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Interest Grows BlockDAG Post Whitepaper V3 Launch—Daily Inflows Cross $5M! Bitcoin Spot ETFs Rise & XRP Outlook

Interest Grows BlockDAG Post Whitepaper V3 Launch—Daily Inflows Cross $5M! Bitcoin Spot ETFs Rise & XRP Outlook

DailyCoinDailyCoin2024/12/20 10:00
By:DailyCoin

Market momentum often shifts focus to promising developments, and last week was no exception. Bitcoin spot ETF inflows surged to $2.17 billion over five consecutive days, reflecting robust institutional confidence. Meanwhile, the XRP market outlook suggests potential bullish moves as prices consolidate near key levels, with investors eyeing a breakout. Though these shifts underline a growing search for transformative assets, the market’s focus remains firmly on one disruptive project— BlockDAG (BDAG) .

This emerging crypto giant is redefining Layer-1 blockchain innovation with its groundbreaking Whitepaper V3, drawing significant interest from crypto whales. BlockDAG’s daily inflows now surpass $5 million, driving total presale revenue beyond $168.5 million. Its GHOSTDAG protocol further ensures unmatched scalability and security, addressing key industry concerns, and attracting considerable interest for those seeking long-term value. 

Bitcoin Spot ETF Surge: Net Inflows Total $2.17 Billion 

A recent post on X by @WuBlockchain highlighted significant activity in Bitcoin spot ETFs, reporting net inflows of $2.17 billion over five consecutive trading days. BlackRock’s IBIT ETF led the surge with $1.51 billion, while Fidelity’s FBTC added $598 million. These funds now represent 5.71% of Bitcoin’s market value, underscoring their growing institutional appeal.

Interest Grows BlockDAG Post Whitepaper V3 Launch—Daily Inflows Cross $5M! Bitcoin Spot ETFs Rise & XRP Outlook image 0 Interest Grows BlockDAG Post Whitepaper V3 Launch—Daily Inflows Cross $5M! Bitcoin Spot ETFs Rise & XRP Outlook image 1

However, not all signs are positive. Grayscale’s GBTC faced $221 million in outflows last week, signaling shifting investor preferences. Additionally, analysts argue that Bitcoin spot ETFs could heighten market volatility, potentially impacting smaller investors.

XRP Market Outlook

The XRP market outlook suggests mixed signals as the token consolidates near $0.50. Positive sentiment has been bolstered by ongoing regulatory developments and growing institutional interest.XRP’s role in cross-border payments remains a key factor driving attention.

On the downside, market stagnation at key resistance levels has slowed momentum. Regulatory scrutiny, while easing, continues to cast uncertainty on broader adoption. Despite these challenges, XRP remains on some traders’ radar.

BlockDAG’s Whitepaper V3 Draws Layer 1 Enthusiasts: Presale Crosses $168.5M!

BlockDAG’s Whitepaper V3 has officially landed, and it’s sending shockwaves across the Layer 1 blockchain space. This new release has quickly become a magnet for crypto whales, outlining game-changing features that solve blockchain’s biggest challenges.

With the GHOSTDAG protocol enabling parallel block creation, BlockDAG delivers unmatched transaction speed, security, and scalability. This innovation eliminates concerns like network latency, double-spending, and 51% attacks, making its blockchain irresistible for developers, miners, and traders.

Adding to the excitement, BlockDAG’s EVM compatibility ensures developers can deploy Ethereum-based dApps seamlessly on BlockDAG. The whitepaper also teases future cross-chain bridging, opening doors to interoperable ecosystems that can drive exponential growth. It’s no surprise that this breakthrough vision has triggered a massive demand for the project.

BlockDAG’s crypto presale is witnessing unbelievable momentum, seeing daily inflows of over $5 million and soaring past $168.5 million overall. Crypto fans are racing to secure their spot before the current batch turns over, as prices have already surged from $0.001 in presale batch 1 to $0.0234 in the current batch 26.

As developer adoption grows and market interest skyrockets, BlockDAG is setting the stage for monumental growth. As the project gains momentum, its innovative approach to Layer-1 blockchain challenges continues to attract significant attention.

Final Verdict

Bitcoin spot ETF inflows hit $2.17 billion last week, showcasing institutional interest, and the XRP market outlook hints at a potential growth. Though investors keep an eye on these developments, the spotlight has firmly shifted to BlockDAG, which continues to lead the charge with its record-breaking presale progress.

Its recently released Whitepaper V3 has significantly attracted Layer-1 enthusiasts by addressing key challenges of blockchain scalability and security through its advanced GHOSTDAG protocol. This breakthrough has fueled a massive presale boom, with the network raising over $168.5 million. 

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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