Cryptocurrency casinos are an increasingly popular way for many casino fans to play online. Sometimes called Bitcoin casinos after the most popular type of crypto of the same name, more and more crypto sites launch each year.
A great Bitcoin casino will offer:
Anonymous and secure online gambling, with little or no info required from the operator
Loads of different crypto options, from classic and popular coins like Bitcoin or Ethereum to stablecoins like Tether or meme coins like Doge
Exclusive Bitcoin or blockchain-based games, that can be provably fair
Larger welcome bonuses than online casinos from highly regulated markets
Best Bitcoin Casino Ranking
But how does a new crypto casino player get to know all that? Finding all the information, never mind the nuts-and-bolts clauses behind the scenes, can take a lot of time.
That’s why we assembled this list of top bitcoin casinos. Casinos come to us, and our expert reviewers look at every detail of the site before rating them. All, so you don’t have to. Easy!
So, what is the best bitcoin casino we’ve looked at then? Well, you can see below for our expertly assembled top list.
However – some things are not exactly quantifiable. The best Bitcoin casinos have unique aspects to them, so you can’t necessarily say which single ones are the best!
Generally, we tried to put our top list in order. But, for example, some sites will focus on exclusive Bitcoin casino games – while others will have more games from traditional providers. Others might have the biggest welcome bonus, but they don’t offer so many crypto casino games to use with.
Swings and roundabouts. Anyway, any casino on our top list is at least worth checking out for one reason or another!
Take a look today for a comprehensive list of the best bitcoin gambling sites available right now.
Wherever you are in the world, whether you’re looking for the best bitcoin casinos in Ghana or the best Ethereum casino in New Zealand – our international options have you covered.
Just take a look on the best bitcoin casinos overall:
7Bit Casino – over 1500 games from a very reputable operator
Bitstarz – Hugely popular site with in-house crypto purchases
WildTornado – Over 6000 games and a unique loyalty scheme
mBit – Loads of games and bonuses with fair terms
KatsuBet – Over 3000 slot games available
Bitcoin Penguin – Try any and all games for free, no account needed
Crypto Wild – Crypto-only casino with exclusive blockchain games
Betplay – Unlicensed international option with lots of cryptos
Cloudbet – Huge range of cryptos and a truly massive welcome bonus
Betchain – Very well-designed site from a highly-regarded owner
* Play always responsible!
Take a look a little bit closer:
1. 7Bit Casino
Reasons to log in
7Bit Casino is our best crypto casino – run by international operator DAMA N.V
Massive welcome bonus with very fair terms and no hidden clauses
Impressive, modern website with over 1500+ crypto casino games
Facts about
7Bit Casino is an online crypto casino owned and operated by Dama N.V, with a Curaçao international gaming license. They also run loads of casinos licensed in super-regulated jurisdictions like the UK and the EU too.
7Bit has an absolutely huge welcome bonus offer. Namely, 100% matched up to 1.5BTC (potentially $20,000 or more). It has a wagering requirement of 40x, which for a crypto game, casino offer is about average. That means there’s still some serious value to be had here if you’re a clever (or lucky) player.
With that massive welcome bonus, you can play through some 1500+ games, including crypto casino slots, table games, lottery games and more. The whole site is super modern and well-designed, too, with a lot of different bonuses and loyalty options to explore. And that goes for both mobile and desktop, with no downloads required!
2. Bitstarz
Reasons to log in
Well-known bitcoin casino online, that has been operating since 2014 – well before cryptos took off
Over 2000 crypto casino games, from many of the world’s top developers
On-site and one-click crypto purchases via MoonPay – no need to visit an exchange
Facts about
BitStarz is one of the most, if not the most, known names of all Bitcoin online casinos. They’ve been operating for years and are now owned by respected operator Dama N.V too.
They have an excellently designed website, with over 2000+ games to choose from. That includes top global providers like Playson, Pragmatic Play, Spinomenal and many more.
The BitStarz welcome bonus is a bit hidden – with no banner advertising it on the main page or anything. Once you find it though, it offers a 100% match up to 1BTC with a 40x wagering. Plus, 180 free spins split into 9 days of 20.
You then get 50% matched up to 1BTC on your next three deposits too. All with the same terms!
