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Cryptocurrencies are digital currencies created by the anonymous Satoshi Nakamoto, back in 2009. Nowadays, people use cryptocurrencies when shopping in online stores, paying deposits in online casinos, paying rents and accommodations, etc. There is no doubt that bitcoin is one of the greatest technological and financial innovations of the 21st century, and its future in the online gambling world looks bright so far.
Online Casinos Accepting Cryptocurrencies
Payment methods at online casino sites were always a sensitive subject, which is not surprising since people want to deposit money safely and withdraw their prize without any difficulties. Many online casinos have given a chance to different kinds of cryptocurrencies.
Casinos that accept this method are called “Bitcoin casinos” or “Cryptocurrency casinos”. Besides Bitcoin, some gambling sites also accept Dogecoin, Litecoin, Dash, and Ethereum. Out of these digital currencies, Ethereum currently has the highest value.
Even though players are skeptical when it comes to something new and revolutionary, the number of players using the cryptocurrency method on gambling sites is increasing. You can find over 100 online casinos that accept bitcoins or other cryptocurrencies. Some online casino sites started accepting cryptocurrency deposits while keeping regular methods but some are exclusively using cryptocurrencies. For Indian players who are willing to give crypto casinos a try 10cric is one of them accepting this method. On this site, players can deposit funds using bitcoin converted into INR.
It’s very important to make sure the site you choose is licensed and trustworthy, and then you won’t have to worry about the safety of your money, whatever method you choose. There are some advantages of using cryptocurrencies at gambling sites.
The Advantages of Cryptocurrency Casinos
One of those advantages is the speed of processing transactions. It’s very fast and it doesn’t involve any unnecessary complications like waiting for a payment provider or a bank to confirm. You don’t have to wait after depositing, you can start your game right away and if you get lucky, withdrawing cryptocurrency is also a few clicks away from you. It’s also a way to assure that you won’t get rejected when making deposits and to reach total anonymity.
Cryptocurrencies are specially used for by esports bettors, which are mostly young adult people. To use cryptocurrencies you have to do your research and once you have a good grasp everything else comes naturally. Young people are probably following trends more than the older population and that’s why using cryptocurrencies for gambling sites is the most common among them.
If you’re considering Club World Casino for your next online casino adventure, you may want to know more about the site. They have some pretty mixed reviews online. So, we had a look for ourselves to see what they have to offer.
Club World Casino is a long-time brand that operates mainly in the U.S. However, it has branched out to many different countries. The casino holds a license by the Kahnawake Gaming Commission in Canada. They also have headquarters in England and follows U.K. regulations.
One of the things that stand out about Club World is that they do have a massive sign-up promotion compared to other leading platforms. Their wagering requirements are also reasonable and transparent, unlike many other comparable sites. Players are likewise pleased with their contribution rates toward the wagering requirements, which is always a plus.
Club World Casino – Software
Real Time Gaming is one of the casino software providers and perhaps the most popular in North America. RTG offers some of the best games, think huge jackpots and high-quality games that are available on any mobile device. The only thing they lack is live casino games.
Although Club World Casino carries a smaller selection than some casinos, you can count on the quality is exceptional. That’s because Real Time Gaming owns and operates the site. It also means players have options about how they want to play.
You can choose to enjoy the instant version of the site right from your browser. Or you can download the casino software for the full range of games. Both are free for P.C. or Mac users. There are also mobile capabilities, so you can either download the app or enter the site from the browser of your mobile devices.
Everything runs smoothly no matter how you choose to enjoy Club World Casino.
There is a carefully curated set of games available on the site, which many players will appreciate. Instead of crowding up their pages with every game in existence, you’ll find a smaller selection of some of the best. And since all games are by RTG, they are quite impressive.
You can choose from over 120 different games, so even though it’s carefully selected, it’s still pretty extensive. For example, you can play different versions of the classics, like blackjack, roulette, pontoon, craps, baccarat, and tons of video poker variants.
The category with the most choices is the slots which give you over a hundred titles in every theme and variation that exists. You can play branded slots with beloved themes that suit any personality. There are even a few original creations to discover. And the best part is that some of the jackpots go up to millions that you can try your luck for!
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You can now run your cryptocurrency trading bots right from a cell phone, either it is iPhone or Android. Just go to PlayStore or App Store, install TradeSanta’s app, start creating bots, and track the progress while on the go.
Want to stick to your favorite trading style? No worries, with TradeSanta’s app, it is possible to personalize your bot the way you like it.
For instance, you can place take-profit targets separately for every new order or for all the orders you execute. Also, there is an option to hand-pick various strategies, set up order volume, define the number of extra orders, and follow the bot performance as shown on different charts.
