Introducing Omni, the Next-Gen Social Platform Which Shares its Profits with Users

Bitcoin Press Release: Omni.ai release details of their Social Media platform, which aims to provide the next leap in innovation with gamification & profit share.

29th September 2020 – In 2020’s lightning-paced media landscape, and in response to current untapped technological opportunities, it’s imperative to innovate. The giants of today, and indeed yesterday, have all brought something unique to the table – from Facebook’s often-touted “7 circle of separation”, to Instagram’s feed, and now TikTok’s viral video-based success, unicorn status comes from breaking the mold and providing something nobody else has thought of.

 

Gamification: The Golden Goose in a Market Begging for Something New

Omni understands the importance of gamification & social reward in deepening and strengthening communities regardless of their location, age, or gender. Not only that, but to forge new connections between them, and to create new links between content creators and content consumers, which have not yet been available on any social media platform. 

 

To this end, interacting with fellow omni users gives users a chance to earn Omni. Inviting new users gives a chance to earn Omni Coins. In fact, everyday functions users pay little attention to on other social media platforms can all earn users Omni Coins – From following, sharing a status or video, chatting with friends, to livestreaming – almost every aspect of the platform has a real chance to win users Omni Coin. And that’s what is going to make Omni such a powerful force. 

 

“The first system that truly gamifies the delivery of crypto will rocket to exponential growth, upending the current system for good. That will set the initial playing field dynamically and allow players who never would have gotten into the game to compete. The more people who can participate, the more efficient and valuable the network becomes” 

Daniel Jeffries, Hackernoon (Source)

 

The Power of Linking Profit & Activity

Tapping into the innate human desire to be rewarded is an extremely effective way to engage users. And the true revolution in Omni’s app is powered by linking personal activity to company profit. Subject to applicable laws, the tokens earned on the Omni App can then be sold back to the company at a rate relative to company profit. 

What this means is that as user activity rises, company profits rise, which means that advertisers become more interested in the platform, raising profits. And since company profits dictate personal reward, this raises the users’ payouts which should result in a positive feedback loop. 

 

Recent neuroscience has revealed that our dopamine system works to keep us searching through desire. The hunt itself is rewarding, and it explains why so many of our favorite mobile apps and social networks are so addictive”. 

Sheana Ahlqvis (Source

 

Omni App – Proposed Feature Highlight

  • Secret Chat – Share disappearing messages with other users.
  • Stores – Businesses can create stores where users can shop using Omni.
  • Channels – Follow channels you like or simply create one for your audience. 
  • Content – Create or follow channels for viral video content sharing & viewing
  • Dub & Duet – Dub your favorite song from the millions of songs & videos. Users can also perform duets with other Omni App users.

 

For Omni, social media is, rightly, viewed as an absolute staple of modern day business. This is embodied in Omni’s design in tokenization, which is nothing less than a revolution in social media. The diverse range of capabilities offered by the platform will help users transform how they engage with their friends, family, businesses, brands, and more. The opportunity to allow users to benefit from their participation is the icing on the cake because users can earn Omni by spending time on the things they love. 

As they say, “social media should enhance your life, not detract from it.” Omni app does just that. One platform, multiple features. No intrusive message reading. Full privacy, and most of all, earn your share of the social media market you help to create.

 

Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

Join the community on Telegram: https://t.me/omni_app

 

Media Contact Details

Contact Name: Manny Hernandez

Contact Email: press@omni.ai

 

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Omni 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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Cryptocurrency Portfolio Manager from CryptoView | One Interface, all Major Exchanges

28th September 2020, Sofia, Bulgaria– As the world of cryptocurrencies evolves at a rapid pace, so does the sector of cryptocurrency portfolio management services. The need for secure and easy-to-use cryptocurrency trading tools gave birth to CryptoView – a cryptocurrency portfolio manager and tracker, designed to be an all-in-one solution for managing multiple exchange accounts and wallets.

CryptoView enables users to quickly jump from the hassle of switching between several portfolios, exchanges or wallets to the reliability of using a single interface to track all balances, and simultaneously manage trades on multiple exchanges. 

Apart from being an advanced crypto portfolio tracker, CryptoView can also act as a fully-functional trading platform, as the portfolio management software is connected to the world’s leading exchanges like Binance, Bitfinex, Bitmex, Bitstamp, Bittrex, Cexio, Coinbase, CoinbasePro, CoinEx, HitBtc, Huobi, Kraken, KuCoin, OKEx, and Poloniex

Multi-charting interface

One of the core strengths of CryptoView is the fully-customizable user interface, which allows users to reorder almost every aspect of their workspace. The team behind CryptoView has developed one of the most advanced multi-charting interfaces, capable of displaying up to 9 charts per monitor, on up to 5 monitors. There are more than 25 grid configurations and 5 screen presets

Those who use multi-monitor setups can use the “screens” option to save a preset configuration for each monitor with a specific grid layout and trading pairs. Each preset can be loaded on a specific monitor with just one click, without having to set your workspace every time.  

