..

Bitcoin Rises Back Above $8K Despite Winklevoss Rejection

Written by:
Guest
Published on:
Jul/27/2018

The price of bitcoin was at 8,128.40 United States Dollar Friday just before Noon New York time.

The cryptocurrency, now accounting for upwards of 80% of all online gambling transactions, held its own after news that the U.S. Securities and Exchange Commission rejecting a listing request late Thursday for a bitcoin exchange-traded fund run by Tyler and Cameron Winklevoss.

CBOE Global Markets Inc., which would have listed the ETF, failed to show that the underlying Bitcoin market was "resistant to manipulation."

Trading and data volume concerns were also mentioned in the SEC statement.

Bitcoin has a long way to gain ground from its highs near $20,000 back in December.  Since that time, the cryptocurrency has dipped down below the $6000 mark last month.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Is This a Good Time to Start a Sportsbook From Arizona?

Is This a Good Time to Start a Sportsbook From Arizona?

For bookies and agents in the state of Arizona, it is a terrific time to start a sportsbook using a powerful Pay Per Head software platform.

Is It Wise to Start a Bookie Business in the State of Illinois Now That There is Regulation?

Is It Wise to Start a Bookie Business in the State of Illinois Now That There is Regulation?

Local bookmakers in the state of Illinois will survive in the wake of a law passing that permits sports betting even at venues such as Wrigley Field.  It's easy to get started with proprietary Pay Per Head software.

Can I Start an Online Sportsbook From Alabama

You can start your own sportsbook from Alabama.  The US Supreme Court ruled to overturn decades long prohibition this past May. 

Finding an Easy to Navigate Agent Menu for Bookmaking, Sports Betting

Finding a Pay Per Head is easy.  Simply Google the term and a bunch of searches will pop up.  But many of today's most savvy bookmakers and agents will explore much deeper in an effort to find easy to navigate platforms and those that produce extensive reporting. 

The New Trending Crypto | Litecoin

The New Trending Crypto | Litecoin

Cryptocurrency is without doubt the hottest form of currency when it comes to paying for and receiving payouts from online sportsbooks. The beauty of cryptocurrency is the ease of use for both the sender and the receiver.

Syndicate