While Bitcoin appears to be taking a breather for now, Ripple looks set for a bullish surge thanks to its many upcoming catalysts. Meanwhile, Rollblock ($RBLK) continues to draw in massive investments to its presale stages as it makes yet another new all-time high. Let’s dive into the markets!
Bitcoin ($BTC) ‘Uptober’ Cancelled Due To Lack Of Interest?
There were high hopes for Bitcoin price action during October, as many in the web3 space looked forward to a bullish ‘Uptober’. Historically, this time of year is incredibly bullish for Bitcoin, which looked set to break $70k once and for all – until it was rejected this week at $69.4k. The Bitcoin price has since retreated to $66.7k, where it looks to be finding strength before its next move up.
Bitcoin is still 5% up on the monthly time frame, giving much hope that the Uptober prophecy may well come true and that Bitcoin will head into price discovery within the next few weeks. A huge amount will hinge on the outcome of the US presidential election, so keep an eye on the Bitcoin price during November as holders can expect fireworks!
Ripple ($XRP) Stablecoin Launch Gives Hope While ETF Rumors Fly
Ripple fell 3.1% today to settle back at $0.52. The Ripple chart looks ready to reclaim some bullish momentum, after falling from $0.65 earlier this month.
Now that the market has had time to digest the news that Ripple Labs faces an appeal from the SEC over last year’s bullish court ruling, buyers may be stepping in once again. This is due to Ripple’s upcoming dollar-backed stablecoin RLUSD which will be launching within weeks and rumors that a Ripple ETF is likely to be approved at some point during Q4. This would propel Ripple back up to the yearly highs of $0.72 and beyond.
Rollblock ($RBLK) Pulls In $4.6 Million As Investors Line Up To Back This Crypto Casino Gem
While Bitcoin disappoints with its slow progress to new highs, and Ripple is oppressed once again with regulatory uncertainty, many investors are choosing instead to pile into the exciting Rollblock ($RBLK) Casino presale, drawn in by consistently strong price action and the incredible promise it brings to disrupt the $450 billion gaming industry.
Rollblock aims to bring blockchain-based betting to this industry so in need of disruption. No longer will the casino have the upper hand over its customers, as now everything can be verified on the Ethereum blockchain.
RBLK is set for incredible growth thanks to its integration into the platform, potential for staking rewards of up to 30%, and a revenue-sharing scheme that will see potentially millions of tokens pulled off exchanges every month using Casino profits. Of these tokens, 60% will go on to be burned forever from the supply, while the remaining 40% is earmarked for loyal stakers.
Investors should hurry to pick up a 100x bag at the low price of $0.0318 before stage 7 sells out for good!
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