trusted and renowned Cryptocurrency exchange to buy coins with Credit & debit card directly (especially for US users). Coinbase exchange currently supports 31 Cryptocurrencies and 18 more coming soon.

It charges a 3.99% fee with a Visa and Mastercard.

You can buy 1000$ worth Bitcoins just by setting up your account.

 SIGNUP TO RECEIVE 10$ BONUS

Cex.io exchange is also a renowned exchange to buy coins with credit & debit card directly.

Cex.io Exchange charges 7% buying fee if you buy using their brokerage service.

Otherwise, Cex.io Exchange only charge 2.9% Fee with Visa and MasterCard

Best Instant cryptocurrency exchange to buy Augur with a credit & debit card instantly. Changelly supports more than 200 coins. Changelly charges a 5% fee.

You can buy Augur directly without submitting your personal information. Just attach your Credit or debit card and receive coins instantly to your wallet

Sign up changelly now

Binance has recently started service to buy Augur with credit & debit card via simplex. Binance is a leading cryptocurrency trading platform in the industry. The exchange supports more than 1300 cryptocurrencies and thousands of trading pairs.

Although there is no KYC required for trading at Binance but to buy Augur with a credit card you have to provide your personal information.

The same is true for the fee. There is a low trading fee on the Exchange.

But to buy Augur with credit & debit card you have to pay a 5% to 10% fee of the total buying amount.

Sign up for Binance now and receive 10% discount in trading fee for lifetime.

Local Bitcoins is the world’s best p2p (peer to peer) exchange.

If You are unable to find Augur in any of the above exchange. Then you can buy Augur at LocalBitcoins Exchange indirectly.

LocalBitcoins Exchange allows to buy bitcoin with every payment method possible, using any Fiat currency, and in any part of the world.

On top of this, You don’t need to provide any personal information to buy bitcoin from the exchange.

Local bitcoins charge a 1% transaction fee with both seller and buyer.

Step -1. First Buy Bitcoin with debit or credit card at LocalBitcoins Exchange.

Visit LocalBitcoins Exchange

The best way to buy Augur with PayPal is to First, buy bitcoin at Localbitcoins Exchange

Then transfer Bitcoin to Binance Exchange. Subsequently, Exchange Bitcoin with Augur.

First, buy Bitcoin with Payza, Neteller or Skrill at Localbitcoins exchange.

Then transfer Bitcoin to Binance Exchange. Then trade Augur with Bitcoin.

Cex.io, Coinbase is the few exchanges which allow buying supported cryptocurrency with Bank transfer and SEPA (European Customers) directly

If you don’t find Augur at Binance Exchange or Changelly Exchange

Then you can check above Augur exchanges section. There you can find the Exchanges the Augur is currently trading

Later transfer your bought bitcoins to any of the Augur Exchange and convert them to Augur

of course, in the closing period. 

August had high anticipations; however, the expectation seems to remain dry for a while as several coins like Augur have been sluggish since the beginning. The upcoming period seems a bit different from the previous one.

Augur has been performing well since the beginning of June, but after hitting 0.0027 BTC mark, REP token started downside correction at a tremendous pace. Currently, it is trading around 0.0016 BTC with a flat momentum.

Starting from June, the Augur price was at $0.001347 BTC. The currency was trading with slow and steady upside momentum, and the price escalated to 0.0020 BTC mark. Later, the token marked a slight regression and test to previous support of 0.0017 BTC.

After that, REP token managed to regain momentum and breached key resistance at 0.0021 BTC mark and then traded with the flattish trend. Later, a sudden escalation took place, which took the REP price as high as 0.002733 BTC. However, over the next ten days, the currency retested the 0.0017 mark and even fell below further.

Since the beginning of August, the Augur price locked around 0.00175 BTC mark. Currently, the REP token lacks support from MA 50 & MA20. The RSI is at 42.86 and is inclined downwards. The same projects that the currency might keep the stagnant price movement intact.

