Daniel Li

Daniel Li

iGaming.org Writer Crypto/Sports
A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

EXPERTISE

  • Crypto
  • Trading
  • Sports Betting

Daniel's latest articles

Kalshi to Sue Nevada and New Jersey Over Prediction Market Restrictions

Following actions taken by Nevada and New Jersey to shut down its sports betting markets, prediction market operator Kalshi is getting ready to file a lawsuit against both jurisdictions On Twitter (X), CEO Tarek Mansour made the announcement, highlighting the company's dedication to protecting prediction markets in the United States Although..
1 year ago

CFTC Withdraws Crypto Derivatives Advisory During Market Maturity

The Commodity Futures Trading Commission (CFTC) has made the decision to revoke its earlier recommendation that new virtual asset derivatives undergo thorough inspections With the use of these cryptocurrency-related financial products, investors can make predictions about price changes without actually owning the underlying assets On March 27,..
1 year ago

Circle Teams Up with US Banks for IPO Launch in April

The USDC stablecoin's issuer, Circle, is getting ready for the much-anticipated April initial public offering (IPO) The startup has teamed up with Citi Bank and JPMorgan Chase to help it negotiate its way to the public markets, according to a Fortune story According to the article, which cites anonymous sources, Circle intends to submit IPO..
1 year ago

Bitcoin’s Rise Challenges US Dollar’s Dominance, Says BlackRock CEO

Larry Fink, the CEO of BlackRock, suggests that Bitcoin could challenge the US dollar’s global reserve currency status In his annual letter to investors, Fink highlights the rising national debt and the emergence of digital assets as key factors weakening the dollar’s dominance He states, “The US has benefited from the dollar serving as..
1 year ago

Tether Invests in Latin American Agriculture With $615M Adecoagro Purchase

Tether is making a move into Latin America’s agricultural industry by purchasing a majority stake in Adecoagro The company has agreed to buy up to 51% of Adecoagro in an all-cash transaction valued at $615 million The deal secures control over one of the region’s largest agricultural producers, which delivers more than 28 million tons of goods..
1 year ago

California Bitcoin Rights Bill Could Set New Precedent for Crypto Protections

California lawmakers are taking steps to define cryptocurrency rights with AB-1052, known as the “Bitcoin Rights” bill Assemblymember Juan Carrillo Valencia, chair of the Banking and Finance Committee, introduced the legislation, aiming to protect self-custody rights for digital asset holders The nonprofit Satoshi Action Fund announced the..
1 year ago

Sports Illustrated Partners with Galactic to Launch SI Predict in 2025

Sports Illustrated is making a bold move into the prediction market industry through a collaboration with Galactic Their new platform, SI Predict, is set to debut in the second quarter of 2025 Unlike traditional sportsbooks, SI Predict will allow users to trade on the outcomes of “trends and themes” across various sports The partnership..
1 year ago

Oklahoma Sports Betting Bills Advance Despite Political Challenges

Days after the Senate passed a rival bill, lawmakers in the House moved forward with two more legislation, accelerating Oklahoma's efforts to allow sports betting Notwithstanding these developments, all three proposals still face significant political obstacles, such as the possibility of a veto from Governor Kevin Stitt, who has expressed his..
1 year ago

SPGA Adjusts Approach to Sweepstakes Games in New York After Talks with Officials

The Social and Promotional Games Association (SPGA) has revised its stance on sweepstakes games in New York after recent discussions with state officials Rather than a unified approach, the association announced that each member would pursue "the most appropriate path forward based on individual legal guidance and strategic priorities" This..
1 year ago

Robinhood Introduces Subscription Model Inspired by Amazon Prime and Costco

Inspired by popular loyalty programs like Costco and Amazon Prime, Robinhood has revealed intentions to grow its subscription business The financial services industry presents a substantial development opportunity for the company, allowing it to offer a wider range of services, according to CEO Vlad Tenev Additional services including wealth..
1 year ago

