2022-08-03 07:45:15

Gucci begins accepting ApeCoin for payments

Gucci begins accepting ApeCoin for payments as part of its Web3 plans. This is the first time a major brand has started accepting ApeCoin as a payment option. However, it is Gucci’s 12th cryptocurrency that they are accepting as payments. They also accept popular coins like Bitcoin, Ethereum, Dogecoin, SHIB, Litcoin, Wrapped BTC, USDT, USDC more.

Gucci now accepts ApeCoin

The luxury brand announced on Monday that they would be accepting Apecoin as a payment medium. It is currently available only in the US as not all countries allow for crypto to be used as a payment medium. Gucci has partnered with Bitpay to enable the payment option. They are a crypto payment processing company that has partnered with many big names to enable the crypto payment option for their businesses.

Image Source: Coincu

Gucci has become one of the few major brands that have been working with crypto quite proactively. They have launched their own NFT collection and have launched special collections for BAYC owners and fans. The company is making the most of the hype that is currently surrounding the crypto and NFT market.

Apecoin also tweeted about the same, saying that Gucci became the first major brand to enable Apecoin payments.

Reaction from Apecoin fans

Everyone is pretty stoked about this step as Apecoin is in itself a community-driven project. So, it doesn’t come as a surprise that Twitter is brimming with tweets talking about Gucci’s steps. Users have been calling out the fact that more companies are embracing the Web3 space, and it seems Gucci is ready as well.

Apecoin is doing well

After the initial hype of the project, the price of Apecoin took a hit. But there is no point in blaming as the crypto market was done as a whole. However, in the last month, as the market has gained some momentum and as Apecoin has seen some positive things happening, it has jumped by nearly 50%. It has a market cap of more than 42 billion and is currently trading above $6.5. However, Apecoin is still nearly 75% down from its ATH.

What are your thoughts as Gucci begins accepting ApeCoin for payments? And do you think this is a step in the right direction for Gucci’s web3 ventures? Let us know in the comments below. And, if you found our content informative, do like and share with your friends.

Also Read: Robinhood lays off 23% of its staff as the company fails to meet revenue goals in Q2.

2022-08-03 00:53:33

Institutional Investors Lower Bets on $ADA, Multi-Asset Products as Interest in $BTC Rises

Institutional investors have lowered their bets on investment products offering them exposure to Cardano ($ADA) and to multiple cryptocurrencies while increasing their bets on products offering exposure to the flagship cryptocurrency Bitcoin ($BTC).

According to CoinShares’ Digital Asset Fund Flows report, cryptocurrency investment products saw $81 million worth of inflows last week, leading to the fifth consecutive week of inflows, totaling $500 million for that period, equal to 1.6% of total assets under management.

July, the firm wrote, represents the “strongest set of monthly inflows so far this year totalling US$474m, almost correcting all of the June outflows which totalled US$481m.” CoinShares’ report details that the majority of inflows were from North America with the majority being from Canada, while Brazil and Sweden saw minor outflows. Germany and France saw minor inflows.

The report details that multi-asset investment products saw outflows for the second consecutive week, totaling $3.7 million. Cardano investment products saw outflows of $700,000, while their month-to-date flows for July stood at $800,000. Year-to-date, ADA investment products saw $12.6 million in inflows.

Other altcoins saw minor inflows. Solana saw $1.5 million in inflows, which brought its year-to-date inflows to $114 million, while Litcoin saw $100,000 inflows. Polkadot investment products saw $400,000 inflows, while products focusing on Ethereum saw $1.1 million in inflows.

The report added:

Despite a more bullish mood in digital assets, trading activity remains very low, with last week’s volumes totalling US$1.3bn compared to this years weekly average of US$2.4bn.

As CryptoGlobe has been reporting, several bullish predictions have been made for a number of cryptocurrencies. A popular cryptocurrency analyst has, for example, suggested that Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, could unexpectedly surge toward $5,000 as we get closer to the upcoming Merge upgrade.

Earlier this month, a panel of cryptocurrency industry experts predicted that the price of Cardano will explode to $2.93 by 2025, and to $6.53 by 2030, although experts believe that by the end of the year, the cryptocurrency will trade at just $0.63.

Image Credit

Featured image via Pixabay

2021-08-25 08:00:00

Litecoin price prediction 2021: Can the crypto reach $500?

CRYPTOCURRENCIES including Litecoin have garnered attention from investors in 2021 – but they come with plenty of risks.

You’ve probably heard of Bitcoin, but maybe not its so-called “little brother” Litecoin. We explain what you need to know.


The little brother to Bitcoin – Litecoin – is a cheaper and quicker alternativeCredit: Reuters

Whether you decide to invest in either Bitcoin or its little brother, both come with a number of risks because they are cryptocurrencies.

When it comes to buying crypto in particular – you’ll want to be cautious in the extremely volatile space. If you aren’t – you could lose a lot of money quickly.

Just ask investors who were unfortunate to buy at Litecoin’s all-time high of $412.96 in May.

Although Litcoin has seen some gains in the past couple of week, investors still find their value in the cryptocurrency down by more than half since May’s peak.

Also, be aware of fees and charges. These can cost more when compared with regulated investment products. 

Plus, there’s scant regulation for crypto firms, so you’ll likely be without protection if things go wrong.

While Litecoin seems like an enticing bet, make sure that you don’t invest in anything that you don’t understand.

What is Litecoin?

As the name indicates, the cryptocurrency is small.

But Litecoin, which was established in 2011 by Google engineer Charlie Lee, operates similarly to Bitcoin.

Mr Lee on occasions refers to Litecoin as the “silver to Bitcoin’s gold.”

The two cryptocurrencies act similarly in how their global payment operations are set up. Both are not controlled by financial institutions.

Like most cryptocurrencies, Litecoin uses blockchain technology for processing and recording transactions.

While Litecoin is smaller, it is a quicker and cheaper alternative when compared to Bitcoin.

Currently, Bitcoin commands a market capitalization that exceeds $1trillion, while Litecoin’s valuation lies just below $12billion.  

Will Litecoin hit $500? 

As stated before, Litecoin exploded to $412.96 in early – the closest it has ever gotten to the $500 mark.

Now, however, Litecoin trades at $174.90. In the past 24 hours, Litcoin has risen 3%.

While China has banned all cryptocurrency transactions, big brother Bitcoin has gained on recent favorable news coming from the U.S.

This can be attributed to Gary Gensler, chair of the US Securities and Exchange Commission, repeating his support for Bitcoin exchange-traded funds (ETFs).

Odds are this helped give Litecoin a boost as well.

Now the question is will it return to its enormous gains any time soon? And will it reach $500?

A bullish forecast comes from PrimeXBT, which made a bold prediction in September for 2021: “If support can hold, after some sideways price action Litecoin could explode to around $7,000 per coin, based on the measure rule,” it said.

But others aren’t as sanguine on the cryptocurrency surpassing the $500 mark by the end of 2021.

In 12 months’ time, the price of Litecoin could exceed $255, according to Wallet Investor.

But near the end of 2026, Wallet Investor sees Litecoin exceeding $557.

Then there are more bearish cases from others such as LongForecast, which projects the price of Litecoin to range from just $161 to $206 at the end of 2024.

We also reveal price predictions for 2021 for other major cryptocurrencies including Ethereum, Dogecoin and Cardano, Shiba InudYdX, and EOS.

Plus, check out four things you need to know about Dogecoin.

Cryptocurrency investor discusses bitcoin back in 2011, before it earned him a life of luxury

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2022-04-18 08:00:00

Litecoin (LTC) At Risk of Breaking Down Below 300-Day Support Level

After failing to sustain its upward movement, Litecoin (LTC) has fallen back to a long-term horizontal support level. A breakdown below this level could cause a rapid fall below $100.

Litecoin has been falling since reaching an all-time high price of $417 on May 10. At the time, this had created a double top (black icons) relative to the previous all-time high from December 2017. The double top is considered a bearish pattern that often leads to bearish trend reversals, as was the case in LTC. 

