The post GALA Price Signals A Bullish Action! Gala To Surge 50% Post Halving? appeared first on Coinpedia Fintech News With the next Bitcoin Halving only 102 Blocks away, the cryptocurrency industry has entered into a consolidation phase, indicating weak buying and selling pressure in the cryptocurrency industry. Moreover, the market leader, Bitcoin price, continues to trade close to its support level at $61,000. The Gala token has lost 25.23% within the past seven days and 20% over the past 30 days, indicating a bearish outlook for that altcoin this month. positively, the Year-To-Date (YTD) of this token stands at 45.49%, indicating a high possibility of a bullish reversal during the upcoming months. Gala Price Hints At A Bullish Reversal! The Gala price started in the year 2024 with a neutral sentiment by trading in a closed range between $0.020 and $0.0286 for about two months. As the bullish influence in the market increased, top altcoins displayed a strong bullish reversal by adding significant value to their respective portfolio. TradingView: GALA/USDT Following the pump, the GALA price recorded a surge of approximately 300%, after which the price faced rejection at the resistance level of $0.08285. Since then, the price has been trading under a bearish influence. Positively, the Gala token has recorded a jump of 10% within the past day, indicating a high possibility of a bullish rebound during the upcoming week. The technical indicator, MACD, displays a constant decline in the red histogram, indicating a decrease in the selling pressure within the crypto space. Moreover, the averages show a flatline, highlighting uncertainty in the future price action of this altcoin. Will GALA Price Increase? If the market breaks out of its resistance at $0.0475, the bulls will regain momentum and test its upper resistance level of $0.0585. Moreover, if the market favors the bulls after Bitcoin Halving, the GALA price will be prepared to test its upper resistance level of $0.07 during the upcoming week. Conversely, if the bears overpowered the bulls, the Gala coin price would lose momentum and fall to test its crucial support level of $0.020 this month.
The post TON Price Sustains Uptrend Against Bearish Tide, Eyes $10 appeared first on Coinpedia Fintech News With hours left for the Bitcoin halving, the altcoin industry shows a breeze of bullish relief. Despite the BTC price standing at $62,000 levels, the TON price sustains an uptrend against the supply inflows. As the higher low formation prolongs with a solid support trendline in play, the Toncoin is ready for a surge. With the recovery rally leading to a potential breakout event, the altcoin could hit the $10 mark this month. Breakout Rally For Toncoin Tradingview The bull run in the TON price trend has caused a massive 180% jump in the last 45 days. This bullish sprint leads to a solid support trendline, which provides multiple reversal contacts in the 4H chart. The resilience to sustain an uptrend in the backdrop of broader market correction reflects solid demand for Toncoin. As the buyers are ready to pay a premium for the altcoin, the altcoin aims to resurface above $7. The recent bounce back from the support trendline concludes the minor pullback due to the supply inflow above $7. With this reversal, the breakout entry opportunity is intriguing the sideliners in Toncoin. Technical indicators: EMAs: The bullish trend in the 50 and 200 EMA in the 4H chart sustains the uptrend, providing dynamic support for the altcoin. RSI: The 4-hour RSI slope shows a quick reversal from the oversold zone to almost the 70% barrier, indicating a rise in the underlying bullishness. Will TON Price Hit $10? Considering the Bitcoin halving improves the broader market sentiment, the TON price shows a high likelihood of a high momentum uptrend. The bulls are ready for another surge as the altcoin breaks the short-term resistance trendline. As per the trend-based Fibonacci level, the uptrend could hit the $9 mark at the 2.618 Fib level. Optimistically, the breakout rally, coupled with market recovery, could aim for the psychological mark of $10.
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
The post With Bitcoin Halving Few Hours Away: Bitwise CEO Predicts Bitcoin Price To Hit $100k Soon appeared first on Coinpedia Fintech News With just 15 hours remaining until the highly anticipated Bitcoin halving event scheduled for today, April 19, excitement is palpable in the cryptocurrency world. Bitwise CEO Hunter Horsley has added fuel to the fire with a bold prediction, suggesting that Bitcoinâs price could soar to $100,000 after the halving. Simultaneously, amidst rising geopolitical tensions between Iran and Israel, another analyst predicts that Bitcoinâs price could dip to $55,000. Bitcoin Next Stop To $100k In a recent tweet, Bitwise CEO Hunter Horsley expressed his belief that many people are underestimating the potential impact of the upcoming Bitcoin halving. He argued that the market has never fully priced in the halving event before, and he anticipates a similar scenario this time. I think people are dramatically underestimating the halving. The market has never priced it in before, and won't have priced it in this time. For the prior 3 halvings, after investors spent months discussing if it was priced in, here's what happened in the 12-months afterâŠâ Hunter Horsley (@HHorsley) April 19, 2024 Horsley provided historical data from the three previous Bitcoin halvings to support his assertion. He noted that in the 12 months following each halving: In 2020, Bitcoinâs price increased by 5.4 times. In 2016, Bitcoinâs price surged by 2.8 times. In 2012, Bitcoinâs price skyrocketed by a staggering 88 times. Based on this historical trend, Horsley suggested that a $100,000 Bitcoin price is potentially within reach, representing a 67% increase from its current