The recent developments in U.S. politics are causing ripples through the crypto market, leading to significant gains for digital currencies. Reports suggest that former President Trump is contemplating a lawsuit against Federal Reserve Chair Jerome Powell concerning the ongoing renovations at the Federal Reserve’s Washington headquarters. Alongside this legal consideration, Trump is also advocating for a new Federal Reserve chair who would endorse substantial rate cuts. This political maneuvering appears to have benefitted cryptocurrencies, with Ethereum, Rollblock, and XRP seeing notable price increases.
Ethereum is approaching its all-time high, XRP remains positive, and Rollblock has experienced an impressive surge of over 500%. As these trends unfold, investors are questioning whether this is just the beginning of even greater returns.
Rollblock Delivers Live Utility and Deflationary Rewards Ahead of Token Launch
Rollblock stands out as a fully operational gaming platform, offering a vast array of over 12,000 games enhanced by artificial intelligence. These include popular games like blackjack, poker, slots, crash games, and roulette. Additionally, the platform features a sportsbook allowing users to place bets on real-life events. All transactions, payouts, and game outcomes are securely recorded on Ethereum using SolidProof-audited smart contracts, guaranteeing fairness and transparency.
Signing up is quick and easy, taking less than a minute, and users can make deposits using over 50 cryptocurrencies as well as traditional options like Visa, Mastercard, Apple Pay, and Google Pay. New users can also benefit from welcome bonuses of up to $1,100.
Investors are particularly drawn to Rollblock’s weekly revenue-sharing model. Each week, up to 30% of the platform’s revenue is allocated to buy back RBLK tokens, with 60% of these tokens being permanently burned and 40% given as staking rewards, potentially yielding up to 30% APY. This deflationary mechanism intricately links the platform’s growth with the token’s value.
Rollblock is distinguished by several key features:
- A live product that has generated over $15 million in bids even before its official launch.
- Deflationary tokenomics with continuous token burns to boost value.
- A capped token supply of 1 billion.
- Staking rewards up to 30% APY, supported by real platform performance.
Priced currently at $0.068 in its presale round, Rollblock is emerging as a top undervalued crypto investment. Its utility-focused model and rapid adoption position it as a lucrative opportunity in the anticipated 2025 bull market.
Ethereum Sees Institutional Buying as Price Targets Approach $5K
Ethereum (ETH) is gaining traction with renewed institutional interest enhancing market sentiment. Trading at $4,564, Ethereum’s price has increased by 0.92% in the past 24 hours, with a daily trading volume of $66.33 billion and a market cap of $560.45 billion.
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According to crypto analyst Ash Crypto, BlackRock has acquired $500 million worth of ETH, indicating a strategic accumulation by institutions even as retail investors sell due to fear. Supporting this, on-chain data reveals $55 million in net outflows from exchanges on August 14th, highlighting decreased selling pressure.
If Ethereum surpasses the $4,870 resistance, analysts predict short-term targets at $4,950, with the $5,000 milestone being the next significant objective.
XRP Price Nears Key $3.20 Level as Traders Brace for Next Move
XRP is currently priced at $3.09, experiencing a slight decrease of 0.56% over the past 24 hours. However, trading volume remains robust, increasing by 8.44% to $10.68 billion. Analyst CryptoPulse stresses that the $3.20 level is crucial, predicting that a breakthrough here could pave the way for targets at $3.43 and $3.67.
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CoinGlass data further shows that XRP’s trading volume reached $14.82 billion in the last 24 hours, while open interest dropped to $8.18 billion. The OI-weighted funding rate is at 0.00480%, reflecting a change in market sentiment. Holders remain hopeful that XRP will overcome key resistance levels and potentially reach $4 by year-end.
Rollblock Tops Ethereum and XRP in August’s Altcoin Picks
While Ethereum and XRP are established market leaders, Rollblock’s low market cap, genuine revenue streams, and deflationary tokenomics render it a standout choice this August. The following table compares Rollblock to these market leaders:
| Metric | Rollblock | Ethereum | XRP |
