Ethereum continues its struggle to break the $2,050 resistance level, while Tether announces a significant investment in an Italian media company, and BlockDAG impresses with achievements in its third keynote.
Can Ethereum break past the $2,050 hurdle?
Ethereum is attempting to recover after testing support near $1,980. Although it briefly dipped below $2,000, it is now trading just under $2,040. Resistance is building near $2,050 and $2,100, making the next steps for the coin particularly intriguing. If momentum carries it past $2,100, the price could target $2,150 or higher. On the downside, failure to clear resistance may lead to a pullback toward $1,980 or lower.
Tether news highlights €10m deal with ‘Be Water’ media
Recent Tether news concerns their €10 million investment in the Italian media company ‘Be Water’, securing them a 30% stake. This strategic move points towards Tether's expansion beyond the crypto industry, aiming for broader media networks. As part of the deal, Tether also takes part in media outlets like Chora Media and Will Media.
BlockDAG’s keynote 3 sends a clear message: BDAG is built to thrive
BlockDAG's third keynote was a breakthrough moment for the project. The Beta Testnet is now live, running at double the speed of the alpha version with more functional dApps. Speakers confirmed successful audits from Halborn and CertiK, emphasizing the system's security and resilience. The project has gathered over 800,000 user support and attracted $209.5 million in presale.
Ethereum continues testing key levels, while Tether eyes the media sector. BlockDAG surprises the market with its activity at the third keynote, showing steady growth and attracting substantial investments.
