Nasdaq OMX-listed Company NPInvestor Launches Crypto Brokerage, CPHCrypto

Bitcoin Press Release: Danish Nasdaq OMX-listed company NPInvestor.com has launched a new low-cost crypto brokerage called CPHCrypto. The broker is designed to offer better value to the cryptocurrency trading market. 

 

31st August 2020, Copenhagen – Cryptocurrency brokers should be able to focus primarily on their trading strategy, and not be worrying about high commission charges or costly exchange subscriptions. That is the philosophy behind CPHCrypto.com, a new, low-cost crypto broker launched by the Danish Nasdaq OMX-listed company NPinvestor.com

 

CPHCrypto.com offers a fixed fee of only $39.00 per month for unlimited trading, and retail clients can trade totally commission-free. Traders can also use the trading platform before signing up to a fixed fee, with only a tiny 0.04% commission.

 

Lowest Price on the Market 

For a long time, commissions have been very high when trading crypto. This has been a

huge challenge for traders as the high costs can easily eat into the gains of even the most successful trader.

 

Martin Lykke, CPHCrypto.com Co-founder and Head of Product stated:

 

“We have a background in the trading industry. In the old days, it was expensive to trade shares, FX, etc. but competition in those markets has now driven costs very low. We are seeing the same in trading crypto coins, where it is currently expensive to trade. Competition will eventually drive costs down, and we are proud to be on the frontline,” 

 

Martin Continues:

 

“From a trader perspective, this is crucial. Not only are high costs killing traders’ profit, but it is also limiting their trading possibilities. Our set-up provides the trader with a lot of new trading strategies where you can profit from even small price movements. We are new in the crypto world so it is key for us that clients know they can trust us,”

 

Insured Deposits

All client crypto deposits are insured on CPHCrypto.com, so in the unlikely event of the company being hacked, clients deposits would not be affected. Traders can also use the platform in the knowledge that NPinvestor.com is completely regulated by Danish FCA.

 

How Does CPH Crypto Stack up Against the Competition? 

A price comparison between CPH Crypto and some of its big name competitors shows that CPH Crypto is the most inexpensive choice; even if traders decide to pay per trade instead of the even cheaper fixed fee of 39 USD/month for unlimited trading.

 

For a total trading Volume of $1000 or less, CPH Crypto takes a commission of $0.40 USD and a spread of $0.20, equalling a total cost of only $0.60. This stacks up very well against the competition, with big name alternatives such as Binance ($1.00), Kraken ($2.10), CoinBase Pro ($5.00), and Etoro ($3.75) all charging higher total commission rates.

 

For a trading Volume of $10,000 or less, CPH Crypto takes a total commission of $6.00, which is comparatively cheap when compared to Binance, Kraken, CoinBase Pro and Etoro, who charge $10, $21, $35, and $37.50 respectively.

 

For trading volume between $200,000 and $500,000 these savings start to shoot up, with savings as high as $680.00 between CPH Crypto and a competitor.

 

Affiliate Program

CPH Crypto users can now earn a 25% LIFETIME commission on fixed trading fees for every successful referral. Large marketplaces, content websites, social media influencers and bloggers can all take advantage of simple linking tools to maximize their advertizing needs and monetize their content.

 

Anyone can take advantage of fixed trading fees and competitive conversion rates earning with the CPH Crypto affiliate program today

 

Learn more about CHP Crypto’s broker platform – https://cphcrypto.com/

Follow CHP Crypto on Facebook – https://www.facebook.com/cphcrypto

 

Media Contact Info

Contact Name: Martin Lykke Nielsen

Contact Email: martin@cphcrypto.com

Phone Number: +45 31553867

 

CPHCrypto.com 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.

 

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Trending Bitcoin News and Market Sentiment, Weekly Edition 28th August, 2020: Bitcoin in Brief Retreat, Mixed Crypto Sentiment As SEC Broadens Accredited Investor Definition, More Buy Bitcoin Signals Emerge

• Bitcoin ends the week in retracement from current yearly highs
• Mixed crypto sentiment as US SEC broadens definition for accredited investors
• More old school finance people say buy Bitcoin now

Bitcoin, along with the rest of the crypto market, does seem to have snagged itself into a minor tailspin over the last few days, retreating from heights of USD 12,400 to around USD 11,200 earlier before trading close to USD 11,500 right now.

Most traders won’t be too worried about this of course, since Bitcoin is still pretty strong on a medium and long term trend, and has pulled up the rest of crypto along with it, particularly those in the Defi sector whose flight to the top does not appear to have abated much.

One of the big items of news this week was the announcement from the US Securities and Exchange Commission (SEC) that has now relaxed the definition of what it views as “accredited investors”. According to them, the definition would be now on the basis of “professional certifications, designations or credentials, or other credentials issued by an accredited educational institution”, instead of the previous rigid definitions which meant you needed to be valued at least USD 1 million in net worth or have an annual stable income of at least USD 200,000.

This SEC rule has in fact long been a matter of discussion especially among the crypto and blockchain community, since this has meant that only very few people were able to invest in regulated security token offerings, among other opportunities in the digital asset ecosystem.

So of course, the new move, on the surface, does appear to open more access to private investors and retail investors to more diversified types of investment. However, the crypto community at large has given a mixed reaction.