value. Promising Outlook for Bitcoin Horsley highlights that the impact of the halving depends on two key factors: the presence of consistent new demand and the reduction in the daily availability of natural sellers. From his perspective, he sees a promising outlook for both factors in 2024, indicating a setup for a significant and impactful halving event. Bitcoin Bulls Defending $60K Level In between the bullish outlook, a prominent crypto trader Zia Ul Haque highlights key technical levels to watch amid geopolitical tensions. He observed that Bitcoin bulls are attempting to defend the crucial support level of $60,000. Bitcoin's current price action with technical levels.The bulls are trying to defend the 60K level but if they fail to hold amid geopolitical tension, we may visit the 55K level.Further escalation in war will bring more panic sell-off.Keep some bids lower on altcoins. pic.twitter.com/Yah6RHEX1yâ Zia ul Haque (@ImZiaulHaque) April 19, 2024 Haque warned that if they fail to sustain this level amidst ongoing geopolitical tensions, Bitcoinâs price may drop to $55,000 and could further amplify the sell-off across the cryptocurrency market. As of now, Bitcoinâs price is trading at $62,023 with an increase of 1.55% over the past 24 hours. Additionally, Bitcoinâs market cap has surged to $1.22 Trillion.
The post Unlocking the Best Crypto Casinos for Canadian Players: A Comprehensive Guide appeared first on Coinpedia Fintech News In the ever-developing sphere of the web-leader gaming of cryptocurrencies, there has been an overthrow in network security, anonymity, and convenience. Since the days of different gambling brands seeking to impress their audiences, a growing number of Canadian players are into online gaming and using crypto transactions. We look at the best-to-best 10 Canadian crypto casinos in this all-inclusive guide. We compare platforms with their characteristics, games, bonuses, etc. Canadian players are becoming more prominent in the dynamic world of online gambling by utilizing cryptocurrencies as their source of funding for casino accounts. With features like fast transmission, top security, and confidentiality, crypto deposits have an advantage over bank deposits. Best Crypto Casino in Canada:Â Celsiuscasino: Best overall & First-deposit bonus Wildtornado: Best casino game variety Unlimitcasino:Â Best progressive jackpot pokies Cryptoboss: Best progressive jackpot pokies Winz: Best first-deposit bonus Artcasino: Best free spins offer Thorcasino: Best for newbies Mondcasino: Best for mobile users Kingamo: Best live dealer games Bitdreams: Best for classic table games Bitcoin: The Pioneer Cryptocurrency No matter what, bitcoin, the first cryptocurrency, is well-loved by Canadian players as a deposit tool for their casinosâ accounts. While well-known for security measures and decentralization of Bitcoin transactions, these are the game changers for players, which is impossible with traditional banking methods because they offer them security and privacy. Similarly, Bitcoin transactions take place fairly quickly, allowing the players to utilize their funds within the game without waiting for the process to be completed. Suppose the player wishes to deposit his Bitcoin at a Canadian casino. In that case, he must use his Bitcoin wallet and buy Bitcoin from one of the cryptocurrency exchange platforms. This way, a Bitcoin player will pay the casino with his wallet address and load the balance as provided on the gaming site. Meanwhile, the transaction will be finished quickly, followed by the start of their gaming entertainment. Ethereum As a cryptocurrency and the most extensive network after Bitcoin, Ethereum impresses investors with several features it holds over Canadian players. Furthermore, Ethereum is renowned for its quick transaction speeds and affordable commission rates. In other words, it provides an opportunity for new gaming ideas. To fund an Ethereum deposit in a Canadian casino, users only need to take the same route as they would for a Bitcoin transaction. They obtain Ethereum from a crypto exchange, transfer it to their Ethereum wallet, and send it to the casino destination wallet address given by the casino. Ethereum transactions are usually processed quickly, so a player can recover an account and start playing with maximum concentration, which can result in maximum winnings. Litecoin:Â Litecoin, the digital âsilverâ of Bitcoinâs âgold,â is another alt-coin widely used by Canadian online gamers. It is known for its lightning-fast processing and low charges; hence, casinos use its service to fund accounts without delays and with fewer of the usual high banking charges. Gamers buy Litecoin from a cryptocurrency exchange and transfer these coins to their casino account by using a provided wallet address. Players can fund their accounts and begin enjoying their favorite games without too much waiting time. Ripple:Â Ripple is an uncommon cryptocurrency that makes cross-border payments and remittances smoother by allowing for united ledgers between digital platforms. Ripple is a great welcome package for Canadian players who deposit funds conveniently into their gaming account from anywhere worldwide, thanks to this facilityâs high speed and low fees. Like any other Ripple deposit, players who deposit at a Canadian casino buy the native Ripple currency (XRP) by visiting a legally renowned crypto exchange. After they have it, they transfer it to their casino account with a designated wallet address. Among Ripple transactions, players benefit the most, as the funds are processed with almost no delay whatsoever, and they start enjoying their favorite games almost instantly. Other Cryptocurrencies and Tokens Lastly, in addition to the cryptocurrencies already mentioned, Canadian casinos also have the option to receive several other types of crypto and tokens, such as Bitcoin