Connect with us

Crypto

BlockDAG’s 2.5M Miners Drive Momentum as Cardano Breaks Resistance and XRP Rebounds Strongly

Published

on

The crypto space is buzzing again, with both fresh rallies and renewed optimism lighting up the charts. Cardano’s breakout above resistance levels has sparked excitement, while XRP’s resilience following a steep liquidation shock has many speculating about its next big move. Both coins are back in focus, yet one project is stealing the show: BlockDAG.

With 2.5 million+ active miners using its X1 app, a $381M presale milestone, and unique gamified features like Buyer Battles pulling in daily attention, BlockDAG is proving that traction isn’t just about hype—it’s about participation. Pair this with a lucrative referral system, and the project is stacking adoption at scale while pushing toward its $600M target. The crypto race is heating up, but BlockDAG is rewriting the playbook.

XRP Outlook: Whales Quietly Fuel a Rebound

XRP (Ripple) is showing strength after a brutal $1 billion liquidation event wiped out leveraged positions and briefly pulled the price down to $3.05. Instead of crumbling, XRP began forming a bullish flag on the charts, with analysts eyeing a potential surge to $5.

Retail players may have panicked, but blockchain data revealed that whales bought heavily on the dip, lifting prices back above $3.10 before stabilizing near the $3.00 mark. The $3.13 level has now flipped into resistance, and breaking it is seen as vital for a larger rally.

Broader sentiment still ties to macro factors, particularly the upcoming Fed meeting at Jackson Hole, but lower trading volumes suggest liquidation pressure has faded. The current setup mirrors previous accumulation zones that preceded XRP’s biggest breakouts. Whales stacking their bags while retail sentiment wavers could set the stage for a sharp move toward $5 sooner than many expect.

Cardano Update: Breaking Barriers, Eyeing $1.50

Cardano (ADA) has come alive, surging 16% in just 24 hours to reach $0.98 on August 14, after cracking past the critical $0.94 resistance. This strong move signals a bullish phase, with analysts now targeting $1.20 and even $1.50 as possible next stops.

Charts show an inverse head-and-shoulders breakout, supported by an RSI around 65, suggesting solid buying pressure without tipping into overbought territory. As long as ADA holds above $0.94, the upward push may continue, while slipping back could mean consolidation between $0.85 and $0.94.

Buzz around a Cardano spot ETF is also lifting market mood. Speculation grew after Grayscale registered Delaware trusts for ADA and HBAR, often viewed as precursors to ETF launches. An ETF could bring new liquidity streams and broader participation. ADA’s strong showing in Grayscale’s Top 10 Crypto Assets by Weekly Returns, where it gained 6.3% from July 31 to August 7, further highlights growing attention.

BlockDAG: 2.5M Miners, Referrals, and Buyer Battles Fuel Explosive Growth

While XRP and Cardano gain traction through price action, BlockDAG is leading on adoption metrics and real-world engagement. The presale has already crossed $381 million, selling 25.3 billion coins at the current Batch 29 price of $0.0276, well below the guaranteed listing of $0.05. Early Batch 1 buyers are sitting on 2,660% gains, and that gap is creating serious urgency.

At the core of this momentum lies the X1 mobile miner app, now used by more than 2.5 million people worldwide. By turning smartphones into mining tools, BlockDAG has stripped away the barriers of cost and complexity. This accessibility has created one of the largest mining bases ever assembled before mainnet launch.

Supporting this growth is a referral program that pays 25% commissions to referrers and gives 5% bonuses to newcomers. This transparent model ensures expansion is community-driven rather than top-down marketing.

Then comes Buyer Battles—a gamified feature where the largest daily buyer wins all unsold allocations for free. This twist has ignited competition, keeping presale activity high while rewarding active participation.

Hardware adoption is strong as well: over 19,350 miners sold, generating more than $7.8M. Combine that with 4,500 developers building 300+ dApps, and BlockDAG’s ecosystem already looks like a live network rather than a presale experiment.

With its hybrid Proof-of-Work plus DAG model, BlockDAG handles 10 blocks per second, outpacing many active Layer 1 chains. Pair this with EVM compatibility, and developers can seamlessly migrate Ethereum projects into its ecosystem.

