Cryptocurrencies have been around for years and they have been proven one of the best ways to make a good profit. Cryptocurrencies are still evolving and they have the potential to change the financial landscape of the world.

Bitcoin is the first cryptocurrency ever introduced and Bitcoin trading has been proven comparatively less volatile as compared to other cryptocurrencies.

There are so many Bitcoin trading apps out there that it is almost impossible to know if they are legit or not. Bitcoin Revolution App is one of the best trading software available out here and in this guide, we will tell you everything you need to know about it. Let’s get started.

How Legit is Bitcoin Revolution App

When it comes to determining the Legitimacy of any App, we should take a look at the people who have used it and using it. Bitcoin Revolution App has tons of positive reviews which show that their users have got good returns on their investment.

The Bitcoin Revolution App is designed on the models of the Bitcoin Trader Software. It is designed by the top crypto experts and they have designed it in a way that it is capable of pinpointing the profitable opportunities for investors. It uses the state of the art algorithms to analyze the latest market trends and suggest the best opportunities for users.

Bitcoin Revolution App has the success rate of 99/4% which is much higher than its competition. It clearly shows that how capable Bitcoin Revolution App’s Algorithms are. Bitcoin Revolution App is equally good for novice investors as well as more experienced investors.

How to Join the Bitcoin Revolution App?

The whole process of joining the Bitcoin Revolution App is very easy. You can follow these 3 simple steps to set up your account.

– Visit the Homepage and fin the registration form. Open it and fill it with the information it requires.

– Once you are done with the signup process, the next step it to invest your initial deposit. The minimum limit is $250.

– Once you invest your deposit, you are all set to trade. You have the choice to either manually trade or use the advanced automated feature to do it automatically.

With these 3 steps, you can join the Bitcoin Revolution App. It has very simple UI which make it ideal for beginners as well as experienced traders.

Is Bitcoin Revolution App Worth it?

After studying the different aspects of it and reading the tons of positive reviews we are confident that Bitcoin Revolution Apps worth a try. There are other features too which make it ideal for Bitcoin Trading, we have seen that many services don’t offer good customer support.

On the Contrary, the Bitcoin Revolution App offers the 24/7 customer support and you also have the choice to talk with the broker of your choice to assist and support you. The platform is very simple and straightforward. If you are looking for a legit trading platform with a good track record and best possible features then Bitcoin Revolution App is our recommendation.

The post Review of the Bitcoin Revolution App appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

The price of Bitcoin SV rapidly dropped by 9% after the currency was delisted from Binance, one of the world’s largest exchanges for cryptocurrency.

Prior to the delisting, Binance was the third-largest market for Bitcoin SV in the BCHSV/USDT trading pair. It now remains to be seen how the market will continue to react to the news of the delisting – will Bitcoin SV bounce back, flatten out or continue to fall within the month to come?

What we do know is that both ShapeShift and Kraken, two other prominent crypto exchanges, have decided to follow in the footsteps of Binance and delist Bitcoin SV.

At Kraken, Bitcoin SV deposits will be disabled on April 22, and trading will cease on all trading pairs involving Bitcoin SV on April 29. Withdrawals will still be possible until May 31, to given Kraken traders a chance to move their Bitcoin SV.

In their public announcement, Kraken cites both community sentiment and ongoing litigation filed against the exchange by the coin’s advocates as reasons for their decision to delist the currency.

A controversial founder

For quite some time now, Bitcoin SV founder Craig Wright has been making waves in the cryptocurrency community by claiming that he is the person behind the pseudonym Satoshi Nakamoto – the mysterious creator of Bitcoin and the Bitcoin blockchain – and that the Bitcoin offshoot Bitcoin SV is a representation of Satoshi Nakamoto’s “true vision”.

Despite being asked repeatedly to provide evidence for this identity claim by using a digital signature, Wright has refused to do so. Instead, he has chosen to sue those who publicly question his assertion.

One of the members of the crypto community that has been very outspoken against Wright is Anthon Pompliano, of the crypto fund Morgan Creek, who has called for every exchange to delist Bitcoin SV.

