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BitMEX Integration is LIVE on Aluna.Social Copy Trading Terminal

Bitcoin Press Release: Aluna.Social today announced the release of BitMEX integration on their multi-exchange social trading terminal. 

 

19th June 2020 – The integration provides an easy way for BitMEX traders to manage their account on Aluna along with other exchanges, share their trades with others, win prizes on the leaderboard, and automatically copy other traders.

 

“This is an exciting milestone for us; adding Derivative markets to Aluna opens up new opportunities for traders to soon copy or counter-copy anyone on Futures exchanges such as BitMEX,” says Alvin Lee, Co-founder at Aluna.Social.

 

Benefits of connecting a BitMEX account to Aluna include:

  • Manage BitMEX and 4 other exchanges on Aluna
  • Automatically share BitMEX trades
  • Climb the Aluna Leaderboard and win prizes
  • Copy or Counter-copy other traders
  • Prove trading performance with an Aluna Profile

 

Read-only mode for BitMEX is now available on the Aluna.Social beta for free. Create an API key on BitMEX, and add it to the Aluna platform to enjoy free portfolio management, API trading, and social trading tools.

 

For more information, visit the blog post here. Join the community on Telegram and follow us on Twitter to get first dibs on new features and more.

 

About Aluna.Social

Aluna.Social is a gamified multi-exchange social trading terminal. It combines the best of API trading terminals and social networks to create a transparent environment where traders and investors can thrive. Manage all exchange accounts in one place, leverage community insights, and automatically copy the World’s best crypto traders. Aluna.Social is currently in Beta and integrated with BitMEX, Bitfinex, Binance, Bittrex and Poloniex.

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Aluna.Social is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post BitMEX Integration is LIVE on Aluna.Social Copy Trading Terminal appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – Massive Exposure For Bitcoin Services, Projects, and Merchants

Source: BITCOIN PR

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Petro Coin (PETC) skyrockets over 400% after listing on GodFinex exchange

(25 May 2020 |Singapore) – Petro Coin (PETC) project, a blockchain-powered service platform which helps to quickly create, manage and maintain enterprise-level networks and commercial blockchain applications, surged over 400% after listing on GodFinex, a world-leading cryptocurrency exchange which focuses on digital currency transactions and future development, and only provides safe and convenient currency transactions. 

Petro Coin (PETC) has features such as low development costs, fast deployment, high performance and strong scalability, security and reliability, which can provide a one-stop solution for developers or business with blockchain capabilities. The original main-side chain model and core system of Petro Coin integrate and abstract the underlying blockchain network, consensus, application development capabilities and blockchian supporting facilities into user-acceptable programmable interfaces and operating interfaces, which allows enterprises and developers to focus more on the development of the applications. 

Moreover, Petro Coin (PETC) will be backed by the oil reserve in Middle East, meaning its value has solid support as well as high potential along with the development of the ecosystem. Finally, Petro Coin (PETC) has international ambitions as well, hoping to become a global digital means of exchange between sovereign countries, particularly in the oil industry. Also, PETC aims to become a financial shortcut for the unbanked population around the globe. 

As the only circulating asset in the ecosystem, Petro Coin (PETC) has a total supply of 2 billion, and production will be reduced once 2116800 blocks. Out of the 2 billion supply, 700,000,000 Petro Coin (PETC) will be in the subscription with private placement price as 0.023 USD and 90 days subscription period. 

GodFinex, which has listed Petro Coin (PETC), is the world’s leading cryptocurrency marketplace, where global crypto tradersand institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide trading services for major cryptocurrencies, offering investors great flexibility in formulating their strategies to maximize gains and mitigate risks.

About Petro Coin 

Petro Coin is a service platform which helps to quickly create, manage and maintain enterprise-level networks and commercial blockchain applications. It has features such as low development costs, fast deployment, high performance and strong scalability, security and reliability. Thus, Petro Coin system is a one-stop solution for developers or business with blockchain capabilities. Petro Coin system’s original main-sidechain model and core system integrate and abstract the underlying blockchain network, consensus, application development capabilities, and blockchian supporting facilities into user-acceptable programmable interfaces and operating interfaces, shielding them. The underlying technical details make application development simpler and more efficient, and allow enterprises and developers to focus more on the development of the applications.

The post Petro Coin (PETC) skyrockets over 400% after listing on GodFinex exchange appeared first on NullTX.

Source: null tx

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Global Market Sees Increased Cryptocurrency Interest as Crypto Betting Sites Thrive

Leading cryptocurrency aggregator CoinmarketCap has released a report detailing a surge in crypto Interest across both age and regional demographics. This recent adoption was aided by the resurgence of popular casino and sportsbook sites like 1xBit

15th June 2020, Cyprus – According to data from CoinMarketCap, the biggest crypto data aggregator on the market, more and more users are showing an interest in digital assets. This interest was recorded in the youthful age demographic, as well as various regional demographics. Countries that saw the most user growth, in the first quarter of 2020, were India, Pakistan, Colombia, Canada, and Nigeria. The countries with the most female user growth are Greece and Romania.

