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Bitcoin Increased and Broke the $18k Barrier

By November 21, 2020May 7th, 2021One Comment

Anyone who missed the news that Bitcoin increased in price and broke the $18k barrier must be living under the rock. If you are crypto enthusiast, you have probably been waiting for this increase in price for some time now. Many analysts claimed that this tremendous Bitcoin increase in price would happen. If you haven’t taken this into consideration, now is the perfect time. Explore the options for depositing and withdrawing in cryptos. Before you start playing, continue reading for an update and more details.

Who is Piling Up on Bitcoin?

I think that all of us have heard many times that Bitcoin is the currency of the future. Has the future arrived, that’s the question? It had its ups and downs and will most probably continue to fluctuate. However, at this point many agree that this recent Bitcoin increase is important.

Bitcoin block reward halving happened in May this year. What happened next is interesting. Namely, its price increased by roughly 110% since May. At the moment of writing of this text the price is $18,324.50.

Institutional investors showed great interest and according to cointelegraph.com they left only 3.4M Bitcoin for individual buyers. The funds held by institutional investors are considered illiquid. The other wallets we can consider liquid, or trader-held wallets. Apparently, institutions hold the BTC while sending only 25% of the BTC which they received.  What does the fact that institutional investors are holding the Bitcoin tell you?

To help you answer that question, we remind you that Chainalysis reportedly stated the following:

“From high-profile investors like hedge fund manager Paul Tudor Jones, who compared buying Bitcoin to investing early in Apple or Google, to corporations like Square, which invested $50 million or 1% of its total assets in Bitcoin, mainstream companies, and financial institutions are turning to Bitcoin.”

Casino Brango’s Crypto Promotion Offer

You may be a fan of Bitcoin, or some other cryptocurrency. Either way, it would be a shame not to check out the Casino Brango’s Crypto Promotion Offer. Especially in these times when we are witnessing the rapid Bitcoin increase.

In a nutshell, our bet safe and crypto accepted Brango Casino is prepared to offer 200% Crypto + 75 Spins on your first crypto deposit. This would also allow you to withdraw instantly upon playing with boosted amount and potentially winning your share of the Bitcoins.

Once you have your e-wallet set up, all you need to do is the following:

  • Register or Login
  • Click on the cashier button in the lobby
  • Click on the coupons tab in the cashier
  • Enter the coupon code 200COINS and click on redeem coupon button
  • You can now make your deposit between $/€20 and $/€200 and receive your 200% Bonus + 75 Spins.

For more details regarding this offer, check out the Promotions page. Take care and enjoy playing!

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One Comment

  • Ray Sandoval says:

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    -Raceandoval

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