pattern that projected a near 10% loss for the coin in the coming days, while Decred made massive gains recently. Augur also formed a bullish pattern on the charts.Tezos [XTZ]Source: XTZ/USD on TradingViewTezos formed a head and shoulders pattern and the price broke under the neckline, and could possibly retest the neckline before another descent.This is a bearish pattern, one that projects a target equal to the height of the head from the neckline, one which projected $1.85 as a downside target for XTZ over the next few days.The MACD also signaled a shift in momentum to bearish since it recently formed a bearish crossover and was heading under zero, at press time.Augur [REP]Source: REP/USDT on TradingViewREP formed an ascending triangle (orange) while its OBV was also forming a series of higher lows (white) to indicate the presence of buyer interest. The OBV had been on a long-term downtrend (pink) recently, one which it broke out of following the recent surge.A close below the triangle pattern would signal an invalidation of the bullish pattern.As long as the pattern is in play over the next few days, it can be expected that REP would continue to register higher lows and break out and flip the resistance at the $14.6-level.Decred [DCR]Source: DCR/USDT on TradingViewDecred shot upwards to register gains worth 56% in 5 days while on its move from $11.6 t0 $18.2, before retracing 61.8% of the move to find support at the $14.16-level again.Using the Fibonacci Retracement tool for this move, possible upside targets were shown for DCR after it rose higher than its previous high at $18.2.While a bearish divergence (orange) was seen and DCR pulled back to its previous support, it could be set for another northbound journey as the RSI was still above 50 and signaled that an uptrend was in progress.Upside targets for DCR would be $20 and $22.23 above it, which are the 27% and 61% extensions of DCR’s rise from $11.6 to $18.2.Source: is-15-november/Share pSkypeRelated NewsTags: Analysis, Augur, Decred, November, Price, TezosPost navigationPakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto BanNokia Stock Continues to Struggle to Rise Above $4Copyright © 2020 BitcoinEthereumNews.comTheme by: Theme HorseProudly Powered by: WordPress

institutional investors could be turning to Bitcoin as a hedge against inflation, with the world’s biggest cryptocurrency moving past $11,200 recently following a quick burst.

It remained to be seen if this move would precipitate a bigger rise toward $12k or if it was presaging a plunge. While DASH highlighted a bearish divergence, Augur was noting the beginning of a strong uptrend.

Litecoin was moving within an ascending channel (yellow). While LTC moved past the mid-point of the channel, it was rebuffed by the upper trendline resistance, just beneath the $50-level.

Further, the OBV highlighted that the buying volume backing the recent uptrend was weak. Highlighted in white, the OBV fell while the price rose. This bearish divergence might play out, with LTC seeking the $45-support over the next few trading sessions.

The recent surge in Augur’s price has been on the back of excellent trading volume. However, the fact still remains that REP dropped from $29 to $12.8 in the space of a month. In fact, subsequent attempts at recovery from REP have amounted to naught.

At press time, however, the Directional Movement Index was on the verge of signalling a strong trend. The ADX (yellow) was on the cusp of crossing over above 20, while +DMI (blue) soared on the indicator to show bullish bias for the trend.

In conclusion, the next few trading sessions can give more insights into REP’s market over the next few weeks, a cryptocurrency that was observed to likely be at the beginning of an uptrend. However, it still had levels of resistance at $14.6 and $15.8 to reclaim.

DASH was another asset to show a bearish divergence. The hidden bearish divergence occurred when DASH set lower highs, but the momentum indicator (RSI) made higher highs (white).

It was possible for DASH to post minor losses on the back of this divergence. The zone at $67 could see some demand for the crypto-asset, likewise, the level of support at $65.

Can Bitcoin overthrow the US Dollar as the leading reserve asset?

Day Trading is tricky; Here’s what might help

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

Litecoin, IOTA, Synthetix Price Analysis: 9 December

Litecoin, Cosmos, Dogecoin Price Analysis: 03 December

Chainlink, Dash, VeChain Price Analysis: 02 December

Litecoin, Cosmos, Zcash Price Analysis: 02 December

XRP, Dash, IOTA Price Analysis: 01 December

Bitcoin Cash, Synthetix, Dash Price Analysis: 30 November

correlated with the world’s largest altcoin. Augur, on the contrary, was trading underneath an important level of resistance, one it has tried to flip for almost two months now. Finally, Zcash formed a series of higher lows but saw no extraordinary interest from buyers.

Ethereum climbed past $500, a level it last noted back in July 2018. If the market bulls can defend this psychological level of support over the next few days, ETH could surge to as high as $550 and $580 accompanied by strong investor confidence.

Further, the RSI was in overbought territory, but ETH could continue making gains over the next few trading sessions, before seeing a pullback towards $500.

While a close below $500 could take the price to the support at $480, a Bitcoin correction could wipe out a significant chunk of ETH’s recent gains.

In other news, Grayscale Ethereum Trust became the first publicly quoted ETH investment product.

