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Promoted post – Part of our Bitcoin Gambling series
A cryptocurrency casino called 1xBit has been running for a few years now, providing a wide range of casino, live casino and sportsbook betting options. This Look At gives a rundown of how the casino works as a player, as we were looking to place a couple of bets on Ireland during the Six Nations.
With their own custom built platform, the casino contains a huge sportsbook including a pretty extensive (sometimes overwhelming) range of slot games, and a solid selection of live casino games.
I started off by registering an account. Registration is a one click affair, you register and are assigned a username and password. This means you can bet anonymously should you want to, although there is also the option to assign an email address, phone number etc for account recovery purposes. The site also has mobile apps, however the apps aren’t available from the iTunes or Google Play store, instead an app you need to manually install and enable through settings, or a downloadable APK, which may be a concern for some users who don’t want to install an app from outside of app stores. But they also feature a dedicated mobile site which works pretty well (I tested on iPhone).
The site is a crypto only casino, and supports most of the main cryptocurrencies, as well as a selection of tokens. The full list is: Bitcoin (BTC) ; Dogecoin (DOGE); Gamecredits (GAME); XEM/NEM; Litecoin (LTC); Dash (DASH); Ethereum (ETH); Ethereum Classic (ETC); Monero (XMR); Bytecoin (BCN); Sibcoin (SIB); Zcash (ZEC); DigiByte (DGB); BitcoinCash (BCH); BitShares (BTS).
1xBit’s 1st Deposit bonus works a little bit differently to most other crypto betting sites. The system works on a bonus points system, where as you bet you get bonus points, and as you bet 40 times what you deposit it’ll max out. This is up to 1 bitcoin, and must be done within the first 30 days as well as being subject to some other terms and conditions. As you accumulate points, you can then redeem them in the promo code shop, which lets you buy crypto which you can withdraw, or alternatively get a wide variety of bets you can place, as well as some games on certain slots. In addition to this, there’s a cashback system which works as you bet, letting you claim back between 5% – 11% of the value of your losing bets depending on your level, when your account balance is below 0.2mbtc.
So once I had deposited (and the minimum deposit is 0.0005 bitcoin), I was able to place sports bets straight away, although for live casino and slots I had to wait until the deposit had confirmed before I could play. Bets were priced in mBTC across the board. I started off browsing the range of slot games. There’s no other way to say it but, there is an extensive, to the extent of being sort of overwhelming, number of slots providers, which you can choose from. At this time of this article, this contained a whopping 80 providers: Pariplay, Endorphina, Iron Dog Studio, Play’nGO, Evoplay, Pragmatic Play, BetSoft, EGT, Playson, Wazdan, Genii, iSoftbet, Mr Slotty, ELK, Red Rake, Habanero, Spinomenal, Booongo, Booming Games, TopTrend, SAGaming, Join Games, Xplosive, Multislot, Gii365, BBIN, BetiXon, APOLLO GAMES, Fugaso, Rival, Spade Gaming, Omi Gaming, Zeus, Evolution Slots, Push Gaming, Relax Gaming, Synot Games, BeeFee Games, GMW, Agames, Firebird, Triple PG, Slingo Originals, Mikado Games, MGA, Gamomat, Aspect Games, Nektan, Worldmatch, Thunderkick, Fazi, August Gaming, Fantasma Games, Rakki Games, Leander games, Blueprint, Games Co, DLV, Kalamba Games, DreamTech, Revolver, Aiwin Games, PG Soft, KA Gaming, Play Pearls, Oryx, WeAreCasino, 1x2gaming, Gamevy, Spinmatic, Slotmotion, Betsense, BGaming, Concept Gaming, Ganapati, Belatra, Realistic Games, Spigo, Superlotto & twentyone.
Some of them were flash based, others html5 based, and I found them to be quick loading with decent audio and sound for the half a dozen ones I tried out. Many of the slots also have a freeplay option so you can test them out before spending real money on them. There’s a pretty good search option for keywords, as well as being able to narrow down by an individual provider. You can favourite games you like to play again, and there is a handy recently played so you can keep track of which ones you’ve tried. There’s also a good selection of video poker, roulette, blackjack and baccarat games to choose from as well. One thing I noticed is that some of the games ask you to convert your balance into USD though, and I wasn’t sure if this was a back-end thing, considering the site doesn’t accept fiat.