In short: traction, adoption, and tech are converging—and BlockDAG is turning presale urgency into long-term momentum.

The Bottom Line: Old Names Rise, But BlockDAG Sets the Pace

XRP is proving resilient with whales fueling quiet accumulation, Cardano is smashing resistance with eyes on new highs, but BlockDAG is redefining early-stage engagement with sheer scale.

By pairing a $381M presale milestone with 2.5 million miners, 19,350+ hardware sales, and a 2,660% ROI for earliest buyers, BlockDAG is creating the kind of FOMO few projects ever achieve. The mix of gamification, community-driven growth, and transparent scaling makes it not just another presale—it’s a movement. The old guards are making waves, but BlockDAG is setting the standard for what’s next.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Crypto

Hotako ($HOTA): A Meme Coin Built to Escape the Pump & Dump TrapLaunching on Pump.fun — Jan 7, 14:00 UTC

Published

on

In a meme coin world full of short-term hype and broken promises, Hotako ($HOTA) emerges as a refreshing exception — a project with heart, culture, and a real plan.

Born from Japan’s creative spirit and powered by a global team, Hotako is more than just a meme — it’s a full-fledged movement combining storytelling, education, and entertainment, wrapped in the charm of an anime-inspired cosmic cat from Planet Nyaru.

A Meme Coin Built with Vision

Hotako’s story revolves around a curious cat-girl from Planet Nyaru who travels to Earth to teach humans the joy of learning and exploration through fun and community.

But behind this adorable character lies a professional team with a strategic roadmap, aiming to redefine what a meme coin can achieve.

While most meme coins pump and dump — taking investor funds and disappearing, Hotako is built differently.

The team’s vision is clear: to create a meme coin that delivers real value, rewards long- term holders, and sustains investor confidence through transparency, innovation, and continuous development.

Massive Marketing & Partnerships

The Hotako team is executing one of the most comprehensive marketing strategies in the current meme coin market:

  • Top-tier KOLs and YouTube influencers onboarded globally.
  • Cross-platform marketing on Twitter (X), Reddit, Binance Square, and more.
  • Strategic partnerships with major Web3 platforms like Intract, DogWithCap, and IQAICOM and 30 plus crypto projects.
  • Community engagement campaigns, including the ongoing Hotako Meme Contest, Shilling Contest and upcoming NFTs with real rewards.
  • Upcoming billboard, CEX listing partnerships, and PR collaborations across Asia, the US, and Europe.
  • Optimized profiles on DexTools and DexScreener, including promotional boosts.
  • Paid ads across crypto media platforms.
  • Planned CoinMarketCap and CoinGecko listings.
  • Listings on top discovery platforms.
  • Upcoming CEX, billboard, and global PR collaborations

These efforts ensure Hotako reaches audiences far beyond typical meme coin boundaries — connecting both casual users and serious Web3 investors.

Launching on Pump.fun 7th January 2026 at 14:00 UTC

The official launch of $HOTA will take place on 7th January 2026 at 14:00 UTC, exclusively on Pump.fun.
Don’t miss your chance to join early — the Snack Squad is growing fast.

Hotako is gearing up for its official debut on Pump.fun, one of Solana’s most active and transparent launch platforms, ensuring a fair and open entry for all investors.

But the Pump.fun launch is just the beginning. The roadmap ahead includes:
CEX Listings
NFT Collections & Airdrops
Interactive “Snack Missions” & Nyaruverse Expansion
Global collaborations with AI, Gaming, and Web3 communities

$HOTA — Where Memes Meet Meaning.

Hotako NFTs — Rewarding Long-Term Holders

Following launch, Hotako plans to introduce limited NFTs tied to its Nyaru universe. These collectibles will be airdropped to the top 100 long-term holders as a way to recognize early belief and community commitment.

Redefining the Meme Coin Meta

Hotako’s approach combines humor, culture, and strategy — but with investor value at its core.