CryptoView has integrated TradingView™ charts which offer 85+ trading tools and over 75 drawing tools for both novice and advanced traders. 

Portfolio Balance Manager

The crypto portfolio manager gives users a detailed breakdown of asset balances aggregated from all connected exchanges, wallets, and even cold storage. The balance table also gives additional information about current rates, price changes, and trends for each cryptocurrency. Cold storage entries are inserted manually by creating an entry of the balance in each cold wallet.

Performance Analytics & Multi-Trading

Another great tool is the CryptoView portfolio histogram which shows portfolio statistics. Each day CryptoView takes a snapshot of all portfolio holdings and plots them into a detailed histogram. There are also asset/portfolio distribution pie charts. Those who prefer to work with raw data can export to both XML and CSV file formats.

The all-in-one multi-exchange trading platform gives users the ability to place orders such as ‘limit, ’“market”, ‘stop-limit’ and ‘stop-market’ simultaneously on each connected exchange. In addition, each trading pair has a trading history, orderbook, market depth and last trades panels.

Data Integrations

Among the various crypto trading tools integrated in the platform, there is a built-in multi-source crypto news aggregator (20+ top news sources), events calendar feed from CoinMarketCal, direct data feed from CoinMarketCap and other tools such as SMS price alerts and automatic email balance reports.  

Easy Signup and Subscription

Sign-up takes no longer than a couple of minutes and users are given a 30-day free fully-functional trial. Subscription plans range from $29 to $21/month depending on the subscription package. 

Fund Managers 

The all-in-one cryptocurrency portfolio manager is also well suited for fund managers who can take advantage of the ‘multi-portfolio’ and ‘portfolio sharing’ functions. 

Each account can create and manage up to 5 separate crypto portfolios and connect different exchanges or wallets to each one. This allows users to either split their portfolio into separate smaller portfolios or manage separate portfolios for clients or friends. 

Users are also able to share the balance table and performance histogram for each portfolio with a “view only” link. This allows clients or partners to monitor the performance of a shared portfolio without being able to directly interact and use the account. 

Security

Security at CryptoView is taken seriously, as the platform runs on a cloud-based architecture with encrypted connections, strong API key encryption, DoS protection, 2FA (Two Factor Authentication) as well as all industry general safety standards. To protect users from illicit activities, withdrawal or any fund transfers are limited only to the exchange’s interface.

Affiliate and Referral programs

Apart from trading and portfolio management, CryptoView also offers an affiliate program, from which you can earn $20 in Bitcoin for every paid subscriber that comes through your affiliate link. There is also a referral program which gives 2 free months for every new referred customer who purchased a subscription after the free trial period. 

CryptoView, One Interface, No Limitations

CryptoView is perfectly suited for both novice and advanced traders, providing a strong list of the best cryptocurrency trading tools required to efficiently manage a crypto portfolio. CryptoView takes advantage of the booming local IT sector, which produces some of the best developers and designers in Europe.

 

For more information about CryptoView, please visit https://www.cryptoview.com/

Join the affiliate program and start earning today https://www.cryptoview.com/affiliate/

Follow CryptoView on Twitter https://twitter.com/CryptoViewCom

Find CryptoView on Facebook https://www.facebook.com/CryptoViewCom/

 

Media Contact Details

Contact name: CryptoView Marketing Team

Email: marketing@cryptoview.com

 

CryptoView 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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Bitcoin is All Grown Up and the Future is Bright

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Currency has had a fruitful and largely charmed life, and watching it come into its crypto own is heart-warming indeed. 

Currency as we know it has been evolving throughout our lifetimes. Along the same timeline and gently curving slope that it has evolved along since the advent of currency. From bartering and trading for goods, to exchanging precious metals, gems, and even spices for something else. Notes and coins are still, in the larger sense of currency, a fairly novel addition, but even those have seen their heyday and are entering into their twilight years. In ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

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Trending Bitcoin News and Market Sentiment, Weekly Edition, 26th September 2020: Bitcoin Traditional Asset Decoupling as MicroStrategy Adopts Bitcoin Standard,

Bitcoin
  • Bitcoin is about to stop its pattern of correlation with traditional assets after a three year crypto winter, according to some analysts.
  • MicroStrategy’s USD 425 million Bitcoin purchase isn’t a hedge. It’s a bet on the Bitcoin standard.

