Why BlockDAG's Early Sale Outshines AVAX and SHIB's Return to the Crypto Scene

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Why BlockDAG's Early Sale Outshines AVAX and SHIB's Return to the Crypto Scene

Bitget-RWA2025/10/25 17:26

By:Bitget-RWA

- BlockDAG's $430M presale nears $600M target, with 27B tokens sold at $0.0015, driving speculation about Kraken/Coinbase listings. - Kraken secures $500M funding at $15B valuation, plans IPO by year-end and U.S. derivatives platform expansion via NinjaTrader acquisition. - AVAX and SHIB show cautious recovery but remain overshadowed by BlockDAG's EVM compatibility, 2,000-15,000 TPS throughput, and presale momentum. - Influencer-driven listing rumors and 3.5M X1 app miners boost BlockDAG's infrastructure,

Activity in the cryptocurrency sector is on the rise, with BlockDAG fueling speculation about reaching a $600 million fundraising milestone. Meanwhile, leaks involving Kraken and

Coinbase

have taken the spotlight away from the recovery momentum seen in

Avalanche

(AVAX) and

Shiba Inu

(SHIB). Both AVAX and SHIB are regaining ground as market sentiment improves, but BlockDAG’s prospects for exchange listings and its technological progress are drawing considerable investor interest, as noted by

The Crypto Updates article

Why BlockDAG's Early Sale Outshines AVAX and SHIB's Return to the Crypto Scene image 0

Kraken is also preparing for a significant milestone. The platform raised $500 million in September, led by Apollo Global Management, Oppenheimer, and HSG (formerly Sequoia Capital China), bringing its valuation to $15 billion, as detailed in a

TradingView report

. This comes after a record-setting third quarter, with revenues climbing to $648 million—a 114% increase from the previous year, according to a

Yahoo Finance report

. Kraken’s co-CEO Arjun Sethi and Tribe Capital also joined the funding round, as reported by

Reuters report

, reflecting strong confidence in Kraken’s growth strategy, which includes acquiring NinjaTrader and the Small Exchange to establish a U.S. derivatives platform. The exchange is planning to file for an IPO by the end of the year, aiming for a public listing in the first quarter of 2026.

Avalanche (AVAX) and Shiba Inu (SHIB) are showing signs of cautious recovery.

AVAX

has bounced back to $38.20 after testing crucial support, with some analysts predicting a possible surge above $40. Its growing DeFi landscape and Subnet expansion have drawn institutional developers, though attention is divided as BlockDAG’s listing rumors continue to trend online.

SHIB

, currently trading near $0.000028, has posted a 5% gain over the past week but faces bearish signals, such as a descending triangle pattern that could drive its price down to $0.000006 if support is lost, according to a

Coinpaper analysis

. While whale accumulation and the Shibarium Layer-2 network provide hope for the long term, short-term price swings remain a concern.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- Ethereum's 12% November price drop triggered strategic accumulation by institutions, with BitMine Immersion Technologies buying 3.5M ETH ($13.2B) to become the largest Ethereum treasury. - BitMine's "Alchemy of 5%" strategy aims to control 5% of Ethereum's supply, with recent $389M weekly purchases accelerating its 2.9% ownership stake. - Market reactions were mixed: Ethereum rebounded to $3,528 while exchange reserves hit 2016 lows, and BitMine's stock rose 5% despite 20% YTD losses. - Propanc Biopharma

Bitget-RWA•2025/11/10 23:40

Ethereum Updates: BitMine's Acquisition of Ethereum Echoes MicroStrategy's Bitcoin Strategy, Ignites Discussion

Greenidge's Emissions Agreement Establishes a New Standard for the Crypto Sector

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Bitget-RWA•2025/11/10 23:26

Greenidge's Emissions Agreement Establishes a New Standard for the Crypto Sector

Ethereum News Update: Realizing PoS Capabilities: Authorities Approve Staking for ETPs

- U.S. Treasury and IRS issued guidance allowing crypto ETPs to stake Ethereum and Solana without regulatory risks, advancing PoS blockchain adoption. - Framework requires ETPs to hold single PoS assets, use qualified custodians, and maintain liquidity for redemptions during staking. - Staking yields (1.8-8% annually) now accessible to retail investors via compliant ETPs, with rewards taxed as income at receipt. - Industry leaders called the move transformative, removing legal barriers for fund sponsors wh

Bitget-RWA•2025/11/10 22:58

Ethereum News Update: Realizing PoS Capabilities: Authorities Approve Staking for ETPs

SI-BONE's innovative approach fuels both EBITDA gains and increased revenue

- SI-BONE reported Q3 2025 adjusted EBITDA of $2. 3M and raised full-year revenue guidance to $198M–$200M. - Gross margin expanded to 79.8%, while operating losses narrowed by 29.5% despite 11.9% higher operating expenses. - Cash reserves remained stable at $145.7M, with CEO citing growth from minimally invasive solutions and global expansion. - Analysts highlight innovation and expanded indications as key drivers for future orthopedic market share gains.

Bitget-RWA•2025/11/10 22:32