Day: February 2, 2024

Nevada sports betting revenue hit $1.43B in 2023; Macau sees surge in January

Sports gambling has seen rapid expansion in the US since the 2018 Supreme Court ruling allowing states to regulate sports betting within their respective borders.
Among the states best known for casinos in the US is Nevada, home to the famous Las Vegas city.
Outside of the US, Macau is another destination witnessing a surge in sports betting activities.

Nevada and Macau, two global gaming powerhouses, have recently released their gaming revenue reports, showcasing notable trends in the industry. Nevada witnessed record-breaking figures for both December 2023 and the full fiscal year, while Macau experienced a significant surge in January.

From a groundbreaking Supreme Court ruling legalizing online casinos to the popularity of slots for real money, Nevada has emerged as a powerhouse in the realm of traditional casinos and online casinos including crypto casinos.

Nevada’s record gaming revenue

In December 2023, Nevada achieved a historic milestone with a record-breaking revenue of $1.43 billion, marking a 9.04% increase compared to the previous year.

The state’s gaming industry continued its upward trajectory throughout the fiscal year 2023, culminating in a new statewide revenue record of $15.5 billion. Slot machines remained the primary revenue driver, accounting for $10.3 billion in gaming revenue. However, table, counter, and card games saw a notable growth of 8.35%, outpacing the slot machine revenue increase.

On the regional front, Clark County experienced a substantial 9.75% increase in gaming revenue, reaching $1.27 billion while Washoe County witnessed a slight decline of 2.87%, amounting to $80.4 million. Notably, Elko County stood out with a remarkable 14.96% increase, reaching $36.4 million in gaming revenue for 2023.

These regional variations reflect the diverse dynamics within Nevada’s gaming landscape as the gaming industry continues to thrive in the ‘Silver State’, setting new benchmarks and attracting visitors from around the world.

Macau’s impressive growth

Outside Nevada and the United States, Macau, often referred to as the “Las Vegas of the East” for being a prominent gaming destination in Asia, reported a staggering 67% increase in gaming revenue for January 2024 compared to the previous year.

This surge highlights the resilience and recovery of Macau’s gaming sector following challenges posed by the pandemic. The positive momentum in Macau’s gaming industry bodes well for its future prospects and contributes to the global gaming market’s vibrancy.

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Meme enthusiasts overlook Shiba Inu and Bonk for this new P2E Memecoin, NuggetRush (NUGX)

NuggetRush has emerged as a new favourite, edging past SHIB and BONK.
Bonk has seemingly peaked, while Shiba Inu has little room for growth.
NuggetRush, an emerging P2E meme coin, is tipped for a 7,000% rally after its launch.

Memecoins aren’t only a vital part of the crypto landscape but also one of the most promising sectors. As such, investors are always riding its intensely volatile wave, seeking staggering gains. 

With rags-to-riches stories common within this niche, enthusiasts have been overlooking Shiba Inu (SHIB) and Bonk (BONK) for NuggetRush (NUGX), a new P2E memecoin. As a top ICO, it boasts staggering upside potential, positioning it as one of the best altcoins to invest in today.

NuggetRush (NUGX): outperforming Bonk and Shiba Inu

NuggetRush (NUGX) has emerged as a top pick among meme enthusiasts and investors. It combines the best features of memes and adds them to gaming, contributing to its strong appeal. As a result, the presale has been stirring up quite a buzz, selling out fast.

While it integrates memetic features, it is more than just a meme—it is a P2E memecoin. This makes it stand out from the typical cat coins or dog coins in the meme ecosystem. Hence, it has been hailed as the best new crypto to invest in now. 

As a P2E token, one of its real-world applications will include being the in-game currency. It will also be used to mint NFTs on the marketplace, along with being the governance token.

The P2E game, which will be built around gold mining, will involve players going on exciting quests. Gamers will have to create a mining team, which can either consist of other players or select in-game characters that double as NFT collectibles. Interestingly, NFTs can be staked with up to a 20% APY.

