Kategorie: Crypto News

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Join the Fun: The Benefits of Playing Crypto Casino Games in 2023

The world of online gambling has been dramatically changed by the integration of cryptocurrencies. Crypto casino games offer players a new level of excitement and the opportunity to win real value as they play. 

In this article, we take an in-depth look at the benefits of playing at a crypto casino and why now is a good time to start. From the ability to play anonymously to the security and fairness provided by blockchain technology, crypto casino games offer a unique and highly rewarding experience. 

Whether you’re a seasoned player or just looking for a new type of entertainment, this article provides a comprehensive overview of why you should start playing cryptocasino games in 2023 on the best crypto gambling in the US.

Experiencing the Future of Online Gambling: The Benefits of Cryptocurrency

Cryptocurrency is changing the world of online gambling by allowing players to bet using digital currencies such as Bitcoin, Solana or Ethereum. This is made possible by the use of advanced blockchain technology. As more and more players become familiar with the benefits of using cryptocurrency for gambling, they are quickly gaining confidence in this innovative technology. 

Today, we’ll cover some of the key benefits of using cryptocurrency for online gambling, including increased security, anonymity and honesty. Join the future of online gambling and find out why using crypto currency is the way to play.

Anonymous Transactions in Online Casinos

Cryptocurrency transactions provide increased anonymity compared to traditional online casino payment methods. When using cryptocurrencies such as Bitcoin, players do not have to provide personal information such as name, address or credit card details. Instead, transactions are made through unique digital addresses, making it difficult for third parties to track the transaction. 

This anonymity is especially attractive to players who value their privacy or are concerned about the security of their personal information. In addition, anonymous transactions can help players avoid online gambling restrictions imposed by certain countries or regions. 

Overall, cryptocurrency offers a more secure and private option for online casino transactions.

Lower Transaction Fees

Another advantage of using cryptocurrencies in online casinos is the lower transaction fees compared to traditional payment methods. 

When using cryptocurrencies, transaction fees are usually only a fraction of the fees charged by traditional payment methods. This is because cryptocurrencies operate on a decentralized network, which eliminates the need for intermediaries and reduces transaction processing costs. 

In addition, some cryptocurrencies, such as bitcoin, have a fixed number of units that can be mined, resulting in less inflationary pressure and making the currency more stable. This stability, combined with lower transaction fees, makes cryptocurrencies an attractive option for players looking to minimize the costs associated with online gambling. 

Overall, lower transaction fees and the potential for increased financial stability make cryptocurrencies a worthy option for online casino players.

More Fair Games

Crypto Casinos offer a unique gaming experience that is much more attractive than traditional casinos. Unlike traditional casinos, crypto casinos use blockchain technology to offer provably fair games, where players can verify the fairness of each game result. This gives players more peace of mind and a higher level of trust in the games offered. 

In addition, cryptocurrency casinos often offer a wider variety of games, including games not typically found in traditional casinos. These games often feature innovative themes, graphics and game mechanics that are designed to provide a more exciting and engaging gaming experience. 

And as mentioned above, crypto-focused casinos often offer faster payouts, increased privacy and security, and the ability to play games from anywhere in the world. All of these factors contribute to a cooler gaming experience that traditional casinos don’t have. 

You can always choose your crypto slot on Coinplay and have some fun on our fair games!

Are all Casinos Switching to Crypto?

No, not all casinos accept cryptocurrency as a form of payment. While cryptocurrencies have become widespread in the gambling industry in recent years, there are still many casinos that only accept traditional payment methods such as credit cards, bank transfers and e-wallets.  

The decision to accept or not accept crypto payments often depends on various factors, including the jurisdiction in which the casino operates, the specific cryptocurrency in question, and the casino’s overall digital currency policy. 

However, given the growing popularity of cryptocurrencies and their potential for increased security and convenience for players, it is likely that more and more casinos will begin accepting cryptocurrencies in the near future.

Coinplay

Coinplay is the best choice for crypto gambling in 2023 for a number of reasons. Coinplay offers a wide range of games from leading providers, including a whole list of innovative games, as well as classics such as baccarat, poker, blackjack and roulette. Coinplay games ensure that players have access to the latest and greatest games in the industry. 

The platform also uses advanced blockchain technology to ensure the honesty and transparency of all games. This gives players the confidence that the platform is trustworthy. Additionally, Coinplay offers fast and secure transactions, as well as a user-friendly interface that makes it easy for players to start playing. 

Coinplay regularly offers players competitive bonuses and rewards, which further encourages them to try their luck on this platform. With its combination of top-notch games, cutting-edge technology and competitive bonuses, Coinplay is the top choice for crypto gambling in 2023.

The post Join the Fun: The Benefits of Playing Crypto Casino Games in 2023 appeared first on CoinJournal.

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Tether claps back at WSJ over “stale” FUD

  • Tether calls Wall Street Journal’s claims “stale allegations from long ago.”
  • The USDT issuer noted in a recent blog post that it adheres to all regulatory and legal requirements around KYC, AML and Counter Terrorism Financing.
  • Tether says FUD will not distract it from its role as the leading stablecoin.