Attempted doxing of @hodlonaut

In addition to the legal attacks on those who question him, Craig Wright has also offered a $5,000 bounty to anyone who “doxes” (reveals the identity of) the person behind the Twitter account @hodlonaut.

As a response, Lightning Labs co-founder Elizabeth Stark launched a bitcoin crowdfunding campaign to help @hodlonaut to pay for legal expenses.

Also, Twitter users have been rallying behind the hashtag #WeAreAllHodlonaut to show their support.

Changpeng Zhao makes good on his threat to delist Bitcoin SV

The delisting of Bitcoin SV from Binance comes after a period of increased tension between Craig Wright and Binance, founder and CEO Changpeng Zhao.

This is where Zhao has been accusing Wright of poisoning the Bitcoin community with his unsubstantiated identity claims and his threats to sue people who speak out against him.

On April 14, 2019, Zhao went to Twitter to explain that…

“The real Satoshi can digitally sign any message to prove it. This is as simple as breathing for him/her. And we have the pub key. Until then, everyone is Satoshi, except Craig Wright!”

The post Bitcoin SV drops sharply after being kicked out from Binance appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

In 2009 when the first blockchain-based cryptocurrency, Bitcoin was introduced, it came at a time when financial institutions were going through a crunch.

At the time, not many people believed that cryptocurrency could be profitable, however, the few who invested in it at the early stage got more than their money’s worth, and that paved the way for the creation of several cryptocurrencies.

With more cryptocurrencies, came the need for people to be able to trade cryptocurrencies with each other, and thus, cryptocurrency exchanges came to being.

A cryptocurrency exchange functions like a stock exchange where instead of stock trades, cryptocurrencies are traded. It is basically a platform that facilitates the trading of cryptocurrency assets based on the market prices at the time of the trade.

There are three types of cryptocurrency exchanges:

1. Centralized Exchanges (CEX)
2. Decentralized Exchanges (DEX)
3. Hybrids (CEX + DEX)

Comparison

Centralized Exchange

This is the very first type of exchange that was available when the need to trade cryptocurrencies came up. The operations of the exchange are centralized, and that means activities are overseen, or governed by a central authority.

Customers are not usually in total control of their assets. The exchanges can be in either cryptocurrency to cryptocurrency, or fiat to cryptocurrency tender.

Pros

• Trade volumes are higher
• Presence of high liquidity
• Enhanced functionality
• Availability of fiat to crypto trades

Cons

• High susceptibility to hacks, phishing, and fraud
• It is subject to a central authority
• Customers are not in full control of their assets
• It is regulated by the government and can be shut down at any moment

Decentralized Exchanges

You may want to refer to decentralized exchanges as the opposite of the centralized exchanges, and you would be right if you did. Decentralized exchanges do not function under a central authority, or depend on a service to control customers’ assets, but with the aid of the underlying blockchain technology, are able to automate functions in a very secure manner.

Hence, customers are in full control of their assets. A lot of the decentralized exchanges available are based on Ethereum’s blockchain, and this helps the implementation and facilitation of smart contracts on the exchanges

Pros

• The presence of distributed nodes as part of its security feature makes it almost impossible to hack.
• Because it is not centralized, government regulations do not apply, and as such cannot be shut down by the government.
• Customers are in full control of their assets.

Cons

• Trade volumes are lower
• Liquidity is lower
• No fiat to crypto trades
• The functionality of the exchange is limited.

There are several exchanges in the crypto market, and Rubix is a blockchain based social exchange that deals with the irregularities facing other cryptocurrency exchanges. It is imperative to know just how secure an exchange is before using it, in order to avoid losing your crypto assets.

The post Comparison of Centralized vs. Decentralized Crypto Exchanges appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

Art has been one of the best ways to describe the social, political and economic issues of our society. However, we have also seen that our artists don’t get the admiration they deserve and they don’t get the intrinsic value for their Art.

Today, we will tell you about the 0xowns.art, which is a revolutionary platform where art meets blockchain. Let’s get into it.

What is 0xowns.art?

Cryptocurrencies have enormous potential to change our world and we are seeing many tech giants like IBM, Microsoft is exploring the benefits of using cryptocurrencies in their businesses. 0xowns.art is a revolutionary platform which uses the power of blockchain and brings its benefits to the art community.