Bitcoin Could Hit $150,000 by Year’s End, Predicts deVere CEO

By the end of this year, Bitcoin (BTC) might reach $150,000, according to Nigel Green, CEO of deVere Group His forecast is mostly predicated on US President Donald Trump's pro-crypto position and the possibility of economic upheaval brought on by tariff policies According to Green, the cryptocurrency market may become more optimistic as a..
1 year ago

Arkansas Bans Greyhound Racing, Earning Praise from Animal Rights Advocates

Arkansas is now the 44th state to formally abolish the contentious sport of greyhound racing House Bill 1721, which was signed by Governor Sarah Huckabee Sanders, also calls for the gradual elimination of simulcasting, or remote betting on dog races, by 2028 Animal welfare groups, especially Grey2k USA, which has long opposed the practice, have..
1 year ago

Spark Capital Leads Underdog Fantasy’s Series C Funding, Boosting Valuation to $1.225 Billion

Spark Capital is heading Underdog Fantasy's Series C fundraising round, marking a major milestone Prior to the deal, this most recent investment valued the sports gaming operator at $1225 billion The investment is among the biggest made by a Silicon Valley company in the sports gaming industry Underdog Fantasy will be able to grow its business..
1 year ago

SEC Plans Four More Crypto Roundtables in 2025

In 2025, the US Securities and Exchange Commission (SEC) plans to have four more roundtable conversations as part of its ongoing efforts to address the regulation of digital assets A recent news release states that these gatherings will give interested parties a chance to discuss important subjects in the cryptocurrency sector The talks, which..
1 year ago

SEC Chair Nominee Paul Atkins Holds Millions in Crypto Investments

According to reports, Paul Atkins, who was nominated by Donald Trump to be the next chair of the SEC, has millions of dollars invested in cryptocurrencies A recent Fortune article stated that Atkins has almost $6 million in cryptocurrency-related assets, according to an ethics disclosure This comprises $5 million in cryptocurrency investment funds..
1 year ago

Arthur Hayes Predicts Bitcoin and Ethereum to Hit New Highs

According to BitMEX co-founder Arthur Hayes, Bitcoin (BTC) is poised to surpass its prior peak Hayes anticipates a robust surge for the flagship cryptocurrency in response to Federal Reserve Chair Jerome Powell's recent announcement to slow the rate of quantitative tightening (QT) by April 1 Hayes expressed his opinions on the social media site..
1 year ago

Zeal Reports Record Revenue in 2024, Eyes Continued Growth in 2025

Zeal reported €1882 million in revenue in 2024, a 622% rise from the year before, indicating tremendous financial development This amount exceeded the €1500 million that the corporation had first projected The findings, which were released on March 26, show that the business can surpass expectations Zeal's lottery branch was the main force..
1 year ago

BlackRock Expands Bitcoin Offerings with New European ETP

The biggest asset manager in the world, BlackRock, has launched its first Bitcoin exchange-traded product (ETP) in Europe The iShares Bitcoin ETP (iB1T) can now be traded on the Xetra exchange in Germany, Euronext Paris, and Euronext Amsterdam Institutional and individual investors now have the chance to obtain controlled exposure to changes in..
1 year ago

NYDIG to Acquire Crusoe’s Bitcoin Mining Operations in Major Expansion Move

Crusoe's Bitcoin mining operations have been definitively acquired by NYDIG, a leader in Bitcoin infrastructure With this acquisition, NYDIG's portfolio will include more than 270MW of power generation equipment, strengthening its position in protecting the proof-of-work network for Bitcoin Crusoe's activities are renowned for using Digital Flare..
1 year ago

New York Eyes Crackdown on Sweepstakes Casinos and Sportsbooks

Sweepstakes casinos and sportsbooks could soon face stricter regulations in New York Recent comments from New York State Gaming Commission Chair Brian O’Dwyer suggest that the state may take decisive action against these platforms During a recent commission meeting, O’Dwyer voiced his worries about sweepstakes operators He pointed out that..
1 year ago
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