Why Are BlockDAG’s Mining Rigs Top Choice for Users of All Levels as Aptos Targets $30 & Aave News Highlights $500M Lending Surge The Aptos technical analysis signals a push toward $30, reigniting investor excitement as it challenges long-term resistance. Meanwhile, Aave’s lending platform dominates the DeFi sector, but bearish pressure on the $AAVE token raises questions about its next move. But BlockDAG (BDAG) commands this week’s headlines with its advanced mining capabilities and making crypto mining accessible for everyone — from casual users to pros with its X Series miners. Its X1 mining app turns smartphones into money-makers, redefining the future of decentralized mining. BlockDAG is on a roll, backed by unmatched profitability and a record-breaking $170 million presale earnings, with $6 million raised from miner sales alone. Crypto analysts predict that BlockDAG will hit $1 by 2025, making BlockDAG’s mining rigs one of the top crypto miners to own. Aptos Technical Analysis: Breakout Signals $30 Target The Aptos technical analysis highlights a strong recovery, positioning APT for a breakout from a 690-day resistance trend line. After a recent low at $10.41, the price rebounded, forming a bullish lower wick that validated support at $10.70. This resurgence pushed APT back to the descending resistance, currently at $15.30. The Aptos’ technical analysis suggests that indicators like the RSI, nearing 70, and MACD above zero confirm rising momentum, signaling a potential breakout. If APT clears this resistance, minimal obstacles remain before reaching a new all-time high. The Aptos technical analysis shows the possibility of $30.25, marking a significant upward move and renewed investor optimism. Aave News: Lending Activity Grows But $AAVE Stays Bearish Recent Aave news highlights the protocol’s impressive surge in lending activity, with netflows surpassing $500 million on Ethereum in the past week. Despite this, the $AAVE token remains under pressure, dropping over 14% in two weeks. While Aave dominates the DeFi space, its price action has failed to reflect its platform’s growth. Analysts attribute the dip to reduced network activity and mounting selling pressure, keeping $AAVE in a bearish trajectory. Aave continues to showcase its fundamentals, including generating $500 million in revenue this year, yet token performance lags behind. As market conditions change, investors hope Aave’s consistent success will eventually lift AAVE’s price sentiment. BlockDAG Redefines Mining for Miners of All Levels BlockDAG’s Proof-of-Work system revolutionizes mining, ensuring it’s accessible to all and not just large players. By leveraging mobile mining through the X1 Miner App, BlockDAG democratizes crypto mining, enabling anyone with a smartphone to mine BDAG coins efficiently. Backed by over 270K active users, the X1 App has made mining simple, energy-efficient, and profitable, reinforcing BlockDAG’s commitment to inclusivity. This balanced approach prevents centralization, safeguarding network security and fairness. Complementing the X1 is the X10 device, which boosts mining efficiency up to 200 BDAG daily with minimal setup. The combination of leading-edge mobile mining, low barriers to entry, and unmatched profitability sets BlockDAG’s X Series as the top crypto miners. As BDAG rallies toward the predicted $1 target, mining profitability is set to skyrocket as well. A single X1 miner earning 20 BDAG daily would generate $20 when BDAG hits $1 price, making it a lucrative opportunity for miners of all levels. Meanwhile, BlockDAG’s presale numbers are exploding—$170 million raised and over 17.4 billion coins sold, with batch 26 pricing BDAG coins at just $0.0234. Early adopters have already enjoyed an incredible 2240% ROI since batch 1, and the next batch is quickly approaching. The demand for miners is also high, with over 14931 miners sold so far in the presale, raising over 6 million. While Aptos’s technical analysis targets a $30 breakout and Aave’s news highlights strong lending activity, neither project matches BlockDAG’s disruptive mining innovation and surging demand. Driven by scalability, profitability, and accessibility, BlockDAG cements itself as a leader in decentralized mining, primed to reshape the crypto world. Key Takeaways: Top Crypto Miners & More The Aptos technical analysis points to an exciting breakout, with a $30 target drawing bullish attention as momentum builds. The Aave news also highlights its impressive growth in lending activity and DeFi dominance, even as $AAVE struggles to gain price traction due to market pressures. However, BlockDAG has captivated the hearts of crypto miners everywhere. By democratizing crypto mining through its intuitive X1 Miner App and its other powerful mining rigs, BlockDAG is revolutionizing accessibility and profitability for users of all levels. Its X Series mining machines rank among the top crypto miners, solidifying BlockDAG’s position as a leader in blockchain technology. As analysts project a $1 price for BDAG, BlockDAG’s mining machines are in high demand, driving rapid sellouts during the presale. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord .gg/Q7BxghMVyu Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
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Binance Futures Launches CGPT/USDT Perpetual Contracts
