Play One of the Most Familiar Games in a Crypto Setting

There are plenty of crypto games out there and hidden among them are few real gems like the Big 2 Game (大老二  鋤大弟) a whole new experience. A creation of Costa Rica based Penfield Entertainment SRL, BIG2.WIN is a multiplatform card game with simplistic yet highly captivating gameplay.

What Makes BIG2.WIN Different from the Rest?

BIG2.WIN scores above the rest with its user-friendly design, easy sign-up process, simplified social and real-time gameplay, and certified fairness. Being an HTML5 browser-based game, BIG2.WIN can be accessed directly over any connected device with browser capabilities. The responsive design offers a consistent gaming experience on desktop, mobile phones and tablets powered by a diverse range of operating systems including Android, iOS, Windows and MacOS. The Big 2 online game can be played in both single-player demo as well as multiplayer modes.

Play Big 2

It takes less than 5 minutes to sign up and start playing on BIG2.WIN. Users will have to just enter their username, email address and password to get started. Once the account is created, they can either choose to play for free right away, or deposit BTC and pick any of the 5 levels to stake. Based on the levels selected, the value of each point will also differ.

On hitting the “Play Now” button, the user will be pitted against 3 other players, each having dealt 13 cards at the beginning. The aim is to get rid of all the cards before the rest, and the one to do so will be awarded the sum of points lost by the other three players. Each leftover card at the hands of the losing player will fetch 1 point to the winner, and in case a player is left with more than 9 cards, then they will lose twice the number of points. The rules of Big 2 is clearly explained here.

Stake Level	mBTC per Point
Free	0.00000 mBTC
Level 1	0.02000 mBTC
Level 2	0.20000 mBTC
Level 3	0.40000 mBTC
Level 4	1.20000 mBTC
Level 5	2.00000 mBTC

 

The reliability and fairness of BIG2.WIN is assured by a cryptographically secure Random Number Generator created as per the UK Gambling Commission’s standards and certified by iTech Labs – an accredited testing lab for certification of online gaming systems.

Winning More for Less

The attractive bonus and affiliate programs on BIG2.WIN offers more earning opportunities to its users. New users can avail 100% Matched Deposit Bonus of up to 50 mBTC on all deposits made within 90 days of account creation. In addition, the platform also offers 0.02 mBTC bonus for every mBTC paid in rake fees.

Meanwhile, BIG2.WIN affiliate program encourages users to refer their peers to the platform by offering them a percentage of rake fees paid by those referred by them as commission. The referral commissions ranging from 10% to 20% are paid out every month, through a withdrawal link sent over the email.

Why Wait? Experience BIG2.WIN without delay. Visit the platform, select “Demo Play” to get familiar with the game. Once convinced, you can create an account here and start placing wagers.

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source https://cryptonews.wealthsharingsystems.com/2021/01/play-one-of-the-most-familiar-games-in-a-crypto-setting/

Monero (XMR) Craters 15% Amid Delisting From Leading Exchange

Monero (XMR) is the worst-performing crypto asset of the past 24 hours. The privacy-focused coin is down 15% in the past day, pushing below key support levels amid a strong drop level.

Chart of XMR's price action over the past week from TradingView.com

Its drop comes as Bitcoin has done its best to hold the $29,000 region. Other altcoins seem to be stuttering despite BTC’s move higher, showing the strength in the leading cryptocurrency.

Monero appears to be dropping as a result of news that it is being delisted from a popular exchange.

While there was no formal reason announced with this news, many think that this makes no sense as Monero should be within privacy rights.

Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment

Monero Craters 15% 

XMR is down 15% in the past 24 hours after Bittrex announced that it would be pulling support for the cryptocurrency, along with a few others that get put into the same bucket as Monero.

Bittrex announced:

“The following markets will be removed on Friday, January 15, 2021, 23:00 UTC. BTC-XMR, ETH-XMR, USDT-XMR, BTC-ZEC, ETH-ZEC, USDT-ZEC, USD-ZEC, BTC-DASH, ETH-DASH, USDT-DASH, USD-DASH. You must perform any trades with these tokens no later than Friday, January 15, 2021, 23:00 UTC. After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline.”

