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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

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Coin Metrics Report Details Surges in ETH, Doge Trading

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Digital currency research firm Coin Metrics has released a new report claiming that bitcoin is beginning to lag when compared with the likes of competing altcoins such as Ethereum and Dogecoin.

Coin Metrics: Altcoins Are Taking Over

While bitcoin is still the world’s number one digital currency by market cap (it is currently trading for about $35,000 per unit), the asset has experienced some serious dips over the past month, while by contrast, Dogecoin and Ethereum have exhibited gains and are regularly moving up the digital ladder.

Coin Metrics garnered much of the information for its report by looking at data from Binance, arguably the largest and most popular crypto exchange on the planet in terms of daily trading volume. Additional statistics were gathered from exchanges such as Coinbase and FTX. Coin Metrics points out that thus far, 2021 has been the year for “smaller altcoins,” suggesting that a great many of them have surged heavily between the months of January and early May. From there, however, a serious crypto crash has taken precedence, with Coin Metrics unable to pinpoint what, exactly, might have been the cause.

For the most part, numerous altcoin pairs are offered on Binance, which explains why the company’s trading volume for many of the world’s smaller assets likely overtook that of bitcoin. The report says:

ETH volume surpassed BTC volume on Coinbase by a wider margin than on Binance. Coinbase did not offer Dogecoin trading in May (although they introduced it in early June), so it did not have a Doge rush similar with Binance, but it did have a relatively high amount of volume for some other altcoins, led by MATIC, ADA and Ethereum Classic (ETC)… Continuing the trend, ETH volume edged out BTC on FTX, although not by much, but comparatively, the top altcoins made up a lower percentage of total volume on FTX than on Binance and Coinbase.

Some of the world’s smaller exchanges – such as Huobi – also saw Ethereum and Dogecoin trading surge to levels beyond what people were doing with bitcoin. The report continues to say:

Similar with Binance, DOGE volume surged on Huobi, taking the spot as the third most traded currency by volume.

Bitcoin Hasn’t Been Fully Cut Out Yet

The only place – according to the document – where bitcoin trading appears to remain dominant at the time of writing is the CME in Chicago, Illinois. The company delves in bitcoin futures trading and has recently opened the door to ETH futures, though this is still in its early stages. Coin Metrics writes:

The markets continued to move mostly sideways over the last week. Bitcoin and Ethereum usage both stayed relatively flat, with daily active addresses dropping 2.5 percent and growing by 3.3 percent, respectively. Ethereum daily transaction fees dropped by over 35 percent week over week as gas prices continued to fall, and bitcoin transaction fees followed a similar pattern, dropping by 40.5 percent.

Tags: bitcoin, Coin Metrics, dogecoin, Ethereum Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.livebitcoinnews.com/coin-metrics-report-details-surge-in-eth-doge-trading/

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How will the drop in this metric affect UNI, CAKE, SUSHI, AAVE?

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Bitcoin maximalists are currently gaining from the dropping altcoin market capitalization. Another group in on that is DeFi project traders and HODLers. This weekend, the altcoin market capitalization dropped further. In the past 7 days, the altcoin market capitalization has dropped along with a drop in altcoin prices. BNB, ADA, DOGE, XRP, DOT and CRV have dropped and this has increased the accumulation, investment inflow.

Low marketcap projects have offered high returns over the past 7 days. There are several factors supporting this narrative. Increasing trade volume of DeFi projects has increased in proportion to altcoin market cap. The demand across exchanges has increased and there is an increase in the number of unique wallet addresses and TVL. This may change the narrative of DeFi to bullish.

High market cap projects may lead to the increase in demand and investment inflow proportionate to the interest of their users. The low market cap projects continue to face a correction when traders exit. The drop in altcoin market capitalization has a direct impact on DeFi users.

Is the diminishing altcoin market capitalization bullish for DeFi

Source: DuneAnalytics

The diminishing altcoin market capitalization has had a direct impact on the investment inflow, the number of traders and the demand across exchanges. This is bullish for DeFi projects as the rising number of users and the metrics related to number of trades, wallets and users indicate a growing interest, investment, institutional investment inflow and growth in DeFi market capitalization.

With the rise in the number of DeFi projects, there is a surge interest from institutions. With the upcoming biggest smart contract event of the year, it is likely that DeFi projects like UNI, CAKE, SUSHI, AAVE that haven’t rallied in the past 2 weeks would rally following increasing demand and popularity, social media mentions.

When the average price chart of these projects is observed, and they are ranked in accordance to their ranking of growth in Active users, there is a strong correlation between users and market capitalization. AAVE, UNI, SUSHI have ranked the highest. Though ranking does not have a direct correlation with social volume and price, it has increased following drop in altcoin market capitalization. This builds a bullish case for DeFi in the following two weeks.


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/how-will-the-drop-in-this-metric-affect-uni-cake-sushi-aave

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Bitcoin Taproot upgrade finally achieves activation lock-in!

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The much-anticipated Bitcoin Taproot upgrade passed the Speedy Trial, which was a signaling period which gauged support for the upgrade from bitcoin’s mining sector. Since SegWit, Taproot has been touted as the next significant upgrade for Bitcoin.

Data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, released an interesting yet hilarious video to announce the completion of the lock-in stage.

On the official page, it read:

“This period has reached 1815 Taproot signaling blocks, which are required for lock-in.”

Different mining pools tweeted their support for the upgrade on their respective platforms with Slush Pool being the first to do so.

AntPool also supported the upgrade.

What’s next?

Bitcoin core developer Pieter Wuille further elaborated on the path leading to the full activation step for Taproot in a series of tweets. He stated:

“As of block 687284, Taproot signalling has reached 1815 blocks this period, guaranteeing that absent very deep reorgs, it is guaranteed to lock in. Following that, it will activate at block 709632, probably around mid-November 2021.”

He also addressed that ‘there is a lot of work left of course’, which included:

a) PSBT extensions to communicate Taproot keys/scripts/signatures,

b) MuSig2 standardization so the software can cooperate in signing,

c) Output descriptors,

Why is it so important?

Fred Thiel, CEO of Marathon Digital Holdings stated:

“With this upgrade, you’ll see Bitcoin to be the settlement network. Funds are transferred from one institution to another, say one bank to another.”

He added,

“The update would lower the data size of smart contracts, in turn lowering transaction costs. Taproot is also expected to enhance smart contract functionality and efficiency.”

Jeremy Rubin, a Bitcoin Core contributor and founder of Judica projected a similar optimistic narrative,

“With taproot, you get optimization of Bitcoin, much different from how people know Bitcoin today- little too inefficient or reveal too much information about what you’re trying to do. Taproot helps to be private and efficient.”


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/bitcoin-taproot-upgrade-finally-achieves-activation-lock-in

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