Bitcoin and crypto finished the week on a high, after initially struggling to make any headway since the last weekend but finally finishing on Friday about 5% up over the week, despite earlier worries of increased volatility in the markets with a record-setting day for Bitcoin options expiry.

And now, famed crypto statistician Willy Woo has boldly declared that Bitcoin as its own class of asset may very well be on the verge of decoupling from traditional ones. This, he says, is because of the breakdown of a key gold relationship out of a long-term downtrend perceived over the last three years.

He also believes that other strong fundamentals back this up, for example, the fact that user adoption in Bitcoin itself has also broken all time highs. And in this sense, Woo believes that Bitcoin has proven itself, much like a successful startup company would, in attracting new interest and then forging its own future path later on. He uses the classic S-curve pattern that shows how startups mainly grow, and that this would truly appeal to investors looking to further hedge their portfolios against other assets. He wrote:

“Bitcoin will decouple from traditional markets soon, but driven by its internal adoption s-curve (think startup style growth) rather than changes in perceptions as a hedging instrument by traditional investors.”

He now claims that Bitcoin’s correlation with traditional assets on a macro level will very soon be upon us, and, there are several other key Bitcoin fundamentals that are also solidifying to support this theory. For example, if we look at network hash rate and difficulty, they are both currently at record levels, further proving just how competitive Bitcoin has been and how miners continue to see long-term appreciation gains.

And so far, Woo has been right on the nail with how Bitcoin is breaking away from traditional assets. If we take a look at the US dollar currency index (DXY), we can find further evidence on charts that this decoupling could be underway as we speak.

This is happening now in Bitcoin’s price ratio versus gold, which has always been in a downtrend since the all-time highs achieved December 2017, almost three years ago. And two months ago in July, this broke to the upside when the pair reclaimed USD 12,000. Further stress tests of this trendline so far look good and seem to confirm this new support, resulting to an upside bounce.

Crypto hedge fund Ikigai’s Travis Kling has also been another voice to add to this observation, and he believes that the weekly chart performance over the past three years is definitely one to watch out for.

Meanwhile, MicroStrategy’s wave-making moves in the industry continues to spread chatter all over the Internet, with the Bitcoin adopter concluding that Bitcoin is the most non-toxic currency and that it genuinely wanted to adopt a “Bitcoin standard”. CEO Michael Saylor said this during a spot on RT host Max Keiser’s Keiser Report TV show on Thursday.

MicroStrategy made a lot of heads turn when it decided this year to buy USD 425 million worth of Bitcoin but the company insists that the purchase had nothing to do with it hedging, and instead is a display of faith that they’re going all in on Bitcoin. It claims that there is a currency war going on right now and they were simply picking the least toxic one:

“What we have is a war on currency, and not a war to make the US currency weaker than the euro; the war on currency is anybody holding currency is getting attacked. And so now we’re starting to realize that currency is being made toxic by the political… financial policies of the central banks, you kind of have to run away from that currency to something that’s not toxic, and I think that Bitcoin is that non-toxic currency.”

The MicroStrategy CEO also now says that swapping cash for Bitcoin is only logical since assets that were strong in scarcity were actually inflating by about 25% this year, and will continue to do so about 10% every year after. Betting on cash now is likened to betting on a melting ice cube.

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Blockchain-Powered Brand KIM Diamond Announces Flagship Store and Selene Moon Goddess Jewelry Line

21st September 2020, Chengdu, China KIM Diamond is a China-based, blockchain powered Fintech jewelry brand that focuses on sourcing loose diamonds from mines for making exquisite jewelry pieces. The brand was unveiled in Chengdu on September 16, 2020, and announced its Selene Moon Goddess line along with the KIM blockchain technology. 

The press conference took place at ‘Top 10 ULI prize winning hotel’ The Temple House, and was attended by hundreds of fashionistas, VIPs, Diamond mining figure-heads, and other distinguished design industry guests. 

The prestigious KIM event included multiple product announcements, and a signing ceremony of upstream mineral resources, witnessed by industry leaders like LU LINLIN, (KIM brand founder), and EVA FOO. (diamond system partner SCRY founder) 

In addition to the presentation of the Selene series, a one-carat pink diamond was cut and chained live at the venue, and then auctioned off for a price of 500,000 Yen to an undisclosed bidder.  