Kudos to the SEC for acknowledging that a penniless GenZ’er can be just as sophisticated an investor as a Wall Street Boomer. Wealth does not equal investment acumen, just look at how the Wall Street “experts” missed the #Bitcoin rocket ship. 🤡 https://t.co/tDpeyfjEQ8

— Tyler Winklevoss (@tylerwinklevoss) August 26, 2020

The majority of views from the crypto leaders and shakers have been positive, make no mistake. Praise was forthcoming from the likes of Gemini co-founder Tyler Winklevoss, who happily said that it was high time the regulator recognized that “a penniless GenZ’er could be just as sophisticated an investor as a Wall Street Boomer”.

Zcoin founder Poramin Insom also reacted with positivism, saying that this would mean greater inclusion in future security token offerings, and the effect of additional investment into this market coould help smaller projects get the traction they desire. Trading platform Uphold chief revenue officer Robin O’Connell remarked:

“It’s great to see that the regulators are adapting. It allows for increased opportunity and access to investments that were previously just offered to the privileged few.”

But many others believe this step is not nearly enough, as one comment to Winklevoss’s statement demonstrates:

“It is still a large barrier to entry to expect someone to take an exam, get sponsored by a company, take another exam, then be able to invest. A lot of intelligent enough individuals still do not have the resources to accomplish that while going to school for their careers too.”

Crypto influencer Anthony Pompliano called for “even greater access and broader rules”, while Celsius Network CEO Alex Mashinsky said:

“99% of the population has been excluded from getting access to the best innovation this country has to offer, so the question now is whether the regulators will require accreditation for retail users to do what they already do or will the SEC let what is going on continue.”

SEC Commissioner Hester Peirce herself seemed optimistic but her Tweet certainly implied there was room for improvement, Tweeting: “Americans shouldn’t have to ask the SEC for permission to invest, but today’s accredited investor rule at least offers people a path to ask permission based on their education, rather than simply telling them ‘no, unless you’re rich.'”

Meanwhile, the voices are getting louder telling people to get into Bitcoin and get out of fiat. This time, however, the voices seem to be coming not just from those against the traditional finance and banking system, but also those strictly inside it.

Jerome Powell’s speech today will be for the history books.

Never in the history of mankind was so much stolen from so many by so few.

Opt out with #Bitcoin.

— Andy Yee (@ahkyee) August 27, 2020

Just today, as the US dollar currency index (DXY) is still wondering what hit it when a Federal Reserve speech that brazenly suggested it would allow inflation to pass, shook out large amounts from it, to stand at 92.28, Visa senior director of public policy sent out a Tweet that suggested people should now opt out of fiat by getting into Bitcoin. He said:

“Never in the history of mankind was so much stolen from so many by so few. Opt out with Bitcoin.”

The implications seem severe for a fiat economy that continues to take on repeated and harsh beatings from the Federal Reserve, but the US central bank is unflinching in its monetary policy, printing more dollars with time. As put by Real Vision CEO Raoul Pal:

“Most people don’t understand the latter but is simply put, Powell has shown that there is ZERO tolerance for deflation so they will do ANYTHING to stop it, and that is good for the two hardest assets – Gold and Bitcoin. Powell WANTS inflation.”

We definitely agree, but always with the word of caution: never invest what you can’t afford to lose.

 

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Sportsbet.io Remains In the Premier League Through Southampton FC Sponsorship

The year 2020 has been a challenging one for sports teams around the world and finding new sponsors can be more difficult as businesses struggle with revenue. Yet opportunities continue to abound, as demonstrated by the recent deal between English Premier League side Southampton FC and crypto sports book Sportsbet.io, as cryptocurrency platforms continue to capitalize on this unique opportunity. 

 

COVID-19 and Sports Teams

Spectator sports have been hit very hard by the global COVID-19 pandemic as fans aren’t allowed to attend games in most countries. There is also a huge loss of earnings from canceling seasons, delaying the start of the new one, not being able to sell tickets or VIP seats, and so forth. A lot of teams are now battling to survive and many are desperate to ink crucial deals with sponsors to keep their financial sheets balanced.

 

According to sports academician Professor Wim Lagae, a ‘great deal of income is evaporating for football teams, whereas expenses remain unchanged”. Addressing this situation is difficult, putting an even bigger emphasis on sponsorship deals. Attracting those sponsors, with no promise of prime exposure of VIP packages, is not straightforward. This is where cryptocurrency platforms can extend a much-needed helping hand. 

 

Southampton FC and Sportsbet.io

Premier League side Southampton FC has inked a one-year contract with Sportsbet.io. The cryptocurrency betting platform becomes the new main club partner and front-of-short sponsor for the upcoming season. Come September 12th, Southampton will take on Crystal Palace in their first game of the new season with their shirt sporting a new logo. 

 

Signing the deal with Sportsbet.io will benefit both parties. Southampton FC secures a main sponsor during these troubling times while Sportsbet.io gains more exposure in the United Kingdom, which is one of its key markets. 

 

Sports betting is — under normal circumstances — a popular business venue among UK sports fans. However, COVID-19 forced all retail gambling venues to close. Combined with the lack of sporting events, Q2 2020 has not been too great for UK betting in general, although providers exploring alternative betting markets have yielded some success. Virtual betting has also gained a lot more momentum, creating a “perfect storm” for Sportsbet.io to take the next step. 

 

For the club, the introduction of Sportsbet.io also marks the end of the previous sponsor relationship with LD Sports. 

 

Crypto Sponsors and the Premier League

Over the years, there have been many sponsors supporting Southampton FC. Most of them have nothing to do with cryptocurrency or blockchain, except for one: eToro.  The investment platform sponsored multiple Premier League sides last year through LED boarding advertisements. 

