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$78 Billion Dollar Book Industry

Josh Haines
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$78 Billion Dollar Book Industry

Over 700,000,000 books are sold in the USA alone. And up to 4,000,000 new books are published each year between traditionally published books and self published.

We looked into how many of the published books actually sell and how much the average author can actually expect to earn and share the surprising statistics. We’ll start with the bad and end off on the bright side of things:

  • On average a published book will sell only between 250 and 500 copies.
  • About 30% of self published authors earn less than $500 royalties per year.
  • About 20% of self published authors have never made any profits from their books.
  • About 0.5% of all published books have sold more than 100,000 copies.
  • About 90% of self published books will sell less than 100 times.

Here is the good news:

  • Over 2 billion books are sold yearly worldwide. It is an enormous industry and growing rapidly.
  • Harry Potter books have sold over 500,000,000 times.
  • Over 1,000 US authors made over $100,000 last year on Amazon alone.
  • Over 3,000 authors in the USA earn $25,000 on a yearly basis.
  • 3% sold more than 5,000 copies in the first year.
  • 7% sell more than 10,000 copies in the first year.

So as you can see becoming an author can be a viable option, but we would not recommend quitting your day job and writing full time. Rather starting at it as a second side line activity and building it up over time. But like any job or business, writing and publishing books will take time and dedication.

If you are an aspiring author and not sure where to start, a good company to look into is called Self Publishing Titans. They have lots of tools and resources that are used by more than 100,000 authors on a monthly basis. Corvin Van Stone the Founder and his wife Cleo have also self published books and have to date sold more than 150,000 copies.

Retirement on Your Terms: Tailoring IRA Investments to Fit Your Goals

Josh Haines
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Retirement on Your Terms: Tailoring IRA Investments to Fit Your Goals

Are you looking to ensure your retirement years are as comfortable, worry-free, and rewarding as possible? Investing through an Individual Retirement Account (IRA) is a great way to set yourself up for later-life financial security. With the right strategy based on your lifestyle and needs, it’s possible to tailor the investments you make with your IRA to best match your long-term goals. 

In this article, we’ll discuss how you can customize a thoughtful plan that works in tandem with investment options offered by an IRA—keeping both short-term and long-term objectives in mind.

Evaluate Your Current Financial Situation

Retirement is a topic that requires thoughtful consideration and financial planning. To retire on your terms, evaluating your current financial situation is vital. An objective look at your finances can help you create a clear roadmap to your retirement goals. One option to consider is investing in Gold. Gold is a safe-haven asset that has historically held its value and purchasing power. 

By incorporating Gold in your retirement portfolio, you can shield yourself from economic volatility and inflation. It’s always early enough to start investing in your retirement. By assessing your current financial situation and exploring various investment options, you can take control of your retirement future and create the lifestyle you desire. At https://goldirablueprint.com/invest-in-gold/, you can find more information on gold investments.

Establish Retirement Goals

Once you have a comprehensive view of your financial situation, it’s time to set retirement goals. Remember that retirement is much more than money—you’ll need to consider where you want to live, what kind of lifestyle you wish to lead, and how often you’d like to travel. 

When creating your retirement plan, be realistic about what you can achieve. Your retirement goals should be specific and achievable. If you’re looking to retire at a certain age, make sure you are allocating enough money into your IRA so that it will provide for your needs in the future. Additionally, consider adjusting your contributions if necessary—you want to ensure that your investment grows sufficiently each year. 

Understand the Different IRA Options

A variety of IRA investment options are available once you have identified your goals and evaluated your current financial status. Traditional IRAs can provide tax-deferred savings, saving you more money for retirement each year. Meanwhile, Roth IRAs allow for after-tax contributions, ensuring that withdrawals from the account will be free from federal taxes. 

Knowing which type of IRA best fits your goals and retirement plan is vital in deciding which investments to make. Additionally, consider a self-directed IRA. With this option, you can choose from a wide range of investment options such as stocks, bonds, ETFs, mutual funds, and more—allowing you to diversify your portfolio while building wealth for retirement. 

Invest Wisely

Once you better understand the different IRA options and have identified your retirement goals, it’s time to start investing. Developing an investment strategy is essential before investing money into any asset or fund. Consider where the current market stands concerning your long-term objectives, and think about how much risk you can take with each investment decision—the key is to be prudent in your choices. 

