Report: Bitcoin surge correlates to crypto gambling spike

Data from operator Cloudbet details bettor behaviour as cryptocurrency prices rocketed in 2020

The astronomical surge in the price of bitcoin has seen bettors flock to crypto sportsbooks, according to data from crypto-first operator Cloudbet. Bitcoin hit a record high value of $42,000 on 8 January, and currently sits at $37,150, with the rise paving the way for crypto-first bettors to up the ante. Cloudbet betting volume in…

Bitcoin | Blockchain | Cloudbet | Crypto | Ethereum