KIM is the world’s first financial jewelry brand that integrates loose diamond mineral resources with entity jewelry stores throughout the entire process, all governed by blockchain technology. This will bring transparency, and accountability to the whole process, preventing any chance of illicit activity throughout the process. 

KIM’s on-chain information will soon be viewable in any smart chip system. Additionally, KIM provides services to directly purchase loose diamond assets in the market and will further expand the multi-party cooperation with diamonds in different cities around the globe. 

The combination of KIM jewelry and blockchain brings new transparency and unique data recording value to the consumer market. Each consumer can write their own memorable message on the diamond blockchain that can always be viewed, solidifying their sentiment for years to come. 

The KIM flagship jewelry store is located in Chengdu, China, and offers clients various diamonds, which can be used for beautiful custom jewelry inlays. In addition to loose diamonds KIM also offers engagement rings, wedding rings, select jewelry pieces, and custom made pieces. 

Check out the KIM official site for a unique piece of jewelry for that special someone today! 

For more information about KIM, please visit https://kimdiamond.cn/.

 

Media Contact Details

Contact name: Kim Dimond

Email: kim@kimdimond.cn

 

KIM Jewelry 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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Sportsbet.io Joins Hands With Arsenal FC As Official Betting Partner

It’s an exciting time for crypto adoption and football, with the past few years seeing more and more partnerships coming to the fore. In the industry’s latest development, Sportsbet has signed a partnership agreement with Arsenal FC, a 13-time English Premier League champion. Sportsbet is an innovative crypto-focused sports betting company, and they are now the official betting partner of Arsenal FC. This interesting relationship has also been signed for three whole years.

Sports Betting & Football Clubs – A Match Made in Heaven

The COVID-induced lockdown affected the revenues of both the sports clubs and the sports betting companies. Due to disruption in the sports calendar worldwide, the fans were also left without any sort of gaming actions. Even the bettors and sports betting sites were not immune to the negative effects of the lockdown. They had to face a loss of millions of dollars in possible revenues. 

The sports betting industry saw the announcement of the 2020/2021 season of EPL as the light at the end of the tunnel. One of the most prominent companies that is capitalizing on this opportunity is Sportsbet.io. They are not new to the world of football as they are already a principal sponsor of Watford FC, an English Championship team.

Exciting Times for Both Arsenal FC and Sportsbet.io Fans!

Arsenal FC fans are in for a treat as their partnership with Sportsbet will bring lots of exclusive offers and content for the global fanbase of Arsenal fans. Sportbet is celebrating its partnership with EPL’s iconic football club in style. They have planned some exciting exclusive Arsenal rewards and offers this season. Let’s take a look at some of the exciting stuff that Sportsbet has planned for the 2020/21 EPL calendar. 

Every week, there will be Arsenal FC promotions, which will feature signed merchandise giveaways, free bets on Sportsbet, jerseys, and many more. Sportsbet will also bring exclusive content in partnership with Arsenal FC for Arsenal fans and Sportbet customers. 

The Sportsbet team will be leveraging the direct access to the Arsenal men and Women’s team to develop interesting digital content. This content would engage over 80 million digital followers and fans of both Arsenal men and women teams.

Both Arsenal FC and Sportsbet fans stand a chance to win an amazing trip to game days, visits to the training ground, and access to pitch-side access to home games. Some fans will also get a chance to travel to a European away match alongside the Arsenal FC team. Both Arsenal FC and Sportsbet are equally excited about this partnership and looking forward to offering wonderful experiences for their fans. 

Peter Silvertone, Arsenal Commercial Director, believes that both Arsenal and Sportsbet share the spirit of innovation. He said that the club is proud of partnering with a company that is doing ground-breaking work in the fintech space. 

He continued further saying that the two brands would leverage the expertise of each other and bring wonderful experience and content to the tens of millions of Arsenal fans and the global customer base of Sportsbet. 

Tim Health, Founder of Coingaming Group, said that the 3-year partnership is something that they are really excited about. Arsenal is one of the most popular football clubs in the world, and a partnership with them is a huge venture for the Coingaming group. 

He also said that both Sportsbet and Arsenal FC are committed to driving innovation in their respective sectors. The partnership with Arsenal FC will enable Sportbet to promote crypto gaming at a large scale, and this will play a game-changer role in crypto gaming adoption.

Women’s Football

The partnership between Arsenal FC and Sportsbet.io also has a social responsibility aspect to it. Under their partnership, Arsenal coaches will inspire and nurture Estonia’s U19 women’s team through football clinics. This will help grow the popularity of Women’s football in Estonia. 

