The foundational technologies underlying Bitcoin are a secure, distributed transaction ledger, timestamp server and proof of work algorithm implemented as a blockchain ledger. As Satoshi put it his seminal paper, these make it "computationally impractical for an attacker to change if honest nodes control a majority of CPU power" on the Bitcoin network. While Satioshi didn't invent blockchain technology, his implementation has proven particularly robust and led many technologists to see blockchain as a solution to all manner of problems. 

Sadly for the blockchain evangelists, enterprise successes have been elusive. Indeed, as is regularly pointed out here, blockchain often looks like a technology in search of a problem. Such cynicism is understandable, but unfortunate since blockchain includes several security technologies that can improve conventional databases and transactional applications. Oracle sees the potential and has embraced blockchain technology via several features added to its ubiquitous database to provide what it calls crypto-secure data management.

In making the case for Oracle's blockchain-based security technology, Juan Loaiza, the company's EVP of Mission-Critical Database Technologies, notes that conventional data security techniques like passwords, role-based access controls (RBAC), data encryption and network firewalls are designed to prevent unauthorized actors from reading data. Unfortunately, these methods are powerless to stop insiders or attackers that have acquired employee credentials from retrieving, modifying or deleting sensitive information such as financial or legal records, customer and employee personally identifiable information (PII), business transactions or intellectual property.

Oracle introduced blockchain tables for its eponymous database at OOW 2019 as a way to make existing databases tamper-resistant. It recently expanded blockchain features in Oracle 21c that it now markets as a four-pronged approach to cryptographically-secure data. The key capabilities and associated Oracle features are:

Similar features form the foundation of most blockchain systems and cryptocurrencies, however, integrating them into Oracle provides enterprise systems blockchain-class data protection without requiring significant changes to existing applications.

Many types of financial, government and logistics data serve as a permanent record of transactions, events or decisions that should not be altered, only updated. Oracle protects against such tampering via immutable and blockchain tables. Immutable tables prevent existing data from being changed or deleted by anyone, even database administrators. Specifically, immutable tables block the following actions:

Attackers could still try to exploit an unknown Oracle or OS vulnerability and bypasses immutability controls to directly manipulate an immutable database. Blockchain tables expose such post hoc modifications by adding a cryptographic hash to each table entry that cannot be forged. As the name suggests, Blockchain tables chain rows in sequence by using a SHA-512 cryptographic hash of the row contents plus (for all but the first row of a table) the hash value of the previous row. Thus, any attempt to modify existing data or insert (rather than append) a row) will break the hash validation of all subsequent rows. 

While immutability and blockchain-ing data thwart tampering, they don't address attackers adding bogus data under a stolen identity or prevent a group of conspirators from replacing the entire database. Oracle hinders unauthorized data additions by allowing users to cryptographically sign inserted data using public-private key cryptography and digital certificates. Users sign new data with a private key and since the database system validates signed entries against the user's certificate, attackers that have only stolen a user's login credentials, but not their private key, can't add data with a valid signature. 

Immutability, blockchain and data signing stymie the vast majority of data modification shenanigans, but they can't prevent Enron-style fraud by determined insiders. For example, conspirators with the right access rights might decide to replace an entire blockchain database with a phony replica. Such coordinated assaults are impossible to prevent without a Bitcoin-like peer-to-peer system, but Oracle can expose them by automatically distributing a cryptographic digest to trusted external repositories. Since the digest is a one-way hash that doesn't mathematically allow inferring the starting data from the hashed result, publishing the digest (as public blockchains and cryptocurrencies do) doesn't compromise database security. For example, a digest might be sent via email to an audit firm, published to an independent cloud store using REST APIs or added to a public Ethereum network. Coordinated rip-and-replace database attacks can easily be spotted by comparing the current contents to previously published digests.

As mentioned, entirely preventing illicit database-bypass changes requires a Bitcoin-like distributed blockchain that replicates a database to independent third parties that must reach consensus for every change. Most consensus algorithms entail solving the Byzantine Generals Problem using either a proof-of-work (PoW) (used by Bitcoin) or proof-of-stake (PoS) algorithm (used by BitShares and others, with Ethereum moving to this mechanism). Such systems have proven resistant to coordinate 51-percent attacks, but as Loaiza pointed out in explaining Oracle's blockchain technology, distributed consensus in a peer-to-peer system doesn't mesh with existing business processes and relationships.  He adds, "Overall, peer-to-peer provides very effective illicit change prevention, but at the expense of significant complexity for mainstream use-cases."

