Bitcoin is striking back as halving inches closer

Bitcoin is striking back as halving inches closer

Bitcoin is well on its way to regaining its lost dominance in the crypto market while challenging major altcoins as the big halving day approaches.  

After a quiet few weeks, Bitcoin is making its way up again and challenging altcoin dominance. According to a chart published by Messari researcher Ryan Watkins, ‘Bitcoin is well on its way to achieving the same market dominance that it did during the 2017 bull run.’ This essentially means that Bitcoin’s total share in the crypto market is on the rise yet again, thus silencing all its critics. Hence, investors and enthusiasts are likely to be more interested in placing their bets on BTC as opposed to other cryptocurrencies.

This comes after the tragic 2018 price crash, which prompted traders to move into altcoins, hoping to neutralize the risks associated with a bearish BTC trend. However, even amid the existing global pandemic and a pathetic economic scenario, Bitcoin seems to be making its way back into dominance. Interestingly, a crypto analytics firm, Messari also noted that the public interest in Bitcoin is also at an all-time high, similar to when BTC was close to its maximum ever price range. Recently, Google also reported that search queries with the word ‘Bitcoin’ in the last week of March were the highest ever that it ever received. 

This uptrend comes weeks before the much-awaited Bitcoin halving scheduled on May 12th. There is no ignoring the fact that, post 12th May, BTC’s inflation rate will be reduced by 50%, as mining rewards will be cut into half, and supply will also slow down. However, what this could essentially trigger is a bull run, as the demands will try to cope up with the reduced supply. 

Whatever be it, it is fair to say that the focus has now shifted from altcoins to Bitcoin, and the crypto community is eagerly awaiting the halving event. Let’s see how the BTC market reacts. We will keep you posted. 

ORYX Gaming Offers Retention Boost with New Slot Tourneys Tool

Major online gaming provider ORYX Gaming this week debuted its new Realtime Tournaments and Leaderboards tool that aims to further enhance player engagement and retention through different exclusive competitions.

The company’s new product offers online gambling operators the opportunity to run slot tournaments across multiple gaming providers.

The tool also provides real-time data feed which allows tournament participants to track and compare their progress and results with others.

ORYX Gaming’s recently unveiled new tool boasts Plug’n’Play nature, which means that no additional integration is needed and that the product becomes instantly available to all existing partners of the provider and across all games available on its content aggregator ORYX Hub. The platform currently features more than 8,000 gaming titles from some of the industry’s biggest content developers and suppliers.

Part of the Bragg Gaming Group, ORYX Gaming is a rapidly growing provider of B2B solutions for the online gambling industry. Its offering includes an omni-channel retail, online, and mobile iGaming platform, marketing and operational services, as well as the above mentioned ORYX Hub aggregator.

In addition to a wide variety of content, ORYX Hub also offers product integration and marketing tools for the online casino, sports betting, and lottery verticals. The aggregation platform provides rapid and seamless integration and is fully compliant with a number of major regulated jurisdictions.

Unique in Many Ways

ORYX Gaming’s new Realtime Tournaments and Leaderboards product enables gambling operators to set all tournament parameters, including game type, number of players that can participate, currency, and language. Once all these are set up, the tournament gets up and running within a few minutes.

ORYX Gaming says that Realtime Tournaments and Leaderboards’ capabilities allow for an active and dynamic use of the product as “a powerful marketing tool” that helps operators keep players entertained, excited, and engaged while playing the slots games they like and love the most.

Commenting on their new product, ORYX Gaming Managing Director Matevz Mazij said that the new tool “is unique in many ways” as it offers a real-time data feed and easy set-up and does not need to be integrated separately.

Mr. Mazij went on that Realtime Tournaments and Leaderboards provides operators with the opprotunity to “create exclusive competitive environments” that enable players not only to win in the game they enjoy but also to do that against others.

According to the ORYX Gaming executive, this adds “another layer of excitement and offers a great incentive for players to battle to win or return to a game where a tournament is running.”