Following this, the price broke down from the $140 area, which had been intermittently acting as both support and resistance since May 2019. The area was validated as resistance once more at the beginning of January 2022 (red icon). 

The next closest support area is found at $80.

Will LTC break down?

The daily time frame provides a bearish outlook. 

The price action shows that LTC has been falling since November 2021 (red icon) and has now returned to the $105 area, which has been acting as support for the past 300 days. 

While LTC has rebounded from this level multiple times (green icon), it has failed to initiate any significant upward movement as a result.

Technical indicators in the daily time frame are also bearish. This is visible in the falling RSI and MACD. The RSI is below 50 and the MACD is negative, both of which are considered signs of a bearish trend. 

If LTC reaches a close below the $105 level, it could cause a rapid drop to retest long-term lows.

The six-hour chart also shows that LTC has broken down from an ascending support line that had been in place since Feb. 24. This is a sign that the ongoing upward move has likely come to an end.

The trendline of the bullish divergences (green lines) in the daily RSI and MACD provides a bit of optimism but is not sufficient enough to negate all the other bearish signals.

Wave count analysis

Cryptocurrency trader @Altstreetbet tweeted an LTC chart and stated that another drop will likely complete the fifth and final wave.

The first target for the bottom of this movement is found at $99. If reached, it would sweep the April 11 lows before potentially rebounding. This target is found by projecting the length of wave one (red).

The second target is a bit lower at $93.80, created by the 1.61 external Fib retracement resistance level.

As a result, it seems likely that LTC will retest its April lows before it can resume any movement to the upside.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

2022-07-20 17:45:00

Top Free Online Slots to Play

On the hunt for the best free online slots sites out there? We’ve got you covered.

Our team of expert gamblers went above and beyond to find the top sites available out there for free high RTP slots.

We focused on several important factors, including game variety, bonuses and promotions, the variety of high RTP slots, and many more. After extensive research, we found Ignition to be the best overall option.

Let’s dive right in.

Best Free Online Slots Sites

1. Ignition – Best Free Online Slots Site Overall


  • $3,000 Bitcoin welcome bonus
  • Less than 24 hours withdrawals
  • Amazing selection of slots from leading providers
  • Comparatively low wagering requirements


  • Website design could be better

Ignition was established in 2016 by Beaufort Media B.V and is licensed by the Curacao e-Gaming Authority. Let’s discover what makes Ignition our top pick for free online slots.

Slot & Casino Game Selection: 4.8/5

Ignition’s games lobby may seem unappealing at first due to the lesser number of games than other similar online casinos famous for free online slots.

Still, the games here boast top-notch quality, developed by industry-leading providers such as Betsoft, Rival, and RTG. There are around 120 casino games in total, including slots, table games, live dealer games, and video poker.

Ignition may not deliver a large quantity, but they certainly provide variety when it comes to slots. You can find all the different types of slots here, and what’s more important, they come from the leading providers, as we have already mentioned, ensuring a quality like no other.

If you like table games, you should check out different versions of blackjack, baccarat, and roulette here. Also, Ignition is well-known for its amazing poker section, offering users exciting tournaments.

Bonuses and Promotions: 5/5

Ignition Casino welcomes its players with a generous Bitcoin welcome bonus of $3,000. The welcome package is split between the casino and the poker section – $1,500 for each. If you make the first deposit using fiat money, you will get a welcome package of up to $2,000.

The rollover requirement at Ignition is just 25x, which is relatively lower than other similar casinos. Thus, it gives players the scope to quickly cash out their winnings.

Mobile Compatibility: 4.9/5

Among other things, Ignition ensures that you have the best possible experience by offering you amazing mobile compatibility. There might not be a special application for Ignition users, but it does offer a website that works flawlessly on all mobile devices.

Banking: 4.9/5

Ignition accepts numerous payment options, including Amex, Visa, and MasterCard. Also, you can use cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. You can also deposit or withdraw via Voucher.

However, the options pretty much end here. There is no e-wallet listed in the payment options. But despite the limitation, the available methods are entirely safe and secure.

Overall: 5/5

Ignition has proved itself to be more than efficient in matters of delivering top-quality games, excellent bonuses, an incredible poker section, a sportsbook to add more flavors to the whole brand, and more.

This online casino offers users a responsive and resourceful customer support team to tend to any queries from the users at any moment of the day.

Click here to find out more about the bonuses & promos of Ignition Casino

Related Post: Best Free Online Slots Sites

2. Café Casino – Best Slot Game Variety of any Free Online Slots Site

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  • Withdrawals are processed within an hour
  • Generous welcome bonus up to $2,500
  • 24/7 live chat
  • Amazing mobile compatibility


  • Restricted in a lot of countries and territories

Licensed in Curacao, Café Casino was launched in 2016. So, it’s neither too old nor a very new gambling site.

Renowned for its slots, the casino has many other things to offer, including a generous welcome package and a unique loyalty program.

Slot & Casino Game Selection: 4.85/5

Café Casino may not boast a gigantic collection of free slot machines, but the games here are from RTG, Betsoft, and Rival Gaming – making them excel in graphics, animation, and sound.

There are around 120 slot titles available at this casino, and they come in varieties such as 3-reel slots, 5-reel slots, video slots, Real-Series games, progressive jackpots, and so on. All the slots on this site are available in demo mode.

Besides slots, Café Casino features different variants of blackjack, roulette, poker, and so on.

Bonuses and Promotions: 4.8/5

There are two welcome offers in Café Casino, depending on payment methods. If you make your first deposit using a cryptocurrency, you will be awarded a generous 350% welcome deposit match up to $2,500.

For fiat deposits, the welcome bonus is smaller – a 250% deposit match up to $1,500. The wagering requirement for both of them is 40x.

Mobile Compatibility: 4.8/5

The games of Café Casino are powered by HTML5 technology, which makes them optimize their features according to the platform they’re played on.

Thus, the casino can be accessed from smartphones and tablets – Windows, iOS, or Android. There is no need to download a separate casino app. You can simply visit their website from a mobile browser.

Banking: 4.9/5

Similar to Ignition, Café Casino also doesn’t offer a plethora of options when it comes to banking. But they do offer the most convenient ones. Here, you can get your money on and off the website using American Express, Visa, or Mastercard.

And, of course, they accept cryptocurrencies – Ethereum, Bitcoin Cash, and Bitcoin.

The biggest advantage of this online casino is that it processes payouts really fast. For some methods, the payout does not take more than an hour, which is a huge advantage.

Overall: 4.9/5

The customer support team at Café Casino is available around the clock via email, live chat, or phone. You will come across an extensive FAQs section on the website to initially help you with your queries. They have a modern user interface, and the categories for games are neatly assorted.

Click here to learn more about the latest bonuses & promotions available at Cafe Casino

3. Wild Casino – Most Generous Bonuses of All Free Online Slots Sites

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  • 300% up to $3,000 crypto welcome bonus
  • 200+ slot games
  • Daily slots tournaments
  • Safe and secure payment options


  • Mobile version is a bit buggy

Wild Casino has been in the online gaming industry for a long time now, since 1991. Players usually flock here for the fantastic bonuses and top-rated slot titles from renowned software providers.

Wild Casino has a lot to offer in every aspect, which makes it one of the best gambling sites for playing free online slots.

Slot & Casino Game Selection: 4.8/5

Wild Casino has a good collection of casino games – primarily free slot machine games. You will find a varied range of themes among the slots, including ancient Egyptians, action, fruit slots, Wild West, mystery, adventure, etc.

All the games here are from four well-known providers – BetSoft, Nucleus, Dragon Gaming, and Fresh Deck studios.

Bonuses and Promotions: 5/5

Wild Casino is a very generous gambling site for free online slots when it comes to bonuses and promotions. There are all different types of bonuses that the users of Wild Casino can score.

If you make your first deposit using a cryptocurrency, you are in luck – you will be rewarded with a 300% deposit of up to $3,000. This means that your welcome bonus can go up to $9,000, which is quite a lot.