This platform is completely devoted to the purchase and sale of Arts. It uses the Ethereum platform which is a very popular open-source blockchain platform.

If we take a look at the history we see that many artists didn’t get the value of their art what they deserve. For example, Artists like Pietro Manzoni who was famous for an ironic approach to avant-grade art.

He got the price of $37 for his famous art – a series of cans incapable of being e-rayed and 80 after his death, one of the tins was sold for $300,000.

It shows that the market doesn’t determine the intrinsic value of the art but that is not the case on 0xowns.art. You can easily buy and sell the arts on this platform at the right price.

How does it work?

0xowns.art uses the state of the art Ethereum platform which is an open-source platform and it is not controlled by any central authority. When you visit the 0xowns.art, you can check the current market value of your art or any other art and if you are interested in purchasing it you can also it. similarly, if you want o sale your art, you can simply set your resale price and you are all set to sell your art.

When your set price is matched by a buyer, the ownership will be transferred to him and your account will be credited with the Ethereum. All the transactions are recorded on the Ethereum blockchain which means they can’t be corrupted and tempered. Once the ownership is transferred it can’t be reverse which means you will have the full authority. You can either put it up for resale or you can keep it.

Similarly, the whole process of setting up the wallet is also very easy. When you visit the 0xowns.art, you will see the prompt to set up your wallet. You can either restore your wallet by putting the 12-word backup phrase or you can proceed with setting up the new wallet. It is up to you which option you choose. Please note that for now, the 0xowns.art is only supported on Opera and it won’t work on Chrome Browser.

Conclusion

0xowns.art is a milestone for the art community as it brings the awesomeness of blockchain in the art world and it will help artists to get the true value for their Art. If you have any questions, you can contact contact@arafalovich.com.

The post How 0xowns.art make ownership into Art appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

The Keyxentic Smart Token crypto wallet hardware has arrived and is set to change the way crypto is stored and also promises to change the way cryptocurrency transactions are made. In addition to functioning as a cryptocurrency wallet, the Keyxentic Token can also encrypt all of your data with your fingerprint!

What is the Keyxentic Smart Token?

Highly lauded as the first of its kind, the Keyxentic Smart Token uses newly developed proprietary technologies to secure all of your data and cryptocurrency holdings with biometric encryption.

With this new technology, your fingerprint authenticates your identity unlocking powerful encryption software to secure all of your data including your cryptocurrency investments.

The Keyxentic Token uses a combination of core encryption components to protect passwords, emails, files, digital data, and cryptocurrency transactions with bio-secure access management identification and authentication.

If you want to encrypt your emails you first must study the reliability of several email encryption software solutions and hope you have chosen the most secure from the dozens of email encrypting solutions available on the market.

Let’s Take a Look at the Keyxentic Smart Token

You must also choose from a plethora of different software packages for encrypting digital data on cloud servers with some cloud encryption software only functioning with specific cloud servers. The same can be said for encrypting PDFs, there are dozens of encryption solutions to choose from if you need to secure your PDF files.

With the KeyxenticToken you can do all the above and secure your cryptocurrency assets while making anonymous crypto transactions. The Keyxentic token is a truly disruptive technology that radically changes the ability of people to protect their privacy while empowering them with a robust encryption suite literally at their fingertips. 

The Keyxentic Token was developed by a team with a strong cybersecurity pedigree in Taiwan.

Before the development team founded Keyxentic Inc. they developed numerous government and enterprise cybersecurity solutions including Taiwan’s Digital Citizen Certificate and E-passport issued by the Interior Ministry Certificate Authority of Taiwan to protect the identities of more than 10 million Taiwanese, mostly from mainland Chinese cyber threats.

They also developed several widely used integrated bio-authenticated solutions for global banks and international hospitals.

With the three newly developed proprietary technologies, the Cryptographic Acceleration chip, Fingerprint Secure Element Chip, and the Fingerprint Match-On-Card Multi-Modal Smart Card Safe Key backup the company’s stated mission is to provide a simple and intuitive data encryption solutions for the daily lives of everyday people.

