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The Best Online Casinos for 2020

The Best Online Casinos for 2020-blockchain24.coAmong various crypto implementations, online gambling is a very popular one. Which crypto casinos are worth following in 2020? The world of cryptocurrencies may come together well with the gambling industry, and online casinos are one of the most popular blockchain implementations. We know about many gambling enthusiasts among our readers since you are frequently …

Artykuł The Best Online Casinos for 2020 pochodzi z serwisu Blockchain24.co | portal with cryptocurrency bitcoin & blockchain news.

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Among various crypto implementations, online gambling is a very popular one. Which crypto casinos are worth following in 2020?

The world of cryptocurrencies may come together well with the gambling industry, and online casinos are one of the most popular blockchain implementations. We know about many gambling enthusiasts among our readers since you are frequently asking us for updates on that field. That’s why we are doing our best to keep an eye on this industry. 

In crypto we trust!

Last year only confirmed our belief that cryptocurrencies and online gambling come together very well. Decentralized assets seem to be a perfect match for online casinos. Thanks to the utilization of blockchain technology, gambling websites supporting crypto payments are more reliable and convenient for users. 

With the growing popularity of cryptocurrencies, the usage of such assets in casinos have become more common than ever in the history of online gambling. Every year, more and more gambling websites decide to open up to decentralized assets. That’s why we have prepared a short summary of the most interesting online casinos where you can gamble with bitcoin (and other cryptocurrencies as well) in 2020.

BitStarz – Quick games, quick rewards

This casino began as a project of a small team of casino enthusiasts. Not pleased with the traditional/conservative gambling industry, they decided to create their own website based on first-hand experience. That’s why this particular casino is the best choice for everyone looking for a place dedicated to blockchain gaming. The large variety of available games ensures that every gambler will find something interesting. But probably the most notable in BitStarz are quick payouts. It makes this casino a perfect place for people looking for fast and intense gambling activities.

Founding: 2014

License: Curacao

Available cryptocurrencies: Bitcoin

Affiliate program: Available (up to 40% revenue share)
Bonuses: Welcome Package, Comp Points (loyalty points for playing in the casino), seven various promotion programs.

CryptoGamble – A complex casino experience

If you are looking for an ultimate gambling experience, this casino should suit you well. CryptoGamble offers a wide range of games, well known for every casino lover. The large selection of various activities is the main advantage of this website. From traditional poker, through casino roulette, to plenty of distinguishing slot games, and lotteries – if there is any gambling game you want to play, you may be sure that you will find it here. Most of them are also available in live versions, so if you prefer to feel like in traditional places, CryptoGamble is the right choice.

Founding: 2019

License: Curacao

Available cryptocurrencies: Bitcoin, Ethereum

Affiliate program: Available (up to 50% revenue share)

Bonuses: Welcome Bonus (110% on first deposit), „5 Euro No Deposit Bonus” (bonus of 0.7 mBTC after an account verification).

MintDice – Something unusual

This particular position shines with a very interesting design, clearly distinguishing itself from other online casinos. MintDice went entirely into the blockchain aesthetic, providing its users with games associated with the cryptocurrencies both in visual and gameplay aspects. Although the casino is still entirely new, its style makes it an exciting choice for everyone dreaming of a new experience. The website is still under development, but it is definitely promising and worth keeping an eye on it in 2020.

Founding: 2017

License: Curacao

Available cryptocurrencies: Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Ripple, Dogecoin, Monero, Dash, PIVX, Blocknet, NEO, Decred, LUX and ZCoin.

Affiliate program: Available (10% returns on all cryptocurrency casino revenue generated by refferlas)

Bonuses: No

Lucky Games – Plenty of coins

Although MintDice provides the design, which is the closest one to an ideal blockchain experience, the amount of supported cryptocurrencies is rather limited there. Lucky Games lays on a completely opposite side, offering more than 90 different cryptocurrencies! This number is really impressive and makes Lucky Games a perfect choice for more sophisticated crypto enthusiasts who are looking for a place to spend their various coins. The only problem may lay with the visual aspects, which, unlike MintDice, are quite complicated here.

Founding: 2016

License: Curacao

Available cryptocurrencies: more than 90, including: Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Ripple, Dogecoin, Cardano, Chainlink, Monero, Dash, PIVX, NEO, Decred, LUX, EOS, ZCoin.

Affiliate program: Available (€20 bonus)

Bonuses: First Deposit (up to €250), Registration (up to €10), Birthday Bonus (up to €100)

FortuneJack – Undisputed leader

Most enthusiasts of online casinos are probably familiar with FortuneJack. This casino was launched in 2014, and since then, has frequently been pointed out to be the best online casino with the cryptocurrency support. In last year’s crypto casinos ranking on BlockChain24.co, this gambling website got the first place, thanks to reliable and a well-established position on the market. In 2020, FortuneJack still holds the position of the leader, providing secure solutions for its users. If you are looking for a stable gameplay rather than surprising features, this casino will suit you very well.

Founding: 2014

License: Curacao

Available cryptocurrencies: Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Dogecoin, Monero, Dash, ZCoin, Tron.

Affiliate program: Available (up to 60% commissions)

Bonuses: 25 free spins after verification

Why play with crypto?

All casinos mentioned above have one thing in common – they are supporting cryptocurrency payments. This feature alone makes the gaming more reliable than any other online casino which doesn’t accept decentralized assets. Why? Because cryptocurrencies stand for both better security and performance of the offered services. 

Blockchain technology provides faster transactions, which ensures that payouts from your gambling successes will quickly go to your (virtual) wallet. The decentralized character of cryptocurrencies is also an additional guarantee for you, due to the much higher level of security that such assets provide.

If you are an online casino enthusiast, who is not familiar with the idea of crypto gambling, you should definitely check those websites to find out how blockchain will change your experience. And if your adventure with online gambling is about to begin, the cryptocurrency casinos are an excellent way to start your journey.

Source: https://www.blockchain24.co/the-best-online-casinos-for-2020/

Blockchain

Opimas estimates that over US$190 billion worth of Bitcoin is currently at risk due to subpar safekeeping

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May 2021. Safekeeping of cryptocurrencies presents a challenge for institutions holding cryptocurrencies on their clients’ behalf. Cryptocurrency transactions are irreversible and anyone with full access to a wallet’s private key controls the cryptocurrencies that reside within it. Frighteningly, a number of institutional participants and even some large cryptocurrency exchanges rely on subpar custody approaches, leading Opimas to estimate that over US$190 billion worth of Bitcoin is currently at risk due to subpar safekeeping.

Luckily, a number of companies have emerged to address this problem. A new research report from Opimas—Crypto Custody: No More Excuses, authored by analysts Suzannah Balluffi and Anne-Laure Foubert—looks at the landscape of cryptocurrency custody-enabling technology providers and institutional-grade cryptocurrency custodians as well as the size of the market for cryptocurrency custody and brokerage services.

Some key findings in the report include:

Many of even the largest holders of Bitcoin and other digital assets continue to rely on storage devices meant for individual investors. Although some of these self-custody devices and wallets are secure and reputable, the operational risk posed by this approach is significant for institutional investors. Furthermore, a chunk of institutionals’ cryptocurrency holdings sit in hot wallets on exchanges. In total, about 22% of institutional cryptocurrency holdings are safeguarded in these relatively risky manners (Figure 1).

Figure 1. CUSTODY METHODS UTILIZED BY INSTITUTIONAL INVESTORS 

 

Source: Opimas analysis.

There are no more excuses for lackadaisical safekeeping – institutions can now choose from several reputable cryptocurrency custody-enabling technology providers and institutional-grade cryptocurrency custodians. Yet no custody solution is equal – there is still no best practice when it comes to security and governance relating to private keys. For example, some providers may rely on time-tested Hardware Security Modules (HSMs), while others use a newer technology known as Multi-Party Computation (MPC) – see Figure 2.

Figure 2. A COMPARISON OF HSM AND MPC TECHNOLOGY PROVIDERS

Source: Ledger, Fireblocks, Opimas analysis.

Some cryptocurrency custodians have followed in the footsteps of traditional capital markets by adding prime brokerage services to their offerings, including trading and settlement, lending, margin finance, staking, reporting, and capital introduction services. Opimas estimates that the current annual revenues generated by the institutional crypto brokerage and custody market are roughly US$2 billion and will grow to nearly US$8 billion by 2026 – a sizeable portion of this coming from brokerage services (Figure 3).

FIGURE 3. THE MARKET FOR CRYPTO CUSTODY & PRIME BROKERAGE SERVICES IS GROWING 

Source:  Opimas analysis. 

  • Regulations surrounding institutions’ ability to store cryptocurrency have become clearer (and in some cases more favorable) in numerous jurisdictions. Notably, the Office of the Comptroller of the Currency (OCC) ruling in the US has allowed banks to store cryptocurrencies for their customers. This regulatory clarity has led a number of financial institutions around the world to provide trading and custody for digital assets. With the advances in brokerage and custody solutions, Opimas expects institutional cryptocurrency holdings to grow from 20% of the cryptocurrency market cap to over 50% by 2026 (Figure 4).

FIGURE 4. INstitutional cryptocurrency holdings over time 

Source:  Opimas analysis.

