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Cryptocurrency News Articles
Rollblock (RBLK) Presale Put GameFi On Everybody's Radar with Massive Success
Feb 04, 2025 at 09:08 pm
Rollblock's presale has been a massive success, highlighting the demand for security and speed in gaming.
As some major Bitcoin investors believe, Rollblock could follow a similar trajectory to Cardano in February.
The protocol has already delivered a 420% return for early investors, raising over $10 million during its presale. Rollblock’s success stems from its blockchain-powered transformation of the casino industry.
Some Bitcoin whales and analysts predict Rollblock could surpass Cardano in 2025, with the potential for a 100x return by December.
GameFi puts Rollblock on everybody’s radar with massive presale hit
Highlighting the demand for security and speed in gaming, Rollblock’s presale has been a massive success. The protocol has raised over $10 million from 45,000 early investors, drawing attention to its innovative approach to online gambling.
Unlike traditional platforms, Rollblock prioritizes speed and security. The protocol uses blockchain technology to eliminate fraud and scams. All 7,000+ games run on Ethereum, ensuring every outcome is encrypted and tamper-proof. The same goes for the newly introduced sports betting and for the live dealers.
Moreover, Rollblock enhances user experience with 24/7 availability and near-instant transactions. Instead of waiting hours for bank transfers, players can deposit and withdraw funds in under a minute using Bitcoin or Tether.
These innovations have made Rollblock a popular choice for players worldwide. In December alone, the platform saw a 600% spike in signups and deposits. According to analysts, it is on track to double December’s total wagers.
At the heart of Rollblock’s ecosystem is RBLK, the platform’s native token. Besides governance and staking, RBLK powers the protocol’s revenue-sharing model. Rollblock allocates up to 30% of its revenue to buying RBLK from the open market, burning 60% and distributing the rest as staking rewards.
Currently priced at $0.052, RBLK has already delivered a 420% return. According to analysts, this number is expected to climb even higher in February as the protocol continues to gain momentum.
Cardano faces selling pressure and drops in value
Dropping nearly 19% from its resistance level of $1.18 on January 17, Cardano has extended losses to 21.63% and now trades around $0.63. A wave of liquidations has wiped out over $120 million, while negative funding rates indicate persistent bearish sentiment.
If the downturn continues, Cardano could test the next key support at $0.44. The RSI at 45 and a bearish MACD crossover suggest further downside pressure, making a reversal unlikely in the short term. Without a shift in momentum, traders will be watching closely for any signs of recovery as Cardano struggles to regain traction.
Bitcoin drops below $90k
After breaking its 50-day EMA at $98,674, Bitcoin has fallen below the $100,000 support level and is trading around $95,500. The decline follows the implementation of new U.S. tariffs, triggering a broad market correction. The sell-off led to over $2.26 billion in total crypto liquidations, with $416 million coming from Bitcoin alone.
Bitcoin could retest key support at $90,000, with a further drop to $85,000 possible. The RSI at 38 and a bearish MACD crossover suggest strong selling pressure. However, if Bitcoin stabilizes at $90,000, a rebound toward the 50-day EMA at $98,674 could signal a potential recovery.
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- Solana, Litecoin, and Panshibi Are Drawing Investor Attention, With ETF Speculation and Meme Coin Momentum Fueling Potential February Gains
- Feb 05, 2025 at 01:51 am
- Speculation continues to rise around Solana's price, as some traders expect a significant move soon. At the same time, Litecoin watchers anticipate possible gains if the SEC approves an ETF proposal, while a new meme coin tipped to go all the way quietly gathers steam.
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- Hedera ($HBAR), Sui ($SUI), Solana ($SOL), Chainlink ($LINK), and Ondo ($ONDO) Show Interesting Developments as the Altcoin Market Moves
- Feb 05, 2025 at 01:46 am
- While Ethereum leads the market, these altcoins show interesting developments, particularly as they experience varying degrees of upward momentum and resistance.
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- Bitcoin (BTC) Market Top Above the $200,000 level, Here's When to Buy
- Feb 05, 2025 at 01:46 am
- Bitcoin is struggling to reclaim key resistance levels after a pullback. Despite the sharp correction and market fluctuation, Mags, a seasoned market expert and trader outlines that BTC's bull market cycle remains strong in the long term.
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- Bitcoin Price Predictions Suggest It Could Surpass $1 Million by Early 2027
- Feb 05, 2025 at 01:46 am
- In an article recently published in the Journal of Risk and Financial Management, Murray A. Rudd and Dennis Porter suggest that the Bitcoin price could surpass the $1 million price level in early 2027.