Instead of choosing to heavily advertise the welcome bonus, Bitstarz focuses on bucket loads of tournaments, every single day of the week. From slots to live casino, to unique options like “SlotWars” Bitstarz is full of interesting ways to reward regular players.
And all of the tournament reward cash prizes are straight (crypto) cash – no wagering required. It can’t be underestimated how good that is to find when you play casino games with Bitcoin, and that’s a reason to visit Bitstarz all by itself.
3. WildTornado
Reasons to log in
Brand-new crypto casino for 2022 – but with a well-known owner
Absolutely loads of casino games, some 6000+
Very well-designed and modern website
Facts about
You won’t find many crypto gambling sites with as massive a game collection as WildTornado. You won’t even find many traditional online casinos with that kind of collection, either!
Those 6000 titles are mostly slots, but they also offer an excellent live casino collection too. You’ll find a lot of these games are from smaller developers too, so if you’re used to playing only the headline big-name games – WildTornado offers a nice change of pace!
If you want to play Bitcoin casino online – there are plenty of worse options than WildTornado! As well as that massive game collection, they have a decent range of bonuses and a brand-spanking-new website for 2022.
That means all the modern features, bells and whistles included, and it all works super smoothly on mobile with no download needed. Just boot up the WildTornado site in your mobile browser of choice, and you can play bitcoin casino games in minutes!
4. mBit Casino
Reasons to log in
Long-standing cryptocurrency casino, with a respected owner
Generous bonus system and loyalty program, with all kinds of promotions
Crypto-only site, so everything is catered to cryptocurrency players
Facts about
If you want to find your new favorite Bitcoin online casino game, you couldn’t do worse than mBit! This bitcoin gambling site is operated by respected Dama NV with a Curaçao license.
They have a very cool live chat system on the side of the main site page, which is where players can sit and chat about their bitcoin casino gambling exploits. Players can even tip others or make it rain – where everybody that’s active in the chat gets a bonus!
On top of that, mBit has one of the biggest ranges of casino bonuses out there. For example, you can get up to 1.5BTC matched and 1000 free spins on the welcome bonus alone! And that’s without reload bonuses, slot races, quiz games and exclusive bonuses for certain cryptos.
5. KatsuBet
Reasons to log in
Loads of games in their 3000-strong collection, including some of the best bitcoin slots
Reasonable deposit-match bonus with free spins
Play with many different cryptos at this Bitcoin Cash casino
Facts about
KatsuBet might sound like a type of curry – but is it hot enough to be one of the best bitcoin gambling sites? Maybe!
They certainly have a lot of games, with some 3000-plus slots alone. That’s a lot to sink your teeth into!
There are also tons of bonuses and offers here including free spins, deposit matches, slot tournaments and more. The terms are generally acceptable at KatsuBet, not the best in the world, but they’re workable and there is some value to be had here when gambling bitcoin.
6. BitcoinPenguin
Reasons to log in
Nice and modern website with no documentation required
Loads of cryptos with a very small minimum deposit on each
Try any and all games here for free, with no account
Facts about
Bitcoin Penguin is a crypto games casino with a decent range of casino titles to play and lots of cryptos to deposit with.
We’ll be straight up – they don’t have a proper license. But they’ve been operating for over 10 years without one. So, they must be doing something right to keep customers for that long!
Their site is very modern and done well, letting you play casinos with Bitcoin super easily. However, we would say one thing – it’s best you avoid the welcome bonus at Bitcoin Penguin.
It really does have some of the most restrictive, and difficult bonus terms of any casino on this list. This is a shame because a lot of the rest of this casino looks great and works smoothly.
But bonus hunters could definitely find better options on our list!
7. Crypto Wild
Reasons to log in
Crypto exclusive casino – meaning everything is geared towards gambling with Bitcoin and other cryptos
Gamble bitcoin with loads of bonuses including weekly cashback, reloads, free spins and more
Exclusive Bitcoin online gambling games from Betsoft
Facts about
Crypto Wild is focused exclusively on crypto gambling, meaning cryptocurrency players get great deals and offers. For example, you can get up to a whole BTC matched across your first three deposits. Sweet!
There are also a ton of other bonuses and promotions available on a weekly basis, including lots of tournaments for slot games.
