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Bitcoin (BTC) To Break $150,000 This Year? Rollblock (RBLK) And Algorand (ALGO) Targeting $1

By
TI Partners
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1

Although Bitcoin has seen a slight retracement, due in part to the current political situation in the Middle East, BTC is still up by over 100% this year and is very likely to keep rising.

This will drive the altcoin market, with coins like Rollblock and Algorand are likely to post greater gains than Bitcoin. People are particularly excited about Rollblock, a new online crypto casino in presale, that is believed to reach 10,000% returns.

Read on to find out more information on these coins..

Bitcoin proves that it is here to stay with its ETFs

If you’ve been in crypto for a while, you’ll know that having Bitcoin as a part of your portfolio is an important way to diversify your holdings and weather out any storms, since in the long run, BTC always goes up.

The recent ETF approvals and inflows from asset managers around the world show that Bitcoin is now too big to fail, flying in the face of all the TradFi heads who disingenuously predicted Bitcoin would go to $0.

The reality is that BTC is just getting started. This means that a $150k target for this year or perhaps next, is very achievable.

Rollblock – the next altcoin to make millionaires from small investments?

While Bitcoin sits at around $63k at the time of writing, a target of $150k is a 138% increase from this figure. This makes sense due to the large market cap of Bitcoin. But for those wanting to add a possible 10,000% increase to their portfolio, they need to diversify into new coins, such as Rollblocks $RBLK.

Online casinos have grown massively in popularity over the last few years with the global gaming market valued at USD 245.9 Billion in 2022. Online casinos take away the stigma of walking into a casino and are now attracting much more women than traditional casinos, perhaps for this very reason.

Where things get exciting is the combination of crypto and online casinos and this is exactly what Rollblock are going to do. Although there are many benefits of this infusion, the two standout features right now are, firstly the transparency of the blockchain, meaning that people will be able to see that the casino is being honest and not betting against them.

Secondly, those who hold Rollblock tokens will be rewarded with loyalty bonuses and other benefits (TBC) as the casino grows. Think of Rollblock tokens as a kind of share in the company, with the cryptocurrency partially backed by the casino’s revenue.

Rollblock is entering phase one of its presale, at just $0.01. The price will rise as each stage completes with the coin being predicted to hit $1 when it goes live on the open market.

Algorand has to solve centralization problems, but a $1 target is achievable

Algorand was once supported by Gary Gensler, SEC Chair, in his lectures at MIT. He actually called Algorand a “great technology’ in 2019. Or at least that was the case before he declared Algorand as a security in 2023.

However, the SEC has continued to receive flak for endlessly changing their minds about which cryptos are and are not securities, also for obstructing the trading of cryptos.

Given that Algorand are working on further decentralization of ALGO, it seems likely that Algorand, just like BTC and ETH, will be free of this burdensome label in the future.

Since Algorand reached highs of $1.60 in the last bull run, a target of $1 seems reasonable if not even a bit conservative.

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

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

Socials: https://linktr.ee/rollblockcasino

BlockDAG Dominates As Top Altcoin Choice, Surpassing $20.3M in Presale; APT Grows with Ascend Initiative, While Kaspa Faces Crucial Market Phase

By
TI Partners
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0

BlockDAG has firmly established itself in the cryptocurrency market by raising over $20.3 million during its latest presale phase, selling over 8 billion coins and more than 4,800 miners. This achievement has set a new standard for success, quickly propelling BlockDAG to the forefront of desirable altcoins. This article will focus on APT Price and the Kaspa market volatility while examining how BlockDAG aims to propel in the market.

APT Price Boosted by Strategic Collaborations

Aptos Labs has partnered with Microsoft Azure, SK Telecom, Brevan Howard, and BCG to launch Aptos Ascend. This platform utilizes Microsoft Azure’s robust technology and SK Telecom’s innovations to create cutting-edge, secure, scalable financial solutions tailored to Web3 and open finance. With its sophisticated digital asset and network controls, the introduction of Aptos Ascend has led to a noticeable increase in APT’s price, which recently surged 5.17% to $9.57, alongside a significant rise in trading volume.

Kaspa Navigates Market Volatility with Key Support Level in Sight

Kaspa currently hovers near the critical support level of $0.1000, maintaining stability through bullish market activities. A downward break through this support could lead to a sell-off, whereas holding or bouncing off could see the price head towards $0.1500. Although volatility has lessened, and market sentiment appears cautious, the potential for a price rebound exists if it can hold above critical price levels.