It’s important to remember that only some strategies will guarantee success. That said, by researching and taking advantage of the various IRA options available, you can tailor a plan that most closely fits your retirement goals. 

Monitor Your Progress Regularly

Once you have an IRA and investment plan in place, monitoring your progress is essential. Keeping a close eye on the market will help you make any necessary adjustments as needed. Additionally, staying up-to-date with changes to tax regulations can ensure that you remain compliant and maximize your retirement savings. 

Finally, monitoring your progress doesn’t have to solely involve keeping an eye on the market. Consider scheduling regular meetings with a financial professional who can provide more insight into navigating the complexities of retirement investing and offer advice tailored to your specific situation. 

Get Professional Guidance if Needed

Investing for retirement can be a complex and intimidating endeavor. If you are uncertain about your investment strategy or need more personalized advice, consult an experienced financial professional. Having an objective third party on board can help ensure that your investments align with your established goals. 

With professional guidance, you can better understand the different IRA options available and how best to use them. Working with a financial advisor can also help you stay on top of tax regulations and develop an investment strategy for both short-term and long-term growth. 

How to Maximize Your Retirement Savings

Customizing an IRA plan that meets your short-term and long-term objectives is critical to maximizing your retirement savings. Start by taking inventory of your current financial situation and evaluating the types of IRA investments available based on risk, returns, and costs. You can develop a strategy for your lifestyle needs and retirement goals from there. 

Remember that investing for retirement isn’t something to take lightly. Feel free to seek professional guidance if you’re feeling overwhelmed or need assistance. With the proper planning and focus, your retirement can be worry-free and secure. By taking the time to carefully plan out your retirement years, you can ensure that you have a comfortable and secure financial future.

Why Choose Investment Trusts With Diversification

Josh Haines
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Why Choose Investment Trusts With Diversification

Investing wisely is a journey that requires strategic thinking and careful planning. One of the most crucial principles that investors rely upon is diversification. This approach involves spreading your investments across various assets to mitigate risk and enhance potential returns.

Investment trusts with diversification emerge as a powerful tool when it comes to achieving diversification effectively. In this article, we’ll delve into the reasons why opting for investment trusts with diversification can be a game-changer for investors aiming to secure their financial future.

Unveiling Investment Trusts with Diversification

To truly understand the significance of investment trusts with diversification, let’s first grasp the concept of investment trusts. At their core, investment trusts are a type of collective investment vehicle. They pool resources from numerous investors to create a diversified portfolio of assets.

These assets can encompass an array of financial instruments, such as stocks, bonds, real estate, and more. What sets investment trusts apart is their status as closed-end funds. Unlike open-end funds (like mutual funds), investment trusts have a fixed number of shares available.

This enables fund managers to focus on the long-term performance of the underlying assets, free from the pressures of constant inflows and outflows of capital.

Diversification within the context of investment trusts is a carefully crafted strategy fund managers orchestrate. This strategy entails allocating investments across various sectors, industries, and geographic regions. This allocation aims to minimize the adverse impact of poor performance in a single investment, thus shielding the overall portfolio from potential devastation.

The Multifold Advantages of Investment Trusts with Diversification

1. Risk Mitigation: Safeguarding Your Investments

The fundamental advantage of investment trusts with diversification lies in spreading risk across a range of assets. Picture this: instead of putting all your eggs in one basket, you’re distributing them across multiple baskets.

If one of those baskets were to fall, you wouldn’t lose everything. Similarly, if one asset or sector experiences a downturn, the broader impact on your portfolio is cushioned, diminishing the potential for substantial losses.

This starkly contrasts with investing solely in a single company’s stock, where a poor performance could substantially blow your investment capital.

2. Steady Returns: Navigating Market Volatility

In investing, the turbulence of market volatility is an ever-present challenge. This is where the distinct advantage of investment trusts with diversification comes into play. These trusts act as stabilizers, offering investors a consistent stream of returns despite market fluctuations.

Picture a ship navigating through choppy waters. Just as a well-designed vessel cuts through waves, investment trusts with diverisification are engineered to navigate the ups and downs of financial markets.

By holding a diverse portfolio of assets spanning various sectors and industries, these trusts can buffer the impact of sudden market shifts. While individual assets might experience erratic movements, a diversified portfolio’s collective strength helps maintain a more balanced trajectory of returns.

