Altcoins

Web3 Altcoin Inks Deal With New England Patriots and Jumps by 25% This Week, Thwarting Crypto Market Woes

A Web3 altcoin is surging this week amid news that it inked a sponsorship deal with the New England Patriots football team. Through a multi-year partnership with Kraft Sports + Entertainment, the blockchain infrastructure solution company Chain (XCN) is now the “official blockchain and Web3 sponsor” of the Patriots, the New England Revolution soccer team, […]

The post Web3 Altcoin Inks Deal With New England Patriots and Jumps by 25% This Week, Thwarting Crypto Market Woes appeared first on The Daily Hodl.

Crypto News

How Metamask Gambling Is Decentralizing The Online Casino Industry

Metamask gambling has been growing in popularity over the last couple of years. With the rise of the Web3 space and online crypto gambling, Metamask managed to fill in a gap that brings both sectors closer to one another. Crypto casinos are taking more to integrate the Metamask wallets on their websites for gambling activities. Using a decentralized Web3 wallet like this ensures that users of these gambling platforms are able to enjoy features that are not available on more conventional online casinos. Why Metamask Gambling Is Better One drawback of conventional casinos is the arduous sign-up processes that are usually associated with them. However, casinos had started to move towards accepting crypto deposits and withdrawals, which, over time, had required less stringent sign-up processes. But even this was not a seamless process. This is where Metamask gambling enters the picture. Metamask is a Web3 wallet that allows users to interact directly with cryptocurrency networks. It had started out on the Ethereum blockchain but had since expanded to include other blockchains such as BSC, Avalanche, etc. It comes in the form of a browser extension and mobile application from which users can directly connect to Web3 websites. It is also an easy-to-use hot wallet where users can receive coins by simply copying their addresses to forward to the sender. Given this, Metamask has found a natural home in the online gambling industry. Gambling websites are able to integrate the Metamask wallets directly on their platforms, making it possible for users to register or log into the website using the wallet, as well as processing faster deposits and withdrawals. Best Metamask Casinos Metamask gambling casinos have been known to provide some or all of the integrations mentioned above. In some cases, some casinos will offer the option to deposit with Metamask only or the option to use the hot wallet as a means of authorization. So, here are the top 3 Metamask gambling casinos that you should look at. Bitcasino Bitcasino is arguably one of the best Metamask gambling casinos in existence. It offers full functionality with Metamask, making it a one-stop shop for all things Metamask gambling. Users can register and log into the platform using their Metamask wallets. Bitcasino also takes this one step further by offering deposits and withdrawals using Metamask. Users can also use other tokens on the wallet, such as USDT, on the Bitcasino website. Players should, however, note that there are some things not offered by Bitcasino in this regard, such as a welcome bonus for ETH players. Users may also be required to complete a KYC verification when the casino requires it. Nevertheless, Bitcasino offers beloved slot games, as well as a wide variety of live casino games. The betting platform is also one of the few crypto casinos that offer betting on eSports. However, users cannot place crypto bets on games such as Crash or Dice. BC.GAME BC.Game has been pretty much the only Metamask gambling platform that supports the BSC network. This casino allows the direct integration of Metamask but for deposits. Users can also use the wallet to carry out authorizations on the platform. And unlike Bitcasino, BC.Game supports a much wider array of tokens, including ETH and MATIC. While it does have a welcome bonus, there is no stable welcome bonus on the platform. Also, similar to Bitcasino, BC.Game can also require users to go through KYC verifications. However, users get one free spin daily with a prize of up to 1 BTC. Sportsbet.io The third on the list is Sportsbet.io. It is a Metamask gambling platform that allows a minimum deposit of 10 USDT and offers a stable welcome bonus, unlike the others. Users can get up to 2000 wager-free spins that are worth 200 USDT. Furthermore, users can use their Metamask wallets to authorize their accounts, as well as make deposits and withdrawals. It also accepts other tokens available on the hot wallet, such as ETH and SOC. Like the others, Sportsbet.io comes with its own disadvantages, such as KYC verification and the fact that there are no provably fair crypto games. However, the betting platform is extremely popular and is currently the principal sponsor of the English Premier League football club Watford FC. Conclusion Metaverse gambling platforms are still very new, but they have already proven their value to the online crypto gaming space. As more platforms innovate toward integrating Metamask gambling, these advantages are bound to become more apparent to the gambling community. But for now, the platforms offering Metamask gambling are a small pool and only support a handful of tokens at this time.   Image by Alexa from Pixabay

