Bitcoin Eclipses $8K Mark
Just a day after Bitcoin shot over the $7000 mark, the cryptocurrency has now peaked at over $8000, hitting $8169 before dropping back to around $7900 Monday night.
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Bitcoin is the most popular funding method of online casinos and sportsbooks operating in restricted regions of the world, including the United States and, to some extent, Canada.
Some of what's propelling this surge upwards:
The much-awaited platform Bakkt has finally announced that it will start testing Bitcoin futures trading in early July of this year.
Starbucks, Facebook and Whole Foods are all expected to start accepting Bitcoin.
- Aaron Goldstein, Gambling911.com