Crypto gambling is about to get hotter with DeFi and new iGaming protocols. There’s a new coin in the limelight that has BTC and BNB whales lauding it as budding competition for Stake.com. As whale investments pour in, many believe Rollblock could soon dominate the market and become the go-to platform for online betting with crypto.

BTC Faces Bearish Outlook as Market Cap Slips

Bitcoin (BTC) continues to face downward pressure, with its market cap slipping to just above $500 billion, marking a significant drop of over 3.7% in the past week. BTC‘s 50-day SMA slid below its 200-day SMA, a condition widely referred to as the “death cross,” which is a technical indicator clearly pointing toward a bearish outlook.

Market sentiment continues to be gloomy, and BTC‘s Fear and Greed Index (FGI) score has remained deep in the “Fear” zone, reflecting a degree of uncertainty among BTC investors. Analysts have predicted more pullbacks due to a mix of factors such as inflation concerns and an expected rate hike by the Federal Reserve. RSI on BTC has fallen below 40, meaning that the asset is getting close to an oversold scenario. 

BNB Faces Market Cap Drop Amid Bearish Sentiment

BNB could also be trending with the wider market. Its market cap sank 1.3% lower over the past month, summing a market cap of over $76 billion. The trading volume dropped by 8%. The reason for the slump could be the regulatory pressure on Binance and the recent competition from rising altcoins.

Beyond that, the 200-day moving average suggests that BNB trades far below this technical index, with a strong bearish trend. Thus, some analysts based their call for BNB recovery by Q4 on whale accumulation following the losses. However, if bearish momentum soars above it, further downside risks remain for BNB.

Rollblock Competes With Top Sports Betting Platforms

There’s little doubt that today’s sports betting market has grown considerably from what it used to be, with leading gaming platforms like Stake.com drawing crowds of users. Yet, despite how innovative Stake.com is, it has tried and failed to introduce blockchain technology to the gaming industry.

Rollblock is set to be a pioneer in this regard as it combines blockchain technology with online betting to carve out a secure, transparent, and profitable ecosystem. Thanks to its tamper-proof blockchain, Rollblock guarantees a manipulation-resistant network. Additionally, Rollblock buyback campaigns incentivize investors to hold the $RBLK tokens: 50% of the tokens that get bought back are burnt, while the remaining half is redistributed to presale contributors.

Since KYC eliminates anonymity and security, by taking that out of the equation, Rollblock enables easy exchange between crypto and fiat. With its excellent profit run so far, there is a good possibility that Rollblock could dominate the market and become the next Stake.com.

Conclusion 

In light of all the happenings in the crypto world, Rollblock provides an excellent opportunity for growth in its presale. With its current presale price of $0.025, it won’t be long before it becomes the biggest blue chip asset for existing BTC and BNB investors. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

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