The team’s goal is to build a meme coin that lasts, one that grows stronger over time instead of collapsing after launch. By aligning storytelling with community-driven token utility and consistent marketing execution, $HOTA aims to prove that meme coins can be both fun and financially rewarding.

“Hotako represents a new kind of meme movement — one that respects investors, builds trust, and focuses on sustainable growth,” said a project spokesperson. “We’re not here for a quick pump; we’re here to build a lasting legacy.

🌐 Official Links

Website: https://hotako.fun
Twitter (X): https://x.com/HOTA_Adventure
Telegram: https://t.me/HOTA_Adventure
Instagram: https://www.instagram.com/hota_adventure/
Tiktok: https://www.tiktok.com/@hota_adventure

Continue Reading

Crypto

Digital Asset Treasury Firms Face a Critical Shakeout in 2026

Published

on

Digital asset treasury firms are heading into 2026 facing their most serious test yet. After rapid growth during the last crypto cycle, industry executives are warning that many companies built primarily around holding digital assets—especially altcoins—may not survive the next market downturn. As investor scrutiny intensifies and token prices remain volatile, the era of simple accumulation as a business model appears to be coming to an end.

Over the past year, dozens of digital asset treasury (DAT) firms launched with the goal of giving public market investors exposure to cryptocurrencies. While the strategy initially attracted attention during bullish conditions, declining asset prices and tighter capital markets have exposed structural weaknesses across the sector.

Mounting Pressure on Crypto Treasury Companies

Altan Tutar, co-founder and CEO of MoreMarkets, believes the outlook for many digital asset treasury firms is increasingly bleak. He argues that the market has become overcrowded, with several firms struggling to justify their valuations relative to the assets they hold.

According to Tutar, companies focused primarily on altcoins are likely to face the greatest risk. Maintaining market capitalization above net asset value becomes difficult when token prices fall and liquidity dries up. Even firms holding major assets such as Ethereum, Solana, or XRP are not immune, he cautions, unless they offer more than passive exposure.

In this environment, treasury companies that fail to generate consistent returns or provide tangible value beyond asset accumulation could be forced into selling their holdings simply to cover operating expenses. That outcome not only erodes investor confidence but also accelerates downward pressure during market stress.

Bitcoin Treasuries Are Not Immune

Concerns extend beyond altcoin-focused firms. Ryan Chow, co-founder of Solv Protocol, points to the rapid rise of Bitcoin treasury companies as a potential warning sign. At the start of 2025, roughly 70 companies held Bitcoin on their balance sheets. By midyear, that number had grown to more than 130.

Chow argues that holding Bitcoin alone is not a guaranteed growth strategy. Without yield generation or liquidity planning, treasury firms risk becoming forced sellers during downturns. He notes that the strongest performers are those treating crypto reserves as part of a broader financial strategy—using on-chain tools to generate income, access liquidity, or manage risk during periods of volatility.

By contrast, companies that positioned crypto accumulation primarily as a branding or marketing exercise often struggle once market sentiment shifts. As operating costs rise and funding becomes scarce, these firms may find themselves liquidating assets at unfavorable prices.

ETFs Raise the Bar for Treasury Firms

Adding to the pressure is growing competition from crypto exchange-traded funds. Vincent Chok, CEO of stablecoin issuer First Digital, believes ETFs are reshaping investor expectations. With regulated exposure, improved transparency, and in some cases yield-generating features, ETFs increasingly offer a simpler alternative for investors seeking digital asset exposure.

Chok argues that for digital asset treasury firms to remain relevant, they must evolve toward more traditional financial standards. Strong governance frameworks, transparent reporting, and integration with established financial infrastructure are becoming essential. Treating Bitcoin or other digital assets as just one component of a diversified and professionally managed financial plan will likely determine which firms survive beyond 2026.

A Turning Point for the Digital Asset Treasury Model

The coming year may mark a decisive turning point for the digital asset treasury sector. As the market matures, investors are demanding sustainability, risk management, and real financial performance—not just exposure to volatile assets.

Executives across the industry agree that the next cycle will favor disciplined operators that generate yield, manage liquidity responsibly, and align more closely with traditional finance standards. Firms that fail to adapt may struggle to maintain relevance, while those that do could emerge stronger in a more competitive and institutionalized crypto landscape.

