Crypto Markets Hit 6 Week High at $400 Billion 117

The bullish momentum has continued throughout the day and total market capacity has topped $400 billion as we start another week in crypto land. This marks the first time that markets have been back over this level since March 8, over six weeks ago.

The Crypto Rally Continues

Six weeks is a long time in crypto land, a lot of things have happened since early March and we have had the lowest dip of the year on April 1 at $244 billion. This is a loss of around 70% from the all-time high in early January of approximately $830 billion. Markets were last trading at such low levels around November 22, 2017 but the difference then was that they were largely bullish and on the way up.

This rally since that low has increased total market capitalization by $156 billion, or just below 64%. This has occurred in just three weeks, quashing all the mainstream media FUD about the bubble bursting. A couple of hours ago Coinmarketcap posted a level of $400.56 billion and at the time of writing markets are hovering just below it but still looking bullish.

Momentum has been driven as usual by a Bitcoin recovery which has seen the king of crypto recover 35% from a low of $6,600 at the beginning of April. Bitcoin dominance is currently a touch under 38% which is a decline from its 2018 high of just below 46%.

Altcoins have also rebounded largely, some performing better than others. At a glance those posting the best gains over the past week and driving the recovery include Bitcoin Cash which is up over 80% and Bitcoin Private which has surged into the top 25 making 127% gains on the week. The gains have been shared with many of the altcoins and others performing exceptionally well with over 30% increases in the past seven days according to Livecoinwatch include Ripple, EOS, Stellar Lumens, Iota, Monero, Icon, and Bitcoin Gold.

Total trade volume over the past 24 hours stands at $22.9 billion which is 43% higher than the $16 billion traded per day this time last week. The next critical level for all crypto markets is around $500 billion which is the level reached on the previous rally following February 6th dip to just below $280 billion. At the moment the bulls are back in charge of the crypto train.

 

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Big Plays in the Online Gambling Space 3678

Before COVID-19 transformed the world, many sectors were already moving toward digital adoption and adaption; the global pandemic has hastened that transition in many ways. The world revolves around smartphones, laptops, computer and digital devices as almost anything can be done online—from seeing a doctor to attending school. Even as hope for the pandemic ending surges, the trend to live life online is likely here to stay. The founders of Lottery.com (Profile), which recently entered a definitive merger agreement with Trident Acquisitions Corp. (NASDAQ: TDAC) to become a publicly listed company, recognized the shifting trend years ago and were pioneers in addressing the untapped online global lottery market. The company has found a way to combine blockchain with other cutting-edge technology to provide at-home lottery participation, with the end goal of being a leader in the huge lottery and sports betting markets. Now the company is timing its entrance into another hot public market: investor appetite for special purpose acquisition companies, or SPACs. The gambling space could see unprecedented growth as the pandemic eases and the economy recovers. Some of the big players in the space have online options and are looking to benefit from all things digital. Boyd Gaming Corporation (NYSE: BYD) offers B Connected Online, a robust, attractive online player community. Caesars Entertainment Inc. (NASDAQ: CZR) has Caesars Casino & Sportsbook where users can participate in world-class casino games and wager on sports. Wynn Resorts Limited’s (NASDAQ: WYNN) WynnBET is a premier casino and sports betting app that was just awarded an online sports betting permit in Virginia, and Las Vegas Sands Corp. (NASDAQ: LVS) is reportedly eyeing online betting opportunities.

  • Valued at $398 billion, the global lottery market tops out at more than the SaaS, video games and film industries combined.
  • Lottery.com has announced a definitive agreement to become a public company through a business combination with Special Purpose Acquisition Corporation (SPAC) Trident Acquisitions Corp.
  • The company has created a suite of high-margin lottery products, with operations in 12 U.S. states and plans for expansion.  
  • Future gross revenue forecasts estimate $71 million in 2021, $279 million in 2022 and $571 million in 2023.

Mind-Boggling Numbers

Multibillion-dollar markets are compelling opportunities, and that is certainly true of the $138 billion global video games or $158 billion Software-as-a-Service (SaaS) sectors. However, even more attractive is the $398 billion global lottery market — larger than the global video games and SaaS markets combined. Even more mind boggling are the projections that the global lottery market will reach $625 billion by 2025.

