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

ChimpX AI Announces Final Pre-Sale of SuperApp on BNB Chain: Grab $CHIMP at $0.25 Before February Listing

Published

on

As the broader cryptocurrency market begins its much-anticipated structural recovery, the window is rapidly closing for investors to gain early-stage exposure to one of the year’s most significant “DefAI” projects. ChimpX AI has officially entered its final pre-sale phase on the AlphaMind launchpad, offering the global community a final chance to acquire the $CHIMP token at a strategic valuation before it transitions to public trading on PancakeSwap later this month.

The timing of this launch is critical. Following a turbulent start to 2026, Bitcoin and BNB are signaling a definitive reversal. As capital rotates back into utility-driven ecosystems, ChimpX AI is positioning itself as the premier “SuperApp” for the BNB Chain. This final pre-sale round on AlphaMind is not merely a fundraising event; it is the final gate before the protocol enters the open market with a functional product and a rapidly growing user base.

The AlphaMind Advantage: A Strategic Entry Point

The AlphaMind round is specifically structured to reward early conviction. Following sold-out IDOs on premier platforms like SPORES and Poolz Finance, ChimpX AI has reserved this final allocation for retail participants at a price point of $0.25 per token. With a $4 million Fully Diluted Valuation (FDV) at the pre-sale level, $CHIMP represents a rare opportunity to enter a high-utility infrastructure project before the typical “listing volatility” associated with top-tier DEX launches.

Furthermore, the round features a 25% unlock at the Token Generation Event (TGE). For participants, this provides a significant liquidity advantage, allowing them to benefit from the initial market momentum immediately upon the PancakeSwap listing.

Mojo: The Tech Driving the Hype

The frenzy surrounding the $CHIMP pre-sale is driven by the successful launch of the Mojo SuperApp (available at app.chimpx.ai). Unlike many speculative AI projects that offer “vaporware,” ChimpX AI has delivered a working product that addresses the biggest barrier to DeFi: Gas Fees.

By integrating Account Abstraction on the BNB Chain, Mojo allows users to trade, lend, and manage assets without ever needing to hold gas tokens. This “invisible blockchain” experience—where the complexity of Gwei and gas limits is abstracted away by AI—is widely considered the “Holy Grail” for retail onboarding in 2026.

Countdown to PancakeSwap

The urgency for the AlphaMind round is high, as the project prepares for its primary listing on PancakeSwap in February. Market analysts note that similar AI-driven DeFi projects on the BNB Chain have seen massive price discovery post-listing, especially when backed by a functional product.

Investors can participate by visiting https://app.alphamind.co/ido/6989a7df51f2ab92207ec335?invite=rmzD-2dY

The process is streamlined to allow for quick commitments with a maximum ticket size of $15,000 per wallet.

Official Ecosystem Links:

Continue Reading

Crypto

What Drives XRP Price? Ripple Insider Highlights Liquidity Over Hype

Published

on

Greg Kidd, an early executive at Ripple and a long-time figure in the cryptocurrency space, has shared fresh insights into what truly drives XRP’s long-term relevance. Rather than focusing on short-term price fluctuations, Kidd argues that liquidity and supply dynamics are the most critical factors determining XRP’s role and sustainability within the global financial system.

According to Kidd, XRP’s value proposition lies in its ability to function efficiently within payment infrastructure, not in speculative price movements. He believes that without deep and reliable liquidity, XRP cannot fully perform its intended purpose, regardless of how high its market price may rise.

Early XRP Investment Reflects Long-Term Conviction

Kidd revealed in a past interview that he still holds a substantial XRP position, having acquired roughly 1% of the total XRP supply more than five years ago. This investment predates the wave of institutional adoption and modern crypto market infrastructure, underscoring his long-standing confidence in XRP as a financial utility rather than a speculative asset.

His early involvement gives him a rare, long-term perspective on how real value is created within blockchain ecosystems. Kidd views XRP as a tool designed to solve liquidity challenges in global finance, not simply as a vehicle for price appreciation.

XRP’s Role as a Bridge Asset in Ripple’s Ecosystem

Kidd emphasized that XRP’s primary function is to act as a bridge asset within Ripple’s payment network. While Ripple builds enterprise-grade systems for cross-border transfers, XRP enables seamless movement of value between different fiat currencies.

He noted that XRP’s effectiveness is independent of Ripple’s corporate performance. Instead, the token’s strength lies in its ability to provide fast, cost-efficient liquidity across markets, making it suitable for large-scale transactional use.