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Trending Bitcoin News and Market Sentiment, Weekly Edition, September 17th, 2020: Uniswap Governance Token Sends Users Into Frenzy, Kraken is First Crypto Exchange to Become US Bank

bitcoin
  • Defi madness as Uniswap token drop to thousands of users sends ETH fees to all-time high
  • Kraken becomes the first crypto exchange to become an official US bank

Bitcoin finishes the week on a strong note with prices close to USD 11,000. Even though a failure to retake that resistance level will temper expectations, the fact that it has survived and rallied from a temporary fallback to below USD 10,000 will ensure many Bitcoin holders ease back this weekend to prepare for consolidation.

The effect of Bitcoin correlation was certainly felt by Ethereum, who spend most of the week battling around USD 360, 25% away from its high just weeks ago, but all eyes have turned to its recovery this week, fueled by yesterday’s surprise announcement from Defi leader Uniswap, who launched its own governance token UNI and airdropped hundreds of thousands of dollars worth of free tokens to its platform users.

For the Defi commentators, this only sets the scene for an even fiercer battle between the two biggest Defi players in the space, SushiSwap and Uniswap, the former starting out as a mere copy paste version of the latter. SushiSwap had changed its block reward post migration over last weekend and Uniswap then broke forward ahead in terms of total value locked, but this Uniswap announcement now means it is getting even farther ahead of the pack.

As tens of thousands of users scrambled to pick up their free tokens, many decided to cash out immediately. It appears the average user received as much as 400 tokens worth around USD 1,300 yesterday and swapped out — but today, that same amount has already risen to about USD 2,000, rewarding holders patient enough to wait just 24 hours.

Long-term crypto and blockchain supporters will also have been boosted by yet another milestone in crypto adoption as Kraken has now officially become the first crypto exchange to become a US bank. It isn’t a direct route, of course, as what really happened is that they have received approval to become what is called a Wyoming Special Purpose Depository Institution (SPDI). Essentially, it means that Kraken now has all the benefits of being a bank since it now has access to all 50 US states’ banking markets, it can also act as a custodian for institutional assets, and many more, with the caveat that they cannot conduct fractional reserve banking.

In other words, Wyoming’s SPDI are actually more crypto than normal banks, since every dollar they have must be fully backed by reserves. According to the Wyoming Division of Banking’s general counsel, Chris Land, it will also be the first time in 14 years that a newly chartered (de novo) bank was welcomed by the state, as the last time this happened was in 2006. Kraken managing director and CEO of the new Kraken Financial reflected:

“By becoming a bank we get direct access to federal payments infrastructure, and we can more seamlessly integrate banking and funding options for customers.”

On a side note, not everywhere was friendly for Bitcoin this week. In Germany, a proposal to use blockchain to make the nation’s expensive mega projects transparent was flatly denied by those in the government.

The center-right Free Democrats had said major state projects were bleeding out the country’s coffers and needed to be more accountable but their plea went decidedly dead after not a single other parliamentary group agreed. Had it been passed, the new bill would have asked Germany to host big budget projects on an open blockchain that would allow citizens to view audit trails and provide feedback easily.

This all comes on the back of the country’s latest financial scandal, with the Berlin Brandenburg Airport due to open next month after nine years of delay and an expenditure exceeding its original budget by EUR 4 billion due to design failures and over-costings. It stands to be the most recent classic example of national mismanagement of public funds.

Whatever it is, stay safe out there, watch out for Defi promises, and keep your ships steady, Bitcoiners. Stay safe.

 

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Sportsbet.io Becomes the Official Betting Partner for Arsenal F.C.

Bitcoin Press Release: Leading crypto-first sports betting pioneer Sportsbet.io have announced a 3-year official betting partnership with Premier League team Arsenal FC. 

17 September 2020, Tallinn, Estonia – Innovative crypto-first sports betting brand Sportsbet.io has secured a 3-year official betting partnership with 13-time league title-winning English Premier League team Arsenal FC.

Sportsbet.io have redefined the customer experience in online betting by combining cutting-edge technology with their cryptocurrency expertise. Building on this innovative approach, this partnership will focus on creating exclusive experiences to reward Arsenal’s large global fanbase and Sportsbet.io customers.

Arsenal Commercial Director, Peter Silverstone stated: 

“It’s been fantastic getting to know Sportsbet.io and learning about our shared spirit of innovation and the ground-breaking work they are doing in the fintech space. We are proud to partner with a market-leading company that is at the forefront of the innovation journey of the gaming industry.”

