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Top 5 Bitcoin Casinos USA

Online gambling is taking the gaming industry by storm. According to new research by Report Linker, the online gambling market will reach $95 billion by the end of 2025, with a Compound Annual Growth

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Online gambling is taking the gaming industry by storm. According to new research by Report Linker, the online gambling market will reach $95 billion by the end of 2025, with a Compound Annual Growth Rate of 9.98%.

This is a global trend that has been picking up steam since the mid-90s. Sports betting is projected to experience the highest growth during the forecast period, but traditionally, it’s online casinos that have been the driving force of the market.

The rise of the smartphone strapped a rocket onto the backs of these digital platforms and they haven’t looked back since. However, from 2012, bitcoin gambling has proved to be an equally important part of their success. While traditional casinos allow players to bet with only fiat currency, at online casinos, customers can enjoy the many perks digital currencies provide.

Players can also take advantage of the many promotional offers tied-in with their use at some of the bitcoin casinos that accept them. Below are the five best options for US players and abroad.

Top 5 Bitcoin Casinos

El Royale

While this casino is a fresh entrant to the online bitcoin casino scene, its operator isn’t. Its sister sites include Slot Empire and Aussie play, long-standing favorites among players. Its theme is that it tries to emulate the atmosphere of a 1920s New York Speakeasy Club. The ones with smooth jazz music and rhythmic dancing.

It’s a bitcoin online casino with a large catalog of games and a huge selection of bonuses and promotions. It has perfect mobile compatibility and no withdrawal fees.

BetOnline

The company behind this platform has had a significant presence in the bitcoin gaming sphere since the industry got off the ground. The casino itself is also one of the oldest and most trusted sites on the US market, opening its doors to US customers in 2001.

If the 300 casino games on offer aren’t to your liking, players can also look through a well-made bitcoin sportsbook. Esports betting is also an option as well as betting on horse racing and playing bitcoin poker.

Café Casino

Providing an unrivaled level of service combined with a huge selection of slots, table games, and video poker; Café Casino is a great choice for any player that is looking for exciting promotions and cryptocurrency payment options.

Launched in 2016, it has a reputation for the fastest payouts in the industry and perks like nice welcome bonuses, a referral program, cashback bonuses, and the ability to earn Perk Points by playing.

Slots.Iv

Created with the philosophy of providing an entertaining and dynamic online casino environment, one that strives for continuous improvement, Slots.Iv prides itself on its lightning payouts and outstanding customer service.

Operated by Lynton Limited Casinos, the company behind other great sites like Ignition Casino, Slots.Iv is a premium gaming platform that’s been around since 2013 and boasts a rock-solid reputation.

Bovada

Perhaps one of the most recognizable brands among US players. Bovada is the US-friendly counterpart to Bodog Casino and is the total package.

Bovada provides a full gaming experience with bitcoin sports betting, horse racing, slots, table games, poker, and bingo on offer. Add to that the instant withdrawals, and it’s clear why Bovada is a real winner.

How to Deposit Bitcoins in an Online Casino

  1. Create an account
  2. Go to cashier page
  3. Input your bitcoin wallet address
  4. Enter a deposit amount
  5. Fund your account and begin playing

The process can be explained in five easy steps. Following these, players will be able to fund their casino account with bitcoins and play their games of choice for the opportunity to win big prizes.

Create an Account

Sign up by filling out the registration form and providing your basic information.

Open the Casino Cashier Page

Once registered, select Bitcoin as a preferred payment method. Players must use an accepted bitcoin wallet.

Input Your Bitcoin Wallet Address

Every owner of a bitcoin wallet has a personal wallet address. To make sure that payments go through, he must input that address in his casino account.

Enter a Deposit Sum

After the casino provides the player with the casino’s bitcoin address, the player can make a deposit.

Fund Your Account and Start Playing

After a player’s deposit drops into his casino account, he immediately becomes eligible for promotions and can play the games available for real money.

How to Claim Bitcoin No Deposit Bonus Code

  1. Sign up at one of the recommended online casinos.
  2. Select Bitcoin as a deposit method.
  3. inputs the bonus code.
  4. Bonus will be credited to the account.

A Bitcoin No Deposit Bonus is exactly what the name suggests it is. It’s free bitcoin and it can come in different forms. It could feature Bonus Cash, Free Spins, or VIP Points. However, these bonuses come with long lists of rules and conditions, so it’s best to read them before depositing funds.

Bitcoin No Deposit Bonuses are usually accessed via a bonus code. Each code is unique to that particular bitcoin casino and can only be used once per person. It’s supplied in the promotional offer and the players have to input it into their account to claim it. The process is simple.

Once the No Deposit Bonus is active, a player can use the offer to select one of the many bitcoin slot games in the casino’s library and do some gambling for free.

Withdrawals Using Bitcoin

This is also a quick and easy process. A player visits the casino’s cashier page and selects the withdrawal tab. He enters the amount he wishes to take out of his casino account. There’s a restriction regarding the size of this amount according to the casino’s withdrawal limits.

