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Ethereum and Bittensor Show Optimism Amid BlockDAG Launch

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by Giorgi Kostiuk

4 hours ago


In June, the crypto market sees significant activity surrounding Ethereum, Bittensor, and the launch of BlockDAG. These projects are attracting attention from investors and analysts.

Ethereum's Bullish Signals

Ethereum shows strong bullish signals, confirmed by record investment flows into spot ETFs totaling over $528 million. The open interest in ETH futures has reached $41 billion, indicating a high level of trader confidence. Bullish indicators such as the golden cross and cup-and-handle formation are evident on the charts.

Bittensor Predictions

Bittensor is on track for price growth forecasts ranging from $800 to $1,100 by the end of 2025. The current price is around $355–$365. Clearing resistance at $450 could lead to a surge above $500. The interest in the project continues to grow due to Bittensor's increasing influence in decentralized AI.

BlockDAG Launch and Its Successes

BlockDAG is actively executing its launch plans, having secured over $309.5 million out of its $600 million presale target and demonstrating tangible progress in its project. The launch includes the implementation of smart contracts, deployment of DeFi tools, and integration with exchanges. Systems are already operational, including the testnet and community nodes.

Amid the rising interest in cryptocurrencies, Ethereum, Bittensor, and BlockDAG occupy central positions with optimistic forecasts and significant achievements, drawing attention from traders and investors.

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