- Rebel Satoshi aims to represent a rebellious, meme-centric future
- Experts are confident the SEC will approve several Bitcoin ETFs.
- BNB Chain tokens rallying
Bitcoin (BTC) last retested $40,000 in April 2022. However, institutional curiosity may see prices return to this level in the coming sessions. Meanwhile, Rebel Satoshi (RBLZ) is launching with a rebel-themed meme coin.
Finally, BNB (BNB) is also growing as more tokens launch on its blockchain.
Experts expect SEC to approve first spot Bitcoin ETF
Bitcoin’s recent surge in value has been attributed to growing institutional interest and the anticipation of the first U.S. spot Bitcoin exchange-traded fund (ETF) approval.
The Securities and Exchange Commission (SEC) has until Nov. 17, 2023, to decide on 12 ETF filings, and many experts believe that approval is imminent.
While a delay is possible, the approval of any ETF would be a significant milestone for Bitcoin and the crypto industry.
BTC is up 45% since Sept. 12, 2023, and is currently trading at $36,130. Analysts predict that the coin could reach $40,000 by 2024.
RebelSatoshi plans to launch a rebellious, meme-centric future
Rebel Satoshi, a meme token inspired by Guy Fawkes and Satoshi Nakamoto, aims to bring a unique blend of playfulness and purpose to crypto.
Early project supporters will be inducted into the Rebel Meme Hall of Fame and the Rebellion Secret Council.
Additionally, users can access a vibrant NFT marketplace of almost 10,000 digital art characters and collectibles and stake RBLZ for passive income.
Rebel Satoshi launched on Nov. 5, 2023; investors have already bought almost a quarter of the available RBLZ.
The token trades at $0.010 but will rise to $0.013 in the next stage.
RBLZ is expected to list at $0.025 on launch.
BNB Chain tokens rising
The BNB Chain has been the driving force behind the recent success of several altcoins, including Trust Wallet Token (TWT), PancakeSwap (CAKE), Venus Protocol (XVS), and ApolloX (APL). These tokens have all experienced multi-digit gains in the past month, with ApolloX leading the way with a 178% increase in value.
BNB is also firm, rising by 20% since Oct. 10, 2023, from $202 to $243. The hype surrounding Binance Blockchain Week in Istanbul also likely drove demand. However, the most significant contributor to the renewed bullish sentiment in BNB could be expanding Bitcoin prices.
Analysts forecast BNB to reach $270 by the end of 2023, especially if BTC prices continue trending higher.
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