Crypto Surge in Age and Regional Demographics

The report published by CoinMarketCap analyzed the market and user trends surrounding cryptos for the first quarter of 2020. Data sourced for the report came from proprietary market capitalization data and user insights from CoinMarketCaps massive user base.

In addition to the trends and events that occurred around the coronavirus-induced March 12 market crash, CoinMarketCap identified two other trends that indicated positive developments for cryptos.

The first trend relates to growth in interest from female users of 43.24% on its platform, and the second trend recorded a 46.04% quarterly growth in interest for young adults (ages between 18 and 24).

A quote from the CoinMarketCap report reads:

“In relation to the youth user segment (aged 18-24), the continent of Oceania saw the biggest percentage jump of 151.95%, followed by Africa with 91.47%,”- was the observation made in the report.”

The top nine countries with a user growth of at least 80% were as follows:

  • Nigeria: 210.6%
  • Australia (158.07%)
  • Spain (120.71%)
  • Canada (112.45%)
  • Mexico (97.33%)
  • The U.K. (91.48%)
  • Colombia (85.07%)
  • India (83.07%)
  • Pakistan (81.79%)
  • Greece Up (164%)

These percentages represent the number of new users between the ages of 18 and 24 in the first quarter. The numbers are much higher compared to those of the previous quarter. from this quarter the number of women interested in cryptocurrency increased by 43%. Data from the first quarter also revealed that more female users have started to show interest in crypto as well:

“While we have consistently seen an increasing number of female users, this segment saw a particularly strong growth of 43.24% compared to the previous quarter. Within the female user segment, the Americas and European regions grew more than 50% in users.

The nine countries with the highest growth in the female user sector in the first quarter compared to the previous one are:

  • Greece: 163.67%
  • Romania (145.09%)
  • Argentina (98.23%)
  • Portugal (89.95%)
  • Indonesia (88.92%)
  • Ukraine (86.68%)
  • Czechia (85.6%)
  • Colombia (82.03%)
  • Venezuela (80.23%)

CoinMarketCap also discovered that not only the youth is interested in digital assets, as it observed an increase of 41% in the number of users past the age of 65.

Top Crypto Casinos See Surge in Use

As most operations and businesses have had to move online because of coronavirus restrictions, many gamblers have also taken their activity online. As a result there has been a rise in interest for crypto casinos due to their many advantages. The online crypto casino and crypto sportsbook, 1xBit is one such site, as it allows users to register easily and remain completely anonymous while betting and gambling.

1xBit supports more than 20 cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Dogecoin, Monero, Zcash, Tether, Ripple, and many others. As all payments are made in crypto, there are no fees applied when user deposits and withdrawals from your multi-currency account. Also, payouts are executed at a fast rate, with no long waiting times.

There has been a surge in esports popularity on betting sites,and crypto casinos as traditional sports have been on hiatus. Esports and crypto are a perfect combination, as they both have tech-savvy audiences. 1xBit also features a variety of esports events with high odds, in addition to more than 5000 slots, games from 100 game providers, and dozens of table games with live dealers.

1xBit offers a huge BTC bonus to new users which can range up to 7 BTC. There are four initial deposit bonuses that range between 1 BTC and 3 BTC, and the total amount can reach a whopping 7 BTC.

  • Deposit Bonus 1: (100%) up to 1 BTC
  • Deposit Bonus 2: (50%) up to 1 BTC
  • Deposit Bonus 3: (100%) up to 2 BTC
  • Deposit Bonus 4: (50%) up to 3 BTC

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

Learn more about 1xBit – https://1xbit.com/bonus/rules/welcome_bonus

Get the latest 1xBit news from Twitter – https://twitter.com/1x_bit

Watch 1xBit on YouTube – https://www.youtube.com//1xbit

Join the 1xBit community on Telegram – https://t.me/sportsbook_1xBit

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Global Market Sees Increased Cryptocurrency Interest as Crypto Betting Sites Thrive appeared first on NullTX.

Source: null tx

Uncategorized

Global Market Sees Increased Cryptocurrency Interest as Crypto Betting Sites Thrive

Bitcoin Press Release: Leading cryptocurrency aggregator CoinmarketCap has released a report detailing a surge in crypto Interest across both age and regional demographics. This recent adoption was aided by the resurgence of popular casino and sportsbook sites like 1xBit

15th June 2020, Cyprus – According to data from CoinMarketCap, the biggest crypto data aggregator on the market, more and more users are showing an interest in digital assets. This interest was recorded in the youthful age demographic, as well as various regional demographics. Countries that saw the most user growth, in the first quarter of 2020, were India, Pakistan, Colombia, Canada, and Nigeria. The countries with the most female user growth are Greece and Romania. 

Crypto Surge in Age and Regional Demographics

The report published by CoinMarketCap analyzed the market and user trends surrounding cryptos for the first quarter of 2020. Data sourced for the report came from proprietary market capitalization data and user insights from CoinMarketCaps massive user base.

In addition to the trends and events that occurred around the coronavirus-induced March 12 market crash, CoinMarketCap identified two other trends that indicated positive developments for cryptos.

The first trend relates to growth in interest from female users of 43.24% on its platform, and the second trend recorded a 46.04% quarterly growth in interest for young adults (ages between 18 and 24).

