The world of cryptocurrency is forever evolving with movers and shakers continuously making waves with industrious breakthroughs and innovative ideas. This week is no different, with major updates from some of the top crypto coins in the market. Below is a swift glance over the most important events concerning Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance Coin (BNB). The Ethereum (ETH) network has registered a strong surge of new wallet addresses, thus suggesting a significant rejuvenation of interest despite the overall market bearish trend. Santiment revealed that nearly 267,000 Ethereum wallets were created on April 28 and 29 – the highest two-day spike in more than two years. The growth of wallet addresses signals the active growth of the Ethereum network, while the Securities and Exchange Commission has moved the decision date for Invesco’s Galaxy’s application for approval of Ether ETF to July. The Ethereum price has been bearish as its price tumbled more than 18% in the last 30 days to trade under $3,000. Rollblock (RBLK) is a DeFi project that is designed to address a number of issues that are typical of the casino and gaming industry. Rollblock puts fairness and trust at the forefront of its offering, leveraging the transparency and decentralization of blockchain technology. The advancements in blockchain technology ensures that all transactions and player data are secured. Fully licensed, operational and already generating revenue, there is a diverse collection of casino classics available in the Rollblock platform. One reason investors are going “all-in” on RBLK is because of their unique revenue sharing model, sharing a portion of revenue with token holders. This will be in the form of token buy backs of which half will be burned, adding heavy buying pressure to the token as well as making it deflationary. The other half will be made available to holders via staking rewards offering some of the best APYs in the crypto space and investors the chance to receive passive income. While Rollblock is designed to solve the challenges of casinos and gambling, it is built to accommodate the expansion of the industry. According to Statista, the online gambling industry could be home to over 281.3 million users by 2029, giving Rollblock massive room for growth. Being the native token of the platform designed to support the future of the online gaming and casino industry, RBLK has been projected to 50x in 2024 once listed on a tier 1 CEX.. As a result, while RBLK is now being traded at only $0.1, analysts have set a price tag of $5 in 2024, making it one of the best coins to buy now. Ripple (XRP) is also one of the top altcoins that have been affected by the SEC. In the final SEC filing, the regulator challenged Ripple’s stance that the company was not reckless and that “widespread uncertainty” should exist regarding the legal position of XRP. The regulator submitted the filing, though this fair notice defense had been previously rejected by the court. Since this filing, the price of XRP has been on a decline. The XRP coin is bearish on the monthly timeframe, losing 15% of its value. Richard Teng, the CEO of Binance has disclosed that a bribe was sought by the Nigerian government to settle the tax evasion and money laundering charges and release Tigran Gambaryan. According to Teng, the $150 million and detainment of its staff, is a dangerous precedent set by Nigeria. Meanwhile, Captain Fabik, one of the top crypto analysts, has confirmed that an altcoin season is around the corner. According to his prediction, BNB is set for a major bullish rally. Based on his prediction, BNB is one of the top crypto coins to buy, as it could experience a 40% rally. The exciting developments from the top altcoins – Ethereum, Rollblock, Ripple, and Binance highlight the growing adoption of the cryptocurrency market. As the native token of the platform built to accommodate the future of the online gaming and casino industry, RBLK has been tipped to become the top DeFi token of 2024. In addition, the extensive utility, revenue share and opportunities for token holders give RBLK greater room for growth. RBLK is currently priced at only $0.01, making it the best time to start to stack the Rollblock token.
Tags: Cryptocurrency, Bitcoin, Ripple, Ethereum, Binance, Digital currency