However – Crypto Wild is missing out on some of the biggest slot game names. Their site looks fantastic on both mobile and desktop, but if you’re looking for the absolute most popular slot games on the market, you won’t find them here.
A lot of their slots collection comes from BetSoft, which is an excellent developer with a huge collection of unique slot games.
But players looking for the top progressive jackpots or most-famous titles in online casino gaming might consider another option from our top list of online Bitcoin casinos.
8. Betplay
Reasons to log in
Unique weekly cashback and loyalty rewards scheme
Loads of cryptos accepted including altcoins like Tron, Binance Coin or Monero
Exclusive bitcoin games like Aviator, Dice and Crash
Facts about
If you like Bitcoin online gambling, namely sports betting and casino gaming in one, Betplay might not be the option for you as there’s no sportsbook here.
But for players that enjoy slots and live casino games – there’s a lot to love at Betplay. Their range of exclusive Bitcoin and blockchain casino games is second-to-none. These certified fair blockchain-based titles could easily be the next evolution of online gambling. So, why not visit Betplay and try them today?
Speaking of Evolution, Betplay also offers a stacked live casino filled with all of Evolution’s top games for online gambling Bitcoin. HD-streamed roulette, baccarat or blackjack and incredible game show games await.
All completely backed with crypto-only gameplay, at this top bitcoin casino!
9. Cloudbet
Reasons to log in
A veteran crypto casino site that has been around since 2013
Absolutely loads of rarer and smaller crypto coins available to deposit with
Massive 100% up to 5BTC welcome bonus with no wagering – but it’s released over a year of play
Facts about:
Cloudbet is a top bitcoin casino that’s been on the scene since 2013. That’s quite a long time in the crypto world. They launched well before Bitcoin, or any other crypto was considered a mainstream way to pay for things online.
Throughout all this time, they’ve been doing things in their own way. For example, they don’t have a traditional welcome bonus!
Their welcome offer is totally huge, up to 5BTC! However, it is released to you in 0.1BTC chunks, still a fair amount, each time you hit a new level of the loyalty program.
This requires a bit of commitment to get the full whack, as you have to earn loyalty points to unlock it – 150 at a time.
However, it can end up as one of the most potentially valuable bonuses out there – as it only really has a 1x wagering requirement.
As well as all that, Cloudbet is also a top bitcoin games casino in general with loads of bitcoin casino software and payment methods – as well as classic casino games. Easy!
10. BetChain
Reasons to log in
New casino site from a respected international online bitcoin casino operator
Loads of different bonuses and rewards, from cashback to loyalty points
Lots of fiat currency deposit options as well as cryptos
Facts about
BetChain is quite a new crypto casino, but it’s one of the best crypto gambling sites in our opinion.
As well as being a respected operator with a slick, modern site, this is a mobile bitcoin casino too. (Most of them are, but BetChain was particularly good).
Simply boot up BetChain in your mobile browser of choice, and off you go. Super easy!
BetChain has some of the best Bitcoin slots you’ll find on the market in their collection too, with loads of exclusive games. Fear not if BTC casinos scare you though – BetChain has loads of fiat currency options for players all over the world too. And we mean loads, with literally 50+ different payment methods available for international players.
Play at Online Casino with Bitcoin
For some players, a casino Bitcoin deposit seems like an intimidating prospect. Luckily – the best crypto gambling sites in the modern era make it super easy for you to deposit and start playing.
1. Acquire your crypto
This is usually done through an exchange like Binance or Coinbase, although some banks and other financial institutions (like Revolut) also let you buy crypto too.
Some Bitcoin casino sites, read our top list above to find out which, even let you buy cryptos on-site. Platforms like MoonPay work with casinos, to offer you simple and convenient one-click crypto purchases without ever having to leave your Bitcoin live casino. Easy!
There may be some fees involved – but for that kind of convenience, you’ll probably find it worth it.
2. Send your crypto to the casino!
Simply visit the deposit page, find the casino’s wallet address and paste it into your third-party wallet along with the amount. That’s it.
From there, your transaction should be complete in just seconds – or maybe up to 5 minutes if you use Bitcoin. Alternative coins are often faster.
