TLDR
- Gox bankruptcy trustee is still on track to refund creditors with Bitcoin Cash and other holdings in 2024.
- Keen entities for decentralized marketing can apply for Polkadot’s new bounty program.
- Rebel Satoshi is about to fuel a DeFi revolution as a rebel-themed meme coin.
Despite the recent approval of several exchange-traded funds for Bitcoin, Bitcoin Cash (BCH) is in a slump. Although Polkadot remains in the top 10 altcoins, it is struggling on the charts, too.
Still, the vastness of the crypto market has seen investors interested in a peculiar meme crypto to buy: Rebel Satoshi ($RBLZ)! While providing some relief, it also seeks to fulfill revolutionary goals.
Learn more later as we uncover the latest for Bitcoin Cash and Polkadot.
Emails From Mt. Gox Trustee Signal Progress in Bitcoin Cash Repayments to Creditors
Few could have imagined that the defunct Mt. Gox exchange (then the largest Bitcoin exchange) would reimburse creditors after its major security breach in 2014. Yet, an email in November 2023 surfaced from Mt. Gox’s bankruptcy trustee.
The communication detailed that creditors would receive 143,000 BCH, 142,000 BTC, 69 billion yen, and other holdings. Reports suggest the trustee has kept their word and actively communicates with creditors. October 2024 is when the trustee should have refunded all the necessary parties.
Like Bitcoin, Bitcoin Cash has surprisingly dipped despite the recent approval of BETFs (exchange-traded funds). BCH initially rose 39% from $214 to $298. It has now dropped 21% to $235 due to the ongoing bearishness in crypto. Still, given Bitcoin’s Cash status among the best altcoins, estimates suggest BCH can still surpass $400 by next year.
Polkadots Announces First Tranche of Decentralized Marketing Bounty
Polkadot has announced a novel decentralized marketing bounty program for agencies, influencers, key opinion leaders, and others with a marketing voice in the network. Decentralized marketing is an emerging concept that uses several entities for marketing instead of a centralized platform, with a focus on not hoarding personal data.
With this unique marketing type, Polkadot aims to bring more users to its ecosystem. Those who are keen can begin applying up until February 28, 2024. The bounty’s first tranche is worth 90,000 DOT or about $576,000.
Before the announcement, another interesting development involved Polkadot’s NFT chain Unique Network. The former confirmed the introduction of ‘Customizable NFTs‘ to Polkadot’s block explorer Subscan.
DOT’s drop in the past few weeks is slightly worse than Bitcoin Cash, down 33% from $9.60 to $6.42. Yet, forecasts still anticipate that DOT will likely exceed $20 by 2025.
Finally, let’s take a closer look at Rebel Satoshi and why it’s one of the top DeFi coins.
Rebel Satoshi Is Close to Kickstarting The DeFi Revolution
Rebel Satoshi is an eccentric rebel-focused meme coin for those looking to take monetary power back into their hands. It’s a rally for decentralized finance in a world where the rich get richer, and the poor get poorer. Rebel Satoshi pushes a different narrative for a massive wealth transfer from elitist organizations to ordinary folk.
The daring early adopters have contributed over $1.5 million during Rebel Satoshi‘s presale. This is a sign of greater things with Rebel Satoshi‘s grand vision of being worth $100 million in market cap. The achievement of this goal will signify greater financial strength and the power of a tight-knit, norm-challenging collective.
$RBLZ is Rebel Satoshi‘s utility token, the key to its financial ecosystem revolving around staking and trading NFTs. In keeping with rebel themes, holders with the most $RBLZ can be inducted into the Rebel Meme Hall of Fame and gain governance power in the Rebellion Secret Council.
$RBLZ is exchanging hands for a low $0.022 in the last stage of Rebel Satoshi‘s presale. It has surged 120% from $0.010 in the first round and will rise 13.6% to $0.025 after the presale. The latter will be over next month when Rebel Satoshi officially launches and kickstarts the DeFi revolution!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram