Bitcoin Rising
Bitcoin, the nearly anonymous digital currency, is in the midst of a serious boom and no one is quite sure where it’s all going to wind up.
We were pretty impressed last spring when Bitcoin were trading at $49 (USD) but we hadn’t seen anything yet. Last month, Bitcoin fever spiked when the cryptocurrency crossed the $1,000 mark.
Bitcoin are the ideal currency for online gambling because they’re nearly untraceable and Bitcoin casinos and sportsbooks offer instant payouts with no processing fees. In short, you can expect to hear a lot more about Bitcoin and igaming in 2014.