Hello, crypto fans

Cryptocurrency is a rising trend in the global digital sphere with different coins and tokens appearing left and right. One of the most unique and newest tokens in the market is CatzCoin.
What does this crypto have to offer and how is it different from others? Here's an overview for you.

All about CatzCoin cryptocurrency

The CatzCoin team aims to build the largest cat community in the world through cryptocurrency. It was made by passionate crypto enthusiasts and cat lovers alike to make the crypto industry friendlier to people that love feline furry creatures.

It’s all about making the world a better place for cats to live in or, as the CatzCoin website puts it, a community of ‘cat fur-ends’. The whole CatzCoin team believes that all cats regardless of their gender, fur coat colour, breed or size deserves an opportunity to be loved and to have a home.

What is CatzCoin token and where can you use it?

Inspired by the Dogecoin community that used the digital coin to support members and crypto enthusiasts through donations and social media tips, CatzCoin aims to do the same but with a furry feline twist. The CatzCoin token is denoted as $CATZ. This community token can be acquired through supported exchanges and wallets. Here are some of the objectives of this cryptocurrency:

Building a global CatzCoin community
The team behind CatzCoin aims to create a global multilingual community. Members will be able to support and interact with each other through $CATZ transactions, payments and transfers. However, this will not be limited to the CatzCoin community since the asset can be purchased by anyone.

Decentralised finance (DeFi) utilities
DeFi utilities are peer-to-peer financial services on existing blockchains like Ethereum and Cardano. This technology allows users to trade, loan, and pay using cryptocurrencies and tokens that are supported by the blockchain.

CatzCoin tokens can be used for DeFi utilities such as CatzSwap, CatzFarming and CatzTrading. This means that $CATZ holders can stake their assets to earn transaction fees and liquidity pool tokens. Non-Fungible Tokens (NFT) can also be traded on the platform in exchange for other NFTs or $CATZ.

Charity votes and governance rights
$CATZ holders can engage in the CatzNation community. This means that all stakeholders can vote for the cat charity their donations will go to. Moreover, they’ll also have the right to vote on important issues such as product development, fee updates and structural changes on CatzCoin cryptocurrency.

The CatzCoin long-term goal

The initial mission of this cryptocurrency is to help and support homeless cats and persuade the CatzCoin community to do the same. You can be part of the advocacy by purchasing $CATZ coins on supported platforms because 5% of the total coin supply will be donated to cat charities.

Moreover, CatzCoin wants to dominate the market in ways that Dogecoin has in the last year. So far, Dogecoin is considered the beloved meme currency in the crypto sphere and its continuing popularity despite the volatile nature of the market solidifies its novelty status. The goal is to raise US$100 million by June 28, 2022, to completely overtake Dogecoin as the top community cryptocurrency. Currently, CatzCoin cryptocurrency has a trading volume of US$433,727.

The fur-endly CatzCoin team

CatzCoin is currently based in Sydney, Australia founded by William Wu who also acts as Chief Catz or Chief Executive Officer (CEO) of the company. He’s a certified cat lover and has a furry British Shorthair pal named Didi.

Before establishing CatzCoin cryptocurrency, he was a consultant at management consulting firm McKinsey and Company. He also holds degrees from prestigious universities including Wharton School of Business, London School of Economics and University of New South Wales.

Aside from Wu, cat lovers have joined the growing CatzCoin team to spearhead the marketing, strategy, analytics, social media and digital marketing strategy departments of the growing crypto asset.

How to purchase CatzCoin tokens

Similar to Bitcoin, there’s a fixed and limited supply of $CATZ in the market. This is to maintain demand in the market and help increase the value of each coin in the long run. Currently, there is one billion CatzCoin cryptocurrency available in the market and you can purchase them on the following platforms:

PancakeSwap
PancakeSwap is a food-themed DeFi protocol that is run on a Binance Smart Chain-based decentralised exchange. It was developed by anonymous developers inspired by breakfast food and Ethereum’s SushiSwap protocol.