The resistance level at $14.6 has held strong since late October, and REP has not been able to rise past it despite multiple opportunities.

However, this attempt could turn out differently. REP has posted steady gains since touching a low of $12 in recent weeks and it could be set to continue the uptrend.

It formed an ascending triangle, a pattern that generally sees a bullish breakout. Many altcoins have stopped bleeding and have been trading sideways or posting gains, and Augur could see further gains alongside a shift in sentiment in the bulls’ favor.

The Fixed Range Volume Profile showed that the price had climbed above $14.25, the Point of Control over the last two months. A close above the $14.6 resistance level could spark additional bullish momentum,

Zcash was trading within an ascending channel, but the OBV continued to note an overall bias towards the selling side over the past month. Movement past the $71-resistance level did not seem impossible, but there was no evidence yet to indicate it was on the cards.

The MACD showed neutral momentum at the time of writing, while the OBV saw increased buying volume over the past few days.

$71 was a level that ZEC was unable to flip to support a few weeks ago, and it might struggle to approach it once more. A close below the channel could take the price down to the $56-level.

XRP short-term Price Analysis: 21 November

Cardano on schedule to deliver Goguen, reveals Hoskinson

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

Is DeFi eating Wall Street?

Ethereum long-term Price Analysis: 08 December

Bitcoin Cash, Tron, Zcash Price Analysis: 08 December

Ethereum, NEM, FTX Token Price Analysis: 07 December

Miners unconvinced as Ethereum devs look to move EIP-1559 to mainnet

Ethereum short-term Price Analysis: 02 December

has permanently departed the project, as per a post by the firm on Sunday.

— block.one (@block_one_) January 10, 2021

Larimer founded Block.one with Blumer in 2017. Its tokens became one of the biggest success stories of that year, finding their way to the top-20 crypto projects by market cap and worth tens of billions of dollars at their peak.

The firm is a software publisher specializing in high-performance blockchain technologies. Its first project, EOSIO, an open-source blockchain protocol designed to enable secure data transfer and high-performance decentralized applications.

“Block.one today announced that Daniel Larimer, CTO at Block.one, has departed to pursue new personal projects,” the firm said in the post. Co-founder Brandan Blumer said in the regard, “I co-founded Block.one with Dan in 2017, and since then we’ve seen both the industry and the company grow to unprecedented heights,” adding:

“I’m not alone in being grateful for the contributions Dan has made to date, and I look forward to seeing what he will do next.”

Upon the news of the departure, responses from the EOS community on Reddit and Twitter were mixed. One such post read, “Dan quits EOS just like everyone that we used to think hated on EOS said he would. Pretty disgusting to see.”

“Dan peaces out with millions from his 3rd flop/scam. How many times [are] people going to buy this guy’s shitcoins?” read another.

Before Block.one, Larimer founded BitShares with Cardano founder Charles Hoskinson in 2013, before leaving that company and later founding Steemit (another ICO) in 2017. He has been criticized by the crypto community for the departures—with the monetary benefits, in particular, and the swift departures forming a subject of contention.

The Cayman Islands-based firm, however, met with criticism in early-2018 after it was found that it earned over $4 billion through the illegal, unlicensed sale of its ERC20-based EOS tokens. US regulators even went after the business, before reaching a settlement in the form of a $24 million penalty in 2019.

Meanwhile, Block.one’s doing just fine. Blumer said in a post on Sunday, “B1 is building products designed to leverage our #Bitcoin as more than just a store of value, and we have accumulated well beyond our previously announced 140,000 #BTC position.”

— Brendan Blumer (@BrendanBlumer) December 17, 2020

Moving forwards, Block.one said that it continues to stay focused on advancing its current and future products and looks forward to sharing its planned developments with the world in 2021.

Brendan Blumer, one of the executives behind EOS, criticized Bitcoin’s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered).

Brendan Blumer, the founder and CEO of Block.one, believes that blockchain technology has created a huge social movement that enabled real adoption to happen on an enterprise level.

From its turbulent mainnet launch, the EOS network faced community backlash for freezing several user accounts.

Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Please take that into consideration when evaluating the content within this article.

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

It’s been a bloody past day for the Bitcoin and broader crypto market.

The price of Bitcoin abruptly fell by over 5% in just three hours on January 10.

Ethereum has undergone a remarkable rally over the past seven days.

make headlines?noted?its plan to launch a second version (called Augur v2) of its platform starting on July 28.