In addition to further features, you can also access your trade history, realized profit, overall profitability indicators, trading charts and so much more. In a word, TradeSanta’s app is a nice starting point for everybody who only begins to trade crypto. The app was designed in such a way that the trading flow helps novice users create an account easily and connect it to a crypto exchange in a matter of seconds.
TradeSanta’s bots are faster than any human since they can place multiple orders simultaneously and trade 24/7 just for you to have enough sleep. Still not sure if your favorite exchange is connected? The major exchanges Bittrex, Bitfinex, HitBTC, Huobi, Binance, UPbit are already connected and counting.
Just choose your trading plan and go. With the Minimum Package, you can run up to two bots with a maximum of $3K trading volume for free. As for other plans, the prices vary, yet, when buying annually, you pay less: the Basic plan for $14 per month allows you to use up to 49 bots with an unlimited trading volume and number of pairs. With the HitBTC promo for $21 per month, it is up to 49 bots, whereas, with the Maximum Plan that costs $70, you can run an unlimited number of bots.
Canada is one of those countries that never resist changes and innovations. Canada is one of the leading countries in terms of modern approaches and tendencies. Thus, Canada was also one of the countries that adopted the new crypto payments, as well as massively implemented it in social life and society overall.
Canadian people are mostly very open to modern tendencies and if there is something that can make their lives easier and more comprehensible, they are always in favour. The cryptocurrencies and crypto payments became popular in Canada very rapidly and thus many people became users of the cryptos and e-wallets.
There are many fields that have been very actively implementing all the new technologies and services. Many big industries and businesses have also adopted Bitcoin very rapidly and have already benefited from it a lot, as the number of Bitcoin users is increasing on a daily basis. One such industry is the gambling industry.
Online casinos have made huge steps forward via implementing new services and payment methods on their websites. A variety of payment methods is something that attracts clients and players the most. Many online casinos introduced Bitcoin payment methods and now, cryptocurrency casino is one of the most preferable options in the gambling community.
Due to the high interest of Canadians in the cryptocurrencies and e-wallets, certain regulations and news have been introduced to the public, in order to make the usage of the cryptos more comfortable. Rumour has gone around that the Bitcoin and other cryptos have been so popular, that the government is thinking about introducing their own national cryptocurrency. This information has not been approved by any of the officials or authorities, but the National Bank already has the outline and the design for the digital asset.
The main priority of the cryptocurrency is that blockchain technology is one of the safest technologies and the currency is decentralized, thus it is less vulnerable towards the political state and regimes.
On the other hand, liquid CAD has become more common and relevant to Canadians. It has gained popularity and thus, many people have already decided to switch to CAD as a payment method. To give you a full idea regarding the liquid CAD, it is the non-custodial prepaid payment system. It is denominated by the Canadian Dollar. The main point in all of this is that the CAD consists of vouchers issued by the Liquid Network as confidential bearer assets. Those vouchers can be transacted via Liquid wallet peer-to-peer. This is very similar to the blockchain system and generally crypto transactions.
In order to get Liquid CAD, users have to withdraw their account balance out of the Bull Bitcoin and buy the Liquid CAD with the Bitcoin.
The advantage of the Liquid CAD is that it can be used by anyone. The main purpose is to receive and send payments denominated by the Canadian Dollar. While it looks very much like the blockchain transactions, here we tackle similar problems with the limitless and permissionless markets. This enables trading and transactions of the Liquid CAD to the secondary markets as well.
Another point is that via accepting Liquid CAD, you are very much accepting a gift card. Though, accepting gift cards as payment does not seem to be very appealing. This can be justified by the fact that Bitcoin is the most liquid commodity in the market and can be easily transformed into any other currency. It can be transformed into Bylls, which is mostly used to pay the bills and make the bank transfers. Bylls is also used to sell Bitcoin or transfer money to third parties. This fact should not be very comforting either.
Bitcoin all around
The main reason for creating this new payment method is to target Bitcoin users wishing to liquidate Canadian Dollar payment for Bitcoin. This is the process called “fiat bleed”. During this process, the Canadian Dollar should be slowly abandoned and thus, Bitcoin should be the perfect alternative for it by that time.
Every Liquid CAD can be easily exchanged into Bitcoin. It is believed that this new payment service will facilitate the transfer fiat in the context of the purchase and sale of Bitcoin. Thus, commercial transactions should soon impact the value of Canadian Dollars against Bitcoin. No doubts that the innovations are very welcomed, but the impact on the economy both in the short term, as well as the long term, is yet to be observed.