After playing around with the slot games for a while, I turned my attention towards the live casino. There are nine different providers, and each has different ranges of games. Included in one of this was an 18+ one, which has pictures of topless women on either side of the screen, but the dealers themselves are in lingerie. While it might be titillating for some, the background music was pretty loud, and you could barely make out what they were saying to you, and out of all the tables I sat at, they were some of the quietest tables with only a few players.
There’s all the games you’d expect, blackjack, baccarat, some have poker, and then some have spin the wheel type games. It is a little hard though to search across the different providers, ie to see all the ones which are using blackjack, so having to jump between providers made the experience a little disjointed, but once you were in it was fine to move between tables.
So after looking at the live casino, I turned my hand towards the main reason I’d come to the site, to look at the sports betting options. Ireland’s playing in the Rugby Six Nations at the time of writing, so I wanted to place a couple of bets on some of the matches.
The sportsbook features an extensive range of options, which cover all the major sports, including a number of minority sports, but then also bets on entertainment shows and even the weather! The full list of supported options are as follows: Air race, Alpine Skiing, American Football, Australian Rules, Badminton, Bandy, Baseball, Beach Volleyball, Biathlon, Bicycle Racing, Boxing, Chess, Cricket, Darts, Field Hockey, Floorball, Futsal, Gaelic Football, Golf, Greyhound AntePost, Greyhound Racing, Handball, Horse Racing, Horse Racing AntePost, Hurling, Inline Hockey, Lottery, Martial Arts, Motorsport, Netball, Olympiad, Poker, Rugby, Ski Jumping, Skiing, Snooker, Speed Skating, Squash, Streetball, Swimming, TV-Games, Trotting, Trotting AntePost, UFC, Water Polo, Weather, Football, Tennis, Basketball, Ice Hockey, Volleyball, Handball, Badminton, Baseball, Snooker, Futsal, Water Polo, Rugby, Australian Rules, Chess, Boxing, American Football, Athletics, Bandy, Bicycle Racing, Billiards, Bowls, Cricket, Crossfit, Darts, Figure Skating, Floorball, Formula 1, Gaelic Football, Golf, Hurling, Motorbikes, Motorsport, Netball, Olympiad, Short Track Speed Skating, Ski Jumping, Speedway, Squash, Surfing & UFC .
Being Irish, it was interesting to see Gaelic Games and Hurling there, and while I didn’t bet on them, they had some college games, as well as club and inter-county options available. On the Six Nations, it was easy to filter the game you wanted with icons, and then see all the events within the sport going on, and then the games to bet on. There was also a pretty good search, but I did run into a couple of times where the menu began to act up a little bit, and again it can be a little overwhelming with the choices for some of the more popular sports. There is an option within user settings though that lets you disable viewing some sports which makes it a little more manageable.
I was hoping to try out an accumulator bet, betting on the results of the three Six Nations matches happening at the weekend (which I lost and got completely wrong ;p results ). This was easy to build out, as you place a bet in your betslip, it adds up to the accumulator. The site defaults to decimal format, but in the settings there’s an option to switch to the UK format which gives odds in the format I’m used to, ie 15/1. I did notice the odds seemed a little bit lower than other (non crypto) sites I compared to at the time for reference.
I monitored the results as they came in, and it was pretty quick to settle the bets after the events I bet on. Given I was taking a rugby theme, I noticed there was an option to bet on your national team. It picked up a couple of sports and events that Ireland was playing with, and interestingly also some Politics and TV shows. Peter Stringer was in Dancing with the Stars, and you could bet on him to get knocked out, along with the rest of the dancers!
There’s also a very large range of esports matches you can bet on, and watch the events happening via live streaming. I had a look at a couple of matches of CS: Go, as well as League of Legends. There was also plenty of others, Starcraft, Call of Duty, Mortal Kombat, Overwatch, Dota, Rocket League, basically all the competitive esports were there.
I also tested support twice to ask some questions about the interface. The first time, I waited a very long time for a response, but the second time I was answered within a minute which was good to see. At the end of the session, I send in a request to withdraw my funds, and this was processed pretty quickly and received into my Trezor shortly thereafter.
So overall, the site is pretty comprehensive in the range of cryptos it supports, and sports and betting options it has. A criticism might be that it has too many options, with the interface being pretty busy in some sections, although once you get the hang of how to navigate the site it’s ok.
