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YOLOdice

The post YOLOdice appeared first on Bitcoin Millionaire.

Republished by Plato

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Overview

YOLOdice is one of the most popular Bitcoin dice sites and is relatively new to the market. It is a very simplistic and easy to navigate site that appears extremely professional. They also have a faucet so for any players who are unsure you can always claim BTCs from here and play with that if you desire.

One of the biggest draw cards to YOLOdice is the 1% house edge. In addition to this the site is provably fair and doesn’t require proof of identity. The bankroll has been crowdfunded and from an investment point this site is a good option.

Yolodice game play

Gameplay

The YOLOdice interface is very easy to use and is a simple website. It is a straightforward game in the sense that you can choose the size of your bet and roll the dice. Check out the image for what you can expect to see as well as the how to play instructions.

They also have a chat option if you would like to chat to other players during play. You can also watch players betting and see their results.

Bonuses

YOLOdice offer a rakeback. After you level up your account you are then entitled to 30% of the site edge back to your balance. Players are eligible for this when they reach level 7 but once unlocked you can rakeback all bets wagered up to then.

How can you Level Up at YOLOdice?

  • Play- gain XP (experience points) simply by wagering BTC.
  • Invest — gain XP while your investments are being wagered by players.
  • Refer new players — you get XP when your referrals play.
  • Get followers — the more followers you have (and the higher level they are), the more XP you get!

Also, be sure to follow YOLOdice on Twitter as they tend to share promotions on this platform as well.

Invest Option

There is an investment option at YOLOdice and this is how it works:

– All investments have the option of leverage from 1x kelly and increasing (in whole numbers) to 10x kelly.

– Once you invest you will be instantly added to the bankroll and will enjoy profits and loses as players bet against you!

– You can withdraw from the bankroll anytime by clicking the divest option (and there are no fees).

I must say that YOLOdice will take 10% of any profits from investors. This is used to manage and keep the site running but it is actually the lowest amount compared with others.

Depositing and Withdrawing

Deposits and withdrawals are both quick with no proof of identity required. Transactions are confirmed very quickly (within 10-20seconds) this is also even if it is not included in any block.

How are withdrawals processed?

Withdrawals are either instant or batch. Instant withdrawals are processed immediately but in some cases the withdrawal will be marked as pending which can take anywhere from a few minutes to a few hours. This occurs if the withdrawal is too large and YOLOdice don’t have enough funds in the game hot wallet. Check out the FAQs section for more on this. I think it would only be a problem if you are trying to withdrawal large amounts.

The other option is a batch withdrawal which means they are sent in a single Bitcoin transaction. This means the fee is lower but sometimes it can take a few hours.

Source: https://bitcoin-millionaire.com/yolodice/

Blockchain

Kraken Daily Market Report for April 12 2021

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Overview


  • Total spot trading volume at $1.74 billion, up from the 30-day average of $1.34 billion.
  • Total futures notional at $555.7 million.
  • The top five traded coins were, respectively, Bitcoin, Tether, Ethereum, Ripple, and Cardano.
  • Strong returns from Uniswap (+25%) and Flow (+11%).

April 12, 2021 
 $1.74B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$59918. 
↓0.3% 
$641.7M
USDT 
$0.9994 
↑0.03% 
$317.0M
ETH 
$2135.2 
↓0.9% 
$216.1M
XRP 
$1.3753 
↑1.9% 
$126.6M
ADA 
$1.2994 
↑2.6% 
$84.1M
USDC 
$0.9999 
↑0.0% 
$46.7M
DOT 
$40.310 
↓2.6% 
$39.1M
LTC 
$245.33 
↓2.9% 
$34.7M
TRX 
$0.1331 
↑8.9% 
$33.3M
FLOW 
$37.468 
↑11% 
$30.6M
UNI 
$37.402 
↑25% 
$23.6M
FIL 
$166.62 
↓7.0% 
$18.9M
XLM 
$0.5751 
↓1.0% 
$18.6M
XDG 
$0.0712 
↓3.4% 
$17.9M
XMR 
$321.10 
↓2.8% 
$17.9M
LINK 
$32.707 
↓3.9% 
$12.3M
MANA 
$1.0822 
↑1.0% 
$11.5M
BCH 
$669.88 
↓3.0% 
$11.0M
SC 
$0.0266 
↓3.5% 
$9.87M
ALGO 
$1.4637 
↓4.1% 
$9.85M
GRT 
$2.0962 
↑9.6% 
$9.61M
AAVE 
$403.67 
↑8.4% 
$9.51M
ATOM 
$22.173 
↓5.6% 
$9.42M
KSM 
$428.66 
↓2.4% 
$9.33M
EOS 
$6.4521 
↓4.5% 
$7.34M
XTZ 
$6.2194 
↓3.5% 
$6.97M
ZEC 
$218.94 
↓1.5% 
$5.36M
DASH 
$277.71 
↓3.4% 
$4.59M
STORJ 
$2.4142 
↓0.7% 
$4.51M
DAI 
$0.9994 
↓0.03% 
$4.08M
COMP 
$446.04 
↓3.0% 
$3.75M
SNX 
$19.596 
↑3.0% 
$3.13M
ICX 
$2.6855 
↑4.2% 
$3.06M
OMG 
$9.6585 
↑0.3% 
$2.8M
BAT 
$1.4119 
↓2.1% 
$2.57M
KAVA 
$6.5938 
↓5.9% 
$2.53M
OCEAN 
$1.6560 
↓3.6% 
$2.42M
QTUM 
$14.663 
↓1.9% 
$2.27M
CRV 
$3.0164 
↓3.2% 
$2.18M
ANT 
$10.697 
↓4.6% 
$1.93M
NANO 
$5.6921 
↑1.4% 
$1.91M
KNC 
$3.5034 
↓4.6% 
$1.86M
YFI 
$42840. 
↓5.2% 
$1.68M
ETC 
$19.193 
↓5.8% 
$1.44M
OXT 
$0.7723 
↓3.9% 
$1.43M
WAVES 
$15.288 
↓2.2% 
$1.35M
REP 
$47.281 
↓4.1% 
$1.27M
LSK 
$6.4095 
↓6.1% 
$1.09M
KEEP 
$0.7189 
↓4.0% 
$1.07M
EWT 
$16.354 
↓4.3% 
$768K
MLN 
$85.518 
↓4.3% 
$674K
PAXG 
$1741.0 
↓1.0% 
$663K
BAL 
$51.182 
↓1.2% 
$600K
REPV2 
$46.957 
↓4.2% 
$367K
GNO 
$172.93 
↓0.03% 
$292K
TBTC 
$60697. 
↓0.8% 
$50.2K



