Bitcoin Falls Again on Saturday

Written by :

Aaron Goldstein

Published on :

24 November, 2018

The cryptocurrency Bitcoin, popular with online gamers, once again saw its price decline dramatically following a few days of quiet.

By late Saturday afternoon Eastern Standard Time, the coin had fallen all the way to $3650, more than 14% in a 24 hour period.

This is the lowest level Bitcoin has traded at in more than 420 days.

Bitcoin has lost over 80% of its value since last December's high of near $20,000.

It was not immediately known what was causing Saturday's sharp decline.

Upwards of 70% of all online gambling transactions are via Bitcoin at many wagering sites catering to restrictive markets including North America.

- Aaron Goldstein, Gambling911.com

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.

Fanatics Markets Unveils Combos

Just in time for basketball’s postseason, Fanatics Markets is introducing a bigger way to trade with Combos.

Curacao Is Still the Most Popular Gambling License. But the Rules Have Changed

If you have spent any time around the online gambling industry, you have heard the same pitch for Curacao a hundred times: cheap, fast, easy. For years that pitch was essentially accurate.

Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment

1win continues to evolve its VIP ecosystem, bringing global rapper Tyga into its high-tier community while reinforcing its positioning as a crypto-first entertainment platform.