Mr. Mazij also revealed that their new tool has been launched with several online gambling operators and has already seen “amazing results” with doubled player session times and significant increases in bet sizes.

Realtime Tournaments and Leaderboards is set to go live with several big industry names in the coming weeks, it also became known.

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Blueprint Brings Four Retail RTG Hits to Online Casino Fans

UK-based online casino games developer Blueprint Gaming today announced that it has adapted four Realtime Gaming classic slots for the online gaming space.

All titles are now available through the development studio’s RGS platform and can be exclusively accessed by Blueprint’s global operator network.

The studio’s design and development teams have reimagined four hit retail titles from RTG for the online gambling market, with these four being:

  • 7s Deluxe – the newly developed online slot is based on the classic sevens game; it features a 5×3 grid and includes a Wild Seven Substitute where the flaming 7 wild symbol substitutes for the classic 7 symbol for some extra win potential.
  • Crown Gems – this 5-reel, 10-payline slot arrives with stacked symbols that offer the chance for multiple wins across all active lines.
  • Thai Flower – this Thailand-themed slot comes with a 5-reel grid and 10 paylines; it features three Lotus Flowers awards and 12 free games.
  • Hot Frootastic – as it name suggests, this a classic fruit slot that offers great potential for wins of up to 5,000 times the line bet.

News about the conversion of four RTG retail classics emerged shortly after Blueprint adapted retail hits Eye of Horus and Fishin’ Frenzy for the online gaming environment. Including the latest conversions, Blueprint’s online casino content library now includes more than 30 titles that have been optimized for the iGaming market.

RELATED: Bask in the Greatness of Ancient Civilizations with Blueprint’s New Wonder of Ages Slot

Converted Retail Titles Prove Particularly Popular

Commenting on today’s news, Blueprint Gaming Director of Marketing and Relationships Jo Purvis said that the range of Realtime Gaming retail slots they have transformed for the online casino space “have proved really popular with players” and that they are excited to bring the four new games to the market.

Ms. Purvis also praised the Blueprint development team for once again doing great job in converting retail classics to “work seamlessly on our RGS and in stunning HTML5 format.”

Blueprint is part of German gambling group Gauselmann. As mentioned above, the studio is based in the UK and specializes in the development of content for the gambling industry. Its games are available across desktop and mobile and can also be played on more than 100,000 land-based gaming terminals across the UK, Germany, and Italy.

In separate news from the past few days, Blueprint announced that it has joined the list of providers delivering content to NetBet. Blueprint titles are now live into all .com domains of NetBet Casino. The integration was carried out via iSoftBet’s iGaming platform.

The integration includes popular Blueprint titles such as Genie Jackpot Megaways and Goonies as well as recent branded Megaways release Rick and Morty Megaways.

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Author: Terry Davis holds a degree in Psychology, but it was after his graduation that he found his real passion – writing. Previously, he worked for a local news magazine.

Red Rake to Add Casino Games to United Remote Aggregator

Spain- and Malta-based online casino developer Red Rake Gaming has recently announced a new strategic agreement that would provide it with new distribution channels to deliver its content through.

The developer has teamed up with United Remote in a deal that would see Red Rake integrate its content onto its new partner’s platform.

The partnership covers the integration of more than 40 games from Red Rake’s ever-growing portfolio, including the gaming studio’s latest releases as well as the recently launched progressive tournament tool.

Games to be added to United Remote’s aggregator include hit Red Rake title Gustav Minebuster – a cluster slot offering players the chance to win up to 20,000x, Mother of Horus – one of the studio’s fastest growing games with its fixed jackpot and free spins mode, and Million7 – a 10×6 slot with one million win ways, and last but not least, Secrets of the Temple – the latest addition to Red Rake’s portfolio.

United Remote, an iGaming content aggregator, has gone through a period of restructuring since industry veteran Jeremy Fall took its reins. The company has also grown significantly with its new CEO and has gained a number of new top-tier clients, including some of the industry’s biggest names.