Both immutable and blockchain tables are core Oracle 21c features and have been backported to 19.11 and 19.10, respectively.

Blockchain and related crypto features are an example of Oracle's single-database strategy I detailed an earlier column in which it adds new data types and capabilities within the familiar RDMS construct. Oracle illustrates the value of this all-in-one approach by repackaging features like immutability, blockchain tables, data signing and distributed hashes as security enhancements with broad applicability. While the label "crypto-secure data management" doesn't roll off the tongue, it's a reasonable way of categorizing these additions to core database functionality within Oracle's broader set of security features designed to keep attackers from accessing a database. However, once they've breached the castle walls, cryptography and blockchain can limit the damage. 

Bitcoin’s price has seen its fair share of ups and downs over the past month. While the coin has been able to set record highs in 2021, there have also been strong pullbacks.

In the past 24 hours alone, Bitcoin breached the $50,000-mark after days, before succumbing to selling pressure again to trade under the said level. However, as always, the question remains – How far away is the next price rally to its latest ATH. Interestingly, there are signs that traders won’t have to wait too long before such an uptrend materializes.

Large holders of the coin have played a key role in BTC’s growth over the years and 2021 has only highlighted their importance when it comes to price appreciation. According to data provided by Santiment, Bitcoin’s largest holders with over 1,000 Bitcoins currently hold around 42.56% of the total supply.

On 8 February, this was around 43.29% – a 54-week high, and one can argue that this fueled the Bitcoin run that established a new ATH that month. With its value inching towards 43%, traders can expect this to be an indication that whales are looking to fuel another rally in the coming weeks.

Bitcoin’s market data backed up this possibility. In Bitcoin’s market cycle, there has always been a balance between hodlers selling and re-entering the market at a lower price point. The smart money scenario may play a key role this time around as well.

Long-term supply decreases as Hodlers take profits during bull markets and increase in re-accumulation phases at cheaper prices. This lends context to the latest price dip as Bitcoin still retains strong fundamentals. In fact, its price corrections are symptomatic of hodlers selling high only to buy low and boost the price and complete a market cycle. Such has been the case over the past few months and this is likely to continue in 2021 as well.

It is also important to note that Bitcoin’s rally, despite being a few months old, can be considered to be in its mid/early stages. Data provided by Glassnode highlighted this aspect of Bitcoin’s price action by taking into consideration the coin’s reserve risk and contrasting it with its previous bull runs.

At the time of writing, Bitcoin’s volatility was continuing to rise. In fact, according to market data provided by BitPremier, the 30-day BTC/USD volatility was observed to be around 5.35 percent – a level not too far away from its 6-month high of 6 percent.

Increased volatility makes the coin open for further price action in either direction. Ergo, it also slightly increases the possibility of the cryptocurrency noting a greater pullback. If BTC is unable to sustain a breach of the $50k level, it could be trouble for its price aspirations in the short-term.

However, given its strong fundamentals and past precedents backing a renewed rally, traders can take consolation in BTC’s long-term prospects. Then again, this depends on the resistance being flipped to support – a scenario that will materialize if Bitcoin is able to gain substantial buyer momentum in the coming days. Such a trend reversal will enable it to take further advantage of its strong fundamentals while pushing it towards its latest ATH.

Kraken is ‘certainly on track to go public:’ CEO Powell

Moonbeam, Parity announce collaboration to port Balancer to Polkadot

Jude Gerald Lopez is a full time News Editor at AMBCrypto covering the US and Indian market. He is a post-graduate in English literature with around 4 years of teaching experience in Indian literature.

Does Ethereum’s bull run still have to wait for Bitcoin?

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Will Chainlink find enough momentum for a recovery run?

One ETH is worth more than one ounce of gold, here’s what this means?

Bitcoin miners back in HODL mode; what does this mean for the price?

Bitcoin: Has the bull market faded?

CoinShares’ Ethereum ETP is the second of such product after its “BITC” bitcoin ETP was listed on the Swiss SIX exchange in January.

February 25, 2021 | AtoZ Markets – Crypto-asset management company CoinShares has launched a new exchange-traded product (ETP) on the SIX under the ticker ETHE.

CoinShares Ethereum ETP is the second institutional-grade exchange product launched by the company after Bitcoin ETP. ETP on Ether is traded under the ticker ETHE and is backed by $75 million in assets.