BlockDAG: Setting New Standards as ‘Kaspa Killer’

Dubbed the ‘Kaspa Killer,’ BlockDAG has introduced a groundbreaking model that effectively merges the security of traditional blockchains with the speed and scalability of Directed Acyclic Graphs (DAGs). This blend enhances performance and ensures greater efficiency and scalability, positioning BlockDAG as a revolutionary force in distributed ledger technology.

The $20.3 million presale success of BlockDAG, combined with over 4,800 mining devices sold, bringing in an additional $2.2 million, highlights the strong market confidence in its technology. Early backers of BlockDAG are looking at potentially massive returns, with projections of up to a 30,000x ROI upon its official rollout.

Adding to the anticipation, BlockDAG has teased an upcoming keynote video set on the moon to significantly increase the project’s visibility and attract even greater investor interest. This bold marketing move underscores BlockDAG’s innovative approach and commitment to leading the altcoin market.

Concluding Thoughts

As Aptos enjoys a price uplift from its Ascend collaboration, and Kaspa contends with pivotal market movements, BlockDAG emerges as a clear leader, outshining competitors with its innovative technology and strong $20.3 million presale performance. With substantial investments already secured and a promising future outlined, BlockDAG is one of the best altcoins to invest in, promising significant returns and pioneering advancements in blockchain technology.

  

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

PoS Transactions Record Sharp Decline, Plummeted by 19% in Q1 2024 – CBN

By
Ojukwu Emmanuel
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0

The Central Bank of Nigeria (CBN) in a recent report revealed that Point-of-Sale (PoS) transactions in Nigeria plummeted by N225.73 billion in the first quarter (Q1) of 2024, compared to the same period last year.

The decline in February and March culminated in a %19 drop. This is coming after January 2024 saw an initial surge in transaction volumes which rose 112.78 million, an increase from 96.35 million in January 2023.

In February 2024, the volume of POS transactions decreased to 97.57 million from the 113.53 million recorded in the same month of the previous year. March continued this decline, with volumes falling to 103.65 million, down from the high of 177.93 million seen in March 2023.

The total volume for the first quarter of 2024 amounted to 314 million transactions, marking a substantial decrease of 73.81 million compared to the same period in 2023.

The scarcity of cash during that period prompted a surge in cashless transactions, notably through the use of POS systems, as people sought alternatives to carry out their daily transactions due to insufficient cash circulation.

The recent decrease in POS usage suggests a potential shift away from the cashless trend, indicating that the effects of the previous year’s cash shortage may be stabilizing, or that new patterns in consumer transaction behavior are beginning to emerge.

However, despite the decline in PoS transaction values and volumes, the registration of terminals saw an uptrend, increasing by 289,154 from January to March 2014. This growth represented a 47.02% increase compared to the previous year, which suggested expansion despite a decline in usage.

In Q1 2023, the number of registered POS terminals increased by 218, 475, from

2,318,947 in January 2023 to 2,537,422 by March 2023. By the same quarter in 2024, the number of registered POS terminals had increased by 289, 154, from 3,441,287 in January 2024 to 3,730,441 by March 2024.

Overall, between the end of Q1 2023 and that of Q1 2024, Nigeria has witnessed an additional 1,193,019 POS terminals, marking a 47.02% increase.

Notably, amid the decline in PoS transactions for Q1 2024, the CBN reported that cash outside the bank surged significantly. In January 2024, cash outside banks escalated to N3.28 trillion, which is an increase of 314% from N792.18 billion in the same month of 2023. For February, the amount skyrocketed further to N3.411 trillion, marking a 305% increase from the N843.31 billion recorded in February 2023.

With the significant decline of PoS transactions recorded in Q1 2024, it highlights a growing trend of Nigerians embracing cashless transactions. Cashless transactions in the country were partly boosted by the Central Bank of Nigeria’s naira redesign policy and withdrawal limits.

Once Again, Multichoice Increases Subscription Fees for Nigerian Subscribers by over 20%

By
Samuel Nwite
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0

MultiChoice, the leading provider of satellite television services in Nigeria, has once again announced a significant increase in the prices of its DStv and GOtv packages, attributing the decision to ongoing economic challenges within the country. 

The latest price adjustments are set to take effect from May 1, marking the fourth consecutive hike in subscription fees within a relatively short timeframe.