A Packed 2020 Roadma

Since its inception, Red Rake has remained focused on delivering innovative and engaging titles to its partners. The company says that this year will not be different as it has a packed roadmap ahead.

The online gaming supplier has also been busy signing strategic agreements with fellow B2B companies as well as with B2C providers of online gambling services. Most recently Red Rake has agreed to launch its content with Malta-licensed online casino brand CasinoSecret.

Aside from growing its library of online casino games, the supplier has also recently delivered an innovative progressive tournament tool. The new promotional product has already gained positive reactions across Red Rake’s network of clients.

Of their partnership with United Remote, Nick Barr, Managing Director at Red Rake Malta, said that this is a great alliance due to “the synergies between the companies” and that it would allow them to increase their foothold in already very strong markets for their content.

Mr. Barr went on to say that they are looking forward to working with United Remote and that they are confident in the mutual benefits the two companies would reap thanks to this collaboration.

United Remote CEO Jeremy Fall commented that through this partnership they will be able to ramp up Red Rake’s content to the operators on United Remote’s aggregation platform and that these operators and their players will gain access to “all sorts of innovative Red Rake Gaming content including a raft of thrilling slots.”

Mr. Fall also pointed out that the recently signed partnership is a step forward for both his company and Red Rake and that they are particularly looking forward to make the supplier’s specialist Hispanic titles available for operators pushing into Latin America.”

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El Paso County breaks up three illegal marijuana grows

Three illegal marijuana growing operations were uncovered and raided in El Paso County on Wednesday, with more than 700 plants, worth an estimated $700,000, seized.

Investigators also seized $28,000 and five firearms while serving search warrants at three locations, according to a sheriff’s office news release.

El Paso sheriffIllegal marijuana raids in El Paso County.

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Macau’s revenue drops in April

Data shows that gross gaming revenue (GGR) for Macau casinos fell by 96.8% compared to April last year. The revenue is also 85.7% less than March’s. The data from the Gaming Inspection and Coordination Bureau showed April’s GGR was MOP754 million ($94.4 million).

Since the start of 2020, Macau’s GGR fell by 68.7% compared to year-on-year data from 2019. The four months earned Macau MOP31.24 billion, while the revenue for the same period last year was MOP99.74 billion.

Experts agree that such a drop was caused by travel restrictions and country lockdowns. Reportedly, Macau received several hundred visitors a day in April 2020, while the same time in 2019 saw close to 100,000 visitors.

 Credit Suisse equity analyst Kenneth Fong said the Individual Visit Scheme could help Macau’s situation. “We estimate the pent-up demand will help the VIP business to recover to 50% once borders reopen and likely reach 100% of the pre-virus level in summer time,” he said. However, mass GGR would likely only recover by the end of the year.

In the meantime, MGM Resorts remains optimistic that summer will see the return to profits with more relaxed travel regulations. Bill Hornbuckle, MGM Resorts International’s acting chief executive, is confident the company will recover once the COVID-19 restrictions are no longer an obstacle. It’s estimated MGM China venues cost $1.5 million a day to run, which is more than the properties currently earn.

While the casinos in Macau are open, the lack of visitors will likely continue to put a strain on the venues.

Pandemic has become “a real leveller” between fans and players

Kevin Dale, CEO, Faraway Sports, says the current coronavirus pandemic has brought sports fans and athletes closer together.

It’s a concept which has helped FSB’s Remote Darts League (RDL) succeed, according to Dale, who helped the supplier with the project.

Speaking at the SBC Digital Summit alongside FSB CEO Dave McDowell and CTO Sam Lawrence, Dale said: “The pandemic is a real leveller, particularly between fans and players.

“Fans for the first time can see into players’ homes, so it brings everybody closer.

“We’re all in the same boat and we were able to capitalise on that with some fan competitions at the end, with the winner being able to play against a pro on finals night from their own home.

“Players, organisers and fans are that much closer together now.”

Moving forward, Dale and FSB have plans to expand the tournament while the current lockdown shows no signs of abating.