According to the blockchain-powered event betting firm, migration of its REP cryptocurrency tokens to a new version will be necessary for its users from July 28. That is, those who hold REP token will need to do a manual migration of their coins to a new version called REPv2.

We will rename the current tokens REPv1 to lessen any confusion, said the firm. Augur said it will launch Augur v2 on the Ethereum (ETH) mainnet and provide a migration tool within the Augur UI, as well as a full tutorial on how to migrate.

A requirement for those who hold REP tokens after the release of Augur v2 is participation in any forking, if it happens. However, failure to participate in it within 60 days will disqualify their holdings from participation in any of the forked and future universes of Augur. 

REP token holders do not need to take any immediate action for now. The firm also noted that forking is meant to be an exceptionally rare event which would cost over $9 million at the time it announced Augur v2, thereby making REPv2 presumably worthless.

When it comes to ranking cryptocurrency tokens by market capitalization, Augur?s?native REP token (REPv1) occupies the 44th position and is trading at $16.77.

hours.

All time high (ATH) price of Augur reached $ 145 on 19 Dec 2017 and fallen -89.0% from it.

Augur's share of the entire cryptocurrency market is 0.01% with the market capitalization of $ 90.09 Millions.

Augur’s 24 trading volume is $ 6.70 Millions. It is trading on 56 markets and 27 Exchanges the most active of them is Upbit.

Find more details about Augur cryptocurrency at the official website and on the block explorer.

Augur is a Decentralized Prediction Market Platform, built on Blockchain technology. Prediction markets allow users to buy and sell shares in the outcome of an event. The current market price of a share is an estimate of the probability of an event occurring. To gain this large audience, Augur is built on Ethereum, a decentralized blockchain network similar to the Bitcoin network. Utilizing this technology, our markets can effectively eliminate counterparty risk and centralized servers while creating a global market by employing cryptocurrencies such as bitcoin.

Turn political knowledge into predictive power by trading on the outcome of upcoming elections, potential policy decisions, and other political events.

Hedge against catastrophic events like natural disasters, market crashes, and geopolitical upheaval by betting that the event will occur.

Harness the power of crowds to create a more accurate weather prediction tool for events like hurricane landfalls, heat waves, and daily temperature averages.

Companies can use Augur to guide decision making by forecasting vital information such as total product sales and project completion times.