It’s rare for new disruptive technology to come along that is able to revolutionize more than one marketplace at the same time, however, that’s exactly what the Keyxentic Token has achieved. This new innovation will facilitate a powerful and affordable cybersecurity solution for individuals, professionals, and businesses not previously imaginable while at the same time as preserving cryptocurrency capital resources.

The Keyxentic Token takes the guesswork and long learning curve out of the equation when considering encryption solutions. With the new extraordinary technology developed by Keyxentic Inc., there is now an unparalleled level of cybersecurity and privacy available to everyone.

The post First Look at the Keyxentic Smart Token appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

Cryptocurrency is considered as one of the major inventions of the 21^st century and Bitcoin is the most valuable cryptocurrency in the world. In this guide, we will tell you what is Bitcoin Mining and how it works. Let’s get into it.

What is Bitcoin Mining?

Bitcoin Mining is basically the backbone of the whole network of Bitcoin. Bitcoin Mining is done using specialized Mining Equipment. The people who do the mining are known as “Nodes” and there are hundreds of nodes around the world.

How Does Bitcoin Mining Work?

Bitcoin Mining is a complex process and there are three major functionalities of this work.

1. Confirming the transactions

2. Issuing new bitcoins

The primary goal of the mining is to confirm the bitcoin transactions. There are hundreds of Bitcoin Miners around the world who regularly confirm the bitcoin transactions. To confirm the transactions, bitcoin miners use the special hardware to solve the mathematical puzzle known as “Proof-of-Work”. Whoever solves this puzzle first, his block adds to the blockchain and the transactions approve.

Now here comes the second purpose of mining. Bitcoin Miners get the bitcoins as a reward whenever their block adds to the blockchain. In this way, the bitcoins keep coming to the market to keep the balance between supply & demand.

The third purpose of free Bitcoin Mining is security. Each Bitcoin Miner (Node) has a copy of bitcoin blockchain. Whenever the new block adds to the blockchain it must have the consensus, so if some try to make the unauthorized addition to the blockchain, his addition will not approve. The only way to compromise this system is to have 51% of the whole network hash power which is kind of impossible.

How to Mine Bitcoin?

You can also start the Bitcoin Mining but you will need special equipment to start the Bitcoin Mining. Here are the steps you should follow to start the Bitcoin Mining.

1. The First step is to get the ASIC miner. It is a specialized computer which is specially designed for Bitcoin Mining.

2. The next step is to join a Mining Pool. This step is important as most of the mining these days are being done by Mining Pools. It is kind of a group of miners where you combine your hash power with the rest of the group and reward is equally distributed depending on your hash power.

3. The final step is to download the Bitcoin Mining software and you are all set to start the Bitcoin Mining.

What is Mining Difficulty?

Bitcoin has a limited supply of 21 million coins and so far more than 17 million bitcoins has been mined. The Bitcoin issuance is regulated by Difficulty algorithm which basically regulates the difficulty of Proof of Work. It changes every 2016 blocks and it makes it more difficult to calculate the Proof of Work for Miners.

What is Block Reward?

As we mentioned that Miners get the reward for adding the block to the blockchain. The Block reward is the number of bitcoins, the miners get. However, it gets halves every 210,000 blocks and it will continue to get lower. The current Block reward is 12.5 bitcoins.

Conclusion

Bitcoin Mining is a complex process but it can be very profitable if you succeed in adding the block to the blockchain. If you don’t want to spend your money on Hardware equipment then you can also do the Free Bitcoin Mining by joining the Faucets etc.

The post What is Bitcoin Mining? appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

I – What is a Bitcoin Wallet?

A bitcoin wallet is another advanced software program where a person can receive, send, and store the bitcoins. Accordingly, in the world of digital currency, bitcoin wallets serve as an equivalent to a bank account where certain transactions are made.

Apart from receiving, sending, and storing digital coins, this wallet is also another interface where you can connect to other bitcoin owners around the world. Having known that cryptocurrency is the newest trend, it is good to know that bitcoin wallets now have secret codes which enhance the security of any transaction made by the owner.

In other words, bitcoin wallet is simply an application, and or another platform, which stores your private codes for you, that gives you access to your stored digital coins.