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Watching Out For Big Eyes Coin, Tron, and Chiliz In The Cryptocurrency Space

Staking Ripple, Tron, Big Eyes Coin To Earn Huge Passive Income

Due to its benefits in transmitting coffers efficiently and investments, cryptocurrency is becoming more mainstream. Three new coins offer different functions for consumers and businesses alike, making them an exciting new field in blockchain development. If you are interested in learning more about these three coins, this article is for you. What Should You Know […]

Crypto News

MANA Under Sideways Motion In The Last 4 Months

The MANA relative strength index has shown growth which signals an increase in buying activity.         New developments, partnerships in Decentraland contribute to price spike         Decentraland social mentions amplified by 89.07%         MANA price up by 1.04% There are so many exciting developments happening for Decentraland (MANA), such as the partnership of StadioPlus with LaLiga, a Spanish football league giant. The partnership allows LaLiga to feature themed plots of virtual land starred in Vegas City, which happens to own the biggest entertainment, games, and sports areas of Decentraland. With that being said, a bullish reversal is possible, off-shooting the $0.84 barrier and peaking towards the $1.26 mark. According to CoinMarketCap, MANA price has skyrocketed by 0.15% or trading at $0.7431 as of this writing. Related Reading: Zcash Sheds 14% Last Week, But Analysis Reveals Buying Opportunity MANA/USDT Pair: Sideways Rally The MANA/USDT pair is observed on sideways motion in the last four months. With this rally trend, the $1.15 resistance is now a barrier to any bullish outbreak. However, the $0.756 to $0.74 support levels have set an accumulation of active bullish activity. Following the retracement that occurred in the second half of August plus the massive sell-off in light of the flush of high CPI data, Decentraland’s price has diminished to the key support of $0.71. On the flip side, MANA has retested the support level many times, triggering a recovery. At this point, the buyers can resuscitate the prices from the ground up and set a bull run at the key resistance of $0.756. But, in order to do, the buyer will need to snag the supply level of $0.84 to validate this rally. On the other hand, a breach below the mark of $0.71 signals a downtrend which could lead to MANA losing its $0.71 support. Decentraland Social Metrics Up  Decentraland is stirring up enormous social engagement following its development announcements with LaLiga. Stephen Ibbotson, Head of Franchises and Licensing CEP said, “This licensing agreement will allow us to reach a new and significant audience, like that of Decentraland.” The news has dramatically improved the numbers of Decentraland’s NFT. Decentraland social mentions were amplified by 89.07%.  Social engagement has also improved by 30.6%. More so, Decentraland’s NFT prices have also spiked to 1.66 ETH showing an increase of 9.42%. Miles Anthony, Decentraland Games’ CEO and Co-Founder tweeted the huge improvement seen in Decentraland towards the end of the Q4. “Yesterday, on day 2 of ICE Poker Flex being live, we hit all-time highs of 614 DAU (Daily Active Users) and 593 tournaments played”, Anthony said. Related Reading: Chiliz (CHZ) Could Be Set For A Hot Streak With This Data MANA total market cap at $1.37 billion on the daily chart | Source: TradingView.com Featured image from Binance Academy, Chart: TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

