Ripple (XRP) News: Revolutionizing Real-World Assets. Theta Network is on the brink of a breakout, which could significantly enhance its value.
Cryptocurrency Innovations: XRP to Mobilise Real-World Assets, Theta Primed for Breakout
In the realm of cryptocurrency, several noteworthy developments are unfolding, promising to reshape the landscape for digital asset enthusiasts.
Among the recent headlines, Ripple (XRP) has forged a partnership with Archax, the UK’s first Financial Conduct Authority (FCA)-approved crypto exchange. This collaboration aims to mobilise significant tokenised real-world assets on the XRP Ledger (XRPL) over the next year.
As highlighted by Ripple CEO Brad Garlinghouse, the initiative comes at a time when more financial institutions are turning to blockchain technology for tokenising real-world assets, a trend that is expected to accelerate in the coming period.
With the XRP Ledger renowned for its institutional-grade qualities, including speed, cost-efficiency, and carbon neutrality, its role in facilitating institutional-grade decentralised finance (DeFi) is poised to grow.
Meanwhile, crypto analyst CobraVanguard has shared his perspective on Theta Network (THETA), suggesting that the cryptocurrency is on the cusp of a potential breakout.
According to the analyst, Theta is displaying the development of a bull flag pattern, a technical formation that could propel its price to $3.7—a substantial increase from its current price of $2.02.
However, it is crucial to note that while Theta boasts a market capitalisation of over $2 billion, rendering it less susceptible to manipulation, the market remains largely unpredictable.
As such, while interest in Theta is rising, evident in its 13% increase in trading volume, its failure to break out could hamper its market progression.
On the other hand, a successful breakout would likely propel Theta to a strong position within the altcoin market.
In another realm of innovation, BlockDAG is revolutionising crypto mining with its X1 Miner App, a cloud-based application that empowers users to effortlessly mine up to 20 BDAG coins daily from their mobile devices.
Available for download from both the App Store and Google Play, the X1 Miner, despite its compact size of 50 MB, is designed to operate seamlessly on iOS and Android.
Leveraging an efficient Proof-of-Work (PoW) algorithm, the app optimises energy and data consumption during the mining process.
Among its standout features is the daily boost button, which users can press every 24 hours to amplify their mining rate—a measure that enhances user engagement without compromising phone battery life.
Furthermore, a ranking system is integrated within the app to provide additional rewards as users progress in their mining endeavours.
BlockDAG's dedication to improvement is showcased by over 45 developer releases, keeping the community updated and the X1 Miner App at the cutting edge of technology.
These updates are available on the “Dev Releases” section on the BlockDAG website, indicating a vigorous development schedule.
In the final stretch of its presale, BlockDAG has garnered immense enthusiasm, reflected in the over $52.7 million raised thus far.
From the first to the eighteenth batch, the price has surged by 1120%, with 11.7 billion coins sold and 8074 miners sold, generating a total revenue of $3.4 million.
As an early participant in this pioneering venture, you stand to reap the benefits of a promising cryptocurrency mining project. Join the BlockDAG presale now and be a part of this groundbreaking initiative.
To participate in the BlockDAG presale and become a part of this pioneering cryptocurrency mining venture, follow these steps:
Visit the BlockDAG website at https://blockdag.network.
Click on the "Presale" tab in the menu bar.
You will be redirected to the purchase page at https://purchase.blockdag.network.
Connect your preferred cryptocurrency wallet, such as MetaMask or Wallet Connect, to the page.
Enter the desired amount of crypto you wish to contribute to the presale in the designated field.
Click on the "Buy BDAG" button to complete your purchase and receive BDAG coins at the conclusion of the presale.
For further updates and information on BlockDAG, join the Telegram community at https://t.me/blockDAGnetworkOfficial and the Discord server at https://discord.gg/Q7BxghMVyu.
News source:https://www.kdj.com/cryptocurrencies-news/articles/blockdag-revolutionizing-crypto-mining-groundbreaking-x-app-miner.html
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