Setting up a bitcoin wallet is simply easy and hassle-free. It would take you some few seconds in setting up your email address or mobile number, together with your password. After setting it up successfully, you will send and receive any transactions without any hassle at all.

II – Types of Bitcoin Wallets and Its Functions

When thinking of owning your own bitcoin wallet, you have to know that this platform comes in two forms. Bitcoin wallets can be both hardware and hot wallets, and both serve almost the same function.

1. Hardware Wallets

This kind of bitcoin wallet is a physical electronic device which is designed especially for storing crypto coins. This device has to be connected to any device like a computer or mobile phone before any transactions will be made. As of this year, there are three popular hardware bitcoin wallets that could be of good choice; these are the Ledger Nano S, TREZOR, and KeepKey.

When looking for enhanced security and convenience when making bitcoin transaction, owning a hardware wallet is best for you. This allows you to keep your private codes secure from any internet-connected related transactions. Hence, this will keep your security codes safe from hackers.

Hardware wallet also has its own private key offline, thus, you can ensure that there is no way for fraudulent transactions and hackers to reach your digital coins. When worried about this device being stolen or lost, you need not worry about, as long as you have created a secret backup code, you can always retrieve and keep your coins safe.

2. Hot Wallets

Opposite to the hardware wallet is the so-called hot wallets. This is another storage of digital coins that will run on internet-connected devices like phone, computers, and tablets. On the contrary, it has no physical hardware component, however, hot wallets are still considered as the easiest way to store small to a big amount of crypto coins.

It also has a private code and it will be generated only when devices are connected online. Despite the downside concerning its security, hot wallets are still considered convenient means in receiving and sending payments. Somehow, this also allows multiple access across other types of devices.

III – Which Bitcoin Wallet is Best for You?

When it comes to keeping your bitcoins safe and secure, you have to choose the bitcoin wallet which has the safest means of storing your crypto asset. In such a case, a hardware wallet is believed to be a lot safer than the other ones. Each wallet has its pros and cons; however, you have to select the kind of bitcoin wallet that works best for your need.

A software or hot wallet may not have that most secured secret code, but on the other hand, this wallet allows you to send and receive bitcoins for free and transactions can simply run smoothly.

Some wallets were designed with tightened security; while others were purposely made on privacy. Hence, it is your specific need being the crypto-coin owner that will determine the best kind of bitcoin wallet for your use.

IV – Top Bitcoin Wallets of 2019

Here are some of the top and notable bitcoin wallets to consider this year. Check this out.

1. Coinbase

This is another bitcoin wallet where you can sell, buy, and store your crypto assets. Accordingly, this earns the first spot among the ranking in terms of the top wallets for consumers. This wallet allows you to connect with any US dollar bank accounts and transferring in and out of this wallet is very easy. In addition, Coinbase also supports other variety of coins aside from bitcoin.

Further, Coinbase wallet is also known for its ease of use, but on the other hand, some worried regarding its security. Nonetheless, this wallet still has very firm security and has been constantly improving its interface.

2. Trezor

It is another bitcoin wallet in the rank that is known for its heightened security. It is a physical device where you can store your bitcoins safely. Accordingly, this hardware wallet works when plugin with computers or mobile phones and will work with multiple kinds of crypto coins.

Another useful function of Trezor is its ability to have a two-factor authentication which further protects your coins from hackers and fraud transactions.

3. Electrum

It is another software wallet that is made available for desktop computers. It is believed that Electrum works best with other kinds of hardware wallets and it a lot flexible in terms of use compared to Trezor.

One of its edges is the fact that you can simply safely store your coins in your own computer. However, you just have to keep your computer safe from crashes as it may also be caused for the loss of your crypto coins.

4. Blockchain.info

Having known that blockchain is the technology which allows the existence of bitcoin today, this Blockchain.info is yet another bitcoin wallet that is almost similar to that of Coinbase. It is online coin storage but it won’t allow you to buy and sell your coins all at the same time.

This means, your coin storage is different from that of the bitcoin marketplace. Nonetheless, the separation of storage and marketplace adds to the level of security of this bitcoin wallet.

