High usage of leverage in Bitcoin futures is the symptom of a gambling mentality in crypto, argues CMS Holdings’ Dan Matuszewski.
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Category: Gambling
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Bitcoin Casinos Operators Add More Crypto Options to their Portfolio
Over the last few years, the availability of cryptocurrencies casinos has exploded. Just a few years ago, these sites were few and far between, and the ones that did exist were dominated by Bitcoin. These days, players not only have more cryptocurrencies to choose from, but there are also many more sites that accept these options and allow them to be used on everything from real money slot machines to sports bets. The Catalyst for Change The reason cryptocurrencies have become so popular is because players are demanding them. More and more players are using these options than ever before
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How the Tokenization of the Gaming Industry Empowers Players
Blockchain tech implementation into the gaming industry could seriously disrupt its closed investment ecosystem.
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Counter-Strike Superstars to Play in Crypto-Powered Tournament
Couter-Strike superstars with two million fans will participate in a crypto-powered tournament, while fans will be able to bet on the outcome with crypto tokens.
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Try Out Pnxbet and See Why Gamblers Love the Site That Has Paid Out $42 Million in Winnings!
Pnxbet has been working hard to improve its already very fast transaction settlement times, with fiat bank transfers now significantly faster to clear.
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American Gaming Association Urges Policy Change On Digital Payments
The American Gaming Association laid out a proposal of new guidelines for gambling payments.
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How Bitcoin Is Bootstrapping Online Gambling Growth
A recently published report suggests that the global online gambling market will grow by $114 billion over the next four years, with bitcoin playing its part. While forecasts related to economic growth may seem flawed given our current circumstances, with a virus having swept aggressively across the planet and drastically altered the way we live and work, the 120-page report is worthy of serious contemplation. Particularly given the widespread closure of land-based casinos, betting shops and bingo halls, which should theoretically drive gamblers into the loving arms of online portals. If Netflix’s 16 million new signups during lockdown has taught
The post How Bitcoin Is Bootstrapping Online Gambling Growth appeared first on The Merkle News.
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Bitcasino Adds XRP Support for Ultra Cheap, Ultra-Fast Crypto Transactions
Amid the rising crypto sentiment of recent weeks, as all markets, traditional and alternative, begin the road to recovery, Ripple and its native token XRP, stands among those most recognized in the realm of the crypto and blockchain industry. Known for its speedy transactions, at low cost without compromising security, and a network that is highly scalable, Ripple technology has been widely adopted by a global network of banks and money remittance services, with countries far and wide taking to Ripple to help settle cross-border transactions in a matter of seconds, instead of the days-long period of old. Its value
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Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts
The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic and the site ranks #2,379 globally according to Alexa […]
The post Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts appeared first on Bitcoin News.
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The COVID 19 Effect on Gambling and Casino Sites
In the wake of the COVID 19 outbreak, many industries are facing tough times ahead. We’ve already witnessed the devastating effect this virus has had on the travel and tourism industry. Restaurants, bars, clubs, cinemas, hotels, cruise liners and airlines have all been hit hard, and as the work dries up many people are being laid off and sent home. One of the only industries largely unaffected is the online gambling industry – in fact, casino sites are currently experiencing a boom in trade thanks to the number of people now stuck behind closed doors. As more and more people
The post The COVID 19 Effect on Gambling and Casino Sites appeared first on The Merkle News.
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