If you bought your crypto at your chosen BTC casino directly, you can skip this step.
3. Start playing bitcoin casino games!
Bitcoin Casino Games
The vast majority of popular online casino games from the past decade are also now available for players gambling with bitcoins and other cryptos.
However, depending on your country or casino of choice, some of the most well-known and popular choices might not be available. But if they are, you can deposit with cryptocurrency and play them for sure!
Bitcoin gambling games usually cover the following:
Slots;
Casino table Games;
Live casino games;
Lotteries;
Other games.
In the other category, you’ll find blockchain casino games. These are exclusively for Bitcoin or crypto gamblers, and they use blockchain technology to ensure that all bets are “probably fair” and processed in real-time on the blockchain.
Live casino Bitcoin games are not usually exclusive for crypto players, although a couple of online crypto casinos have invested in blockchain-based live games from up-and-coming developers.
The top existing providers like Evolution, Ezugi and Pragmatic Play all let you play with Bitcoin and other cryptos, however.
Bitcoin Gambling Sites
The very best bitcoin gambling sites will no doubt also have sports betting options packed in. The very best, at least! Obviously, some sites choose to focus on casino gambling, and that’s fine. But the very top operators usually know they can do both to a high standard!
Gambling crypto online should be a full-service package, from exclusive crypto-only games to special sports lines only for crypto players. International crypto casino players obviously love sports betting just as much as the regular market, so you’ll find loads of options for that on our site too.
Want to use Ethereum to bet on basketball? Dogecoin to bet on tennis, or Tether to bet on golf? With the crypto betting sites on our top list, you most definitely can!
You can also use your crypto to bet on esports too, bringing the modern online gambling world full circle!
Bitcoin Gambling in Europe
If you want to play at BTC gambling sites in Europe, you’ll almost always be looking at a site with a Curaçao Gaming Licence.
That’s because the major regulators (Sweden, UK, Malta) don’t like seeing players gamble with Bitcoin.
Why? Because it’s anonymous and decentralized. Big government agencies, usually aligned in interest with big banks, don’t like cryptocurrency projects as it takes them out of the equation – bringing transactional power directly back to the consumer.
So, you’re unlikely to find a casino with bitcoin that is fully licensed in Europe. Of course, that doesn’t mean there aren’t loads of trusted and reputable operators offering you the chance to play casino games with Bitcoin and other cryptos.
For example, our top list includes no less than four casinos operated by Dama NV – an operator who also runs traditional online casinos licensed in the UK and Malta.
Other operators might not have the same pedigree, but you’ll find bitcoin casino sites that’ve been around for 10+ years on our list. This is usually a sign of a fully trusted and reputable operator, as they wouldn’t have been able to sustain themselves in the game for so long if they were treating customers badly.
Bitcoin Gambling in the USA
You won’t find online casinos that accept Bitcoin from any of the legal US states. Federal and State governments like cryptos even less than European governments do.
So, if you’re looking for the best bitcoin gambling you can get in the USA – Curaçao licensed sites are still your best bet.
However, online gambling has been a grey area for so long in the US that you will find so-called “offshore” operators that have been around for years. Many of these have now seen the light and allow players to gamble with Bitcoin, as well as traditional fiat currency methods.
Sites like Bovada and BetOnline have been around for years, serving US players. Of course, they want to get on with bitcoin casino gambling, as it simply makes sense. These sites have often seen trouble from payment and bank card providers like VISA or PayPal, so it’s only natural that they would want to bypass them entirely by becoming an online crypto casino instead!
Unlike in Europe, many of these casinos will also be based not too far away from the USA – literally “offshore”, with many based in Panama or Curaçao. That means fewer waiting times for international customers when talking to support, and you’re also less likely to find your favourite online crypto casinos are down for maintenance during your prime playing hours! Easy.
Conclusion: Be specific with your Bitcoins!
Although Bitcoins, cryptocurrencies and online crypto gaming are super-safe and anonymous – there’s never going to be absolutely zero risk.
Part of the appeal of online casino crypto deposits is that banks and other third parties don’t need to be involved. So, the whole process is freer and less restrictive. However, that also means there’s no one to fall back on if you make a mistake.
Send your Bitcoins to the wrong wallet address? Accidentally, send too much?