In market turmoil, a concentrated investment could lead to a roller-coaster ride of gains and losses. In contrast, the diversified nature of these trusts ensures that even if certain assets encounter setbacks, the overall impact on your investment is cushioned. Regardless of market volatility, this capacity to provide steady returns is a hallmark of the resilience investment trusts with diversification bring to your financial journey.

3. Exposure to Different Sectors: Broadening Horizons

Investment landscapes are as diverse as the world itself, and the allure of investment trusts with diversification lies in their ability to unlock a world of opportunities. These trusts offer investors the chance to broaden their horizons by gaining exposure to many sectors and industries.

Imagine a treasure map with multiple trails leading to different riches. Similarly, investment trusts with diversification open up a treasure trove of sectors such as technology, healthcare, energy, and beyond. By investing across a spectrum of sectors, your portfolio isn’t tethered to the performance of a single industry. This strategic distribution dilutes risk, as a downturn in one sector is counterbalanced by potential growth in another.

This diversified approach mirrors the resilience of a well-built bridge capable of withstanding the challenges posed by economic fluctuations. Regardless of whether one sector is booming while another is slowing down, the cumulative effect of these investments mitigates extreme swings in your portfolio’s value.

4. Professional Management: Expert Guidance

Entrusting your investments to professionals who deeply understand the markets can be immensely beneficial. Investment trusts are managed by experts with the proficiency to select and manage a diversified portfolio. Their extensive knowledge and experience translate into well-informed investment decisions, helping you optimize your investment outcomes.

5. Time Efficiency: Streamlined Investment Process

Engaging in individual asset selection demands substantial time and research. Investment trusts, on the other hand, offer a shortcut. Through a single investment, you gain exposure to a variety of assets. This simplifies the investment process and frees up your time for other endeavors.

6. Global Diversification: Weathering Regional Storms

The global economy is intricately connected, making the impact of regional economic downturns far-reaching. Many investment trusts have a global orientation, allocating investments across various countries and regions. By doing so, they dilute the impact of localized economic hardships, enhancing your portfolio’s resilience.

7. Dividend Income: A Regular Financial Stream

Some investment trusts with diversification focus on generating income. These trusts invest in assets that offer consistent dividend payments. Consequently, regardless of market fluctuations, you’re provided with a steady and passive income stream.

In Conclusion

In an unpredictable financial landscape, diversification stands as a stalwart strategy. Investment trusts with diversification offer an all-encompassing solution for those pursuing a secure and balanced portfolio. By diffusing risk, enhancing returns, and tapping into professional expertise, these investment vehicles present an attractive option for individuals striving to fulfill their financial aspirations.

Before making any investment choices, conducting comprehensive research and factoring in your unique financial circumstances is paramount. If you navigate uncertain terrain, seeking advice from a financial advisor can provide tailored insights, guiding you toward decisions that align with your specific objectives.

Embrace the power of investment trusts with diversification and pave your way to a financially sound future—one that’s built on a solid foundation of risk management, steady returns, and expert guidance.

The Fishing Legacy of Steve Huff

Josh Haines
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The Fishing Legacy of Steve Huff

Every sport has its legends, and in modern fishing, few measure up to the titan that is Steve Huff. Described as “The Best Fishing Guide Alive” by websites like Garden and Gun, the 76-year-old has been guiding others in the sport for five and a half decades. Despite this hard work and dedication, Huff had long remained camera shy, at least until a new short film elucidated the appearance and character of this elusive master fisherman.

The Man, The Fish, The Legend

Simply titled HUFF – THE FILM, this caps-lock titled film touches on the history of Huff, and what drew him to what would become a lifelong passion. Based in the Florida Everglades, Huff became obsessed with the challenge that the area represented. Each day provided something new and complicated, where battling insects, heat, weather, and tide helped carve Huff from newcomer to world-renown expert.

In 2010, Huff became the first full-time fishing guide to enter the IGFA Fishing Hall of Fame. Both as a master of the sport and his work protecting the environment, Huff’s lifetime of work has many regarding him as the best there ever was. With a legend that will no doubt long outlive the man himself, some consider Huff the best there will ever be. It’s not an easy claim to live up to, but the notoriously humble Huff doesn’t concern himself with such labels.

Content to see himself as the luckiest man in the world, Huff has no plans for retirement, and with good reason. Long considered one of the most raw and elemental sports a human could engage in, fishing has experienced many of the same issues that other physical activities have in the digital age. The traditional ways of doing things have dipped from the status they once held, though ironically, the digital age could also be driving a resurgence toward this classic pursuit.

