As Bitcoin dips below $60K amid significant crypto liquidations, the market is watching closely to see if the turbulence continues. Meanwhile, Russia’s upcoming trials for crypto payments signal a potential shift in global financial transactions. On another front, BlockDAG has entered a $10 million partnership with Borussia Dortmund—Germany’s top soccer club.
This collaboration promises to benefit the BlockDAG community by offering exclusive perks and providing unique experiences for Borussia Dortmund fans. With both sides set to gain from this deal, and the market showing signs of change, the coming weeks could bring intriguing shifts for crypto enthusiasts and football followers.
Bitcoin Dips Below $60K Amid Crypto Liquidations
Bitcoin recently dipped below $60K, contributing to over $313 million in crypto liquidations. Of this, Bitcoin accounted for more than $94 million, with a significant portion involving long positions. The dip also coincided with a $2.4 billion drop in Bitcoin’s open interest, signaling increased caution among traders. This correction came after a spike in Bitcoin’s funding rates on August 25, catching many by surprise.
As market uncertainty continues, Bitcoin dips reflect broader volatility, reminding traders of crypto’s unpredictable nature. While there was anticipation of stability following recent comments from the Federal Reserve, the actual market movement suggests a more complex scenario. Bitcoin’s dips continue to shape market sentiment, reflecting the ongoing uncertainty.
Russia Explores Crypto Payments for Cross-Border Trade
Russia is set to begin trials for crypto payment systems on September 1, aiming to ease payment challenges linked to international sanctions. The trials will utilize the National Payment Card System to convert rubles into cryptocurrencies and assess digital token payments for cross-border transactions. Recent legislation, signed into law by President Putin, has legalized crypto mining and created a framework for testing digital tokens under central bank supervision.
If these trials are successful, they could lead to the creation of crypto trading platforms on the Moscow and St. Petersburg exchanges next year. While the potential impact remains uncertain, these developments indicate the exploration of crypto payment options in response to ongoing financial constraints.
BlockDAG–Borussia Dortmund Deal: Exclusive Perks for Fans & Holders!
BlockDAG has just scored a major win with a 3-year, $10 million partnership with Borussia Dortmund, unlocking a new level of global exposure. This collaboration puts BlockDAG in front of millions of passionate football fans and offers a unique opportunity to bring blockchain technology to the mainstream.
But the real game-changer lies in the exclusive perks for BDAG holders, designed to create a deeper connection with the community. These perks range from VIP matchday access to special content featuring Dortmund’s star players.
These perks are set to build a strong and engaged community, offering access to unique experiences, hospitality events, and more. Currently, with 120,000 holders already on board, BlockDAG aims for even greater growth. With these enticing offers on the horizon, the target of reaching 1 million unique holders seems well within BlockDAG’s reach. As more people become aware of what’s in store for BDAG holders, momentum is building and the community is seeing expansion.
This enthusiasm is also driving BlockDAG’s ongoing presale, which has already raised $68.4 million with over 12.7 billion coins sold. The price has surged by 1680% since the first batch, reflecting strong demand. With a $600 million goal ahead, early participation is more advantageous for those looking to benefit from this rapid growth, as BlockDAG grows bigger every day.
Make the Move!
As Bitcoin faces volatility and Russia explores new crypto payment avenues, BlockDAG is positioning itself as a player to watch. BlockDAG’s partnership with Borussia Dortmund is a key move that could reshape its future.
Offering unique perks and experiences, this collaboration will deepen community engagement and attract new members, fueling BlockDAG’s 1 million members goal. With the presale already raising $68.4 million and the potential for further growth, BlockDAG presents an enticing opportunity for those ready to act now while the BDAG coin is still priced at $0.0178.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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