Well – with crypto, there’s no way of getting them back. Oops! So be careful. You only want to work with reputable operators, who make sure to set everything out for you. There also might be fees at various steps with crypto, such as cashing out or purchasing them in the first place, so you want to pick a bitcoin casino site with free crypto banking if possible!
Such as? Well, the ones on our top list of the best bitcoin casino sites to start with. How’s that for convenience?
* Responsible Gaming
As long-term players and enjoyers of gambling as a hobby, all of our team are committed to encouraging responsible gambling. Everybody has a budget, and you should stick to it! If gambling is no longer just fun for you or causing problems in your life – there are plenty of ways you can get help online. We suggest you do that!
* Disclaimer: Some of these casino reviews feature sponsored content. Anonymous crypto gambling may be illegal in your jurisdiction, and it is up to the customer to check they are allowed to participate before making an account. All views expressed here do not necessarily reflect the personal views of our team or site.
The price of Axie Infinity (AXS) has struggled recently with a few bullish signs against Tether (USDT) despite market sentiments around the project.
As a result of the “Merge” sentiments, this has led to many altcoins showing relief rallies and newer altcoins making all-time highs; the price of Axie Infinity has struggled to rally despite many expectations on AXS holders.
The Merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) to increase its network efficiency in transactions. (Data feeds from Binance)
Axie Infinity (AXS) Price Analysis On The Weekly Chart
Weekly AXS Price Chart | Source: AXSUSDT On Tradingview.com
From the chart, the price of AXS saw a weekly low of around $14.2, which bounced from that area and rallied to a price of $18.
The price has built more momentum as it faces resistance at $19.3.
If the price of AXS on the weekly chart continues with this structure, it could quickly revisit $18, acting as a good support area for buy bids.
Weekly resistance for the price of AXS – $19.3.
Weekly support for the price of AXS – $14.
Price Analysis Of AXS On The Daily (1D) Chart
Daily AXS Price Chart | Source: AXSUSDT On Tradingview.com
The price of AXS found strong support at around $17.5, which seems to be an area of interest on the daily chart.
AXS bounced from its support and has rallied as it faces resistance at $19.3. The price of AXS has continued to range in a channel; breaking out of this channel could send the price of AXS to $28.
At the point of writing, the price of AXS is $19.27, above the 50 Exponential Moving Average (EMA) with a price of $17.5.
If the price of AXS holds the support of $17.5 successfully, we could see the price trending higher with a successful breakout of the channel; if the price of AXS gets rejected, $17.5, which corresponds with 50 EMA, will be good support for buys.
The Relative Strength Index (RSI) for the price of AXS on the daily chart is above 55, indicating healthy buy bids for AXS.
Daily (1D) resistance for AXS price – $19.3.
Daily (1D) support for AXS price – $17.5.
Price Analysis OF AXS On The Four-Hourly (4H) Chart
Four-Hourly AXS Price Chart | Source: AXSUSDT On Tradingview.com
The price of AXS has continued to range in a channel having resistance at $19.3.
AXS is trading above the 50 and 200 EMA with prices of $18.4 and $17.3, acting as its support on the 4H chart should the price of AXS gets rejected due to the weekend sell-off.
If the price of AXS holds above the support of 18.4 with the good volume, we could see prices trending and breaking out of the range channel. If AXS experiences a sell-off, 50 and 200 EMA prices would support AXS prices.
Four-Hourly (4H) resistance for AXS price – $19.3.
Four-Hourly (4H) support for AXS price – $18.4, $17.3.
Featured image from Coin News, Charts from TradingView.com
Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses.
A Tornado Cash developer was apprehended in the Netherlands yesterday.
The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has sanctioned crypto mixer Tornado Cash, dealing a blow to the crypto sector. Several Twitter users have reported that the major DeFi lender Aave has begun banning addresses linked to Tornado Cash.
Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses. Platforms like Uniswap, Aave, and Balancer within the DeFi ecosystem have responded by freezing Tornado Cash-funded accounts.
Aave has been blocking the wallet addresses of notable users including Justin Sun (Tron’s creator), Sassal0x, and Shixing Mao (co-founder of Cobo crypto custodian). Over 600 addresses, including those of famous people and centralized exchanges, have received 0.1 ETH from the Tornado Cash 0.1 ETH contract, as reported by PeckShieldAlert.
