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  • Top 3 Coins to Watch – Week 43

    Top 3 Coins to Watch – Week 43

    As we progress through Q4 2020, several projects are moving ahead with continued development. May it be a just recently launched coin, an already established exchange-issued token or the world’s first cryptocurrency – this week’s selection of top 3 coins to watch has them all.

    1. Filecoin (FIL)

    Filecoin is a decentralized file storage platform that rewards users who offer data storage space to be rewarded in FIL. On the other hand, users can also purchase decentralized storage space at selected provides, depending on their specific storage needs. Filecoin utilizes IPFS (InterPlanetary File System), a protocol that enables the distributed data storage and sharing.

    Buy/Sell FIL

    FIL Gets Listed at several Exchanges Following Mainnet Launch

    The Filecoin project conduced an ICO in 2017 and raised more than $257 million for the development of the decentralized data storage platform. The highly anticipated mainnet launch finally took place at block 148,888, which got mined on October 15. Following the mainnet launch, Filecoin’s native FIL token got listed at several leading exchanges including Binance, Huobi, Bittrex, and Kraken, while FTX already opened the trading of FIL futures. In addition, the FIL token was also widely traded in IOU form. It is expected that the high trading volumes and speculation around FIL will continue over the coming weeks, so it is definitely worth keeping an eye on FIL.

    2. Binance Coin (BNB)

    Binance Coin (BNB) is a native token of the Binance Chain, a blockchain launched and operated by the established cryptocurrency exchange Binance. Users that utilize BNB to pay for exchange, withdrawal and listing fees they can enjoy a 25% discount. Initially the discount stood even higher, at 50%, but it gets halved every year.

    Buy/Sell BNB

    Binance Completes 13th Quarterly Burn

    The BNB team have confirmed the completion of their 13th quarterly BNB token burn which saw 2,253,888 BNB worth approximately $68,000,000 being destroyed and removed from circulation forever. While the number of tokens burned is just the fourth highest among the 13 conducted burns, their fiat denominated value is the highest ever. The leading exchange is moving forward with the continued development of the Binance Smart Chain (BSC) and the launch of the BSC Accelerator Fund, which offers $100 million worth of funding opportunities to DeFi and CeFi projects.  The exchange also expanded its fiat gateway system, which now covers already 232 countries. The Binance environment continues to thrive and new features are getting added to the BNB on a weekly basis. You can follow the latest developments on the exchange’s official blog post.

    3. Bitcoin (BTC)

    Although we believe that Bitcoin does not need much introduction and that all eyes would be on it even if it were not featured on our list, here is a short summary of the history and key characteristics of the first truly decentralized digital currency. The world’s pioneer cryptocurrency was launched by pseudonymous figure named Satoshi Nakamoto in 2009 and has a capped supply of 21 million coins. The decreasing miner block rewards makes the cryptocurrency scarcer with time, ensuring a deflationary nature.

    Buy/Sell BTC

    The demand for Bitcoin Could Increase as Investors seek Inflation Safe-Haven

    According to a post from Anthony Pompliano, also known as ‘The Pomp’ we “sit at an unprecedented time in the macro-economy”, also due to the COVID-19 induced stimulus packages, which already total to more than $3 trillion, with another $2 trillion on the way. The fear that the uncontrolled money printing will cause an inflation has driven significant capital flows to inflation-hedge asses, such as gold, real estate and Bitcoin. With its supply capped at 21 million and the market capitalization of less than $220 billion, Pompliano believes that Bitcoin’s price growth is far from over. In his opinion, we will see a significant upward movement in the Bitcoin price by the end of 2021 due to the increased demand combined of this programmatically scarce digital asset. The fact that more than 60% of Bitcoin has not been moved in the last 12 months reinforces the bullish sentiment. Pompliano’s realistic prediction states that Bitcoin’s value will increase by a factor of 10 over the next 15 months, while in his bullish scenario features a new all-time high at around $250,000 per Bitcoin. Nevertheless, the Pomp warns that we will likely see many 15-30% dips along the way, as Bitcoin is a highly volatile asset.

  • Win up to 12 BTC in TRedump vs BidGreen Battle at BC.Game!

    Win up to 12 BTC in TRedump vs BidGreen Battle at BC.Game!

