Russian legislators passed a bill to regulate crypto assets as a foreign currency. This will allow businesses to use it to facilitate international trade. The main benefactors will be Bitcoin and Ethereum as they both enjoy brand recognition. This brings a BTC price prediction of $150k by the year end well within reach, and an ETH price of $6k is also likely.
However, many other corners of the market will benefit with the likes of Defi token Rollblock likely to get a significant boost. Analyst predictions of 880% gains during the presale are already looking conservative and this boost from a Russian about-face, could push it much higher.
A $150k BTC price prediction well within reach
Bitcoin is mainstream now. The launch of the Bitcoin ETFs in January was the start of a new epoch for the king of crypto. And with the Bitcoin halving now 100 days past, historically, it’s time for the BTC price to start running up again.
A BTC price prediction of $150k by the end of the year received a significant boost thanks to Russian legislation that will allow its businesses to use it. Whether it comes to play this year or not, $150k this cycle is almost a certainty.
Ethereum price to receive major boost
Ethereum is another benefactor from the Russian change of mind, and with the Ethereum ETFs recently launching, we should see some positive price movement. Remember, Ethereum is the platform for any serious DeFi token, and it has the most development on it.
ETH peaked at $4,660 in the previous cycle, but with many more avenues for institutional money open to Ethereum, we could see ETH peak at $6k this year.
The timing is perfect for DeFi token Rollblock
Rollblock is gaining attention in the crypto world, among gameplayers and those looking to earn a passive income. As an online gambling platform, the token is needed for all gameplay, and as a DeFi token, it boasts several ways to make an income.
The Rollblock token serves as the backbone of the platform and is needed for all activity within the platform. The token is up 100% so far, but the presale is still only in stage 5, and with analyst predictions of 880% during the presale and a further 100x after it launches, it’s looking to be on track.
One of the key features of this DeFi token is its revenue share model. $RBLK holders receive a portion of the daily revenue generated by the casino, simply just for holding. Of course, the more tokens held, the more one will earn.
Rollblock also offers a staking program where users earn up to 30% APY by staking their tokens. This high yield is a big winner for Rollblock, as investors position themselves early to take advantage of this fantastic opportunity.
As the Rollblock presale continues, the price will rise incrementally. Sure, the price is up 75%, but much of this is due to the success of the presale. Analysts are predicting huge returns for this Gamefi and DeFi token, and with the bull market ahead of us, the timing is perfect.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Could Russia’s Uturn On Crypto Ignite Parabolic Surge For Bitcoin (BTC) Ethereum (ETH) and Emerging DeFi Token Rollblock (RLBK)? appeared first on ETHNews.