A quote from the CoinMarketCap report reads: 

“In relation to the youth user segment (aged 18-24), the continent of Oceania saw the biggest percentage jump of 151.95%, followed by Africa with 91.47%,”- was the observation made in the report.”

The top nine countries with a user growth of at least 80% were as follows:

  • Nigeria: 210.6%
  • Australia (158.07%)
  • Spain (120.71%)
  • Canada (112.45%)
  • Mexico (97.33%)
  • The U.K. (91.48%)
  • Colombia (85.07%)
  • India (83.07%)
  • Pakistan (81.79%)
  • Greece Up (164%)

These percentages represent the number of new users between the ages of 18 and 24 in the first quarter. The numbers are much higher compared to those of the previous quarter. from this quarter the number of women interested in cryptocurrency increased by 43%. Data from the first quarter also revealed that more female users have started to show interest in crypto as well:

“While we have consistently seen an increasing number of female users, this segment saw a particularly strong growth of 43.24% compared to the previous quarter. Within the female user segment, the Americas and European regions grew more than 50% in users.

The nine countries with the highest growth in the female user sector in the first quarter compared to the previous one are: 

  • Greece: 163.67%
  • Romania (145.09%)
  • Argentina (98.23%)
  • Portugal (89.95%)
  • Indonesia (88.92%)
  • Ukraine (86.68%)
  • Czechia (85.6%)
  • Colombia (82.03%)
  • Venezuela (80.23%)

CoinMarketCap also discovered that not only the youth is interested in digital assets, as it observed an increase of 41% in the number of users past the age of 65.

Top Crypto Casinos See Surge in Use

As most operations and businesses have had to move online because of coronavirus restrictions, many gamblers have also taken their activity online. As a result there has been a rise in interest for crypto casinos due to their many advantages. The online crypto casino and crypto sportsbook, 1xBit is one such site, as it allows users to register easily and remain completely anonymous while betting and gambling. 

1xBit supports more than 20 cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Dogecoin, Monero, Zcash, Tether, Ripple, and many others. As all payments are made in crypto, there are no fees applied when user deposits and withdrawals from your multi-currency account. Also, payouts are executed at a fast rate, with no long waiting times.

There has been a surge in esports popularity on betting sites,and crypto casinos as traditional sports have been on hiatus. Esports and crypto are a perfect combination, as they both have tech-savvy audiences. 1xBit also features a variety of esports events with high odds, in addition to more than 5000 slots, games from 100 game providers, and dozens of table games with live dealers.

1xBit offers a huge BTC bonus to new users which can range up to 7 BTC. There are four initial deposit bonuses that range between 1 BTC and 3 BTC, and the total amount can reach a whopping 7 BTC

  • Deposit Bonus 1: (100%) up to 1 BTC 
  • Deposit Bonus 2: (50%) up to 1 BTC 
  • Deposit Bonus 3: (100%) up to 2 BTC 
  • Deposit Bonus 4: (50%) up to 3 BTC

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

 

Learn more about 1xBithttps://1xbit.com/bonus/rules/welcome_bonus

Get the latest 1xBit news from Twitterhttps://twitter.com/1x_bit

Watch 1xBit on YouTube – https://www.youtube.com//1xbit

Join the 1xBit community on Telegramhttps://t.me/sportsbook_1xBit

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Global Market Sees Increased Cryptocurrency Interest as Crypto Betting Sites Thrive appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – Massive Exposure For Bitcoin Services, Projects, and Merchants

Source: BITCOIN PR

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‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange

With its latest listing on the HotBit Exchange, BitGesell coin (BGL) continues to prove that a decentralized architecture designed to overcome Bitcoin’s shortcomings will have the support of stakeholders in a crypto ecosystem, betting on intrinsic features like transactional coin burning that can establish BGL as true digital gold.

11th June 2020, Amsterdam, Netherlands – Crypto asset BitGesell is quickly shaping up to be one of this year’s most promising projects, focusing on practical application with incentive propositions that appeal directly to miners, investors and network participants.

Its latest listing on popular crypto exchange HotBit Exchange is only the latest milestone for BGL, now allowing better access via trading on the open market, to allow more people to experience what it really means to own digital gold.

Is Bitcoin really the digital version of gold?

While Bitcoin’s role is firmly established in the cryptocurrency industry, foremost as the  world’s most liquid digital asset, there remain questions as to what its true purpose could be in the near future.

Throughout its evolution over a short 11 years of existence, the symbolic father of crypto has carried several different tags. And as Bitcoin changed its form, community and found new and different uses, so have the meanings of these tags changed.

If Bitcoin was originally the peer-to-peer digital money that people would use to send to each other as payment for goods and services, today, that usage has arguably moved away to cheaper and faster alternatives as scalability issues that have plagued Bitcoin from the beginning have not been fully addressed.

Even up to 2017, it was still possible to send Bitcoin transactions with little to no fees, but each time the network experiences a surge in activity, just as it has been since May 2020, congestion has led to fee wars, as Bitcoin users bid to have miners include their transactions for confirmations before others.

