Big moves and fresh storylines are shaping up in crypto this week. First up, Ethena news grabbed attention when Arthur Hayes dropped $1.5 million into ENA right after its 20% price pop on Upbit, signaling his belief in altcoins heating up. Over on the charts, FET price momentum has traders eyeing a sharp setup thanks to a textbook harmonic pattern and a solid weekly climb.
And just as the market warms up, BlockDAG (BDAG) is making its presence felt outside of the usual crypto crowd. Its partnership with the Seattle Seawolves is drawing real attention, aiming to bring blockchain to sports fans through NFTs, collectibles, and exclusive experiences. At the same time, its presale has already raised $339 million and sold over 24 billion coins as it races toward launch.
Ethena News: Arthur Hayes Invests $1.5M Following 20% Token Surge
Ethena news this week highlights Arthur Hayes’ $1.505 million investment in Ethena tokens after the token surged 20% following its Upbit listing. Hayes acquired 4.2 million ENA tokens through major platforms such as Binance, Wintermute, and Galaxy Digital, signaling confidence in an anticipated altcoin bull run. The ENA price climbed from $0.22 to a high of $0.37 before settling near $0.3371, reflecting strong market interest
According to the Ethena news, Hayes described the Upbit listing as a turning point, reinforcing his broader optimism about altcoins and their role in the synthetic dollar sector, which continues to attract significant attention from investors.
FET Price Momentum: Harmonic Pattern Signals Possible Upside
The recent FET price momentum has drawn attention this week as the token recorded a 10% weekly gain, supported by a notable harmonic pattern on its daily chart. Traders are analyzing a Bearish Bat structure, which appears to be entering its final CD leg, historically associated with upward movement toward the $1.50–$1.65 zone. The price has recovered from a low near $0.55 and is now testing resistance at the 200-day moving average around $0.78.
Analysts note that continued FET price momentum beyond this level could confirm the pattern’s completion, though a drop below $0.64 would challenge the bullish outlook.
BlockDAG Goes Mainstream as Seattle Seawolves Deal Drives Value
BlockDAG is stepping into the public eye through its partnership with the Seattle Seawolves, one of Major League Rugby’s top teams. This collaboration gives fans access to blockchain-backed NFTs, digital collectibles, and exclusive behind-the-scenes content. The move highlights how BlockDAG brings blockchain closer to everyday audiences, showing that its technology can create meaningful connections between teams and their supporters while offering real utility beyond trading.
The numbers behind BlockDAG’s presale reflect this growing momentum. So far, over $339 million has been raised, with more than 24 billion BDAG coins sold during the first 29 presale batches. The coin’s price has climbed 2,660% since the initial batch, rising from $0.001 to $0.0276.
Despite that surge, a limited-time price of $0.0016 remains available until the BlockDAG GLOBAL LAUNCH release on August 11, which has sparked a rush of buying activity. This blend of high visibility and strong market performance has placed BlockDAG among the top bullish crypto projects this year.
Looking ahead, analysts predict BlockDAG could reach as high as $10 in the long term. The combination of its expanding presence in mainstream sports, its already impressive presale achievements, and its real-world applications continues to draw significant interest.
At the current $0.0016 price, ahead of the August GLOBAL LAUNCH release and in light of growing demand, the opportunity appears to carry a sense of urgency for those watching closely. The surge in attention from both fans and traders shows how quickly sentiment can build around a project with the right mix of exposure and practical value.
To Wrap Up
Arthur Hayes’ bold move continues to dominate Ethena news, with his $1.5 million bet reinforcing confidence in altcoins and leaving many watching for further price strength. Meanwhile, FET price momentum remains on traders’ radars as it hovers near key technical levels, with the harmonic pattern hinting at more upside if confirmed.
Yet, BlockDAG is stealing the spotlight with its leap into mainstream sports through the Seattle Seawolves partnership. Beyond $339 million raised and 24 billion coins sold, its growing visibility and utility outside tech circles set it apart. As its August GLOBAL LAUNCH release approaches and the limited-time price holds at $0.0016, BlockDAG’s mix of demand, real-world presence, and market buzz positions it as a top bullish crypto to watch closely.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.