{"id":564074,"date":"2024-08-13T11:13:38","date_gmt":"2024-08-13T11:13:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=564074"},"modified":"2024-08-13T11:12:20","modified_gmt":"2024-08-13T11:12:20","slug":"bitcoin-price-soars-2-amid-marathon-digitals-250m-bet-and-analysts-say-this-new-ico-is-among-the-best-crypto-presales-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-soars-2-amid-marathon-digitals-250m-bet-and-analysts-say-this-new-ico-is-among-the-best-crypto-presales-to-buy-now","title":{"rendered":"Bitcoin Price Soars 2% Amid Marathon Digitals $250M Bet, And Analysts Say This New ICO Is Among The Best Crypto Presales To Buy Now"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Bitcoin price soared 2% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400\">to trade at $59,133<\/span><\/a><span style=\"font-weight: 400\"> as of 03:42 a.m. EST on trading volume that surged 23% to $34 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This comes as Marathon Digital Holdings, Inc., one of the world&rsquo;s largest Bitcoin mining firms, announced its plans to privately offer $250 million in convertible senior notes due 2031. The private offering is targeted at qualified institutional buyers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The firm aims to use the proceeds to acquire Bitcoin as well as corporate growth.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Marathon Digitals also has the option to increase the offering by an additional $37.5 million. Depending on market conditions. These notes are set to mature in 2031, with interest payments starting in 2025.<\/span><\/p>\n<h2>Bitcoin Price Could Sustain Its Rally<\/h2>\n<p><span style=\"font-weight: 400\">The Bitcoin price has been in a sustained rally in the last week, soaring 7%, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BTC has been trading within the rising channel pattern, with the price surging over the channel once as it rose to the $62,500 resistance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The bulls now aim for a sustained rally over the channel, as BTC climbs over the 50-day Simple Moving Average (SMA). A sustained rally could propel the price of Bitcoin to the upper boundary of the channel, and within the 200-day SMA at $62,532.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If this momentum continues, the price of Bitcoin could soar above the rising channel, as the bulls target $66,700.<\/span><\/p>\n<figure id=\"attachment_564076\" aria-describedby=\"caption-attachment-564076\" style=\"width: 1255px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-564076 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-13_10-42-59.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1255\" height=\"473\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-13_10-42-59.png 1255w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-13_10-42-59-300x113.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-13_10-42-59-1024x386.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-13_10-42-59-768x289.png 768w\" sizes=\"(max-width: 1255px) 100vw, 1255px\"><figcaption id=\"caption-attachment-564076\" class=\"wp-caption-text\">Bitcoin Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">However, the Relative Strength Index (RSI) is dropping from the 50-midline level, currently at 46, which is an indication that sellers are gaining control of the token. If the selling continues, the BTC price could plunge further down to the $58,211 support (50-day SMA).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, another crypto, <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" rel=\"nofollow\"><span style=\"font-weight: 400\">Mega Dice (DICE)<\/span><\/a><span style=\"font-weight: 400\">, is preparing to explode. Top analysts and investors are rushing to buy this token before it&rsquo;s too late.<\/span><\/p>\n<h2>DICE: The Next 100X Crypto? Join the Mega Dice Revolution Today<\/h2>\n<p><span style=\"font-weight: 400\">The crypto world is abuzz with excitement over DICE, the native token of the rapidly growing Mega Dice Casino. With predictions of a potential &ldquo;100x&rdquo; return post-launch, now might be the perfect time to consider this opportunity.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mega Dice Casino is no ordinary platform&mdash;it boasts over 11,000 active users and processes more than $50 million in monthly bets. Offering a vast array of over 4,000 casino games and more than 50 sports and eSports betting options, Mega Dice is quickly becoming a go-to destination for gaming enthusiasts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">What makes DICE truly stand out is its innovative <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" rel=\"nofollow\"><span style=\"font-weight: 400\">staking model<\/span><\/a><span style=\"font-weight: 400\">. Token holders can earn daily rewards based on the casino&rsquo;s profits, providing an attractive incentive to hold onto this potentially lucrative cryptocurrency.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, the seamless integration with the popular TON Wallet on Telegram and the ability to manage your funds has never been easier.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Mega Dice casino now supports the best Telegram wallet! <a href=\"https:\/\/twitter.com\/hashtag\/TON?src=hash&amp;ref_src=twsrc%5Etfw\">#TON<\/a>&#128179;<\/p>\n<p>Easily use your TON by choosing it as your deposit method and connecting your wallet in just a few steps. Start playing and winning today! &#128293;<\/p>\n<p>Join now&#128071;<a href=\"https:\/\/t.co\/FjIFjfAnCY\">https:\/\/t.co\/FjIFjfAnCY<\/a> <a href=\"https:\/\/t.co\/hlqt50vBUF\">pic.twitter.com\/hlqt50vBUF<\/a><\/p>\n<p>&mdash; Mega Dice Casino (@megadice) <a href=\"https:\/\/twitter.com\/megadice\/status\/1821109134764171534?ref_src=twsrc%5Etfw\">August 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Influential crypto YouTubers like TodayTrader predict a substantial return on investment, speculating a potential &ldquo;100x&rdquo; post-launch.<\/span><\/p>\n<p><iframe title=\"&#128293; THE #1 GAMEFI COIN ON SOLANA - Easy 100X - Do Not Miss Mega $DICE\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/K0MN3ZNxAFk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">With DICE already raising over $1.7 million in its presale, the momentum is building fast. Tokens are currently priced at just $0.105266 each.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Buy DICE using BNB, ETH, or SOL on <a href=\"https:\/\/insidebitcoins.com\/visit\/mega-dice-presale\" rel=\"nofollow\">the official Mega Dice website today<\/a> and start your journey towards potential massive returns.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve\"><span style=\"font-weight: 400\">&#128640;&#129297; What is a crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye\"><span style=\"font-weight: 400\">&#128640;&#128176; Are Crypto Presales Worth It? The Pros and Cons You Need to Know! &#128184;&#129300;<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-apps\/\"><span style=\"font-weight: 400\">Best Crypto Apps &ndash; Top 7 Crypto Trading App Platforms<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Mega Dice - Newest GambleFi Token<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/mega-dice-logo.svg\" alt=\"Mega Dice\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Established Crypto Betting Brand<\/li>\n                                                                                                    <li>Featured In Cointelegraph - 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