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BlockDAG CEO Antony Turner Discusses $600M Milestone: Bitcoin Cash Price Drop and Chainlink Supply Reduction
The post BlockDAG CEO Antony Turner Discusses $600M Milestone: Bitcoin Cash Price Drop and Chainlink Supply Reduction appeared on BitcoinEthereumNews.com. Following the launch of Mt. Gox’s repayment efforts, Bitcoin Cash has seen a 5% price drop, and Chainlink’s (LINK) available stock on exchanges has shrunk from 23.0% to 21.4%, hinting at an upcoming bullish phase. Amid these shifts, BlockDAG emerges prominently, highlighted by its leadership unveiling which has sparked considerable interest in the crypto sphere. After this reveal, CEO Antony Turner elaborated on BlockDAG’s objectives and features in a detailed interview. This highly anticipated discussion provided insights into the innovative strategies driving the project forward. As a result, BlockDAG’s presale saw an impressive surge, amassing a remarkable $64 million, with a single day’s gain of $1 million in Batch 21. This momentum boosted the price from $0.0164 to $0.017, further solidifying its status as a leading crypto project to watch closely. Bitcoin Cash Faces Downward Trend Due to Mt. Gox Payouts Recently, Bitcoin Cash has faced a downturn, dropping 5% to $368 as a result of heightened selling pressure. This fall coincided with the start of the Mt. Gox repayment initiative, prompting creditors to pull their BCH and BTC from Kraken. Kraken CEO David Ripley affirmed the program’s effectiveness, noting that 48,641 BTC had been distributed. Moreover, Mt. Gox moved a considerable amount of BTC to Bitstamp, which also influenced market prices. Despite the recent decline, market analysts foresee a possible 41% surge to $529 if the bullish reversal pattern on the price chart persists. Chainlink’s Lowered Supply Suggests Uptrend Over the last 30 days, Chainlink’s (LINK) presence on exchanges significantly decreased from 23.0% to 21.4%, indicating a possible bullish rise. This supply drop reflects previous patterns where LINK experienced a 123% increase. Current technical signals, including the TD Sequential buy signal and a completed falling wedge pattern, indicate a likely bullish reversal. With investors transferring their tokens to long-term…
The post BlockDAG CEO Antony Turner Discusses $600M Milestone: Bitcoin Cash Price Drop and Chainlink Supply Reduction appeared on BitcoinEthereumNews.com.
Following the launch of Mt. Gox’s repayment efforts, Bitcoin Cash has seen a 5% price drop, and Chainlink’s (LINK) available stock on exchanges has shrunk from 23.0% to 21.4%, hinting at an upcoming bullish phase. Amid these shifts, BlockDAG emerges prominently, highlighted by its leadership unveiling which has sparked considerable interest in the crypto sphere. After this reveal, CEO Antony Turner elaborated on BlockDAG’s objectives and features in a detailed interview. This highly anticipated discussion provided insights into the innovative strategies driving the project forward. As a result, BlockDAG’s presale saw an impressive surge, amassing a remarkable $64 million, with a single day’s gain of $1 million in Batch 21. This momentum boosted the price from $0.0164 to $0.017, further solidifying its status as a leading crypto project to watch closely. Bitcoin Cash Faces Downward Trend Due to Mt. Gox Payouts Recently, Bitcoin Cash has faced a downturn, dropping 5% to $368 as a result of heightened selling pressure. This fall coincided with the start of the Mt. Gox repayment initiative, prompting creditors to pull their BCH and BTC from Kraken. Kraken CEO David Ripley affirmed the program’s effectiveness, noting that 48,641 BTC had been distributed. Moreover, Mt. Gox moved a considerable amount of BTC to Bitstamp, which also influenced market prices. Despite the recent decline, market analysts foresee a possible 41% surge to $529 if the bullish reversal pattern on the price chart persists. Chainlink’s Lowered Supply Suggests Uptrend Over the last 30 days, Chainlink’s (LINK) presence on exchanges significantly decreased from 23.0% to 21.4%, indicating a possible bullish rise. This supply drop reflects previous patterns where LINK experienced a 123% increase. Current technical signals, including the TD Sequential buy signal and a completed falling wedge pattern, indicate a likely bullish reversal. With investors transferring their tokens to long-term…
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