Bitcoin has crossed a critical level which is making analysts optimistic about an even bigger jump in the next few weeks. Kaspa is also gaining traction after its partnership with Flux. Meanwhile, Rollblock is redefining the GambleFi market with its new crypto native platform that is poised for 880% gains by the end of its presale.
Bitcoin has just breached its critical $100,000 resistance which sent shockwaves throughout the crypto market. This dramatic surge in Bitcoin’s price is linked to Trump nominating Paul Atkins to run the Wall Street regulator during his administration. Since Atkins is known to be more in favor of cryptocurrencies like Bitcoin, analysts believe Bitcoin’s uptrend could continue for the next few months.
Bitcoin is currently trading for $101,505.17 after an intraday jump worth 6.21%. Bitcoin’s trading volume has also increased by 130.66% during the same period which indicates high buying activity. Despite hitting this new record, Bitcoin’s MACD indicator has turned negative which typically suggests a correction period. If Bitcoin’s price faces a consolidation, analysts believe Bitcoin’s price could retrace to the $87,680 support.
Kaspa has made significant upgrades to its ecosystem by partnering with Flux to offer decentralized nodes and increase long-term holding. Although Kaspa’s price has faced some volatility over the last seven days, it has still recorded a 7.45% increase in value during this period. Kaspa is currently trading for $0.1603 after an intraday uptick of 1.23%.
Kaspa’s sudden halt can be attributed to the 8.85% decrease in trading volume which reflects low buying activity. Kaspa has already established strong support levels at $0.156898 and $0.153889 which could trigger a rally soon. If Kaspa’s price can break above the $0.164673 resistance, analysts believe Kaspa could reach the $0.50 and $0.80 levels by mid-2025. However, if the allegations against Kaspa about price manipulations on the MEXC exchange are proven, Kaspa could face a massive sell off.
Rollblock’s new GambleFi project is stealing all the hype in Q4’s altseason. Although Rollblock is still in its presale stages, the platform has successfully attracted more than 20,000 daily active users in record time. Since Rollblock’s ecosystem is expected to grow further after its official launch in early 2025, analysts are tipping at 880% returns for Rollblock’s presale investors.
By combining the best features of decentralized and centralized gaming, Rollblock is completely revolutionizing the $500 billion per annum global gambling market. This is because Rollblock is bringing the latest Web3 technology to the obsolete world of iGambling. Since Rollblock has gold standard security protocols like encrypting all financial information and bets directly on Ethereum’s immutable blockchain, Rollblock users can enjoy the most provably fair betting odds in the market. To make things even better, all 7,000+ games on Rollblock’s platform are already audited and regulated by top gaming providers like SolidProof and Gaming Curacao.
Aside from these top-of-the-line gaming features, Rollblock also shares up to 30% of its weekly revenue with long-term investors by distributing staking rewards. These rewards are paid out through an open market buyback mechanism after which Rollblock uses 40% of the repurchased tokens as rewards and burns the remaining 60% to maintain a hard cap of 1 billion on its circulating supply.
Given this set of features, Rollblock’s current selling price of just $0.041 per token is a massive steal. If all the bullish predictions about Rollblock stand true, this new DeFi altcoin could become the leading GameFi token by 2025.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.