Many investors have been pleased to see Bitcoin (BTC) shake off the summer slumber and regain bullish momentum in recent weeks. Ethereum (ETH) has also had an enormously bullish catalyst of its own. Meanwhile, investors are piling in to take a position in Rollblock ($RBLK), a revolutionary play-to-earn token poised to make up to 200x gains this year!
Ethereum ($ETH) ETF Launches to Stagnant Price Action
The Ethereum (ETH) ETFs have finally launched and have seen respectable inflows, as over $100 million flowed into the funds within the first 15 minutes of trading on Tuesday. In the first 2 days over $1.1 billion was traded, despite price struggling to impress. Many traders are calling the Ethereum ETF launch a ‘buy the rumor, sell the news’ event, and there are concerns around the Grayscale Ethereum Trust dumping coins as they did during the Bitcoin ETF launch due to high fees.
Despite this muted price action, the Ethereum ETF is a milestone for the crypto market, and many analysts predict a price above $10,000 for Ethereum during this cycle.
Bitcoin ($BTC) Waking Up Post-Halving
Bitcoin (BTC) has pumped back above 66k recently and is up an impressive 5% iv the past month. Concerns around the Mt Gox bankruptcy Bitcoins remain, although these appear to have been overblown.
The German government is also now out of Bitcoin to sell, which should see clear skies above for a run to the 70k level. This week’s Bitcoin conference in Nashville is set to feature a keynote speech from presidential candidate Donald Trump, which could set Bitcoin flying to new highs if a bullish announcement is made.
Rollblock ($RBLK) Token To disrupt Massive GambleFi Market
Rollblock ($RBLK) is making huge waves as its presale continues to hit new highs in July. Over 6,000 investors have already signed up to take a position in this crypto-native casino, and early investors have seen their purchases make over 50% returns in recent days.
Rollblock is a fully community-backed crypto Casino that offers the peace of mind of having all transactions encrypted onto the ethereum blockchain. Rollblock is fully anonymous as there is no need to supply KYC on registering.
There are over 150 AI-powered casino games on the platform, from roulette to slot machines and sports betting. Games can be proven to be fairer and offer better odds than competitors.
The RBLK token has a hard cap of a billion coins and will become deflationary as the revenue share scheme will see potentially millions of dollars of the token bought up and burned each week.
With price at just $0.017, investors are urged to hurry and make an allocation before price explodes! Experts are predicting moves of up to 200x for RBLK in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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The post Ethereum ETF Didn’t Bite Like Bitcoins (BTC) ETF, ETH Price Stands Still, Investors Eyes Turn To Presale High Roller appeared first on ETHNews.
