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World-class Global eSports brought to you live on the Dragon Casino

Professional Dota 2 tournaments have earned teams and players more than $100 million and it’s just one of the eleven elite, invitational and pro-series leagues across multiple game styles that you can follow and place bets on straight away on the Dragon Online Casino.

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Unless you are a player or keen follower of eSports, you may not yet have heard about the game called Dota 2, but professional Dota 2 tournaments have earned teams and players more than $100 million with over half of that being awarded at International tournaments, making it one of the highest-earning eSport games.  

But why are we talking about this game you might ask?  Well, it’s just one of the eleven elite, invitational and pro-series leagues across multiple game styles that you can follow and place bets on straight away on the Dragon Online Casino.

According to leading market researcher, Newzoo, global eSports revenues will surpass a colossal $1 billion in 2020 – and this is without counting broadcasting revenues. We put the very best of tournaments in reach, allowing you to watch games live, at home or while out and about on your mobile device.  And if joining the existing global eSports audience of 495 million enthusiasts and occasional viewers this year isn’t exciting enough, the eSports Ecosystem Report 2020 predicts the market will surpass $1.5 billion by 2023.

Games from across the global with some of the most successful players around.

So, read on for more information on the games you will have access to:

· Dota 2, a multiplayer online battle arena (MOBA) pulls in around 11 million users per month and has a record high peak of concurrent players of nearly 1.29 million  in March 2016, remains a firm fan favourite with 791 thousand concurrent players in May this year. Look out for $multi-million prize-winning team OG on the Dragon Casino platform.

·       FIFA, you’ll be on the edge of your seat watching football matches from the FIFA Elite League where you can enjoy cheering on the likes of Arsenal and Manchester United as they take on European giants such as Barcelona and Real Madrid in competitive eSports games.

· Counter-Strike, a first-person shooter (FPS) watched by millions around the world, pits two teams against each other in a fight for survival.  It won the fan’s choice eSports Game of the Year at The Game Awards 2015 and, most recently, generated a combined worldwide revenue of $414 million in 2018.

· The League of Legends, the (LOL) World Championships was 2019’s biggest tournament by live viewership on Twitch and YouTube, with a massive 105.5 million hours. LOL is one of the highest-grossing MOBA games in the world. Players control their champions and battle against the opposing team to destroy their bases in frenetic games like Summoner’s Rift, Twisted Treeline, and Howling Abyss which typically last between 20 to 60 minutes.

· Overwatch from AAA game studio Blizzard also pulls in a tremendous fan base with the Overwatch League generating 104.1 million hours across Twitch and YouTube. Overwatch is perhaps one of the more bizarre games where players can bend time, defy physics in fun, team-based FPS battles in iconic locations from around the world.

Video courtesy of Playoverwatch

· Starcraft, also from Blizzard, is set in space and is an extremely fast-paced but deeply strategic game. Every player begins with limited resources which they need to build up while fending off the enemy forces who are seeking to raze the opponent’s buildings to the ground. This game is massive in Asia and in particular in Korea, which has a professional circuit with millions of fans, corporate sponsors and even televised events.  

The amount of skill and strategy needed to successful reign, lead to Starcraft being trialled for inclusion as an Olympic sport, and you can see multiple games each day on the Dragon platform.

· Starcraft Brood War, a variant of the Starcraft games which introduces new mechanics and strategies set two days after the original Starcraft game ended.

· Warcraft 3, similar to Starcraft but with a massive following in China with up to 100 thousand amateur players active regularly and professional players often crossing over from Starcraft.

· Rainbox Six, a FPS based on the popular Tom Clancy books is also on our platform where you can enjoy games from multiple international leagues with qualifiers in every continent.  With over 40 operators to choose from this game remains a firm favourite with fans and viewers alike. Look out for top teams like G2 Esports who won $800,000 last year.

Video from Rainbox Six Offical YouTube channel

· World of Warcraft (WOW), another top-class game from Blizzard is now in its 15th year of production and is considered many to be the game that introduced the online player vs player tournaments.  You can enjoy games from the MDI East league which kicks off in July bringing together teams from China, Korea, Southeast Asia, Taiwan, and Australia/New Zealand to duel in the dungeons.

· Last but by in no way least – Call of Duty, one of the most successful franchises is brought to you through the Call of Duty League.  

One of the most successful franchises of all time.