Foundation in 2015, the crowdsourced prediction protocol raised $5.5 million by selling REP tokens long before the term initial coin offering (ICO) had taken hold. Now, after the release of a new version of its white paper, the system that would allow global users to bet on the outcomes of real-world events is getting close to a test launch. But while Augur will allow people to bet on all sorts of events (from which team will win a specific sports game to whether the Dow Jones will break a certain price), the founders say users will have only one market to make when it goes live. The Forecast Foundation's operations lead, Tom Kysar, told CoinDesk: "Essentially, we are going to launch Augur with one market, and that market is: 'Will Augur be hacked?' or 'Will there be a critical vulnerability discovered in Augur' by a certain date?'" If that seems risky, it is. But according to Kysar, it will be well worth it in the end. In parallel with the bet, the Augur team will run a bug bounty, seeding the market with bets that the system won't be hacked. In this way, a confident hacker could then take the other side of those bets, and go to work trying to find flaws in the protocol to collect a big payday. "From what we heard from our auditors, we'll probably be the largest and most complex application to be attempted to be deployed on ethereum," he said. "I think it's very naive to think we could launch 6,500 lines of Solidity code being bug-free." In an effort to give outsiders plenty of time to find potential bugs, the team will be running the controlled launch for something like three months. Augur is going through its second round of smart contract audits right now, and once complete, a live launch could be just months away, the team said. As for what will be made available at the time, the platform is expected to finally permit real people to serve as "reporters" in the markets. New markets need to designate a trusted reporter to determine how a bet resolves. Odds are, many of these will probably be bots of one kind or another, maintained by trusted developers (not unlike Polyswarm's approach to threat assessment). Still, as outlined in the white paper, the system has two levels of dispute resolution in case participants disagree with an outcome. At the most basic level, all Augur users are enlisted in resolving a disputed market. If a market dispute rises to the highest level, Augur forks into new "universes" for each outcome, and that's when a crowdsourcing procedure kicks in to determine the correct outcome. An attacker could try to force an incorrect outcome through an attack, but the Forecast Foundation's models suggest this shouldn't be profitable. In any case, whenever users participate in deciding how a market resolves, they will need to stake REP tokens to do so. Any time they stake on the correct outcome, they stand to earn a return. "The system does also attempt to shift the value of REP upward, or downward, when needed by adjusting the fees that are given to reporters," Alex Chapman, Augur's lead contract engineer, explained. "While the cap of rep is below our target level, the fees will go up every week and vice versa." Yet, as the team has been working on the project, they've realized there are limits to how far a project should go on distributing all work. Early on, the team wanted to have every market decide by participant votes. While that's still the backup plan for markets with disagreements, the team has come around to the idea that rewarding centralized decision making turns out to be more efficient. "Distributed reporting is really a worst-case scenario." And the first live market on whether Augur will be hacked should provide the team with valuable lessons, ones which it will take back to tweak the codebase if necessary. After this, the full launch will commence, and that, according to Kysar, that is the big moment, both technically and organizationally. "Once Augur is live on the mainnet, the full release, we have no more control over Augur than anyone else does," he said. While the Forecast Foundation will keep working on the code and the client, it won't be able to force anyone to accept its work. At that point, Augur will belong to the world, a critically important step since historically prediction markets have been shut down or restrained by governments. "If there's a central point of failure anywhere, that's the chance for regulators to come in an shut it down," Kysar said. He continued, "We're not going to limit it, we're not going to cap it, we're not going to restrict it." Instead, people will be able to put as much ether into Augur as they want. "Ultimately, it's up to traders whether they believe the platform is secure based on these assumptions and formulas." Mayan calendar image via Shutterstock The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Korean Exchange Halts Trading Over KYC Concerns Ex-PayPal President: Facebook Messenger Unlikely to Support... rcel.id = 'rc_' + Math.floor(Math.random() * 1000); rcel.type = 'text/javascript'; Social Media Giant Snap Confirms It's Banned ICO Ads Snapchat just became the latest social media platform to ban advertising for initial coin offerings. Ethereum and Stellar? Kik's Kin Token to Use Two Chains While Kik said it would move its "kin" crypto tokens off ethereum and onto stellar, today it announced it was allowing the tokens to live on both. Mar 21, 2018 at 12:45 | Ian Allison Waking Dragon? Asia's Token Economy Is Charging Full Speed Ahead At the Token 2049 conference in Hong Kong, Asia's vibrant market for cryptocurrencies and ICOs took the spotlight. Mar 21, 2018 at 08:00 | Michael J Casey The 'Crypto Bubble' Is About More Than Market Mania This mania is incentivizing the formation of collaborative networks of developers and entrepreneurs. Their ideas will shape the economy of the future.

Token continued to climb on the charts, with the crypto on an uptrend it has been on since early November.

ETH slipped under the $580-mark a few days ago and slipped as low as $530, before the bulls forced a recovery. However, the price was at $580 at the time of writing and had not yet reclaimed the level of resistance as support.

The RSI rose swiftly and indicated that the downtrend was broken as it rose above 50. While the short-term outlook for the price was bullish, there was still a lack of trading volume to accompany the rise in price.

Past the $583-level, $600 and $620 can be expected to offer some resistance. However, analysis of a longer timeframe for ETH showed evidence of rising bearishness.

It has been a volatile period of time for Augur. In the past three weeks alone, REP saw a drop from $17.6 to $14, a subsequent recovery to touch $18 in early December, followed by a drop to $14.4 a few days ago, a level from where the price picked up to climb to $15 once more.

A trend was not present in either direction for REP from late November to the time of writing, while a strong uptrend was present for the coin from late October for a period of nearly four weeks.

The 20 SMA (white) and 50 SMA (white) can be expected to act as support and resistance for REP. The levels at $14.6 and $15.8 acted as support and resistance, respectively, and are also important levels to watch out for.

The long-term outlook for FTT was bullish. The ascending trendline has been respected by the price and it acted as support, with the recent dip under the trendline quickly bought up by the bulls.

The level of support at $4.14 was breached momentarily, but the price recovered and it climbed by nearly 7% above that level.

The MACD formed a bullish crossover and was on the verge of climbing past zero to underline strong bullish momentum behind the token. The OBV showed that there was buying volume behind the long-term uptrend and legitimized the price’s ascent.

Why Bitcoin’s bull run is well and truly here

What part are Ethereum-only portfolios playing?