DASH and ZEC are also down on this news as many see this as a blow to the cryptocurrency’s bull cases and survivability.

Related Reading: DeFi Founder Targeted in $8m Hack Says He Has His Hacker’s IP

A Deeply Dissapointing Move?

Speculating that this move is related to potential privacy concerns shared by the government, Jake Chvervinsky, a lawyer in the space wrote:

“It’s deeply disappointing to see exchanges remove assets just because they have privacy-preserving features. There’s no law or regulation requiring this, just DOJ’s opinion that privacy is “indicative of possible criminal conduct.”

Erik Voorhees, CEO of ShapeShift, hinted that the motives may be different than what he thinks. Voorhees wrote:

“Jake… you might not realize why they are actually being removed. Some day I hope to be able to discuss it.”

He did not expand on what he means by this.

Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing

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Price Tags: xmrusd, xmrbtc 
Monero (XMR) Craters 15% Amid Delisting From Leading Exchange

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source https://cryptonews.wealthsharingsystems.com/2021/01/monero-xmr-craters-15-amid-delisting-from-leading-exchange/

U.S. Congress Members Opposed Treasury Crypto Ruling

One of the biggest stories in crypto right is the news that the Financial Crimes Enforcement Network (FinCEN) branch of the U.S. Treasury is working on cracking down on self-hosted wallets in crypto.

A document that outlines the proposed rule suggests that exchanges and other virtual asset service providers will need to verify the name and address of those that attempt to make withdrawals of over $3,000.

Related Reading: DeFi Founder Targeted in $8m Hack Says He Has His Hacker’s IP

Proposed Rule Makes No Sense

While this is being done to prevent crypto crime, some think that this doesn’t make any sense.

Kathryn Haun, a general partner at a16z focused on crypto assets, wrote on the matter:

“Late yesterday, instead of following that process,  @stevenmnuchin1 slashed the ordinary comment period to just 15 days, on a Friday before the holidays no less, for crypto regulations that to us @a16z and others in the crypto space don’t make much sense.”

There are others that have highlighted that this is redundant and just a way to prevent users from controlling their own funds. As is, most regulated exchanges have to take the names, addresses, and other details of traders that use fiat. This new rule doesn’t change much and actually goes further than traditional financial institutions need to go for cash transactions.

This rule has created such a stir that U.S. Congress members are coming out against the Treasury in a written letter.

Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment

Proposed Crypto Ruling By U.S. Treasury Opposed by Congresspeople

In a letter sent to the Treasury on December 31st, 9 congresspeople wrote that they have concerns over the proposed crypto ruling by FinCEN:

“We write to express our concerns regarding the process to respond to the Financial Crimes Enforcement Network’s (FinCEN) Notice of Proposed Rulemaking (NPRM) related to “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets.” We share your goals of protecting national security and supporting law enforcement in their efforts to combat criminals who seek to engage in money laundering, illicit financing, and other criminal activity. However, we are concerned that the Treasury Department’s approach to establishing complex new rules for the recordkeeping and reporting of convertible virtual currency and legal tender digital asset transactions do not afford the American public a reasonable opportunity to respond.”

The group seems to be most opposed to the lack of time given for the American people and for others to respond to the proposed ruling.

The group that sent this letter includes Tom Emmer, Tom Cotton, Warren Davidson, Tulsi Gabbard, and a number of other members of Congress.

Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing

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Price Tags: 
U.S. Congressmembers Opposed Treasury Crypto Ruling

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Altcoin Drastically Pumps And Dumps Against Bitcoin

The Bitcoin bull market is here, the asset is trading at nearly $30,000, and an awful year just came to a close – investors are in their right to be celebrating and having a little bit of fun with their profits.  But one altcoin that recently was sent skyrocketing immediately was swatted back down, nearly retracing the entire move.

Speculation points to a pump and dump group behind the surprise move, but there could be another factor involved that could act as a dark cloud hanging over altcoins for many months to come.

