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Step into the World of Online Gambling with CasinoCoin (CSC)

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CasinoCoin
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CasinoCoin, which was launched as a Litecoin fork, has come a long way from its initial ICO days. Operational from 2013, this rising altcoin is set to revolutionize the gaming industry.  As a peer-to-peer gambling blockchain, it strives to regulate the gambling industry for a rewarding gaming experience. This promising cryptocurrency, which is available to traders at $0.000834 at the time of writing, ranks among the best-performing currencies of 2018.

CasinoCoin (CSC): A Gambling Blockchain for Gaming Enthusiasts

CasinoCoin, the open source blockchain, offers its users peer-to-peer currencies for a one-of-its-kind gaming experience. As a fork of Litecoin, this digital coin provides its users with a digital wallet, a translucent blockchain, and top-notch security services. Although issued back in 2013, it was invisible for most of the time and was taken over by a new development team in 2017. However, it has witnessed a steady rise in popularity in the recent time. Equipped with new updates and striking features like KYC/AML, it offers a more secure mode of gambling for game lovers.

Key Features of CasinoCoin (CSC)

As a non-profit entity, CasinoCoin (CSC) was launched with the vision of a number of important goals. Apart from educating the regulated gaming industry on the advantages of blockchain technology, it was designed as an exclusive currency for online gaming. CasinoCoin (CSC), which owes its origin to “Black Friday”, one of the most notorious projects in the crypto-sphere, was developed to solve the gap created by the infamous cryptocurrency. In its bid to offer a regulated gaming experience, it has updated itself with a number of interesting features. Some of its notable features are discussed in the following segment:

  • Updated Algorithm: The new developers, who have joined this crypto project back in mid-2017, have updated the algorithm of the blockchain for a more regulated gambling experience.
  • Lightning Fast Transaction Speed: As per the reports, the updated CSC features offer a lightning fast transaction speed. With a transaction speed of 3-5 seconds, CSC features among the fastest currencies in the industry.
  • Lower Fees: Trading at $0.000834 at the time of writing, CSC offers an affordable gambling experience to its users.
  • Coin Swap: All unclaimed and disused currencies can be used as a fund.

CasinoCoin’s (CSC) Market Response

With a market capitalization of $30,014,899 as of April 10, 2018, CasinoCoin is listed in cfinex and BitFlip, two of the most renowned crypto exchanges, has evolved to become the preferred digital currency for online gambling.  As per the recent records, the cryptocurrency has moved -12.67% over the last 7 days. CSC, which has reached $0.0008, hasn’t been in the spotlight for the greater part of 2017. However, after the joining of the new developers in the team, it has witnessed a steep rise in popularity.  Apart from the improved features, CasinoCoin comes with all the advantages of a standard blockchain, such as high transparency, advanced security, and faster transactions.

Final Thoughts

Ever since the introduction of the blockchain technology, it has created a lot of noise in the market. With more than 800 currencies on offer, the cryptocurrency market is rapidly growing to become one of the largest financial ecosystems. The peer-to-peer blockchain technology, which allows processing of transactions without a third-party involvement, has been successfully deployed for a number of applications. When it comes to gaming applications, CasinoCoin is not the first one to integrate blockchain technology into the gaming industry.

Today, a number of big names of the gaming world are associated with the open source blockchain ledger, and CasinoCoin is recognized among them. This rising altcoin, which ranks #221 at the time of writing, has traversed a long way from its ICO days. Considering the impressive performance in the present market, its potentials cannot be entirely dismissed. As a formidable contender to the crypto giants, CasinoCoin can be accounted as a game changer in the crypto-space.

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

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Nick Ares via Flickr

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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