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

Litecoin, Augur, VeChain Price Analysis: 27 December

Bitcoin Cash, Augur, VeChain Price Analysis: 26 December

Ethereum, IOTA, Dash Price Analysis: 26 December

Ethereum, Ethereum Classic, Cardano Price Analysis: 25 December

Monero, Dash, Augur Price Analysis: 25 December

Tron, Waves, FTX Token Price Analysis: 24 December

following the rise of many altcoins recently, we see bitcoin making some moves too.

In today’s list, we present the top crypto market performers with notable results. Our combination entails the top 50 cryptos according to rating platforms, specifically coin gecko and CoinMarket Cap.

Elrond comes first on today’s list with a whopping 25% gain in the last 24 hours. 

The coin’s market sentiment is altogether bullish with 90% of market respondents voting for a bullish stretch into the ripe If the trading day. 

The price history of Elrond within the last one year looks impressive. Since last year till date, ERD has gained 286% and about 217% since last month. 91% in the last two weeks and 1.0% in the last hour. 

ERD is currently trading at $0.015 amid a 24-hour market capitalization of $216 million. Within several exchanges, more than $70 million ERD was exchanged in the last 24 hours. 

Augur is making some traction recently. Coming second on our list, the top gainer is up by around 17% in the past day. 

Augur’s market sentiment is overly bullish with 91% positivities. Although a 9% skeptical population exists, the market is likely going bullish from here on. 

Augur’s recent gains may have been instigated by various inbound developments of the platform and its community. These include a REP token migration slated for July 28 and a forthcoming platform version 2 (v2) launch. 

REP tokens enjoyed a sleek year. The token gained about 96% in the last year and is also up by around 40% in the last 30 days. The coin keeps recording gains into the moments with a 5% gain within the last 24 hours. 

Each Augur token is currently being exchanged for $24.7 as the market capitalization grows to $280. 

Terra made our top gainers list today. The top loser crypto accrued gains equal to around 16% since yesterday.

LUNA’s market sentiment is quite fairly positive with 75% optimism from traders. This may be an indicator of a potential price rise.

Generally speaking, the coin is having a bad year as price percentage loss is around 79%. Although the price recovered slightly within last month, it rose up to around 45.7% gain. The last two weeks have also been impressive.

LUNA is currently changing hands at $0.305 as market cap draws back to around $131 million.

integrated into smart contracts on the Ethereum blockchain, at no cost. The software is public and open source.

As complicated as its operation may seem, its use has potential and can be applied to many use cases, for example in relation to events of all kinds, using the oracle to determine the winner of the bet.

Augur has recently launched the update phase of its platform, the V version, which will come into effect next month. It is currently possible to ask for an invitation to test it in advance.

However, the update also has some downsides: Augur is currently blocked and invites not to open positions or trade on the old version.

As mentioned, Augur operates on the Ethereum blockchain and therefore follows the same dynamics of this blockchain and its related fees, as well as the flooding of the network that could lead to a slowdown of operations.

A similar project to Augur is, for example, PredIQt, which is supported by Everipedia, a decentralized encyclopedia based on the EOS blockchain, with the possibility to use either the Everipedia token, IQ or directly EOS.

weeks and could be set to continue to do so over the next week or two. VeChain was trading just above an important level of support, while Augur broke beneath a region of support and could be headed lower on the charts.

Monero has been trading within the range between $120 and $135 for a few weeks now. The 50 SMA (yellow) and the 100 SMA (pink) were moving quite close to one another after September’s strong uptrend.

This pointed to the possibility that Monero will continue to trade within this region in a phase of consolidation. However, at the time of writing, the price had moved under the 100-period moving average and could be headed to $120 once more.

Further, the RSI also noted how the past few weeks did not have a predominant trend for the crypto-asset.

VeChain was facing steady selling pressure. The CMF showed that over the past few weeks, there were periods when capital flowed strongly out of the market. Further, the OBV also showed that buying volume was overwhelmed by the sellers in the market.

The same was also accompanied by VET losing the $0.0113-level and finding support at $0.01 once more. A drop under $0.01 can see VET move toward $0.0091, the next level of importance.

REP was trading within a rectangle bottom last week and broke beneath the pattern over the past few days.

The price pulled back, however, to test the rectangle’s lower boundary. This indicated that the price, which could be projected to reach $10.8 following a breakdown, was unlikely to drop so low. A more conservative target could be between $11.5-$11.7 if REP headed south once more.

The MACD formed a bullish crossover under the zero line, indicating a weak buy signal. However, the recent trend has been bearish, and unless the resistance level at $12.84 is flipped to support, REP would not have a bullish outlook.