FUN Is Over: Altcoin Experiences “Brutal” Pump and Dump Against Bitcoin

Bitcoin in 2020 rose from a low of $3,800 to end the year at $29,000. A bull market is back for the top crypto asset, and investors are eyeing the eventual breakout of altcoins across the rest of the market.

For example, Ethereum trades at roughly 50% of its former all-time high, while Bitcoin is 50% above its. The divergence has some shark-like investors searching for the right opportunity amidst the blood.

Related Reading | Bitcoin Dominance Doji: Why 2021 Could Spell Doom For Altcoins

Certain altcoins are exhibiting structures that look ready for a breakout against BTC, and one altcoin from the last bull run did just that.

FunFair (FUN), an altcoin designed for the online casino industry, experienced an enormous surge against Bitcoin. The altcoin spiked as high as 350% against BTC over the course of several hours.

In just one hour, however, the entire rally was retraced, leading the crypto community to speculate over if pump and dump groups have returned to crypto. These groups coordinate efforts to artificially pump a coin’s price, only to dump it once FOMO is sufficiently ignited.

They were extremely popular at the height of the crypto bubble in 2017, and they could be back. Or could it be a sign of something else?

Pump and dump? Or did a whale end all the fun? | Source: FUNBTC on TradingView.com

The Other Side of The Coin: Older Crypto Assets Face Wave Of Sellers On The Way Back Up

While it very well could be fun and games for a pump and dump group, a “whale call” alerting users to a massive sum of FUN tokens being moved could have tipped anyone off about the coming dump.

The fact such a large supply was moved suggests that this wasn’t the action of a pump and dump group, but a whale selling down the first sign of a major rally in the altcoin.

Related Reading | Analyst: Post Bitcoin, Traditional Finance Will Flock To DeFi, Not Ethereum

With altcoins still down so low, and potentially more danger ahead for the asset class as the SEC begins to stiffen regulations, whales could be waiting in the water, ready to liquidate their tokens as soon as they can.

Most altcoin investors who got in around 2017, are still underwater and could be waiting to sell the moment they can, even if just to exchange for Bitcoin. It could be the primary factor behind why no alt season has returned, and the short-lived over the summer was kept to only DeFi tokens and other new alts.

Featured image from Deposit Photos, Charts from TradingView.com

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source https://cryptonews.wealthsharingsystems.com/2021/01/altcoin-drastically-pumps-and-dumps-against-bitcoin/

Yearn.finance (YFI) Could be Coiling Up for a Rally; Analysts Eye $27,000

Yearn.finance’s YFI governance token’s price has been stagnant as of late, hovering within the lower-$20,000 region without being able to gain any serious momentum.

This comes as the entire DeFi space generally sits within a consolidation phase. Investors’ attention is concentrated on Bitcoin as most altcoins – including Ethereum – stagnate and lose ground against the benchmark cryptocurrency.

From a fundamental standpoint, Yearn.finance’s ecosystem is stronger than ever, and the introduction of new products and new parts of the ecosystem are only making it stronger.

Although this has yet to reflect in YFI’s price, there’s a strong possibility that this trend will shift once there’s a capital rotation event away from BTC and into altcoins – and DeFi in particular.

It remains unclear how long it will be before this occurs, but it will likely be led by Ethereum gaining serious ground against its Bitcoin trading pair, which has yet to take place.

One trader is noting that YFI could be on the cusp of seeing some incredibly bullish momentum in the short-term.

He notes that the crypto will likely trend towards the upper-$20,000 region in the near-term, thanks to its strong base of support just below its current price.

Yearn.finance’s YFI Stagnates Despite Bitcoin Uptrend

Bitcoin’s parabolic rally has not been enough to create tailwinds for the aggregated crypto market, with Ethereum and most other altcoins severely underperforming it as of late.

The DeFi sector has been fragile, with new retail investors who are backing the BTC rally not knowing about this fragment of the market yet.