 

This is a clear example of how cryptocurrency-oriented companies are gaining more traction. Whether it is for investing, betting, or otherwise, they can all bring something unique to the table. Gaining more exposure by sponsor top league teams in major sports is a great way to improve overall cryptocurrency awareness and adoption. 

 

For Sportsbet.io, the sponsorship deal with Southampton FC marks an interesting milestone. It is the second major English football club to be sponsored by this company. To this date, Sportsbet,io is also the principal sponsor of Watford FC, who will play in the English Championship this coming season. 

 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognized as a leader in both online sports betting and within the crypto community. Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

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Southampton FC Pen Partnership and Sponsorship Deal with Sportsbet.io

Bitcasino Press Release: Southampton Football Club is pleased to announce that it has signed a one-year contract with Sportsbet.io to become the new main club partner and front-of-shirt sponsor for the 2020/21 Premier League season.

 

25 August 2020 – Sportsbet.io, a sportsbook of the Coingaming Group, are a leading cryptocurrency-based sports betting platform, who pride themselves on an innovative approach to providing a unique service to their customers, both in the UK and abroad.

 

The company, who will feature on the front of the first-team and Under-23 shirts, have stepped in at short notice to help support the club ahead of the upcoming season, and we will work closely together in the coming weeks to provide the best possible solution for those fans who wish to show their support to the team with updated replica shirts.

 

Southampton Football Club’s Chief Commercial Officer, David Thomas, commented: “We are delighted to welcome Sportsbet.io as Main Club Partner. 

 

 “Sportsbet.io have redefined the online betting space by combining cutting-edge technology with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience. They are fully committed to providing a safe place where people can enjoy their games responsibly, and have a world-class social responsibility team in place. The club will work with Sportsbet.io and our local community to promote this important social responsibility message over the course of the upcoming year.

 

 “Everyone at the club is looking forward to the start of what we hope will be a strong season for Southampton, and we are very happy that we will be able to share that journey with sportsbet.io.”

 

Today’s announcement signals the end of the club’s relationship with LD Sports. Over the last week, we have endeavoured to secure confirmation that LD Sports are still an appropriate and viable partner for the club, but have been left with no alternative other than to end the partnership today with immediate effect.

 

The club has also taken the difficult decision to temporarily halt all sales of home, away and third kits. Fans who have already purchased a 2020/2021 home, away or third shirt with LD Sports on the front are asked for their patience and understanding at this time whilst the club resolves what is an extremely complex situation and sources a solution for updating their shirts.

 

CEO and co-founder of the Coingaming Group, Tim Heath, had this to say:

 

“We are absolutely thrilled to announce this sponsorship deal with one of the Premier League’s most ambitious teams. Sportsbet.io shares the club’s desire to disrupt its industry and increase its global reach. We’re proud to be able to contribute to the Saints and support such a prestigious team which has been around for nearly 135 years!”

 

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English Championship team, Watford FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

For more information about Sportsbet.io, please visit – https://sportsbet.io/

Learn more about Coingaming – http://coingaming.io/

 

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

 

Sportsbet 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.

 

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Coingaming Caps Off Busy Month with Sportsbet.io Clubhouse Loyalty Program

Popular cryptocurrency sportsbook Sportsbet.io has announced a new loyalty program in an effort to offer its users more variety and flexibility with their gaming rewards. ‘The Clubhouse’ program aims to take Sportsbet in an exciting new direction, away from the standard vanilla, deposit-based bonus offers favoured by the majority of the big names in the crypto betting space. 

 

A New Home at Sportset for the Gaming Community

The focus behind The Clubhouse loyalty program is all about the sports betting community, and bringing it together in a more holistic way. Sportsbet.io players will now have a much more in-depth seven-tier milestone system, that leads to an exclusive VIP club, with the ability to track their progress all the way. . 

 

Sportsbet (along with Bitcasino) are part of the Coingaming family, and have a strong mantra of cryptocurrency promotion and adoption. This is reflected in their reward programs, as players can easily withdraw their rewards in the form of various different cryptocurrencies. The program itself has been customized to offer unique rewards and options to each player based on their gameplay habits and specific preferences. 

 

The company ethos has always been to develop the company around the community, and this is still strongly believed to be the best way to become more successful and bring all loyal players together, and share the crypto prosperity. 

 

Listening to Players

Justin Le Brocque (Head of Sportsbook Marketing) stated that the new loyalty program was brought about largely by customer feedback. The company believes that it is time to look at the way player rewards work, and make them more aligned with what the everyday player wants. Justin believes that this fresh take on a tried and tested formula of player rewards will become the way of the future. 

 

He laid emphasis on the platform’s goal of revolutionizing the sport betting industry, saying:

 

“We hope that this move will show people that a fresh attitude towards player rewards that can modernize the industry standard.” 

 

Sportsbet’s sister crypto betting platform Bitcasino underwent a similar loyalty rewards program a while ago, which was met with a hugely positive response from the community, and praised by the industry. 

 

Capping off another productive month for Coingaming, Bitcasino also just announced a new partnership with mobile-first games developer. The new agreement will see a selection of engaging OneTouch renowned table games go live on the popular online casino later this year, including live dealer Baccarat, Roulette and Blackjack. One-Touch is known for its popular slot and table games, innovative mobile-first designs, and intuitive single-touch interactivity. 