Tether, the company behind the world’s largest stablecoin Tether (USDT), has repudiated a recent report about it and Bitfinex as “wholly inaccurate and misleading.” Bitfinex is a leading crypto exchange with ties to the USDT issuer.

On Friday last week, The Wall Street Journal published a report that claimed Tether and Bitfinex had used phony documents and entities to gain and maintain access to bank accounts. 

Per the report, the fake documents allowed the cryptocurrency companies to access banking services that would otherwise have not been extended to them.

Tether says WSJ report is “misleading”

Tether dismissed the allegations by the Wall Street Journal in a blog post published on 3 March. Striking back at the media outlet, Tether said the report had brought out “stale allegations from long ago,” and noted the claims against it were misleading.

Accordin to Tether, just as Bitfinex, its operations are anchored on “world-class compliance programs.” 

Specifically, the two companies have and continue to adhere to all the applicable Know Your Customer (KYC), Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements.

As well as adhering to the above legal requirements, both platforms have partnered with global law enforcement to further compliance and help the broader crypto ecosystem, Tether noted. This includes voluntarily working with the US Department of Justice and multiple other law enforcement agencies across the world to combat money laundering and terrorism.

As for the WSJ report, the team says it is yet another attempt at using FUD (fear, uncertainty and doubt) against it. However, this “unfair attack” won’t distract Tether from its role within the crypto industry – which is to continue being the most liquid and most reliable stablecoin.

Bitfinex and Tether CTO Paolo Ardoino slammed the WSJ as being obsessed with spreading FUD about the two crypto companies. He tweeted the sentiments while at the PlanB anniversary in Lugano, Switzerland.

The crypto market reacted sharply to the Tether news, with the price of Bitcoin plummeting further after another sell-off linked to another news development around the Silvergate Bank. BTC price nosedived to lows of $22,000 before seeing a minor bounce over the weekend.

Although the Tether team did not comment on the impact on markets, they noted that the company does not have exposure to Silvergate. 

The post Tether claps back at WSJ over “stale” FUD appeared first on CoinJournal.

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Bullish Bitcoin Price Indicates Crypto Market Recovery – Smart Investors Back AltSignals’ New ASI Token

With Bitcoin’s price making a resurgence, investors are gearing up for a bull market in 2023. Crypto signal providers are seeing renewed interest thanks to their ability to save investors time and money by pinpointing the best entries. Many savvy traders continue to recommend AltSignals as the go-to platform.

Thanks to its sterling reputation, AltSignals’ recently announced ASI token presale is expected to be huge. In this article, you’ll find out why AltSignals is so highly regarded and why its ASI token could elevate the online trading experience for investors all across the globe. 

Bitcoin Price Revitalized, Prompting Investors To Check Out AltSignals

It seems like a risk-on mood is back in the markets. With the Fed expected to slow down or reverse interest rate hikes this year, investors have been loading up on crypto before the next bull cycle begins. 

Since the start of 2023, Bitcoin’s price has risen almost 47% from around $16,500 to a high of approximately $24,250 in early February. This rapid ascension in Bitcoin’s price has accompanied a surge in interest in online trading, leading many investors to start looking for the best crypto signal providers to boost their profits. One name that has regularly cropped up is AltSignals. 

What Is AltSignals?

AltSignals is a leading name in the crypto signals industry, established in 2017. It uses a team of market experts and professional traders to combine technical and fundamental analysis with its in-house algorithm, AltAlgo™. As a result, AltSignals has earned a reputation as one of the most reliable and profitable signal providers out there. 

This reputation is quickly validated when looking over their stats. Over 52,000 traders rely on the 3,700 trade calls it has produced since its launch, with the platform holding a 4.9/5 rating on Trustpilot after receiving nearly 500 positive reviews. The actual trading results speak for themselves: AltSignals has returned over 10,000% in 19 out of 32 months on record.

AltSignals’ ASI token is projected to attract a new wave of attention to the AltSignals platform. This is due to the excellent benefits ASI will offer holders that will help them make the most out of their online trading journey. 

How Is ASI Expected To Change the Online Trading Game?

ASI is an Ethereum-based token that will act as the fuel for the AltSignals ecosystem. Its primary use case will be to access and receive signals from the upcoming ActualizeAI algorithm. This algorithm will boost AltSignals’ accuracy further thanks to a comprehensive AI stack, which includes machine learning, predictive modelling, and sentiment analysis. For ASI holders, they’ll be the first in line to experience the power of this new algorithm. 

Holding ASI will also grant exclusive entry into the ActualizeAI Club, where users can play an active role in giving feedback and helping to test the ActualizeAI algorithm in return for early access to the latest upgrades and earning ASI tokens. In the process, they’ll work directly with the AltSignals team to improve their products and optimize the signals produced. 

ASI will become the platform’s governance token, allowing users to vote on new upgrades, partnerships, and more. They’ll also be able to set the token’s buyback and burn rate, which will help to restrict the supply of ASI over several years and potentially lead to price appreciation.

The Long-Term Outlook for ASI

The ASI token is predicted to see exceptionally high demand, with many projecting that the ASI presale will sell out rapidly. Traders are expected to flock to the token when they find out it grants access to the ActualizeAI algorithm and Club.

