Ethereum Spot ETF Trading Begins, Litecoin (LTC) Poised for a Bull Run, and BlockDAG Welcomes UFC Champion Alex Pereira as Brand Ambassador

BlockDAG has made a significant move towards crypto prominence by naming UFC champion Alex Pereira as its Brand Ambassador. This announcement

Cryptocurrency lovers eagerly await the SEC’s inexperienced mild for Ethereum spot ETF issuers to begin buying and selling their ETFs subsequent week. This follows the SEC’s partial approval of a number of Ethereum spot ETF purposes in Might 2024.

Sources recommend that no less than three Ethereum spot ETFs will start buying and selling on July 23. This announcement has sparked pleasure available in the market, notably amongst Ethereum holders and people bullish on the second-largest cryptocurrency.

With the latest market rally and anticipation of those ETFs, Ethereum’s value has seen a slight however regular enhance. In response to CoinGecko, ETH’s value skilled a 6% increment up to now 24 hours, buying and selling at $3,470 on the time of writing.

This rebound from latest lows additionally highlights the market’s optimistic response to the upcoming ETF launch. Ethereum’s value has been ranging between $3,100 and $3,500 over the previous few weeks, and this latest information might propel ETH past these resistance ranges.

Litecoin (LTC) Poised for a Bull Run

Litecoin (LTC) has additionally been capturing consideration with a bullish outlook. Analysts foresee a large bull run for LTC, fueled by renewed investor curiosity.

Litecoin’s value just lately broke a vital resistance stage, indicating the beginning of a brand new upward pattern. Technical indicators just like the RSI and MACD present sturdy momentum, suggesting a continuation of this bull run.

Expectations are that Litecoin will quickly attain a three-digit value, however buyers stay watchful to see if these sentiments maintain.

BlockDAG Welcomes UFC Champion Alex Pereira as Model Ambassador

BlockDAG has made a significant transfer in direction of crypto prominence. UFC champion Alex Pereira has joined because the BlockDAG Community Model Ambassador.

This announcement is shared extensively on their web site and social media, sparking enthusiasm from the crypto group. The BlockDAG workforce expressed their pleasure:

“We’re thrilled to announce an thrilling new chapter for BlockDAG Community. Now we have joined forces with UFC sensation Alex Pereira in a big transfer. This partnership marks a historic milestone in our journey to revolutionise the blockchain panorama, embracing Alex Pereira’s spirit of athletic excellence, willpower, and perseverance.”

Alex Pereira, well-known for his athletic prowess and willpower, collaborates with BlockDAG to showcase the corporate’s dedication to excellence and innovation within the blockchain area.

Moreover, BlockDAG has launched a CGI video titled “On its method to #1,” highlighting their fast ascent and enlargement plans. This video, captioned “BlockDAG Community is on its method to turning into the #1 cryptocurrency on this planet,” showcases their superior know-how and imaginative and prescient, resonating with their world viewers.

The video factors out BlockDAG’s potential to surpass different established cryptocurrencies, emphasising their transaction processing pace of 10,000-15,000 transactions per second (TPS), mixed with low charges and near-instant confirmations.

These strategic strikes have generated pleasure amongst buyers, sparking a surge in curiosity. BlockDAG’s presale has skilled exceptional development, with a 1400% improve from Batch 1 to Batch 20.

At present priced at $0.015, BlockDAG has raised $59.6 million in presale funds and over $3.9 million from the sale of miners. This robust monetary backing attests to investor confidence in BlockDAG’s potential, positioning it as a high contender within the cryptocurrency market.

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