For fiat deposits, the welcome offer is a bit smaller. If your first deposit is made using fiat money, you will be rewarded with a 250% deposit up to $1,000. However, it should be noted that the wagering requirement is 45x for the crypto welcome bonus, while for the fiat offer, it’s 35x.

Mobile Compatibility: 4.8/5

We played at Wild Casino from different mobile devices and tablets, and the gameplay was smooth and enjoyable each time. Their website is perfectly optimized for the smaller screens of smartphones.

Banking: 4.75/5

Wild Casino may be famous for its lucrative rewards, but it doesn’t stay far behind in banking. Their banking service is exceptionally flexible and convenient for each player.

There are 20 banking options available here. Among them, you can find anything from traditional payment options, such as MasterCard, Amex, Discover, and Visa, as well as modern payment methods, including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and many more.

Overall: 4.8/5

Wild Casino’s customer support team is reachable via email and live chat 24/7. Their live chat service was pretty quick and resourceful. We talked to different support agents, and all of them were friendly and patiently answered our questions.

They also have a detailed help section where queries related to almost everything are explained. Their interface is uncomplicated – it doesn’t leave a mark for confusion while navigating the website.

You can discover all the latest bonuses at Wild Casino by clicking here

4. Super Slots Casino – Best Free Online Slots Site for Mobile

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  • 250+ slot games from leading providers
  • Wide range of banking options
  • 24/7 customer service
  • Generous crypto welcome bonus


  • User interface could use some work

Super Slots is a relatively new casino, being launched in 2020. Super Slots has established itself as one of the top online casinos for slots within a short time. Let’s see what exactly it has to offer.

Slot & Casino Game Selection: 4.75/5

Super Slots Casino has hand-picked casino games from providers such as Dragon, Magma, and Betsoft – companies well-known for producing unique titles with cutting-edge graphics and seamless animation.

There are 250+ free online slot machines expanding over all of the existing variants of slot games, such as progressive slots, 3D slots, video slots, multi-payline slots, 5-reels, and classic 3-reel slots.

There are many other games available at Super Slots, ensuring you never get bored when gambling here.

Bonuses and Promotions: 4.7/5

Super Slots bonuses and promotions are quite generous. If you make your first deposit using fiat money, you will be rewarded with a generous 250% deposit match up to $1,000, with a wagering requirement of 35x.

In addition, you will also be eligible for an additional 100% deposit match up to $1,000 over the next five deposits. Making your first deposit using a cryptocurrency? Even better. You can score a 400% deposit match up to $4,000 here, with a wagering requirement of 48x.

Mobile Compatibility: 4.75/5

Mobile players will not be left out of enjoying the fantastic gaming experience of Super Slots Casino. Their portal is accessible from any mobile browser, and the number of games remains the same.

You can play your favorite slots at Super Slots wherever you are using your iOS or Android devices. In fact, if you are looking for the best mobile casinos, this one should definitely be the one to check.

Banking: 4.8/5

Banking at Super Slots is very convenient. They offer everything from credit cards to cryptocurrencies and bank transfers. Super Slots provides Super Slots supports deposits and withdrawals made using 17 different options, including Mastercard, American Express, Discover, Visa, BTC, BTCH, ETH, LTC, and many more.

Overall: 4.75/5

The user experience at Super Slots is simply amazing. It also offers generous bonuses, amazing game variety, and a lot more.

Click here to explore what bonuses you can receive at Super Slots Casino

5. Bovada – Best Design of All Free Online Slots Sites

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  • User-friendly interface
  • Up to $3,000 welcome bonus
  • Slots from leading providers
  • Amazing mobile compatibility


  • The selection of games could be better

Bovada was launched in 2011 by Harp Media B.V and holds a license from the Curacao Gaming Authority. It is one of the oldest and most well-known names in the online gambling industry.

Slot & Casino Game Selection: 4.7/5

Bovada hosts around 120 different slot games, and the majority of them are progressive jackpot slots. All of these are 3D slots delivering a cinematic experience with high-definition graphics and crisp sound effects.

Bovada is primarily known for its amazing sports betting section; the casino lacks a variety compared to other slots sites dedicated solely to casino games. Besides slots, the casino has a few live dealer games, including roulette, blackjack, and baccarat.