If the desired sum is within the limit, the player enters his bitcoin wallet address and requests a cashout. The transfer should happen immediately as this is the fastest payment option available today.

Disclaimer: This a paid post, and should not be treated as news/advice.

Source: https://ambcrypto.com/top-5-bitcoin-casinos-usa

Blockchain

Millenials Prefer Bitcoin Over Gold, But it it Still Extremely Unequal, Study Finds

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A recent study revealed that Bitcoin and the rest of the cryptocurrencies no longer have the bad reputation that haunted them in the past. In fact, it seems that as the years go by, the preference towards digital tokens is beginning to overtake historically favored assets such as gold and silver.

SimpleMoneyLife —a site focused on personal finance— published a research compiling information from a lot of notable sources —and providing their own insights and findings too. The results are interesting and show that there is still a lot to work on even though the ecosystem has grown a lot.

The research cited a study by deVere Group revealing that 67% of millennials believe Bitcoin is a superior safe-haven asset to gold. This narrative is increasingly gaining traction in the world of cryptocurrencies and traditional finance.

Cryptopotato recently reported that the CEO of Skybridge Capital named Bitcoin as a store of value comparable to gold, with the Bank of Singapore also making a case for this thesis.

Bitcoion vs Gold

SimpleMoneyLife claims that even as a scarce commodity, gold loses out to bitcoin in terms of rarity:

Unlike gold, we know exactly how much Bitcoin is currently in circulation and how much will be in 2050. Bitcoin is better at being scarce than gold.

The study also assures that the Blockchain technology market cap could exceed $40 Billion by 2025. Analysts say that this type of technology could influence how various industries currently do business and develop their activities. Some of the areas that will benefit the most from blockchain technologies are: Supply Chain Management, Secure Elections, Healthcare, Smart Contracts, Keeping Verified Records, Banking, and the Internet of Things (IoT).

Analysts also highlighted that the United States is starting to take a fresh look at blockchain technologies, adding that the country could begin investing close to $4.2 billion on blockchain solutions soon.

The Crypto Twitter community is also very active. SimpleMoneyLife explained that, on average, cryptocurrency enthusiasts send more than 70,000 tweets about Bitcoin every day. They did not share data on activity around other altcoins with a large social media presence such as Chainlink, Ethereum, XRP, Tron, or the new DeFi coins.

The Study Shows an Extremely Unequal Bitcoin Ecosystem

SimpleMoneyLife also highlighted some findings of the inequality of the Bitcoin ecosystem. As much as algorithmically Bitcoin has no preferences, socially, it does.

First, the Bitcoin ecosystem is male-dominated. The compilation notes that UBS says 85.77% of Males are Engaged in the Bitcoin Community Compared to 14.23% of Females.

Want to rdig deeper into the stereotypes? Bitcoin appears to be 80% dominated by white males. Hispanics and black respondents follow with 66% and 61%,  of the rest respectively.

In terms of mining, China controls 65% of the network’s total power. Simultaneously, the rest is distributed around the world, with the United States far behind in first place with a mere 7.24% of mining power.

And in terms of wealth distribution, Bitcoin is extremely unequal, with just 2% of wallets controlling more than 95% of total Bitcoin wealth and the next 100 wallets dominating 13% of the remaining total.

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Source: https://cryptopotato.com/millenials-prefer-bitcoin-over-gold-study-simplemoneylife/

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Blockchain

TA: Ethereum Trims Gains, Why ETH Could Find Strong Support Near $1,275

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Ethereum started a downside correction after trading to a new all-time high at $1,480 against the US Dollar. ETH price is currently approaching the $1,300 and $1,275 support levels.

  • Ethereum started a fresh downside correction from the $1,480 resistance zone.
  • The price is down around 10%, and it is trading close to the 100 hourly simple moving average.
  • There was a break below a major bullish trend line with support near $1,385 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is likely to find a strong buying interest near the $1,275 and $1,280 support levels.

Ethereum Price is Approaching a Major Support

After a strong increase above $1,400, Ethereum failed to test the $1,500 resistance zone. A new all-time high was formed near $1,480 before the price started a fresh decline.

There was a clear break below the $1,400 and $1,380 support levels. More importantly, there was a break below a major bullish trend line with support near $1,385 on the hourly chart of ETH/USD. The pair broke the $1,350 support level to move into a short-term bearish zone.

A low is formed near $1,292 and ether is currently attempting a fresh increase. It broke the 23.6% Fib retracement level of the recent decline from the $1,478 swing high to $1,292 low.

Ethereum Price

Source: ETHUSD on TradingView.com

On the upside, there is a major resistance forming near the $1,365 level. It is close to the 50% Fib retracement level of the recent decline from the $1,478 swing high to $1,292 low. There is also a connecting bearish trend line forming with resistance near $1,385.