According to some sources, average Bitcoin fees in 2020 grew more than 2,200%. Second-layer solutions like Lightning Network have seen some success in speedy and cheap transactions, but at the cost of taking the transaction off-chain. Lightning Network solutions, along with Segregated Witness introduced in 2017, have also a long way to come in mass adoption, with most major service providers and client wallets yet to be compatible with these.

Bitcoin’s situation also becomes less obvious even when taking into account Lightning Network and scalability uptakes. For miners, halved block rewards, compounded with negligible fees over Lightning, and increased block size from SegWit, mean that miner costs can no longer be covered by block subsidies or fees. Miners will be forced to switch off, leading to network difficulty decreases in the long term.

Why BGL scarcity is the real deal in deflationary digital gold

BitGesell Head Developer Emma Wu outlines how BGL has addressed each of Bitcoin’s shortcomings, ensuring that it is designed especially to fit the digital gold premise of maintaining and growing in value over the long term.

In particular, the programmed burn feature of BGL, whereby 90% of every transaction fee sent to miners will be irrecoverably destroyed. This isn’t just a promise of buyback and token burns, like most projects do, relying on centralized decisions to burn tokens. This is a hard-coded programming that forces burning to happen with every transaction.

Token burning is a proven token economics model that uses basic supply and demand principles. In this economics model, when supply is decreased, and demand remains, price equilibrium will become higher. Essentially, every BGL transaction increases the scarcity of the coin, thereby increasing its price equilibrium and giving it more value in dollar terms.

Compare this to gold, which rate of extraction is a very low 1.8% annually, or to national currencies which are entering unprecedented money printing to infinity. With all the world’s major assets and currencies, inflation is happening at a steady pace. Bitcoin was designed as a deflationary currency because of its rigid supply constraint, which is the basic fundamental of Bitcoin’s utility and demand: there will only ever be 21 million Bitcoin. 

And because BGL is built off the Bitcoin source code, there is also only ever going to be a maximum possible amount of 21 million BGL. But because Bitcoin has technical shortcomings like halvings once only every four years, and low-transaction fees, it’s scarcity factor will play out over decades.

However, with BGL, the deflationary pressure is quicker with token burning and shorter halving times and smaller blocks, seeing a max supply of 21 million BGL ever mined in just a few years, after which, max supply can only drop with transaction burning.

In details:

  1. Smaller block sizes (10% Bitcoin block size), combined with higher transaction fees, ensure that miners are well compensated, and that only large transactions take place, promoting holding and keeping supply tight.
  2. Increased scarcity measures by token burning. 90% of all transaction fees in BGL will be permanently destroyed, ensuring that even more of the fixed supply is removed with every transaction.
  3. Community wallet specified in genesis block itself. A community wallet has been specified in the very first BitGesell block mined, and will receive funds to be distributed for further project growth, placed as a message: “Your support helps ecosystem keep growing. bgl1qkecxxg8ekyruwkkhea7ye5c0ganmhdl7d5nna3”.

The balance and transactions of this wallet can be viewed publicly on the blockchain, with the usage of funds there reported periodically to the community. This is BGL’s statement of commitment for building and expanding BGL infrastructure.

  1. Annual halving to achieve a max supply of 21 million coins and zero emissions like BTC, but in a fraction of the time.

While Bitcoin holders today will never live to see the day Bitcoin achieves zero emissions and lives up to its digital gold tag, BitGesell holders need only wait a few years to see Bitcoin the way its economic model described it to be.

Learn more about true digital gold at the official BitGesell website or buy and trade BitGesell coin with Bitcoin now on HotBit Exchange.

Media Contact Details

Contact name: Emma Wu

Email: wuemma@protonmail.com

Learn more about BitGesell – https://bitgesell.ca/

BitGesell is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post ‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange appeared first on NullTX.

Source: null tx

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CryptoCoin.PRO Presents the Virtual Blockchain Summit 2020 – The World’s First Tokenized Event

CryptoCoin.Pro have announced the world’s first tokenized blockchain event, the 2020 Virtual Blockchain Summit, which will run from June 11th – 12th.

8th June 2020, location – Blockchain is growing fast, so fast that just staying up to date with current events is a challenge in itself. The new global landscape of 2020 has only added to this challenge, making the physical attendance of such events a foregone conclusion. Despite these challenging obstacles, innovative people and companies will always find a way.

In order to create something of value and magnitude, people of different backgrounds but with similar values must connect, gather and debate the hottest topics of today.

CryptoCoin.PRO, organizers of the Virtual Blockchain Summit are proud to announce that they have successfully managed to circumvent today’s challenges, and organize the 2020 edition of their global event. This will be achieved with a technological twist using Streams.live video-streaming solution.

The organizers of the Virtual Blockchain Summit have been working on this solution so that the world can have a seat at the table with some of the best people in the industry. Attendees will be able to engage and connect with top professionals from the blockchain, venture capital, fintech, and payment spheres.

What makes the Virtual Blockchain Summit stand out from other events?

In addition to bringing everyone together for Blockchain Summit 2020, CryptoCoin.PRO have decided to implement blockchain technology in the event itself.

The Virtual Blockchain Summit 2020 is the world’s first tokenized event. This means that each speaker participating at the event will receive ownership tokens in the company that organizes VBS, thanks to the tokenization technology from Tokeny Solutions, used by CryptoCoin.PRO, to tokenize an event for the very first time.

