Bitcoin has been facing heavy sell pressure from all angles since the halving, and Ethereum has disappointed so far this cycle with price lagging despite bullish news. At this point in the cycle the smart money is being rotated away from the large-cap crypto blue-chips like Bitcoin and Ethereum into smaller altcoins with better technology and superior price potential. In particular, crypto investors are currently piling into a new entrant into the casino niche, Rollblock.
Rollblock ($RBLK) brings the latest innovations of Web3 to the traditional world of online casino gaming and is already generating a huge buzz in the GambleFi space. Moving rapidly through presale and selling out fast, investors are urged to make an allocation before price explodes upon launch. Find out why analysts are calling for gains of 880% in the coming weeks!
Bitcoin ($BTC) Absorbs Huge Selling Pressure As Price Rebounds
Bitcoin ($BTC) is in a period of price consolidation as the largest cryptocurrency has faced enormous selling pressure from all sides. The Bitcoin hash rate has increased, meaning that miners have had to offload many of their coins to stay afloat. Furthermore, the German government has been market selling a seized batch of more than 10000 btc, worth around $637 million. To make matters worse, creditors have started to receive payouts from the bankruptcy exchange of Mt Gox, which spooked Bitcoin markets in June.
Despite this, Bitcoin’s price has remained relatively buoyant, dipping briefly last week to around $53k before bouncing. A return to the former range in the $60ks looks inevitable before long, although much will depend on interest rate decisions and the upcoming elections.
Ethereum ($ETH) ETF Inflows Set to Impress
Ethereum ($ETH) holders braced for impact as its price recently fell 18% to $2826. Over $300 million of leveraged longs were wiped out in this drop, suggesting traders are still wildly bullish on Ethereum going into the launch of the ETH ETF in the coming weeks.
Hopes are high for massive inflows once the ETF is open for business. Matt Hougan, Bitwise CIO, has predicted that Ethereum ETFs could attract up to $15 billion within the first 18 months of trading.
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Combined with the fact that over 40% of ETH’s entire supply is locked up in staking contracts, means that prices will have no choice but to adjust upwards. ETH could gain new all time highs in no time at all, but a new P2E coin will outperform the majors with huge gains expected upon launch.
Rollblock ($RBLK) Launches Crypto Native Casino to Wild Hype
Rollblock ($RBLK) is a new concept in blockchain gaming, bringing the power of cutting-edge Web3 technology to the $450 billion online gambling sector. Investors are piling into the presale right now as Rollblock delivers the promise of a fully transparent online casino with all the benefits of blockchain tech.
All bets and transactions are encrypted and variable on the Ethereum chain, so there is zero risk of the house manipulating bets after being placed. The games are not only fully immersive but also provably fair and offer better odds than the competition. Not to mention the fact that there are over 150 of them, ranging from familiar classics like roulette and Monopoly to new exclusives like Candy Time, all powered by the latest in AI and backed with great community features like leaderboards and free spins.
Signing up could not be easier and Rollblock offers complete anonymity. There is no need to supply invasive KYC information, as new users can simply provide an email address and connect a crypto wallet to get started. Rollblock accepts over 20 different cryptocurrencies including Bitcoin, Solana and BNB and for a limited time will top up accounts with a deposit bonus of up to 15%!
Payouts are made in RBLK, Rollblock’s native token. RBLK is central to the Rollblock experience and will foster huge loyalty as players can stake their coins for generous rates of APY. The casino will also head to the open markets each week with a percentage of their profits to buy RBLK. These coins are then split between being burned and allocated to stakers.
It is an attractive set up for investors – a growing demand, dwindling supply and a price destined to head for the moon! RBLK is in stage 3 of its presale and priced at just $0.0154. Coins are being bought rapidly at these prices (over 80% sold) and so analysts anticipate a 25x rally in upcoming weeks!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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