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Here Are Today’s ICO Movers: Plutus (PLU) and Blockpay (BLOCKPAY)

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It’s been a busy week in the cryptocoin space and – as we’re about to reach the end of it – things don’t look like they’re set to slow down just because it’s the weekend. We’ve seen numerous tokens hit fresh highs and fall to fresh lows and – underlying it all – we’ve seen bitcoin reach, then fall from, $11,000 a coin.

With this in mind, let’s take a look at which tokens moved the most over the last twenty-four hours, one up and one down, in an attempt to try and figure out what’s driving the action in each and what comes next.

So, the two tokens in our crosshairs for the session today are Plutus (PLU) and Blockpay (BLOCKPAY).

First up, then, PLU.

This one has the pleasure of being our top mover on the list today. The token, PLU, is up more than 60% over the last twenty-four hours and this rises to 84% and 119% when you expand the timeframe out to seven days and 30 days respectively.

For anyone new to Plutus, the company is a payment platform type system that is set up to allow people to pay for goods and services with a cryptocurrency quickly and easily. The system is currently set up to facilitate payment in bitcoin, Ethereum or – and this one’s the token that’s in focus here – Pluton, or PLU.

Additionally, when users use the application (it’s a mobile platform, primarily) to pay for things in any of the accepted cryptos, they receive a number of PLU in return on a sort of reward based system.

So what’s causing the run?

The platform is in beta right now and access to the said version was opened on November 13. Since this date, the company has already pulled in more than 1,000 users and this rapid uptake (rapid, that is, for a beta) is driving expectations that it could take off once the public commercial version hits the shelves.

And what’s next?
We expect this one to continue to strengthen as the beta matures towards commercialization – so long as the company doesn’t experience any major issues along the way. Keep in mind that, against the backdrop of strength, we could see the odd correction here and there as shorter-term operators jump off the train and pull profits off the table.

Next up, Blockpay.

This one’s not been so fortunate.

During the last twenty-four hours alone, Blockpay has returned a negative 75% ROI and this trend continues when you go back one week (75%, again) and 30 days (30%). From its ICO price of $0.12, Blockpay currently goes for $0.057 – a more than 52% depreciation.

So what’s happening?

This one is a very similar setup to that of Plutus, outlined above. It’s a platform that allows businesses to accept (and, in turn, people to pay in) bitcoin, Ethereum, Dash and a few more. It’s a little more established than Plutus and it’s made a fairly decent name for itself but – since IPO – it’s been plagued with issues and the early traction that the company gained has suffered something of a setback of late.

From a what to look for going forward perspective, it’s really tough to see this coin picking up any substantial strength over the coming few days. We might see a short-term bounce but it’s unlikely to offer up any real degree of reward and – as is always the case in the more traditional financial markets – it’s going to be tough to figure out exactly when any such bounce arrives.

This isn’t to say we’re writing Blockpay off longer term but, as a near-term coin play, there are some far more rewarding assets available right now.

We will be updating our subscribers as soon as we know more. For the latest updates on PLU and BLOCKPAY, sign up below!

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Bitcoin

New Tendencies of Bitcoin Gambling

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Gambling has always been an integral part of human nature. Nothing is sweeter than the money you win, and that’s why wagering games have always captivated people throughout history. Last couple of decades saw the gamblers switch increasingly towards virtual gaming, instead of physically being inside a casino. The popularization of online casinos led to the integration of Bitcoin Gambling into the systems and today a very large share of the casino industry is based on the virtual currency.

Reasons behind the transition

The tendency to switch from classic casino environment was dictated by the fact of mobility and accessibility. But the new age has brought us cryptocurrencies like Bitcoin that revolutionized the gambling business. From now on, the gamblers of the world don’t have to rely on traditional banking transactions to be able to enjoy themselves online. A simple crypto-wallet and ownership of virtual currency is enough to engage in Bitcoin Gambling.

Bitcoin Gambling and Blockchain Technology

The big reason for the heavy shift towards Bitcoin Gambling is the fact that Bitcoin and other cryptocurrencies are based on the blockchain technology. This means that the process is decentralized, resulting in a much faster speed of transactions, when it comes to depositing or withdrawal of funds in or from the casino accounts. It also makes gambling incredibly secure,…

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Bitcoin

Bitcoin will return to the bear market? Bex500 senior investor teaches you how to get profit in the Bear market

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—— Don’t forget to join Bex500 bonus program at the bottom of the article.

Since September, the Bitcoin price has been decline from beyond $10000 to below the $8000, which 20% of the bitcoin value has been removed. The collapse of bitcoin price brings about the new panic in the bitcoin trading market. Many bitcoin investors are scared of the returning bear market as the early of this year. On the contrary, some of the bitcoin-believer, especially the investor who brought Bitcoin in the height of the price still thought that the bitcoin price will rebound very soon. However, it is no doubt that the early stage of the bear market has been shown up in the past month. Many crypto analysts start to predict the bottom price of this market movement.

However, as the market developed, crypto traders have detected more tools to safely pass through the bear market. They realized more ways to avoid the loss of the price decline; moreover, they began to earn profit from the bear market. The key to the tools is the bitcoin futures contracts. We are honored to make an interview with Bex500 senior investor Tom Beck and he introduces the details about bitcoin futures contracts. (Reporter=R, Tom Beck=T)

R: Hi, Tom, Thank you for accepting our interview, Could you introduce yourself?

T: Sure, My name is Tom, I have over…

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