The Bitcoin bull run seems to be taking the summer off as the biggest cryptocurrency has tumbled from $73,000 all the way down to $53,000. Some investors have thrown in the towel and are calling for a bear market, while others are eyeing a potential altcoin season with huge gains in store for coins like Binance Coin (BNB). Meanwhile, the smart money is betting big on a new play-to-earn token set to shake up the online casino sector.
Bitcoin price has stalled after a rapid ascent from the bear market lows at $15k. Surging inflows into spot ETFs propelled Bitcoin past $70k in March.
Since then, the price has hovered around $60k, recently dropping to $53,000 after news that the German government sold over 350 million seized BTC on the open market. Coins from the Mt Gox bankruptcy estate are also finally being moved, further spooking markets.
However, there are signs of recovery, with the price attempting a run back to $60k. A bullish rate cut from the Federal Reserve later this year could see Bitcoin and other risk assets soar, potentially driving Bitcoin to new all time highs.
Despite Binance founder and former CEO CZ Changpeng being charged with money laundering and currently serving time in prison, Binance Coin (BNB) has surged 73% in the last 6 months. However, Binance Coin (BNB) has now declined 15% in the last month, leaving Binance Coin (BNB) holders hoping for a recovery.
Binance Coin (BNB) bears managed to pull the price down to support below $495, but bulls may face a challenge at the 20 day EMA resistance around $548. Some Binance Coin holders are hedging their positions with other altcoins, as analysts predict further declines in Binance Coin during Q3.
Rollblock ($RBLK) Casino Investors Rush Presale Surging interest in crypto gaming has propelled Rollblock ($RBLK) to the forefront, aiming to integrate Web3 with traditional casino table games to usher in a new era for the sector.
There can be no doubt about bets being manipulated, as Rollblock encrypts and verifies all transactions on the Ethereum Blockchain.
Signups are seamless, with no KYC approval required for new registrations. Simply provide an email address and connect your crypto wallet to deposit funds using one of over 20 accepted coins (including Bitcoin, Solana, BNB etc).
Once inside, the biggest problem players face will be deciding which game to play, with over 150 to choose from. A blend of traditional favorites and new exclusives like Crazy Time are all powered by the latest AI technology and demonstrate how provably fair they are compared to competitors in the space. Sports betting is next and will allow for bets on soccer, golf and Formula One.
The RBLK token offers an incredible value proposition. With a hard cap of a billion coins, the token supply will become deflationary as more gamers sign up, thanks to the casino’s unique revenue share mechanism.
This sees the casino hit the open market each week with a portion of its profits to buy RBLK and support the price by reducing the supply. More profits mean more supply is burned, creating a flywheel effect that will propel the price on an upwards trajectory.
Holders can also enjoy staking rewards of up to 30% APY, a generous source of passive income.
RBLK has sold over 80% of stage 3 tokens and raised over 1.1 million dollars. The price offer at $0.0158 will not last much longer and investors are advised to make an allocation sooner rather than later. RBLK is tipped to make enormous 100x gains this bull run and should be on every savvy investor’s watchlists.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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