I also did some general research on the site, and there were a couple of things that did pop up. Some of the issues I found when Googling seemed unfounded to me, and there have been some reports of people betting larger amounts having issues around withdrawals and KYC, although I didn’t have any KYC to do, nor did I have any issues getting crypto onto or off the platform. The site doesn’t seem to be a regulated one, there was a reference to a Curacao license which has expired, although while the site may have been fiat accepting in the past, at the time of my playtest it was 100% crypto so it’s not unusual for crypto only sites to operate in this grey area.
So overall, I had a pretty good experience with the site, the slots and table games I tried were what I hoped, the live casino was a good quality, and it let me do my sports bets, although I just got everything completely wrong so lost them all! So if you are looking for a crypto casino and sportsbook, 1xBit is an option for you and you can also get 50 free spins on your first deposit when signing up via our link.
EGLD Technical Analysis: Breakout of Price Beyond $240.83 Seen, Bullish Day Ahead
Rate this post Elrond is described as a part of the technology ecosystem for the new internet, including, fintech, decentralized finance, and even the Internet of Things. Elrond platform is capable of performing 15,000 transactions per second, with a latency of six seconds. Let us look at the technical analysis of EGLD. Past Performance On September 16, 2021, EGLD started trading at $241.89. As of September 22, 2021, the closing price of EGLD was $230.51. Thus, in the past week, the EGLD price has decreased by roughly 4.90%. And, in the last 24 hours, EGLD has traded between $202.34-$241.99. https://www.tradingview.com/x/iqVxlFYS/ EGLD Technical Analysis The EGLD price is in a regression trend, which is trading in an upward direction. The price takes support from the support line of the trend and bounces back to the mid-range level. Currently, the price is trading near the mid-range and its long-term resistance level. As per the Elrond market behavior, we can expect it to give a breakout from this range. Let us see what the indicators are indicating: Currently, EGLD is trading at $240.83. The price has increased from the opening price. Thus, we can witness some bullish momentum in the EGLD token. However, on the chart, we can see that the price is trading in an upward direction. A breakout can be on the horizon. On the daily chart, the MACD and Signal lines are in the positive zone. Moreover, by forming a bearish crossover by the MACD line over the Signal line. Thus, the overall market momentum is bearish, and we can expect the EGLD price to fall. However, both the lines are close to the zero lines and may change signs soon. Thus, there may be a trend reversal on the horizon. The RSI indicator is at 57%. It is currently resisting itself to move upward. Thus, the buying pressure can be seen mounting slowly. Hence, we can expect the price to rise again after a few hours. Day-Ahead and Tomorrow The EGLD price has fallen below the Fibonacci pivot point of $250. As some of the oscillators have shown bullish signals, we can expect the price to rise above the Fibonacci pivot level of $249.35 soon. A breakout from this level will highlight the next resistance at $273. The price has tested and fallen below the 23.6% FIB retracement level of $249.37. If the price falls below the 23.6% FIB extension level after some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well. Furthermore, the price can retest the support level at $202.87.
Elrond is described as a part of the technology ecosystem for the new internet, including, fintech, decentralized finance, and even the Internet of Things. Elrond platform is capable of performing 15,000 transactions per second, with a latency of six seconds. Let us look at the technical analysis of EGLD.
On September 16, 2021, EGLD started trading at $241.89. As of September 22, 2021, the closing price of EGLD was $230.51. Thus, in the past week, the EGLD price has decreased by roughly 4.90%. And, in the last 24 hours, EGLD has traded between $202.34-$241.99.
EGLD Technical Analysis
The EGLD price is in a regression trend, which is trading in an upward direction. The price takes support from the support line of the trend and bounces back to the mid-range level. Currently, the price is trading near the mid-range and its long-term resistance level. As per the Elrond market behavior, we can expect it to give a breakout from this range. Let us see what the indicators are indicating:
Currently, EGLD is trading at $240.83. The price has increased from the opening price. Thus, we can witness some bullish momentum in the EGLD token. However, on the chart, we can see that the price is trading in an upward direction. A breakout can be on the horizon.
On the daily chart, the MACD and Signal lines are in the positive zone. Moreover, by forming a bearish crossover by the MACD line over the Signal line. Thus, the overall market momentum is bearish, and we can expect the EGLD price to fall.
However, both the lines are close to the zero lines and may change signs soon. Thus, there may be a trend reversal on the horizon.
The RSI indicator is at 57%. It is currently resisting itself to move upward. Thus, the buying pressure can be seen mounting slowly. Hence, we can expect the price to rise again after a few hours.