Cash, Dogecoin, and Tether, as deposits. Each of the cryptocurrencies involved presents different advantages and features; for that reason, consumers have a wide range of options to choose from when funding their casino accounts. Introduction: Crypto gaming in Canada dominated the rise with its gaming developments. Digital coins like Bitcoin, Ethereum, and Litecoin continue gaining traction. They are rapidly changing the future of online gamblers by helping them enjoy an exciting new way of interacting with the world. Providing benefits that include decentralization, transparency, and security, cryptocurrency payments are transforming the old grounds for online games so players can enjoy state-of-the-art ease of use, privacy, and control over their assets. Recently, cryptocurrencies have become very popular among participants in this industry since this tool allows using other transfer options as substitutes for traditional approaches. Above all, the platforms that make it seamless to ensure the deposits are in crypto have also provided security features and even bonuses exclusively for crypto users. #1 Celsiuscasino.com: The Redefining of the Success Standard celsiuscasino.com depicts the superiority in the field of crypto casinos, whereby clients get a wholesome experience of high-tech gameplay accompanied by impeccable customer service. The portal offers a variety of titles to delight gamers, ranging from table games like blackjack and roulette to sophisticated slots and cutting-edge live dealer action. It enables a new generation of customers to be involved in the world of fun and games on the internet, with security and assurance being critical. Celsiuscasino.com puts transparency and fairness among its pillars of success. The gaming platform implements provably fair technology to guarantee that every game outcome is verified randomly and extends service impartiality. This transparency reinforces trust and acceptance in players, meaning Celsiuscasino.com is a preferred site for sophisticated players. Besides the fact that the online casino site Celsiuscasino.com has an impressive game inventory, the site again initiates the ultimate reward system for the devoteesâ loyalty through many lucrative deals and promotions. From inception to ongoing bonus schemes and VIP rewards, there are just so many odds for players to turn their bankrolls into lucrative gaming sprees. Besides this, customer support is another quality area of Celsiuscasino.com, as it is available 24 hours a day to resolve any question or problem players may have. Whether itâs live chat, email, or phone, the support team at Celsiuscasino.com is available to handle and eliminate any hurdles for the gamer and provide an ideal gaming experience for every gamer. #2 Wildtornado.casino:Â Being up-to-date with recent trends and incorporating crypto strategies into a startupâs business plan is essential. Firstly, Wildtornado. The casino could become the worldâs leading crypto casino with its innovative and thrilling games, striking a perfect balance between innovation and excitement. This platform opens games with a wide range, including traditional games, the latest slots, and live casinos to offer alternatives for every type of player. The navigational convenience makes Wildtornado stand out among many competitors, allowing players to find the games they are looking for and join them without delays. Players could conveniently spend less time and effort in the game library section, setting up their account, or making payments because the game platform is just a click away the faultless play of these games at Wildtornado. The casino boasts gaming and entertainment functions. This casino not only has fantastic game options but also provides players with a plethora of bonuses and promotions that will make them happy by giving them a chance to win more money. One of the exciting things online casinos offers is offers such as welcome bonuses, reload bonuses, and free spins, which make players return for more. The platform also boasts a standout loyalty program that offers comp points as a reward for every bet, and you can use them for cash prizes, gifts, and more. In terms of safety and fairness, Wildtornado. The casino protects clientsâs personal and financial details using the most advanced encryption ever seen by deploying it online. #3 Unlimitcasino.com:Â The show aims to liberalise societyâs standards for people being recognised by breaking the tradition of only honouring those with celebrity status. Unlimitcasino.com is entwined with innovation and performance that gives crypto casinos an unbound experience, making it possible beyond the previous limits and what is possible in the world of crypto casinos. The platform provides a gamut of games in stock, including the classics and the latest cutting-edge blockchain games, so everyone is sure to find a game for their taste. The trait that makes Crouncasino.com distinguishable and unique is its attention to accessibility and inclusivity. The array is adapted for phones that can run favourite games and enjoy them on the move, whenever and wherever the player feels like it. To be more precise, all the available devices, from cell phones to tablets, provide a flawless gaming platform at Unlimitcasino.com. Unlimitcasino.com may be well known for its vast game library, which is also well-reputed, offering rewarding bonuses and promotions to its loyal players. From a welcome package to weekly re-load bonuses and cash-back promotions, one can notice various ways to combine the initial bankroll and extend the session. Unlimitcasino.com, beyond that, focuses on safety and fairness using modern encrypted technology to assure that the playersâ most vital data is secure (codified language). Over and above this, the platform is audited at least once a month, sometimes more often, by one or more