Best crypto to buy now after Bitcoin (BTC) halving and Ethereum (ETH) ETFs approval

2024-6-5 17:00

The U.S. SEC approval of Bitcoin spot ETF earlier in the year and the Ethereum ETF approval a few days ago has triggering massive interest among traditional and institutional investors in the crypto market.

With the ongoing rally, Bitcoin is on the path of retesting its ATH record of $73,750, which it set in March making it the best crypto for beginners looking to make massive gains. At the same time, Ethereum is also establishing itself as one of the top altcoins in the market as the Ethereum ETF trading draws closer.

In another development, Rollblock has entered stage 3 of presale with whales accumulating the token. 

Mexican billionaire asks followers to buy Bitcoin (BTC0 as price hits $70K

Commenting on a post on X describing how the Nigerian naira has dropped under a satoshi, the Mexican billionaire worth over $14B and founder of Salina Group, Salinas Pliego, asked followers to buy BTC. 

So far, Bitcoin price has retested the $70,000 mark as it battles to establish support at the zone. Meanwhile, the Bitcoin trading volume and market cap are surging as investors accumulate the token.

According to top crypto analyst Captain Faibik, Bitcoin is finally breaking out of the pennant after 18 days of consolidation with a massive rally imminent.

As such, major Bitcoin price predictions tip the price to hit $80K in Q3, making it one of the best cryptos to buy now.

Ethereum price prediction, can Ethereum hit $8000?

Before the approval of Ethereum ETFs, Standard Chartered, one of the leading banks, projected that Ethereum’s price would hit $8000 in the year. The bank made the prediction based on the recent development and heightened investors’ interest. For context, the Ethereum price has increased by 25% in the past month, with a slight 3% drop in the weekly chart. 

Major key market indicators, such as the Ethereum trading volume and market cap, are heading to the moon. However, the Ethereum market sentiment is bearish.

However, Ali Martinez, a top crypto analyst has observed an increase in the addresses holding Ethereum, showing a shift from distribution to accumulation.

As such, a rally towards $4000 is possible soon. This makes Ethereum one of the best cryptos to invest in for long-term gains.

Is Rollblock (RBLK) a good buy for beginners?

While Bitcoin and Ethereum show signs of massive gains, the biggest issue new investors face is finding the top crypto coins currently at a low price but with massive potential for short and long-term profits.

But one cryptocurrency, Rollblock, offers a compelling investment opportunity in its ongoing presale round. Just in stage 3 of the presale, Rollblock has attracted whales with millions of tokens sold and close to $1M raised. Analysts believe the project will raise $10M by the end of Q3. 

So far, the Rollblock token price has already shown a steady rise, moving from $0.001 to $0.014; earning early investors a cool 40% in returns.

Some analysts are projecting major rallies in the coming weeks as the RBLK token is set to hit major CEX exchanges in Q3.

In addition to projected price movements post exchange listing, experts also expect the cryptocurrency to perform well seeing that the Rollblock platform the world’s first backed crypto casino and RBLK is a play-to-earn token on the platform.

The RBLK token can be staked for rewards and swapped for other cryptocurrencies or fiat currencies. It is also the vehicle used to distribute cashbacks, etc.

Meanwhile, registration in Rollblock is easy, as no KYC is needed. With the gambling industry facing trust and security issues, Rollblock is introducing unique features.

At the ecosystem, all transactions are permanent and immutable, making it hard to alter bets when placed.

With the gambling industry set to hit $744B in 2028, now is the best time to invest in RBLK tokens, which analysts pick as one of the best crypto presale tokens to invest in 2024. 

To discover the exciting opportunities of the Rollblock (RBLK) presale, you can visit  RBLK Website or Socials.

The post Best crypto to buy now after Bitcoin (BTC) halving and Ethereum (ETH) ETFs approval appeared first on Invezz

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