Ether price is approaching a couple of important supports near $1,300 and $1,285. The main support is forming near the $1,275 level, below which there is a risk of a larger decline in the coming sessions.

Dips Supported in ETH?

Ethereum is currently down around 10%, and it is trading close to the 100 hourly simple moving average. To start a fresh increase, it must gain bullish momentum above the $1,365 and $1,385 resistance levels.

A successful close above the trend line resistance and $1,385 could set the pace for a fresh increase. The next major resistance is near the $1,450 and $1,480 levels.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is slowly losing pace in the bearish zone.

Hourly RSIThe RSI for ETH/USD is currently well below the 50 level.

Major Support Level – $1,275

Major Resistance Level – $1,380

Source: https://www.newsbtc.com/analysis/eth/ethereum-eth-could-find-strong-support-near-1275/

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Blockchain

Kraken Daily Market Report for January 25 2021

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Overview


  • Total spot trading volume at $1.6 billion, close to the 30-day average of $1.65 billion.
  • Total futures notional at $612.2 million.
  • The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Chainlink.
  • While most coins were down, strong returns from Keep (+9.0%) and Icon (+7.2%).

January 25, 2021 
 $1603.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$32302. 
↑0.07% 
$653.4M
ETH 
$1320.8 
↓5.2% 
$642.8M
USDT 
$1.0000 
↓0.1% 
$149.4M
DOT 
$17.241 
↓4.2% 
$54.6M
LINK 
$23.501 
↓5.4% 
$38.6M
USDC 
$0.9999 
↑0.0% 
$27.8M
ADA 
$0.3436 
↓3.0% 
$21.2M
LTC 
$137.24 
↓2.7% 
$17.4M
XRP 
$0.2678 
↓2.1% 
$14.4M
UNI 
$11.352 
↓5.6% 
$10.4M
BCH 
$433.22 
↓1.5% 
$9.21M
AAVE 
$249.26 
↓6.7% 
$8.07M
XTZ 
$2.9227 
↓4.0% 
$5.88M
XLM 
$0.2614 
↓3.7% 
$5.26M
SNX 
$15.519 
↓12% 
$4.88M
ALGO 
$0.5579 
↓0.9% 
$4.48M
XMR 
$137.44 
↓0.5% 
$4.18M
CRV 
$2.0099 
↓11% 
$3.4M
ICX 
$0.8134 
↑7.2% 
$3.17M
TRX 
$0.0295 
↓1.6% 
$3.07M
YFI 
$29369. 
↓8.9% 
$2.95M
DAI 
$1.0001 
↓0.18% 
$2.9M
GRT 
$0.5304 
↓4.5% 
$2.85M
FIL 
$22.429 
↓1.2% 
$2.51M
ZEC 
$88.030 
↓2.3% 
$2.32M
KSM 
$99.319 
↓4.5% 
$2.24M
COMP 
$213.27 
↓15% 
$2.2M
ATOM 
$7.7592 
↓6.0% 
$2.11M
EOS 
$2.6516 
↓2.4% 
$2.03M
WAVES 
$6.7022 
↓4.3% 
$1.72M
NANO 
$3.1847 
↓5.7% 
$1.65M
BAT 
$0.3018 
↓5.4% 
$1.6M
OMG 
$3.5432 
↓1.3% 
$1.54M
DASH 
$105.09 
↓1.1% 
$1.54M
KAVA 
$2.3747 
↓8.2% 
$1.39M
KEEP 
$0.3268 
↑9.0% 
$1.28M
QTUM 
$3.2947 
↓7.4% 
$1.26M
OXT 
$0.2944 
↓0.27% 
$1.21M
MANA 
$0.1633 
↓4.9% 
$999K
ETC 
$7.4950 
↓2.1% 
$810K
XDG 
$0.0083 
↓4.3% 
$647K
SC 
$0.0045 
↓3.1% 
$527K
KNC 
$1.3233 
↓4.4% 
$516K
MLN 
$38.473 
↓3.3% 
$463K
GNO 
$115.57 
↓4.3% 
$450K
BAL 
$21.029 
↓8.8% 
$405K
LSK 
$1.3277 
↓2.2% 
$306K
PAXG 
$1863.2 
↓0.16% 
$284K
REP 
$20.570 
↓4.0% 
$247K
ANT 
$3.8759 
↓9.7% 
$231K
STORJ 
$0.3888 
↓5.5% 
$117K
REPV2 
$19.286 
↓2.4% 
$48.1K
TBTC 
$34102. 
↑1.9% 
$46.9K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (January 25 2021)



Figure 2: Mid-size trading assets: (measured in USD) (January 25 2021)



Figure 3: Smallest trading assets: (measured in USD) (January 25 2021)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (January 25 2021)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (January 25 2021)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (January 25 2021)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (January 25 2021)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Source: https://blog.kraken.com/post/7576/kraken-daily-market-report-for-january-25-2021/

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