BDAG Hits $209.5M, ETH Whales Active, & Tether Moves to Media

BlockDAG’s Presale Hits $209.5M After Keynote 3 Launch! Tether Moves Into Media & ETH Whales Activity Surges

Ethereum whales are making large-scale purchases ahead of the Pectra mainnet launch, while Tether has stepped into the media space with a $10.8 million investment. Despite the buzz, Ethereum’s price remains stuck in a range, and Tether’s bold move appears to focus more on influence than infrastructure.

Meanwhile, BlockDAG (BDAG) isn’t just reacting—it’s building. With $209.5 million raised and over 800,000 miners onboard, it’s executing a full Layer-1 rollout with real-time features. As Ethereum and Tether strategize their next moves, BlockDAG is delivering on every front.

Ethereum Whales Buy ETH Before Pectra Launch, But Caution Lingers

Major Ethereum holders are actively accumulating ahead of the scheduled April 30 Pectra mainnet upgrade. On-chain data from Lookonchain shows heavy buying, with one address purchasing over $103 million worth of ETH. Alongside this, exchange balances have declined by nearly 1 million ETH since early March, pointing to a growing trend of accumulation.

However, ETH’s price performance hasn’t reflected this buildup. The coin fell beneath a key trendline after failing to hold above $2,069, leaving it vulnerable to a further drop toward $1,800 or possibly even $1,200 if bearish momentum continues. Technical signals like the RSI and MACD are hinting at weakening strength.

While Pectra could improve network activity, current macro factors and ongoing ETF outflows are limiting upside potential. The price levels of $2,069 and $1,800 remain key to watch, as a break in either direction could set the tone for Ethereum’s short-term path.

Tether Buys 30% of Be Water Media: A Strategic Expansion Beyond Crypto

In a notable move beyond its usual domain, Tether has acquired a 30.4% share in Italian media company Be Water for around $10.8 million. As part of the deal, Tether CEO Paolo Ardoino has joined the company’s board, indicating a shift toward content influence through technology-driven media.

This decision reflects a broader plan to diversify from its core stablecoin business into areas like digital content, live shows, and podcasts. Although founder Guido Maria Brera still holds majority control, Tether’s involvement could shape how media narratives are built and shared across digital platforms.

Analysts say this reflects a growing trend of crypto-linked companies entering traditional sectors to expand their reach and reduce dependency on single revenue streams. Regulatory implications may follow as crypto starts to blur the lines with other industries.

BlockDAG Reaches $209.5M in Presale—Building Core Tech, Not Just Hype

Crossing the $209.5 million mark in its ongoing presale, BlockDAG is showing how core technology and smart design can challenge short-term hype-driven models. Unlike networks that require patches and Layer-2 adjustments, BlockDAG incorporates scalability, decentralization, and security from the ground up.

During Keynote 3, the team detailed a hybrid structure combining Proof-of-Work with DAG, allowing multiple transactions to be handled at once. This architecture is already running a beta testnet and aims to deliver 2,000 TPS at launch, with targets of reaching 15,000 TPS in the next two years.

Security measures are tightly integrated. Every smart contract undergoes auditing by Certik and Halborn, and treasury management is secured with MPC to avoid single points of failure. The network also features real-time threat monitoring and built-in defenses, eliminating the need for external protection layers.

With over 800,000 X1 Miner App users, 170,000 confirmed holders, and a no-code tool for creating digital assets already live, BlockDAG offers a complete infrastructure. Key areas, including DeFi and governance, are directly embedded into its Layer-1 structure.

While many platforms add extra layers to address performance or safety, BlockDAG demonstrates that robust core systems are more effective. With the mainnet launch on the horizon, the project is advancing steadily, not just in theory—but in working results.

In a Nutshell!

Ethereum’s future movement will depend on how the Pectra upgrade influences price behavior. Tether’s entrance into the media sector highlights ambition but brings uncertain returns in terms of infrastructure value. Both are calculated efforts—yet still uncertain.

Meanwhile, BlockDAG continues to deliver tangible results. Keynote 3 confirmed the launch of a full ecosystem including DeFi tools, a treasury guarded by MPC, user-friendly NFT/token creation, and global hackathons already in action. This Layer-1 isn’t depending on additional fixes or media visibility—it’s gaining traction through built-in speed, safety, and utility.

Hitting $209.5M in crypto presale reflects real backing from over 170,000 participants. Amid countless headlines and speculation, BlockDAG’s consistent progress is a sign that real systems still lead the charge. While Ethereum and Tether plan their future moves, BlockDAG continues to deploy. In crypto’s next chapter, it’s the solid base—not the added layers—that will lead, and BlockDAG has already laid its foundation.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu