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The Top Stellar Casinos of 2020

With the rise of popularity within cryptocurrencies, there is no surprise that there is yet another… read more

The post The Top Stellar Casinos of 2020 appeared first on BitcoinChaser.

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stellar casinos

With the rise of popularity within cryptocurrencies, there is no surprise that there is yet another crazy crypto experience making its way to the top of the crypto kingdom. Stellar is an open-source, decentralized protocol for digital currency to fiat money. Allowing international transfers with ease. Carry on reading to find out why Stellar gives your gambling the upper hand you have been looking for. 

What is Stellar and What it is Being Used For

When creating Stellar, people, banks, and transaction systems were all kept in mind, making sure all existing methods and processes are optimized to create a high standard and smooth-running operation. Stellar was created on a peer-to-peer network, which has a lot of experts predicting that Stellar will be the next big banker in the land of crypto. 

Stellar (XLM) operates as a nonprofit organization and has ranked on the top 10 cryptocurrencies for quite some time now. Proving that they will be the cryptocurrency to beat in the near future. 

Stellar is used across many different platforms, from music apps to trading, stellar is an easy to use cryptocurrency. With cheap and unbelievably quick transactions, players will not know what has hit them. Whether you invest in Stellar to trade or to have some gambling fun, there is no doubt that Stellar will provide a high return, in both the financial and entertainment department. 

Here is a list of projects that are incorporating Stellar and the nifty aspects that come along with it. 

  • IBM World Wire: A cheap and easy option for financial institutions to send any currency anywhere in the world using Stellar.
  • Zagg: A Devv studio that specializes in Stellar applications.
  • Vezt: A music rights platform for artists and a fan rewards asset.
  • Block card by Ternio: A debit card to spend crypto-assets.

When you ready to jump onboard the Stellar train, here are two of the best training apps:

  • Binance: Binance is an anonymous trading platform for over 50 currencies. Placing as the top trading platform for a couple of years now, Binance offers a trading experience you cannot find elsewhere. 
  • Changelly: Changelly is a fast and efficient crypto exchange and trading platform that offers affordable exchange rates. The design is simple and allows traders to use their time efficiently.

A Brief History of Stellar

Stellar(XLM) was started in 2014  by the co-founder of Ripple,  Jed McCaleb. In 2019 the demand for Stellar increased dramatically and is seen as a pivotal era in the crypto world. Stellar became known as Lumens or XLM. In late 2014, Mercado Bitcoin, the first Brazilian bitcoin, announced it would be utilizing the Stellar network.

In 2015 Stellar announced that they would be incorporating Vumi, an open-sourced messaging system. On top of this, Stellar partnered with cloud-based banking software to integrate stellar into its banking platform as well as the integration of Stellar at the Deloitte Digital Bank, creating a cross-border payment application. By the beginning of 2015, Stellar had approximately 3 million registered user accounts on its platform, which is a great response for the first year. 

At the end of 2016, Stellar grew dramatically, announcing a mobile payments startup in the Philippines, ICICI Bank in India, African mobile payments firm Flutterwave, and French remittances company Tempo Money Transfer.

stellar cryptocurrency website
Stellar website

What Are The Advantages Of With Gambling With Stellar?

Crypto is like the superhero of finance and gambling, with the ability to stay anonymous when on the web. Stellar protects your privacy and personal data while ensuring that all legalities are met. Another advantage of gambling with stellar is the 3 – 5 second transaction time, which means players get to instantly enjoy their gains. 

Stellar has also done a fantastic job of making any transaction seamless, no matter your location. Gambling with Stellar is an all-round smooth experience, allowing quick and easy transfers with no location restrictions. 

The Top Stellar Casinos of 2020

Online casinos provide a platform for players to let loose and have fun. Some casinos take fun and games to a new level. We have a list of casinos that have stepped up to the plate and accept the revolutionary crypto, Stellar.

FortuneJack

fortunejack stellar casino

With years of experience, FortuneJack knows what makes players tick. Nothing is more appealing to a gambler than low deposit and withdrawal fees, quick transactions and guaranteed safety. Let FortuneJack Casino lead the way in your Stellar gambling adventure, resulting in big wins and enticing adventures.

Adding crypto to the mix is thrilling, but adding Stellar to the mix is both thrilling and highly rewarding. FortuneJack Casino wants to help you gain some wins, so sign up now and gamble with Stellar to experience massive returns.

Play at FortuneJack

FortuneJack Review

BoVegas Casino

bovegas stellar casino

BoVegas Casino is an experience that is loaded with an extensive array of games and lucrative bonuses. Launched in 2017, BoVegas has expanded in both size and value. To stay relevant, BoVegas focuses on all the upcoming trends. One of those trends is Stellar, which was added to the mix to allow gamblers to take their money further. 

BoVegas is a casino that grants players access to all the most exclusive gambling experiences. Give your gambling the edge you have been looking for by joining the BoVegas team and setting bets with the game-changing cryptocurrency Stellar (XLM).

Play at BoVegas

BoVegas Review

1xBit Casino

1xbit stellar casino

1xBit Casino is an online gambler’s paradise. Packed with entertainment and cutting edge gambling technology, 1xbit provides an experience that all players will enjoy. From the design to the selection of games, gamblers are in for a treat. 

1xBit caters to Stellar gamblers making this online casino that much more exciting. Dive into a game of slots and take your money further with Stellar. The more you play then more your gain.

Play at 1xBit

1xBit Review

Conclusion

With the demand for cryptocurrency on the rise, gamblers are constantly getting introduced to bigger and better advantages. Since bringing Stellar into gambling, there is no need to look any further. With already some great casinos jumping on board, Stellar gamblers can look forward to a rewarding future. Winning features such as it’s lightning-fast transactions, make Stellar (XLM) one of the shining stars in the ever-growing list of cryptocurrencies. 

Source: https://bitcoinchaser.com/stellar-casinos/

Blockchain

What Coinbase Going Public Could Do For Crypto

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Messari Values Coinbase At Nearly $30 Billion As The Bitcoin Exchange Prepares To Officially Go Public

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Coinbase, the biggest US-based cryptocurrency exchange has disclosed its detailed plan for the upcoming direct listing on the stock market by Nasqad. Coinbase submitted an S-1 report to the US SEC outlining key information such as revenue and ownership structure for investors to carry out due diligence on the company.

According to the document, Coinbase has 43 million verified users and an average of 2.8 million transactions per month. In 2020, the company returned a net income of $322 million from total revenue of $3.4 billion, with transaction fees constituting 96% of the net revenue.

Coinbase which makes most of its profit from bitcoin and Ethereum transactions, also saw a 56% increment on its $1.1 billion direct revenue for 2020 compared to $482 million in 2019.

The company incurred a total of $880 million in expenses for 2020, most of which went to sales, general administrative expenses, and research and development. Transaction reversal costs miners fees, staking fees, and verification expenses constituted $135 million of the total expenses,

Coinbase also made $533 million in 2019, against $579 million in operational and development costs, leading to losses totaling $46 million.

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Coinbase to Usher Crypto’s Real Mainstream Adoption

The report indicates that much of the revenue for 2020 was generated from institutional investors’ activity in the crypto market but with higher retail activity in Q4 2020 than in previous quarters.

Coinbase’s debut as the first publicly listed crypto-exchange in the US is estimated to be one of 2021’s largest new listings of the tech industry. This will have a huge positive impact on the crypto market investors and blockchain technology backers.

According to the crypto trader and analyst Rekt Capital, the public listing will officially open up cryptocurrencies to the public.

“Coinbase going public is another way of saying crypto is going public.”

Coinbase Becomes Decentralized

The update comes a month after Coinbase chose Nasdaq as its direct listing avenue on February 1, following a secondary Coinbase stock launch by Nasdaq Private Market on January 25.

Now that Coinbase has moved to a remote-first environment without headquarters in any city, the company is referring to itself as a decentralized company. Up to 95% of Coinbase employees have the option to work at home, in a post-office world setting, or a mix of both.

“since we’ve made the decision to go remote-first we’ve decentralized ourselves; even after people can safely return to offices, the executive team has no plans to be “in-office” on a regular basis,  and none of them currently live in San Francisco.”


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DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/what-coinbase-going-public-could-do-for-crypto/

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Blockchain

3 types of bitcoin investors that ‘should be concerning to central banks’

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With 106 million global crypto users as of January 2021 and a crypto population that has now surpassed 100 million, a financial expert noted that central banks must now be wary of certain crypto investors. In a new seminar held by the University of Pennsylvania’s Wharton School, part-time professor, Mohamed El-Erian, who is also Chief Economic Adviser at Allianz said that Central Banks should be careful about three specific groups of Bitcoin investors. 

He explained that while the first group of people is investing for positive reasons, the second is motivated by negative factors to adopt Bitcoin. The positive investors “truly believe Bitcoins will become money ”or “a currency as opposed to a commodity.” 

However, El-Erian cautioned that central bank authorities must keep watch on those “being pushed out of everything else and pushed into Bitcoin”, forming the second group that the expert earlier mentioned. 

They look to Bitcoin in order to protect themselves from government investment options, which some investors believe has been “artificially jacked up.” Interestingly, a recent survey found that people aged over 55 opted for Bitcoin due to a fear of currency devaluation – as central banks have historically printed more money to boost economies. The expert said that such people are forced to invest in the asset because “they don’t know how else to mitigate risk.” 

Do you really want to invest in a government bond whose price has been? So ‘let’s diversify, let’s put 2% into Bitcoins.’

El-Erian further categorized “speculators” as the third type of investors, who face profits and losses albeit “in a single day.” According to him, all three types of investors “should be concerning to central banks.”

When it’s trading above $50,000, all three messages are problematic for central banks. So, we are going to see central banks look increasingly at cryptocurrencies as something they should be involved in, and not just stand on the sidelines.


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Source: https://ambcrypto.com/3-types-of-bitcoin-investors-that-should-be-concerning-to-central-banks

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Blockchain

Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high

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Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to get their hands on. 

One project that has been benefiting greatly from the resurgence of NFTs is Enjin Coin (ENJ), which broke out to a new all-time high of $0.67 on Feb. 25 following its listing on the Crypto.com exchange as well as the launch of spot and perpetual futures trading on FTX.

Data from Cointelegraph Markets and TradingView shows that ENJ rose 52% from a low of $0.438 on Feb. 24 to a new high of $0.67 before experiencing a pullback to its current price of $0.611.

ENJ/USDT 4-hour chart. Source: TradingView

A scroll through the project’s Twitter feed details numerous recent partnerships and integrations that have helped fuel Enjin’s price rise.

Minecraft is one of the most notable integrations for the Enjin ecosystem and users are able to earn special NFTs that unlock secret games inside the video game series.

The platform has also benefited from joining forces with the growing ecosystem of the Binance Smart Chain (BSC), which has launched an NFT educational campaign that Enjin will be part of.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ENJ on Feb. 24, several hours before today’s price rise.

The VORTECS™ score, exclusive to Cointelegraph, is an algorithmic comparison of the historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. ENJ price. Source: Cointelegraph Markets Pro

As seen on the chart above, the VORTECS™ score for ENJ reached a high of 70 on Feb. 24, shortly before the price began to spike to a new all-time high on Feb. 25.

The growing popularity of the NFT space, along with numerous big-name partnerships has Enjin well-positioned as the current bull market cycle progresses into 2021.

Its recent integration with the BSC provides a way to escape high fees on the Ethereum (ETH) network and could bring a new wave of activity to the Enjin ecosystem.

Source: https://cointelegraph.com/news/exchange-listings-and-nft-boom-back-enjin-s-enj-52-rally-to-a-new-high

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