Day: January 5, 2021

Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin

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A top gambling tech company has patented a way for bitcoiners to pay for their next digital roll of the dice with cryptocurrency. International Game Technology Plc, which builds slots and other tech for casinos, has yet to reveal any plans to integrate bitcoin, bitcoin cash and ether into its tech. But its new patent awarded Tuesday covers a means for HODLER-gamblers to pay for their bets with any of the three. As described in U.S. Patent and Trademark Office filings, users of IGT’s method would be able to transfer…

Hegic, Loopring, and FTX Token surge higher as Bitcoin price recovers

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Bitcoin price may have taken a temporary breather but the sharp correction below $30,000 did little to dismay the bullish sentiment of crypto market participants. The CME Bitcoin futures market reached an all-time high volume at $2.7 billion on Jan. 4 and the same day, LMAX Digital also achieved a record-high at $2.62 billion in traded volume. This huge surge in trading activity suggests institutional investors are continuing to invest in Bitcoin (BTC).  Crypto market data daily view. Source: Coin360 Due to institutional adoption, analysts believe that Bitcoin could rally…

BIGGEST BITCOIN SIGNAL IN YEARS & XRP WARNING!!!!!!!!!!!!!!!!!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN FLASHES THE BIGGEST WARNING SIGNAL EVER!!!!!!! HUGE RED ALERT FOR RIPPLE XRP HOLDERS!!!!!!!!!! **I will NOT contact you about marketing, that is a SCAMMER!**  Beware of scammers on LinkedIn, Telegram and Twitter – the email below is the only account that I use! EMAIL on YouTube About Page To appease money-hungry lawyers and irresponsible people, it should be known that I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am merely educating and entertaining. What you do with your own…

States sue the OCC and Brian Brooks for overriding their controls on predatory lending

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Eight states and the District of Columbia are suing the national bank regulator over a rule change that just came into effect. Per a Jan. 5 filing, New York’s attorney general is leading the charge against the Office of the Comptroller of the Currency and current Acting Comptroller Brian Brooks.  Back in October, the OCC laid out its “True Lender” rule, which took effect at the end of December. The rule dictates that a loan that includes a national bank as a lender can therefore rely on the OCC’s national…

David Hoffman: Ethereum: The Last Bastion for Yield

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In the legacy financial world, yield has dried up. Yields on U.S. Treasury bonds have never been lower. The 10-year Treasury bond now offers you a less than 0.9% return. At around 2.1%-2.3%, AAA corporate bonds aren’t doing a whole lot better. Knowing this, while also hearing about the Federal Reserve’s strong intentions to get inflation above 2%, it’s no wonder investors are ditching low-yielding assets and getting into more speculative investments. People are allocating capital in increasingly distorted ways. How else are they going to get a return?  David…

Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence

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Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the mid-term will likely depend on whether Bitcoin once again starts rallying independent of the rest of the market If altcoins cede some of their strength in the short-term, it could fuel a rise past all-time highs Although BTC’s price is…

This Eerie Ethereum Fractal Suggests The Top Is In… For Now

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Once Bitcoin finally began to cool off, capital began to flow into Ethereum causing an enormous breakout. The rapid rise took the altcoin to an over 50% increase in just two days, but a selloff stopped the token’s booming trend in its tracks. Crypto is bullish, and more upside cannot be ruled out. But a fractal that closely mimics the rise the altcoin experienced from 2018 to 2019 has been discovered. And if the fractal acts as a roadmap of what to expect, the top might be in for the…

Elrond Research Report Suggests EGLD Is Significantly Undervalued

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A critical phase in Elrond’s evolution over the coming year will be the launch of Maiar, the first app to debut on the network. An independent report on Elrond’s blockchain network has concluded that the native asset EGLD could be undervalued by 212%. Using a range of metrics to compare the token’s valuation against that of comparable smart contract networks, the Picolo Research report suggests that EGLD could have a lot more room to grow, particularly in light of the attractive APY offered for staking. Independent Review Awards Elrond Gold…

Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

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The “kimchi premium” has returned. Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging in that country. However, analysts and traders warn that certain market players could take advantage of arbitrage opportunities, resulting in short-term price volatility. The “kimchi premium,”  named for a popular Korean pickled side dish, also helps to explain why bitcoin prices drop during Asia’s trading hours – some traders sell bitcoin at higher prices on South Korea-based crypto exchanges. As of press time, bitcoin’s “kimchi…

Blockchain Gaming Data | The rise of MATIC?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #matic Jon Jordan breaks down each blockchain by its gaming activity and suggests Matic Network as one to watch in 2021. Data from DappRadar. Check it out at ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version