Despite the numbers, the opportunity is often unrecognized as long-held patterns of buying lottery tickets at a retail point of sale may seem hard to change. With less than 3% of global lottery sales made online, the challenge is evident, but the potential is vast: that’s only an estimated $12 billion market penetration into a nearly $400 billion industry. With an increase in online activity seemingly inevitable, the possibilities of growth and return seem appear significant.

Behold the pre-ICO Sale of Bitsfine with its BFN Token – a Futuristic Token Offering Multitude Benefits 3912

The acceptance of blockchain technology is on rage. Harassing the power of blockchain technology and cryptocurrency – Bitsfine has added an entirely new dimension to the utility of cryptocurrencies. It is a detailed ecosystem offering crypto utility services.

Even though all the leading banks and financial institutions worldwide have already been interested in blockchain technology and cryptocurrencies, hardly there is any way to spend it. Crypto holders have to convert the cryptocurrencies into fiat currencies to use for real-world transactions. That’s what inspired Bitsfine to develop a platform where crypto holders can use cryptocurrencies for their real-world usage with ease.

The best news is that it has its own coin, called BFN. Why so? The BFN is the foundation of the Bitsfine entire concept. It allows its users to directly purchase any service, with minimal transaction cost, at lightning speed, with utmost security, and by maintaining transparency.

You can use the standard go-to token- Bitsfine token (BFNT) and all other cryptos like BTC, ETH, etc., the way you want, without converting them into fiat.

The platform’s core offerings are; a utility token, banking services, debit card, and DeFi services. The Bitsfine company will offer utility and banking services, whereas major gaming and social trading platforms will accept the BFN tokens. At the social trading platform, anyone can trade and invest without in-depth knowledge of trading because you can avail the service of professional traders who will trade for you and share the profit.

The platform has a massive variety of gift cards and vouchers. Cryptocurrencies can be transferred into Bitsfine prepaid debit cards and transacted at ease through ATMs. In this decentralized world, we want everything at our fingertips. Therefore, Bitsfine App is here, which works for both android and iOs users.

Bitsfine ICO is Live now– 1st April 2021. Behold this futuristic movement, and participate at the earliest! Here are the details of both offers-

1. The total supply of coins is 1000 crores.

2. For the first 5% tokens, a user will get a 100% bonus if they buy 10 lakh tokens or above in a single transaction.

3. A user who buys 40,000 tokens or above in a single transaction will get a bonus of 25% for the first 10% tokens.

Popular cryptocurrencies like Bitcoin, Ethereum, and Ripple can be used to buy BFN tokens seamlessly.

To participate in the ICO, visit its official website https://ico.bitsfine.io/register.

The Biggest Video NFT Drop Event in Asia Ended With 103.5 ETH on Define Art 3428

DeFine Art has completed the biggest video NFT drop event in Asia with Bart Baker, the No. 1 American social media influencer in China. It is another milestone for NFTs in Asia after Korea’s first NFT art auction from Mari Kim. Bart Baker’s video NFT drop lasted 24 hours from 3 p.m. March 29 to 3 p.m. March 30 KST. The auction closed with a total auction sale of 103.5 ETH (~$190,000) in a successful effort from a top social media influencer in the Asia NFT market.

One of the eight NFTs called The Bart Baker Experience sold for 80ETH. The winner of that NFT would, for the first time in history, make a video with Bart, which would be distributed on his social media channels and minted into an NFT. The seven other NFTs were Bart’s most popular videos, including Journey to the West, Song to a Hero, and more.

Bart Baker is the No. 1 American influencer in China with over 40 million followers worldwide and over 25 million followers in China across Douyin, Kuaishou, and Weibo. In the United States, Bart also has over 16 million followers, with 10 million on his YouTube alone.

DeFine Art is the premier decentralized NFT Platform that supports Asia’s broader NFT ecosystem. The platform facilitates the fusion of real-world assets and blockchain technology in many aspects, with digital art, music & videos, gaming, collectibles, and decentralized financial assets being tokenized into digital assets. It is the gateway for top artists, musicians, influencers, and creative talent across Asia to enter into the NFT world. Additionally, it functions as a decentralized NFT marketplace with features including auctions, Initial NFT Offerings (INO), on-chain exhibition, and DeFi modules that enable NFT assets’ tokenization into more liquid financial assets.