independent third-party agencies, whose results are made public and available for scrutiny. #4 Cryptobosscasino30.com: Where Gaming Becomes the Estate. Cryptobosscasino30.com has everything, from a wide range of games to tempting bonuses and promotions. All in all, the platform is the MVP in the field of crypto gaming. The site delivers a collection of games, including traditional tabletop games, modern slot machines, and a live dealer section, making the offer the right one for every player. Cryptobosscasino30.com is among the biggest pluses of the casinoâs user-friendly interface, which makes navigation within the platform simple and easy to use. Allow them to navigate to the game library, access their account settings, and make a transaction in one simple step. This sure-fire user-centred strategy will improve the quality of a game at Cryptobosscasino30.com. Among its outstanding features, the Cryptobosscasino30 website provides players with fantastic games and gives loyal users bonuses and promotions to reward them. From welcome bonuses to reload bonuses and free spins, the word âincentivesâ can be used to grip all these enticements that will make players active and involved. In addition, the website provides a VIP program as a reward for the high rollers who gain access to the best offers and promotions. The main concern of Cryptobosscasino30.com is security and justice. This is because they have taken all measures to ensure the safety of the players as well as the privacy of their users. The platform follows complex encryption principles to ensure playersâ personal and financial data confidentiality because it should always remain secure. Cryptobosscasino30.com also tolls regulating authorities now and then to examine the randomness and fairness of its games. #5 Winz.io: Obtaining a Big Audio Crypto Game is the winning point. Staking and other gambling activities are at the core of Winz.io, where players can gather good prizes in crypto games and win the jackpot. Winz.io invites players to join with its vivid collection of games, extensive bonus features, and variety of bonuses, and it continues to be the site to be on as a result. The vast Winz.io game library is one of its memorable features, with a lot of selection from table classics to modern slots and live dealer options. Be it a blackjack, roulette, or baccarat game, you can always count on the wide range of Winz.io games to reach your goal. Meanwhile, the channel frequently adds new and intriguing games to its menu, providing players diverse choices. Moreover, numerous in-game content releases allow players to visit their favourite destinations now and then occasionally. Winz.io also contributes to such diversity thanks to its high gaming library, and it treats the players by giving them extra winning bonuses and promotions. The range of bonuses and promotions available is genuinely huge. They start with the welcome bonuses and end up with the reload bonuses or cashout perks, all designed to keep you at the gaming table longer. It is said that the company has an advanced VIP program that raises VIPs among high-limit players with unmatched services like personalized account management and fast withdrawals. When Wings refers to matters of privacy and fairness, it deploys modern-grade encryption technology to protect playersâs personal and financial information from theft. The platform is also subject to observing random patterns and audits by third-party agencies for the fairness of games, which in turn gives players confidence and assurance. pe #6 Artcasino.io: Creating a Distinctive and Enthusiastic Gaming Experience Artcasino.io aspires to symbolise the unity of art and crypto gaming and points the way forward in this sphere. This bold step is dedicated to creating a distinctive and intriguing gaming platform that combines art, creativity, and innovation. What is particularly appealing about the platform is the wide variety of games. You can choose between colourful slots and exciting live dealer options, which will make even the most sophisticated casino enthusiasts happy. Artcasino.io is a significant reference point for artistic design, making it stand out among crypto casinos. Our website is designed and coloured creatively to look and feel unique, which is then reflected in all the game graphics. This creates a playful ambience for players in the Artcasino.io gaming environment. The platform works with artists and designers to develop up-to-date games and special promotions, thereby continuously improving its exclusive attributes. In addition to the websiteâs superior games, Artcasino.io provides various bonuses and rewards for customer loyalty. Welcome and reload bonuses do not offer multiple free spin incentives to keep players happy and interested. In addition, the site has a VIP program that provides privileges like a dedicated account manager and private activities for the highest rollers, such as VIP events. Artcasino.io places its primary attention and value on security and fair aspects and thus will always ensure that paying and private artistsâ details will be kept confidential. The platform applies high-end encryption technologies to safeguard playersâ details and revenue, guaranteeing a continual safe level at all times. Furthermore, Artcasino.io runs frequent external testing and audits held by independent third-party agencies to maintain that their games are fair and proper. #7 Thorcasino.com:Â Crypto games can be used to reinforce knowledge and, at the same time, provide a new level of experience that the students can exploit to learn blockchain, crypto, and related trends interactively. Powered by the Norse god Thor, casinothorga.com has taken the strength of blockchain technology and infused it into a matchless casino gaming circle. Featuring a variety of games, from slots to table games, Thorcasino.com enables