Bitcoin Still Bleeding Is There Any Chance of A Resurgence? Ethereum & Solana Holders Dump Tokens In Search Of Greener Pastures As Rollblock Hits Million Dollar Mark

Hopes of a Bitcoin pump this summer have hit a major roadblock with the recent dip to $53k. Many investors are checking their portfolios in dismay as altcoins including Ethereum (ETH) and Solana (SOL) have suffered even bigger pullbacks. Let’s dive into the charts to see if another leg up is overdue, and if a new altcoin in the gambling niche will deliver outsize returns in the coming weeks.

Rollblock ($RBLK) is on a mission to restore trust and transparency to the online casino space. By leveraging the power of Web3 technology, Rollblock is bridging the worlds of centralized and decentralized gaming, and its token RBLK is being tipped for massive gains of up to 880% in the short term.

Bitcoin ($BTC) Looks Bullish at Support

Bitcoin ($BTC) is attempting to stage a recovery after a significant pullback to the low $50k’s. The bitcoin ETFs have been buying the dip and added over 5000 BTC recently in a return to previous bullish levels. 

This has done much to absorb the huge amounts of selling pressure brought by the German government and Bitcoin miners capitulating at this stage in the cycle.

Support at $53k looks solid and means that with decent volume a push above 60k is on the cards. There are plenty of bullish catalysts ahead for Bitcoin, including impending rate cuts and a bullish presidential election cycle.

Ethereum ($ETH) Holders Look Forward to ETF Launch

Ethereum ($ETH) is set to see massive institutional inflows when the spot Ethereum ETFs eventually go live later this month. Bitwise’s Chief Investment Officer Matt Hougan is incredibly bullish on the ‘birth of a new asset class’ and confident that the spot Ethereum ETFs might attract up to $15 billion in inflows in the next 18 months.

This would be comparable to the amount institutions have poured into the Bitcoin ETFs this year. It is easy to see the price of Ethereum rally above $4k into price discovery, although holders may want to hedge their ETH positions with an allocation to Rollblock.

Solana ($SOL) Next Crypto to Launch ETF?

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There are now two applications for Solana ETFs on the desk of Gary Gensler, chair of the SEC. VanEck and 21Shares are both bullish on the prospects of approval by early 2025. 

Solana is up 10% this week and looks to have formed a decent base of support here between $130 and $140. There is much speculation around the launch of the upcoming Solana Firedancer upgrade which is set to make Solana massively more reliable and scalable. This could take Solana to a new all-time high, though SOL’s price will be heavily influenced by Bitcoin and Ethereum. 

Rollblock ($RBLK) Set For Massive Presale Pump

Rollblock ($RBLK) is set to disrupt the online gambling sector by bringing the power of Web3 technology to traditional gambling markets. By inscribing bets and transactions onto the Ethereum chain, Rollblock will guarantee that bets remain secure and free from manipulation. 

Registration on the platform is fast and easy, with no requirement for KYC approval. Simply provide an email address and connect a crypto wallet to get started. Rollblock accepts over 20 different cryptocurrencies, including Bitcoin, BNB, and Tether (USDT). For a limited time, players can receive a deposit bonus of up to 15%, depending on how much is transferred! 

There is a tremendous range of games on the platform, from classics such as roulette and blackjack to new favorites such as Crazy Time. Sports betting is next to be added to the site and will allow bets on a massive range of international sporting events. 

In-game rewards are paid using the native token RBLK, which is set to become a blue chip in the gambling niche. A hard cap of a billion coins and an innovative revenue sharing scheme will see Rollblock buy back coins each week using a portion of their profits. 

These coins are allocated to stakers who can earn an attractive 30% APY on their holdings, and the rest will be burnt forever. This will mean that as demand grows, supply will vanish from exchanges. 

RBLK is on many crypto watchers short list for huge returns this year, with many experts predicting moves of up to 880% even before RBLK leaves presale! Over 80% of stage 3 coins have already been sold at $0.0154 and price will only be going up from here. 

Investors are urged to research this killer project and make an allocation to Rollblock today!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

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