Decentralization at Risk?
Because several DeFi systems have blacklisted addresses, including Aave, Uniswap, Balancer, dYdX, Alchemy, and Infura, the concept of “decentralization in DeFi” has gained negative attention. Even popular websites like Discord and Github have discontinued the crypto mixer-related services.
It poses a serious threat to the concept of decentralization. These blockchain-centric businesses are not subject to any government oversight. The whole idea of decentralization is undermined when people freely share information or conform to the law without oversight.
Furthermore, a Tornado Cash developer was apprehended in the Netherlands yesterday. Since just the wallet’s interface is being banned by the Dapps, users may still access it by simply switching to a different front end. It is unclear, however, whether or not these addresses would be blocked by DeFi platforms’ smart contracts.
After the Office of Foreign Assets Control of the United States, Treasury Department put Tornado Cash on its Specially Designated National list, it was quickly forbidden by numerous businesses and organizations.
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Data shows a large amount of leverage has been piling up in the Ethereum futures market as the price of the crypto breaks above $2k.
Ethereum Open Interest Surges To Highest Value In Last 4 Months
As pointed out by an analyst in a CryptoQuant post, the ETH futures market has seen the leverage sharply going up recently.
The “open interest” is an indicator that measures the total number of Ethereum futures contracts currently open in all derivatives exchanges.
When the value of this metric rises up, it means investors are opening up more positions on the market right now. Since more futures positions imply that leverage is also going up in the market, such a trend can lead to higher volatility in the price of the coin.
On the other hand, lowering values of the indicator suggest holders are closing up their positions at the moment. This kind of trend can result in a less volatile value of ETH.
Now, here is a chart that shows the trend in the Ethereum open interest over the course of 2022 so far:
Looks like the value of the metric has shot up in recent days | Source: CryptoQuant
As you can see in the above graph, the Ethereum open interest has observed some sharp uptrend during the past couple of weeks.
The indicator has now reached a value of 7.4 billion, the highest it has seen during the last four months. However, there is an interesting comparison here.
Around 4 months ago, when such values were previously observed, the price of ETH was about $3.3k. But today the price is just $2k, around $1.3k less than it was back then.
And yet, the open interest is at the same level, meaning the Ethereum market might be having the same degree of leverage this time as well, while the price is much lower.
When especially high leverage accumulates in the futures market, any sharp swing in the price can liquidate a large number of positions at once. These liquidations then further amplify this price move, which liquidates more positions.
In this way, liquidations can cascade together, and the event is called a “liquidation squeeze.” This is the reason behind the volatility of an overleveraged market.
If a long squeeze does end up taking place this time, then the latest rally in the value of ETH may hit the breaks.
ETH Price
At the time of writing, Ethereum’s price floats around $1.9k, up 5% in the past week.
The value of ETH seems to have gone up during the last few days | Source: ETHUSD on TradingView
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com
The price fell when a mysterious wallet dumped a large quantity of the cryptocurrency.
Martin Shkreli Inu has been linked to the Web3 venture Druglike.
The new cryptocurrency token created by Martin Shkreli looks to have been abandoned. The value of Martin Shkreli Inu, a cryptocurrency established last month by the infamous “Pharma Bro,” which was once worth fractions of a cent, dropped by more than 90% on Friday, according to statistics from Binance. The price fell when a mysterious wallet, assumed to belong to Shkreli, dumped a large quantity of the cryptocurrency.
When asked about the drop on the messaging app Discord, a user assumed to be Shkreli replied, “I was hacked.” When asked for comment, a Shkreli spokesman refused.
Based on data compiled by blockchain analytics firm Etherscan, it seems that early on Friday morning, a cryptocurrency wallet account with the name 0xshkreli.eth transferred more than 160 billion tokens to an unknown wallet. As of Friday afternoon, the token lost over 60% of its value.
Drawback or Vulnerability?
Martin Shkreli Inu has been linked to the Web3 venture “Druglike,” which Shkreli unveiled in July. He defined it as an online hub for information relevant to “early stage drug discovery projects.”