you to grab as many bonuses as you can. Transactions are so fast that you will get your winnings in the blink of an eye. Thus, this makes every player feel somewhat like a hero. Often talked about, one of Thorcasino.comâs most significant advantages is the immersive theme that takes you to the mythical land of Asgard. From the website design to the casino game graphics, everything on Thorcasino.com is inspired by Norse mythology and the Norse gods so that this gaming experience becomes more involving and exciting for the players. Along with the fabulous games available at Thorcasino.com, some lavish bonuses and promotions are supposed to keep players and attract even more. Starting with the welcome bonus and moving on to the reload bonus and cashback offers, they lure you with the best opportunities you can take to increase your bankroll and prolong your playtime. More importantly, it comes with a VIP Program that enables high rollers to have top-of-the-line benefits, such as a personal account administrator who supervises their site activities and access to VIP-only events. Security and fairness issues are the first things that online casino Thorcasino.com should always think about. So, the privacy and safety of the players are always a priority here. The platform has developed encryption techniques that guard confidentiality and prevent exposure. Also, Thorcasino.com subjects its games to frequent checks conducted by third parties, except for the platform, which will confirm that the games are random and fair. #8 Mondcasino.com: Ahead of the Curve: Earth to Saturn will be a crypto-paradise for all crypto fans One of the companies that delivers those exciting games, attractive bonuses, and excellent customer service is Mondcasino.com, which is at the top of the crypto game market. Using a friendly user interface and smooth crypto deposit, Mondcazino.com can give players high security and pleasure. The catalogue of titles at Mondcasino.com is undoubtedly its most impressive feature and features everything from popular old slot machines to thrilling new variants of modern slots and live casino options. Whether you are a blackjack, roulette, or baccarat fan, you will certainly not lack motivation, as Mondcasino.com offers loads of appealing options. Furthermore, our platform enhances its game choices through regular updates with thrilling and trendy titles, allowing our customers to find what they need. Overall, we ensure that customers find something that always catches their excitement. Moreover, as Mondcasino.comâs game collection is so extensive, the company has taken the initiative to set aside special bonuses and promotions for the players who remain loyal. Bonuses, including welcome bonuses, re-load bonuses, and free spins, are coming frequently and will allow you to push your bankroll and make your game last longer. The Platinum platform offers a VIP program that rewards high-stakes players with unique perks and benefits, including personalized VIP services and the opportunity to attend private and elite events. On the issue of safety and fair play, Mond Casino.com ensures the application of up-to-date encryption techniques so that the playerâs personal and financial details remain secure. The system also goes through regular tests and audits by the independent office of outside parties to ensure that it gives fair and random games to the players, giving them peace of mind. #9 Kingamo.com: Bombing the World of Crypto-based Casinos with Its Display As the King of the Crypto Gaming World, kingamo.com is where crypto gamers rule and play in an entitled style. With the cityâs largest diameter of games casino and excellent welcome bonuses and slots, players treat themselves like royalties on Kingamo.com. The delectable theme of this site contributes to its regal feel, which brings out its air of sophistication and luxury. While the websiteâs design and game graphics are among the things that can be termed elegance and riches at Kingamo.com, the players will love the immersive environment. Moreover, due to its marvellous game diversity, Kingamo.com has excellent bonus points and promotions to appreciate your loyalty to the company. From promotional offers like welcome and reload bonuses to cashback rewards, you can use many perks to add to your bankroll and make your gaming sessions last longer. Besides that, a VIP platform is available that provides entrance to VIP-only events for high rollers and special treatment such as a personal manager or personalised account. Kingamo is committed to keeping security and fair play at the top of its priorities. It concentrates on the safe use of the platform and player privacy. The platform is built based on modern encryption tools and protects information from third parties, whether financial or personal. Moreover, the system prevents collusion and other fraudulent acts via regular testing and audits carried out by independent third-party agencies to ensure all the gamesâ fairness and randomness. #10 Bitdreams.com:Â Imagine immersing oneself in a virtual world, away from the teachings of mathematics, and puzzling about historical dates! Next in line is Bitdreams.com, the most innovative online gaming site that turns gaming fantasies into reality with its unique features, very involving gameplay, and game-like experience. Whether the high-end slots or the exciting live dealer games, this website, dubbed Bitdreams.com, has entertainment for the entire spectrum of players. Bitdreams.com, a platform that seeks to make dreaming a reality, has a true passion for professionalism by being innovative and creative. The platform has a long-standing tradition of working closely with software developers and creators of online casino games to provide players with hours of gaming pleasure, which continues to evolve and break through the outlines of online gambling. The