Why June 1st Marks an Important Date for the BlockDAG Network; Insight into Ethereum Price Predictions & AVAX Payment Innovations

May 6, 2024

A notable partnership has been forged between AVAX and financial giant Stripe to expand the reach of their currency. In contrast, Ethereum's price has been struggling to stay above $3,250, resulting in a decline.

On June 1st, the Beta version of the X1 mining app is set to launch. This mining app, aimed at enhancing BlockDAG, offers various mining solutions for users of all levels. It can be accessed on both Google Play and the App Store, permitting users to earn up to 20 BDAG coins daily with minimal battery and data usage due to its efficient size of 50 MB.

BlockDAG

Challenges in Ethereum Price: Fluctuations and Key Levels

Ethereum's price has struggled to hold above $3,250, dropping below $3,200 with a low of $3,113. Despite a slight recovery above $3,200, resistance has been observed around $3,240 and $3,250. The 100-hourly Simple Moving Average is currently below $3,200, with immediate resistance at $3,240 and a critical level at $3,300.

Ethereum Price Challenges

Surpassing $3,350 could signal further growth towards $3,450 and $3,550. However, failure to break $3,250 could result in more losses. Initial support is around $3,170, with crucial support at $3,120. Falling below $3,070 could lead to a decrease to $3,030, with $2,880 as the next target.

AVAX Teams Up with Stripe for New Payment Options

AVAX and Stripe have collaborated to introduce AVAX payment methods. This partnership enables retail customers to purchase AVAX directly through Stripe, bypassing exchanges and enhancing Stripe's fiat-to-crypto gateway integrated into Avalanche DApps. Avalanche's core wallet includes Stripe's gateway, simplifying deposits through ACH, debit, and credit cards.

This move helps overcome the initial obstacles in Web3, making transactions smoother. Many partners within the Avalanche ecosystem, such as GoGoPool and Avvy, are expected to embrace Avalanche Payment. This, along with previous partnerships with companies like Deloitte and Amazon, has boosted AVAX's price by 5% to $34.

AVAX Payment Collaboration

BlockDAG: Revolutionizing Crypto Mining with the X1 Miner and Milestones in the Presale

BlockDAG caters to miners of all levels, offering solutions from the user-friendly X1 mining app to sophisticated setups with devices like the BlockDAG X10, X30, and X100. The X1 miner has made mining accessible on smartphones through app stores, allowing users to mine up to 20 BDAG coins daily with minimal power consumption.

By clicking the lightning button daily, users can boost their mining speed. The app features an intuitive interface for Android and iOS users, with easy registration and a referral program. Users can track their progress through transparent ranks, unlocking new features as they progress.

BlockDAG X1 Miner

The sustainable and user-friendly approach of the X1 mining app is set to be further improved with the launch of its beta version on June 1st. Additionally, the 10th presale phase of BlockDAG has been successful, raising significant funds and indicating high potential returns for investors.

Recap

While Ethereum faces challenges in maintaining its price, AVAX and Stripe are collaborating to enhance AVAX's utility through new payment options. Simultaneously, BlockDAG is making strides in mobile mining, gearing up for the release of the X1 Beta Version on June 1st. These advancements position BlockDAG as a promising investment option in the crypto space.

BlockDAG