Each ETHE will initially be backed by 0.03 ETH, which will allow investors to passively access Ethereum without actually holding the cryptocurrency. CoinShares Product Manager Townsend Lansing said:

The company notes that ETP is listed on the SIX with a base commission of 1.25%, below the industry standard of 2%. CoinShares Director of Profit, Frank Spiteri, noted:

“From the very beginning of 2021, we have witnessed the persistence of last year’s demand for digital assets from institutional investors. We are also seeing an increase in investor interest in Ethereum. “

CoinShares also announced plans to conduct an initial public offering on the Nasdaq First North Growth Market in Sweden. The company is positioning itself as the first major cryptoasset manager to be publicly traded on the stock exchange.

Earlier this month, CoinShares said that institutional investor inflows into cryptocurrencies in the first week of February totaled $ 245 million, with 80% of that amount being invested in ETH.

Think we missed something? Let us know in the comment section below.

CoinShares, Europe’s largest digital asset investor with more than $ 4 billion in assets under management, announced a new physically assisted ETP, CoinShares Physical Ethereum (ticker: ETHE).

Following the Bitcoin CoinShares product (ticker: BITC) in January, ETHE is the second product introduced on the platform for institutional-grade ETP. It will start with approximately $ 75 million in assets under management. Each ETHE unit is 0.03 Ether backed at launch, allowing investors to have passive exposure to Ethereum’s native assets with the convenience of ETP.

ETHE was listed initially on the regulated SIX Swiss Exchange with a base fee of 1.25%. It makes ETHE an attractive choice for institutional investors looking for an affordable tool to invest in Ethereum at a fee below the 2% industry standard. 

This product will be easily accessible to investors because its AUM when launched, exceeds the basic requirements for verification of institutional and corporate investments.

Townsend Lansing Product Manager commented that this second launch this year brings the world’s second-largest digital asset to the new physical platform CoinShares. With innovative products like ETHE, they can continue to set the industry standard for trust and transparency to provide institutions with easy access to investment funds.

Frank Spiteri, Chief Revenue Officer, concluded that in early 2021, demand for digital assets from institutions has been on the rise. Investors’ interest in Ethereum has also increased. They are encouraging customers to trust the team to guide them on their journey through the digital asset ecosystem, and for many, Ethereum is a significant part of that journey. 

The move follows the launch of the first publicly traded Bitcoin fund in Canada, North America this month by Purpose Investments Inc. and Evolve Funds Group Inc. 

Both have rapidly grown. BTCC approached $ 400 million in stock trading in just two days.

In the United States, the Securities and Exchange Commission has rejected many applications for Bitcoin ETFs. They fear that prices could face manipulation and liquidity would be insufficient.

The closest alternative is Grayscale Bitcoin Trust, with about $34 billion in assets. Investors are willing to pay a 7.5% premium to enter now, and the average lifetime premium is 37%. If ETFs get introduced in the US, the growth will be enormous.

Bitcoin held on behalf of BITC is held by Komainu, a regulated custodian for institutional-level digital assets. CoinShares is a pioneer in digital asset investing, launching the world’s first regulated Bitcoin mutual fund and the world’s first Bitcoin-based securities on a regulated exchange. The company currently manages $ 2.9 billion in assets, making it Europe’s largest digital wealth manager.

Digital-asset investment firm CoinShares has launched an Ethereum based exchange-traded product (ETP). This will be the second ETP to be released by the firm following the launch of its Bitcoin ETP in January. 

According to a press release from CoinShares, the Ethereum ETP will be listed on the Swiss SIX exchange under the ticker “ETHE.” Also, ETHE will launch with $75 million worth of assets and offer investors regulated access to Ethereum. 

The investment firm also stated that each ETHE would be initially backed by 0.03 ETH while the product has a base fee of 1.25%. Townsend Lansing, head of product at CoinShares, believes that it is a significant plus. “Bringing innovative products like ETHE allows us to continue setting the industry standard for trust and transparency and provide institutions with easy access to industry-leading (sic) crypto investment vehicles,” he stated.

An ETP is a priced security that can be traded on national stock exchanges as part of day trading. ETPs track the price of assets such as commodities, currencies, stocks, or bonds. In ETHE’s case, the underlying asset is Ethereum.