The ICO is in round 5, and a token costs only $0.018. Yet to launch, you can become an early adopter and position yourself for staggering gains. According to experts, it will experience a 7,000% rally after its launch, likely surpassing Shiba Inu and Bonk. To partake in the presale, click the link below.

Shiba Inu (SHIB): low upside potential

Shiba Inu (SHIB) is one of the market’s top altcoins. It is currently the second-most popular meme coin, behind Dogecoin (DOGE). Its appeal primarily lies in its blend of memes and utility, placing it among the list of meme coins with potential.

This is evident in its thriving ecosystem, which houses utility-backed projects like Shibarium and ShibaSwap. Further, Shiba Inu’s token burn mechanism—which reduces supply—is another appeal.

However, despite this, investors have been overlooking Shiba Inu due to its low growth potential. As one of the top crypto coins, its room for growth pales in comparison to newer and more promising narratives or meme coins.

Bonk (BONK): at its peak

Bonk (BONK) was the talk of the crypto town last year. Several rags-to-riches stories were recounted, with many crypto millionaires created. If you had held the Solana-based dog-inspired token in 2023, you would have likely seen astounding gains.

However, since its bull run the previous year, it hasn’t been all sunshine and rainbows. According to analysts, Bonk has peaked, meaning it will likely decline rather than rally. With newer and shinier meme coins emerging, there has been a shift in sentiment, with many overlooking it.

Its low upside potential means it isn’t as compelling as it used to be. Nevertheless, if you are seeking considerable gains, Bonk is still a good crypto to buy.

Conclusion

The explosive growth potential of NuggetRush has seen it become a fan favourite among investors and enthusiasts at the expense of Shiba Inu and Bonk. Poised to skyrocket, you can position yourself now in anticipation of its surge. To partake in the presale, click the link below.

For more information about the NUGX presale and how you can purchase the memecoin, visit the NuggetRush Presale Website.

The post Meme enthusiasts overlook Shiba Inu and Bonk for this new P2E Memecoin, NuggetRush (NUGX) appeared first on CoinJournal.

Investors turn to NuggetRush presale as Chainlink and Celestia face downturns

Celestia (TIA) has lost momentum despite its high staking activity in January.
Chainlink (LINK) has also fallen sharply amid the market-wide price correction.
NuggetRush’s (NUGX) presale sells nearly 167 million tokens.

Celestia has lost bullish steam despite rising to an all-time high of $19.00 in January. The recent market-wide dropoff has also affected Chainlink (LINK).

Investors are now turning to NuggetRush (NUGX) after its presale raised over $2 million. The mining adventure game packs several ways to earn real money. Yet, can NuggetRush (NUGX) join the top crypto coins in the gaming industry? Let’s find out.

NuggetRush crosses established P2E boundaries with rising presale

NuggetRush (NUGX) is the latest blockchain game to pique the interest of P2E gamers and cryptocurrency investors across the globe. The project will launch the first-ever blockchain game that promises an immersive mining experience and real-world financial rewards.

NuggetRush (NUGX) centres around a realistic mining adventure where players employ skilled miners and efficient machinery to earn valuable financial rewards. The gameplay involves building a mining team, recruiting better workers, surveying lands, buying machinery, and completing mining missions.

Players can collaborate to enjoy a multiplayer experience, earning extra NFT gaming rewards by joining mining partnerships and completing group tasks. 

Besides NuggetRush’s (NUGX) enjoyable gaming experience, the project provides an exciting financial opportunity for players and investors. On one hand, players can trade their NFTs for real gold in the game’s marketplace. On the other hand, players can stake their NuggetRush NFTs to receive a 20% APY.

In addition, the NUGX token presents a high-value asset for careful investors. NUGX’s value has risen by 80% from $0.010 in round one to $0.018 by round five of its presale. It has already sold nearly 167 million NUGX tokens. The project’s blockchain ICO is ending soon, and NUGX will be listed shortly after. However, many investors are more excited about its 11.1% price jump to $0.020. 

