Cryptocurrency

Bitcoin Chaser - February 11, 2021 If you’ve been around the crypto and DeFi space recently it is likely that you’ve come across auction lobbies. But what are they and how do they work? We’re going to cover all this for you here, including some examples of leading auction lobbies that you may have missed.  What Is An Auction Lobby? Let’s start at the beginning. An auction lobby is a term for a feature in the yield farming space. No surprises here, but it involves an auction where a predetermined pool of the platform’s tokens are put up on offer and users can bid to buy them. Each day the token pool will decrease, usually over a period of a year. Users will...

Bitcoin Chaser - February 12, 2021 BitStarz casino is well-known for its huge variety of epic games on offer – from slot machines, to table games, live casino games, and much more, there’s something for absolutely everyone. Now, BitStarz has announced the latest additions to their gaming providers, adding Mascot Gaming and High 5 Games to their impressive list of partners.  BitStarz’s list of providers has grown over the years, with more providers added frequently- just last year BitStarz added PG Soft, Relax Gaming, and Hacksaw Gaming to their list – and now Mascot and High 5 have joined the party.  Mascot Gaming has been around for 9 years, and has earne...

Bitcoin Chaser - February 12, 2021 Valentine’s Day is set to look a little different this year. However, even if you can’t go out there are still plenty of things to do – regardless of whether or not you have someone to share your day with, mBit casino has got you covered. Check out the top romantic slots on the platform to keep your company this Valentine’s Day.  Lotus of Love  Lotus of Love is an oriental-themed slot from Booming Games. It has a max win of 7,500 coins, free spins, wilds, scatters, and more. The game is set over 5 reels and and 50 paylines, and it has a RTP rate of 97.04%.  Journey Flirt Journey Flirt is a top love-themed slot f...

Konstantin Anissimov, Executive Director at CEX.IO BTC/USD BTC/USD opened at 36,799, according to the exchange rate at CEX.IO, and was trading in a downward fashion from 02:00 to 06:00 UTC. The pair bounced to 37,280 between 06:00 and 08:00 UTC and was mainly trending sideways until 16:00 UTC. Between 16:00 and 17:00 UTC, BTC/USD attempted an upswing from 37,351 to 38,000 but was stopped midways and driven close to the open of the hourly candlestick at its close. As a result, a shooting star formed on the hourly timeframe and created downward momentum for BTC/USD the next few hours. A medium fall took place between 17:00 and 20:00 UTC, taking the trading pair down to the 50-period simple moving averages both on the hourly and 4-hour timeframes. The whole picture on the 4-hour...

Key highlights: Bitcoin is trading sideways, as the market is currently in a period of consolidation Ethereum has approached new all-time highs in terms of price According to Google Trends, the »Ethereum« search term recently recorded a new all-time high Bitcoin consolidates, but there’s still reasons to be optimistic Bulls and bears are still duking it out in the Bitcoin market, as the world’s largest cryptocurrency seems to be in a period of consolidation. However, Ethereum has been performing much better recently, outdoing Bitcoin on both the 7-day and 30-day time frames. An analyst from JPMorgan recently stated that if BTC fails to stay above $40,000, some investors could pack their bags and move their capital to other assets. The opinion seems to be somewhat split amon...

Key highlights: BitMEX has lost an enormous amount of its market, and the exchange’s BTC balances indicate this trend Two significant events occurred for the exchange that caused many traders to jump ship The March 2020 cryptocurrency crash and the October 2020 lawsuit against the company were two defining moments for BitMEx BitMEX was the number one crypto derivatives exchange in the recent past. But now, it has lost first place in the space. Two significant events happened to the business, causing an exodus of traders from the platform. One of them was the massive sell-off in March due to the pandemic crisis.  During the sell-off, the BitMEX platform performed poorly, which frustrated a large part of its userbase. In October, the exchange faced a twin lawsuit from the U.S....

Key highlights: A cryptocurrency wallet is a piece of software and hardware that stores your private keys, which are used to prove ownership over the coins on the blockchain We distinguish between software wallets, hardware wallets and paper wallets, and they all come with certain benefits and drawbacks The safest way to store large amounts of valuable cryptocurrency is in a “cold storage” i.e. in wallets not connected to the internet Using multiple wallets rather than sticking to one wallet increases the security of your assets Whether you are completely new to the cryptocurrency space or already an experienced crypto HODLer, you have almost certainly used a cryptocurrency wallet before. But what exactly is a wallet and how does it interact with the blockchain? How do users pr...

What is Insider Protocol? For many cryptocurrency users, privacy is of the utmost importance – as surveillance technologies continue to evolve and spread, users need equally powerful tools to preserve their right to privacy. And while Satoshi Nakamoto started a revolution in 2008 with the invention of Bitcoin, others have built on his work and created new types of blockchains that provide much stronger privacy protections for their users. Insider Protocol is a cryptocurrency project that’s building IPRO, a private cryptocurrency based on the MimbleWimble protocol. MimbleWimble is an innovative technology that brings scalability to private blockchain transactions, and is also employed by existing privacy coins such as Grin and Beam. Blocks produced by blockchains that use Mimbl...

Recent news from global cryptocurrency exchange Huobi has seen the platform announce user support for the Russian Ruble (RUB). This latest development will mean that Huobi users can now withdraw and deposit in Russian Rubles. This is, of course, great news for the long-term success of the exchange itself and also users there who have been waiting for RUB support on the platform. This is not the only new announcement made by the company though. They have also released details of users now being eligible to buy top digital currencies, such as BTC, LTC, ETH, BCH and DASH with Rubles. These new innovations will work in conjunction with AdvCash, which is one of the most respected payment solutions around in the crypto world. RUB deposits and withdrawals in Huobi – how does it work? H...

22 Jan 2021 It is time to dust off those old AMD Radeon R9 290/290X and Radeon R9 390/390X GPUs you may have lying around and wondering what to do and make them mine Ethereum (ETH) with full power and some nice profit as well. The Hawaii and Grenada GPUs that these Radeon video cards use feature a 512-bit wide memory bus and that is more than welcome for mining Ethereum, even if they are already pretty old. You can be getting about 29-30 MHS hashrate for mining Ethereum (ETH) with these, although they are more power hungry than more recent GPUs that offer the same performance it is still worth it with with high mining profit we have at the moment. With Radeon R9 290/390 GPUs there is a bit of a catch in order to get 29-30 MHS Ethash mining hashrate with about 150-200W of...