Tokenization is a technology that goes hand-in-hand with blockchain technology. It is the process of protecting sensitive data by replacing it with an algorithmically generated number called a token. The banking industry has adopted tokenization to protect sensitive card data or other financial information.

The Virtual Blockchain Summit will use blockchain-based tokenization, allowing the organizers to create a unique business environment. This new concept in the event industry is a contribution that will probably spur other innovations in the future.

The event panelists include names such as:

  • Miko Matsumura – EverCoin
  • Henri Arslanian – FinTech Association
  • Beniamin Mincu – Elrond Network
  • Daniel Coheur – Tokeny Solutions
  • Sergiu Draganus – CryptoCoin.PRO FIAT<>Crypto ( event host )

The entire list can be read on the event’s page at: https://www.vbs.live

This even offers the world the chance to have a seat at the table with some of the best names and leaders from the blockchain industry. Technologically, Virtual Blockchain Summit is living a dream. Innovation sprouts at almost every corner of every street.

Check VBS.LIVE  to register for FREE to attend the Virtual Blockchain Summit 2020 edition and take a seat at the table.

CryptoCoin.Pro

CryptoCoin.Pro – is a FIAT<>Crypto Payment and Withdrawals service provider via GUI & API / Credit Card and Bank Transfers. It aggregates a full set of compliant flows and processes helping blockchain projects to bypass their challenges and bottlenecks related to FIAT<>Crypto integrations.

Tokeny Solutions

Tokeny Solutions enables mid-cap companies, marketplaces, investment banks, funds, asset managers and distributors to dematerialize assets on the blockchain, allowing them to reach a global audience, enforce compliance obligations, enable automation and increase operational efficiency.

The Luxembourg-based FinTech company is the market-leader in delivering an institutional grade, modular end-to-end platform, allowing for the issuance, transfer and servicing management of tradable digital assets/security tokens, such as tokenized loans, structured notes, equity and funds. Tokeny has issued multiple tokenized offerings across five continents with further security offerings imminent.

Register for Virtual Blockchain Summit 2020 Edition – https://www.vbs.live

Media Contact Details

Contact Name: Sergiu Draganus

Contact Email: on@vbs.live

Virtual Blockchain Summit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: As the world’s first cryptocurrency and Bitcoin PR service and newswire, Bitcoin PR Buzz has helped over 800 satisfied clients to reach their goals during its 7 years of service. To get your project featured on some of the world’s top Crypto and mainstream news sites, visit Bitcoin PR Buzz today.

The post CryptoCoin.PRO Presents the Virtual Blockchain Summit 2020 – The World’s First Tokenized Event appeared first on NullTX.

Source: null tx

Uncategorized

‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange

Bitcoin press release: With its latest listing on the HotBit Exchange, BitGesell coin (BGL) continues to prove that a decentralized architecture designed to overcome Bitcoin’s shortcomings will have the support of stakeholders in a crypto ecosystem, betting on intrinsic features like transactional coin burning that can establish BGL as true digital gold.

11th June 2020, Amsterdam, NetherlandsCrypto asset BitGesell is quickly shaping up to be one of this year’s most promising projects, focusing on practical application with incentive propositions that appeal directly to miners, investors and network participants.

Its latest listing on popular crypto exchange HotBit Exchange is only the latest milestone for BGL, now allowing better access via trading on the open market, to allow more people to experience what it really means to own digital gold.

Is Bitcoin really the digital version of gold?

While Bitcoin’s role is firmly established in the cryptocurrency industry, foremost as the  world’s most liquid digital asset, there remain questions as to what its true purpose could be in the near future.

Throughout its evolution over a short 11 years of existence, the symbolic father of crypto has carried several different tags. And as Bitcoin changed its form, community and found new and different uses, so have the meanings of these tags changed.

If Bitcoin was originally the peer-to-peer digital money that people would use to send to each other as payment for goods and services, today, that usage has arguably moved away to cheaper and faster alternatives as scalability issues that have plagued Bitcoin from the beginning have not been fully addressed.

Even up to 2017, it was still possible to send Bitcoin transactions with little to no fees, but each time the network experiences a surge in activity, just as it has been since May 2020, congestion has led to fee wars, as Bitcoin users bid to have miners include their transactions for confirmations before others.

According to some sources, average Bitcoin fees in 2020 grew more than 2,200%. Second-layer solutions like Lightning Network have seen some success in speedy and cheap transactions, but at the cost of taking the transaction off-chain. Lightning Network solutions, along with Segregated Witness introduced in 2017, have also a long way to come in mass adoption, with most major service providers and client wallets yet to be compatible with these.

Bitcoin’s situation also becomes less obvious even when taking into account Lightning Network and scalability uptakes. For miners, halved block rewards, compounded with negligible fees over Lightning, and increased block size from SegWit, mean that miner costs can no longer be covered by block subsidies or fees. Miners will be forced to switch off, leading to network difficulty decreases in the long term.

Why BGL scarcity is the real deal in deflationary digital gold

BitGesell Head Developer Emma Wu outlines how BGL has addressed each of Bitcoin’s shortcomings, ensuring that it is designed especially to fit the digital gold premise of maintaining and growing in value over the long term.