For more information about NUGX, visit the NuggetRush Presale Website.

Celestia losses grow amid high staking activity

Celestia’s (TIA) bullish momentum has dropped slightly despite being one of the top altcoins in the market since November 2023. After launching its mainnet services on October 31, 2023, Celestia (TIA) entered a bull run that lasted till the end of January 2024. 

However, Celestia’s price momentum has fallen in the past week. TIA traded at $13.98 on January 1. Two weeks later, TIA rose by 36.1% to $19.03 on January 15. TIA then fell to $16.82 on January 21 before recovering by 10.4% to $17.05 by January 27.

Celestia’s (TIA) fall stunned investors as its network activity and coin staking remained high in January. Several investors increased the staking of Celestia tokens as new networks offered airdrops to TIA stakers. 

Despite the fall, analysts say Celestia (TIA) will recover due to its recent partnership with Polkadot and Arbitrum. These partnerships could increase Celestia’s network activity, thus pushing TIA up by 13.4% to $19.35.

Chainlink falls amid market-wide drop-off

December 2023 was a very bullish month for altcoins like Chainlink (LINK). Interest in spot Bitcoin ETFs was very high, causing an increase in Chainlink’s trading activity. Data from CoinMarketCap showed that Chainlink’s market capitalization had grown from $4 billion to $9 billion between October to December 2023. 

However, Chainlink’s (LINK) bullish momentum trailed off significantly in January. LINK sold at $15.54 on January 1. It fell by 11.7% to $13.71 on January 9. LINK recovered by 14.7% to $15.73 on January 17 before falling by 8.8% to $14.34 on January 27.

Chainlink’s (LINK) drop-off coincided with the recent market downturn. Bitcoin had fallen below $40,000 in the third week of January, causing a fall in trading activity for many altcoins. As a result, Chainlink’s market capitalization has fallen by $1.3 billion in January 2024. If Chainlink remains on its bearish trajectory, LINK could fall by 16.0% to $12.04.

The post Investors turn to NuggetRush presale as Chainlink and Celestia face downturns appeared first on CoinJournal.

Google launches crypto ads as market heats up; GFOX presale rockets past $3M

Google’s recent decision to allow selected cryptocurrency finance products in its advertising space is pivotal, signalling potential shifts in investor behaviour and market dynamics. Along with this groundbreaking move is another development that has captured the attention of the crypto community. 

The token presale of Galaxy Fox – considered by many to be the best upcoming ICO – has surged past the $3 million mark, indicating growing interest in this promising project.

Google launches crypto ads

Google has recently altered its policies, allowing selected cryptocurrency finance products to be showcased in sponsored links and ads on its platform. This shift is particularly significant as it permits third parties targeting the US market to advertise financial products related to trading shares in trusts holding substantial pools of digital currency, such as the recently approved Bitcoin exchange-traded fund (ETF) products.

This change in Google’s advertising policies has opened the floodgates for companies like BlackRock and VanEck to feature sponsored links and ads, enticing users to invest in their Bitcoin ETFs. While this is undoubtedly a positive development for certain sectors within the crypto space, it’s crucial to note that not all cryptocurrency-related ads are allowed.

NFT and cryptocurrency sales-related ads, including those for DeFi protocols and initial coin offerings (ICO), remain banned on the platform. Google continues to stand firm against advertisements promoting the trade, sale, and purchase of cryptocurrencies and those for games involving gambling or wagering with non-fungible tokens (NFTs).

Galaxy Fox: soaring beyond expectations

Galaxy Fox has emerged as a beacon of resilience and success amid market fluctuations and uncertainties. Its ICO has catapulted past the $3 million mark in its presale, setting the stage for an exciting journey ahead. The presale is in Stage 7, with $GFOX priced at $0.00198. So far, over 2.5 billion tokens are already in the hands of early investors.