 

Now, Sportsbet.io look to apply their community-focused ideals to all of their platforms, and continue to promote cryptocurrency adoption in the sports and casino betting world.

 

This is only the latest activity that reflects Sportsbet and Coingaming’s philosophy of putting players and the community first, knowing full well that the long-term success of the brand lies in a strong and healthy user-base.

 

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The Masses Speak Out: Crypto Indexing Token CPI Record Demand Push Price Up by 2300%

Providing what investors needed the most, Crypto Price Index (CPI) allows investors and traders to follow price movements of digital tokens just like traditional ones.

 

Indexing services are a methodological grouping of different financial assets for easy tracking by investors and traders. There are multiple indexing services for traditional finances, such as the famous S&P 500. However, when it comes to tracking the revolutionary crypto markets, traders have always been at a loss. With thousands of tokens in the market, combined with round the clock trading and the relative volatility of the assets, the crypto market has been in a dire need of such a tool.

 

Crypto Indexing

CPI is a blockchain based platform that aggregates values of the top 200 cryptocurrencies and makes it available to its users. This solution is being hailed as a saviour and large investors have expressed interest in the potential of the project by backing it. One of its co-founder is none other than His Highness, the Sheikh Abdullah Bin Rashed Al Sharqi of the United Arab Emirates. The Arab royalty was quick to understand the role CPI can play in the future and has backed the platform by buying a majority of its shares. The vast wealth at their disposal has given a sense of security to other investors and the public on the stability and longevity of the platform.

 

As a strategy towards stability to the platform, CPI has only admitted corporate and large investors in its funding round with a condition that the tokens will be locked up for a specific time, ensuring the investors will not be able to exit by a mass sell off. This protects the token value from dwindling, a typical scenario that has proven to be the eventual downfall for many promising projects. CEO of CPI, Herbert Law reflected on the strategy, saying:

 

“This prevents the big sell offs commonly seen in the crypto market that are a result of poor planning.”

 

Rocketing Value and Increased Listing

Fueling the CPI platform is its own native token by the same name. The high-profile backing has created a storm of an interest in the platform and its token.

 

Launched at $5 per token, the response by the public has been record breaking and the token has now grown 23 times, currently trading above $115 since its listing on HotBit crypto exchange. Since the first listing, the project has been eager to get listed on other exchanges to bring the indexing service to the public and is now available on Bilaxy, BitForex and Digifinex.

 

With the new listings, CPI tokens will get increased liquidity and at the same time allow traders to gain access to the tokens to get connected to the indexing platform through APIs. This will aid them in viewing price movements to help them make better investment decisions.

 

Head over to the CPI website today to know more about its indexing service.

 

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INX Limited Announces Effectiveness of Security Token IPO

22nd August, 2020, NEW YORK, United States – INX Limited today announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million INX Security Tokens (the “INX Tokens” or “Tokens”).  

 

INX has set the Offering price at $0.90 per Token with a minimum investment of $1,000.  It is anticipated that the offering will begin on August 25, 2020 at 10am Eastern Daylight Time at https://token.inx.co/.

 

INX intends to use a portion of the net proceeds raised from the sale of INX Tokens in the Offering for the continued development and operation of INX Trading Solutions, a regulated solution for the trading of blockchain assets, including cryptocurrencies, security tokens, and their derivatives, and for the establishment of a cash reserve fund.   

 

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (SEC) on August 20th, 2020. Copies of the registration statement can be accessed by visiting the SEC website at this page or this page. The offering is being made only by means of a prospectus. A final prospectus describing the terms of the offering has been filed with the SEC and forms a part of the effective registration statement. 

 

Copies of the final prospectus relating to the Offering may be obtained for free by visiting EDGAR on the Securities and Exchange Commission’s website at www.sec.gov (click here). Alternatively, copies of the final prospectus may be obtained for free by sending an email to INX at investors@inx.co.  

 

About INX Limited 

INX Limited, a Gibraltar-based private company formed in 2017, is developing INX Trading Solutions, a single entry-point for our customers for the trading of cryptocurrencies, security tokens, and their derivatives. 

 

Media Contact Details

Contact Name: Alona Stein (For INX) 

Contact Email: alona@reblonde.com

 

This press release is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer or solicitation of sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933.  No securities regulatory authority has either approved or disapproved of the contents of this press release.  

 

INX Limited 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.

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The New Vaultoro Referral Program is as Good as Gold

Vaultoro is the world’s leading and most established Gold to cryptocurrency exchange. Since starting in 2015 the exchange has been responsible for many firsts over the years in the bitcoin space. Today the relaunch of their referral program brings another first; users being rewarded actual physical gold for referring people to the platform.

Giving Away the Gold

The gold giveaway is meant to celebrate the Vaultoro community and reward users for being part of the company’s success story. For every new user that is referred and trades on the platform, the referrer and the new users will each get ½ gram of actual gold bullion. 

The gold plus the 20% commission on all trading fees for 2 years aim to make Vaultoro’s referral program one of the most lucrative rewards programs in the crypto space.

“We believe that our users are the reason we have been so successful” said Phillip Scigala, Vaultoro Co–Founder, “so when it comes time to paying for marketing we want to see as much of that as possible go to the community instead of a 3rd party advertising platform”

Security is Paramount

Vaultoro has always believed that there is a great opportunity to protect against Fiat using rare metals and rare cryptocurrencies like Bitcoin. In recent years, the platform has expanded to include Dash as well. First and foremost, Vaultoro has always been about security and transparency, which is why there is such a high level of transparency in the platform and public audits are an integral part of the platform. 

