments could reveal how Tethers growing media presence supports its broader strategy.
BlockDAGs Keynote 3 Proves DeliveryNot Just Promises
BlockDAGs third keynote introduced major developments that show the project is moving forward on schedule. A key moment in the presentation was the announcement of the Beta Testnet V1, which now runs at twice the speed of the alpha version.
The Beta includes important updates such as a better explorer, a token and NFT creation tool, and early-stage dApps already running on the system. These updates push BlockDAG from theory into functional testing.
The keynote also explained how BlockDAGs structure, based on DAG combined with Proof-of-Work, enables high performance by allowing multiple miners to confirm transactions at the same time. This setup helps prevent delays without sacrificing decentralisation.
Security was another major theme. BlockDAG confirmed successful audits by Halborn and CertiK and outlined future protections, including multi-party custody solutions and systems built to remain stable under stress. As Chief Security Officer Youssef Khaoulaj explained, real security comes from both strong code and reliable processes.
User adoption figures stood out, too. Over 800,000 users now use the X1 Miner App, more than 400,000 have joined the Tap Miner game, and 10,000 ASIC miners are on track to be shipped ahead of the mainnet launch.
To date, the presale has raised $210 million, with over 19 billion BDAG coins sold. Prices have increased 2,380% since Batch 1, reaching $0.0248 in Batch 27. These results place BlockDAG among todays top crypto gainers, with even more growth expected as the presale moves toward its $600 million goal.
A Week of Key Moves
Ethereums attempt to move beyond resistance shows that buyers are still testing strength at higher levels. The Ethereum (ETH) price is holding for now, but a clean break is still needed to confirm upward movement.
Meanwhile, Tether news points to a possible shift in direction, with media now part of its growing reach. The 10 million deal hints at new ways to shape brand identity and visibility outside of crypto alone.
But this weeks clearest example of momentum comes from BlockDAG. Keynote 3 didnt just highlight plansit showed action. A live Beta Testnet, verified security, over a million engaged users, and real presale traction all suggest this isnt just another token launch.
At just $0.0248, BDAG is still early in its journey, and with its strong fundamentals and growing community, it may be one of the top crypto gainers to watch during the next major shift in the market.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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