Bhutan sells $40 million worth of BTC, but altcoins remain unchecked as Avalanche and Rollblock soar

The royal government of Bhutan recently sent shockwaves through the Bitcoin market after moving $40 million worth of its holdings. Altcoins including Avalanche and the promising Web3 gaming platform Rolling block ($RBLK) have continued their meteoric rise as many analysts continue to predict 50x moves from here.

Bhutan Hits Sell Button on Bitcoin ($BTC) – Should Holders Be Worried?

Recently, Bitcoin markets were thrown into turmoil when it was revealed that the Royal Government of Bhutan had sold 367 Bitcoins from its holdings worth over $40 million. This is the second time Bhutan has recently sold some of its Bitcoin holdings, having sold $66 million in recent weeks. Despite this selling pressure, the Himalayan country remains one of the largest sovereign Bitcoin holders, with over 12,200 Bitcoins under management, worth around $1.1 billion.

Bitcoin has recently consolidated over $100,000 in value and is currently up 1% on the day, reaching $101.4k.

Avalanche ($AVAX) upgrade set to improve UI for Bullish Chain

Avalanche is just outside the crypto top 10 as a 2% increase in the last 24 hours took the Avalanche price to $45.6. This brings the monthly profit for Avalanche holders to a whopping 42% and the Avalanche market cap to over $18.6 billion. Avalanche counts new Vice President JD Vance among its largest shareholders, which is obviously very optimistic about Avalanche going into next year.

Avalanche will release its Etna mainnet upgrade this week as validators prepare to update their nodes to version 1.12.

Rollblock ($RBLK)’s innovation causes investors to double their commitment

Rolling block ($RBLK) continues to innovate with its comprehensive GameFi offering, pushing the envelope with a highly innovative esports rollout this month. Now Rollblock players have access to a real-time sports environment where they can play in a variety of sporting events including golf, MMA and Formula 1 racing. This is in addition to existing Rollblock services, which include over 7,000 tabletop classics like Monopoly and exclusives like Zeppelin.

Rollblock pays out all of its profits in the native $RBLK token, which is set to become a blue chip in the gaming space this year thanks to its incredible utility and bullish token economics.

While many crypto gaming tokens suffer from dilution from massive inflation, the RBLK supply will actually decrease over time thanks to a revenue sharing program that takes profits to buy back millions of tokens each week. 60% of these purchases are burned immediately, while 40% find their way to community stakers who can easily generate some of the highest returns in crypto.

Now it’s time to do your own research and head to the Rollblock presale, where tier nine $RBLK tokens are available at the discount price of $0.041.

Discover the exciting possibilities of Rollblock (RBLK) presales today!

Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino

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