The partnership will also harness Arsenal’s iconic status in women’s football to help grow the game in Estonia, where Sportsbet.io operates from. Arsenal coaches will deliver football clinics to Estonia’s U19s women’s team to inspire and nurture the next generation of talent. Both organisations are also committed to working together to explore other social responsibility initiatives and promote safe and responsible gambling throughout the partnership. 

Peter continued: 

We are very excited about our future together. We will work together and explore the different ways we can leverage our combined expertise and Arsenal’s huge global reach to set a new standard in delivering experiences and content to our fanbase and Sportsbet.io customers worldwide.” 

Sportsbet.io will leverage access to our men’s and women’s teams to create compelling digital content that will engage our 80m+ digital following. This includes the 6m+ who follow Arsenal Women – the most followed women’s sports team on the planet.

Tim Heath, Founder of the Coingaming Group, said:

 “Signing a three-year deal with Arsenal, one of the most celebrated teams in the world, is a huge venture and something we are all very excited about. We’re confident that with Arsenal’s drive to innovate the sports industry, together with our own drive to innovate the gambling and crypto space, this is the perfect team for us. 

Watch this space, as we seize the opportunity to promote crypto gaming awareness, and hope to push forward crypto gaming adoption on a scale never seen before in football.” 

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.

Check out Sportsbet.io/arsenal for the latest promotions, Arsenal giveaways and unique content and follow Sportsbet.io on Instagram, Facebook and Twitter.  

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.

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.

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Trending Bitcoin News and Market Sentiment, Weekly Edition, 11th September, 2020: Bitcoin Holds Steady, Square Fights Patent Hoarding, Switzerland Laws Get More Friendly to Crypto

bitcoin
  • Bitcoin holds steady above USD 10,000 this week, despite further pressure from Defi liquidations across the rest of the crypto market
  • Square forms a group to prevent patent hoarding in blockchain
  • Swiss laws become even friendlier towards blockchain and crypto

Bitcoin has yet to recover the ground it lost last weekend when US stock markets slipped, triggering equity outflows from almost every other market, including crypto. After spending last week looking poised to break USD 12,000, it slipped as low as USD 9,850 on some exchanges, but this week has been holding strongly above USD 10,000.

The same has happened for Ethereum, the main benefactor of the decentralized finance (DeFi) hype, where it has spent most of this week finding firm support around USD 350, trading right now above USD 360.

DeFi proponents are not ready to throw in the towel of course, as opinion and interest on Twitter and social media are still, remarkably positive, with most traders acknowledging that it was a matter of time before profit taking in Defi markets would result in this pullback. So with the hype bubble deflated but not yet quite burst, we expect crypto overall to make a recovery in the coming days and weeks — how swiftly might also depend somewhat on how Bitcoin performs in the market.

Sentiment is rightly positive across the board, with industry proponents still very much into the idea of good practices and behaviors for blockchain. In the US, popular crypto app Square, owned by Twitter CEO Jack Dorsey, has launched a new alliance that asks participants to preserve the open source spirit of the blockchain industry and to stem the tide of aggressive patenting of blockchain technologies.

The Cryptocurrency Open Patent Alliance (COPA) is a non-profit that wants to put a stop to the popular practice of for-profit companies who have been locking up technologies in patents, which Square syas is going to only stifle innovation. It said in a statement:

“Locking up foundational cryptocurrency technologies in patents stifles innovation and adoption; and offensive use of patents by bad actors threatens the growth of cryptocurrency technologies.”

While patenting has been recognized as a way to keep trade secrets alive, and, in doing so, maintaining a competitive edge, Square particularly attacks what is called “pre-emptive patents”, which are really just blocking aside ideas yet to be developed — effectively halting the research of would-be competitors.

COPA doesn’t stop members from patenting — they are merely requested to pledge to make them available freely to all other members via a shared library. Square calls this library a “collective shield” that protects its participants from “patent aggressors” and has made a commitment to placing its own crypto patents into this library.

Good news perhaps for an industry that has only seen its patenting double in recent years? If you’re a fan of free, open and equitable, then surely so!

In other news, Switzerland seems to have upped its blockchain game by introducing some new amendments to its regulations. Already considered one of the world’s most friendly blockchain and crypto jurisdictions, Swiss laws are now even more beckoning towards emerging technology.

Just yesterday, Swiss parliamentarians voted to pass a new set of legal amendments affecting finance and corporate law that distinctly recognize the blockchain and cryptocurrency industry, seeing it as not merely something to put up with, but a respectable force of its own.

These legal reforms will see several pieces of legislation affected, from securities trading to company bankruptcy. Essentially, the process of exchanging digital securities as well as that of reclaiming digital assets from companies that go bankrupt have been further defined for clarity. It also outlines the specific legal requirements for operating cryptocurrency trading exchanges in a way that also satisfied anti money laundering concerns for crypto.

