TLDR
- BTC lost 5.3% in value after the SEC delayed its decision on Bitcoin ETF filings.
- XRP dropped 17.5% despite news of the Onafriq partnership.
- A new coin offers a 150% return on investment and becomes one of the best altcoins to buy in 2023.
Bitcoin (BTC) and XRP have made up their losses in 2023. However, many investors couldn’t invest in BTC and XRP at the right time. Now that both coins face losses, investors are turning to a new coin to make profits at the end of 2023.
Let’s take a look at the latest news about Bitcoin and other top altcoins to figure out what’s the best crypto investment opportunity in 2023!
BTC Dips as SEC Postpones Decision on ETF Fillings to 2024
BTC suffered massive losses from June 2021 to December 2022. But as 2023 began, things started to look up for Bitcoin. BTC was trading at $16,630.44 at the start of 2023. Since then, it has gained 120.7% in value till November 17, when it was trading at $36,704.48.
However, as the year is coming to a close, a piece of bad news has slightly affected the value of BTC. Crypto analysts were hopeful that the SEC would approve spot Bitcoin ETF fillings by November 17. But on November 16, the SEC announced a delay on its spot Bitcoin ETF fillings.
After the news, BTC lost 5.3% in value and went from trading at $37,934.63 on November 16 to $35,901.24 on November 17. However, remembering that the SEC is highly likely to approve ETF fillings in January 2024 is worth remembering. So, Bitcoin investors can rest assured that the coin won’t lose too much of its value.
According to BTC price prediction, the coin will trade at $67,589.21 by the end of 2024 if bullish trends continue. However, BTC can trade at $54,440.84 by the end of 2024 if bearish sentiments overtake the market.
XRP in Loss Despite Ripple’s Partnership With Onafriq
Like BTC, 2023 has also proven to be a good year for XRP. At the start of 2023, XRP was trading at $0.3363. But since then, it has gained 85.4% to reach $0.6238 by November 17. On October 20, 2023, the SEC dropped claims against two Ripple Lab Executives. The news further improved XRP’s value.
On November 7, Ripple announced a partnership with Onafriq, an Africa-focused payment fintech startup. The partnership aims to make borders matter less when it comes to sending payments within, to, and from Africa. Although the partnership can be beneficial for Ripple, it did not have a positive effect on the price of XRP.
Since the announcement on November 7, XRP has lost 17.5% in value to go from $0.7155 to $0.5901 on November 17. Whether the altcoin price will continue to go down or not is yet to be seen.
But there is some positive news for investors as XRP price prediction for 2024 reveals the coin could trade at $1.1561. However, the prediction is based on the market’s bullish trends. In case of bearish trends, XRP can trade at $0.9980 by the end of 2024.
$RBLZ Becomes Top ICO by Promising 150% Gains
Rebel Satoshi (RBLZ) may have entered the market as a meme coin, but its mission is to reshape the landscape of the crypto world. Rebel Satoshi aims to unite the underdogs against the system that only favours the elite.
Following in the footsteps of Satoshi Nakamoto and Guy Fawkes, Rebel Satoshi intends to herald a new era of decentralized systems. Under the leadership of Rebel Satoshi, rebels can stand against centralized organizations. $RBLZ, the token from Rebel Satoshi, is the beacon of hope for this movement and all the rebels.
$RBLZ offers an exclusive list of benefits to its investors. Along with staking rewards, investors can be part of a community-run ecosystem. $RBLZ also has zero buy-and-sell tax and a simple and fair launch process.
One of the reasons why $RBLZ is making waves in the crypto market is its aim to get a $100 million market capitalization. The attractive features of $RBLZ make it one of the altcoins to watch for massive gains in 2023 and 2024.
At the moment, Rebel Satoshi is in the Early Bird Round of its presale, where each $RBLZ token is available at $0.010. The value of $RBLZ is expected to increase by 29% by the next round of the presale when it will be priced at $0.013.
Rebel Satoshi is expected to offer its early investors a 150% return on investment when $RBLZ officially launches. The price of $RBLZ after the official launch is expected to be $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
