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Bitcoin’s Q4 Surge Relates to ETF Talks, Borroe Finance’s $ROE Second Pre-Sale Stage Reaches $1.8 Million.
Bitcoin (BTC) has been bullish since the beginning of the fourth quarter of 2023. Analysts have since attributed this situation to ongoing talks for approval of a BTC spot ETF. On the other hand, new DeFi projects such as Borroe Finance ($ROE) have recorded significant progress in the pre-sale phase. Some investors are betting on this token to reap huge ROI in 2024.
>>Buy $ROE tokens now<
Bitcoin spot ETF attracts attention amid BTC surge
Recently, the likelihood of SEC approval of a Bitcoin spot ETF rose to an all-time high after the committee held a strategic meeting with BlackRock. According to the report, BlackRock implemented structural adjustments to its BTC spot ETF application following a meeting with the SEC.
The new application will allow banks to create new shares based on both cryptocurrency and fiat currency, rather than just cryptocurrencies previously. You can also exchange fiat stocks for Bitcoin through an intermediary. Some of the top cryptocurrency analysts have predicted that $100 billion will flow into Bitcoin when the SEC finally approves the Bitcoin ETF.
But Bloomberg expert ETF analyst James Seyffart has some reservations. Gold ETFs have been around since 2004 and will only have about $95 billion in assets by 2023, according to Bloomberg analysts. So, according to Seyffart, an influx of $100 billion would represent an extremely unusual success.
Thanks to these ecosystem developments, Bitcoin broke the $40,000 resistance in December for the first time since April 2022. On December 1, BTC was trading at $37,702. A few days later, BTC rose 18.14% to trade at $44,540 on December 9.
According to experts, BTC is expected to see a massive rally in the first quarter of 2024 due to the upcoming Bitcoin halving and the possible approval of a BTC spot ETF. Analysts say BTC will likely be trading at $50,000 by March 2024.
$ROE Rockets through third round of pre-sales as investors raise $1.8 million for Borroe Finance
One way to find new high-value cryptocurrency tokens for novice investors is to look at early-stage success. This logic can be applied to Borroe Finance ($ROE), as the platform raised over $1.8 million in the second half of 2023.
BorroeFinance is an AI-powered fundraising platform that allows web3 businesses to raise cash instantly by selling future earnings to a supportive community at a discounted price. At BorroeFinance, web3 participants can create future subscriptions, invoices, royalties and digital earnings into popular NFTs and sell them to their audience.
To ensure the safety of the funding process, BorroeFinance integrates AI risk assessment, blockchain technology, and efficient payment solutions into its protocol. As a result, BorroeFinance lenders have access to short-term, low-risk investments. $ROE entered its third pre-sale phase in December and is selling for $0.0175.
With the influx of new $ROE investors, the third pre-sale phase is already 80.34% complete. Once all pre-sale steps are completed, $ROE will be listed on major cryptocurrency exchanges and sold for $0.04. Some analysts believe that this $ROE price movement will generate a 128.6% ROI for early investors in 2024.
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