He added: “We’re moving now to Remote Darts League Two, with 16 players and some top lady players too.

“And we’re going worldwide this time, too. Logistically and technically, that will be slightly more problematic!”

England footballer Kieran Trippier charged by FA for betting breaches

Kieran Trippier has been charged with misconduct by the Football Association (FA) due to betting breaches.

The charges relate to the period of July 2019 and the England footballer has until 18 May to provide a response.

The former Tottenham Hotspur defender, who now plays for Atletico Madrid in Spain, is said to have broken two of the FA’s rules.

The first rule involves a footballer not being allowed to bet, or directly or indirectly enable a person to bet on a football event.

The second rule involves passing on information to aid another person betting on football.

In March, former England international Daniel Sturridge was suspended from all football-related activity for four months, after being found guilty of breaking the FA’s betting rules.

Gambling Commission appoints four senior commissioners

The Gambling Commission has announced the appointment of four commissioners to start effective immediately.

Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey will take up their positions on the Gambling Commission’s Board of Commissioners, after being appointed by the Secretary of State for Digital, Culture, Media and Sport, Oliver Dowden.

Each will be in the role for five years from 30 April 2020.

Babbs joins alongside his roles as the senior independent director at the General Dental Council, vice char of the Investment Committee of Oxfam’s Enterprise Development Programme, and non-executive director of HMRC’s Valuation Office Agency.

Bannister, a former PwC UK Director of Public Affairs, is also currently the executive director for strategic insight and influence at the England and Wales Law Society.

Executive director of strategy and risk at The Pensions Regulator, Jo Hill has also held senior roles in the banking and insurance sectors. Government adviser on children’s social care, Narey has previously been director general of the England and Wales Prison Service.

Gambling Commission Chairman, Bill Moyes said: “Their collective experience will help us as we look to implement further protections for consumers and strongly regulate what is a fast-moving and innovative industry.

“I’d like to welcome them to the Commission and look forward to working closely with them.”

Learn About the Bitcoin Market

Bitcoin is the digital currency used to purchase a wide variety of goods and services worldwide. It works just like paper money, but there are important differences between the two. Bitcoin also exists in physical form but is available in a digital way. This is the main form of online trading in portfolio software or other online services. Bitcoins can be obtained by mining or exchanging different types of money or even certain goods and services.

Bitcoin market

The Bitcoin market is the market in which Bitcoins are traded. If you have bitcoins, you can use them to purchase almost anything for which this currency is accepted. There are some types of transactions for which bitcoins are the only generally accepted payment method. To buy this specific asset, bitcoins must complete the transaction.

When you enter the Bitcoin market, you must first learn how to buy Bitcoin. The first way is to buy them. In this way, it takes little effort. The second way is to take advantage of this. It is used on software that performs certain mathematical equations for which the dealer is rewarded with bitcoin. It takes time, and many retailers claim that it contains a small portion of fruit.

Bitcoin purchase process

To be part of the Bitcoin market, wallet software is required. You can also get online service. Online wallet services are available in all major countries, so you can easily set up your wallet account.

In order to buy, you need to link your wallet to your bank account. Depending on the portfolio service, it may take several days.

Once your bank account is linked, a purchase of a Bitcoin link will be displayed in the software window. It will be easy. Once the transaction is complete, the bitcoins are transferred to your wallet.

The Bitcoin market operates according to the same strategies as all other types of trading markets. If the price of bitcoins is low, this is a signal to buy them. If the price goes up, you can sell them profitably.

Mining can be difficult, but all operators have yet to try it from time to time. It’s a little slow, so you have to be patient. You need Bitcoin mining software. There are even mining pools. Simply decode a block with the joint effort of a mining group. You will then receive bitcoins based on your contribution.

Note that the bitcoin value increases and decreases in seconds. If you don’t make the right choice at the right time, you can lose a significant part of your investment. The good thing is that you can make a lot of profit from this form of trading if you understand the basics perfectly.