In particular, the programmed burn feature of BGL, whereby 90% of every transaction fee sent to miners will be irrecoverably destroyed. This isn’t just a promise of buyback and token burns, like most projects do, relying on centralized decisions to burn tokens. This is a hard-coded programming that forces burning to happen with every transaction.

Token burning is a proven token economics model that uses basic supply and demand principles. In this economics model, when supply is decreased, and demand remains, price equilibrium will become higher. Essentially, every BGL transaction increases the scarcity of the coin, thereby increasing its price equilibrium and giving it more value in dollar terms.

Compare this to gold, which rate of extraction is a very low 1.8% annually, or to national currencies which are entering unprecedented money printing to infinity. With all the world’s major assets and currencies, inflation is happening at a steady pace. Bitcoin was designed as a deflationary currency because of its rigid supply constraint, which is the basic fundamental of Bitcoin’s utility and demand: there will only ever be 21 million Bitcoin. 

And because BGL is built off the Bitcoin source code, there is also only ever going to be a maximum possible amount of 21 million BGL. But because Bitcoin has technical shortcomings like halvings once only every four years, and low-transaction fees, it’s scarcity factor will play out over decades.

However, with BGL, the deflationary pressure is quicker with token burning and shorter halving times and smaller blocks, seeing a max supply of 21 million BGL ever mined in just a few years, after which, max supply can only drop with transaction burning.

In details:

  1. Smaller block sizes (10% Bitcoin block size), combined with higher transaction fees, ensure that miners are well compensated, and that only large transactions take place, promoting holding and keeping supply tight.
  2. Increased scarcity measures by token burning. 90% of all transaction fees in BGL will be permanently destroyed, ensuring that even more of the fixed supply is removed with every transaction. 
  3. Community wallet specified in genesis block itself. A community wallet has been specified in the very first BitGesell block mined, and will receive funds to be distributed for further project growth, placed as a message: “Your support helps ecosystem keep growing. bgl1qkecxxg8ekyruwkkhea7ye5c0ganmhdl7d5nna3”.

The balance and transactions of this wallet can be viewed publicly on the blockchain, with the usage of funds there reported periodically to the community. This is BGL’s statement of commitment for building and expanding BGL infrastructure.

  1. Annual halving to achieve a max supply of 21 million coins and zero emissions like BTC, but in a fraction of the time.

While Bitcoin holders today will never live to see the day Bitcoin achieves zero emissions and lives up to its digital gold tag, BitGesell holders need only wait a few years to see Bitcoin the way its economic model described it to be.

Learn more about true digital gold at the official BitGesell website or buy and trade BitGesell coin with Bitcoin now on HotBit Exchange.

Media Contact Details

Contact name: Emma Wu

Email: wuemma@protonmail.com

Learn more about BitGesellhttps://bitgesell.ca/ 

BitGesell is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post ‘Digital Gold’ Crypto Asset BitGesell Announces Listing on Hotbit Exchange appeared first on Bitcoin PR Buzz.

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CryptoCoin.PRO Presents the Virtual Blockchain Summit 2020 – The World’s First Tokenized Event

Bitcoin Press Release: CryptoCoin.Pro have announced the world’s first tokenized blockchain event, the 2020 Virtual Blockchain Summit, which will run from June 11th – 12th.

8th June 2020, location – Blockchain is growing fast, so fast that just staying up to date with current events is a challenge in itself. The new global landscape of 2020 has only added to this challenge, making the physical attendance of such events a foregone conclusion. Despite these challenging obstacles, innovative people and companies will always find a way. 

In order to create something of value and magnitude, people of different backgrounds but with similar values must connect, gather and debate the hottest topics of today. 

CryptoCoin.PRO, organizers of the Virtual Blockchain Summit are proud to announce that they have successfully managed to circumvent today’s challenges, and organize the 2020 edition of their global event. This will be achieved with a technological twist using Streams.live video-streaming solution.

The organizers of the Virtual Blockchain Summit have been working on this solution so that the world can have a seat at the table with some of the best people in the industry. Attendees will be able to engage and connect with top professionals from the blockchain, venture capital, fintech, and payment spheres. 

What makes the Virtual Blockchain Summit stand out from other events?

In addition to bringing everyone together for Blockchain Summit 2020, CryptoCoin.PRO have decided to implement blockchain technology in the event itself. 

The Virtual Blockchain Summit 2020 is the world’s first tokenized event. This means that each speaker participating at the event will receive ownership tokens in the company that organizes VBS, thanks to the tokenization technology from Tokeny Solutions, used by CryptoCoin.PRO, to tokenize an event for the very first time.

Tokenization is a technology that goes hand-in-hand with blockchain technology. It is the process of protecting sensitive data by replacing it with an algorithmically generated number called a token. The banking industry has adopted tokenization to protect sensitive card data or other financial information.

The Virtual Blockchain Summit will use blockchain-based tokenization, allowing the organizers to create a unique business environment. This new concept in the event industry is a contribution that will probably spur other innovations in the future.