    🎁 https://tbbattle.bc.game/ 🎁

    It’s the time again when everyone is discussing about the upcoming US presidential election. To mark this time in history, BC.Game has decided to run its own election with a BC.Game twist!

    Instead of flat out voting, your bets will vote for you! The contenders?

    Tredump vs Bidgreen of course!

    Let’s get thrilled with the TB Battle!

    Vote Who Wins. Split 12 Bitcoins!

    All players who wager in the Crash red/ green game (trenball game) will receive rewards.

    Event duration:
    October 13, 2020 4:00 a.m – November 3, 2020 3:00 a.m. (UTC +0) after the final result of 2020 United States presidential election is announced.

    Who can participate:
    All BC.Game players

    How to participate:
    Before the final result of 2020 presidential election is announced, try to collect Tredump Coin & Bidgreen Coin in the Crash red/ green game & participate in the weekly & final ranking of events to receive BTC rewards!

    How to collect Tredump Coin & Bidgreen Coin:
    Betting Crash:
    Every bet Red $0.01 = 1 T Coin;
    Every bet Green ( Moon included) $0.01= 1 B Coin.

    Sign in daily on the event page & receive free T/ B Coins.

    Invite friends to join BC.Game & get up to 10 additional opportunities to receive T Coin/ B Coins daily!

    Play any game with T Coins/ B Coins to win more.

    Register during the event & get free T Coins/ B Coins as gifts instantly!

    WEEKLY PRIZE POOL / TOTAL PRIZE POOL

    The weekly & total event prize pool closely depends on players’ weekly & total wager respectively during the TB Battle event. The more players bet, the bigger it grows.

    Weekly ranking rewards:

    Every Monday at 03:00 (UTC+0) the previous week’s ranking rewards will be distributed & can be claimed on Notice page.

    The winners of weekly Top 10 Highest T Coins & B Coins holders (total of 20 player) will be awarded the Crash red & green game weekly prize pool.

    Event final reward distribution:

    Scheduled tentatively on November 3rd at 03:00 (UTC +0) after the final result of 2020 United States presidential election is announced. Top 50 T Coin or B Coin holders (total 50 people) will split the Crash red & green game total prize pool. Depending on the final election result, if Trump wins then the T Coin holding team will win & the system will rank top 50 winners & same way for B Coin if Biden wins!

    The rewards issued are the total prize pool amount of the total wager during the TB Battle event.

    Join Now

  • Ethereum and Bitcoin Both Add Under 1%

    Ethereum and Bitcoin Both Add Under 1%

    Bitcoin Stays Stagnant under $11,625

    The BTC/USD pair opened Thursday’s, 15th October, session at $11,443. The price was trading sideways until 8:00 UTC when a local descend to the day’s low at $11,280 began. The price, however, steadied at $11,330 between 10:00 and 12:00 UTC; after that an upside reversal began, which saw the pair near the $11,625 resistance level. But even before reaching it the bullish body of the 20th hourly candle contracted rapidly, producing a shooting start pattern at 21:00 UTC.

    This bearish candlestick pattern played out as it should, taking the price lower during the evening hours of the day. However, at the close of Thursday’s session, the pair was at $11,517 – 0.77% above the open.

    The day’s price action shows that there is forming a local sideways channel between $11,330 and $11,574. Amid the upside retracement that began last week, this shows that the buyers have locked in their profits and are accumulating new liquidity in this sideways fluctuation for the continuation of the uptrend. The breakthrough above $11,625 is most likely to take place the week of 19th October.

    Ethereum Slips below $378

    The ETH/USD pair showed much less price action on Thursday, 15 October, than BTC/USD did. The pair opened at $378.3 – a few cents above the $378 daily support – and began the day in a sideways fluctuation. The first notable price action took place at 9:00 UTC through to 12:00 UTC, which saw the pair drop to $373.

    At noon, an upside retracement began, which took Ether above the $378 daily support level as high as $381.1 – the day’s high – between 20:00 and 21:00 UTC. However, in the last three hours of the day the pair dipped below the support level, closing the day at $377.8.

    Ether’s price action during the day shows that there is still some bullish sentiment behind the smart-contract leading cryptocurrency. But on the back of Bitcoin adding 0.77% Ether looks too vulnerable closing in the negative territory. In case Bitcoin loses some of its recent gains and closes a few daily sessions in the red, it may nullify all of Ether’s upside retracement that it has made since 7th October.