Source: PlatoData Intelligence

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Bitcoin (BTC) Price Prediction: BTC/USD Faces Rejection Thrice at the $60,000 Resistance Zone, Resumes Downward Correction

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Bitcoin (BTC) Price Prediction – May 9, 2021
Bitcoin bulls have broken above the $58,000 resistance but the bullish momentum could not be sustained. Today, BTC/USD traded as price reached the high of $59,450. The king coin is likely to retrace to $57,000 low if the bulls fail to break the $60,000 psychological price level.

Resistance Levels: $65,000, $70,000, $75,000
Support Levels: $50,000, $45,000, $40,000

BTC/USD – Daily Chart

Bitcoin price was rejected thrice at the $60,000 resistance level. Buyers made frantic efforts to sustain the bullish momentum above the recent high but were repelled by overwhelming selling pressure. Consequently, Bitcoin has resumed a downward move as a result of a strong rejection at the resistance of $59,200. The current retracement will extend to the low of $57,000. Nevertheless, if price breaks below the $57,000 support, the market will continue the downward move. That is, the selling pressure will extend to the low of $53,000. On the upside, if price retraces and finds support above $58,000, the upside momentum will resume.

Bank of England Governor Warns on Crypto Investment
Andrew Bailey is the governor of the Bank of England who has warned crypto investors of the inherent dangers of cryptocurrency investment. The governor argued that cryptocurrencies lacked intrinsic value. According to him, “I would only emphasize what I’ve said quite a few times in recent years, [and] I’m afraid they have no intrinsic value. I’m sorry; I’m going to say this very bluntly again: Buy them only if you’re prepared to lose all your money.” Bailey’s comments are coming at a time when crypto markets are characterized by a huge spike in crypto prices. Major altcoins such as Polkadot, Chainlink, and XRP have also seen vertical price actions.

BTC/USD – 4 Hour Chart

Bitcoin risks another downward correction as the king coin faces stiff rejection at the $59,450 resistance. The Fibonacci tool has already indicated a marginal upward move of Bitcoin and a possible reversal. On May 1 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Bitcoin will rise to level 1. 272 Fibonacci extension or the high of $59,819.90. From the price action, BTC price has reached a high of $59,450 and has commenced a downward move.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://insidebitcoins.com/news/bitcoin-btc-price-prediction-btc-usd-faces-rejection-thrice-at-the-60000-resistance-zone-resumes-downward-correction

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Dogecoin dumps following mention from Elon Musk on Saturday Night Live

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Meme cryptocurrency Dogecoin finally got its long-awaited shoutout on Saturday Night Live — but despite hodler hopes, the immediate result has been a violent dump.

First teased by entrepreneur and DOGE cheerleader Elon Musk in late April, the Tesla CEO finally mentioned the digital asset on live television tonight in his opening monologue of the sketch comedy show. The reference was a throwaway line from Musk’s mother, who joined him onstage and asked if her Mother’s Day gift would be Dogecoin; Musk replied that it would be. 

In the minutes afterwards, $DOGE dumped upwards of 25%, falling as low as $.50 from $.66 highs at the start of the show. It has since partially recovered, trading at $.52 at the time of publication.

An hour before the episode began, the price of DOGE sat at $.66, down from an all-time high of $.72. A pair of bearish headwinds may have shared responsibility for the pullback: Musk himself seemed to try and get ahead of the hype, urging followers in a Tweet to “invest with caution,” and a host of new data indicates that many investors may be rolling their DOGE profits into other, largecap digital assets

Additionally, Barry Silbert — the founder and CEO of Digital Currency Group, the parent company of crypto investment vehicle company Grayscale — announced a public short on DOGE via the FTX exchange. In a series of follow-up Tweets, he revealed that the position was $1 million in size, and that any proceeds or remaining funds after closing the short would be donated to charity. 

(It’s unclear if Silbert was is using “we” in reference to Digital Currency Group, one of its portfolio companies, or is simply and bizarrely using a plural pronoun in reference to himself). 

Many DOGE investors were nonetheless holding out hope for a high-profile shoutout on what looked to be a major pop culture event. NBC, the studio behind SNL, chose for the first time ever to live-stream the episode on Youtube, per the Wall Street Journal.

Even a mention could have significant impact on the price of DOGE as well: the meme currency has proven to be susceptible to price movements based on positive social media volume, and multiple studies have shown that Tweets from Musk often lead to price appreciation. A mention on an even bigger platform was thought to potentially lead to even greater gains. 

Leading into the premier of the episode, Alameda Research trader Sam Trabucco (who said in a previous Tweet that he was “studying the typical SNL episode structure to try and understand when a DOGE mention would be the most natural”) speculated that if a joke or mention didn’t come in Musk’s opening monologue, it would be “all over.”

Despite arriving during the monologue, traders nonetheless responded negatively. It remains to be seen if a DOGE-centric skit later in the show can perhaps turn the speculative asset’s fortunes around.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/dogecoin-dumps-following-mention-from-elon-musk-on-saturday-night-live

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