seasoned gambling hall may be brilliant for the themed slot, the renewed culture, or the modern live subject matter with interactive features. Still, it always surprises viewers with something new and attractive. Similarly, Bitdreams.com offers bonuses and promotions to the players to reward their commitment and its incredible virtual machine. Promotions come in many shapes: welcome bonuses, reload offers, and weeks of free spins. All of them augment your budget and increase playing time, which, as a result, gives you more fun. Our platform offers a VIP program that handles high rollers with the most privileged extras, including private account management and access to VIP tours. What is just fair and safe is that Bitdreams ensures top technological encryption systems to secure the playersâ personal and financial information at the stage level. The platform also runs frequent testing and inspections by external authorities to indicate the fair position of the games and, thus, the comfort of the players. Opening up on how cryptographic deposits and withdrawals are working for the clients However, Canadian gamers are privileged to get the ultimate thrill and take advantage of a range of benefits provided by crypto casinos. Players can carry out quick transactions with meagre fees and increased security compared to traditional payment methods through crypto-betting deposit methods. Moreover, âcrypto withdrawalsâ ensure that liquidity and anonymity involved in having no traceability of where the funds are going are guaranteed, thus gaining more confidence from the players. Blockchain has been a game changer for any casino operating in the crypto regime, thereby ushering in a new era in online gambling not just for Canada but worldwide. Faster Transactions: Cryptocurrency enables instantaneous deposits and withdrawals, which is one of the most notable positives about using them in online casinos. Old-school payment methods like credit cards or bank transfers can take several days to execute the transaction, leading to a cash-in or payout delay. Despite this, the wait time in crypto transactions is generally much shorter than that in most banks, resulting in the ease with which players receive their funds back within minutes. Decentralized digital currencies eliminate intermediaries like banks and payment processing systems, which are essential for completing transactions and simplifying sending money from one place to another. Users can top up the balance of the game account using the cryptocurrency method, which is the most convenient and fast compared to traditional banking options. Lower Fees: Using cryptocurrencies for casino transactions has another benefit: fees for this type of financial transaction are minimal compared with those used by banks. Traditional transaction methods are usually subject to the fees of banks, processors, mediators, and others, which free the playersâ winnings from their thrilling gaming and thereby diminish the overall experience. In contrast, crypto transactions usually barely include fees, compared to classic transfers that may charge too much; hence, they become a cheaper option for players. As the transaction fees are lower, players can stretch their gaming budget and keep some of the money they win. This will enable them to play more games without worrying that the monetary charges keep taking their money. Enhanced Security: Information security should be taken to a high level when dealing with online betting, and cryptocurrencies provide unreached security and anonymity that are above the standard of traditional banking systems. Privacy and trust are the keywords describing the cryptographic protocols of cryptocurrencies. They guarantee that participantsâ money is protected from unwanted access by unauthorized persons or the usage of their funds in a fraudulent manner. Crypto casino players can benefit from added security features during deposits or withdrawals, such as encryption and multi-factor authentication, which will help offer increased security of funds and personal data. Furthermore, the distributive paradigm of blockchain technology creates central points of failure and, as such, decreases the risk of hack attacks. Greater Privacy and Anonymity: Privacy is one of the main concerns for almost an entire community of online casino players. Cryptocurrencies have a higher level of built-in anonymity than centralized banks, which provide the highest level of privacy. As opposed to traditional card-based or bank transfer options, which are inseparably linked with our privacy, digital currency provides pseudonymity in the course of your transaction, which helps us conceal our characteristics and identity. Cryptocurrencies now serve as convenient tools for confident gambling. They remove the need to disclose banking information to online casinos while still enabling instant deposits and withdrawals. Each transactionâs information is saved on the shared and unaltered blockchain ledger, keeping the identities of the related parties anonymous. An extra privacy and security layer is added to the system. Seamless Cross-Border Transactions: In the same way, Canadian players who like betting on worldwide casino sites utilize cryptocurrencies as they do not worry about cross-border transactions. Credit cards and associated charges, which include currency conversion fees, exchange rate fluctuations, and international banking regulations, may be complex and costly even to transfer to particular borders. For physical cash, simply a bank account hampers cross-border transactions. Using cryptocurrencies, borders vanish, and the personâs location in different parts of the world is not an impediment. The matter is that no matter the amount of money Canadian players send on their gaming account, or that is being withdrawn, they watch the transactions being carried out in both