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Online Bookmaker Embraces Ripple as Cryptocurrency Surges

Written by:
C Costigan
Published on:
Jan/04/2018

Bookmaker .eu, North America's oldest established online sportsbook, says it plans to continue offering the cryptocurrency Ripple to its thousands of clients across the world.  Currently the site is offering top cash bonuses via crypto deposits in an effort to encourage this particular method.


Bookmaker accepts most crypto-currencies

The site currently offers over 60 cryptocurrencies for which to make deposits and withdrawals to and from one's betting account.

Ripple’s (XRP) 53% surge this past week makes it the second biggest cryptocurrency to kick off the new year.

Ripple’s market value rocketed to $86 billion, making ether No.3 at $73 billion. Bitcoin’s market cap is near $250 billion.

From Bloomberg News:

It’s the latest twist in the crypto saga known as the “flippening.” That’s what ether enthusiasts call the coin’s anticipated rise to the most valuable by market cap. Rather than catching up to bitcoin, though, ether has fallen behind other upstarts. Just last week, it looked like bitcoin cash, which first debuted in August, would spoil ether’s pursuit. That threat faded as the bitcoin-spinoff tumbled, only to be replaced, and realized, by Ripple as its 20,000 percent surge this year flipped the flippening on its head.

Business/Financial News

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