This platform allows users to purchase BEP-20 tokens that are used for trading against a liquidity pool. You can purchase $CATZ tokens on PancakeSwap when you install a MetaMask wallet extension on your Chrome browser. Once you’ve set up your account, you can purchase the tokens using Binance Coins (BNB) or Bitcoin (BTC).

Trust Wallet
Trust Wallet is an online wallet where you can store cryptocurrencies, stablecoins and crypto tokens including BEP-20, ERC20 and ERC721 tokens. It also supports a decentralised app (dApp) Ethereum browser as well as Binance Smart Chains. You can access PancakeSwap through the dApp extension, purchase $CATZ tokens using BNB or BTC coins and store it in your Trust Wallet.


CatzCoin is still in its infancy but that doesn’t stop the team behind this crypto craze to be ambitious with the token. There’s no way of knowing what the future holds for CatzCoin cryptocurrency but there’s no denying that it has the same potential as Dogecoin in terms of community appeal and organic use for DeFi and crypto transactions.

Thanks for reading. What do you think about the future of CatzCoin?

Regards,
Karl from Bitcasino


Source: Bitcasino blog

Hey guys,
 
I check the thread and write down all your predictions. Please don't edit them, you will be disqualified.

Cheers,
Karl
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Hey everybody,

Esports has turned into a profitable and hugely followed spectator sport since the early 2000s. Owing to the rapid rise of video gaming creators and the impressive growth of the internet, esports opened a vast space of possibilities for the betting sector too.

Other than blockchain gaming and NFTs (non-fungible tokens), fans are also enjoying the profits of esports betting due to various markets available all-year-round. These days, bettors no longer solely rely on credit cards and bank accounts to support their teams and players. Instead, they deposit and bet with their favourite cryptocurrencies. Today, we answer the question: which are the best cryptocurrencies for esports betting?

Crypto is the new era of online betting

iGaming (online gambling) goes perfectly well with crypto. Their shared platform guarantees efficiency, transparency, and security. These qualities make market analysts confident of the paradigm shift in payment options. As cash, credit, and debit cards slowly become obsolete, crypto is the next big thing. As of today, there are around 6,000 different kinds of digital currencies in circulation. So, in terms of trust, popularity, and value, here are the five best digital currencies to use at esports crypto betting sites.

1. Bitcoin (BTC)
While Bitcoin’s one decade of existence is, well, less than a dot in the context of fiat money, it is a major currency revolution. Meaning, it shouldn’t be a surprise that it is the number 1 choice among the 300 million crypto users in the world.

Bettors prefer Bitcoin because it’s well-established, lucrative, and the largest crypto platform by both market cap and coin value. As of August 17, 2021 in CoinMarketCap, they are worth $866.22 billion and $45,910.85, respectively. That is why it continues to dominate all online casinos and sportsbooks. In addition, gambling operators trust Bitcoin because it is a strong peer-to-peer payment system, thus becoming the standard for crypto trading.

2. Ethereum (ETC)
Founded in 2013, Ethereum remains one of the strongest counterparts of Bitcoin. Not only is it the second-largest crypto by market cap, worth $374.16 billion this August 17, 2021 in CoinMarketCap, it is also one powerful and massive digital ecosystem. This is because it wasn’t a digital currency in the first place.

Instead, blockchain innovators developed it as a programmable network intended as a marketplace for financial services, games, and apps. It just so happens that it also holds its own coin called Ether (ETH), which is only a fraction of the many Ethereum-powered tools and services. In fact, if you have been into esports and the world of digital assets in general for quite some time, then you will have heard about NFTs. These digitally unique and valuable tokens are part of the Ethereum blockchain network.

3. Litecoin (LTC)
Litecoin may not immediately follow Bitcoin and Ethereum in terms of market cap ($12.10 billion) or coin value ($180.98) according to CoinMarketCap on August 17, 2021, but it has captured the trust of the masses due to its network design. True to its name, this Bitcoin fork is the lighter version and digital silver to Bitcoin’s digital gold.

