Ethereum
Bitcoin and Ethereum face down / BlockDAG’s new dashboard rules
Recently, Ethereum (ETH) investors have found themselves at the forefront of this turmoil, as the price sees a significant decline. Meanwhile, mining companies are grappling with declining post-halving Bitcoin hash rates, adapting to the changing profitability landscape.
Amid these challenges, BlockDAG emerges with an innovative dashboard, offering investors secure and “easy-to-use” solutions to market complexities. It provides real-time updates and increases transparency.
Ethereum investors remain cautious about their commitments
Ethereum investors are seeing a shift as its value becomes volatile, with an increase in short-term investments eclipsing long-term holdings. Ethereum (ETH) has fallen almost 10% over the past week. Technical analysis indicates that Ethereum has broken support structures, signaling bearish pressure. Liquidity near $3,200 suggests potential near-term upside before a decline to $2,800, setting the stage for a rally. Additionally, the activation of dormant Bitcoin wallets, liquidating 500 BTC each, adds pressure on investor sentiment.
Bitcoin Hash Rate Declines After Halving
After the fourth Bitcoin halving, mining companies shut down unprofitable rigs, causing the Bitcoin hash rate to drop. The hash rate fell to a two-month low of 575 exahash per second (EH/s), before recovering slightly to 586 EH/s. Experts predicted this reduction, expecting the hash rate to increase next year. Increasing mining costs, especially after the halving, and rising electricity expenses are contributing to this decline. However, optimizing energy strategy costs and improving mining efficiency could alleviate these challenges.
BlockDAG: supporting investors with informed management
In a market full of competitors like TRON and Polygon, BlockDAG stands out with revolutionary technology and strong pre-sale results, raising $28.3 million and providing investors with 30,000x return potential. And this pre-sale success is largely due to the important features of its new dashboard.
BlockDag’s dashboard functions as a central platform that improves user engagement by simplifying investment tracking and benchmarking revenue. Key features like “Hot News” and “Current Rank” ensure users are well-informed and engaged, providing a gamified experience that motivates greater participation. The “Wallet” feature consolidated financial activities in one place, enabling efficient management of balances and miner activities, essential for maintaining user trust and ease of use.
Additionally, “Ranking Overview” and “Latest Transactions Overview” provide a quick overview of ecosystem dynamics, encouraging competitive yet transparent interaction between users. The “Reference Screen” drives community growth by rewarding users who attract new participants into the ecosystem and leveraging social connections for network expansion.
Finally, BlockDAG’s commitment to accessibility is evident through its low-code/no-code platform, which democratizes blockchain development by allowing users without extensive coding knowledge to create and deploy assets digital. This strategic approach broadens the appeal of the platform and paves the way for potential exponential returns, aiming for massive ROI.
Last words
Ethereum investors are currently experiencing a period of uncertainty, which is reflected in the decreasing number of active addresses and changing market sentiments. Meanwhile, the Bitcoin ecosystem is demonstrating robustness with an increasing hash rate, which indicates strong network security and miner engagement.
For those considering better alternatives, BlockDAG presents a compelling option. With its user-centric dashboard, BlockDAG improves interaction and simplifies transactions, making blockchain more accessible through its low-code/no-code platform. For investors and developers, transitioning to BlockDAG could mean leveraging cutting-edge technology to ensure higher returns and more substantial engagement in the evolving crypto landscape.
Join the BlockDAG presale now!
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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