Currently, in the crypto market, Bitcoin Exchange-Traded Funds (ETFs) are making a splash with a massive $10 billion in trading over just three days. Investors seem interested in these ETFs, especially the Grayscale Bitcoin Trust (GBTC) spot, which trades over $5 billion. On another note, Avalanche (AVAX) is facing some challenges as its value dropped by 14.36% in the last 30 days. So far, it is BlockDAG (BDAG), with a marvellous start in presale, the coin managed to amass $1 million in just 24 hours. The project offers easy and secure channels to make money, which we will discover later on in this article.
Bitcoin ETFs: A $10 Billion Hit
Bitcoin ETFs are the hot topic right now, and $10 billion has been traded in just three days. One of the spots that is the superstar in this performance is Grayscale Bitcoin Trust (GBTC), with more than $5 billion in trading. Others like iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) also make a splash with billions in trading. Even ARK’s 21Shares Bitcoin ETF (ARKB) got in with $567 million in trades. This tells us that big investors and regular folks feel good about trading Bitcoin using traditional financial methods.
In this Bitcoin ETF Buzz, investors are eagerly exploring avenues beyond the conventional crypto exchanges, which signals a broader acceptance of digital assets in mainstream financial markets.
Avalanche Price Dips After Weak Showing
Avalanche price has been fluctuating a bit. In the last 30 days, its AVAX dropped by 14.36%. That’s a big loss after it went up higher earlier. Some folks are wondering if this is just a break or if it will keep going down.
If we look at charts and data, there is a decrease in demand for AVAX. The price is below the 20 and 50 Exponential Moving Averages (EMAs). There’s also a death cross in lines; the line (50 EMA) crossed above the other (20 EMA), and that’s usually not a good sign. The charts say AVAX might return to $30.07 before it increases again. The experts recommend caution if you’re trying to make quick money with AVAX, as it might be tricky right now.
BlockDAG Presale: Big Gains and Multiple Income Streams
After the decline in the AVAX price, it’s time to share some positive things in the market. In its first batch, BlockDAG presale has reached $1 million in less than 24 hours. This swift progress turned heads to the newcomer and piqued curiosity about it.
The BlockDAG project, with its network, offers diverse income streams for those who are interested in making a profit from it. The coin is now in presale for $0.001, potentially increasing greatly after it launches the top-tier exchanges later. Another way to earn passive income with BDAG is the Mobile Mining Convenience, which allows users to gain around 125 BDAG coins daily through a hassle-free mobile mining app.
The Big Picture
To summarise, Bitcoin ETFs are ablaze now with $10 billion in trades, AVAX is on a bumpy ride, and BlockDAG is the exciting newcomer that does high with $1 million in 24 hours in the first batch of its presale. The most interesting feature of BlockDAG is the diversity in income streams, which makes it more secure for investors and keeps the doors open for accumulating profit.
While investors are looking for only a guaranteed way to make money, with BlockDAG, they find themselves besieged with many profit channels that they need help to make money.
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