Litecoin improved Bitcoin’s high fees and slower rate transactions. As it aimed to empower users to be their own bank and control their transactions, its new blocks on the network are produced every 2.5 minutes. In contrast, that makes it four times faster than Bitcoin’s mining of blocks at 10 minutes.

4. Tether (USDT)
Stablecoins are digital currencies backed by assets (e.g. fiat, crypto, and commodity). They ensure stability and high liquidity in the middle of the capricious crypto market. The most notable example you can trust is Tether. Pegged to the U.S. dollars, it is the most popular fiat-based stablecoin with a predictable value, high market cap ($63.66 billion), and large daily volume based on CoinMarketCap on August 17, 2021.

5. Cardano (ADA)
Similar to the relationship between Litecoin and Bitcoin, the new player Cardano is a blockchain smart contract platform created to fix the drawbacks of Ethereum. Despite its recent entry, it has impressively climbed to be among the top 10 digital currencies based on market cap, which is valued at $67.53 billion on August 17, 2021. Its coin value, worth $2.11, still has a long way to go but market-backed predictions stated that it could rise greatly at a future date.

What brings Cardano to the limelight is its strong competitive edge and firm communal building. Creators take pride in it being the ‘first third-gen virtual currency’, where its purpose is to ‘provide a more balanced and sustainable ecosystem’ for the crypto market.

As a result, it is said to be the only coin and blockchain project that has been thoroughly tested and peer-reviewed by academic scientists and programmers. Most of them are from the University of Edinburgh and the Tokyo Institute of Technology.

Betting and crypto: A match made in heaven

Having the best digital currency isn’t the first and only step to achieve a seamless online betting experience. Similar to how you assess your crypto options, your chance to win a variety of rewards also lies in your choice of esports betting platform.

Esports betting sites may be convenient due to their easy access, but always keep in mind that not everyone offers the same level of safety and security. Take the time to learn as much as possible about esports betting tips. After all, a successful bettor is a responsible one, and with hundreds of choices available today, take note of these top qualities of a trustworthy betting website to get started.


Thanks for reading. Hopefully, you found some useful information.
You are welcome to share your thoughts and let us know what is the best coin for you to bet on esports?

Cheers,
Karl from Bitcasino

Hey guys,

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Hey guys

Thank you all for participating so far.
The 2nd round is ON.

From today until August 21, you can make your 2nd prediction. And all of you who haven't made your prediction yet on this thread, you are welcome to take your guess.
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Hello, Bitcoin fans

In 2017, China’s Internet Finance Association stated that Bitcoin lacks legal foundations and to protect its people from the market’s volatility, China imposed stricter regulations on the industry. In the past few years, China has been one of the most active countries in shutting down crypto activities from mining to trading.

This 2021, the Chinese government intensified their crackdown on crypto with another warning against using cryptocurrency in trading. While there is no law in China that stops people from using cryptocurrencies, the government has cautioned the public about trading and mining cryptocurrencies.

Provinces in China drove out crypto mining companies with the ban issued in May 2021. In the same month, the People’s Bank of China (PBOC) published a warning saying that any activity related to the exchange of fiat money for cryptocurrencies, conducting token-based trading, and providing services to facilitate crypto trade will be charged with a criminal offence.

However, China isn’t the only country to pursue a crackdown on cryptocurrencies. Thailand and South Korea also shared their sentiments with China and issued their own warnings to crypto users and trading companies. In June and July 2021, the Bank of Thailand warned people against using cryptocurrencies for payments of goods and services.

As one of the biggest markets of cryptocurrency as well as the centre of most operations in crypto trading and mining, China plays a big part in the crypto industry. With the turbulent relationship of crypto with China and other Asian countries, the future of crypto in Asia is fogged with uncertainty.


Is it the end of Bitcoin in China?

China’s crackdown on crypto and especially on Bitcoin has been intense ever since the first issue in 2017. With China announcing that they will be working on their own digital currency, it became even harder for the crypto industry to break through and resume normal operations.

