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BlockDAG’s Massive 100M BDAG Airdrop is Officially Live As AVAX Strengthens At $18 And PI Holds

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Why is there so much buzz right now around Avalanche (AVAX) and Pi network (PI) prices? Many are watching AVAX test key resistance near $18.50, while Pi stays firm at $0.54 ahead of a big event. But there’s another project making noise, not for price moves but for what it’s doing with its users. BlockDAG is not just promising future gains; it’s rewarding users now. 

The live airdrop campaign by BlockDAG (BDAG) offers rewards for actions such as joining the testnet, posting on social media, making referrals, and participating in app activity. Whether testing the miner or uploading a TikTok, users earn real rewards. With the top 100 leaderboard resetting every 90 days, users get fast payouts. For anyone looking for standout crypto in 2025, this is a project offering rewards right now.

AVAX Holds Firm at $18.47 Support

Avalanche (AVAX) continues to trade in a mixed pattern while maintaining activity in the market. After recently climbing to $18.47, AVAX is now holding just above $18 and testing a strong resistance zone. Technical indicators such as the MACD and RSI suggest potential upward movement, though risks of a drop to $15 remain if momentum weakens. 

On-chain activity is increasing, with larger holders showing confidence, while retail traders remain cautious, selling off $821K worth of coins in the last 24 hours. Analysts are closely observing whether AVAX can break past $18.50 to move toward $19 to $20, or if it will fall below $15 for a sharper correction.

PI Holds Strong at $0.54 Ahead of Pi2Day Buzz

Pi network (PI) is holding firm at $0.54, with recent price action ranging between $0.506 and $0.551. As the Pi2Day event nears on June 28, market watchers are anticipating news that could influence movement. Indicators like the MACD and RSI reveal growing momentum, while a wedge chart pattern hints at a potential breakout. A rise above $0.55 could send the price toward $0.60 or more. 

A dip below $0.52 may increase short-term selling pressure. The network continues to expand, now boasting over 60 million users and over 100 days on its open mainnet. On-chain activity is strong, with 6.5 million PI coins moved to exchanges.

BlockDAG Airdrop Pays Top 100 Every 90 Days in Rewards

BlockDAG is taking an active approach by offering rewards through its live airdrop campaign. The project encourages participation through four simple ways to earn points. These include joining the testnet, sharing on social media platforms, inviting new users, and purchasing in the presale. Whether it involves running a node, posting a YouTube video, or sharing updates on X, every action counts toward the leaderboard. 

The top 100 participants receive rewards every 90 days, providing fast and clear benefits to those engaging with the platform. This reward-driven model has helped BlockDAG become a standout project among the top crypto contenders for 2025.

Currently, more than 2 million users are active on the X1 Miner app. The project is also preparing to ship mining hardware units, with X30 and X100 expected by July 7 and X10 units by August 15.

BlockDAG is in Batch 29, with the presale price at $0.0080. More than 23.3 billion coins have already been sold, raising $325 million toward a goal of $600 million across 45 batches. 

The Batch 29 original price is set at $0.0276, while early buyers from Batch 1 have seen gains of 2,660%. Plans for listings on exchanges like MEXC, BitMart, and LBank are underway. BlockDAG offers practical tools and real earnings, positioning itself as a key crypto to watch in 2025.

Summing Up!

Avalanche (AVAX) remains steady near $18, with market watchers tracking a possible breakout above $18.50 or a decline toward $15. The Pi network (PI) holds near $0.54, with anticipation building ahead of the Pi2Day event. Both coins show active market participation, though short-term price movements rely heavily on upcoming updates. 

In comparison, BlockDAG continues rewarding its community through an active airdrop program. By testing the network, engaging on social platforms, and referring others, participants gain rewards, with payouts every 90 days. For those seeking standout crypto projects for 2025, BlockDAG presents an appealing opportunity to remain engaged and earn consistently while contributing to its ecosystem.

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

Strategy Buys $2.5B in Bitcoin, Holdings Surpass 800,000 BTC

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Michael Saylor’s company Strategy has made another massive Bitcoin purchase, pushing its total holdings past 800,000 BTC and reinforcing its position as the largest public holder of the asset.

Massive $2.5 Billion Bitcoin Purchase

Strategy acquired 34,164 Bitcoin for approximately $2.54 billion between April 13 and April 19, according to a recent SEC filing.

The purchase ranks as the company’s third-largest Bitcoin buy ever, highlighting its continued aggressive accumulation strategy.

The coins were bought at an average price of $74,395 per BTC, slightly below Strategy’s overall average purchase price.

Total Holdings Now Above 800K BTC

Following the latest acquisition, Strategy now holds:

  • 815,061 BTC total
  • Purchased for roughly $61.56 billion

This milestone comes just one week after the company revealed a separate $1 billion Bitcoin purchase, showing how rapidly it continues to scale its position.

Funded Largely Through STRC Offering

A significant portion of the latest purchase was funded through Strategy’s preferred stock offering:

  • $2.18 billion (85.7%) came from STRC issuance
  • $366 million came from selling Class A shares (MSTR)

The STRC program has become a core funding mechanism for Strategy’s Bitcoin accumulation strategy.

Record-Breaking Buying Activity

The company also set new internal records during the buying period.

On April 13 and 14 alone, Strategy executed massive purchases tied to its at-the-market (ATM) program:

  • ~7,741 BTC in one day
  • ~9,364 BTC the next day

Combined, these two days accounted for over 17,000 BTC, marking a sharp increase compared to previous weekly averages.

Saylor Teased the Move

Michael Saylor hinted at the purchase ahead of time with a cryptic “Think Even Bigger” post, a pattern he has used before major acquisition announcements.

Dividend Strategy to Boost Demand

Alongside its Bitcoin buying spree, Strategy is also exploring changes to its investor offering.