  • Basic Crypto Terms You Should Know

    Basic Crypto Terms You Should Know

    Using crypto might be challenging if you are not familiar with the so-called crypto language. As a matter of fact, some users are even attending crypto seminars to understand what digital cash is all about.

    Now that we have everything on the internet, here is a quick guide about all the crypto terms explained in simple terms.

    Cryptocurrency

    It is described as digital money that operates on blockchain technology. Unlike your traditional currency, it is decentralized or not controlled by the government or any financial institution.

    Altcoins

    It is basically any other digital currency other than Bitcoin. It is also referred to as alternatives to Bitcoin. In fact, there are more than 5,000 cryptocurrencies in the market right now. Some of these altcoins are:

    Blockchain

    It is described as a distributed ledger system consisting of blocks. These blocks contain all of the verified transactions. What’s amazing about it is that aside from being decentralized, it is also immutable. It simply means that entries included in the blockchain cannot be erased or edited easily.

    Address

    Think of it as your home address but replace it with random numbers and letters. Just like your home address, it determines the destination of any crypto payment. This is also used every time you deposit or withdraw your winnings in any casino site.

    Mining

    It is a process wherein miners create and verify cryptocurrency. Mining also involves complex mathematical problems. The best thing about mining is that it is profitable.

    Cryptography

    It is basically the process of encoding and decoding information using complicated codes. It is also a way to secure all means of communication from malicious third-parties or hackers lurking in the dark. There are three types of cryptography, these are:

    Secret Key Cryptography (SKC)

    It is a single key for both encryption and decryption. It is the sender’s and the receiver’s key.

    Public Key Cryptography (PKC)

    This key is mostly used for authentication, non-repudiation, and key exchange. Unlike SKC, there are two keys. One for encryption while the other is for decryption.

    Hash Functions

    This is the type of cryptography that does not use any keys. Once it is transferred, it is not recoverable.

    Fork

    It is a change in currency’s rules or protocol. It can either be a hard fork or a soft fork. Forking also means a split in the blockchain network.

    In the blockchain fork, anyone can propose improvements and change the code.

    Volatility

    It is the movement of crypto’s value in the market. It can also increase and decrease at any time.

    Initial Coin Offering (ICO)

    This represents the organizations that offer digital tokens to the public to raise money. For instance, if you can mine a specific number of blocks, an organization will reward you with tokens.

    Cold Wallet

    It refers to storing your coins away from the web. It can be in a flash drive or an offline Bitcoin wallet.

    Hot Wallet

    It is your crypto wallet that is connected to the internet. It is also encrypted with random numbers and letters to protect your funds from hackers.

    Fiat Currency

    It refers to any currency issued by the government or any banking institution. It can be dollars, pesos, rupees, riyals, and many more.

    Pump and Dump

    It is described as a form of market manipulation by traders who artificially inflate prices and leave the market. This is also the reason why there is a sudden drop in the coin’s value.

    Cryptocurrency Exchange

    This is a platform used to exchange fiat to cryptocurrencies. It is like a forex trading platform but for cryptos.

  • Coinbox.org Adds Cryptocurrency Staking to the Wallet

    Coinbox.org Adds Cryptocurrency Staking to the Wallet

    With Coinbox.org, users can now generate passive income – just by keeping cryptocurrencies in a special wallet. This new feature offered by Coinbox.org is called staking. It can be a great way for hodlers to increase their cryptocurrency assets easily and effortlessly.

    Staking networks use Proof of Stake as their consensus algorithm. To better understand what it’s all about, you need to get hold of this concept.

    Both Proof of Work (PoW) and Proof of Stake (PoS) share the same goal, which is achieving consensus in the blockchain. But the processes that allow reaching this goal in these systems differ from one another.

    Blocks on PoS blockchain platforms are “forged” rather than mined. Contrary to the way it works in PoW systems, PoS networks blockchains can develop and validate new blocks with no special hardware (for example, ASIC). Thanks to Proof of Stake protocols, any user who is in possession of the minimum required balance (stake) of a specific cryptocurrency can confirm transactions and earn staking rewards. In PoS systems, those “guarding” the coins always own the coins, and the larger the amount of those coins, the bigger are the chances for a node to be selected as another validator.

