

Three stories are dominating the headlines as the market shifts back into a fresh rally. Institutions start scooping up Bitcoin (BTC) at an even faster rate, Polygon (MATIC) is set to surge on technicals and Rollblock (RBLK) emerges as the top altcoin with its record-breaking presale and 100x growth estimates.
Institutions are buying up Bitcoin (BTC) ETFs at an even faster rate than before. Goldman Sachs now owns more than $400 million in Bitcoin ETFs.
The Bitcoin price also led the market down during the recent rout but managed to stay within its $50,000 to $70,000 trading range. Institutions took this Bitcoin price drop as an opportunity to buy up more of the asset through ETFs.
Institutions have been buying up Bitcoin ETFs at a record rate in recent months. This is due to the strong performance of Bitcoin and the anticipation of more institutional interest in Q3.
Institutions began flocking to crypto in Q2, with a particular interest in Bitcoin and a preference for buying up the asset through ETFs. This strategy allows institutions to gain exposure to Bitcoin without directly holding or managing the asset.
Goldman Sachs is one of the biggest investment banks in the world and has been slowly entering the crypto market. It recently disclosed that it now owns more than $400 million in Bitcoin ETFs.
This news comes as no surprise, as everyone was excited about the arrival of new Ethereum ETFs a month ago. However, institutions are showing more interest in buying up Bitcoin ETFs instead.
Institutions are also interested in another asset class that is set to perform well in Q3 – altcoins. One altcoin in particular has stood out from the rest in the GambleFi space, attracting early adopters to its presale with 100% returns.
This token is called Rollblock (RBLK), and it is now the top crypto presale, with early adopters seeing more than 100% returns as it reaches its midpoint.
Rollblock opened the fifth stage of its eight-stage presale last week at $0.0205, which is a 105% return on its first stage opening price. It began its presale at $0.01 and is set to close at $0.042.
This top altcoin is in the GambleFi space, which is set to be the biggest sector in the upcoming crypto bull market. The $450 billion global gambling industry is in desperate need of change.
Rollblock has a winning formula for bringing in transformative blockchain technology. Its platform is set to revolutionize the gambling industry with a seamless user experience and an impressive variety of games.
Rollblock is also attracting players and investors with its unique revenue-sharing program. Rollblock buys its own tokens back from the market, using up to 30% of each day’s revenue.
Half of the tokens are burned to keep RBLK deflationary, while the remaining half is rewarded for staking on the platform. This means that RBLK is a gambling token that can generate a return for its holders without even needing to be played.
Players are also impressed by Rollblock’s cutting-edge casino, which provides seamless and anonymous access to 150 of the industry’s best games and a massive sports betting platform to be released soon.
All this is accessed through the latest UX design, which leaves old, traditional casinos looking stale and boring. Rollblock is also set to release new games and integrate metaverse technology in the future.
This leaves many excited for the future of Rollblock, which is set to continue rising in value throughout its presale. Its current price of $0.0205 is expected to double again before the end of the presale on the back of insatiable demand for this gambling token.
At the current rate of player growth, analysts expect RBLK to be worth between $2 and $4 by the end of 2024.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The above is the detailed content of Bitcoin (BTC) Price Predictions Q3 2022: Institutions Start Scooping up Bitcoin (BTC) at an Even Faster Rate, Polygon (MATIC) Is Set to Surge on Technicals and Rollblock (RBLK) Emerges as the Top Altc. For more information, please follow other related articles on the PHP Chinese website!

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