As expected, the approval of Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has triggered a further rise in the price of the pioneer cryptocurrency. The altcoin they were not left behind; their upside is evident in Arbitrum (ARB) and Borroe Finance ($ROE).
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Spot Bitcoin ETF approved in US
In a significant milestone for the blockchain ecosystem, the long-awaited approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) is now available, triggering a sharp rally in the global digital asset market.
This historic event made headlines in the cryptocurrency newsbecause the years of suspense and uncertainty are finally over.
As the saying goes, “when Bitcoin goes up, it drags altcoins”. The altcoin rally is in full swing, but it may have just begun. Arbitrum (ARB) e Borroe Finance ($ROE) they are now in a strong upward trend.
The rise of Borroe Finance
The presale of $ROE is quickly becoming one of the most talked about ICOs and could make the list of viral token launches. Eat native token, $ROE manages the Borroe Finance project. Borroe Finance changes the funding status quo, giving Web3 creators a better option thanks to its instant funding model.
The ecosystem Borroe Finance AI-empowered brings together Web3 creators, enthusiasts and investors. To access funds instantly, Web3 creators mint NFTs representing their future income and recurring earnings and sell them at a discount to Borroe Finance marketplace, where ready investors are found. This creates an upfront cash flow to meet their financing needs.
Following the completed verification of the project’s smart contract and trust in team members, including Michael Price and Maxim Prishchepo, $ROE is currently in phase 4 and has completed over 80% of phase sales, in just 48 hours, thanks to investor demand.
At the time of writing, $ROE it sold for $0.019 and the project has raised more than $2.5 million so far.
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The rise of Arbitrum
Arbitrum boasts of being the future of blockchain of Ethereum. It is the leading layer-2 technology that enables users and blockchain developers to explore and build in the Ethereum ecosystem. Thanks to its optimistic roll-up technology, it improves the functionality of Ethereum smart contracts by improving their privacy, speed and scalability.
Built on Ethereum, Arbitrum was accessible to many users who were familiar with the decentralized applications (Dapps) most popular on the blockchain. Its growth was almost instantaneous because it was easy to build on top of with standard developer tools.
ARB tokens introduced into the cryptocurrency ecosystem via airdrop, with approximately 12.75% of the token supply in airdrop, are token of governance. As such, they are used within the decentralized autonomous organization (DAO) Arbitrum, whose owners participate in decentralized governance and make decisions that will be executed on-chain once approved.
At the time of writing, ARB is trading at $2.04, up 24.1%, 3.5%, 38.1% and 89.5% on the 24-hour, 7-day charts respectively , 14 days and 30 days.
Learn more about Borroe Finance ($ROE) here:
Visit the Borroe Finance presale | Join the Telegram group | Follow Borroe Finance on Twitter
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