Community First

But the Vaultoro team has also always been about community. And much of Vaultoro’s growth has come from word of mouth referrals from loyal users. 

“Bitcoin as a phenomenon was built by word of mouth and referrals” said Joshua Scigala, Co-Founder of Vaultoro, “and we believe that community and organic growth is still one of the most powerful and underutilized forces in crypto.”

Referral Rewards

This is exactly the thinking behind this referral program relaunch. By adding even more incentives to an already popular referral system, Vaultoro aims to show the crypto space what a truly successful crypto affiliate program can achieve.

The details are all available on the Vaultoro website but in a nutshell referrers get:

• 20% of trading fees of people they refer
• 5% of trading fees of 2nd tier referrals
• ½ gram of gold for each active trader

Plus the new active traders also each get ½ gram of gold, so that makes referring that much easier. Terms and conditions do apply and are available on Vaultoro.com

For more information about the referral program or if you’re interested in promoting Vaultoro as an affiliate please visit www.Vaultoro.com or contact us at Affiliates(@)Vaultoro.com

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Trending Bitcoin News and Market Sentiment, Weekly Edition August 21st, 2020: Bitcoin Defi Enters the Fray, US Regulator Pinpoints Fintech Potential in Legacy Banking

• In the midst of DeFi hype, Bitcoin-centric Defi products are lining up to take their place in the decentralized finance boom
• The United States Acting Comptroller of the Currency believes fintech has a major role to play in upgrading legacy banking

Bitcoin and Ethereum markets remain a few percentage points lower than they were from the all-time highs but trading volume has not abated much and sentiment is still very high even after the recent sell offs that see Bitcoin pushing back towards USD 12,000 and Ethereum maintaining a level above USD 400.

There seems to be no way but up for the markets and August has so far seen a doubling of Bitcoin value being locked up in decentralized finance (DeFi) platforms with buyers still outnumbering sellers the entire week. Traders are now apparently licking their chops, considering better returns in the DeFi market and causing them to slowly shift capital away from derivatives markets like Bitcoin options.

One derivatives provider, Alpha5, definitely sees the trend as founder Viashl Shah notes:

“Every derivatives trader that was looking for incremental yield and levered returns has been besotted by the magnitude of moves in DeFi. So, naturally, cost of capital dictates at least some attention that way.”

This is a strong statement of intent from the market, where only BTC 1,453 had been locked at the turn of the new year, now growing over 30 times to just under BTC 48,922 this week. At the heart of Defi platforms is their ability to give significant “yield” or new avenues to generate income, with the promise of programmable money via smart contracts allowing users to still keep their Bitcoin, while generating income, usually from lending activities and earning interest.

Co-founder of trading firm Global Digital Assets Michael Gord does note that people are booking in profits quite quickly, nothing that DeFi products do tend to still seem in a constant shift of sentiment. He believes that most DeFi profits are being hoarded back as Bitcoin as a solid sanctioning of it as a safe asset. He said:

“DeFi long term will revolutionize finance, but this short-term bubble is bound to pop eventually, in my opinion.”

Meanwhile, the US government continues its seemingly unstoppable move toward adopting emerging technology like blockchain in an effort to modernize traditional banking systems. In a recent interview with CNN, United States Acting Comptroller of the Currency, Brian Brooks, said he was among those willing to embrace fintech to pave the way for modern banking.

"We need to get to a place where payments can be transmitted virtually instantaneously, where errors can be eliminated," says @BrianBrooksOCC of @USOCC who also explains why the #crypto "phenomenon” cannot be ignored! pic.twitter.com/0o4WZwdhnA

— Julia Chatterley (@jchatterleyCNN) August 18, 2020

Brooks himself used to be the Chief Legal Officer at Coinbase, and now said that his duty in his new role was to “identify impediments that make it harder for people to get what they want and need”.

Banks have already had the go ahead this year to provide custody services for crypto, and the Acting US Comptroller now believes that a digital dollar or central bank digital currency (CBDC) could now be issued by private companies, with the backing of bank deposits.

The need now, he says, is to provide faster payments, with the immediate urgency to issue COVID-10 benefit payments to Americans one recent example to look at, whereby previous funds had been sent through cheques in the mail even, something Brooks described as “19th century banking rails”.

The fact that Americans are now turning to alternative payment systems outside of the banking system like Square, PayPal and Stripe, proves that the demand is there and is growing. However, such a move may not be something the regulator would want as these activities would then be outside of their control.

The alternative? According to Brooks, the workaround would be something akin to a system already being tested out in places like the United Kingdom, which he described as “faster payments that are innovated by private companies, but then supervised by federal watchdogs”.

According to him, some 50 million Americans already own Bitcoin and some other form of digital assets and he hoped that he would be able to help ensure these funds were “accessible to them in the same safe and sound way that they can get their checking account”.

 

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Can a Revolution be Sparked in the Cutting Edge Healthcare Industry? ClinTex Believes So.

The pharmaceutical business has always been very profitable. The advancements in chemistry and technology has led to some major discoveries to increase the quality of health of an average person. With billions of dollars invested, each new discovery brings enormous health benefits to the masses and fuels the industry. Yet ClinTex believes that there is still to be done for humankind.