Yearn.finance’s YFI token is an example of a prominent DeFi token that has yet to rally, with its price holding steady between $22,000 and $23,000 for the past few weeks.

It likely won’t be able to rally until Ethereum gains ground against Bitcoin.

Trader: YFI Could Be Getting Ready to Push Higher

One trader does believe that a Yearn.finance rally could be right around the corner, noting that the strong base of support below its current price seems to indicate that a move up towards its $27,000 resistance could be imminent.

“YFI update: Finally moving? Remaining as patient as possible with this one,” he said while pointing to the below chart.

Image Courtesy of Chase_NL. Source: YFIUSD on TradingView.

Watching to see how Ethereum trades against BTC should provide insights into whether or not DeFi altcoins like Yearn.finance’s YFI will be able to see any explosive momentum in the days and weeks ahead.

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Charts from TradingView.

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source https://cryptonews.wealthsharingsystems.com/2021/01/yearn-finance-yfi-could-be-coiling-up-for-a-rally-analysts-eye-27000/

Online Gambling in Michigan Expected This Month

 January 1, 2021

The Gaming Control Board has announced that they expect online gambling in Michigan will be live by the middle of this month. The Governor signed legislation which legalized sports gambling in the state late in 2019. Online gaming, however, had to establish it’s own regulations and licensing.

The legislature’s Joint Committee on Administrative Rules approved the needed regulations last month and waived the 15-day waiting period, allowing casinos and the Gaming Control Board to go to work on the licensing process immediately.

Fifteen casinos and their vendors have already been approved, including Gun Lake Casino in Wayland and the Four Winds Casinos across southwest Michigan. Firekeepers Casino in Battle Creek is still waiting for its license.

You can read more about the launch of online gambling in Michigan at WOOD TV.

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Bitcoin Could Break $30,000 After Climbing Above This Key Level

• Bitcoin is inching closer and closer to the coveted $30,000 region, with this long being a target looked upon by investors
• Because this level has psychological significance, there’s a strong possibility that it will hold as resistance and may be a difficult hurdle for bulls to overcome
• There is a strong possibility that a clean break above this level could open the gates for the benchmark cryptocurrency to see a continuation of its parabolic uptrend
• One trader is now noting that BTC could be on the cusp of posting a strong break above this level
• He notes that its technical strength comes from the recent break above $29,200, which is now holding strong as a support level

Bitcoin and the entire cryptocurrency market have seen mixed price action over the past few days and weeks.

The selling pressure seen over the past couple of days has all been absorbed by bulls, with bears being unable to gain any major footing within the market.

Where the entire space trends in the near-term should depend largely on whether or not bulls can shatter the resistance that sits around $30,000.

A firm break above this level would contribute to the cryptocurrency’s parabolic momentum and potentially allow for a massive upswing.

Bitcoin Gains Momentum as Selling Pressure Evaporates 

It does appear that Bitcoin is facing a so-called “sell-side liquidity crisis,” as each selloff is almost instantly absorbed.

This has allowed the crypto’s price to gain a strong foothold above $29,000, with it currently trading up just over 1% at $29,400.

It has yet to test $30,000, but it does appear that bulls are vying for a break above this level in the near-term.

Trader Claims Recent Push Past $29,200 Likely to Lead to $30k Breakout 

One prominent trader explained last night that $29,200 is a crucial level for the entire cryptocurrency market. The break above this level is likely to provide BTC with further upwards momentum in the days ahead.

He is specifically watching for a breakout above $30,000 next.

“BTC: Bitcoin ranging here into the New Year. Watching levels on 4 hr – $29,100s to $28,300s We’ve seen Bitcoin get bought up several times now – with a break above $29,200 – IMO cold have the legs to push to $30k+.”

Image Courtesy of Josh Rager. Source: BTCUSD on TradingView.

Whether or not Bitcoin can break above $30,000 in the mid-term should shed some light on where it will trend in the weeks to come.

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Charts from TradingView.

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source https://cryptonews.wealthsharingsystems.com/2021/01/bitcoin-could-break-30000-after-climbing-above-this-key-level/