The event panelists include names such as: 

  • Miko Matsumura – EverCoin
  • Henri Arslanian – FinTech Association
  • Beniamin Mincu – Elrond Network
  • Daniel Coheur – Tokeny Solutions
  • Sergiu Draganus – CryptoCoin.PRO FIAT<>Crypto ( event host )

The entire list can be read on the event’s page at: https://www.vbs.live

This even offers the world the chance to have a seat at the table with some of the best names and leaders from the blockchain industry. Technologically, Virtual Blockchain Summit is living a dream. Innovation sprouts at almost every corner of every street.

Check VBS.LIVE  to register for FREE to attend the Virtual Blockchain Summit 2020 edition and take a seat at the table.

CryptoCoin.Pro

CryptoCoin.Pro – is a FIAT<>Crypto Payment and Withdrawals service provider via GUI & API / Credit Card and Bank Transfers. It aggregates a full set of compliant flows and processes helping blockchain projects to bypass their challenges and bottlenecks related to FIAT<>Crypto integrations.

Tokeny Solutions

Tokeny Solutions enables mid-cap companies, marketplaces, investment banks, funds, asset managers and distributors to dematerialize assets on the blockchain, allowing them to reach a global audience, enforce compliance obligations, enable automation and increase operational efficiency.

The Luxembourg-based FinTech company is the market-leader in delivering an institutional grade, modular end-to-end platform, allowing for the issuance, transfer and servicing management of tradable digital assets/security tokens, such as tokenized loans, structured notes, equity and funds. Tokeny has issued multiple tokenized offerings across five continents with further security offerings imminent.

Register for Virtual Blockchain Summit 2020 Editionhttps://www.vbs.live

Media Contact Details

Contact Name: Sergiu Draganus

Contact Email: on@vbs.live

Virtual Blockchain Summit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: As the world’s first cryptocurrency and Bitcoin PR service and newswire, Bitcoin PR Buzz has helped over 800 satisfied clients to reach their goals during its 7 years of service. To get your project featured on some of the world’s top Crypto and mainstream news sites, visit Bitcoin PR Buzz today.

 

The post CryptoCoin.PRO Presents the Virtual Blockchain Summit 2020 – The World’s First Tokenized Event appeared first on Bitcoin PR Buzz.

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Microlancer Revolutionizes the Gig Economy with Bitcoin

Microlancer_gig_crypto

Bitcoin Press Release: Fueled by Bitcoin’s new payment layer, one small gig economy site is exploding in user growth and the developer behind it has big plans.

 

June 2nd 2020, San Francisco, US: Microlancer.io, the crypto gig platform has just announced growth statistics and it is indicating that the gig economy is just about to enter a second boom fueled by bitcoin. With 40 million unemployed in the US alone, for many, finding a job is getting close to impossible hence easy ways to earn a bit of money are an anticipated antidote to support many through recession.

 

Not that the Microlancer announcement would resemble in any way a Berkshire Hathaway annual shareholder conference or a Bitcoin Suisse series A promotion. The “investor” relations are kept rather pure. Investors in microlancer haven’t been venture capitalists either but simply users and supporters who love and appreciate the platform’s features. Creating a task takes less than 20 seconds and within minutes, taskers or “microlancers” from around the world will apply to fulfill the task. 

 

Once the offer is completed the magic happens and the platform can play out its strengths. Sending the payment is as simple as taking a photo with your smartphone. Thanks to Bitcoin’s payment layer, the Lightning Network, payments are private, instant and nearly zero fees, which makes both sides very happy. The tasker receives the funds from escrow without delay and on the other side, the outsourcer saves potentially hundreds of dollars in listing and payment fees.

 

But what’s behind the rapid growth – is it just a fad or is there a solid business model? Tim, the single-handed developer behind the site believes that the demand is caused by a combination of economic and political factors: 

 

“My goal for Microlancer originally was to just increase lightning adoption, because I believe our current financial system is kleptocratic, unjust and unfair and Bitcoin is a great alternative. People who are unbanked are completely excluded from global commerce and basically have to decide whether to accept their poverty or struggle against a system that works against them. Microlancer solves that problem.”

 

It’s undeniable that Bitcoin adoption is going forward stronger than ever in places like Africa or Latin America, in countries that have been suffocated for years from economic devastation and inflation. When people are restricted from remittance and international transfers and the economy is breaking into pieces, the ability to work can be a matter of survival and sites like Microlancer can be a real blessing.

 

5000 satoshis, about 50 cents, might not be worth a mouse click in the US but it’s a breakfast with coffee in Ghana. And for 5000 satoshis you can outsource more than you think. Finding a hotel, or phone repair shop in a foreign city, letting someone design a logo for your new dog salon business. Whatever you are too lazy to do or to google, on Microlancer someone will be happy to do it for you. This doesn’t exclude professional use and more and more employers are attracted to the site for it’s extreme competitive pricing and convenience. Tim also said:

 

“I wanted to help people who were unable to work on traditional sites because they couldn’t fulfill the privacy-invading KYC requirements and the high fees would eat all their work, those people are the most excited about using Microlancer”

 

And it seems Microlancer has hit a nerve as latest statistics reflect rapid growth and an astonishing amount of users signed up. But will it make a dent against the big players in the gig economy? Freelancer, Fiverr and Upwork are now multimillion dollar platforms with millions in funding. Upwork had $168.8M funding, hundreds of employees and it’s IPO valuation at Nasdaq was $1.6B. Tim continues: 

 

“I’m one little guy fighting against $1.6B mammoths  – but the truth is that corporations have disadvantages too. They are slow and bureaucratic and they aren’t innovative enough to see the potential of lightning. Users will go choose the better service and I am pretty optimistic our growth curve will soon be even steeper especially when Bitcoin sees greater adoption and new all time highs. Then it’s inevitable.”