With a continual release of new Call of Duty games which gross $billions keeping players active and an official pro-amateur progression system, you are sure to witness some of the hardest fought, and skilful FPS encounters with teams like the ever-popular FaZe clan in action.

So its been a long article but hopefully it gives an insight into the massive opportunities to enjoy watching the hottest eSports matches with the combination of game genres offering an excellent choice for whatever your preferred style is.  We’re sure you will agree that this is a great selection but this is only the first phase of Paul Moynan’s plans to expand the offerings with other games in line with our partners in Japan and in South Korea with event organisers.

Have you played these games? Let us know in the Dragon Telegram Community, and for more news, you know where to head – the Dragon Blog.

Header image by Patar knight – Own work, CC BY-SA 4.0

Source: https://blog.dragon.online/world-class-global-esports-tournaments-brought-to-you-live-on-the-dragon-casino/

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Indian government cautious about crypto-adoption, CBDC is a possibility

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Indian traders and exchanges might be bullish about the crypto market, but the Indian  government doesn’t seem keen on rushing into the scene. At least, not until studying its homegrown fintech industry and the anti-Bitcoin protests in El Salvador.

Tracking global news

Indian finance minister Nirmala Sitharaman in a recent interview with Hindustan Times explained why the country seemed to be falling behind when it came to crypto adoption.

Though she admitted, El Salvador wasn’t “the best example,” Sitharaman said,

“You’d think common people don’t care about digital currency; but the public took to the streets against the move. It’s not a question of literacy or understanding – it’s also a question of to what extent this is a transparent currency; is it going to be a currency available for everyone?”

Sitharaman referred to CBDCs as a “legitimate” cryptocurrency and admitted there could be a “possibility,” in hat regard. She noted that India held the “strength of the technology” and acknowledged the need to formulate a Cabinet note. However, Sitharaman wondered if India was ready to follow El Salvador’s way.

Facts on the ground

Though accessibility is a pressing concern, more Indians have discovered crypto than perhaps expected.

Nischal Shetty, CEO of the Indian crypto exchange WazirX – a subsidiary of Binance Holdings – has stated that WazirX sign-ups from India’s tier-two and tier-three cities overtook those from tier-one cities this year. Even so, sign-ups from tier-one cities themselves saw a 2,375% rise. Furthermore, WazirX added one million users in April 2021 alone.

Adding to this, the cost of electricity and Internet data in India are relatively cheaper, which could boost both crypto trading and mining in the future. However, at the last count, there was only one Bitcoin ATM in the whole country.

As per data by Useful Tulips, which combined data from Paxful and LocalBitcoins, India saw transfers worth around $4,502,369 in the last two weeks.

Could anti-Bitcoin protests happen in India?

There is evidence to support both sides. India has a strong history of mass protests, with the farmers’ protests against the government’s agricultural laws being one such example. The 2016 demonetization of part of the country’s paper currency still haunts many, and Internet penetration is yet to cross 50%.

However, India also has the largest diaspora in the world, with approximately 18 million people living outside the country. Crypto innovation could lead to hundreds of millions of dollars being saved on remittance charges as money is sent across borders.

But for the time being, it seems India’s urban residents are more bullish about crypto than its government.

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Source: https://ambcrypto.com/indian-government-cautious-about-crypto-adoption-cbdc-is-a-possibility

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A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them

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A Deep Dive Into The Bitcoin Wallets Of U.S Congress Members, And Why Bitcoiners Are Strongly Against Them

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Key takeaways

  • U.S. Congress’ split disposition towards cryptocurrencies raises concerns among market participants.
  • Bitcoin proponent, James Loop goes digging into the financial disclosures of Congress members.
  • His findings revealed only three Congress members have ever disclosed that they hold Bitcoin.

The United States is a key base for innovation and adoption in the cryptocurrency industry. According to data from Crunchbase, there are at least 1,135 organizations founded in the U.S. that provide various cryptocurrency-related services.

Despite the broad adoption of the asset class by the country’s citizens, the government is still divided on opinions about the growing cryptocurrency industry. This can be seen in the U.S. Congress where members of Congress are split between those who support and those who do not support Bitcoin, the most prominent cryptocurrency.

This polarised disposition of Congress has been a pain point for Bitcoiners. Bitcoin market participants have pointed out several issues that emanate from the fact that there are still members of Congress who have not shown themselves to fully understand Bitcoin.