After spending time for securities fraud, Shkreli, known for increasing the price of potentially life-saving medicine, was released from jail earlier this year. When a crypto project’s team artificially inflates the price of its token and then disappears with the money, they are committing a rug pull.
To pull a rug, dishonest developers create a new cryptocurrency token, artificially inflate its price, and then cash out before the token’s value collapses to zero. A rug pull is an example of an exit scam and a decentralized finance (DeFi) vulnerability.
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Bullish IOST price prediction is $0.01714 to $0.08729.
IOST (IOST) price might also reach $0.1 soon.
Bearish IOST price prediction for 2022 is $0.01189.
In IOST (IOST) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about IOST to analyze the future movement of the cryptocurrency.
IOST (IOST) Current Market Status
According to CoinGecko, the price of IOST (IOST) is $0.01620526 with a 24-hour trading volume of $23,476,659 at the time of writing. However, IOST has decreased by nearly 2.8% in the last 24 hours.
Moreover, IOST (IOST) has a circulating supply of 23,371,990,680 IOST. IOST (IOST) trades in cryptocurrency exchanges such as Binance, OKX, DigiFinex, FMFW.io, KuCoin.
IOST (IOST) Price Prediction 2022
IOST (IOST) holds the 128th position on CoinGecko right now. IOST price prediction 2021 is explained below with a daily time frame.
The above chart of IOST (IOST) laid out a Horizontal channel pattern, also known as sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.
Currently, IOST (IOST) is in the range of $0.01631. If the pattern continues, the price of IOST might reach the resistance levels of $0.01735 and $0.02631 .If the trend reverses, then the price of IOST may fall to $0.01463 and $0.01237.
IOST (IOST) Support and Resistance Level
The chart below shows the support and resistance levels of IOST (IOST).
IOST/USDT Support and Resistance Level (Source: TradingView)
From the above chart, it observed that the following are the resistance and support levels of IOST.
Resistance Level 1
$0.01714
Resistance Level 2
$0.02666
Resistance Level 3
$0.03868
Resistance Level 4
$0.05733
Resistance Level 5
$0.08729
Support Level
$0.01189
IOST /USDT Support and Resistance Levels (Source: Tradingview)
The charts show that IOST (IOST) has performed a bullish trend over the past month. If this trend continues, IOST might run along with the bulls overtaking its resistance level at $0.08729
Accordingly, if the investors turn against crypto, the price of IOST (IOST) might plummet to almost $0.01189, a bearish signal.
IOST (IOST) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of IOST (IOST) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of IOST lies below the cutoff line, indicating weak participants in the current trend.
IOST /USDT RVOL, MA, RSI (Source: Tradingview)
Also, the Moving Average (MA) of IOST (IOST) is shown in the chart above. Notably, IOST (IOST) price lies above 50 MA (short-term), so it is in an uptrend. Currently, IOST has entered a bullish state. Therefore, there is a possibility of a reversal trend of IOST at any time.
Meanwhile, the relative strength index (RSI) of the IOST is 62.85. This means that IOST (IOST) is in an overbought state. However, this means a major price reversal of IOST may occur in the upcoming days. So, traders need to trade carefully.
IOST (IOST) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of IOST (IOST). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
IOST /USDT ADX, RVI (Source: Tradingview)
The above chart represents the ADX of IOST (IOST). Currently, the ADX of IOST lies in the range of 41.39179 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of IOST (IOST). RVI measures the constant deviation of price changes over a period of time. The RVI of IOST lies above 50, indicating high volatility. In fact, the RSI of IOST (IOST) is at 61.54 thus confirming a potential sell signal.
Comparison of IOST with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and IOST (IOST).
BTC Vs ETH Vs IOST Price Comparison (Source: Tradingview)
From the above chart, we can interpret that the price action of IOST is similar to BTC and ETH . This indicates that when the price of BTC and ETH increases or decreases the price of IOST also increases or decreases respectively.
IOST (IOST) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, IOST (IOST)might probably attain $0.3 by 2023.
IOST (IOST) Price Prediction 2024
With several upgrades in the network, IOST (IOST) might enter a bullish trajectory. If the coin grabs the attention of major investors, IOST might rally to hit $0.5 by 2024.
IOST (IOST) Price Prediction 2025
If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, IOST would rally to hit $0.7.