Attracting a New Age of Fishermen

On-demand is the way the modern world of entertainment works. Movies and music have both turned in this direction since the introduction of streaming, where users can get exactly what they want, when they want it. Fishing, as famous as it is, requires a considerable time investment, and the best-laid plans can be ruined by unexpected weather or travel complications. Digital games avoid this issue with their interpretations of fishing, but in doing so could also draw new players to the physical sport in significant numbers.

There are more video game players today than ever, and more of these players are willing to experiment with new genres than ever. We’ve seen this in titles like Euro Truck Simulator, and it’s increasingly becoming the case in fishing games too. Titles like Fishing: North Atlantic and Fishing Sim World: Pro Tour have drawn immense public attention, and they’re only getting bigger.

It’s not just the simulators that are drawing in players either, as arcade and casino titles have also proven some of the most popular in the modern age. Blue Bubble Reels routinely find themselves in the most-played casino games list for mobile and desktop players. Fusing fishing with classic slot gameplay, even in such a stylised way, creates a link that sticks in players’ minds, improving the odds of jumping into the real sport down the line.

Steve Huff is a rare legend, with his work and legacy keeping the sport alive and well. Though urbanisation and instant gratification might have once created concerns for the future of fishing, these concerns might have been overstated. Thanks to modern games and Huff’s enduring legend, fishing could be poised for a resurgence, and for staying true to our roots, that’s a very good thing.

Top 5 call tracking tactics in 2023

Josh Haines
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Top 5 call tracking tactics in 2023

Call tracking is one of the most effective tools when it comes to improving your marketing efforts, which is why so many businesses are incorporating it.

However, obtaining call tracking is only the beginning.

To bring the most significant improvements to your marketing, you need to find the right tactics when using the software.

Content marketing

One effective tactic is to use call tracking software for your content marketing. This will allow you to produce the most engaging content for all your campaigns, driven by key insights.

The software will help you delve into your customers’ content preferences by showing you things like the number of conversions being generated by each campaign.

This can highlight the stronger content in your marketing strategies – whether it be a certain tone of voice or a particular subject that’s driving the calls.

You can then replicate this type of content in your other activities, knowing that the data has proven it to be favourable among your customers.

Leveraging data

In today’s ever-changing markets, leveraging data is one of the most important ways to stay on top of customer trends. Call tracking can help you identify these patterns in customer behaviour and align your marketing strategies closely with them.

You can use the software to discover things like customer needs surrounding your products. You might identify an increase in visits to certain campaigns that revolve around your product usage or specifications, for example.

This can highlight a growing trend in customers’ desire to learn more about your products – it could be a new launch on your part that’s got them intrigued.

As a result, you can alter your campaigns to focus on these aspects, therefore increasing your leads and funnelling customers more effectively to a call.

Interactive campaigns

Another great tactic to help you improve your marketing with call tracking is to enhance your interactive campaigns.

These campaigns provide a more immersive experience for your customers, not only piquing their interest but making them more likely to call. As well as this, it provides a way for call tracking to monitor your valuable leads.

You can incorporate things like surveys, polls, quizzes, or forms in your campaigns. The software can reveal the number of conversions being generated from each interaction, to help you refine which interactive campaigns are most effective.

Paid advertising

Using call tracking for your paid advertising is another great tactic to implement.

The software can track the number of conversions being generated from each of your pay-per-click- (PPC) ads, to show which are most successful at driving calls.

In turn, you can redirect the majority of your resources to the most effective PPC ads, to create a more cost-effective paid media strategy.

The software can also show the specific keywords being searched by visitors, which you can then integrate into your campaigns’ content to improve rankings on search engine results pages (SERPs).

Customer advocacy programmes

One of the most compelling things to a customer is the opinions of other buyers. Therefore, it’s important to use customer advocacy programmes to improve your leads and sales.

You can use call tracking to identify customers with the shortest sales cycles, those who made immediate calls, or those who showed keen interest and satisfaction over the phone – something you can find with speech analytics.

These will be the customers who’ve most likely had an enjoyable experience with your business, and you can then contact them to be a part of your advocacy programme, such as leaving a review on your Google Business Profile, for example.

These testimonials will be instrumental in driving calls and sales for your business.

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Call tracking software is the perfect tool for improving your marketing efforts in a variety of ways. Will you be implementing any of these tactics into your own marketing strategies?