This drop has attracted extensive social media attention from the DeFine Art community, especially from the Korean market. It has become the first effort of top social media KOLs like Bart Baker to tokenize videos and successfully pushed NFT in the Asian crypto market.

Sino-Global to Acquire Majority of Blockchain Infrastructure Developer in $5 Million Stock Transaction 4185

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global,” the “Company” or “We”) today announced it has agreed to acquire a 60% ownership of blockchain infrastructure developer Super Node LLC in an all stock transaction valued at $5 million. The transaction is subject to the satisfaction of warranties and representations under the purchase agreement.

Based in Wilmington, Delaware, Super Node LLC is a privately held, blockchain infrastructure software developer and service provider. It operates multiple CyberMiles nodes and develops decentralized applications on the CyberMiles network, a powerful, high-performance CyberMiles public chain.

Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, “The addition of Super Node further strengthens our capabilities and accelerates the buildout of our business as we pursue major opportunities in the rapidly growing cryptocurrency market and digital economy.  We are particularly excited to be partnering with Super Node’s proven team of developers, which will open additional opportunities to us in NFTs (non-fungible tokens), which have rapidly surged in popularity, market value, and breadth of digital products created.”

About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the fast growing cryptocurrency and NFT (non-fungible tokens) markets, while continuing to support and grow its core shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, AustraliaCanada and Hong Kong. Additional information about Sino-Global can be found on the Company’s corporate website at www.sino-global.net.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO’s operations, the demand for SINO’s products and services, global supply chains and economic activity in general.

CryptoUniverse: We get profit when you get profit 4070

CryptoUniverse

We could not wait to present you the first part of the huge transformation. CryptoUniverse is always trying to reach the highest level of transparency, so you can feel every hash/second is running near you, but without any noise, heat or space taken from your home.

Let’s start the introduction from the main one. Meet the new balance management system. Collected experience and vision allowed us to make the step forward. From now, every account will have its own balances for different purposes in our ecosystem that you can easily manage as you want from the new page called “Balances”. This unique feature comes with a reworked electricity payment system. We made it as similar to your usual life routine as possible. All assets are still pre-paid, but you can fully control it within the new balance designed for electricity that is simply called “Electricity account”. There you will find not only the amount required to pay, but also real numbers of electricity in kilowatts consumed by any of your assets.

CryptoUniverse wants you to have access to as many instruments as possible.That is why we added the opportunity to make flexible and fixed savings not only in BTC, but in LTC too.  It grew by 500% in the last 6 months, so we all see again what results diversification can give. Beneficial and safe storage of your assets is one of our priorities.

New miners and contracts push your frontiers too. From now, the fee of our service is calculated in percents and is related to your mining income. It shows that we are interested in making mining as profitable for you as possible.

New instruments complicate user experience for some of us, so we thought it would be great to outweigh it by a significantly improved dashboard. Recent update includes a reworked “Dashboard” page and a new “Assets” page that can be used for managing and monitoring your assets in several clicks. There are dozens of other minor improvements, but we offer the intrigue to find it by yourself.

Our team worked a lot to make these changes possible, so we are pleased to hear any feedback on your experience with dashboard in social media or in support. To make your acquaintance more intense, use promo code GETPROFIT21. It provides you with a discount on our recent miners and contracts.

This is just the beginning, so keep an eye on it. Thank you for being with us.

About CryptoUniverse

CryptoUniverse.io is a multifunctional service created on 14 February, 2017. It gives users an opportunity to purchase or rent calculating power and equipment on its infrastructure. Company is based in Europe with headquarters in the United Kingdom and Estonia that guarantees operation within the European Union law and safety of users’ assets.

In Russia the company and its technical partners operate several clusters of modern data centers with an overall area of 38 000 square meters and more than 120 MW of overall power. It makes the services of CryptoUniverse.io high-quality and uninterrupted.