    However, blockchain developers who created the PoS algorithm quickly understood that the selection by the stake size only would result in centralization, which, obviously, would be highly undesirable. That’s why other selection methods (like coin age-based selection and randomized block selection) have been added.

    Coinbox.org has now introduced staking for ALGO

    ALGO is the official native cryptocurrency of the Algorand blockchain network. Logically, it’s based on the open PoS Algorand blockchain platform. Unlike most other public blockchains, this scalable platform boasts fast transaction processing time while sticking with the decentralization.

    The advantages of Algorand Technology are the following:

    • Validators don’t risk to be slashed (slashing is an event where the validator gives up a defined amount of staked coins which are then redistributed to other stakeholders or burned).
    • It’s impossible for the minority and it makes no sense for the majority to cheat the system because it would devalue their holdings.

    Annual Percentage Yield (APY) is the interest rate that reflects the total amount of interests, in this case, staking rewards, that are predicted to be earned in one year. Currently, it’s 6.12% for  ALGO.

  • Buffett is Seeking for More IPO Investments? The AI-Driven Fintech RoFX May Be The One

    Buffett is Seeking for More IPO Investments? The AI-Driven Fintech RoFX May Be The One

    Volatility in the Forex market brings ample opportunities to speculate and earn profits. However, the risks associated with Forex trading makes it hard to earn consistent profits. Amid the pandemic of Covid-19, clients of RoFX- the robo-advisor for forex trading, received significant benefits from the volatility of the market.

    Due to the credible algorithms and trust of clients, the services of RoFX are listed among the top Forex managed accounts. Additionally, the pre-IPO of RoFX is also explicitly arranged to target the company’s current clients to earn a stature in the market like none. The company is exerting efforts to equip traders with the best possible trading options, so the robo-advisory investing software will be all set for IPO in the first quarter of 2021. The expert, common with the negotiation process, exposed that RoFx is about to go public as the company became Warren Buffet’s acquisition target. Berkshire is in the discussion for purchasing the RoFx majority stake.

    The Ideation Behind RoFX

    A group of developers and Forex traders came together to develop an AI-driven robot to provide top-notch financial advice. Their efforts turned out to be successful in 2009. At first, the developers used their private funds to realize their dream. But over the years, the software earned massive profits, and they considered making it available for public use in 2010. They soon achieved the milestone of getting more than 50,000 active clients worldwide, as per the company’s information. Today, RoFX operates in Miami, USA, and Hong Kong, having headquarters in London, UK. 

    In 2016, the combined research from three universities outlined that “Computerized algorithms trading is becoming the dominant technology in the field on trading for financial markets in the machine age.” Their words came into realization in the following years, and automated trading operations replaced manual order execution and data analysis. It was possible because of AI technology development. It led RoFX to set benchmarks in the market as well. As RoFX operates as a software provider, it isn’t regulated directly by financial authorities. However, its association with top-notch American, Asian, and European brokerage firms is proof of its legitimateness. 

    The Competitve Edge of RoFX 

    The returns that traders get from RoFX are inimitable. You will get a higher share in daily profits and losses; the latter is backed by substantial risk coverage. Apart from this, 24/7 support and the reliable algorithms of the robo-advisory system bring significant outcomes from the investment. 

    Convenient Trading Option

    RoFX manages clients without any discrimination. It offers an effective mechanism and user-friendly interface to provide the best user experience. The algorithms make the trade easier for both cryptocurrency and Forex fanatics. The multi-currency funding enables everyone to trade and take out the profits with daily, weekly, monthly, and total withdrawal features. 

    Resilient Risk Management

    RoFX doesn’t leave clients in the middle of anything. The reserve funds are always there to compensate for any negative trading results. The stop-loss reduces risk, and the high-end algorithms provide the best financial advice to traders. AI robot, loss coverage guarantee, and the reserve fund, help RoFX revolutionize risk management in the field of Forex trading. 

    RoFX is for Amateurs As Well As Experts

    Traders of forex market need sufficient knowledge and expertise to earn significant profits. However, this isn’t the case while trading through RoFX. Amateurs and experts can make huge profits without spending hours in front of the computer screen. Artificial intelligence in the field of forex trading is a boon for amateurs. There isn’t any need to have prior experience and analyzing abilities to be successful. Traders don’t need to try various investing strategies as the AI algorithms will devise the best way to do so. This is one of the most compelling reasons to choose a machine learning algorithm because it will automatically synchronize the trading signals with the best suitable strategy. 

