This week’s crypto landscape is a mix of setbacks and significant breakthroughs. Ethereum (ETH) has experienced a dramatic decline, falling over 65% from its 2024 peak to $1,400. This drop reflects broader market uncertainty fueled by concerns about the U.S. Federal Reserve’s monetary policy and fears of a looming global economic slowdown. Meanwhile, Ripple’s XRP is poised for a potential surge as an SEC-approved spot ETF seems increasingly likely. Blockchain project BlockDAG (BDAG) is making waves with its new developer launchpad, generating buzz after exceeding $214 million in presale funding. The launch of this program could significantly propel BDAG’s growth and profitability.