Redefining Investment Strategies: The Revolutionary Impact of Automated Trading Platforms

Claire James
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Redefining Investment Strategies: The Revolutionary Impact of Automated Trading Platforms

People often discuss their investment strategies, and it’s evident that the traditional ways are transforming. Enter the automated trading platforms. In the same way, the digital era has reinvented many of our daily activities. Today, an auto trading platform is altering how we invest.

This isn’t about mere hype or buzzwords. This is a new age of investment strategies. Let’s delve deeper into how these platforms are changing the game for investors around the globe.

What Exactly Are Automated Trading Platforms?

In simple terms, these platforms are software that trades for you. They take specific criteria you’ve set and make trades on your behalf, all without human intervention.

It’s like having your personal investment assistant, but it’s a machine. Plus, it’s always objective. The core benefit? Speed and efficiency. A human simply can’t match a computer’s swift calculations and actions.

Why Does This Matter for Modern Investors?

Back in the day, investments were all about gut feeling and expertise. But now, data drives everything. So, when you combine vast amounts of data with swift computation, you get precise and efficient trading. These platforms provide an edge that traditional methods can’t match.

They’re especially advantageous for newcomers. If you’re starting, you should learn to analyse market trends. Automated platforms can help bridge that gap.

Steering With Caution: Things to Keep in Mind

While the appeal of automated trading platforms is undeniable, navigating this terrain with a well-informed mindset is essential. Just as a sailor doesn’t set out without checking the weather, an investor shouldn’t dive into automated trading without some groundwork. Here are a few pointers to help steer your journey:

  • Know Your Tool: Not all automated platforms are created equal. Ensure you know your chosen platform’s operation, algorithms, and decision-making criteria.
  • Set Clear Boundaries: Automated doesn’t mean hands-off. Define your risk tolerance, set investment limits, and regularly review these parameters.
  • Stay Updated: While your platform will handle the trades, it’s up to you to remain informed about market trends, potential disruptions, or global events that could impact your investments.
  • Seek Expert Advice: Consider consulting a financial advisor or someone experienced in automated trading. Their insights can offer additional perspectives and help refine your strategy.

Jumping into this type of trading can be exhilarating. But ensuring you’re well-prepared will make the journey smoother and more rewarding.

The Power of Data in Automated Trading

In investments, data isn’t just a buzzword. It’s the backbone of successful strategies. The beauty of automated trading lies in its ability to process and act on massive amounts of data swiftly. Market fluctuations, global news, and economic indicators. The platform takes all into account in real-time. Plus, just as journalists swear by their sources, automated platforms rely on accurate data. The more precise the data, the better the performance.

The Human Element in Automation

Automation, for all its prowess, doesn’t entirely remove the human touch from trading. It’s a tool, and like any tool, its efficiency depends on the hands guiding it. Algorithms can’t wholly replicate the emotional intelligence, intuition, and long-term vision humans bring. Monitoring, tweaking, and sometimes overriding automated decisions regularly is essential. This is based on a broader understanding of the market or personal financial goals. 

In essence, while automated platforms revolutionise investment strategies, human oversight ensures the heart and intuition remain in the equation. It’s a harmonious blend of tech and touch.

The Final Word: Embracing the Future of Investment

These automated platforms are here to stay. As technology evolves, they’ll only get smarter, faster, and more efficient. This means more opportunities, precision, and, potentially, more gains for investors.

The bottom line? Automated trading is reshaping the investment landscape. Whether you’re a seasoned investor or just starting, understanding and leveraging these platforms might be the key to unlocking new investment horizons.

Remember, it’s not about replacing human judgement but enhancing it with the power of automation.

Unlocking the Effects of Hormonal Shifts on Sexual Wellbeing Throughout and Beyond Menopause

Claire James
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Unlocking the Effects of Hormonal Shifts on Sexual Wellbeing Throughout and Beyond Menopause

Let’s talk about something that’s a bit of a game-changer in a woman’s life – menopause. You know, that phase where your body hits pause on its baby-making days. But guess what? It’s not just about waving goodbye to periods; it’s about how those hormonal shifts can stir things up in the bedroom too. To give you an idea, let’s take a look at how these changes can throw your sexuality for a loop during and after menopause, and discuss some natural remedies for vaginal dryness along the way.

