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Bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal?

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bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal?

The price of bitcoin (BTC) has increased by more than eight percent in the past 24 hours, as the dominant cryptocurrency recovered to $4,000. On fiat-to-crypto exchanges like Coinbase and Bitstamp, bitcoin is yet to surpass $4,000 mark but on crypto-to-crypto trading platforms, the price of BTC hovers at around $4,100. Fueled by the corrective

The post Bitcoin Surges 8% Overnight in Corrective Rally, Potential Full Reversal? appeared first on CCN

Huobi Launches Multi-Stablecoin HUSD

For some, perhaps the only thing better than a stablecoin is a universal stablecoin – one that’s usable wherever stablecoins are accepted. That’s what Huobi has launched in its new HUSD token, which supports four major stablecoins: Gemini Dollar, Paxos Standard, USDCoin, and True USD. The function is simple enough – by holding HUSD, users

The post Huobi Launches Multi-Stablecoin HUSD appeared first on CCN

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MBit Casino Gives Away $50,000+ in Monthly Tournaments & VIP Rewards

Following their successful website launch in 2014, mBit Casino has enjoyed a steady growth in user-base, as it became one of the most popular online bitcoin casinos around. mBit casino has experienced this success due to its 24/7 live support, large monthly tournaments (for both slots and table games) and a generous VIP Program.

More recently mBit Casino has been running a monthly tournament in which players have started to pay out substantial prizes. Every month at least 15 BTC in combined tournament prizes is paid out between 40 different players. In addition, players are also able to exchange their VIP comp points into bitcoin and free spins.

In total, mBit has been paying out over 20 BTC in monthly prizes, which is valued at around $50,000 today. On top of this payout mBit casino also pays out additional everyday bonuses, welcome bonuses, and weekly cash back offers.

mBit also casino runs two monthly tournaments,  the 10 BTC Slots Tournament and the 5 BTC Table Games Tournament. The Table Games Tournament pays out 5 BTC in prizes to the top 10 Table Game players and the Slots Tournament rewards the top 30 slots players each month with a total prize pool of 10 BTC.

Players can collect points across the month, based on the total amount of bitcoin they bet in the corresponding games. Players have the whole month, every month, to earn as many points as they can on the leaderboard, after which prizes will be added to their account on the first day of the month.

Images courtesy of bitcoin PR Buzz

The post MBit Casino Gives Away $50,000+ in Monthly Tournaments & VIP Rewards appeared first on Bitcoinist.com.

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