Crypto News

Chiliz (CHZ) Could Be Set For A Hot Streak With This Data

Chiliz (CHZ) is a blockchain technology company that aims to tokenize the sports and entertainment space. CHZ displaying enormous traction and uptick despite a bearish market Chiliz partners with giant sports organizations and teams CHZ price spikes by 6.21% as of press time Chiliz has ramped up on major developments and partnerships with giant sports organizations and teams all over the world. According to CoinMarketCap, CHZ’s price has soared by 6.21% or trading at $0.2161 as of this writing. Related Reading: XRP Sluggish In Last 7 Days As Ripple Vs. SEC Case Drags On CHZ Collaborates With Sports Clubs CHZ has shown a massive price spike last month following Chiliz’s partnership with FC Barcelona, a well-famed Spanish football club. The token was seen to climb by 73% on August 18, showcasing a four-month high. This recent price spike anchored the token to outperform major cryptos like Bitcoin and Ethereum. Basically, Chiliz is an open platform that allows a variety of sports organizations to mint limited tradeable fan tokens that provide their fans exclusive membership benefits and perks, access to NFTs, voting rights, and merchandise rewards. Chiliz has expanded its network with football clubs and organizations including FC Barcelona, Paris-Saint Germain, Manchester City, and Atlético de Madrid. Sports teams partner up with Chiliz for brand awareness and marketing plus also provide fans with modern and immersive experiences. CHZ Joining The Ranks Of Top Performing Crypto Chiliz is currently the 47th largest crypto in terms of market cap at $1,293 billion as of this writing. CHZ has currently joined the bandwagon of the top-performing cryptos over the weekend. So far, the coin was able to spike by 9.2% in the past 24 hours. This might be a minimal spike compared to the performance of other coins but at this point, the performance of CHZ is extraordinary considering the bearish market. CHZ recently announced on September 15 their plans to roll out a new fan token which has encouraged more investors to buy and trade the coin. Technical factors also contributed to CHZ’s uptrend. The crypto has been extremely bearish as it experienced a correction dropping from $0.24 to hitting a weekly low of $0.164. The RSI of CHZ is shooting above 50 implying a strong buying pressure. The performance of Chiliz the past week is comparably lower in comparison to the previous key support zone retested a week earlier. Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data CHZ total market cap at $1.4 billion on the daily chart | Source: TradingView.com Featured image from DailyCoin, Chart: TradingView.com (The analysis represents the author’s personal views and should not be construed as investment advice).

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BC.GAME Enters Into Global Sponsorship Agreement With The Argentine Football Association (AFA)

BC.GAME Enters Into Global Sponsorship Agreement With The Argentine Football Association (AFA)

A global sponsorship agreement has been reached between the Argentine Football Association (AFA) and the prestigious crypto casino BC.GAME. The agreement will create synergies between the businesses and casino patrons by giving both brands access to a global audience. A wide variety of entertainment will be available on BC.GAME for players and fans from all […]

Crypto News

Two Months before World Cup, Fan Tokens Soar on MEXC Exchange

Fan tokens of leading football clubs in Europe are ripping higher and outperforming the broader cryptocurrency market, according to details on September 5, 2022. Per statistics, fan tokens like $LAZIO, the fan token of Lazio football club in Italy, and $PSG of the Ligue 1 giant Paris Saint Germain, are defying gravity and have been posting double-digit gains in the last few trading sessions. Notably, $LAZIO dominates the leaderboard, surging approximately 50 percent in the previous trading week alone. Considering fundamental factors and rising confidence by market analysts that the crypto winter might be coming to an end after nine grueling months, the fan token rally could just be getting started. The pump in fan tokens’ valuation coincides with the resumption of the 2022/23 session in most top European leagues. These coins are purposefully designed to strengthen the ties between fans and the team. Partnering clubs are permitted to mint them on the dedicated Proof-of-Authority (POA) Chiliz network. This way, fans can, at any time, purchase these tokens allowing them to participate in voting where they can decide on the color of their team’s jersey, friendly matches, or even win prizes. It is a well-thought idea that Socios, the team behind the Chiliz Network, first implemented and continues to revolutionize fan engagement, even presenting opportunities for traders on MEXC Global and other top exchanges. In 2020, MEXC Global, a top cryptocurrency exchange with over seven million clients worldwide, began listing fan tokens. $LAZIO is one of the over 15 fan tokens available for trading on the exchange. As of September 5, 2022, $LAZIO was paired with the world’s most liquid stablecoin, USDT, allowing a quick way for traders to acquire the token in the secondary markets. Other fan tokens listed on the exchange include ACM, ALPINE, ASR, and POR. Besides boosting the liquidity of fan tokens and creating a convenient way for fans or investors to get exposure to their clubs’ tokens, MEXC Global is at the forefront of driving their respective liquidity. Subsequently, these tokens become easier to trade, even for young fans. Considering how popular these tokens have been, MEXC Global has been evolving to meet the demand of its clients. They have launched the Fan Zone for fan token traders. At the same time, MEXC Global allows the trading of leveraged ETFs of fan tokens. The derivatives product is a quick way for users to trade with leverage, quickly and safely. Like other leveraged ETF tokens available on the liquid platform, their pricing is unique. They are issued off-chain, meaning the high Gas fees on Ethereum can be avoided, a relief for traders.  

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Crypto Ads In Thailand Have To Provide Risk Disclosure As Per SEC

Thailand’s Securities and Exchange Commission (SEC) has now introduced strict rules concerning the promotions as well as advertising of crypto. Cryptocurrency companies are now expected to follow these newly initiated rules in order to bring down investment risks. This development happened this year itself as the rules were supposedly expanded to newer verticals which include […]