The past 12 months have seen an increase in ETPs launched as institution interest continues to grow. This is acknowledged by Frank Spiteri, chief revenue officer at CoinShares. “In the early days of 2021, we have seen a continuation of last year’s demand in digital assets from institutions. We have also seen an increase in investor interest in Ethereum”. He said

CoinShares is one of the biggest crypto investment firms with over $4 billion under its management. This will be the second major ETP launched by CoinShares following the Bitcoin-backed ETP launched on SIX Swiss Exchange in January.  

The Bitcoin ETP was launched with $200 million in assets under management and was well received by the financial sector. Institutional custodial firm Komainu will be holding the bitcoin and Ethereum underlying assets backing the ETPs.

CoinShares recently revealed that it plans to conduct an initial public offering on the Nasdaq First North Growth Market in Sweden. This development could position the firm to become the first significant crypto-asset to go public. 

ZKSwap, a decentralized exchange (DEX) built on ZK-Rollup technology, has launched its mainnet as a layer-2 protocol on the Ethereum network.

L2Lab, the team behind the DEX, went live on Sunday, a move that came months after introducing a testnet in November. The firm raised an angel investment round of $1.7 million at the time backed by Bixin, SNZ, FBG and Longling Capital. 

L2Lab said the goal is to use zero-proof knowledge as a scaling solution for the DEX to increase transaction output and lower gas fees that have become a bottleneck for decentralized finance applications on Ethereum.

ZKSwap comes at a time when monthly transaction figures on Ethereum have reached an all-time high, with 37 million recorded in January alone according to data collected by The Block Research.

Within the first day since the mainnet launch, supporting trades for 30 ERC-20 tokens, ZKSwap has locked in $62 million in liquidity and $72 million in total locked value.

“ZKSwap is now fully functional and very hands-on. We believe AMM-based layer-2 DEXes is well-positioned to be a leader and represents a whole new stage in the development of DEXes,” Alex Lee, head of development of ZKSwap, said in a statement.

Ethereum Balance on Exchanges just reached a 16-month low of 15,162,927.567 ETH.

The amount of Ethers held on Crypto exchanges just hit a 16-month low amid the high buying pressure seen in recent days.

Glassnode, an advanced crypto analytic firm released key details on why Ether coins on Crypto exchanges are becoming rare;

READ: Crypto market post all-time high, breaks past $1.15 trillion

View metric:https://t.co/1dCpD2ey8E pic.twitter.com/f213mrEcxI

— glassnode alerts (@glassnodealerts) February 9, 2021

Ether reserves held on crypto exchanges have not been this low for about two and a half years. At press time, just 7% of Ether’s circulating supply is presently held on Crypto exchanges.

Meanwhile, Crypto investors are buying into the world’s acclaimed utility crypto, over owning a stake in Ether amid the boom seen recently in Crypto markets. Although it has not been strange to many crypto experts in the crypto-verse, seeing Ethereum demand at a record high.

READ: List of Cryptos expected to outperform many financial assets in 2021

Olumide Adesina is a France-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment trading. Follow Olumide on Twitter @tokunboadesina or email [email protected] He is a Member of the Chartered Financial Analyst Society.

Cardano at the time of writing this report was trading at $1.047324, up 20.35% on the day.

Cardano, the sixth most valuable crypto is enjoying impressive gains amid record-buying pressure from crypto investors.

At the time of writing this report, Cardano was trading at $1.047324, up 20.35% on the day. It was the digital currency’s biggest one-day percentage gain since February 20, 2021.

Such appreciation sighted in the fast-rising crypto asset, pushed Cardano’s market value to $32.38 billion, or 2.10% of the total cryptocurrency market value. At its highest, Cardano’s market cap was pegged at $35 million.

READ: Cardano flying on a record high amid top American singer’s buy

Cardano had traded in a range of $0.899630 to $1.047324 for the day.

Over the past seven days, Cardano has seen a rise in value, as it gained 21.56%. The volume of Cardano traded for the day at the time of writing, was $10.583078 billion or 4.48% of the total volume of all cryptocurrencies.

It has traded in a range of $0.8115 to $1.1971 in the past 7 days.

Highly revered crypto analyst/trader, Michaël van de Poppe also recommended the fast-rising crypto asset.

