Category: Cryptocurrency News

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Many people associate earnings in betting with something fickle because, in this industry, the players are entirely dependent on the decision of the broker whether to pay them or not. The Dexsport project sees its mission in correcting this situation. Dexsport is a blockchain-based project that makes the entire game process transparent, with earnings being paid automatically using smart contracts. Less than a month ago, Dexsport launched its native DESU token on the mainnet. This step contributed to the rapid development of the project: its liquidity pool has grown fivefold, and the number of players has increased to 2.5 thousand. However, given the project’s uniqueness, this is only the beginning, and soon we will surely see the considerable growth of the Dexsport platform. Dexsport: Make Money in Betting on Completely New Conditions Dexsport is, without exaggeration, the future of betting. In the form in which the industry exists today, it can’t develop anymore. The fact is that when players appreciate the simplicity and transparency of playing on the blockchain, they are unlikely to want to return to traditional platforms that will have to implement blockchain functionality one day. Dexsport has already done this, and so far, there are no platforms like this on the market. Dexsport is a platform from the web3 world where users play with a shared liquidity pool and receive their winnings via the blockchain. The platform itself is organized on the principles of DAO. That is, voting by its participants controls it. Introducing technologies such as DeFi, NFT, and the Play-to-earn game model provides unique opportunities for bettors. Most importantly, the decentralized protocol makes the services of intermediaries redundant, and the players themselves become the owners of the game. “We created Dexsport because we are in love with the game. Initially, it was a kind of project for ourselves, which grew into something much bigger,” says Nikita Vassev, head of Dexsport strategy. “Bookmakers are impersonal. We are completely focused on contact with users. In Dexsport, they fully see everything that this business consists of, and in our system, there are no unnecessary elements and no intermediaries who take your fair winnings for themselves. On Dexsport, you see all transactions, and if you win, you get 100% of your fair winnings.” All payments on the platform are ensured by the liquidity pool with near-instant settlements. All the necessary information uncovering the Token Utility is available on the official website dexsport.io in the Tokenomics section. Please, forward your questions directly to Dexsport official Telegram group or email team@dexsport.io      

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Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption.

The unmoved supply of bitcoin continues to grow despite declining prices. This has various implications for the digital asset, with the major one being the volume of available supply in the open market. For most bull rallies in the past, this unmoved supply had remained low, declining at points where investors dumped their bags to avoid the crash. But this illiquid supply is once again on the rise. 60% Of Bitcoin In Unmoved Supply Bitcoin has maintained its position as the leading crypto investment. This is why owning the cryptocurrency is one of the most coveted positions in the space. However, instead of buying these digital assets and selling them for a profit at a later date, holders of the majority of the supply have opted to hold onto their coins, leading to the large portion of supply being unmoved for a long time. Related Reading | What’s Intel CEO Pat Gelsinger Saying While Promoting The Bitcoin Mining Chip? These bitcoins have not been transferred in at least one year and have remained untouched in that timeframe. On-chain data shows that these investors are picking holding for the long-term rather than short-term gains. As far as investing, these investors have either continued to increase their balances or at the very least, maintained their holdings. This long-term holding sentiment has led to over 60% of all BTC supply remaining in place for the past year. BTC reverses above $39,000 | Source: BTCUSD on TradingView.com For a more accurate figure, Glassnode reports that 60.61% of all bitcoin is yet to be moved in more than a year as of February 18, which was last week. These holdings have remained in place or ‘idle’ in this time frame, showing that the investors do not plan on moving their holdings in the short term. Mostly, larger investors known as whales are behind the majority of the unmoved supply, upping their investments as time goes on. But Why Is BTC Declining? Despite more than 60% of supply remaining unmoved, the price of bitcoin has taken hit after hit. Usually, hold sentiment among investors would point towards bullish sentiment and this would trigger an increase in value, but not this time. As sentiment has declined across the space, so has the desire to accumulate coins declined among investors, evident in mostly small-time holders who are said to be behind the recent decline. Related Reading | Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter Indicators also show that investors are less likely to purchase the digital asset for prices they have over the past few months. Bitcoin is now trading lower than its average for the past year, and its decline below the 50-day simple moving average (SMA) spells more downtrends in the near future. Nevertheless, some investors remain undeterred and have taken this as a chance to add to their crypto bags. This accumulation trend is however too weak to have any impact and bitcoin continues to suffer dips as it comes out of the weekend. Featured image from PCMag, chart from TradingView.com

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This question came up to me right now. Lets say Binance has 100 BTC in their possession and they're "selling" the BTC to their customers, or they're holding for them. Is it possible that they are allocating 1 BTC for two different people that have 1 BTC each? Is that possible? Can they be somewhat…
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This is really aimed specifically at the BTC maxis, but holds true for pretty much every project out there. Decentralization was the point, right? Well, it didn't work. Using BTC as the example: the proof of work concept points it towards a decentralized concept – but in actual practice, it's not. ​ Pool Distribution FOUR…
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