To find out more and start earning Sats today, visit the website at https://microlancer.io/

 

Media Contact Details
Contact Email: support@microlancer.io
Contact Twitter: @microlancer

 

Microlancer is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: As the world’s first cryptocurrency and Bitcoin PR service and newswire, Bitcoin PR Buzz has helped over 800 satisfied clients to reach their goals during its 7 years of service. To get your project featured on some of the world’s top Crypto and mainstream news sites, visit Bitcoin PR Buzz today.

 

The post Microlancer Revolutionizes the Gig Economy with Bitcoin appeared first on Bitcoin PR Buzz.

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Never Let Another Arbitrage Opportunity Pass Again with 24/7 Bitbengrab Trading

Bitcoin Press ReleaseArbitrage trading service Bitbengrab has launched a tool that helps its traders capitalize on manual or automatic arbitrage trading across 29 popular crypto exchanges.

26th May 2020, London – Cryptocurrency trading has never been more popular than it is today, and with the new 24/7 arbitrage trading tool from Bitbengrab it has never been this easy. Barely ten years after Bitcoin first appeared, thousands of digital assets have been created, with hundreds of exchanges opening worldwide to allow users to freely buy and sell coins, tokens and all manner of virtual currency.

Unlike traditional markets, crypto markets have especially unique features that make them highly attractive to the aspiring crypto trader.

The first most noticeable feature is that crypto markets are highly volatile — while swings of 5% can be seen as breathtaking for stocks, crypto often sees swings of 10% or more in a single day — Bitcoin dipped 80% within 24 hours in March 2020, and recovered just as much a few days later. For the ambitious trader willing to trade on swings, this means huge potential profits.

But the second feature of crypto markets is the fact that they are still very young, especially compared to forex or stock markets. Crypto markets have only been around in the past ten years and there is still so much room to grow into. Stocks and forex have had almost a century to fine-tune their models and pricing reactions. Because of this, some exchanges in some parts of the world can be slow to react to global average prices, or have extreme variables in supply and demand.

And this is where crypto arbitrage opportunities come in.

The Market That Never Sleeps

In trading, arbitrage simply means to take advantage of the price difference between two markets. In crypto trading, a digital asset will almost certainly be trading at different prices at any single exchange at any given time. A trader that buys the asset at Exchange A with a lower price and sells it at Exchange B with a higher price is said to have completed an arbitrage trading.

On normal days, the price difference, however, is quite small — usually small enough to make the potential profit negligible through commissions or withdrawal fees. So there is still a risk, if not done properly, or fast enough, traders could still be in net loss if they don’t execute the orders fast enough.

True arbitrage trading means risk free trading, where profits are guaranteed because the difference in price is so big that it is impossible to lose money. And these opportunities are always happening on a daily basis across the scores of exchanges around the world and thousands of digital assets being traded.

But these arbitrage opportunities don’t come by often, and don’t last long. Exchanges themselves will notice the price difference and work to adjust them. So how can a crypto trader move quickly enough to capitalize? The answer is the Bitbengrab Arbitrage Trading Service.

Bitbengrab Finds and Trades Arbitrage, All Day, Every Day

Bitbengrab uses libraries to connect to multiple exchanges and fetch price data and order books at precise intervals. It then analyzes the data from multiple market pairs and exchanges to locate price differences.

It then shows users several fool-proof arbitrage opportunities. Users can then execute these trades manually. Better still, they can use API keys to connect their exchanges with Bitbengrab so trades happen automatically from dashboard.

29 Supported Exchanges and Counting

Bitbengrab can trade arbitrage automatically at 29 exchanges, including Binance, Bitfinex and Bittrex, allowing users to trade at many major exchanges. It is recommended users first verify with KYC at all these exchanges to open max limits. A full Bitbengrab video tutorial has been prepared to help users connect securely.

Users need only give Bitbengrab API permissions for balance and trading. Never to withdraw or deposit to a user’s exchange accounts. The Bitbengrab team is on standby to assist all users with their specific exchange API doc or any questions about API permissions.

The Bitbengrab team of trading and programming experts has decades of experience collectively. The Bitbengrab company is incorporated in the UK as BITBENGRAB LTD.

Media Contact Details

Contact name: Bitbengrab Team

Email: support@bitbengrab.com

Learn more about Bitbengrab – https://www.bitbengrab.com/arbOps.php

Bitbengrab Video tutorial – 

https://youtu.be/Xcd7VJBSadE

Bitbengrab is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post Never Let Another Arbitrage Opportunity Pass Again with 24/7 Bitbengrab Trading appeared first on NullTX.

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