IOST (IOST) Price Prediction 2026
If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, IOST would rally to hit $0.9.
IOST (IOST) Price Prediction 2027
If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, IOST would rally to hit $1.
IOST (IOST) Price Prediction 2028
IOST (IOST) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, IOST would hit $3. in 2028.
IOST (IOST) Price Prediction 2029
If investors flock in and continue to place their bets on IOST (IOST), it would witness major spikes. IOST might hit $5 by 2029.
IOST (IOST) Price Prediction 2030
With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in IOST for the next 8 years and drive significant price rallies for the token. Hence, IOST (IOST) might hit $7 by 2030.
Conclusion
With continuous improvements in the IOSTNetwork, we can say that 2022 is a good year for IOST. For this reason, the bullish price prediction of IOST (IOST) in 2022 is $0.08729. On the other hand, the bearish price prediction of IOST (IOST) price prediction for 2022 is $0.01189.
Furthermore, with the advancements and upgrades to the Basic Attention Tokenecosystem, the performance of IOST would help to reach above its current all-time high (ATH) of $0.129829 very soon. But, it might also reach $0.1 if the investors believe that IOST is a good investment in 2022.
FAQ
1. What is IOST (IOST)?
IOST stands for Internet of Service Token. It is a self-possessed ultra-fast, fully-fledged and decentralized blockchain network. IOST’s blockchain network is open-source and designed to be secure and scalable.
2. Where can you purchase IOST (IOST)?
IOST (IOST) has been listed on many crypto exchanges which includeBinance, OKX, DigiFinex, FMFW.io, KuCoin.
3. Will IOST (IOST) reach a new ATH soon?
With the ongoing developments and upgrades within the Basic Attention Token Platform, IOST has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of IOST (IOST)?
On January 24, 2018 IOST (IOST) reached its new all-time high (ATH) of $0.129829.
5.Is IOST (IOST) a good investment in 2022?
IOST (IOST) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Basic Attention Token In the past few months, IOST is considered a good investment in 2022.
6. Can IOST (IOST) reach $0.1?
IOST (IOST) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then IOST (IOST) will hit $0.1soon.
7. What will be IOST (IOST) price by 2023?
Flamingo (FLM) price is expected to reach $3 by 2023. IOST (IOST) price is expected to reach $0.3 by 2023.
8. What will be IOST (IOST) price by 2024?
IOST (IOST)price is expected to reach $0.5 by 2024.
9. What will be IOST (IOST) price by 2025?
IOST (IOST) price is expected to reach $0.7 by 2025.
10.What will be IOST (IOST) price by 2026?
IOST (IOST) price is expected to reach $0.9 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Binance traced and frozen or recovered 83% of the siphoned funds.
Curve.Finance is more likely to switch over to ENS post this hack.
Malicious hacks and money laundering in the DeFi space are now in full swing. Curve.Finance, one of the top DeFi protocols, turned out to be the recent victim of nearly a $570k hack. On Friday, Binance CEO Changpeng Zhao revealed that the exchange had frozen or recovered $450,000 of the stolen funds.
Binance froze/recovered $450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return the funds to the users. The hacker kept on sending the funds to Binance in different ways, thinking we can’t catch it. 😂#SAFU https://t.co/Ekea9moeAw
Hackers of this Curve DNS hijack have dumped the stolen funds majorly on Binance to convert them into other tokens. This largest crypto exchange seems to have succeeded in tracing out the activities of the hackers. CZ also announced that Binance is working closely with Law Enforcement to return the funds to the users who were exposed to this hack.
On August 10, Curve.Finance’s nameserver “curve.fi” was subjected to DNS cache poisoning due to its exposure to a malicious contract from the hackers. This frontend hijack drained nearly $570,000 from the user’s wallet.
The Curve.Finance developers managed to fix this issue a few hours post the attack. After resolving the issue, the developers alarmed their users to “revoke contracts”. They also warned the users not to fall into the traps of fake accounts that continue to dupe Curve Finance.
This malicious attack on the largest DeFi protocol, Curve.Fiance, alerts the other protocols to switch from the vulnerable DNS server to the Ethereum Name Service (ENS) to withstand in the web3 space.