READ: Bitcoin more valuable than any global bank

In a video (titled “Cardano Breaks $1 But $10 Is Possible In This Bull Cycle! Here’s Why!”) released recently the crypto pundit told his followers on Youtube channel that:

“Cardano going towards $10 is not that weird to calculate from here, especially given the fact, and I’ve been saying this in the past week multiple times, especially given the fact that Cardano and mostly all the Bitcoin pairs are just barely waking up. So there’s still much more to gain for the Bitcoin pairs.”

SpaceX, a company founded by Elon Musk is exploring the merits of buying Bitcoin, according to MicroStrategy CEO, Michael Saylor.

MicroStrategy CEO, Michael Saylor, has revealed that SpaceX, a company founded by Elon Musk, is exploring the merits of buying Bitcoin.

Saylor revealed that top representatives from SpaceX were among 7,000 companies represented at MicroStrategy’s recent Bitcoin seminar, which the leading business intelligence company organized to aid companies interested in buying Bitcoin as a treasury asset.

READ: Bitcoin bounces back after losing $13,000 in a space of 2 days

“We had people from SpaceX there. We had people [from] some of Elon Musk’s companies. We had people from Marathon there.

“The ones you would expect were there, but of course, there’s an avalanche of private companies, and there were a decent number of public companies and treasurers and CFOs that were lurking.

“Some don’t want to have their names mentioned, as you can imagine, because it’s a sensitive topic,” Saylor said.

READ: Panic in crypto market as over $140 billion got wiped off

However, a significant number of traditional finance experts are not buying into the flagship crypto bullish run, as they see little value in the digital currency on the account that they believe Bitcoin, and other leading cryptos are just part of a larger speculative bubble.

Recent reports suggest SpaceX raised another $850 million this month from a group of leading institutional investors led by Sequoia Capital.

READ: Tesla loses $200 billion in market value following Bitcoin investment

Micheal Saylor has always been a strong fan of the world’s most popular crypto asset and he thus shares the bias that companies can use Bitcoin to hedge against future fiat inflation and allow them to plug into a revolutionary and superior monetary network.

Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price.

In the melee, some users managed to buy at these ridiculously low prices and quickly moved the bitcoin (BTC) away from their exchange wallets before the error was detected, local news outlet Bitpinas reported. The actual amount of BTC hoarded at the $6,000 give-away price is not clear.

However, the Philippine Digital Asset Exchange, or Pdax, is now demanding that users return the bitcoin or face legal action. The exchange has since locked out several of its clients from their accounts for this reason. But the traders are having none of it.

“After almost 24 hours, they sent me a demand letter and SMS, requesting me to transfer back the BTC, or they ‘may’ be compelled to take legal actions against me.” said one trader who bought at the low price and is convinced he did not violate any of the trading platform’s laws during the purchase.

Rafael Padilla, a lawyer representing one of the Pdax users being asked to return the BTC and locked out of their accounts, said:

Our client’s trade transaction was legitimate under applicable laws, decided cases, and of course according to Pdax’s very own terms and conditions/user agreement.

According to Padilla, Pdax has opted to lock users out of their accounts because it cannot unilaterally reverse the transactions.

The exchange began to suffer outages from around Feb. 16, which it blamed on “unprecedented levels of trading and volatility”. An official statement from Pdax chief executive officer Nichel Gaba claims that 95% of accounts have been restored, but several users reportedly still remain locked out of their accounts.

On Feb. 23, Gaba told a virtual press conference that: “It’s very understandable that a lot of users will feel upset they were able to buy what they thought an order was there for bitcoin at very low prices. But unfortunately, the underlying bitcoins were never in the possession of the exchange, so there’s never really anything there to be bought or sold, unfortunately.”

What do you think about the technical failure at Pdax? Let us know in the comments section below.

Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Ethereum price Today – Bitcoin 50k, Buy Limit Entries For Bitcoin And Ethereum

January 23 2021

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Exchange Rates UK TV: Review of current price action as we move into the weekend. Technical analysis covers Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), NEXO, and Cardano…

Ethereum price Today – Bitcoin 50k, Buy Limit Entries For Bitcoin And Ethereum

A technical glitch caused a Filipino cryptocurrency exchange to temporarily discount the price of Bitcoin to down from about $48,000 to $6,000. 

“Transactions grew by 70x over the past months,” said PDAX in its statement, overburdening the exchange and causing its trading engine to split apart at the seams. 

Nichel Gaba, CEO of the exchange, PDAX, said in a press conference that although a “very small number of orders” were valid, said Gaba, lots of these transactions never really went through. 

