Looking for an easy way to get fun in your spare time using your phone?
You landed on this page so it is probably that you love casino games. Cash Frenzy Casino is one of those top apps that if you install you have the possibility to have very exciting moments with casino games in the palm of your hand.
Keep reading this article and you’ll discover the best ways to easily get free coins for Cash Frenzy casino and if those cheats and hacks to get free chips and coins are real or not.
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What is Cash Frenzy casino and the main features of this app?
This is basically one among dozens of casino games that you can install for free on your phone and have fun playing casino games.
Some features and benefits if you play Cash Frenzy casino:
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- Progressive jackpots with exclusive bonus games.
- Welcome bonus: earn 1 million free coins just for installing Cash Frenzy casino.
- Rewards for being active: for every 15 minutes of gameplay, you can get rewarded with free coins and bonuses.
- Fantastic graphics that provide you a real experience of playing casino games with your phone.
- Get access to special slot games when you level up.
- Play the Classic Las Vegas 777 and free slot machines.
How to start playing this game?
Just go on the Google Play page and install the game, then you can start playing immediately. Cash Frenzy Casino is also available to iPhone users.
Are those hacks and fakes to get free chips and coins fake or real?
If you are here on this page, much probably is because you are interested in cheats or hacks to get unlimited free chips and coins for Cash Frenzy. But are they real or fake?
No, they are fake or scam. Creators of those hacks and cheats just want free traffic to their site to make money or even to scam you. So if you want to stay safe, trying to avoid downloading any of these hacks and cheats is a good idea.
The real ways to easily get free coins for Cash Frenzy Casino
Luckily there are a few legit ways to get free chips and coins for this casino app without wasting time with stupid cheats and hacks:
- Earn bonuses for being an active player: for every 15 minutes of gameplay, you’ll be rewarded with a huge amount of free coins. Just being an active player is enough to get almost unlimited free coins.
- Find promotional codes on Facebook: on their fan page is easy to find promo codes that will reward you with extra free coins and chips.
- Buy extra credits: no patience to find for promo codes and play the game for long hours? For a ridiculously low price, you can get almost unlimited free coins.
As you have figured out at this moment, there are no instantly ways to get free coins and cheats with magic hacks or cheats, but just following the tips above is more than enough to guarantee countless hours of fun with free coins.
The recent surge in bitcoin and the drop in gold prices have increased the talks in the market that whether the digital coin would become more attractive than those traditional safe-haven assets like dollar or gold.
From a fundamental perspective, the rally in bitcoin is mainly driven by the unprecedented central banks' liquidity injection and rising retail investors' enthusiasm. However, the price rally may pause in the near future as virus spreading starts showing signs of easing.
There are three reasons driving the rally in bitcoin prices.
First, the U.S. Federal Reserve and other central banks around the world have pumped huge liquidity into their economies and financial markets.
The unprecedented expansion of the Fed's balance sheet last March has not only channeled the cash into stocks and bonds, but traders also bought much of the alternative assets like bitcoin.
Second, some big companies are increasingly investing in cryptocurrency, which also increases the influence of bitcoin. Tesla revealed it had purchased around $1.5 billion of Bitcoin in January and plans to begin accepting the cryptocurrency as a form of payment in the future.
Also, payment company Square purchased $50 million worth of bitcoin last October.
Third, many people are forced to stay at home as countries around the world aim to contain COVID-19. The U.S. retail trading volume has been surging recently as many not only trade stocks, but also seek markets where institutional investors are less involved, including those stocks like GameStop.
Bitcoin is another hot option for them. For markets lacking institutional investors, flows become much more important than the fundamentals.
Looking ahead, central banks' monetary stimulus is expected to become more moderate as the virus shows signs of easing. Many retail investors would also gradually return to their 'normal life.' Both of these would have a negative impact on the bitcoin price.
U.S. Treasury Secretary Janet Yellen said Monday night that bitcoin is highly speculative and is an 'extremely inefficient way of conducting transactions, and the amount of energy that's consumed in processing those transactions is staggering.' Bitcoin dropped as much as by 17 percent in Monday trading, hitting a low of about $47,900.
What defines safe-haven assets?
To a certain extent, some investors have also believed that bitcoin is gradually replacing gold as safe-haven or reserved assets.
Data showed a clear inverse relationship between the price moves of bitcoin and gold.
The gold price has been substantially falling since August last year, and it could be due to fewer uncertainties in pandemic and increasing expectation on inflation to rise from the fundamental perspective, but it's not likely that the drop in gold prices is because of the flows into bitcoin.
To be considered as safe-haven assets, such as the Japanese yen and the U.S. dollar, they usually carry a negative correlation with the risk assets like stocks.
The fact is that bitcoin has been surging with global stocks this year amid improving expectations on the global economic outlook, so it cannot be defined as a haven asset.
If its move stays in line with stock market, it should be taken as a risk asset.
Recently, rising U.S. bonds yields have triggered some stocks selling off as traders worry that the higher borrowing cost would affect the equities' valuation. If the correlation between bitcoin and stocks were held, some selling flows might appear in bitcoin as well.
Safe-haven assets are generally well known by the majority of investors, with great liquidity. From the perspective of bitcoin itself, it certainly has potential values to invest in, but most of the investors lack sufficient knowledge of it.
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Furthermore, Bitcoin was designed around the principle of a finite supply of 21 million coins. That means there's a fixed upper limit on how many bitcoins can ever come into existence.
The stock market is likely to face some headwinds in the near term as investors need some time to digest the higher rates environment's impact on equities' valuation. Lucky nugget casino.
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Having that said, bitcoin's status as a safe-haven or speculative asset could be proven very soon. It may continue to move in a similar direction to stocks because both of their prices are highly influenced by the rates and Fed's monetary stance.
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