GambleFi

Bitcoin

DeFi

Since Bitcoin ETFs were released, institutional investments in the crypto market have soared. Goldman Sachs recently revealed its $419 million stake in Bitcoin (BTC) while Crypto.com (CRO) has announced a multi-year sponsorship deal with UEFA. Meanwhile, Rollblock (RBLK) has broken another player growth record and is on course for 100x returns in 2024.&nbsp; 
<h3 id="strong-bankers-bet-big-on-bitcoin-etfs-strong">Bankers Bet Big on Bitcoin ETFs</h3> 
The Bitcoin story has transformed from a fringe technological novelty to a major player in traditional finance. No event sums up this journey as well as global investment bank Goldman Sachs disclosing its +$400 million holdings in Bitcoin ETFs. Goldman Sachs is well known for winning big, future-oriented bets, while its competition has muddled around in the last decade.&nbsp; 
The Bitcoin price has bounced back 7% this week from the recent lows of the crypto downturn. This week’s rebound brings the total Bitcoin price growth to exactly 100% for the year, with Bitcoin currently trading at $58,439. 
<h3 id="strong-crypto-com-uefa-sponsorship-might-be-just-what-it-needs-strong">Crypto.com UEFA Sponsorship Might Be Just What it Needs&nbsp;</h3> 
The major cryptocurrency exchange, Crypto.com (CRO), has announced a sponsorship deal with UEFA, Europe’s premier soccer competition. While the details of the deal have not been released, Crypto.com (CRO) sought a similar deal with the Champions League in 2022 valued at almost $500 million.&nbsp; 
The Crypto.com (CRO) price is one of the market leaders in the rebound, with Crypto.com increasing in value by 15% over the past week. The Crypto.com (CRO) price is up a respectable 60% this year, though this trails behind major competitors such as Binance.&nbsp; 
<h3 id="strong-rollblock-s-revolutionary-revenue-sharing-rewrites-the-rules-strong">Rollblock’s Revolutionary Revenue Sharing Rewrites the Rules</h3> 
Rollblock is one of the fastest-growing projects in the altcoin space. This lucrative GambleFi casino looks to combine the best of DeFi and TradFi to disrupt the $450 billion gambling market. Over the past few months Rollblock has already attracted over 9000 players, during which it’s also raised almost $2 million.&nbsp; 
Rollblock offers a safe and secure gambling experience, using blockchain technology to record transactions. This prevents bet manipulation and prevents unethical monetary activities. Over 150 games are available on the platform, which has removed the need for KYC checks upon sign-up. Instead, users can get started using their crypto wallet or an email.&nbsp; 
Rollblock’s revolutionary revenue-sharing model is taking the $450 billion global gambling industry by storm. Players are leaving their old, stale online casinos for the promise of a gambling token that pays them before the first roll of the dice or turn of the cards. 
As part of this model, Rollblock uses up to 30% of its casino revenue to buy $RBLK tokens from the open market. Half of these tokens are burned to reduce the $RBLK supply, and the remaining half are used for high APY rewards.&nbsp; 
Analysts expect Rollblock to blow through the remaining phases of its presale now that its name has gone viral. Tokens can currently be purchased for just $0.0205 during stage five of the Rollblock presale and are expected to rally 100x before the end of the year. With this in mind, now is the perfect time to get involved before $RBLK soars! 
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! 
Website: <a href="https://presale.rollblock.io/" target="_blank" rel="nofollow noopener">https://presale.rollblock.io/</a> Socials: <a href="https://linktr.ee/rollblockcasino" target="_blank" rel="nofollow noopener">https://linktr.ee/rollblockcasino</a>&nbsp;

Goldman Sachs Reveals $419M BTC Bet, Rollblock Revenue Share Model Lures Thousands, Crypto.com (CRO) Partners With UEFA

Table of Contents

Crypto News Flash

Other articles published on Aug 17, 2024

STX Targets Breakout Above $2; Investors Throng Towards MoonBag Crypto Presale

Fidelity Joins Tokenization Race Researching Stablecoins and Digital Treasury Products

BabyDogeCoin Launches Petition to Secure Binance Listing

Bitcoin as Inflation Hedge: Coinbase CEO Backs Musk’s View

Bitcoin Fog Founder Begs Mercy Post Money Laundering Conviction

Salary Payments In Cryptocurrency Approved by Dubai Court In Latest Related Case

Join our free newsletter for daily crypto updates!