See, PDAX, like most exchanges, bases its orderbook on a centralized database, not on a blockchain ledger. So although it looked like these transactions were valid, they weren’t, he said. 

“It’s understandable that a lot of users feel they are entitled to those assets,” he said. “However, based on our investigation of the incident, we have concluded that a sale did not take place,” he said. “So there’s never really anything there to be bought or sold, unfortunately,” he said.

However, some users said that PDAX has asked them to return Bitcoin purchased from valid transactions. “After almost 24 hours, they sent me a demand letter and SMS, requesting me to transfer back the BTC, or they ‘may’ be compelled to take legal actions against me,” said one user, reported Yahoo Finance . 

“The right thing to do is to return it,” said Gaba, “in the same way that if someone gives you excess change or if the ATM over-expenses you with cash.”

While the exchange, PDAX, sorts out the problem, it has locked some of its users’ accounts and many on Facebook report that they are still locked out from the exchange. 

Thankfully for its locked-out users, Bitcoin is back to trading at a “discount” today—down $10,000 from its high on Sunday of $58,000.

The implications of Elon Musk’s tweets and Twitter’s bio-update have been felt around the Bitcoin ecosystem, with the crypto price reacting the same in the last 72 hours. In reality, in a 24-hour span alone, Bitcoin’s price rose by more than 18 per cent, fuelled by Musk’s tweets and institutional demand.

In response to the same, Bitcoin registered over 1.25 million active addresses and $95.83 billion of Bitcoin on-chain transactions. Now, the important question is, was there any spillover to Ethereum?

Ethereum’s price increased by more than 5% during the same period of time. What does this mean? Well, this means that there has been some spillover, with investment flows switching from Bitcoin to Ethereum. Furthermore, in the sense of the latest Bitcoin rally, it is also worth noting that the active supply of Ethereum continues to decline. In reality, the Last Supply Active 3y-5y (1d MA) dropped to a 4-month low of 18.6 million ETH, based on data from Glassnode.

While the active supply has been decreasing for some time now, why is it signalling a shift this time around? Well, since investment flows are a critical component of the increase in Ethereum’s volatility, trade volume, and price, with decreasing active supply and lack of narrative supply critical to Ethereum’s price rally.

The rise in institutional investment flows from Bitcoin traders and the launch of CME ETH Futures has improved trading volume and exchange demand. Additionally, just a few hours ago, the ETH means that the fees charged reached an ATH of $19.95. These are the metrics that suggest that Ethereum’s price is heading towards its next peak after reaching the ATH of $1815.96.

Bitcoin was the first ever cryptocurrency in the world, that originated back in 2008. Since its rise to stardom many other virtual coins emerged, but none of them managed the same impact as the second most popular coin in the world, the Ethereum. ETH is a relatively younger addition into the mix, but straight away it captivated the attention of crypto enthusiasts with several major improvements that it brought to the table. So, why is Ethereum and ETH Gambling so popular and how does it compare to Bitcoin? Let’s dive into the details and dissect what Ethereum Gambling is all about.

How is Ethereum superior to BTC? 

Advantages of ETH Gambling

Aside from the previously mentioned blistering speed of transactions for both Deposits and Withdrawals, Ethereum gambling holds several other significant benefits. Security is another major factor in people switching massively towards the ETH Gambling segment. Due to the decentralized design of blockchain technology, Ethereum Gambling becomes increasingly safer, because it’s virtually impossible to be hacked by anyone. But probably the biggest benefit of Ethereum Gambling is the fact that you stay completely anonymous to any unwanted attention. No banks, governments or financial institutions will be able to track your activities during the ETH Gambling.  

Where to find the best Ethereum Gambling websites?

It’s fairly easy to find the best Ethereum Gambling websites for yourself, you just need to look at the casino review websites like BitcoinGamblers to understand which one holds the best offer for you. The main factors to take into account are the longevity, reputation and scores. Also, it’s important to understand the welcome bonuses and offers. Some provide much higher rewards for players compared to others. 

Crypto trading has become an integral part of life for many people. However, this method of a cryptocurrency exchange has nuances, as you always need to stay online. Far not every crypto-exchange can boast of rich functionality for such opportunities. Let’s look at several popular trading platforms that allow for making exchange transactions from a mobile phone. They are very important for those traders who are often on the road, like to check quotes and manage funds without any restrictions.