Bonuses and Rewards: 4.8/5

This online casino has some of the most exciting and generous bonuses out there. There is something for everyone at Bovada. For example, for beginners, Bovada offers a generous crypto welcome bonus of up to $3,000.

Among other bonuses, you can find fiat welcome bonus, referral bonus, and many more.

Mobile Compatibility: 4.7/5

Bovada’s mobile platform is perfectly compatible with iOS, Windows, and Android devices. Users can play free slots at Bovada anytime on their tablets and smartphones. However, the game selection on Bovada’s mobile version is a little limited. But you can still find several quality games to enjoy.

Banking: 4.75/5

Bovada primarily encourages users toward crypto payments. You will find Ethereum, Litcoin, Bitcoin, and Bitcoin Cash as the available options. Besides cryptocurrencies, Bovada offers Amex, MasterCard, Visa, MatchPay, and Voucher.

You can also choose direct bank transfers and vouchers to get your money on and off the platform. Crypto payouts take up to an hour to process.

Overall: 4.7/5

The site has quick loading times, a good variety of casino games, sports betting options, live betting, and several different promotions.

Whatever it is that you need when gambling at Bovada, their customer service is always available to help you out.

Discover all the latest bonuses offered by Bovada Casino


Ranking Methodology for the Best Free Online Slots Sites

Game Variety:

There are all kinds of slot games out there. We’ve rounded up the best real money slots sites that feature a wide variety of free slot games and themes in free play mode, so you can enjoy them all before placing real money bets.

Whether you’re looking for classic 3-reel slots, modern 3D slots, or progressive 5-reel slots games that offer massive jackpots, we’ve got them listed here.

Bonuses and Rewards:

Bonuses are what make playing at an online casino so much fun. With so many unique games and promotions, you can enjoy an entirely new gaming experience without breaking the bank.

We’ve done our research to find the best online casinos that offer massive sign-up bonuses and daily, weekly, and monthly promotions for additional free cash.


The banking area is one of the biggest concerns for all online gamblers who want to know their deposits are safe and secure. We have created this guide to help you find the safest online gambling sites that offer the most reliable banking options, such as Bitcoin cryptocurrency deposits, credit/debit cards, and e-wallets.

Mobile Compatibility:

We know that playing real money slots can be frustrating if they don’t load quickly or you have to put up with buggy software, but we think we’ve found the best casinos to play online slot machines on your mobile device.

We looked for online casinos that are easy to navigate on a smartphone or tablet, have a neat user interface and a modern design, and feature bug-free, fast-loading games.

Best Free Online Slots Sites To Use: FAQ

What Are Free Online Slots?

Free online slots are slot games that offer users a scope to play the games in a demo mode, where you don’t have to deposit any money. By playing online real money slots in free mode, you are able to learn more about how the games work and get ready for real money gambling better.

Can Online Free Slots be Rigged?

Casino games in every reputable and licensed online gambling site are tested and certified by game labs. The providers use RNGs (Random Number Generators) that make each game outcome round random and independent from the rest of the spins.

Can I Win Real Money By Playing Online Free Slots?

No. When you play free online slots in practice mode, the casino funds your account with some extra playable points or funds. But for each round you win, you don’t get real money bonuses. The Free play mode is solely for practice purposes. However, if you decide to play for real money after practicing, you can win real money too.

Comparing the Top 5 Best Free Online Slots Sites

  • Ignition: About 60 online slots, $3,000 welcome package, 8 banking options supported; overall score 99%
  • Cafe Casino: 120+ online slots games, 350% up to $2,500 welcome bonus, 9 banking options supported; overall score 97%
  • Wild Casino: 200+ slots games, 300% crypto welcome bonus up to $3,000, 18 payment options supported; overall score 96%
  • Super Slots: 250+ online slots, 400% crypto welcome bonus up to $4,000, 17 banking options supported; overall score 94%
  • Bovada: 120+ online slot games, up to $3,000 welcome bonus, 9 banking methods supported; overall score 92%

How to Sign Up at the Top Free Online Slots Sites?