December 20, 2024 – Dubai, United Arab Emirates In a significant move, Binance Futures, the leading cryptocurrency derivatives exchange platform, today announced the launch of its CGPT/USDT perpetual contract. This latest addition expands the platform’s trading offerings while highlighting the growing prominence of AI-focused cryptocurrencies in the digital asset ecosystem. The new perpetual contract introduces advanced trading capabilities for ChainGPT token (CGPT), offering traders leverage of up to 75x with USDT as the settlement asset. This addition to Binance Futures’ suite of products demonstrates the platform’s commitment to providing diverse trading opportunities while meeting the evolving demands of cryptocurrency traders. Commenting on this, Ilan Rakhmanov, founder of ChainGPT and CEO of ChainGPT Software, said, “The listing of CGPT on Binance Futures is a testament to the token’s utility and importance in the Web 3.0 space. “It offers our community another dynamic way to engage with CGPT while showcasing its role in the expanding ChainGPT ecosystem.” The perpetual contract format allows traders to hold positions indefinitely without expiration dates, providing flexibility for short-term and long-term trading strategies. Implementing a ±2.00% capped funding rate with four-hour settlements ensures a stable and predictable trading environment for all participants. Trading of CGPT/USDT perpetual contracts will be available through Binance Futures’ advanced trading interface, which provides robust risk management tools and real-time market data to support informed trading decisions. Key features of the CGPT/USDT perpetual contract Maximum leverage – 75x Settlement asset – USDT Trading availability – 24/7 Capped funding rate – ±2.00% with four-hour settlement intervals Multi-assets mode support – Enables trading using various margin assets, including BTC For more information about the CGPT/USDT perpetual contract and how to start trading, please visit Binance Futures’ official website or contact the support team. About ChainGPT Incepted in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web 3.0 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web 3.0 ecosystem. Leveraging advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, a Web 3.0 AI chatbot, an NFT generator and an IDO launchpad. With established partnerships and collaborations with industry leaders such as Google, Nvidia and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly AI solutions in the blockchain space. As a relatively young but rapidly growing project, ChainGPT’s mission is to revolutionize the intersection of blockchain and AI, with a vision to unlock the potential of autonomous AI agents in Web 3.0. Users can learn more at the website . General resources Website | Crypto AI Hub | ChainGPT Labs | ChainGPT Pad | CryptoGuard | Documentation | CGPT DAO | AI NFT generator | Staking | Blog Community and social media X | Pad X | Telegram | TelegramBot | Discord | Instagram | LinkedIn | YouTube | TikTok To learn more about ChainGPT, users can visit the official ChainGPT.org website . For all inquiries, users can contact here . Contact Richa , PR lead at ChainGPT Sharon , ChainGPT This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Binance Futures Launches CGPT/USDT Perpetual Contracts appeared first on The Daily Hodl . NullTx
JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB
Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in the last seven years, according to a powerful US bank regulator. The Consumer Financial Protection Bureau (CFPB) says it’s suing the three banking giants and Zelle’s parent firm for allegedly failing to protect people from widespread fraud on the popular payments network. The lawsuit, which has been anticipated for months, alleges hundreds of thousands of the banks’ customers filed fraud complaints and were largely denied assistance, with some being told to contact the fraudsters directly to get their money back. “Bank of America, JPMorgan Chase, and Wells Fargo also allegedly failed to properly investigate complaints or provide consumers with legally required reimbursement for fraud and errors. The CFPB is seeking to stop the alleged unlawful practices, secure redress and penalties, and obtain other relief.” The CFPB alleges widespread consumer losses and security failures on the part of the banks, stating the lenders limited identity verification measures, allowed repeat offenders to hop between banks, ignored red flag warnings from customers and abandoned customers after fraud occurred. CFPB Director Rohit Chopra says the banks, which co-own Zelle, rushed to launch the platform without properly addressing security concerns. “The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle. By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves.” Zelle says it’s fully prepared to defend itself in court. “The CFPB’s attacks on Zelle are legally and factually flawed, and the timing of this lawsuit appears to be driven by political factors unrelated to Zelle. Zelle leads the fight against scams and fraud and has industry-leading reimbursement policies that go above and beyond the law.” JPMorgan Chase has previously said it may sue the CFPB over the Zelle investigation, stating the agency is going “above and beyond what the law requires.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB appeared first on The Daily Hodl . NullTx