 

Pharma is a part of the larger healthcare industry which involves hospitals, clinics, patients and practitioners. Where the pharma industry presents the ultimate in research and technology, there are many issues in the whole healthcare industry that create hindrances in unlocking the hidden potential. This is especially important in today’s context. Time and again, relentless viral uprisings have shown that even with all of their tools, technology and will, the human race is still vulnerable to diseases and outbreaks. The Avian Flu, SARS and now, the dreaded COVID-19, are prime examples of how the industry lacks coordination of resources and data to be able to better withstand these onslaughts.

 

Hiccups in Healthcare

There are multiple challenges faced by the healthcare industry that need to be addressed to make sure that the new medicines and pertinent data reaches out not only faster, but at lower costs.

 

Any new medicine or solution to disease and ill health starts with having the right data set. There are two points to consider here. The first is the quality of the data. Advanced analytics can quickly identify outliers and other characteristics that can adversely affect the data. Secondly, the data silo phenomenon can be an issue. Even today, many different medical practitioners are actively working on solving health problems faced by mankind. They work in teams but the teams are themselves isolated from each other. This means that efforts are replicated and lots of precious time is lost.

 

As more effort and redundant research is done, this can add up to a significant increase in monetary resources spent on finding an effective drug and going through all the processes of making it available for the masses. A new drug can cost up to USD 2.5 billion from discovery to availability. For pharma companies that are for profit organizations, this means that they pass on the cost to patients.

 

ClinTex’s CTi

ClinTex is a technology firm that believes it has the answers to the current issues. The project aims at using the latest in the tech sector to support the healthcare and pharma industry to drastically reduce the costs involved. Its Clinical Trial Intelligence (CTi) has been constructed to use blockchain, artificial intelligence and statistical software to make data sharing easy, increase the quality of the data and bring down the cost of research.

 

The startup hopes to raise funds for the development and roll out of this solution, via the crowdsale of its CTi blockchain-based token. The CTi token is the native medium of exchange on the platform that powers the platform. The token is currently available for backers of the platform at a 50% discount through its token generation event. A total of USD 1 million in CTi are available till the 25th of September in the first round. Tokens not backed will be burnt.

 

To know more how ClinTex and CTi hope to spark a revolution in the healthcare sector, visit their website.

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Crypto Trading 101: 5 Golden Rules for Successful Trading

Do you follow some crypto trading rules? If you don’t have any, you should use these five golden rules for successful trading.

Crypto trading isn’t about getting lucky a few times. If you want to find success with trading cryptocurrencies, you must base your good results on fundamentals, good habits, and experience. Making money as a crypto trader requires some discipline, and that means following some trading rules.

1. Invest Only What You Can Afford to Lose

Like with any other type of investment, crypto trading is a risky business. And sometimes traders take ...

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Bitcoin Casino LuckyBit Continues to Grow with Unique Games, Bonuses and Affiliate Programme

Bitcoin Press Release: Luckybit bitcoin casino shifts towards a larger market with an increased focus on community, unique gaming, unmatched bonuses and lucrative affiliate program.

 

18th August, 2020, Curacao – Online casinos which support bitcoin as a payment method are a dime a dozen, but there are some that stand out from the crowd; Pioneering casino Luckybit is one such site. Launched in 2013, the fully licensed Bitcoin Casino is more than just a site to place a few bets, it is a bitcoin community, with a dedicated following and legendary 15BTC top prize. 

Originally launched as a niche betting site and crypto community, LuckyBit has over the years transformed into a full-scale online casino. Despite this large shift, the core values of fun, fair, and transparent betting that made LuckyBit so popular will always be at the foundation of the site. 

 

A Unique Experience

While the majority of online casinos go for the volume and offer hundreds of slots and generic  games, LuckyBit went the other way, focusing on creating original in-house games. The result? Original takes on Plinko and Dice that are focused on bet visualisation and social interaction.

These two titles offer a unique gaming experience. Players can watch their bets unfold with graphics like no other casino platform, and view other players’ actions at the same time, all in real-time. This one-of-a-kind experience creates a competitive and social environment that you can’t find anywhere else.

The whole interface at LuckyBit has been streamlined and players can now enjoy some really outstanding features in MyHub – the player’s headquarters. This is also the place where players find all the new promotions tailored to experience pure LuckyBit action.

 

Next Level Prizes

To be able to compete in the extremely competitive online casino industry, LuckyBit comes with a set of promotions, which might change the industry forever.

The 1BTC Jackpot Race is a community race, where all of the LuckyBit players cooperate on achieving the goal, to wager a total 100BTC. Once they reach this Milestone, LuckyBit will unlock the 1BTC Jackpot and let the top 10 players emerge in the leaderboard and divide the reward.

Unlike competitors sites, the Luckybit 100% First Deposit Bonus allows players to actually use the full bonus for betting amount immediately. Most online casinos will only let players use large bonuses after they use their initial deposit. Players can also enjoy the bonuses for a second and third deposit.

LuckyBit locks the bonus to the deposit and gives its players both as a bonus playable balance. Once the simple wager goals are cleared, the bonus amount unlocks and becomes usable BTC.

Martin Prinosil, CMO of LuckyBit underlines the advantage of his casino, over its competitors, stating: 

 

“After some research of typical Terms and conditions of deposit bonuses, we realized that most of the casinos won’t let you ever touch the bonus amount. And some of them will do it only after you lose your entire deposit first. That’s when we realized that Luckybit is really unique by sharing profit back with our community.” 

 

The No-Deposit  Welcome Bonus is here for everybody who wants to try LuckyBit without actually risking losing their hard-earned bitcoins. Every new player at LuckyBit will find a 10USD bonus in their playable balance. 