The Hormone Tango and Your Intimate Adventure

Imagine hormones as the conductors of a symphony in your body. During menopause, these conductors decide to switch things up a bit. Usually showing up in your late 40s to early 50s, menopause brings changes, and not just in how you feel. Your ovaries, those hormone factories, decide to dial down the production of estrogen and progesterone. And these changes don’t just stay backstage – they’re front and center in your intimate life too.

Estrogen, your body’s natural lube supplier, takes a step back as the levels drop. This can lead to the infamous vaginal dryness, which can make the idea of anything intimate a bit, well, uncomfortable. But don’t worry, it’s a common part of the ride.

The Desire Dilemma

Now, let’s talk about something that might hit you like a curveball – your libido, aka your sexual appetite. Estrogen is like the cheerleader for this game, boosting blood flow where it counts and making sure you’re tuned in to the pleasure signals. But as it bows out during menopause, you might find your desire taking a siesta too.

And let’s be real, mood swings and those energy dips don’t exactly scream “let’s get frisky!” That lower interest in intimacy can feel like a plot twist, but remember, you’re not alone. Talking with your partner and seeking advice from a healthcare pro can help you navigate this new terrain.

Taking on Dryness: Nature’s Little Helpers

Vaginal dryness is a common challenge during and after menopause. But don’t worry, because there are some natural allies to help you out:

  1. Hydration and Good Eats: Sipping water and munching on foods rich in healthy fats (think avocados and nuts) can actually help keep dryness at bay.
  2. Getting Frisky – Alone or Together: Regular intimate activity, whether solo or with a partner, increases blood flow to your nether regions. This, in turn, encourages the natural lubrication that makes things comfy.
  3. Pelvic Muscles: Ever heard of Kegels? Strengthening your pelvic floor muscles can improve blood flow and maintain that much-needed tone down there.
  4. Moisturizers for Down There: Just like your skin, your intimate area can benefit from some moisture too. Vaginal moisturizers can make things feel smoother and more comfortable.
  5. Go Natural with Lubricants: When things heat up, consider using water-based or silicone-based lubricants. Go for ones that keep chemicals out of the equation for a cozier experience.
  6. Phytoestrogens: Nature’s Estrogen Mimics: Foods like soy, flaxseeds, and legumes contain phytoestrogens – these natural compounds can help ease dryness and discomfort.

Riding the Wave with Support

Breathe easy, because menopause is a journey, not a sprint. Remember, each woman’s experience is as unique as a fingerprint, and there’s no one-size-fits-all solution. If you’re feeling like you’re in uncharted waters, don’t hesitate to chat with a healthcare pro who specializes in menopause and sexual health.

Unveiling the Dynamic Evolution of iGaming in an Intensely Competitive Market

Claire James
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Unveiling the Dynamic Evolution of iGaming in an Intensely Competitive Market

Just 30 years ago, the prospect of being able to make wagers on casino games from your own home would have been laughable, never mind the concept of being able to use the tiny pocket computer that you carry with you to enjoy thousands of different HD-quality video slots.

Yet, today, that is exactly how it works. Whether you load up blackjack from your laptop or you spin the wheel of roulette from your smartphone, you have the freedom to play wherever and whenever.

Playing casino games on the go is not a niche concept either. Players can choose from hundreds of different websites and apps, just here in the UK. At a global level, there are even more brands that offer these games, with the total number of sites and apps running into the thousands.

So, with so many businesses all vying for the attention and patronage of the same players, what do they do to stand out?

Bonuses

Bonuses are one way in which casinos stand out. Practically every iGaming brand on the planet offers some form of offer to encourage new players to sign up and begin placing bets. They come in different shapes and sizes, though most offer a variety of ‘no deposit’ deals just for signing up and/or a larger ‘deposit match’ that gives you additional funds to play with after you make your first payment.

Generally, larger and more established casinos have smaller bonuses like this, while newer and less established brands offset the lack of brand recognition with larger deals.

Bigger and Better Games

In an industry that revolves around letting people place bets on casino games, it shouldn’t be too much of a surprise that one of the biggest ways that operators choose to compete with each other is in their selection of different titles.

Most offer hundreds or even thousands of different video slots, with a sizable selection of traditional table games to complement this. These slots are often created with different themes, ranging from Greek mythology all the way through to space-based science fiction. By offering such a diverse range of styles, casinos can appeal to the broadest possible range of players.