Main idea of the project is a simple and available opportunity to enter cryptocurrency mining by purchasing or renting calculating power. The service is also interesting for experienced miners because well-established logistics gives them an access to top-notch equipment that is already installed, tuned and ready to function in data centers of the company. Transparent operation and flexible offers to make clients experience comfortable are the main values of CryptoUniverse.

CryptoUniverse team is full of highly qualified professionals who polished all the processes, made service easy and convenient. 24/7 support extends boundaries for users who are not familiar with blockchain technology.    

CryptoUniverse. You buy, we pay.

Nifty’s Announces 1st NFT-Focused Social Media Platform For Creators, Collectors And Curators With Backing Of Major Investors 4823

Nifty’s, Inc. today announced the close of a pre-seed round supporting the rapid development of the first NFT-focused social media platform that brings together premium publishers, brands and creators with collectors, curators and fans. The innovative platform will allow members to create, collect, discover, and curate the most important digital art and other collectables from across the scattered NFT universe. Nifty’s is led by co-founder and CEO Jeff Marsilio, former SVP of new media at the NBA, where he led the league’s digital licensing business and was instrumental in numerous landmark fan engagement experiences, including the league’s social media partnerships, virtual reality game broadcasts and the NFT phenomenon NBA Top Shot.

“Our vision for Nifty’s is to enable anyone with a passion for digital collectibles to be a part of a vibrant community and engage in an exciting new art scene filled with galleries and personal interactions that are unconstrained by the limitations of physical location,” said Jeff Marsilio, CEO and co-founder of Nifty’s. “We are proud to have several of the most influential investors in technology share our vision.”

Nifty’s has secured financial backing in a pre-seed round from high-profile technology and blockchain investors including Dallas Mavericks owner Mark Cuban, Joseph Lubin, founder and CEO of ConsenSys and co-founder of Ethereum, and the secretive DeFi investor and NFT “whale” known solely as 0xb1. Institutional investors participating in the round are Draper Dragon, Polychain, Tally Capital, Liberty City Ventures, and Future Positive which is led by Biz Stone, co-founder of Twitter and Medium, and Fred Blackford, co-founder of Swing Technologies.

“Nifty’s provides exactly what the digital collectibles space needs next as it evolves into much more than a creative marketplace – namely community and social engagement,” said Mark Cuban, serial entrepreneur and owner of the Dallas Mavericks. “As an NBA team owner I saw how Jeff leveraged technology to dramatically increase fan engagement on a global basis, and am thrilled to be involved in building this community at the center of the NFT ecosystem.”

The capital infusion has permitted the company to acquire the technology stack of DeFi and NFT viral hit MEME Protocol. MEME co-founders Jordan Lyall, Chris Your, and Eric Tesenair will join Nifty’s as co-founders. Mr. Lyall, serving as CPO, was previously DeFi product lead at ConsenSys, and Messrs. Your and Tesenair, formerly lead developers at Dragonchain, will become VP of design and VP of engineering respectively. The trio join two more co-founders, COO Jeremy Drane who was CCO at Lukka and was previously a founding member of PwC’s blockchain practice, and CGO John Scianna, the former head of growth at QTUM. The team has also made its first hire, Shanon Kelley as VP of partnerships. Ms. Kelley was formerly CRO of NTWRK and head of experiential at VICE Media, where she was also the founder and publisher of Broadly.

The Nifty’s platform, which will officially launch later this spring, will eliminate technological and economic barriers to enable anyone to access, share and enjoy digital collectibles while connecting directly with creators and other community members. The platform will establish a central home for the collectible content of publishers, brands, creators, and collectors, and the communities that will emerge around them. Leveraging MEME Protocol’s technology, Nifty’s will provide creators with a premium, powerful, flexible and safe platform to launch their NFTs.

“We are excited to utilize the robust technology that has made MEME Protocol such a success – with advanced NFT creators and enthusiasts – to offer the new Nifty’s community sophisticated content and experiences that simultaneously make the space more accessible and inclusive,” said Jordan Lyall, CPO and co-founder of Nifty’s. “It is important to Chris, Eric and me that our MEME community knows we will remain involved, and that what we have built together will continue to be their space for innovation and fun.”