    Customer-centric Approach

    Robust risk management, ultimate client support 24 hours a day and 7 days a week make it the best choice. RoFX also ensures that the information collected from the clients will be secure. However, the main reason for expanding customer reach with each passing day is the performance fee. The fees vary with the type of account you are signing up for. But to give you a rough idea about the performance fee, it fluctuates between 5% to 50%. 

    Performance  Facts and Figures

    RoFX has devised strategies to take the traders on the path of success. Feedback from clients, verified statistics from a reliable source, and the platform’s website provide evidence that RoFX is the best choice indeed. 

    • Around 81% of the trades on RoFX convert into whopping profits.
    • The long and short approach of the AI adjusts significant forex pairs to provide the traders with beneficial information. The statistics on the platform’s website clearly depicts how sparse investments can translate into enormous profits. 
    • The performance fee range of 5% to 50% enables traders from different backgrounds to invest in forex trading as it stands at 0.38% of the standard profits and losses that the trader earns. The losses are backed up by the reserve funds to ensure traders don’t have to suffer from the loss. 

    Wrapping Up!

    The perfect combination of the Forex trading robot and the loss-coverage guarantee offered by RoFX is revolutionizing the forex trading. Experts, as well as amateurs, can also reap the benefits of trading. Who doesn’t want to have a stable income to live a hassle-free life in this competitive era? RoFX has come up with the ultimate solution to let you earn massive profits from forex trading. You can actively take part in the bidding process with expert advice from AI-driven robots.

  • Can Bitcoin Gambling be a realistic form of income

    Can Bitcoin Gambling be a realistic form of income

    Gambling has been around for centuries and will always stay a constant part of human nature. It’s full of adrenaline, it’s fun and it actually can bring realistic income. There are tons of examples of people truly gambling for a living, making money every month due to their skill and knowledge. It’s hard to reach this level of expertise as a player, but it’s certainly possible. When it comes to such players, Bitcoin Gambling seems to be the best solution because of certain characteristics that come with the use of the popular virtual currency. Recent events have shown that it might be a good idea to invest, and if you’re an enthusiast of casinos, make it through the BTC gambling. 

    How did Cryptocurrencies become so popular?

    Right from the get-go, at the moment of Bitcoin’s inception, some people realized the potential that this virtual entity possessed within itself, actually, the first ones were probably Bitcoin Gambling websites. As time progressed and BTC started becoming more mainstream, the investment world turned its attention to the emerging cryptocurrency. Around that time the boom of the BTC happened and its price clocked at around $20K, making it an almost overnight sensation. After this famous event, the whole world learned about its capabilities and many realized that was money to be made through the emerging technology.

    Cryptocurrencies during the pandemic?

    While Bitcoin Gambling was getting more popular, the 2020 global pandemic happened and shocked the whole world with its heavy blows to the economy. It didn’t faze crypto casinos though, due to the connection with Bitcoin, which was only thriving in the economically devastating times. While everything else was being devalued, BTC was only getting more expensive, rising from approximately $6K to $11,000. This is where gamblers understood that Bitcoin Gambling can be a definite form of creating real income. 

    How to earn money through BTC Gambling?

    The fact that the value of BTC is almost always rising is one major factor that prompts people to turn towards Bitcoin Gambling. The simple fact is that during the gameplay, your asset keeps on accumulating even by itself. In order to truly be able to make a monthly income from BTC Gambling, you got to become really skillful at it. The second requirement is to find a Bitcoin Gambling website that gives you a fair chance to win, while at the same time providing the best deposit and cashback bonuses, lots of free spins and so forth. This will increase your chances to win tenfold.

  • Ethereum Casinos gaining popularity

    Ethereum Casinos gaining popularity

    The undisputed king of cryptocurrencies when it comes to both investment and gambling industries is Bitcoin but coming in at close second place is always Ethereum. ETH Casinos have been around for quite some time now, and they’re gaining more and more popularity each year. There are reasons behind this rapid rise and they are directly correlated to the advantages of the Ethereum Casinos. These advantages are fairly similar to the ones that BTC brings to the table, although there are some even better attributes that only ETH Casino participants can boast in their everyday gameplays. So, why is Ethereum Gambling gaining so much popularity in recent years and why should you definitely give it a go?