You’re just a few moves away from signing up at your preferred online casino to practice playing online slots. Let us show you the procedure with today’s top choice, Ignition:

Step 1: Open Your Account

  • Visit the Ignition website
  • Press the ‘Join’ button at the top-right side of the screen
  • Enter your contact details
  • Tap the ‘Register’ icon

Step 2: Verify Your Email Address    

  • Go to your email
  • Click the verification link in the mail sent by Ignition
  • The link will direct you to Ignition’s home page

Step 3: Make Your Deposit and Play Online Slots

  • Once your account is activated, you can make your first deposit
  • Activate the welcome bonus
  • Now you cal play slots online

Ready to Play the Best Free Slots?

After extensive research, our team of expert gamblers found that Ignition is the best overall option for free online slot games. There are several reasons for this, including the generous bonuses and promotions offered by the casino, as well as amazing user interface, and many more.

All the top picks on our list have something exciting to offer to gamblers. So, pick your favorite, and don’t forget to gamble responsibly.

DISCLAIMER: As a rule of thumb, we always emphasize the riskiness of gambling and why it should never be seen as an activity to solve your financial problems. The saying “the house always wins” isn’t just a catchphrase as it should help shape your wagering adventure.

Are you suffering from a gambling problem, or do you know someone that does? If so, it’s crucial to call the National Gambling Helpline without further ado at 1-800-522-4700 to seek help from one of the numerous advisors. Speaking to these professionals is instrumental in making gambling a safe venture for you and your loved one. You also have to be aware that gambling sites and other related products are for those aged 18 and above.

Several casino sites listed in our reviews might not be available in your region. To this end, you might want to go through your jurisdiction’s local laws and rules to have an idea of online gambling’s legality. Since our reviews are unbiased and geared towards regular players’ needs, we may receive a commission for casino site features. However, this doesn’t affect our online casino ranking as we always make concerted efforts to bring to you sites that deliver a wholesome casino experience at all times.

If you’d like some top-notch information that focuses on gambling and everything in-between, check out these organizations:

2022-03-17 07:00:00

LTC Crypto Is Still Dropping, Not Likely to Recover Until Bitcoin Rebounds

Source: Wit Olszewski / Shutterstock.com

  • Litecoin (LTC-USD) is struggling. LTC crypto has fallen drastically from $278 in mid-N0v. to $110 on March 17.
  • Litecoin has a high correlation with Bitcoin (BTC-USD), so its turnaround will wait on a rebound in BTC crypto.
  • Investors should use this period to average down into LTC crypto, especially since it’s much cheaper than Bitcoin.

Litecoin is the 21st largest cryptocurrency as ranked by Coinmarketcap.com. LTC crypto has taken a beating since peaking at $278.01 on Nov. 13. It’s now down to $110 as of this writing. From a market value of $19.2 billion, it has cratered to just $7.7 billion.

Moreover, year-to-date (YTD), Litecoin is down 27% from where it ended last year at $147.75. This is actually worse than Bitcoin, which is down about 14% from $48,000 to $41,000 as of late March 17.

Where Things Stand at Litecoin Now

Litecoin is a secure peer-to-peer-cryptocurrency platform focused solely on improving payments and monetary transactions. Right now, Litecoin is now accepted at 3,265 merchants worldwide according to Cryptwerk.com. This is up from 3,111 in October 2021 according to Cointelegraph.

Moreover, there are now 97 payment gateways using Litecoin. This includes PayPal (NASDAQ:PYPL), which allows transactions in four cryptocurrencies: Bitcoin, Ethereum (ETH-USD), Bitcoin Cash (BCH-USD), and Litecoin. Recently, PayPal decided to raise transaction fees on small transactions in these cryptos, according to Coinmarketcap.com.

This implies that the gateways using Litecoin and other crypto payment platforms find transactions below $100 unprofitable. They need to have fees higher than $2.49 (i.e., 2.49% or higher for amounts below $100). This could have a dampening effect on Litecoin’s popularity.

However, let’s keep things in perspective here. For example, to effectively do transactions in Bitcoin you have to use small fractions of the price. This dollar size effect is not as bad for LTC crypto since it trades around $110.