One way or another, with every new initiative new risks and questions, arise. The main question yet is how stable will the Liquid CAD be. If there will be no interest collected from the Liquid CAD users and everything will be done via one platform, Bull Bitcoin will be relatively safe, at least for the trial version. The purchase of the Liquid CAD is regulated by the Financial Transactions and Reports Analysis Center of Canada, which makes the payment service a lot more reliable.
Fake crypto Youtubers and Fake scammers have been bombarding the market with irritatingly idiotic videos that try to prove or make-believe that Bill Gates or some other famous personality was actually here to promote or give away some money. Typical new-age crypto fanatics see through them but the most susceptible audiences are new crypto entrants or retail audiences who do not know the difference between real and fake.
Typically, fake YouTube airdrops are quite similar to each other. With the current pandemic enraging across the planet, a series of scams that impersonate Bill Gates has some distinct features.
With Bitcoin (BTC) Price Drop, Scammers are Getting Greedy. Just like in several other previous cases, the fraudsters launch fake ‘live streams’ on YouTube, asking users to send in their Bitcoins (BTC) in order to get redouble the initial amount. An ‘entry ticket’ into this scam starts at 0.1 BTC which is more than $650. With previous scams, it was much cheaper.
The scammers also publish the URLs of this campaign, which are linked to suspicious websites. Unlike previous cases, fraudsters launch multiple live streams simultaneously. At press time of this article, at least two of them were active.
Although these will not impact the price of Bitcoin, if the scammers hoard a lot of Bitcoin (in the thousands) then it is possible that we could see an impact in the price if they crash the market.
XRP seems to be feeling well so far as it manages to maintain the $0.16 level and the third position on the top ten coins’ scale. Investors and holders in South Korea and Japan believe so too and are transferring gargantuan amounts of it both for selling and storing.
140.4 mln XRP moved in Korea and Japan
The Twitter bot which tracks XRP transactions, XRPL Monitor, has spotted several wires on XRP ledger that have moved a jaw-dropping 140.4 mln XRP over the last twenty-four hours. That took around a dozen transactions, totaling $24,247,080.
The majority of those XRP transfers were conducted with the participation of the South Korean Bithumb and Coinone exchanges, as well as the Japanese trading venue Bitbank.
XRP expected to go up
Traders from TradingView believe that the price of the third-largest coin is going to increase to the $0.18 level in the short term.
Trader Alex_Clay writes:
“We completed all targets on previous upward wave. now price fixed above strong support, if price takes a correction to this support again we can take a long position, if we see a confirmed breakout of the strong resistance we can take long position too.”
There are reasons why people are moving, hoarding or dumping XRP, according to prominent traders, people and institutional investors are getting ready for the XRP bull run. If the bull run does occur, many investors believe that a huge price pump to $1.6 is inevitable.
Following the near 10 percent decline in the bitcoin price on Saturday, the altcoin market has sharply plunged once again. XRP and Ethereum, in particular, are now down by 94 percent and 91 percent respectively from record highs.
The underwhelming performance of altcoins have led the valuation of the entire cryptocurrency market to drop by more than $100 billion since early March.
Why does this feel so familiar pic.twitter.com/8mSWsDucA5
— DonAlt (@CryptoDonAlt) March 27, 2020
XRP and Ethereum see gloomy short-term trends
In recent weeks, the price of XRP has declined to levels unseen since mid-2017 despite substantially lower institutional sales of XRP by Ripple.
Throughout the past year, small market cap altcoins have generally followed the near-term price trend of XRP; when the price of XRP slumps, low market cap cryptocurrencies also tend to underperform.
The lackluster momentum of XRP and three consecutive lower highs at a macro level indicate that there is low demand from buyers to lead a strong recovery for XRP in the short-term.
While Ethereum has performed better than XRP since early 2020, it is seeing a similarly stagnant trend, influenced by the inability of bitcoin to break out of key resistance levels.
Prominent cryptocurrency trader DonAlt said earlier this week that the price of Ethereum would have to rebound to at least $150 to see any possibility of a major recovery.
“The USD pair looks even worse. ETH dropped by 90%+ and is now ranging putting in lower highs and lower lows. I like being bullish as much as the next guy but as long as ETHUSD is trading & closing below $150 I see little reason to expect higher prices.”
Currently, the price of Ethereum is hovering at $128, and it would need to see a 20 percent upsurge in the near-term to kickstart an extended rally.
Does the crypto market have any catalyst?
Whether key catalysts exist to trigger a 20 percent increase in prices across the cryptocurrency market remains unclear; especially as the level of fear towards the coronavirus pandemic continues to intensify.