 

LuckyBit’s Affiliate Programme

Affiliate programmes are a must for the online casino industry, as the partners are used to wet their beaks in the casino’s profit with random affiliate models. 

Martin explains how the LuckBit values have been applied to the affiliate programme: 

 

“Even with Affiliate we knew we would not go for a commercial solution, but rather took the effort of the dev team to build something, which is probably the most clear, transparent and honest Affiliate programme around. We also worked hard to introduce some cool new features for the players, such as autobetting, to be attractive for more advanced players.” 

 

With a simple system of tiers, affiliate members can build a passive income from players that they bring in,  and get up to 50% revshare with No Negative Carry Over. There is also no minimum to earn, so anyone interested in affiliate revenue should definitely check this link out and start earning today! 

 

Win up to 15 BTC on LuckBit Dice –  https://luckyb.it

Affiliate programme https://affiliate.luckyb.it/

BitcoinTalk Thread https://bitcointalk.org/index.php?topic=5211259.640

Follow LuckyBit on Twitter – https://www.twitter.com/luckybitgames

Follow LuckyBit on Facebook – https://www.facebook.com/luckybitgames/

LuckyBit on Instagram – https://www.instagram.com/luckybitgames/

 

Media Contact Details

Contact name: Martin Prinosil

Email: martin@luckybit-entertainment.com

 

LuckyBit is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Sportsbet.io Launches New Loyalty Programme ‘The Clubhouse’

18th August 2020, Tallinn, Estonia – Leading cryptocurrency sportsbook Sportsbet.io has launched its brand new loyalty programme, ‘The Clubhouse’, marking a revolutionary step for sportsbooks away from rigid deposit-based bonuses.

By naming the programme ‘The Clubhouse’, Sportsbet.io wishes to emphasise the growing desire for a sense of community in sports betting. Players are now offered a seven-tier milestone system in which they can track their progress and see what it takes to become part of the exclusive VIP club. 

Keeping with their crypto-friendly stance, rewards can be paid out in various cryptocurrencies and are both custom-made and uniquely tailored towards the individual player, based on their gameplay and personal preferences. Keeping with its ethos to put the customer at the centre of the universe, Sportsbet.io hopes the latest addition will highlight the importance of meeting the needs of loyal players. 

Head of Sportsbook Marketing at Sportsbet.io, Justin Le Brocque explains the thinking behind the exciting new program: 

 

“We know that our players will love this new addition. From what we have seen from customer feedback, there has been a need to switch things up for a while now, so that we can make our rewards more compatible with what our players want. We hope that this move will show people that a fresh attitude towards player rewards can modernise the industry standard.” 

 

A similar loyalty rewards program was already initiated by Sportsbet.io’s related brand Bitcasino, which was met with positive customer feedback and praise from the rest of the industry. Now Sportsbet.io hopes to show that a similar mentality towards rewards can be applied successfully to the sports betting world.

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English Championship team, Watford FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

For more information about Sportsbet.io, please visit – https://sportsbet.io/

Learn more about Coingaming – http://coingaming.io/

 

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

 

Sportsbet 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.

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CPI Token Storms out of the Gates with over 2,300% Price Increase in Under 1 Month, and Several New Exchange Listings This Week

Bitcoin Press Release: Crypto Price Index’s CPI tokens have now appreciated to over 20x their initial list price, having been trading on HotBit for one month, with additional listings on BitForex, Bilaxy, and DigiFinex just announced.

 

17th August 2020, St Julian’s, Malta – DeFi is a hot topic in the crypto space right now, and cryptocurrencies are finally being recognised for their true potential – As liberators of the classical financial structure. As the number of coins grows, however, so do the complexities in tracking and weighting investment decisions.

Mainstream finance takes advantage of the bells and whistles which come as standard in a mature, developed industry – And traders and enthusiasts alike are making money with greater certainty, safety, and analysis as a result. Tools like the S&P500, and the DJIA are what the crypto industry has been calling for.

Now, with CPI (Crypto Price Index) tokens, crypto enthusiasts can do just that. CPI offers users the ability to create a basket of the top 200 cryptos and track price movements. And what is immediately obvious, is that the market has taken well to CPI being released. After CPI’s recent announcement that trading on HotBit exchange would imminently commence, the price has risen a staggering 2,300%. And for a token which started at $5, that means the price is now over $115 for just one CPI.

 

Exchange Listings 

To aid liquidity and accelerate CPI’s adoption as one of Crypto’s hottest upcoming DeFi projects, CPI is now available on Bilaxy and Hotbit with listings coming up on BitForex and Digifinex on August 18th. With the price already approaching $120, the effect of increased accessibility and opportunity for arbitrage will only accelerate interest in CPI and drive price increase further.

 

Increased Emirati Support

After news in 2019 of UAE royal acquisition of shares in CPI, it has now been announced that Sheikh Abdullah Bin Rashed Al Sharqi has taken the role of co-founder of the project. The business acumen and wealth of Sheikh Al Sharqi will be a strong asset for Crypto Price Index in 2020 and beyond. 

 

Early Round Funding

The founders of CPI decided to avoid funding the project via crypto-traditional methods like ICO or IEO campaigns, choosing instead to secure early investment from wealthy business associates and accredited investors. Early contributors agreed to lock up their tokens for a set period of time so the project doesn’t have the typical heavy sell pressure seen by most crypto projects upon exchange listing. This, combined with increased retail demand for CPI tokens, has helped CPI quickly become one of the fastest growing tokens in the marketplace. 