Yearn Finance ‘promptly mitigates’ flash loan attack vector

Here’s why Bitcoin is awaiting Election Day

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

Binance Coin, Monero, Dogecoin Price Analysis: 08 December

Why aren’t Bitcoin, Ethereum as leveraged as Sushi, VeChain?

Monero, BAT, Verge Price Analysis: 06 December

Chainlink, Dash, VeChain Price Analysis: 02 December

Bitcoin SV, Monero, Algorand Price Analysis: 02 December

Chainlink, Crypto.com Coin, VeChain Price Analysis: 01 December

pushed DeFi volumes into the billions. Ethereum-based decentralized applications (dApps) were the biggest success story of the year, at least if you discount Bitcoin’s stratospheric push towards $30k. Open finance protocols such as those related to lending, staking, and saving reiterated the raison d’être for cryptocurrencies, providing users with a trustless means of transacting value without depending on a trusted third party. In the space of a year, DeFi redefined the expression “free market” in its own image.

Unsurprisingly, major financial institutions have started to watch the crypto landscape closely, threatened by the speed at which Ethereum captured value while selling the dream of financial inclusion. And they have other networks to worry about too: while Ethereum undoubtedly dominated the DeFi landscape in 2020, spiraling network fees caused by high congestion, not to mention sluggish transaction confirmation times, highlighted common concerns about the platform’s long-term viability. Banks reconnoitering the DeFi landscape, therefore, should be aware of these fast-rising Ethereum competitors in the year ahead.

A public decentralized ledger that demonstrated processing an impressive 1.4 million transactions per second, Radix is a leading contender for Ethereum’s DeFi crown. Reinforced by a next-generation consensus mechanism called Cerberus and powered by the developer-friendly Radix Engine, the layer-1 protocol is the brainchild of autodidact Dan Hughes, a British blockchain evangelist and genius coder who first experimented with Bitcoin in 2011. Indeed, Hughes was inspired by the original Bitcoin code when he started developing Radix, which recently raised $12.7 million from its first-ever token sale and exceeded its funding goal. 

In terms of performance, the platform is expected to surpass all DeFi rivals, including Ethereum, when it launches its mainnet, a consequence of its lightning speed, infinite scalability, and robust security – elements Hughes believes will drastically reduce DeFi hacks, exploits, and failures. Another USP of Radix, according to CEO Piers Ridyard, is that it doesn’t proclaim to be a general-purpose platform: it’s built specifically to improve the pain points of DeFi. 

To that end, Radix has already integrated the leading oracle network Chainlink into its public network, giving developers access to a treasure trove of secure, accurate off-ledger data. Other Radix integrations include REN and Quantstamp, to name a few. The implications of a blockchain with this level of performance include adoption from stock exchanges, credit card processors, and other traditional financial services providers. 

Within the Polkadot ecosystem, parachains bolt on to the main network, relying on its security while retaining their independence. Application developers can choose to deploy dApps as smart contracts on existing parachains or as their very own parachains. The Polkadot DeFi stack is expanding at a rapid rate, with projects such as cross-chain DEX networks ( Zenlink ), AMMs (Polkaswap), and staking platforms (Bitfrost) already in the wild. There is also Moonbeam, an Ethereum-compatible toolkit for smart contract deployment. Despite having only launched in mid-2020, Polkadot is currently the largest staking network by total value locked.

With DeFi requiring new sources of liquidity and collateral, COSMOS is well-positioned to capitalize in 2021. Kava’s CEO Brian Kerr has even alluded to the possibility of existing Ethereum DeFi projects like Compound and Augur being ported onto Cosmos via bridges or integration with Kava itself.

Banks are still the behemoths of finance, but if 2020 taught us anything, it was that existing systems can be upended in a matter of months. Expect the aforementioned Ethereum alternatives to be making big moves in DeFi in the year ahead.

Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

market capitalization above $60.4 billion in 2020 and a global revenue of approximately $159 billion in 2020, the gaming industry is actively growing.

In fact, a Newzoo report predicts that the market will exceed $200 billion in yearly revenue by 2023.

Despite the sheer size of the market, blockchain-based gaming is still in its infancy. Once disruption occurs, these figures will grow exponentially, as blockchain works its magic to reduce friction, increase trust and create new revenue streams for gamers.

This article will provide readers with a thorough overview of blockchain’s value proposition within the gaming industry. Furthermore, it’ll highlight a series of use case scenarios, brought forth by innovative blockchain-based projects looking to reshape the market as we know it.