    Ethereum Casino’s Familiar Advantages

    Just like the BTC, ETH gives the players certain benefits that no other form of gambling even remotely can come close to. The first and foremost is of course the amazing speeds of transaction that can only be achieved using cryptocurrencies. Both Deposits and Withdrawals happen unbelievably fast, compared to the classic casinos that take days to finalize transfers, due to intermediation from the banks. ETH Casinos enjoy the higher levels of security due to the decentralized design of cryptocurrencies, which are almost impossible to hack or tamper with. Last but definitely not least is the anonymity of the Ethereum Casino. While playing, all your information stays completely hidden from any third-party interference, making you invisible to unwanted attention. 

    Difference Between BTC and ETH Casinos

    Although fairly similar, ETH Casinos and BTC have slight differences, where Ethereum takes the game to even bigger heights. Both of these cryptocurrencies are lightning-fast, but Ethereum is even faster. It takes half of the time that BTC requires to finalize the transaction. We are talking about the literal minutes, and sometimes even seconds. This is due to the second difference, which is the smart contracts. SC is the revolutionary exclusive of the ETH which serves as a digital contract between the Ethereum Casino and the players for the transactions.

    Where to find the best Ethereum Casinos?

    It’s all about the reputation in the gambling industry and of course the offers that various Ethereum Casinos provide to their players. It’s easy to find certain review websites that pit ETH Casinos against each other and inform you about the in-depth details about the top casinos of the industry. All you have to do is choose the best option for yourself and start playing.

  • The Difference Between Coins and Tokens

    The Difference Between Coins and Tokens

    In simple terms, a coin is a cryptocurrency that has its own blockchain. Coins are usually created for new purposes and they are inspired by innovative ideas.

    In contrast, a token is a cryptocurrency that doesn`t have its own blockchain. Tokens exist on top of a blockchain that has another native coin. For example, MKR is a token on the Ethereum blockchain, which already has a native coin called ETH.

    The most popular blockchain for issuing custom tokens is Ethereum. Most of them are created in compliance with ERC-20, which is a special standard in the Ethereum ecosystem.

    The cryptocurrency space is very risky. Entering this volatile market requires knowledge and education. You have to know about different kinds of cryptocurrencies like coins and tokens. When you have deep knowledge about this space, you can trade or invest in a safer way and risks will be reduced to a great extent.

    You have probably heard about Bitcoin, but there are many different altcoins and projects in the blockchain world. Blockchain is the technology behind bitcoin and many other cryptocurrencies. Generally, all cryptocurrencies that are not Bitcoin are referred to as “altcoins”. Ethereum, XRP, Litecoin, TRON, and EOS are among the top altcoins of the crypto space.

    What is a coin?

    A coin is a cryptocurrency that has an independent blockchain. Coins usually have a wide network and these networks are designed for special goals. ETH is an example of a coin. Ethereum is a smart contract platform that allows users to create a wide variety of blockchain-powered applications. Coins are often inspired by past technologies or other cryptocurrencies and combine them into a new network with unique capability. XRP, Litecoin, Dash, and Cardano are examples of coins.

    What is a token?

    Tokens are designed on top of existing blockchains like the Bitcoin blockchain or the Ethereum blockchain. A token can be created by anyone. All you need is a little bit of cryptocurrency, an existing blockchain, and some coding knowledge.

    Tokens are normally designed for use in very specific applications. Bancor, PowerLedger, and Basic Attention Token are some examples of tokens.

    Final thoughts

    At the moment, most blockchain-based projects are using Ethereum to create their tokens. There are many ERC-20 tokens in the blockchain space these days. Creating an ERC-20 token has a lot of advantages for the project compared to other options. ERC-20 tokens can easily be integrated with other Ethereum-based apps, giving the tokens more potential to achieve high liquidity and utility. A cryptocurrency exchange is required for converting coins between each other, but tokens can often be swapped directly on the blockchain. Understanding the difference between coins is one of the key steps when you are getting started with the complex world of cryptocurrency and blockchain technology.