“My thought is since we restricted previous token sales it will allow a smooth transition to trading in the secondary markets” said Herbert Law, CEO of CPI.

“This prevents the big sell offs commonly seen in the crypto market that are a result of poor planning,” he added.

The price increases beg the question – With the DeFi wave powering through crypto, and CPI already showing its’ potential to do for Crypto what the S&P500 has done for traditional finance, where will CPI stop? 

 

Visit the CPI website to find out more information and see which exchanges CPI is trading on: https://www.cpiindex.io/

 

Chat on Telegram: https://t.me/CPIndex

 

Keep up with the latest on Facebook: https://www.facebook.com/cryptopriceindex/

 

Catch the buzz on Twitter: https://twitter.com/Index_price

 

Check in on LinkedIn: https://www.linkedin.com/company/crypto-price-index/

 

Media Contact Details

Contact Name: Herbert Law

Contact Email: herbert@cpiindex.io 

 

CPI is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The CPI token sale is closed to participants of all countries in which token sales are illegal. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

 

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Will Crypto Surpass Gold as a Reserve Currency?

Gold has been the world's standard reserve currency for hundreds of years. Even as the world has moved to fiat currency, governments and investors alike still look to gold as a reliable alternative. Given recent volatility, though, it may be crypto's chance to step in as a different, perhaps more secure option.

On Tuesday, August 11, gold experienced its largest one-day drop in seven years. Prices per ounce fell by 4.7% between Monday and Tuesday, bringing them down from above $2,000 to $1,932.28. This recent drop isn't the only problem that the precious metal has on ...

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ClinTex’s Ongoing CTi Presale Gives Unparalleled Access to the $350bn Medical Trials Market

Bitcoin Press Release: ClinTex announce details of their CTi Token Presale, which will give participants access to the $350bn/year Clinical trials market with a 50% price discount until 25th September 2020.

 

17th August 2020, London, United Kingdom – With the current global pandemic sweeping the globe, the fiscal impact can be seen everywhere, and in industries once considered safe havens, impacts expected to last a decade are commonplace. From the tech moguls of Silicon valley, to the high-tech production centres of Europe, It is clear that the world is crying out for innovation in a time where opportunities are few and far between.

 

To this end, London-based company ClinTex says it has the answer to a disempowered financial ecosystem. It looks perfectly poised to provide a solution not only to medical patients worldwide, but the healthcare industry as a whole and of course, to provide a potentially amazing return to its stakeholders through its CTi token pre-sale, which is currently ongoing. 

 

Pharmaceutical Industry Inefficiencies 

The value proposition for ClinTex lies in one simple observed fact – For an industry which is considered cutting edge, the Pharmaceutical industry is fraught with inefficiency. In such a notable time for health globally, these inefficiencies are having widespread consequences:

 

• Large Time Delays – A promising medicine can take up to 15 years to get to patients, with untold amounts of heartache and emotional trauma for families and individuals alike. The CTi platform will help issues to be detected and prevented generating millions in savings.

 

• High Testing Cost – It now costs over $2,500,000,000 to get a drug to market, with every day in clinical trials costing up to $8,000,000 in revenue erosion for each day a new medicine is delayed – And that cost gets passed onto the patient. CTi will vastly reduce costs, helping deliver medicines not just faster, but cheaper to those who need it.

 

• Poor Data Quality – With the Clinical Data Visualisation App in CTi, fundamental and systemic errors in data can rapidly be detected and addressed, leading to greater insights and far better data application. Developments like this lead to greater industry progression long-term.

 

• Little-To-No Collaboration – Currently, there exists almost no collaboration between industry players. This problem has been been magnified with the covid-19 pandemic. The opportunities for efficiency by extracting  the intelligence and insights inherent in clinical data across the globe are many – This is perhaps one of the largest benefits – As the ecosystem grows in value, more partners sign up, and the value increases.

 

COVID-19 & CTi – Returns to Rival DeFi?
With the current pandemic raging on, and 142 COVID-19 vaccines currently awaiting trials, there has never been a better time for CTi’s implementation in the industry.  We are already seeing haphazard attempts at research collaboration in the hunt for a COVID-19 vaccine and treatments. And with these spends potentially reaching into the trillions, CTi could represent the next generation of innovative profits to follow DeFi in re-igniting the crypto wave not seen since the ICO boom of 2017. 

 

The CTi token pre-sale runs until 25th September 2020, and CTi can be purchased for a 50% discounted price of 0.05$ by visiting this link. $1m USD in CTi is available for purchase, which is equivalent to 10% of the total CTi supply. Leftover tokens will be burned, and the main sale commences in October 2020 where tokens will be available for $0.10.

 

ClinTex is doing what all companies strive to do in times of hardship – To innovate. And with a market valued at $350,000,000,000 per year, the possibilities are endless. Now is the time. Be a part of this exciting project and enjoy discounts on one of the industry’s most promising projects this year by visiting the CTi token presale link now.

 

ClinTex Website: https://www.clintex.io/

 

ClinTex Telegram: https://t.me/ClinTexCTi

 

ClinTex Twitter: https://twitter.com/ClinTexCTi

 

ClinTex Medium: https://medium.com/@clintexcti

 

Media Contact Details 

Contact Name: Sean Flanagan

Contact Email: info@clintex.io

 

ClinTex is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The ClinTex token sale is closed to US participants and participants of all countries in which ICO/IEOs are illegal. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

 

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