Another way that Litecoin is similar to and somewhat tied to Bitcoin is its proof-of-work validation system. Simply put, this means that Litecoin is still mined using electronic servers and specialized circuits called Application-Specific Integrated Circuit (ASIC) servers. This is just like at Bitcoin and is now considered environmentally unfriendly by some quarters since it requires so much electricity to do Litecoin mining.

What Investors Should Do With LTC Crypto

The truth is that Litecoin has always been known as the digital  “silver” to Bitcoin’s “gold,” according to Litecoin’s founder, Charlie Lee. Investopedia says that they share the same codebase together and they tend to have “similar price movements in cryptocurrency markets, rising and falling in tandem.”

That implies that Litecoin is not likely to rebound until Bitcoin makes a sustained comeback. And Bitcoin’s movements correlate with general market movements, much more than Litecoin.

One reason for this is that Litecoin was originally founded as a way to easily scale transactions. Bitcoin is too large to allow massive transaction scaling. Litecoin was designed to do this, but that has also come at a cost. This is its lack of ability to handle smart contracts in blockchain platforms like other major currencies.

As a result, this could hold it back as other cryptos begin to rebound. Nevertheless, its core function and focus for investors as a simple means to conduct crypto transactions gives it some appeal. People know that it specializes in this one thing and that simplicity gives it some attraction.

At this point, investors who want to gain a simple form of exposure to cryptocurrency but don’t want to pay over $41,000 just to buy one token can buy LTC crypto. It acts as a sort of replacement token for Bitcoin. However, LTC crypto probably does not have the same upside and potentially has more downside than Bitcoin. Just keep that in mind when buying Litecoin.

On the date of publication, Mark Hake did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

2022-04-06 08:00:00

Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs

The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021.

Litecoin selloff ahead?

On-chain analytics platform Santiment detected a total of 3,458 LTC transactions, worth over $100,000, on April 5, calling it “an indicator of mid-term price direction shifts.”

Meanwhile, Litecoin’s price continued its correction move on April 6, down 13% from recent highs of $135 on March 30.

Litecoin daily whale transactions in 2022. Source: Santiment

Whales are an influential cluster of investors since they hold a comparatively large amount of coins, whose movements can intentionally or unintentionally move markets in either direction.

Santiment’s chart revealed little about whether Litecoin whales purchased, sold or merely transferred their LTC holdings to other addresses. However, it showed that spikes in daily whale transactions have been preceding price declines in the Litecoin market this year, raising the possibility of LTC’s price falling in the coming weeks.

LTC price technicals

Over the last ten days, Litecoin has experienced modest selloffs upon twice testing its 20-week exponential moving average (20-week EMA; the green wave) near $133.

LTC/USD weekly price chart. Source: TradingView

LTC’s price declined by nearly 7.5% week-to-date to drop below $120. Its path of least resistance looks skewed toward the downside, with its 200-week simple moving average (200-week SMA; the orange wave) near $100 acting as the next pullback target — around 20% below current prices.

Related: Crypto billionaires increase by 60% in a year: Who made Forbes annual list?

The given level also coincides with the lower horizontal support that constitutes a descending triangle pattern, raising LTC’s chances of a rebound here toward the channel’s upper falling resistance above $200 in Q2.

Litcoin hodlers holding

Additionally, the monthly position change of Litecoin’s long-term investors — or “hodlers” — shows LTC accumulation (green) during its price declines in 2021, suggesting that investors are currently betting on the price rising in the future. 

Litecoin holder net position change. Source: Glassnode

Meanwhile, Rekt Capital, an independent market analyst, expects an early rebound in LTC/USD, citing a “falling wedge” — a bullish reversal pattern that starts wide at the top but contracts as prices move lower.

LTC/USD daily candle price chart

“LTC now pulling back for a post-breakout retest of the Falling Wedge top,” he noted in reference to the chart above, adding:

“This Falling Wedge diagonal is confluent with the green Range Low area ($116–$125). LTC will be looking to hammer out a base in this area.”

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.