How blockchain benefits the gaming industry

Over the last few years, we’ve been direct witnesses to the emergence of in-game economies. Other advancements like virtual worlds, peer-to-peer gaming, live streaming and esports highlight significant room for growth. However, these developments are not free of hurdles and challenges affecting players worldwide.

As a whole, the gaming industry lacks a sufficient degree of trust and accountability. Players are also finding it difficult to generate income through gameplay, in spite of revenue opportunities created through live streaming, sponsorships and in-game economies. Moreover, numerous companies are actively showcasing a predisposition to engage in greed, eroding the industry’s core principles.

Luckily, blockchain is here to save the day. Multiple blockchain-based projects are aiming to resolve the issues highlighted above. To keep things brief, blockchain technology assures decentralization, immutability, transparency, accountability, security, quick transactions and low fees without having to rely on third parties. Blockchain’s gaming use cases are plenty. From accounting for in-game item rarity through NFTs to facilitating P2P integrations or creating revenue streams, the gaming industry is scheduled to be overhauled. In the long run, players will access cost-effective means of payment for in-game purchases, fraudulent activities will be minimized, accountability will be restored and overall industry trust will be attained.

Exploring blockchain gaming use case scenarios

Here are a few case studies highlighting the benefits brought forth through the usage of blockchain technology within the gaming industry.

No-limit, peer-to-peer betting via Augur

The global sports betting market was valued at $85 billion in 2019. However, betting doesn’t have to be limited to sports. In fact, bettors should be able to wager on the outcome of any event, without unnecessary restrictions. Today’s betting market is flawed. Odds are never fair and payouts are often delayed or unsatisfactory, whereas high volume bettors are oftentimes penalized. These issues are the direct result of centralized betting platforms whose sole focus is profit generation.

Augur aims to revamp the betting industry by creating a global, no-limit platform where users can easily bet on world events, sports, economics and more. Augur is blockchain-based and peer-to-peer, so it is open to use and profits from betting volumes. It has no interest in penalizing users or lowering their limits. Cryptocurrencies are accepted and all payouts are based on smart contract integrations.

Providing gamers with new revenue streams via ExeedMe

The esports industry has seen considerable popularity, but player participation entails high entry barriers. To join a team, an enthusiast must exhibit skill but also compatibility with other team members. But this is never enough. Individual players and teams must also seek sponsors and rely on networking to participate in competitions. Streamers can access sponsorships and ad revenue, but beginners often have a hard time making ends meet.

ExeedMe holds a simple purpose – generate new revenue streams for gamers through the means of NFTs and DeFi projects. As a blockchain-based tournament platform, players can seamlessly monetize their skills with no regard to their actual skill level. The platform works by leveraging Polkadot’s infrastructure to set stakes and fund matches using liquid cryptos. Small-scale tournaments can be carried out between friends, fellow players or highly skilled individuals. Whoever wins obtains the prize pool.

However, players are rewarded XED tokens whenever a bettor trusts in their skills. By progressing through tournaments, gamers obtain NFT rewards with an inherent value that’s backed by rarity and exclusivity. With matchmaking, anti-cheating protocols and an agnostic approach, ExeedMe will surely encourage considerable player value growth.

Integrating off-chain oracles for betting with Chainlink

Chainlink is a decentralized oracle network designed to connect smart contracts to the outside world. Through Chainlink’s system, complex smart contracts can access trustworthy and immutable inputs and outputs, thereby facilitating a wide array of use case scenarios, one of which is decentralized betting. Chainlink easily connects to any API, thanks to its flexible framework, and its oracles are reliable and transparent. As such, it’s never been easier to connect blockchain technology to off-chain data.

With a quick integration, a casino can facilitate betting on real world events without having to rely on centralized data sets. But this technology isn’t exclusive to the betting industry. Chainlink can also be deployed within actual games to influence in-game events based on real-world data. The possibilities are endless and incredibly exciting.

Creating in-game value through non-fungible tokens

Wrapping it up

As blockchain’s mass adoption continues, gamers worldwide will soon access a revamped ecosystem that places user satisfaction at the forefront. Over the long run, it is expected that blockchain integrations will boost the industry’s size while creating next-gen use cases.

Blockchain enthusiast learning to write and deploy my own DApp. Previously worked for the oil and gas industry as an IT administrator.

Featured Image: Spells of Genesis via Twitter