The company recently proposed semi-monthly dividend payments for its STRC preferred shares, aiming to:

  • Stabilize share price
  • Increase liquidity
  • Attract more investor demand

If approved, Strategy would become one of the few companies globally to offer such frequent dividend payouts.

Strategy Doubles Down on Bitcoin Conviction

This latest purchase reinforces Strategy’s long-term bet on Bitcoin as a primary treasury asset.

Despite market volatility and unrealized losses in prior quarters, the company continues to accumulate aggressively, signaling strong confidence in Bitcoin’s future value.

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Crypto

Bitnomial Launches Injective Futures in US, Eyes Potential ETF Path

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Chicago-based crypto exchange Bitnomial has introduced monthly futures contracts tied to Injective, marking the first US-regulated derivatives product for the token and a potential step toward future ETF approval.

The launch gives traders regulated exposure to Injective’s native token without needing to directly hold the asset.

First US-Regulated Futures for Injective

According to the announcement, the new contracts settle in INJ and come with monthly expiries. Traders can gain price exposure while using either crypto or US dollars as margin through Bitnomial’s clearinghouse.

The move establishes a formal trading history for Injective in regulated markets, which could be significant for future financial products.

ETF Eligibility Could Follow

The listing also initiates a six-month track record, a key requirement that could support the approval of a spot exchange-traded fund under US Securities and Exchange Commission rules.

Earlier, Canary Capital filed for a staked INJ ETF, with Cboe BZX Exchange submitting a related rule change proposal to the SEC.

Institutional traders can access the futures immediately, while retail users are expected to gain access soon through Bitnomial’s Botanical platform. The exchange also plans to expand its offerings with perpetual futures and options tied to INJ.

Injective’s Role in DeFi Infrastructure

Injective operates on a Layer 1 blockchain designed for financial applications. It features an onchain order book and supports cross-chain functionality with networks such as Ethereum and Solana.

This infrastructure positions Injective as a key player in decentralized finance, particularly for trading and derivatives use cases.

Bitnomial Expands Altcoin Derivatives

Bitnomial, which operates under Commodity Futures Trading Commission oversight, continues to expand its range of crypto derivatives products.

In January, the exchange launched futures tied to Aptos, marking another step toward bringing altcoins into regulated US derivatives markets.

However, expanding beyond major cryptocurrencies has not been without challenges.

Regulatory Hurdles Persist

US-regulated crypto futures are still largely concentrated around Bitcoin and Ether, with altcoin-based products facing greater scrutiny.

Bitnomial previously attempted to list XRP futures in 2024, but the effort was challenged by the SEC. After legal proceedings, the exchange ultimately launched regulated XRP futures in March 2026, citing a shift in the regulatory landscape.

Other platforms have taken a more gradual approach. Coinbase introduced regulated Bitcoin and Ether futures for institutional clients in 2023 and later expanded access to retail traders. Meanwhile, Kraken strengthened its position in derivatives by acquiring NinjaTrader in a $1.5 billion deal.

Growing Momentum in US Crypto Derivatives

The launch of Injective futures reflects a broader push to expand regulated crypto derivatives offerings in the United States.

As regulatory clarity improves, more exchanges are exploring ways to introduce new products tied to altcoins, potentially paving the way for a wider range of ETFs and institutional investment opportunities.

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Crypto

CoreWeave Signs $6B Deal With Jane Street to Power AI Trading Operations

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CoreWeave has secured a major $6 billion agreement with quantitative trading firm Jane Street, as demand for high-performance AI computing continues to grow across financial markets.

The deal will see Jane Street use CoreWeave’s AI cloud infrastructure to support its trading and research operations, which increasingly rely on advanced data processing and machine learning models.

Jane Street Taps GPU Power for Trading Edge

Under the agreement, CoreWeave will provide computing capacity from multiple data centers, giving Jane Street access to large-scale GPU-powered infrastructure.

The trading firm said it requires this level of computing power to stay competitive as artificial intelligence becomes more deeply integrated into trading strategies and research workflows.

In addition to the infrastructure deal, Jane Street also invested $1 billion in CoreWeave, purchasing Class A common stock at $109 per share.

CoreWeave Stock Sees Modest Uptick

Following the announcement, shares of CoreWeave (CRWV) rose about 1.5%, reaching approximately $119.04 at the time of reporting.

The deal adds to growing investor confidence in the company’s role as a key provider of AI-focused cloud infrastructure.

Expanding AI Partnerships

The Jane Street agreement comes just one week after CoreWeave announced a separate partnership with Anthropic.

Under that deal, Anthropic will use CoreWeave’s infrastructure to run its Claude AI models, further strengthening CoreWeave’s position in the AI ecosystem.

From Crypto Mining to AI Infrastructure

CoreWeave originally launched in 2017 as a crypto mining company under the name Atlantic Crypto before pivoting to AI cloud computing in 2019.

This early transition has given the company a significant advantage as demand for GPU-based computing has surged.

The shift also highlights a broader trend in the industry, where former crypto mining firms are repurposing their infrastructure to support AI workloads as mining revenues become less predictable.

Leading the “Neocloud” Market

CoreWeave is now considered a leader in the so-called “neocloud” sector, which focuses on GPU-driven cloud computing designed specifically for AI applications.

Unlike traditional cloud providers that rely on CPUs for general computing tasks, neocloud platforms are optimized for intensive AI workloads such as model training and large-scale data analysis.

Analysts from Bernstein noted that CoreWeave stands out among its peers, including IREN and Nebius, due to its strong commercial performance, diverse customer base, and mix of long-term contracts and on-demand services.

The company also claims that nine of the top ten AI model providers now use its platform, underscoring its growing influence in the space.

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