Dubbed the “Blockchain Act”, members of the House of Representatives passed these new laws unanimously and this somewhat hastened process could see them come into enforcement as early as Q1 2021, which would be a huge step up from the already conducive environment of Switzerland.

It is already home to almost 1,000 blockchain and crypto firms, mostly located around Zug, itself housing the self-proclaimed “Crypto Valley”. Bitcoin has also been accepted by many of its individual local governments, and Bitcoin payments have even been accepted on its public transport systems for several years now.

 

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California is Leading the Future of America’s Crypto Economy

cryptocurrency economy

Despite growing support, cryptocurrencies have yet to see mainstream implementation in the US economy. Many people and regulatory agencies are unsure of what to do with crypto, stalling its adoption. California has made some significant strides in this regard recently, setting an example for the rest of the nation.

California is no stranger to embracing change, so its support for a cryptocurrency economy may not come as a surprise. Given its high population, economic status, and cultural significance, it also holds major influence over the rest of the country. As California moves toward legitimizing crypto, the ...

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Trending Bitcoin News and Market Sentiment, Weekly Edition 6th September 2020: DeFi Deflates to Prick Ethereum Bubble and Bitcoin Loses Grip on $10,000, But Long-Term Holders Aren’t Flinching

Bitcoin
  • Friday and Saturday saw massive losses on the crypto market as about 20% of capitalization was shed in the wake of shrinking Defi locked up values
  • Despite the losses, long-term holders and speculators aren’t perturbed, and see this only as a temporary retracement

The weekend bulls for sure did not come out to play on this weekend, as a horrid slide on Friday, on a day when American stock markets also crashed, led to Bitcoin retreating all the way back to USD 10,500 from USD 12,000, and Ethereum also floundering around USD 400 from a high of USD 470.

Saturday did not bring any respite at all as Bitcoin continued to threaten USD 10,000 finally breaking it to a low of USD 9,875 (CoinDesk), while ETH took a nosedive even to USD 330 — all in the space of days, barely half a week after registering their respective yearly highs. It is indeed a huge change in situations since we posted the last weekly insight that provided a list of strong buy signals even as we approached USD 12,000 for Bitcoin.

Some joy should be gained from looking at the scale of this pullback, however. For example, at the time when that low for Bitcoin was hit, we see that BitMEX liquidations were well below USD 40 million. This is hardly the level of volume we’re used to seeing during a massive price move, as in the recent past, huge moves have seen USD 100 million contracts easily get wiped out on the world’s biggest futures platform.

So what do the figures suggest? We think it’s definite selling pressure on the spot market, once short term investors saw the moves by scalpers taking out positions above USD 11,000, the knee jerk reaction was to cut their losses and wait for the fall out to complete. It’s important to note also that USD 10,500 is a huge psychological resistance point that has proven to be the pain levels since 2017.

Noting that many new whales would have bought in 2018 and 2019, USD 12,000 is a hugely tempting level to take profit when you enter at USD 5,000 or thereabouts.

Add into that mix the very clear data that shows that Bitcoin miners themselves have been lining up to book in some profits, with on-chain data provider CryptoQuant sharing information gathered on mining pools. CEO Ki Young-Ju said:

“Miners send a certain amount of BTC to exchanges periodically, so they already have a large amount of BTC in the exchange. Whenever they decided to sell, it seems they move a relatively significant amount of BTCs to other wallets, and some of them are going to exchanges.”

Then again, not everyone agrees it’s all so clear cut. Poolin vice president Alejandro De La Torre himself has said that miner outflows won’t be as obvious, and many assumptions would have to be made to analyze their numbers. He outright denied that CryptoQuant does not even know Poolin wallets:

“I can reassure you that CryptoQuant does NOT know which wallets are owned by Poolin. perhaps it’s a handful of (big) miners they are tracking… even still, many assumptions.”

Looking now at Ethereum, for whom many were saying even this week that a potential second round of Flippening could be on the cards (where it might displace Bitcoin as the digital asset with the largest share in terms of market capitalization), ETH holders will be slightly deflated. ETH trader and influencer Byzantine General said this could mean a likely next target of even USD 290. He said:

“I’ve learned that this is an ‘ascending, right angled, broadening formation.’ Very typical after an uptrend, and a pretty neutral pattern: 55% of the times breaks out upwards. But man, 360 better hold or otherwise we go straight to 290, possibly 250.”