When choosing a crypto-exchange, it is important to consider the availability of a mobile version, since it will allow you to exchange assets on the go and in a matter of minutes.

The first step you should make to start trading cryptocurrency from your smartphone is to download the Play Market and log in. Don’t forget about the two-factor authentication system, which will most likely be required. Enter the SMS code from the linked phone number or confirm it through e-mail. Now you can look for an app that you should download to perform a bitcoin to litecoin exchange. The functionality of mobile applications usually does not differ from the web version much. Nevertheless, below we have gathered the best options for you.

The app of one of the world’s largest crypto exchanges in terms of trading volume – Binance – ranks second with a capitalization of $2.1 billion.

The Binance app is stable and has a pretty convenient interface. There are two versions of the application – for Android and iOS devices.

The application interface is simple to use: currency pairs are grouped in a separate tab with the current cryptocurrency rates. You may buy and sell any coin by clicking the Buy or Sell buttons. The application is highly stable, Binance has a large number of trading positions. For those who want to trade short rates and different currency pairs, the Binance app will be indispensable.

Coinbase is another popular crypto exchange with a well-deserved reputation and high trading volume. The Coinbase mobile app is a variant of the online bitcoin storage with functionality for exchanging. To start working you should link your trading accounts on the site.

The Cex platform does not boast the same trading volume and currency pairs as Binance. However, it supports a very convenient app for iOS and Android. On CEXb you can buy altcoins for fiat using Visa and MasterCard.

It’s a young crypto exchange that allows for converting many different coins, including the rarest ones. The creators of the exchange went beyond the usual online trading and brought variety to the functionality by developing the Kucoin mobile application.

A relatively young, but already well-established exchange. Its main difference is decentralization. This platform does not store your coins. That is why it cannot be hacked so don’t worry about the safety of your funds.

Besides, to work with Godex.io, you don’t need to register. Cryptocurrency exchange occurs in a matter of minutes.

To date, the developers are working on creating a convenient and simple application for operating systems. Plus, you can access Godex via a mobile browser.

BC Bitcoin is a bespoke cryptocurrency brokerage platform registered in the UK. It provides buying, selling, holding and exchange services for all of the most popular cryptocurrencies. Customers can buy and sell using British pounds or Euros and can use bank transfers, credit or debit cards or another cryptocurrency to make purchases on the platform.

The company was founded in 2017 by traders with over 30 years combined trading experience. Company Director Jamie Green spent 18 years as a financial markets trader in the City of London, while Co-director Mark Lemon has a background in E-commerce, the gaming industry and trading financial markets.

The user friendly website, various types of support offered and the large array of different cryptocurrencies available mean that BC Bitcoin is suitable for anyone seeking an execution only broker.

Wide range of alt coin trading – customers can trade up to 1,000 different coins – they can call the broker if there is a particular coin they would like to buy or sell.

OTC desk – high net worth clients can use the over-the-counter desk to access various liquidity pools for trading large volumes.

Coin Storage – this crypto asset custody service holds coins for clients, keeping them secure with multiple approval safeguards.

Coin Swap – customers can use this service to exchange any listed cryptocurrency for another, either from an external wallet or from within their holdings.

Recurring Payments service – clients can set up a standing order or direct debit to schedule regular future purchases of a cryptocurrency.

Wallet guides – this section of the website contains information on many of the most popular wallets along with step by step instructions on how to set them up.

Referral programme – referees can earn 0.5% commission on every trade the person they referred makes, paid out in a cryptocurrency of their choice.

You are now ready to start buying and selling on BC Bitcoin!

Select ‘Buy coins’ or ‘Sell coins’ at the top of the page to get started. To buy, you simply choose your coin, payment method, and currency, then enter your wallet address and the amount you want to spend. The fees are transparent and will be displayed to you before you complete the transaction. If you have any questions during the process, there is a chat box in the bottom right corner where you can get support.

The Coin Swap service is likewise straightforward – just enter the coin and amount you want to swap and choose which cryptocurrency you would like to receive. In fact the whole website is user friendly, presenting helpful information in a clear layout without a distracting array of confusing technical tools. Although there is not a dedicated mobile app for the site, BC Bitcoin can be accessed by any device connected to the internet.

Experienced crypto traders may be disappointed by the lack of charts and advanced features such as trailing stops, however those who are just getting into crypto will appreciate the detailed guides for each coin and wallet.