Cryptocurrency experts like Fred Thiel, CEO of Marathon Digital Holdings and a proud member of the Bitcoin Mining Council stated that the crackdown might be part of China’s effort to ensure the adoption of the upcoming digital currency created by their central bank. Another motivator could be that China is looking for a way to stem the capital outflow via cryptocurrencies and stable coins.

Thiel also said, ‘China’s government is doing everything it can to ensure that Bitcoin and other cryptocurrencies disappear from the Chinese financial system and economy.’ All of these are concerning for traders, miners and investors and it raises the question: Is this the end of Bitcoin in China?

As events continue to develop in China, the answer to that question is still unclear. However, Bitcoin is a well-established digital currency that pioneered decentralized operations in finance. Even with China banning crypto, it will be impossible for them to completely take it down. Of course, events in China can still affect Bitcoin’s value, but these can be easily reversed as the operations move offshore and traders deposit their crypto in overseas exchanges.

Over the whole debacle on the crackdown, Bitcoin has remained resilient, with operations that were halted in China only moving offshore. Despite all the regulations enforced on traders and users, Bitcoin continues to thrive in China. Instead of relying on RMB transfer, Bitcoin traders are now using the US dollar-linked cryptocurrency, USDT to buy Bitcoin and deposit it on overseas exchange, effectively trading Bitcoin. In a way, it became an underground currency instead of completely disappearing in the crypto scene in China.

Hope in the midst of a crackdown

Cryptocurrency is still not recognized as legal tender in most Asian countries. This is a concerning issue that can affect the marketability of crypto since it limits the use of cryptocurrencies on trade. Fortunately, there seems to be a light shining through the turbulent relationship between cryptocurrency and China.

During a panel hosted by CNBC on April 19, 2021, deputy governor of PBOC, Li Bo called Bitcoin an investment alternative for the first time since the crackdown. Although the regulatory framework that China has on crypto remains unchanged, the Chinese government’s statement on Bitcoin being an ‘investment alternative’ is definitely an improvement from the former ‘non-legal tender’.

To clarify, China still doesn’t recognise Bitcoin or any other cryptocurrencies as actual currency. However, the government is starting to acknowledge that it plays a part in the area of investments and now regards it as crypto-assets. Li Bo mentioned that China is still looking into crypto and what regulations they can apply to prevent risks of financial instability in the country.

Is it safe to invest in Bitcoin in Asia right now?

Bitcoin remains in the legal grey area for most countries. Some are still trying to figure out how to regulate cryptocurrencies in an effort to prevent any criminal transactions to be made in these decentralized platforms.

Even simply searching for crypto-related keywords will yield no result in the popular Chinese media outlet, Weibo. It is a difficult time not just for Chinese traders but also for the rest of the crypto community all over the world.

China has a prominent effect on the crypto market all over the world. With the country’s persistent crackdown on crypto, Bitcoin trading from major cryptocurrency exchanges fell by more than 40% in June 2021. The price of crypto also fell below the $30,000 mark within the same month.

Despite the devastating effect of the intense crackdowns by China, the crypto community around the world continues to persist and thrive. In China, crypto investors are finding new ways to trade without using RMB and the China-based crypto exchanges that were not able to get a license in China like OKE moved overseas to continue operations. Meanwhile, halted mining companies in China gave way for other mining companies in the world to thrive and pick up the slack.

Crypto might be under fire right now but as other countries reject the innovative and decentralized way of crypto, other countries like El Salvador are making Bitcoin an official currency, while USA, European Union, Canada and Australia have taken a positive stance in the development of crypto as an alternative exchange.


Thanks for reading and please share your thoughts on this topic.

Regards,
Karl


Source: Bitcasino blog

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Hi guys

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Hey Bitcoin fans

Most people wonder if it’s even possible to protect your Bitcoin or other assets from crypto market volatility.
You may not be able to avoid it entirely but you can take several measures to lessen its impact on your hard-earned investments.

We have a new blog article where you can find some steps: Tips to protect your Bitcoin from market volatility.

You are welcome to share your thoughts.

Cheers,
Karl
Bitcasino.io