The top cryptocurrencies for the week of June 13th
As bitcoin flirts with lows that we haven’t seen since February, it’s worth taking a look at one of the key causes. In case you haven’t been paying attention, the South Korean cryptocurrency exchange Cointrail announced on Sunday that their system was hacked. While 30 percent of Contrail’s coins were stolen, it’s not as bad as it sounds when you consider that the exchange is relatively small.
Of course, markets not only like to panic but fear tends to bring about even more fear. Yet if you’ve spent any time following bitcoin, you know that sentiment can turn on a dime. Glance at any short-term or long-term chart and it’s impossible to ignore the volatility. At the end of the day. so called cyber intrusion should lead to more regulation, increased oversight and better security for crypto currency options in general.
Whether or not you think the recent fall of bitcoin and other cryptocurrency options is overblown, it’s nice to know that you can put your blockchain assets to use whenever you want at Americas Cardroom. We welcome over 60 different cryptos. Whether you are depositing funds or cashing out your winnings, you can count on us to support your favorites.
Here are the top five cryptocurrencies used at Americas Cardroom last week:
It’s worth getting to know Litecoin. With a market cap of over $300 Million, even after recent drops, Litecoin is the 6th most valuable cryptocurrency by a mile. While it’s similar to Bitcoin, Litecoin is faster and cheaper for end users.
No matter which form of payment you prefer, it’s simple to start enjoying cryptocurrency poker at Americas Cardroom today. Not only do we offer exciting tournaments and cash games around the clock, but you can receive our welcome package if you’re a new player.
Learn about how you can claim a bitcoin poker bonus here.