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Bitcoin Meets Strong Resistance at $70K, Rollblock Surges To New High, SHIB Burn Rate Soars

August 2, 2024
in Crypto News
Reading Time: 3 mins read
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Bitcoin Meets Strong Resistance at $70K, Rollblock Surges To New High, SHIB Burn Rate Soars
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The cryptocurrency market has seen huge swings lately as Bitcoin briefly soared above 70k, only to face a sudden correction. Shiba Inu has been burning tokens, while a new play to earn coin, Rollblock ($RBLK), has been attracting hordes of investors as experts predict 100x gains this year. 

Bitcoin ($BTC) Trump Pump Faces Correction

Bitcoin (BTC) reached the crucial 70k level this week following bullish remarks made by US presidential candidate Donald Trump at the 2024 Bitcoin conference in Nashville. Bitcoin’s price surged on Trump’s pledge to build a national Bitcoin strategic reserve, and his announcement of bullish regulatory clarity for the space. 

The pump was short-lived, however, as news of over $2 billion worth of seized Bitcoin being moved on-chain spooked the markets. Bitcoin corrected sharply and wicked down to 63.4k. All eyes will be on news of potential interest rate cuts to determine Bitcoin’s next move.

Hot Dog Shiba Inu ($SHIB) Token Burn Fails To Ignite Investor Confidence

Shiba Inu (SHIB) investors are losing patience as Shiba Inu is down over 27% in the last 3 months. Shiba Inu has continued its bearish trend, falling to $0.0000163 this week. Should this trend continue, Shiba Inu could face a significant sell-off. 

Shiba Inu has attempted to stop the bleeding by initiating an enormous token burn of 60,380,203 SHIB tokens, a 400% increase in the burn rate. However, this has failed to have the desired effect and Shiba Inu bulls will be hoping for a reversal to the $0.0000018 level in the coming weeks.

Rollblock ($RBLK) Presale Hits New Highs as Investors Scramble To Buy

Rollblock ($RBLK) is currently seeing record levels of new investors diving in to make an allocation to this disruptive casino coin. Leveraging the power of blockchain technology, Rollblock is set to redefine the online gambling industry’s emphasis on trust and transparency. 

All bets are inscribed onto the Ethereum blockchain, meaning that there is no risk of bets being tampered with. With no KYC requirements for registering, Rollblock is entirely anonymous. 

There are over 150 immersive casino games on the site, from roulette to Monopoly and a sports betting facility will soon open up new revenue streams. Payouts are made using the native RBLK token, which is set to become a giant of the gaming sector, thanks to its unique revenue share scheme. 

The casino will use up to 30% of its operating profits to buy back RBLK on the open market, splitting the coins for Burning and allocating staking rewards. Holders can enjoy a generous risk-free yield of up to 30% in passive income.

Early investors have already made over 70% on their purchases, and analysts are predicting moves of 100x during 2024. Now is the time to get on board so make an allocation today at the low price of $0.0175!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

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