This group alone could easily send ASI skyrocketing as traders rush to become part of an elite group dedicated to building one of the greatest trading algorithms the world has ever seen.  This spirit of collaboration and mutual support will set AltSignals apart from other signal providers and is set to be a major contributing factor in the success of the ASI token.

Consequently, several analysts predict that ASI will climb well beyond its final presale price of $0.02274, with some forecasting that $0.50 is easily achievable by the end of 2023. If $0.50 is reached, investors could be up almost 2,100% in just under a year – far beyond what any Bitcoin price prediction could hope to attain. 

Should You Invest in ASI?

As Bitcoin’s price continues to grow and the bull market heats up, AltSignals will likely see a massive surge in interest. Thanks to the ActualizeAI algorithm and the platform’s proven reputation, its ASI token will likely be one of the lucky few that return life-changing gains in 2023. 

The beta sale price of $0.012 seems exceptionally undervalued, so expect this first phase to sell out quickly. If you’re thinking of getting involved, be sure to visit their presale website. 

You can participate in the AltSignals presale here.

The post Bullish Bitcoin Price Indicates Crypto Market Recovery – Smart Investors Back AltSignals’ New ASI Token appeared first on CoinJournal.

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Kraken confirms plans to launch its own bank

  • Kraken says the crypto bank is on track for launch.
  • The crypto exchange will initially offer the Kraken Bank services to customers in the US.
  • The launch of a new crypto-friendly bank comes at a time the crypto bank Silvergate continues to falter after the collapse of FTX.

Kraken will soon be launching its own bank, the cryptocurrency exchange has confirmed.

A tweet from the official Kraken Support account noted the Kraken Bank was on track and will initially be available to the crypto platform’s customers in the US.

Crypto publication The Block also highlighted the news on Monday morning, citing details from Marco Santori, the chief legal officer at Kraken.

Kraken to launch crypto bank

Kraken says plans for its Wyoming-based crypto bank is an initiative that followed it being granted the Special Purpose Depository Institution, or SDPI approval. The exchange was thus the first crypto company to receive a US state banking charter.

The exchange’s plans for a bank comes as the crypto sector navigates the latest episode of a crypto-related downturn as crypto-friendly bank Silvergate wades through a difficult time. The US-based crypto bank has continued to witness financial gloom since the collapse of crypto exchange FTX.

Kraken itself has also been under increased regulatory pressure, recently agreeing a multi-million dollar settlement with the US Securities and Exchange Commission (SEC) over the exchange’s staking services.

The SEC has also increased its regulatory actions against crypto companies, with stablecoin issuer Paxos one of those facing the agency’s charges. Crypto lender Nexo also recently agreed to a settlement with the SEC a few weeks after announcing a phased out exit from the US market.

The post Kraken confirms plans to launch its own bank appeared first on CoinJournal.

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BTC price: Bitcoin sees “boring action” with only $17.8M in weekly net flow

  • Bitcoin on-chain exchange flows were $4 billion in and $4 billion out last week, Glassnode data shows.
  • Crypto analyst Michael van de Poppe highlights BTC’s “boring price action” as bulls struggle above $22,000.
  • BTC price saw downward action last week following a series of negative market related news.

The global cryptocurrency market cap remains above the $1 trillion mark, with the past 24 hours seeing roughly 0.6% in downward change. The global trading volume in the last 24 hours is around $38.9 billion.

But while Bitcoin (BTC) dominance hovers at 40.4%, the price action has weirdly remained more like a stablecoin. As noted on Sunday, Bitcoin managed to bounce off the $22,000 low reached as markets reacted to news related to Silvergate and Tether (USDT).

Bitcoin price continues to hover above $22k

Weekly on-chain exchange flow, a metric that shows the difference in BTC volume flows onto and off exchanges, points to the aforementioned flat action for Bitcoin price. The net flow aligns with the largely doji candlesticks the leading crypto by market cap has witnessed since last week.

Popular crypto analyst and trader Michael van de Poppe has highlighted the “boring price action” for Bitcoin since last week’s sharp retreat.

According to the analyst, BTC is still poised for a fresh bounce higher as bulls hold above key support. He also points to equities and notes a bounce for indices is likely to cascade into the crypto market. However, if a new “sweep of the lows” to $21,500 fails to hold, it could spell further losses for BTC.

BTC sees $17.8 million in weekly net flows

As for the net flow, data from on-chain analytics platform Glassnode shows about $17.8 million in net flows, with $4 billion in inflows and roughly $4 billion in off-exchange flows last week.

The net flow for Ethereum, the second largest cryptocurrency by market cap and with over 17% of market dominance, was about $423.8 million. The leading altcoin’s exchange flows was $2 billion in on-chain inflows and $2.4 billion in outflows this past week.

On the other hand, the leading stablecoin Tether (USDT) saw weekly net flows of about 160 million, with total $6 billion flowing into exchanges and $6.2 billion withdrawn.

The post BTC price: Bitcoin sees “boring action” with only $17.8M in weekly net flow appeared first on CoinJournal.