#####################. 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 (April 12 2021)



Figure 2: Mid-size trading assets: (measured in USD) (April 12 2021)



Figure 3: Smallest trading assets: (measured in USD) (April 12 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 (April 12 2021)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (April 12 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 (April 12 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. (April 12 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.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://blog.kraken.com/post/8612/kraken-daily-market-report-for-april-12-2021/

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Blockchain

Bitcoin Prepares For its Next Move: Where is the 100 SMA, the Key BTC Level?

Republished by Plato

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Bitcoin price is consolidating above the $59,500 support zone against the US Dollar. BTC is now showing a few positive signs, but it must clear $61,200 for a fresh rally in the near term.

  • Bitcoin is holding gains above the $60,000 and $59,500 support levels.
  • The price is now trading well above the $59,500 level and the 100 hourly simple moving average.
  • There is a key bullish trend line forming with support near $59,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair is likely to start a sharp upward move once it clears the $60,800 and $61,200 levels.

Bitcoin Price is Showing Positive Signs

Bitcoin remained in a range above the $59,000 level and it is showing a few positive signs. Recently, BTC made another attempt to clear the $61,200 resistance, but it failed.

It corrected lower and retested the $59,500 support level. A low is formed near $59,432 and the price is now moving higher. It is also trading well above the $59,500 level and the 100 hourly simple moving average.

There was a break above the 50% Fib retracement level of the recent decline from the $61,212 high to $59,432 low. There is also a key bullish trend line forming with support near $59,400 on the hourly chart of the BTC/USD pair.

Bitcoin Price

Source: BTCUSD on TradingView.com

Bitcoin is now trading above $60,400, but it is facing resistance near $60,800. It is close to the 76.4% Fib retracement level of the recent decline from the $61,212 high to $59,432 low.

A successful break above the $60,800 level could open the doors for a move above $61,200. If the bulls succeed in clearing $61,200, the price could rally in the coming sessions.

Dips Limited in BTC?

If bitcoin fails to climb above $60,800 and $61,200, there could be a short-term downside correction. An initial support on the downside is near the $60,000 level.

The main support is now forming near the trend line, $59,500 and the 100 hourly simple moving average. If the bulls fail to protect the 100 hourly SMA, there could be a major decline. In this case, the price might decline towards the $58,000 level.

Technical indicators:

Hourly MACD – The MACD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level.

Major Support Levels – $59,500, followed by $59,000.

Major Resistance Levels – $60,800, $61,200 and $62,000.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.newsbtc.com/analysis/btc/bitcoin-prepares-for-next-move-61k/

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Blockchain

USDT, USDC, and BUSD represent 93% of stablecoin market cap

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Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap.

Glassnode’s April 13 “Week On-chain” report found that the top three stablecoins — Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) — have seen significant growth over the past six months to represent a combined capitalization of more than $60 billion, equal to 92.75% of the stablecoin market.

By contrast, six months ago the combined stablecoin capitalization for those three was less than one-third of its current levels at $19.2 billion. This time last year, stablecoins were worth just $7 billion combined.

The analysis compared the growth of stablecoins with Bitcoin’s market cap, identifying a clear correlation between the two. The report also found that USDT’s supply has continued to increase during recent weeks despite BTC trending sideways, whereas growth for USDC and BUSD has slowed.

BTC market cap vs stablecoin supply: Glassnode

The report notes historic lows for its Stablecoin Supply Ratio (SSR) metric, which measures Bitcoin’s market cap relative to the total stablecoin supply to estimate the global “buying power” of the stablecoin sector.

When BTC prices are low, the supply of stablecoins can buy a larger portion of it to push prices up. Conversely, as prices increase the available stablecoins can purchase less which reduces the influence on prices. Glassnode concluded:

“The growth of stablecoin supplies throughout 2020-21 has held the SSR metric near historical lows suggesting a relatively high buying power of digitally native dollars. The demand for digital dollars appears to be keeping pace with demand for Bitcoin and cryptocurrencies as a whole.”

Tether’s market cap has over doubled since the beginning of 2021 to currently sit at a record $45.6 billion, according to the Tether transparency report. Circle’s website reported an all-time high of $11.5 billion USDC on April 9, while Goingecko estimated BUSD’s supply to be $5.1 billion on April 13.

On April 7, Circle CEO Jeremy Allaire predicted its USDC stablecoin could soon surpass PayPal by settlement value.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/usdt-usdc-and-busd-represent-93-of-stablecoin-market-cap

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