Liquidity Matters More Than Price

A key takeaway from Kidd’s commentary is that liquidity outweighs price when it comes to XRP’s utility. High liquidity allows participants to move in and out of positions quickly, with minimal slippage—an essential requirement for institutional and cross-border payment use cases.

Kidd explained that even if XRP’s price increases, a lack of deep and efficient markets would limit its usefulness. In contrast, strong liquidity enables XRP to function as a reliable transactional instrument within the global payments ecosystem.

Supply, Demand, and Long-Term Price Potential

While liquidity is central to XRP’s role, Kidd acknowledged that supply constraints and rising demand naturally influence price over time. As adoption grows and markets mature, increased demand relative to available supply could support long-term price appreciation.

However, he stressed that any meaningful upside would be driven by real usage and sustained participation rather than speculation. In his view, price growth should be a byproduct of utility, not the primary objective.

Ripple’s Vision for Blockchain-Based Banking

Beyond XRP, Kidd has shared a broader vision for Ripple’s role in transforming traditional finance. Speaking at the XRP Las Vegas conference in June 2025, he suggested that blockchain technology could modernize legacy banking systems and integrate traditional institutions into decentralized networks.

In his current role as CEO of Vast Bank, Kidd is working on issuing FDIC-insured U.S. dollar tokens on the XRP Ledger. These tokens operate under a fractional-reserve model and aim to deliver capital efficiency, interest generation, regulatory protection, and 24/7 cross-border payment capabilities. He also plans to expand this framework to other currencies, including the British pound and the euro.

Conclusion

Greg Kidd’s perspective reinforces the idea that XRP’s long-term success depends far more on liquidity, structured adoption, and real-world utility than on short-term price action. While price appreciation may follow as markets deepen, Kidd believes XRP’s true value lies in its ability to function as a reliable bridge asset within a modernized global financial system.

Continue Reading

Crypto

Supreme Court Decision Expands Crypto Seizure Powers in South Korea

Published

on

South Korea’s Supreme Court has delivered a landmark ruling that significantly reshapes how cryptocurrency is treated under criminal law. In a historic decision dated December 11, 2025, and made public in early 2026, the court ruled that Bitcoin held on domestic cryptocurrency exchanges can be legally seized during criminal investigations under the Criminal Procedure Act.

The ruling brings long-awaited clarity after years of legal uncertainty surrounding whether digital assets qualify as seizable property in criminal cases. The case stemmed from a police investigation into alleged money laundering, during which authorities seized 55.6 Bitcoin from an individual’s account on a local cryptocurrency exchange. The defense argued that Bitcoin, being intangible, could not be classified as property subject to seizure. However, the Supreme Court firmly rejected this argument.

In its reasoning, the court explained that “seizable property” under the Criminal Procedure Act is not limited to physical assets. Instead, it also includes electronic data and other forms of property that hold economic value. The justices concluded that Bitcoin meets these criteria, describing it as an electronic asset that can be independently managed, traded, and economically controlled. As a result, it can be confiscated when legal conditions are satisfied.

The ruling further confirmed that digital assets stored in custodial exchange wallets—such as those operated by major Korean platforms—fall within the scope of lawful seizure. This interpretation aligns with previous judicial views in South Korea, which have already recognized virtual assets as non-tangible property with real economic value.

Implications for Law Enforcement and Crypto Exchanges

This decision is expected to significantly strengthen prosecutorial powers in crypto-related criminal cases, particularly those involving money laundering, fraud, or the concealment of illegal proceeds through digital assets. By resolving a long-standing legal debate, the ruling removes a major obstacle that previously complicated enforcement actions involving exchange-held cryptocurrencies.

Legal experts note that the decision is consistent with South Korea’s broader regulatory stance on digital assets. Over the past year, authorities have increased scrutiny of the crypto sector and imposed penalties on several exchanges for violations related to anti-money laundering compliance.

While the ruling does not directly impact lawful users of cryptocurrency, it is likely to encourage exchanges to enhance their cooperation with law enforcement agencies. This may include faster response mechanisms, improved asset-freezing procedures, and stronger internal compliance systems to meet legal obligations.

Overall, the Supreme Court’s decision marks a major step forward in the legal treatment of virtual assets in South Korea. By clearly stating that Bitcoin held on exchanges is subject to seizure under criminal law, the ruling provides much-needed guidance for investigators and prosecutors. As the crypto landscape continues to evolve, this precedent is expected to play a critical role in shaping future enforcement practices within South Korea’s digital asset ecosystem.

Continue Reading

Trending