The presale’s success can be attributed to Galaxy Fox’s innovative approach, combining the best features of meme coins and traditional cryptocurrencies. With a deflationary tokenomics model, $GFOX incorporates a token burn mechanism that permanently removes tokens from circulation, contributing to its deflationary nature. Furthermore, the taxation system supports diverse mechanisms, channelling funds into ecosystem expansion via staking payouts and Treasury.

Galaxy Fox’s hybrid model blends the best elements from the meme coin genre, creating a unique asset that stands out in the crowded crypto landscape. The deflationary nature of $GFOX positions it favourably for the forecasted excellent performance of deflationary assets in 2024. This characteristic makes it a compelling answer to this question: What crypto should I buy today?

Moreover, Galaxy Fox offers passive income opportunities through staking rewards, appealing to investors looking to enhance their earnings. Combining a declining token supply and staking rewards creates an asset with a unique yield, making $GFOX an attractive option in the crypto market.

Galaxy Fox doesn’t stop at being a financial asset. It also ventures into the entertainment realm with its Web3 Endless Runner game. This game leverages the play-to-earn (P2E) mechanic, providing users with an entertaining experience while offering another avenue for earning within the ecosystem. As history indicates, presales often thrive in bullish markets, and Galaxy Fox firmly establishes itself among the top cryptocurrencies to consider in the current market conditions.

Conclusion

Amidst Google’s groundbreaking shift in crypto advertising policies, Galaxy Fox’s ascent past $3 million in its presale is a testament to the innovation and resilience within the cryptocurrency space. As the market continues to evolve, discerning investors seeking the best crypto presale could consider watching the trajectory of $GFOX.

Galaxy Fox presents itself as a compelling option for those pondering the perennial question of “What crypto should I buy?” To delve deeper into this celestial journey, consider visiting Galaxy Fox’s official site or joining their community via Telegram.

To learn more about $GFOX, visit Galaxy Fox Presale or join the Community.

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Bitget Wallet Now Supports Berachain Artio Testnet

Victoria, Seychelles, February 2nd, 2024, Chainwire

Bitget Wallet, the leading Web3 trading wallet, has recently integrated with Berachain Artio Testnet, an EVM-compatible Layer 1 blockchain. Bitget Wallet users may now seamlessly add the testnet on both their app and browser extension wallets, which will allow them to enjoy convenient on-chain asset management, transfers, interaction with ecosystem DApps, and the acquisition of BERA test tokens. Trending DApps on the Berachain ecosystem will also be featured on Bitget Wallet’s DApp browser to facilitate ease of discovery and accessibility.

Berachain is a high-performance, EVM-compatible blockchain built on Proof-of-Liquidity consensus. The network rearchitects the traditional smart contract platform to a novel, Cosmos-native configuration. Users provide liquidity into the chain-enshrined primitives (dex, perps, stable lend, or others voted in by governance) to earn BGT, delegate it with validators to earn fees/bribes, or burn it into Bera. Through their contribution to liquidity on the chain, users bootstrap its security.

As Berachain gears up for its impending mainnet launch slated for the second quarter of this year, Bitget Wallet remains committed to its goal of providing close support for the ecosystem and being the first to deliver seamless access for all Bitget Wallet users. Additionally, the Bitget Wallet team has announced a collaboration with Berachain to initiate an incentive campaign for the testnet ecosystem next month, aimed at enhancing user engagement on the Berachain Testnet.

With a growing global user base of over 15 million, Bitget Wallet supports an impressive array of over 100 mainnets. Its custom network functionality enables the integration of hundreds of EVM-compatible chains, broadening users’ access to the expansive Web3 ecosystem and accelerating the discovery of novel assets and emerging opportunities in the industry.

About Bitget Wallet

Bitget Wallet stands as Asia’s largest and global frontrunner among all-in-one Web3 multi-chain wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more.

With a 5-year legacy, Bitget Wallet has garnered acclaim from over 15 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.