directions by cryptocurrency, so it is worth nothing to waste their time as well as money on the banking issues. Conclusion: The benefits of employing such digital currencies for deposits and payouts at online casinos are undoubtedly indisputable and enticing. This goes as far as saving them on transaction times and fees, increasing their security while protecting their privacy, and making cryptos an option for Canadian players. No matter your aim to get the best value for your money, secure your cash transactions, or gamble anonymously cryptocurrencies offer you great value every time your money goes online. With crypto casinos growing globally in popularity and status, itâs not hard to imagine that this trend will only continue. In a few years, customers will benefit from new smooth, secure, and rewarding gaming experiences supported by cryptocurrencies. Whereas every of the ten best crypto casinos tends to have distinct and impressive gameplay, Cleluscasino.com is the number one choice for Canadian players. Celsiuscasino.com offers the best possible one-stop crypto service for you: a forward-looking, world-class crypto casino with continuous innovation and effortless crypto transactions, and it is a market leader in the crypto casino industry in Canada. Whether you are a well-seasoned gambler or a complete virtual game beginner, Celsiuscasino.com will give you an unrivalled top-notch ambience experience of gambling that no other establishment can match. Celsiuscasino.com has the pride of assuring its players a secure gaming ambience whereby their play will be safe and transparent. Being an advanced technology user and adhering to the recently revised regulations, Celsiuscasino.com provides a secure environment. Therefore, the playerâs personal and financial details are always protected. That said, the platform has shown its commitment to fairness by using proven fair processes to actualize that every game outcome is unpredictable and, honestly, random. 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The post BlockDAGâs Stellar 30,000x ROI Potential & Moon-Based Keynote Teaser Overshadow Avalancheâs Bull Run & Bitcoin NFTs appeared first on Coinpedia Fintech News The exuberant digital space of the economy is thriving with numerous crypto entities. While key players like Avalanche and Bitcoin NFTs each bring unique advantages to the table, it is BlockDAG that steals the limelight. This innovative entity has not only secured $18.2 million in its presale but has also intrigued the market with its ingenious technology, as outlined in its latest DAGpaper. BlockDAGâs remarkable presale success and its audacious marketing strategiesâincluding its Las Vegas Sphere display that boosted its ROI potential by 30,000x and its teaser of keynote video from the moon signal BlockDAGâs potential as a major disruptor. This article explores the technical nuances and investment opportunities of these entities to find which one can be the ultimate game-changer in the crypto arena. Avalanche Eyes Bullish Run Avalanche aims to stand out in the crowded market of cryptocurrencies with its blockchain technology designed to supplant Ethereum as the leading platform for smart contracts. The strength of Avalanche lies in its unique architecture. With a significant 40% growth over the past two months, Avalanche supports a burgeoning ecosystem focused on decentralised applications (dApps). The robust community and investor enthusiasm suggest a potential surge in AVAX prices, particularly post-halving, with projections hinting at a climb beyond the $100 mark by year-end. Bitcoin NFTs: Riding the Wave of Market Dominance Turning our attention to Bitcoin NFTs, particularly the innovative Bitcoin-based NFTs known as Inscriptions, we witness a different facet of blockchain utility. These NFTs have captured 55% of the total market share in recent transactions, outperforming the likes of Ethereum and Solana combined. With a staggering 96% increase in trading volume, reaching $176.8 million in just one week, Bitcoin NFTs are setting new benchmarks. The impending Bitcoin halving and the debut of protocols like Runes are creating a fertile ground for these assets. Despite challenges such as Binance ceasing support for Bitcoin NFTs, platforms like Magic Eden have quickly adapted, showcasing the resilience and growing demand for Bitcoin-based digital assets. BlockDAGâs Hybrid Technology Propels Presale to Cross $18.2M  BlockDAG is an attractive investment option for investors with a modest entry point. Its utilisation of state-of-art technology efficiently combines blockchain reliability and DAG (Directed Acyclic Graph) speed and scalability. This hybrid network is crafted to overcome traditional blockchain limitations, offering a transaction throughput of 10,000-15,000 TPSârates previously unthinkable in standard blockchain setups. BlockDAGâs whitepaper and keynote video highlight its unique approach to solving the blockchain trilemma, enhancing security while maintaining decentralisation. The platformâs low transaction fees and real-time processing capabilities make it a compelling choice for developers and investors alike, further sweetened by its current presale success of $18.2 million. BlockDAG has significantly attracted attention through its notable displays at iconic locations including Shibuya Crossing and the Las Vegas Sphere. Its newly-launched teaser of the upcoming keynote on moon has boosted its popularity, strengthening the projectâs 30,000x ROI potential. Furthermore, BlockDAG will see another price increase from the current batch 9 priced at $0.005 to the next at $0.006, emphasising the urgency for investors to quickly capitalise on this opportunity. Why BlockDAG Holds the Investment Edge? While Avalanche and Bitcoin NFTs present compelling narratives and solid growth prospects, BlockDAG stands out with its innovative DAG technology and strong market entry strategy. An impressive presale figure of $18.2 million in under nine batches, with the current batch priced at $0.005, coupled with its potential for an astounding 30,000x ROI, makes BlockDAG a prime candidate for those looking to invest in the future of blockchain technology. BlockDAGâs stellar marketing stunts such as the recent teaser of its keynote on the moon redefine industry standards and carve a universal appeal for the brand. Join BlockDAG Presale Now! Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu
