ETH Faces Major Test at $2,000, Tether in Talks for Full Reserve Audit—BlockDAG Hits $207M as Final Testnet Goes Live in 24 Hours!

As traders search for the top bullish crypto, today’s updates may offer some promising insights. Ethereum’s price analysis shows the altcoin leader has dropped to $2,000, with the potential for further declines to $1,500 if support breaks. Tether’s (USDT) update is more promising, revealing that the company is in talks with a Big Four accounting firm for a full audit of its reserves, aiming for greater transparency and clearer financial reporting.

Meanwhile, in the BlockDAG (BDAG) ecosystem, excitement is at an all-time high as the Beta Testnet launch is just 24 hours away! This launch follows a successful Alpha phase and brings new features like updated explorer tools, better node visualization, and faster scalability. The network’s presale has already raised over $207 million, showing strong community support and market confidence in the project.

Ethereum Price Analysis: ETH Headed for a Steep Fall?

Ethereum’s price analysis shows ETH has dropped to $2,000, more than 50% lower than its high in November. The Ethereum price analysis shows a few bearish signs, including a “death cross,” which happens when a short-term average drops below a long-term one, often leading to more declines.

Ethereum is also forming a bearish flag pattern, meaning it might be consolidating before a bigger drop. It recently tested resistance at $2,120, a level not seen since last August. According to Ethereum’s price analysis, if that support breaks, Ethereum could continue falling, with the next target around $1,500.

Tether Update: Full Audit in the Works

The latest Tether update reveals that the company is reportedly in talks with a Big Four accounting firm for a full audit of its reserves. Currently, Tether, the issuer of the largest stablecoin, discloses its reserves through quarterly reports but calls for greater transparency have grown.

CEO Paolo Ardoino emphasized that an audit is a “top priority” and believes the current US regulatory climate may support this effort, though no specific details or timeline were provided for when this Tether update will materialize. As of the end of 2024, Tether held over $94 billion in US Treasury bills and $108 million in cash.

BlockDAG’s Beta Testnet Launch: What’s New & Why It Matters

In just 24 hours, BlockDAG will launch its final Beta Testnet, ticking off another exciting milestone for the project. This follows the Alpha Testnet released in October, which was not heavily publicised but successfully involved 200-300 community-run nodes.

Now, the Beta Testnet introduces a fresh, new network with substantial improvements. As a result, all coins and contracts from the Alpha version will be reset, and users will need to connect new wallets to access the Beta.

The updated network boasts smoother node installation, with better documentation and fixes based on community feedback from the Alpha phase. The upgraded Explorer also includes several new features, such as contract visualizations, a node explorer, token views, and a world map showing global node activity—positioning BlockDAG alongside top blockchain technologies. The network’s performance has also been boosted, giving users faster speeds and improved scalability.

As the Beta Testnet’s launch approaches, the BlockDAG community is filled with excitement, which is clear from its impressive $207 million ongoing presale! Given this remarkable growth and the strong technology backing BlockDAG, analysts have deemed BDAG one of the top bullish cryptos of 2025. Priced at $0.0248 in batch 27, the coin is predicted to hit $1 this year—meaning a 3932% increase in the coming months.

The Beta phase marks one final stop before BlockDAG moves toward its mainnet launch. So, for developers and traders looking for a profitable and future-forward network, now is the time to jump into BlockDAG and see great returns in the months ahead!

Which Is The Top Bullish Crypto for 2025?

Ethereum’s price analysis points to a bearish outlook, with ETH potentially dropping to $1,500 if support at $2,120 breaks. Meanwhile, Tether’s update signals a move toward greater transparency, should the plans for a full audit come to fruition.

However, when it comes to the top bullish crypto of 2025, BlockDAG leads the way with its $207 million presale and impressive price projections. The upcoming beta testnet is expected to further boost the network’s adoption and awareness, possibly triggering another price surge. For crypto enthusiasts, now is the time to buy into BDAG and position themselves for the best returns.