That isn’t the only way in which casinos use their games to stand out. They appeal to savvy players by creating titles with more favourable rates of return. All slots have a ‘return-to-player (RTP)’ rate that is advertised on the casino’s website. The RTP meaning is the theoretical return that a player can expect if they play that game over a very long time. Since the rate is advertised, players that want to maximise the use they get from their bankroll before they must deposit again will seek out these high RTP games and the casinos that offer them.

Mobile Experience

More and more casino players are looking to play their favourite games from a mobile device. For some, this is because they want to take their favourite games with them, playing on the go. For others, however, this mobile experience still means placing wagers from home, but with the convenience of using a small device and doing so from their sofa or bed without having to take out a laptop.

The mobile iGaming experience is very varied, however. Some brands offer pleasant and intuitive mobile apps that are compatible with both iOS and Android devices, but others haven’t bothered with this.

Often, it is smaller brands that are app-less because developing a dedicated application is expensive and continues to be costly to maintain. Additionally, in some regions, Google and Apple are very restrictive about what iGaming apps they allow in their marketplaces.

Almost every casino and game is compatible with a mobile web browser thanks to HTML5, meaning players nearly always have the opportunity to play on any device, but the quality of this varies greatly.

Therefore, this is a major point of competition for gaming sites as they try to capture more of this growing market.

XRP Makes Significant Improvements in Crypto Liquidity and Volume Rankings

Josh Haines
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0
XRP Makes Significant Improvements in Crypto Liquidity and Volume Rankings

Blockchain and crypto data insights firm, Kaiko, has published its crypto liquidity ranking report for the second quarter, revealing some notable changes in the listings. Among the assets experiencing improvements in liquidity is Ripple’s XRP. The report, released on July 12, highlights that the recent lawsuits by the SEC have had a direct impact on the liquidity of assets identified as securities. Despite the legal challenges faced by Ripple, the liquidity rankings indicate positive developments for XRP. This suggests that XRP’s market liquidity has shown resilience and may be attracting increased trading volume. The improved liquidity for XRP demonstrates its ability to navigate challenges and maintain a strong position in the crypto market.  And, if you are wondering where to do it then you can safely rely on Bitcoin Era which is a trusted platform.

Enhanced Liquidity: A Key Catalyst

Liquidity is the ease with which a cryptocurrency can be bought or sold without changing its market price; higher liquidity not only attracts more investors but also raises market efficiency and stability. XRP’s liquidity improvements can be attributed to a number of factors, first, Ripple, the company behind XRP, has been actively pursuing partnerships and collaborations with major financial institutions. Additionally, XRP’s growing popularity among cryptocurrency exchanges has played a crucial role in improving its liquidity. The increased availability of XRP on various trading platforms has made it more accessible to investors, further boosting its liquidity rankings.

Volume Rankings: A Reflection of Demand

Along with improved liquidity, XRP’s volume rankings have also seen a noticeable improvement. A higher trade volume reflects a higher level of market activity and demand. There’re a number of factors why the trading volume of XRP has increased. First off, there has been a surge in demand for XRP as a result of Ripple’s ongoing attempts to broaden its global network of partners. The demand for Ripple as a liquidity bridge asset has increased as more financial institutions and payment service providers embrace Ripple’s technology. Furthermore, the addition of XRP to significant cryptocurrency exchanges has improved trading alternatives for investors, leading to increasing trade volumes. The ability to trade XRP on reputable platforms has not only enhanced its visibility but also sparked greater investor interest.

Ripple (XRP) Crypto Liquidity Moves and Shakeups

The current regulatory crackdown in the United States has significantly altered the listings, which has led to a fall in volume and liquidity for particular assets, according to Kaiko’s crypto liquidity ranking report. Kaiko’s ranking system assesses whether tokens may have misleading market caps in terms of liquidity by comparing the liquidity ranking of each asset to its market cap. In terms of trading volumes, Ripple’s XRP has moved up two spots to take third place. Investors positioning themselves in advance of the anticipated decision in the SEC versus Ripple court case is credited with this rise in liquidity. Significant volumes have been witnessed for XRP on Korean exchanges. 

The report also highlights the impressive performance of the layer-2 rollup token Arbitrum (ARB), which ranks sixth in trading volumes. This is noteworthy as ARB is a new entry to the liquidity rankings this quarter. Several tokens have seen improvements in liquidity rankings, including Avalanche (AVAX), Solana (SOL), and Monero (XMR). On the other hand, tokens such as Filecoin (FIL), Cosmos (ATOM), and Polygon (MATIC) have declined in liquidity rankings due to the SEC’s allegations that they may be classified as securities. According to the latest report, the native token of the Aptos blockchain network, APT, has been observed to possess significantly higher liquidity compared to its market capitalization. On the other hand, the tokens LEO, TRX, TON, and OXB have experienced a lacklustre performance, with no noticeable enhancement in liquidity when compared to the previous quarter.