The brokerage has an active Twitter account with more than 2,000 followers. They post on an almost daily basis with the latest cryptocurrency news, trading insights and information about giveaways.

Although the company does not have a Discord channel, it does have Facebook and Telegram accounts, as well as recent five star reviews on Trustpilot.

BC Bitcoin ensures their user base remains satisfied by offering support via email, phone, WhatsApp, Telegram, Skype and live chat. The customer service team is available 8am to 11pm seven days a week.

BC Bitcoin offers a wide range of coins compared with many other brokers – over 100 different cryptocurrencies are supported with up to 1,000 available on request. Other features that set it apart from the competition are Coin Escrow, Coin Trading and the option to set up recurring future purchases of a cryptocurrency.

BC Bitcoin is a secure and trusted platform. The company is compliant with KYC guidelines and recently received its temporary FCA registration. The Coin Storage service also offers customers peace of mind by employing biometric security and a multi-signature release mechanism to keep their coins safe.

The lack of technical trading tools and the non-24/7 business hours may make BC Bitcoin unsuitable for day traders but those with more medium to long term trading strategies will find many positives. While the easy to follow website, excellent customer support and coin and wallet guides make BC Bitcoin accessible for the inexperienced crypto trader, the broker’s OTC desk, liquidity pool access and uncapped cryptocurrency buying power also make it an attractive option for institutional firms and high net worth individuals.

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It is official. Bitcoin exchange Coinbase is going to become a public-traded firm.

The US Securities and Exchange Commission (SEC) released Coinbase’s S-1 filing on Thursday, signaling that it has approved the cryptocurrency trading company’s request to list its shares on Nasdaq seven-month after its initial filing. That made it the first exclusive crypto exchange to have achieved the mettle.

The rumors of Coinbase exploring a public listing opportunity emerged last summer. The company confirmed the news in December 2020, revealing that it had filed an S-1 application with the SEC. Last month, Coinbase announced that it was going to list its Class A shares directly.

Meanwhile, the publication of Coinbase’s S-1 filing also unearthed its financial performance for the first time in public. It showed that the exchange earned $3.4 billion in total revenue until 2020, with transaction revenues contributing to 96 percent of the overall returns.

The firm also showed that it earned a net income of $322.3 million in 2020. Nevertheless, in 2019, it suffered losses worth $30.4 million.

“We,” Coinbase explained, “expect our operating expenses to increase significantly in the foreseeable future and may not be able to achieve profitability or achieve positive cash flow from operations on a consistent basis, which may cause our business, operating results, and financial condition to be adversely impacted.”

Coinbase did not share a market price for its public market debut. Nevertheless, its shares sold via the Nasdaq Private Markets were valued at $373. That has the US firm a rough valuation of $100 billion.

Coinbase’s intentions to go public have opened a portal for institutional investors to gain exposure in the cryptocurrency market without having to purchase cryptocurrencies.

Speculators will be able to buy or sell Coinbase shares on the stock market like any other public-traded company. The success of their trade would depend on how the exchange does as a business. Therefore, a growth in the cryptocurrency sector, driven by higher valuations in the Bitcoin, Ethereum, and other token markets, would determine Coinbase’s stock bias.

Chris McAlary, CEO of bitcoin ATM operator CoinCloud, noted:

“If [traditional investors are] more comfortable investing in stocks and putting their money behind a company with cash flow, a board of directors and the whole traditional infrastructure, they’ll appreciate the opportunity to bypass crypto volatility and invest in Coinbase stocks instead.”

When the SEC finds a company suitable for the public, the regulator signifies a higher demand for its products and services in the future. Cryptocurrencies are at the central point of Coinbase’s services, which means its public-listing relies on a boom for top digital assets, including Bitcoin and Ethereum.

Most importantly, Coinbase’s filing appears at a time when corporates and traditional investment vehicles have exposed their treasuries/portfolios to Bitcoin. Their moves took cues from the cryptocurrency’s potential to act as a hedge against future inflation caused by the Federal Reserve’s ultra-dovish and the US government’s expansive stimulus policies.

Bitcoin surged by more than 1,200 percent from its mid-March low of $3,858 amid lower interest rates, infinite bond-buying, and trillions of dollars worth of direct aid to the Americans, cashing on stressed bond yields and a depressed US dollar.

And now, with a top Bitcoin exchange going public, the cryptocurrency expects to gain more traction from retail and institutional traders alike.