As financial analyst Metronome GK said:
“Assume that markets are crashing and businesses will suffer, there is no way any market will survive this historic Coronavirus affected pandemic crash. Crypto markets will bleed into oblivion and many say it will take years to recover”
Technical analysts generally believe that for the altcoin market to see revived momentum in the upcoming weeks, bitcoin would have to show strength as a result of the global equities market bottoming out.
With second-quarter earnings in the U.S. stock market yet to be released, analysts remain negative about the near-term trend of the stock market as well.
Sure, this seems like another clickbaity title set to lure you in to make you read a short four-hundred-word article but that’s not the case. This article will be different because here we take a look at not only what is going on in the market (bearish, bullish, etc) but also what’s happening with the business end of Ripple.
Ripple has always tried to remain transparent about their token XRP and I mention “their” because it is. There was and is always an uncertain question among every XRP investor about will Mr. Brad dump all the XRP in the escrow and never let the price pump or will Moneygram one day dump all their hoarded XRP (despite them telling us they don’t hoard).
These are questions that have to be seriously addressed and they will be today. We are going to look at all of the questions that Ripple/XRP hodlers are riddled with all throughout their hodling journey. Let’s answer these questions so you know why you are holding on it and not selling.
So the age-old questions of is XRP a scam?
How could it be a scam? Whoever came up with this question? To be a scam, you need to create confusion about the origin of the coin, have escrow like features by the company to support its “goals”, create a monster network of Twitter #XrpArmy who sit in their secret offices in Philippines, India and Bangladesh and will defend, die and serve the purpose of protecting XRP’s reputation as the answer to all your eternal questions, including why Trump got elected and why you can’t possibly pee straight? or about how Dr. T (XRPTrump) was Mr. Brad himself sitting in his pot and flushing XRP down the drain of deepthroaters and hodlers who have no right to question his majesty.
No, all of this is not true. XRP is not a scam, let not people fool you into believing that, even if the above-mentioned statements were true, why do we need to believe rational, truthful statements from people we do not like. Hodling XRP is the correct way to become a millionaire. Like someone said, “I believe in myself”.
Why will it hit $1.6 by 2020?
Here let’s look at technical indicators as to why it will touch $1.6 and beyond by the end of 2020. Ignoring the rubbish chatter, technical indicators are always correct. Attached below is a chart that proves why XRP will hit $1.6.
So don’t let anyone deceive or fool you into selling your XRP, in fact, you should do exactly the opposite of what logical, clever and honest people say. Sell your house, sell your wife to the nearest pimp, sell your kids, sell your kidney, live on the streets and stop eating. You need to buy XRP because… All Hail XRP! and Hail Ripple! Never question anything.
One of the attendees of the Ethereum conferences held in Paris and London turned out to be positive for Coronavirus . This is Zhen Yu Yong , founder of the Torus wallet.
Zen (this is his nickname on Twitter) discovered the positivity of the test from Covid-19 today and published the response on his Twitter profile. The choice was necessary to invite those who were with him to the same events to be particularly careful and possibly take the test.
In the discussion, Zhen Yu Yong also clarified that according to his doctor, “It probably came from France”, or that he probably contracted the Virus in France, while he is less likely to have fallen ill at the Stanford Blockchain Conference or at the Ethereum Denver in mid-February. This is because the virus manifests its symptoms within 2-14 days, which coincides with the events of Paris and London.
Zhen is currently located in Singapore, where he was reached by ambulance to be transported to a center where he was tested safely.
The case of Coronavirus at Ethereum Conferences and postponed events
The Ethereum Community Conference was held in Paris from March 3 to 5, while ETHLondon was held from February 28 to March 1, 2020.
No announcements appeared on the respective official channels inviting the participants to pay attention to their health conditions. Both conferences were held regularly despite the usual influx of people due to the fear of contagion.
In fact, Coronavirus has seriously affected Italy but has spread to all European countries. In France, a thousand infections have already been exceeded and among the positives, there is a Macron government minister, Franck Riester.
In Britain, there are currently around 300 infected. In both countries, the restrictive measures that have been taken in Italy are not in force, where in fact all public and private events are canceled, any type of gathering is prohibited and the inhabitants are confined to their respective municipalities.
However, the Coronavirus emergency has already impacted the world of blockchain conferences. The Blockchain Week Rome that should have been held in the coming days was postponed to July.
In recent days, even Hong Kong Blockchain Week has been canceled and postponed. Even the NiTRON 2020 (the meeting dedicated to Tron) which was to be held in recent days in Seoul has been postponed to a later date.