Three stories are topping the crypto headlines this week. Bitcoin (BTC) is set to crack all-time highs in October, Avalanche’s (AVAX) recent surge is expected to peak and Rollblock (RBLK) sets the gold standard for crypto casinos. Rollblock’s story is the biggest news this week, as this top altcoin returns 200% to early adopters and receives 100x growth projections for 2024.
Fed Rate Cuts Put Bitcoin on Path to ATHs by October
The Bitcoin price has exploded higher today as the U.S. FED reduced interest rates by 50 basis points. Bitcoin is up 7% so far today, bringing it to a total rise of 10% for the week.
The Bitcoin price has been languishing in range-bound trading for months since the initial rally from the spot ETF launch wore off. Now, Bitcoin analysts are projecting that a steady round of cuts will be just the catalyst needed to push Bitcoin through the upper bound of this range and on to all-time highs.
Avalanche 9000 Upgrade Brings Price to a Local Peak
The recent rise in the Avalanche price is set to peak as the hype over its imminent upgrade fades, with Avalanche currently trading at $28.52.
The Avalanche 9000 upgrade’s promise of improved operability and faster transactions has sent the price 20% higher this month. However, Avalanche continues to face stiff competition from the biggest tokens in the market, and this recent rally is running out of steam.
This recent rise in the Avalanche price should also be considered in the context that Avalanche has lost almost 60% of the value of its 2024 highs, though AVAX remains up 212% over the last year.
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Rollblock’s Crypto Casino Sets Gold Standard Going Forward
Rollblock’s incorporation of blockchain technology in the online casino model has created a new gold standard for the industry. Rollblock’s crypto casino is now years ahead of any other crypto gambling site and light years ahead of anything that traditional online gambling can offer.
This top altcoin is projected to devour market share from the competition in the $500 billion global gambling industry and rocket 100x higher in 2024 alone.
All the restrictions, delays and high fees of traditional online gambling have been eliminated through blockchain technology. Players can log in from anywhere and get gambling right away with twenty of the biggest cryptocurrencies.
Rollblock’s platform also uses the latest in UX design to create engaging and seamless access to 7,000 different casino games.
Rollblock is further enhancing the online gambling experience with a huge social media ecosystem. Rollblock regularly hosts new events and giveaways that give its crypto casino that real, live Vegas feel.
Rollblock’s biggest crypto innovation is its revolutionary profit sharing. Rollblock pumps up to 30% of the casino’s daily revenue back into the hands of players and investors through open market buybacks. Half of these buybacks are used as staking rewards to generate income, and the other half is burned to drive value through deflation.
This gold standard crypto casino is about to increase its stage six price of $0.027 to $0.03 in stage seven, bringing the total return for early adopters to 200%.
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