The sentiment is that Congress members who do not fully understand the asset, having not used it, should not be responsible for making laws about it. Additionally, market participants also think it will be a conflict of interest if members of Congress who oppose Bitcoin are found to be holding Bitcoin or if those who support it do not own any. 

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Jameson Lopp, the co-founder, and chief technology officer of Casa – a leading provider of Bitcoin self custody solutions, has gone digging into the United States Senate Financial Disclosures portal. The investigation was carried out to identify Congress members who have declared holdings of cryptocurrencies, and Bitcoin in particular, in their portfolios. 

His findings paint a dismal picture as the majority of the members of Congress who have been vocal in supporting Bitcoin have not held the asset at all according to their financial disclosures for the year ending 2020.

According to his findings, only 3 Congress members have disclosed that they own Bitcoin. The now-retired Representative Bob Goodlatte of Virginia was the first Congressman to disclose the ownership of Bitcoin, doing so in 2017 even before laws were passed to make disclosure mandatory. According to his disclosure, he owned between $1,000 and $15,000 of Bitcoin at the time.

Among currently seated Congress members, only Senators Cynthia Lummis and Pat Toomey have reported Bitcoin holdings in their portfolios in 2020. Senator  Lummis reported owning $100,000 – $250,000 of bitcoin in 2020 making up between 0.6% and 2.75% of her net worth. Similarly, Senator Pat Toomey reported purchasing $1,001 – $15,000 of GBTC in June 2021. The GBTC investment is between 0.01% and 0.7% of his net worth.

The sleuth however concedes that he did not have the time and resources to go through the financial disclosures of all 535 congressional members. Nonetheless, it is telling that of the ones he checked, even members of caucuses in Congress that are affiliated to cryptocurrency and members that have drafted bills that will provide clarity for the industry do not hold Bitcoin or other cryptocurrencies as their financial disclosures show.

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Source: https://zycrypto.com/a-deep-dive-into-the-bitcoin-wallets-of-u-s-congress-members-and-why-bitcoiners-are-strongly-against-them/

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China Again? — Why The Crypto Market Lost Over $300 Billion In Hours And What To Expect

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China Reemphasizes It's Not Yet Done With Clamping Down On Bitcoin

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Key takeaways:

  • Crypto-market records over s$1 billion worth of Crypto liquidations in hours. 
  • Liquidated long positions significantly surpass shorts.
  • Fundamental factors pose serious threat to the market, but the road to recovery is near.

The crypto market has been hit with yet another massive liquidation. Within the last 24hrs, a whopping $1.03 billion worth of long and short positions have been liquidated, as reported by the aggregate derivative exchange platform ByBt.

When traders are long on a particular asset, they are simply gaining exposure to the cryptocurrency in question, in hopes that prices will surge significantly at a later time. It appears that a lot of investors were bullish on crypto for the most part, as long positions were significantly higher than shorts. Precisely $946.10 million worth of crypto was liquidated, while $6.56 million short positions were liquidated.

Liquidations usually take place in the crypto market when a trader’s leveraged position is forcefully sealed by an exchange when the trader’s initial margin is partially or totally lost. Futures and margin trading is usually where liquidation is common.

Many market pundits have warned against over-leverage, which they point to as the case of repeated liquidation. However, despite cryptocurrencies being high-risk due to the intense volatility, leveraging provides an opportunity for investors to generate significant profit. For this reason, liquidations are imminent.

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On a larger spectrum, the question at hand is how the market will be affected going forward. Although no one can accurately predict, recent events hint that the dip could go even deeper, no thanks to fundamental factors like the ongoing Evergrande crisis.

“The Hong Kong stock market plummeted, triggering a decline in global markets and cryptocurrencies. The main reason is Evergrande, China’s largest real estate company with nearly 2 trillion debts.” wrote Chinese journalist Colin Wu.

Thus far, leading assets like Bitcoin, Ether, Solana, Cardano, and many others have dropped in price value and are, at this time, still going downwards. Bitcoin has plummeted to $42,928. While losing more than 7% in value today. Ether, XRP, SOL, DOGE, and Cardano are likewise seeing an extensive decline.

In response to the dip, analysts have responded to their previous sentiments on Bitcoin especially, saying that the expected floor price for this month remains at $42,000 and that a bounce will follow a while later. Altcoin analysts are also keeping their fingers crossed to see how the next 24hrs play out before predicting the market’s trajectory.

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Source: https://zycrypto.com/china-again-why-the-crypto-market-lost-over-300-billion-in-hours-and-what-to-expect/

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