The first Ethereum ETFs are being released, and the surprising thing is that they hardly made a blip on the radar as Ethereum is down 10% for the week. Another surprise is that Cardano saw some influx, showing that the bull market can lift even lost causes. The unsurprising thing in the crypto markets is how well the Rollblock presale is going, with almost half of its fourth phase sold out.
Has Ethereum lost its luster? Since spot Ethereum ETFs were approved two months ago, Ethereum has lost nearly a thousand dollars. It feels like just yesterday Ethereum was knocking on $4k, and now it’s plummeting to $3k. The Ethereum ETFs have seen $17 billion in inflow, but this has not spurred on the Ethereum price.
However, a kinder reading on the market could explain that the low price of Ethereum can be due to Ethereum ETF approval already being priced into the market at the start of this year. All we are seeing now is price suppression thanks to profit taking, and the Bull market will drive Ethereum to its ATH by Christmas.
Cardano is not even a shadow of what it once was. It is trading at a mere 13% of its ATH, making Cardano a fallen hero. Cardano was – and still is – the most technically superior blockchain on the market. But this technical perfection has fallen out of favor thanks to leaner, meaner, faster, and cheaper blockchains.
However, the resurgent bull market has lifted even Cardano’s ailing price, and the Cardano price had a 1.5 x return in the first two weeks of July. Can Cardano get back on its feet, or is this price rise speculation from investors willing to take a chance?
Imagine getting a crypto presale token at rock bottom prices just as a bull market is starting up – it cannot get better than this, but for Rollblock investors, Christmas came in July as the fourth phase of the Rollblock presale is now underway.
Rollblock is a new online gambling dApp built on the Ethereum chain, which means that all plays are immutably recorded on a publicly auditable chain to ensure there’s no funny business or cooking the books going on. The net result is that Rollblock is the most trusted online gambling dApp on the market and at the forefront of the $500 billion gambling industry.
But it’s the engine room of Rollblock that is truly remarkable: the RBLK token is the governance token of Rollblock. It has been designed to be deflationary through a hard cap of a billion tokens and regular token burns. But the cherry on top is that Rollblock pays out a portion of the income generated on the casino floor to all RBLK token holders, making Rollblock an income-generating asset.
The Rollblock presale is the hottest investment opportunity in a bull market, and RBLK tokens are now available at $0.0172 directly from the Rollblock website where 40% of tokens available in stage 4 are already sold!
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
The post Ethereum ETFs Approved By The SEC, Investors Believe The Bull Market Is Enroute As Rollblock Reaches 6,000 Users And Cardano Sees Sharp Gains appeared first on ETHNews.