5. Exodus

Having known to be a software wallet like Electrum, this Exodus is more beautiful and easier to use. This online coin storage allows you to create a portfolio for your crypto assets.

With the use of the ShapeShift application, you are able to exchange your coins in no time. This also has a private key feature and other security tools that will keep your coins safe at all times.

V – Summary

While bitcoin is making its trend around the world, it is good to know that bitcoin wallets are also made available today in safe-keeping your crypto assets. With all these above-mentioned bitcoin wallets, there is only one thing in common, these platforms help you send, buy, and keep digital coins easier, smoother, and hassle-free.

These wallets may come in many forms, but you have to consider the kind of bitcoin storage that will meet your need being a crypto asset owner.

The post Top Bitcoin Wallets of 2019 and How Does Each work appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

After just 5 days of being listed on HitBTC.com, Verasity’s VRA (ticker) zooms to number 1 Price % increase among the 400 other alt tokens listed on HitBTC.

The 300% increase appears to be due to demand for the VRA token used by publishers to promote rewarded video. Demand also appears due to VRA staking. The VRA token can be staked for 36% annual interest at https://verawallet.io

HitBTC Trading contest for VRA

The prize pool of the trading competition is now 30 million VRA tokens, which is a huge increase from the initial 3M prize pool. Sign up to the HitBTC trading competition page to enter the competition and start trading.

Product Releases

The Verasity Player is now integrated with JW Player, Brightcove and VideoJS. Vimeo and Kaltura are to be integrated in April. This means the Verasity module works in most of the standard Online Video Players in the world.

The Verasity Player provides publisher in-video loyalty schemes utilizing VRA as a reward. For publishers and advertisers, this means 4x the fill rates and Click through Rates which equates to 4x higher revenues and engagement.

About Verasity

Verasity.io is a leading video player providing unique Rewarded Video Player Technology to major video publishers across the globe.

The patent-pending Video Player enables VRA rewards, monetization and loyalty schemes within the video player wallet. Our unique player technology is already available to 280,000 video publishers with 240 million users and 50 billion monthly views.

This brings engagement, audiences, and revenues back to video publisher sites from YouTube. Our attention-based model creates a thriving VRA token economy between viewers, video publishers and advertisers.Verasity  is the future of online video.

VRA is trading on HitBTC.com and the token can be staked for 36% annual interest at https://verawallet.io. Check the price of VRA token at https://coincodex.com/crypto/verasity/.  Join our telegram chat at https://t.me/verasitychat.

Verasity Products include: Genesis Player: genesisplayer.com, VeraWallet: verawallet.io

HitBTC

HitBTC is top 10 exchange on CoinMarketCap with a daily volume of $440M. HitBTC has been active since 2013 and has earned its reputation for fault-tolerance, flawless uptime and high availability.

The post Verasity’s Successful Exchange Listing & Trading Competition appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

The all major cryptocurrencies have shown significant growth in the last 3 days and this surge led the many potential experts and investors to believe that the market is now finally emerging from the long-term bottom.

If you are looking for information on your favorite cryptocurrency go to www.pyyro.com as this is the live conversation on crypto. In spite of this surge in the last few days which spread in the most of the crypto communities, experts are pointing out the importance of transactions volumes which will indicate where crypto markets are heading next.

No one knows the actual fundamental reason behind this recent surge but may be one factor is the increase in the transaction volume which impacted the all major cryptocurrencies including XRP and Bitcoin.

Bitcoin for the next 2 months

The Chief Analyst at Think Markets U.K, Naeem Aslam believes that Bitcoin will experience the increase in its fundamental strength in the next few months which could translate in a surge in its value. He said that the cryptocurrency king is back on its track and it is the first after the July 2018 that has shown positive growth. He believes that the fundamentals will improve in the next months for the cryptocurrencies.

The increase in the number of transaction value can become very helpful and it will surely attract a number of potential investors to invest.

Another senior Analyst at eToro, Mati Greenspan, also shared similar sentiments to Mr. Naeem Aslam. He explained his point of view with the help of the graph which is recently tweeted on his account.

Greenspan explained that the number of transactions was less than 200k transactions per day and this rate has grown between 400k to 800k transactions per days in the month of February. Greenspan also pointed out that XRP has secured a high influx of transactions after the January 26^th.