Hive Digital’s crypto miner dissects the name ‘blockchain’ during AI Pivot

Josh Haines
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Hive Digital’s crypto miner dissects the name ‘blockchain’ during AI Pivot

Hive Digital, a Vancouver-based crypto mining company, has announced the removal of the term “blockchain” from its name in a statement released on July 12. The business described the reasons for the name change as its shifting focus on revenue prospects in GPU (Graphics processing units), cloud computing, developments in AI, and support for the emerging Web Ecosystem. In a filing to the US Securities and Exchange Commission, Hive’s CEO, Aydin Kilic, claimed that the company’s entry into the GPU Cloud sector required a strategy that reflected its greater scope. There are many platforms like quantum-ai.trading which can let you trade bitcoin easy and at the same time safely.

Kilic emphasized that Hive is not solely focused on blockchain but also builds infrastructure for emerging digital technologies. Hive intends to offer small and medium-sized enterprises a more effective alternative to major cloud service providers with its fleet of 38,000 Nvidia GPUs. Kilic went on to state that according to the business, future demand for GPU systems will be significantly fueled by AI and machine learning. Hive stands out by using GPUs to mine Ether (ETH), the native token of the Ethereum network, at scale whereas most crypto mining companies concentrate on proof-of-work cryptocurrency like Bitcoin.

However, the profitability of mining ETH with GPUs substantially declined once the Ethereum Merge was finished in September 2022, which changed the Ethereum blockchain to a proof-of-stake consensus method. Hive recognised that additional tech-related revenue streams needed to take centre stage as a result. The decision by Hive to drop the word “blockchain” from its name comes after Riot Blockchain, a Bitcoin mining company, made a similar move on January 3. To better reflect its expandingly broad business operations, Riot Blockchain changed its name to Riot Platforms. The name change reflects Hive Digital’s strategic pivot towards AI, GPU computing, and cloud hosting services. By embracing these emerging technologies, the company aims to position itself for growth and tap into the expanding demand for GPU computing in the AI and machine learning sectors. With its vast GPU fleet, Hive Digital is poised to provide scalable solutions to businesses while contributing to the development of the new Web3 ecosystem.

Three Key Points Highlighting

Hive Digital’s choice to drop “blockchain” from its name and change its focus to AI and GPU computing demonstrates its strategic response to new revenue opportunities and technology trends. Here are three important points highlighting the importance of this decision:

  1. Diversification beyond Blockchain: 

Hive Digital acknowledges the need to expand a focus beyond the traditional field of blockchain technology by dropping the word “blockchain” from its name. Recognising the rising need for AI and machine learning applications, the firm seeks to take advantage of the revenue potential in graphics processing units (GPUs) and cloud computing. Hive Digital can explore new development opportunities and take advantage of developing technological advances because of its diversification.

  1. Expanding Revenue Streams: 

The use of GPU computing and cloud hosting services by Hive Digital shows a strategic effort on its part to position itself as a provider of effective alternatives to well-known cloud service providers. The startup hopes to serve the needs of small and medium-sized organisations with its sizable fleet of Nvidia GPUs, capitalising on the rising demand for GPU computing in AI and machine learning. Hive Digital is in a position to gain market share in the rapidly developing AI sector through the diversification of its revenue streams.

  1. Embracing the Web3 Ecosystem:

The focus on AI and GPU computing by Hive Digital is also consistent with its goal to assist the “new Web3 ecosystem.” Decentralised applications, the blockchain, and cryptocurrencies are all included in Web3, the next iteration of the internet. Hive Digital aligns itself with the technology breakthroughs and business opportunities developing within the Web3 ecosystem by refocusing on AI and GPU computing. This places the business in a position to take part in the ongoing transformation of the digital landscape.

Wrapped up

Hive Digital’s move to drop “blockchain” from its name signifies its strategic shift towards AI, GPU computing, and cloud hosting services. By diversifying its revenue streams and embracing emerging technologies, the company positions itself for growth and expansion in the evolving landscape of the tech industry.

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