In a message sent to subscribers on Wednesday, MultiChoice acknowledged the potential impact of these changes on its valued customers, signaling an awareness of the financial strain that such increases may impose. The company expressed empathy, stating, “We understand the impact this change may have on you – our valued customer.”

The updated price list revealed a notable 25% surge in subscription fees across all packages, underlining the magnitude of the adjustment. 

The DStv Premium package, the company’s flagship offering, will witness a substantial increase from N29,500 to N37,000, constituting a 20.27% surge. Similarly, the DStv Compact+ package will experience a price hike from N19,800 to N25,000, reflecting a 20.8% escalation, while the Compact package will rise from N12,500 to N15,700, representing a 20.38% increase.

The GOtv offerings are also subject to significant price adjustments, with the Supa+ package witnessing a surge from N12,500 to N15,700, a 20.38% increase. The Supa package will rise from N7,600 to N9,600, marking a 20.8% escalation, and the Max package will increase from N5,700 to N7,200, reflecting a 20.8% surge.

Moreover, MultiChoice’s previous price hike in December was also substantial, resulting in a 20% increase across various packages. This decision came shortly after the company reported a $72 million loss in its third-quarter financial statement, denoting the financial challenges faced by the entertainment firm.

MultiChoice has consistently attributed its pricing decisions to the prevailing economic conditions in Nigeria, which have been characterized by fluctuations in fuel prices and other essential commodities. These economic headwinds have, in turn, impacted the company’s operational costs, necessitating periodic adjustments to subscription fees.

The company’s track record of price hikes underscores the broader trend of rising costs for consumers amid economic uncertainty. Since March 2022, MultiChoice has implemented multiple price increases across its DStv and GOtv packages, with adjustments announced in April and December 2023, respectively.

Despite the company’s efforts to rationalize these price adjustments within the context of economic challenges, the successive hikes raise questions about affordability and access to essential entertainment services for Nigerian consumers. 

Nigerians seek alternatives

Following the announcement, Nigerian subscribers have taken to social media to register their displeasure, with many seeking alternatives to Multichoice. 

“Multichoice announces Price Adjustment on DStv and GOtv Packages with effect from 1st May 2024. So why the increment when naira is appreciating against dollar?”, An X user named Deji asked.

“Can we all agree to stop using DSTV?”, an X user named Dr. Sina asked. “I think we as Nigerians need to get to a point where we call out companies that aren’t empathic towards plight of Nigerians. DSTV keeps increasing their tariffs, despite providing less value on their channels. We need to take back power.”

“DStv’s recent price adjustment seems unjustified. With TSTV no longer a competitive option, it’s time to explore alternatives like IPTV. The monopoly DStv holds is detrimental to consumers especially their refusal to pay per view. We need more options for fair pricing and better services,” another X user, James Agwu, said.

TikTok Will Likely Not Sell Its AI To Potential US Buyers

By
Ndubuisi Ekekwe
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1

It is now the law of the land: TikTok must either be in the hands of the natives or exit America. Yes, “In a landmark decision with profound implications for the tech industry, the U.S. Senate has passed a bill mandating ByteDance, the parent company of popular social media platform TikTok, to divest its ownership within 270 days or risk losing access to the lucrative U.S. market…. This legislative initiative…has been signed into law by President Joe Biden.”

I posit that ByteDance, the owner of TikTok, will not sell, but after some legal challenges, will count its losses and exit the United States. Why? China will not allow it to ship the AI to the Americans – and without the AI, the ingredients of the soup which make TikTok amazing will not be complete. The worst-case scenario is to ship the users with the trademark while the AI code remains with the company in China. That will mark the valuation of TikTok down by more than 70%.

For companies like Temu, Shein and other Chinese online companies operating in the US this is the moment of truth! Geopolitics is now the risk vector.

We will see how China responds…Apple and Microsoft could be at the crosshairs here. But that will come after 270 days!

The bill classifies TikTok as a “foreign adversary controlled application,” effectively compelling ByteDance to initiate the sale of the platform to a non-Chinese entity within the prescribed timeframe. President Biden retains the prerogative to extend the divestiture deadline by up to 90 days if significant progress toward a sale is underway.

However, TikTok could retain its foothold in the U.S. market if the president determines that the divestiture would sufficiently mitigate concerns related to foreign control. The bill also extends its purview to cover other applications designated as being controlled by foreign adversaries, reflecting broader apprehensions regarding national security vulnerabilities inherent in the digital landscape.

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