A look at XRP

Transactions in XRP went downs from December 11^th and onwards because of the reason that JP Morgan, which is the sixth largest bank in the world introduced their bank-centric cryptocurrency. Due to this drop, XRP also hit its one of the lowest values in 2018 which was 0.28 USD.

The cryptocurrencies have experienced an increase of up to 10% or more in the recent surge which is a positive sign for investors and traders. However, Greenspan warned that in spite of recent surge, the correlation between the bitcoin and major cryptocurrencies is 0.8 which is very high. It is maybe a signal that the bear market is not over yet.

Different investors and Analyst have their different opinion about this recent surge. If you are thinking about investing in cryptocurrencies then the best way is to take the advice from multiple sources and crypto forums are the best places to discuss these matters with other investors and analysts around the world.

Pyyro (found here https://pyyro.com/) is a great crypto platform where you can know about what’s happening in the crypto world and what other investors are talking about. It is completely free to use and you can follow the crypto market leaders on this platform to learn from the best.

The post Crypto Markets Continue Climbing appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.

Cryptocurrencies have become very popular in the last few years and many businesses around the world are taking the full benefit of cryptocurrencies and the gambling industry is no exception. In this guide, we will tell you what are the benefits and disadvantages of Bitcoin Sportsbooks. Let’s get into it.

Advantages of using Bitcoin for Betting

Following are some of the advantages of using Bitcoin for Betting.

• The best thing about the Bitcoin and other cryptocurrencies is that there are almost zero fees on their conversion and you can convert your traditional currency into cryptocurrency. The same is the case when you convert your cryptocurrency into traditional currency.
• The transactions on the Bitcoin network is much faster than transactions using traditional currencies. Transactions on blockchain only take few minutes to approve where transactions on traditional banking networks take up to 3-5 business days to complete the transactions.
• Using Bitcoin for Betting not only make it faster but also much safer. You can have instant withdrawal with your BTC and move it to your crypto wallet.
• Another great thing about the cryptocurrencies is that they are not regulated by any central authority which means there is no restriction on using it. It is also anonymous which mean you can do the transactions without any need to provide any personal information. The activity on the blockchain network can be tracked but there is no way to associate with the owner except tracking the IP Address for which you can use the VPN to hide your IP Address.
• The biggest disadvantage of using Bitcoin or any other cryptocurrency for Betting is that cryptocurrencies are highly volatile in nature and this may affect you in a positive or negative way depending on the circumstances. There is a possibility that the value of certain cryptocurrency may rise during the investment period and you can get up to 20% or 30% profit. Similarly crash in price could also lose your profits.

Disadvantages of using Bitcoin for Betting

• The biggest disadvantage of using Bitcoin or any other cryptocurrency for Betting is that cryptocurrencies are highly volatile in nature and this may affect you in a positive or negative way depending on the circumstances. There is a possibility that the value of certain cryptocurrency may rise during the investment period and you can get up to 20% or 30% profit. Similarly crash in price could also lose your profits

The Gambling industry is embracing the cryptocurrencies because they are not regulated by any central authority and there are also no taxes on transactions using the cryptocurrencies. Betting with Bitcoin may seem risky but bitcoin is the most valuable cryptocurrency in the world and its value has grown exponentially in the last few years.

The BetBit is a Bitcoin Casino and Sportsbook platform which allows you to bet on all major sports leagues including Soccer, Football, E-Sports, Tennis, Golf and Basketball leagues. The platform also offers multiple incentives on betting with Bitcoin including First Deposit Bonus where you can get 50% first deposit bonus on up to 1 Bitcoin. You also get re-deposit of 25% up to 1 bitcoin on 2^nd thought 5^th deposit.

The BetBit also offer 15% Monthly CashBack on all month long deposits. The Platform allows you to deposit using all major cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, Monero, Litecoin and more. You can learn more about the BetBit by visiting their official website https://www.betbit.com/.

The post The Benefits & Disadvantages of Bitcoin Sportsbooks appeared first on CryptScout.com - Cryptocurrency News, Prices & Research.