| Get Ready for Halloween at dPlay! If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active uer at FreeBitco.in. Your User ID 4327909 was last active on 2022-10-18.  LAST WEEK IN CRYPTO Hello FreeBitco.in Users! Let's take a look at what happened Last Week in Crypto: ➤ A Flat Week for BTC Bitcoin Stays Incredibly Flat, ''Discount to Hash Rate'' Highest Since Q1 2020 BTC | BITCOIN $19287.00 -0.13%  The US stock markets recovered ground last week, however, it had little to no impact on Bitcoin - the largest crypto by market cap stayed unwaveringly flat throughout the week, and looks to close in the low-$19,000s. There are 'theoretical' positives, though. According to some analysts, Bitcoin's hash rate should rise relative to its price. At the moment, BTC's relative discount to its hash rate is the highest it has been since Q1 2020. According to Mike McGlone, senior commodity strategist at Bloomberg Intelligence, the 10-day average hash rate in October points to a price of $70,000, however, BTC trades at $19,200. Last time this happened, we saw a meteoric rise, and McGlone believes Bitcoin could soon regain its tendency to outperform most other assets. At the moment, the 50DMA is immediate resistance, and a recapture of the level could trigger a short-term rally. However, exiting the current malaise is the top priority for bulls and bears both. Halloween Week Kicks Off at dPlay Casino FUN | FUNToken $0.007300 +0.14%  The mad scientists at dPlay Casino have whipped up a spook-tacular week for FreeBitco.in users - it's Halloween at dPlay! From Oct. 20 to Oct. 31, the Evoplay Spooky Boo-rnament is ongoing on the website. Play eligible games, and win a share of the EUR 15,000. Furthermore, several new halloween-themed games have been added to the roster, including Joker's Charms - Halloween, Baba Yaga Tales, Halloween Bonanza, and Book of Horror, provided by Spinomenal and BGAMING. Head over to dPlay Casino, and make the most of Spook-tober. DOWNLOAD XFUN WALLET   CRYPTO NEWS WEEKLY ROUNDUP Indian E-commerce Giant Launches Metaverse Space for Consumers  Flipkart, the second-largest e-commerce company in India, is now allowing customers to discover products in the metaverse. The e-commerce giant launched the 'Flipverse' on Oct. 17, aiming to digitally integrate online and offline shopping experiences. The Flipverse has been developed in collaboration with eDAO, an organization backed by Polygon. The Flipverse allows users to create a metaverse avatar to go virtual shopping. It will also feature contests, exclusive brand offers, and unique digital collectibles. This new environment is available at FireDrops, Flipkart's new platform. Brands like Puma and Nivea have been announced to be part of Flipverse. Flipkart boasts over 200 million monthly active users, and this project could draw large numbers to Web3. South Korea Further Embraces Blockchain With Blockchain-Based Digital ID for Citizens  South Korea continues to harness blockchain technology to create unique applications. As soon as 2024, South Korean citizens will be able to use blockchain-based digital identification instead of physical cards. The government has a plan to embed digital IDs within an app on mobile devices in the future. Reportedly, the digital IDs could be used in finance, healthcare, taxes, and transportation too. The blockchain-based digital ID system is set to be launched in 2024, and around 45 million citizens are expected to adopt it within two years. STAY TUNED FOR THE LATEST NEWS EVERY WEEK Keep an eye on your inbox for your weekly dose of cryptocurrency news, updates, trends, analysis, and more. 
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BTC Discount to Hash Rate Highest Since Q1 2020
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