The post Crypto Markets Will See More Downtrends in Q2-Q3 2024 : Hereâs Why appeared first on Coinpedia Fintech News Bitcoin and crypto have typically seen average or downward trends in Q2 and Q3 in recent years. With the halving just one day away, mining Bitcoin will become more expensive, so miners might start selling their Bitcoin. Elja in his X post presents an open view of the current state of the cryptocurrency market, highlighting five key factors that could potentially signal a downturn in Bitcoin and crypto prices. Letâs delve deeper into these points to gain a comprehensive understanding. Hereâs Why Bitcoin and Crypto Could Go Down in Q2-Q3 BTFP Program Ending The analyst starts with the closure of the Federal Reserveâs emergency lending program, the Bank Term Funding Program (BTFP). After Signature Bank and Silicon Valley Bank failed, BTFPâs new loans ended, removing significant market liquidity. This decision may have short-term bearish effects, but the Federal Reserve tends to issue more money, which may mitigate the impact. Delay in Rate Cuts Next, he discusses rate cut prospects in his X post, which boosts stock and crypto markets. Higher-than-expected CPI statistics and Federal Reserve Chair Powellâs comments regarding protracted interest rates have faded hope of a bullish surge. However, the 2024 rate drop reduction raises concerns, especially for risk-on assets. Slowing ETF Inflows Moving ahead, Elja points out a notable shift in cryptocurrency ETF flows, with a decline in institutional interest reflected in slowing inflows. This trend is particularly evident in Bitcoin ETFs, where outflows consistently exceed inflows. Such a decline in institutional participation could signal weakening confidence in the marketâs prospects. Uncertainty from the War Situation We all know about the ongoing geopolitical tensions between Iran and Israel which many analysts see as an add-on layer of uncertainty in the market. Whereas Elja highlights the potential for significant market fluctuations in response to any statements or actions from either party. Recent market reactions to similar events underscore the significance of geopolitical factors in shaping investor sentiment. Bitcoin Historical Trend and Halving Impact Summing up his analysis, Elja says Q2-Q3 has generally been average to bearish for Bitcoin and crypto. With the coming halving, miners may sell more as mining costs increase. Similar to earlier halving cycles of 2016 and 2020, these variables could generally take a few months to settle down. In conclusion, the analyst advised the investors to stay focused and ready to buy the dip. He said experienced crypto investors view this market stagnation or decline period as an opportunity to buy more assets at lower prices. They anticipate significant future growth, with Bitcoin potentially reaching $150k, Ethereum hitting $12k, and many altcoins seeing gains of 50x to 100x. Do you agree?
The post Analyst Predicts Significant Downturn for Bitcoin Price Before It Reaches $1 Million Milestone appeared first on Coinpedia Fintech News Billy Markus, famous for creating Dogecoin and his fondness for memes, posed a playful question about the Bitcoin halving on X, using his alter name âShibetoshi Nakamoto.â He jokingly asked users if the halving meant the price would halve, too. Is Bitcoin Crash on the Cards? The humorous remark from Markus taps into the worries of some Bitcoin fans who are anxious about a possible price decline post-halving. Hereâs what it means. Even the official Kraken exchange account chimed in, clarifying that halving doesnât work that way. Markus responded with a tongue-in-cheek, âWhat if it does, though?â Meanwhile, Bitcoin advocate Samson Mow from Jan3 encouraged everyone to appreciate Bitcoinâs current value of $0.06 million and reminded them that we are still in the early stages of Bitcoinâs potential. While he didnât make specific price predictions, he has previously hinted at Bitcoin reaching $1 million, emphasizing the long-term perspective. With just one day to Bitcoin halving, scheduled to cut block rewards in half for miners, the community eagerly awaits Bitcoinâs price reaction. During this fourth halving, each new block will yield miners 3.125 BTC instead of 6.25 BTC, further solidifying Bitcoinâs deflationary nature and reducing its supply injected into the market. Influencers like Mow believe that the halving will create a supply shock, while the emergence of spot BTC ETFs contributes to a demand shock in the market. Bernstein researchers project a 7% drop in network hash rate after the halving, as less efficient miners exit amid increased revenues from ETFs. Hong Kongâs approval of BTC and ETH ETFs in Asia signals the potential for similar moves in South Korea, Japan, and Singapore. Reports suggest Hong Kongâs ETFs could attract up to $25 billion in the capital when trading begins by April 30. What next? Looking at the bigger event and crash reports, the traders assume it to be just a minor pullback, the markets are preparing to display a diverse price action being extremely volatile at the moment. The major reason to be bearish on Bitcoin is that the token has formed a double-bottom pattern below the current levels, along with a lot of liquidity, which is required for the whales to execute huge orders.