For more information, visit:

Website
Twitter
Telegram
Discord

 

Contact

Rachel Cheung
media@bitget.com

The post Bitget Wallet Now Supports Berachain Artio Testnet appeared first on CoinJournal.

Rebel Satoshi’s challenging the dominance of established coins like MINA and Cardano

Rebel Satoshi (RBLZ) leads the top ICO list after raising over $1.5 million in presale. 
Mina (MINA) improves in value after launching an online voting and survey platform. 
Cardano (ADA) dips despite a major implementation for the blockchain. 

A new meme coin named Rebel Satoshi RBLZ) has emerged as a strong opponent of top altcoins like Mina (MINA) and Cardano (ADA). In the latest news from the crypto world, Mina (MINA) has improved in value after making an important announcement. Meanwhile, Cardano (ADA) has faced a dip. 

Let’s review the latest about $RBLZ, MINA, and ADA to find the best crypto to invest in!

$RBLZ raises over $1.5M in presale, challenges top altcoins

The crypto world is overrun by oppressive systems that only favour the elite and make it harder for underdogs to succeed. In such a time, Rebel Satoshi has emerged as the saviour of the rebels and the underdogs. Rebel Satoshi aims to develop a community for the rebels and defeat the status quo of the crypto world. 

Rebel Satoshi is backed by its native token, $RBLZ, in this movement. $RBLZ is the beacon of hope for those fighting for decentralization. Currently, $RBLZ is priced at $0.0224 in Monarchs Round 4 of the presale. Once Rebel Satoshi has its official launch, $RBLZ will reach $0.025, bringing a 150% return on investment to early investors.

Furthermore, Rebel Satoshi has successfully raised over $1.5 million in funding so far. Rebel Satoshi is expected to have its official launch on DEX in February 2024, which is why now is the time to join the presale. $RBLZ investors will be offered exclusive benefits and the chance to contribute to the Rebel Satoshi ecosystem. 

Everyone who wishes to contribute to positive change in the crypto world should not miss out on this opportunity to join the Rebel Satoshi hype train. You can use Bitcoin and the 50 top crypto coins to sign up for the best ICO of 2023 and enjoy exclusive benefits upon the launch of the coin.

MINA gains after announcing the open beta launch of PunkPoll

In a blog post on January 23, 2024, the Mina Protocol announced the open beta launch of PunkPoll. PunkPoll is a censorship-resistant voting and survey platform verified on Mina Protocol. 

Six days after the announcement, MINA, the native token from the Mina protocol,  gained 19.7% in value, going from $0.9456 to $1.1326. The increase in the value of Mina makes it the best crypto to buy for massive gains.

However, it is essential to review the predictions before investing in Mina. The future price predictions are also optimistic for Mina. If the market turns bullish in 2024, MINA will reach the maximum predicted price of $1.98 in December.

On the other hand, in the case of a bearish scenario, MINA will be trading at the minimum predicted price of $1.59 by the end of 2024.

ADA dips despite the Rosen Bridge between Ergo and Cardano going live

On January 6, 2023, Rosen Bridge announced on Twitter (now X) that the Rosen Bridge is now live between the Ergo and Cardano blockchains. The long-awaited implementation will enable users to send and receive ADA between Cardano and Ergo. 

Despite the positive news, Cardano’s native token, ADA, decreased in value. ADA lost 3.9% of its value and dropped from $0.5095 to $0.4895 in three weeks. Despite the decrease, crypto analysts are hopeful about the future of Cardano and ADA. 

According to Cardano’s price prediction, ADA can improve by 53.1% by 2024. In the case of a bullish scenario, Cardano will be trading at the maximum predicted price of $0.9102 per ADA by the end of 2024.

However, the price of ADA will be affected negatively if the market turns bearish. ADA will reach the minimum predicted price of $0.7502 by the end of 2024 in the case of a bearish scenario. 

For the latest updates and more information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

 

The post Rebel Satoshi’s challenging the dominance of established coins like MINA and Cardano appeared first on CoinJournal.


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