In 2026, survival for digital asset treasury firms will depend less on what they hold—and more on how they manage it.

Continue Reading

Crypto

Bitcoin Selling Intensifies During U.S. Trading Hours as Capitulation Reaches Record Levels

Published

on

Bitcoin’s recent price action is revealing a sharp geographic divide in market behavior. While U.S. trading hours have become the primary source of selling pressure, Asian sessions are increasingly absorbing supply, helping stabilize the broader market. At the same time, on-chain data from Glassnode shows capitulation reaching its highest level of the current cycle, underscoring the intensity of the late-year sell-off.

Together, these trends offer a clearer picture of how regional flows and investor psychology are shaping Bitcoin’s short-term trajectory.

Regional Trading Patterns Show Clear Divergence
Data tracking Bitcoin’s cumulative returns by trading session highlights a stark contrast between global markets. From December 18 to December 25, U.S. trading hours steadily pushed cumulative returns into negative territory. The selling was persistent rather than brief, suggesting deliberate exposure reduction instead of short-term profit-taking.

In contrast, Asia-Pacific trading sessions consistently logged positive returns over the same period. Even as volatility increased and prices softened, buyers in Asian markets continued to step in, offsetting much of the selling pressure originating from the U.S. European trading hours remained relatively neutral, hovering close to flat and acting neither as a strong source of demand nor supply.

This session-based breakdown shows that Bitcoin’s recent price stability has depended heavily on Asian demand. Without that regional buying, losses driven by U.S. hours could have resulted in a much deeper drawdown.

Bitcoin Cycle Timing Remains Historically Consistent
Despite the sharp sell-off, broader cycle analysis suggests Bitcoin is still moving in line with historical market patterns. Comparative data tracking price performance from cycle lows across multiple periods—including 2011–2015, 2015–2018, 2018–2022, and the current cycle—shows a familiar progression.

In prior cycles, Bitcoin typically experienced an early expansion phase followed by a cooling period marked by drawdowns, slower momentum, and consolidation. The current price structure closely mirrors those past phases at similar time intervals. While volatility has increased, the timing of the pullback does not appear unusual when viewed through a long-term cycle lens.

This alignment suggests that the recent decline may represent a structural reset rather than a breakdown in the broader market trend. Historically, similar phases have preceded renewed accumulation before the cycle fully matures.

Capitulation Spikes to New High as Selling Accelerates
Glassnode data adds another layer to the picture. A widely followed capitulation metric surged to its highest level on record as Bitcoin prices dropped sharply toward the end of 2025. Capitulation typically reflects forced selling, loss realization, and heightened stress among market participants.

Previous spikes in the same metric appeared during mid-2024 and early 2025, each coinciding with rapid price declines. However, the latest reading stands out as significantly larger, indicating a more intense wave of selling pressure than seen during earlier pullbacks.

This suggests that a meaningful portion of the market may have exited positions under stress, particularly during U.S. trading hours. While painful in the short term, capitulation events have historically marked periods where weaker hands exit and longer-term holders begin to reaccumulate.

What This Means for Bitcoin Going Forward
The combination of regional divergence, historical cycle alignment, and record capitulation paints a complex but informative picture. Bitcoin’s recent weakness is not being driven by a uniform global exit. Instead, selling pressure appears concentrated in specific regions and sessions, while other markets continue to provide meaningful support.

Capitulation, while unsettling, often plays a critical role in resetting market structure. When selling becomes exhausted, volatility tends to decline, creating conditions for stabilization or gradual recovery. The fact that Asian demand has remained resilient during this phase suggests that global interest in Bitcoin has not disappeared—it has simply shifted.

In the near term, volatility is likely to remain elevated as markets digest the recent sell-off. However, from a broader perspective, Bitcoin’s behavior continues to fit within familiar historical patterns rather than signaling an unprecedented breakdown.

As liquidity rotates across regions and capitulation runs its course, the market’s next phase will depend less on panic-driven selling and more on whether sustained demand can re-emerge once pressure subsides.

Continue Reading

Trending