The good thing we would say here though is, all these strong points continue to remain true. The Winklevoss brothers, who said that Bitcoin was likely to hit USD 500,000 if governments would start including it in currency reserves, will certainly not be changing their minds even after this strong pullback. At the same time, data analytics company Ecoinometrics, who said 2020 would end at USD 41,000 (that’s just over twice as much as the current all-time high), will also be sticking to their guns.

Bitcoin maximalist Max Keiser, the host of RT, will point at Warren Buffett’s recent flirtations in Japan as a clear signal that even fiat stalwarts are beginning to exit US dollars and that will be the alert to welcome in new all-time highs for Bitcoin.

The woes for Ethereum could also mean better news for Bitcoin, as Amsterdam Stock Exchange commentator and full-time trader Michael van de Poppe declared:

“Finally, liquidity at the lows taken. Reclaim of $10,000 would mean a S/R flip and a very probable chance we’ll look for liquidity above the range highs. That would suit a bounce towards $10,750-10,900 and majority of the markets bounce 25-40%.”

 

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Limited Time Deal: Save $1,000 on Press Releases on Bitcoin.com, NewsBTC & Bitcoinist with Bitcoin PR Buzz this September

Bitcoin Press ReleaseBitcoin PR Buzz celebrates the rising market by launching a limited time $1,000 discount on press releases on Bitcoin.com, NewsBTC and Bitcoinist. 

 

September 3rd, 2020, Tbilisi, Georgia – The industry’s first dedicated blockchain and crypto press release and marketing firm in the world, Bitcoin PR Buzz is now rolling out a “Bull Market Offer” with a $1,000 USD discount until the 30th of September for a dedicated press release campaign on some of the largest crypto related websites in the industry including Bitcoin.com, NewsBTC and Bitcoinist.

 

Additional Benefits

Originally, the package for the sites retailed at $3,797, however Bitcoin PR Buzz are offering the package for $2,797. This is a unique and time-restricted opportunity for crypto projects and firms to capitalize on the increased outreach to bring on board new users and backers and to expand their reach and influence.

 

Anyone taking advantage of the offer will also get a press release on Bitcoin PR Buzz and 40 smaller sites, press release writing and editing, a custom branded image, PDF report, Tweets from sites about their news, news tips sent to the industry’s biggest sites, and a London-based Account Manager to guide them through their campaign. To kickstart your campaign today, visit our website.

 

Speaking on the offer, Bitcoin PR Buzz CEO Alex Thurston said the following:

 

“It has been a hard year for people, and blockchain businesses in particular. We want to celebrate the positive direction that the market is moving in and provide crypto businesses with the opportunity to refresh their PR efforts at rock-bottom prices.”

 

Bitcoin PR Buzz Launching New Partnerships and Packages 

As a premier crypto PR and marketing firm, Bitcoin PR Buzz understands the potential blockchain and crypto projects have to expand and increase their user base in the light of the increased interest in the industry. The firm has made key new partnerships with Bitcoin.comBitcoinist and NewsBTC, giving blockchain firms more evenues to reach out to potential users.

 

A well-adapted PR strategy is vital for companies to prepare for and thrive in difficult circumstances, hence Bitcoin PR Buzz is now in the process of redesigning their packages. The all new PR and marketing packages will bring more value for firms with wider budget opportunities, bringing 3 press release packages and 3 article packages in 6 price categories. The expected launch of the new packages is mid September, 2020.

 

Kickstart your story today, and visit our website to learn more about our service.

 

Join the Facebook community – https://facebook.com/bitcoinprbuzz

Follow on Twitter – https://twitter.com/bitcoinprbuzz

Connect on LinkedIn – https://www.linkedin.com/company/bitcoin-pr-buzz/

 

Media Contact Info

Contact Name: Alex Thurston, CEO

Contact Emailalex.t@bitcoinprbuzz.com

Contact Telegram: @alex_t_bprb

 

About Bitcoin PR Buzz

Founded during Bitcoin’s infancy by Bitcoin enthusiasts; Bitcoin PR Buzz is the original Bitcoin PR agency, and the oldest newswire in the blockchain sector with over 8 years’ experience in cryptocurrency PR. Bitcoin PR Buzz has since worked with over 800 clients and distributed over 1,400 press releases and articles.

 

With a network of 200+ mainstream and cryptocurrency news sites, Bitcoin PR Buzz’s newswire service includes guaranteed publication on Coin Telegraph, NewsBTC.com, Bitcoinist.com, Bitcoin.com, Hackernoon.com, CCN.com, Yahoo Finance, MarketWatch, and many more.

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