Day-Ahead and Tomorrow
The EGLD price has fallen below the Fibonacci pivot point of $250. As some of the oscillators have shown bullish signals, we can expect the price to rise above the Fibonacci pivot level of $249.35 soon. A breakout from this level will highlight the next resistance at $273.
The price has tested and fallen below the 23.6% FIB retracement level of $249.37. If the price falls below the 23.6% FIB extension level after some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well. Furthermore, the price can retest the support level at $202.87.
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Bitcoin.org Hacked, Showing Sign of “Double Return Bitcoin” in Gift Scam
Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin’s giveaway activities. (Read More)
Bitcoin.org, a peer-to-peer (P2P) and open-source platform focused on bitcoin development was hacked this Thursday morning by showing bitcoin’s giveaway activities.
Starting at about 05:44 UTC on Thursday, a sign of “This website cannot be accessed” displayed on the Bitcoin.org website.
After that, an aside window popped up on the Bitcoin.org homepage, asking users to deliver Bitcoins to a dedicated address with an attached QR code and address, and claimed that it would be returned in double in the future.
The news stated that the campaign was targeted at the bitcoin foundation to give back to the user community that it has always supported and was limited to the first 10,000 users.
Bitcoin.org is not affiliated with the Bitcoin Foundation, but the site often appears when users search for bitcoin on search engines.
At present, the direct URL of the website cannot be accessed, and other subpages cannot operate normally.
The user is promised a doubled false promise through false gift fraud after transferring encrypted assets to this wallet address, causing the user to lose the transferred bitcoin.
According to the data on the chain, the receiving address has received 0.4 BTC in the past few hours, with a total value of more than $17,700.
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Bitcoin, Ether, or XRP – The crypto of choice for terror funding is…
It has been a tense time for Coinbase. The crypto-exchange recently felt the regulatory squeeze when the United States SEC reportedly threatened to sue if Coinbase launched its high-interest crypto product – Lend.
These developments, however, haven’t stopped the exchange from highlighting its efforts towards compliance. A recently-released Twitter thread is a case in point.
The crypto-exchange yesterday shared statistics about cryptocurrencies’ link to global terrorism, and what it is doing to combat the threat.
There’s been a lot of speculation about the use of crypto in terrorist funded activities so we had our special investigations team do a deep dive on the topic.
Here’s what they found …https://t.co/gyMTWZIEez
— Coinbase (@coinbase) September 21, 2021
Cryptocurrency’s “links” to terrorism are a major reason behind the FUD among international policymakers and regulators.
And yet, a report by Coinbase’s Special Investigations Team found that “illicit activity” made up less than 1% of all activities in the crypto-space in 2020. This was an observation arrived at after looking at the BTC, ETH, LTC, BCH, and XRP blockchains or ledgers.
About terrorism, the report stated,
“Further breaking down illicit activity, we find that transactions associated with terrorist financing (TF) in 2020 made up less than 0.05% of all illicit volume. As such, terror funding in cryptocurrencies remains extremely low in overall terms.”
It’s worth noting, however, that the report identified the Palestinian militant group Hamas as having raised the most funds among terrorist organizations.
Do terrorists have any preferences?
According to the said report, Hamas has collected more than $750,000 in Bitcoin since 2018. After Hamas, the Saudi-led jihadi activist movement has raised more than $250,000 in Bitcoin and altcoins. In third place, came an Al Qaeda-related exchange service.
Bitcoin was the most prominent crypto in terrorism financing, but the report also identified the growing popularity of altcoins such as XRP and Ether.
Bitcoin’s popularity could be due to its status as the biggest crypto and the coin’s relative stability. Meanwhile, XRP’s use case is similar to the cross-border hawala remittance practice common in Middle Eastern and South Asian cultures.
In order to stop terror funding campaigns, Coinbase claimed it would “blocklist” crypto-addresses related to such institutions, use its analytics, and work with agencies like the FBI.
Put simply, the Palestinian organization aims to destroy Israel. It has two main components – A military force and a social welfare arm.
In 2020, Chainalysis reported how the organization’s Izz ad-Din al-Qassam Brigades (AQB) launched multiple campaigns to raise Bitcoin donations. Their tactics included instructional videos for both basic and experienced tech users, as well as unique payment addresses for every donor.
While crypto-terror funding is a small part of the vast DeFi sector, traders can expect to see more exchanges and companies keeping a watch on organizations classified as terror groups.
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