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 Expands Access to Prediction Markets Through Brokerage Integration

By merging with brokerages, Kalshi, the online prediction market platform, is making a big move to increase the number of its users By making event-based trading more widely available, this action seeks to increase the number of people who can take part in prediction markets Stock traders will be able to access Kalshi's contracts in addition to..
1 year ago

Coinbase Acquires Spindl to Drive On-Chain Growth

The goal of Coinbase, one of the biggest cryptocurrency exchanges in the United States, is to onboard one billion users In order to help cryptocurrency developers become more visible, the firm has announced that it has acquired Spindl, an on-chain advertising platform In a blog post, Coinbase emphasized its goal of supporting developers in..
1 year ago

Senator Cynthia Lummis Challenges US Marshals Over Unanswered Bitcoin Questions

According to reports, US officials have not responded to Senator Cynthia Lummis' request for clarity on Bitcoin (BTC) that was confiscated from the Silk Road marketplace According to Bloomberg sources, Lummis' deadline of January 31 was not met by the US Marshals Service Lummis asked for information about the government's Bitcoin holdings, its..
1 year ago

Litecoin ETF Could Get SEC Approval Before XRP, Says Bloomberg Analyst

An exchange-traded fund (ETF) for Litecoin (LTC) may receive regulatory clearance before one for Ripple's XRP, according to a Bloomberg analyst Grayscale recently submitted a request to the US Securities and Exchange Commission (SEC) to turn its $161 million XRP trust into an exchange-traded fund (ETF), according to Fortune Other cryptocurrency..
1 year ago

India Reassesses Cryptocurrency Regulations During Global Policy Shifts

As the regulatory environment around the world changes, India is reviewing its cryptocurrency policies Ajay Seth, the secretary of economic affairs, acknowledged that a review has been necessitated by shifting global perceptions of digital assets India's cryptocurrency discussion paper, which was initially scheduled for September 2024, has been..
1 year ago

Colorado Sportsbook Revenue Drops Over 50% in December

The Colorado sports betting industry had a dismal year at the end of 2024, according to the Colorado Department of Revenue Sportsbooks processed $6484 million in wagers in December, which is essentially unchanged from the $648 million total in November The year-over-year reduction, however, was the more alarming trend For the first time since..
1 year ago

More Schools Could Be Caught in Basketball Game-Fixing Investigation

More schools may be involved in an expanding college basketball game-fixing investigation, according to reports The probe, which initially focused on former NBA player Jontay Porter and former Temple guard Hysier Miller, now includes Miami Heat guard Terry Rozier for his actions in a March 2023 game Authorities are looking into a potential..
1 year ago

Tether Reports $13 Billion Profit in 2024 from Bitcoin and Gold Gains

Tether reported a $13 billion profit for 2024, driven by rising Bitcoin and gold prices The company also increased its Bitcoin holdings for the first time since March, now holding nearly 84,000 BTC valued at around $78 billion by the end of the year The crypto firm behind USDT, the largest stablecoin, attributed $7 billion of its profits to US..
1 year ago

December 2024 Betting Handle Reaches $734 Million in Virginia

Virginia Lottery has published the sports betting figures for December 2024 The report shows a total handle of nearly $7344m, marking a 16% increase compared to the same month last year Online sports betting led the activity by generating almost $7295m in wagers during December In contrast, wagers placed at physical casino locations fell, with..
1 year ago

Grayscale Aims to Launch Spot XRP ETF on the NYSE

Grayscale Investments, which recently filed with the New York Stock Exchange (NYSE), is moving forward with its intentions to launch a spot XRP exchange-traded fund (ETF) By converting its current XRP Trust into an ETF, the company hopes to make it possible for fund shares to be traded on the open market By taking this additional action, Grayscale..
1 year ago

Bitwise Looks to Launch Dogecoin ETF, Files Application With SEC

The US Securities and Exchange Commission (SEC) has received an application from cryptocurrency investing firm Bitwise to introduce a spot exchange-traded fund (ETF) for Dogecoin (DOGE) This action is part of Bitwise's plan to capitalize on the increasing interest in memecoins, which have emerged as a popular investment and cultural phenomenon in..
1 year ago

Colorado’s December Sports Betting Handle Reaches $648.4M Despite Yearly Decline

In December 2024, Colorado's sports betting industry saw $6484 million in wagers, a 95% decrease from the same month in 2023 Nonetheless, the monthly total increased by 01%, indicating a minor improvement over November With $1668 million in wagers, football continued to be the most popular sport, followed by basketball with $1382 million With..
1 year ago

Terry Rozier Named in Federal Probe on Basketball Gambling Investigation

NBA guard Terry Rozier is currently being investigated by the federal government in connection with a broad basketball gambling scandal Authorities are looking into whether Rozier altered his playing time while he was with the Charlotte Hornets in 2023, according to a Wall Street Journal story The inquiry that resulted in Jontay Porter's NBA ban..
1 year ago

Kentucky’s Sports Betting Sees Growth, But Revenue Lags Behind Expectations

In Kentucky, sports betting increased by 11% by the end of 2024 over the previous year December's total handle of $293 million was the second-highest amount of the year, trailing only November's $3017 million, according to the Kentucky Horse Racing and Gaming Corporation The fact that betting activity topped $250 million for the fourth consecutive..
1 year ago

VCPG Urges Responsible Betting Ahead of the Super Bowl

As the Super Bowl approaches, the Virginia Council on Problem Gambling (VCPG) is reminding sports bettors to “know your limits” The much-anticipated game between the Kansas City Chiefs and the Philadelphia Eagles is scheduled for February 9, attracting a massive audience of both casual viewers and those participating in sports betting Dr..
1 year ago

KuCoin Agrees to $297M Settlement Over Compliance Failures

KuCoin, one of the world's largest cryptocurrency exchanges, has reached a settlement with the US government, agreeing to pay $297 million in penalties The exchange’s parent company, Peken Global Limited, pleaded guilty to operating an unlicensed money-transmitting business The US Attorney’s Office for the Southern District of New York..
1 year ago

Bitcoin Surges 3% After Powell Confirms Banks Can Serve Crypto Clients

Following comments made by US Federal Reserve Chair Jerome Powell at the most recent FOMC meeting, the price of bitcoin surged When the Fed decided on January 29 to maintain interest rates at 425% to 450%, the market first responded cautiously Powell's remarks regarding bitcoin banking, however, provoked a more robust reaction Bitcoin increased..
1 year ago

Czech National Bank Explores Bitcoin as Reserve Asset

By adding Bitcoin to the Czech National Bank's (CNB) reserves, Governor Aleš Michl is contemplating a radical change in the bank's asset strategy The coin might receive up to 5% of CNB's €140 billion reserves if it is authorized Michl’s Bold Proposal for Diversification Michl plans to present this proposal to the CNB board on January 30,..
1 year ago

NFLPA and DraftKings Reach Settlement Over NFT Contract Dispute

A settlement has been reached between DraftKings and the National Football League Players Association (NFLPA) on a lawsuit pertaining to an NFT contract Following a dispute over licensing rights and the management of NFTs associated with the name, image, and likeness (NIL) of active NFL players, this conclusion was reached Background of the..
1 year ago

NorthStar Gaming Secures CA$43.4 Million Loan to Fuel Growth Plans

With a new credit agreement, NorthStar Gaming Holdings Inc has obtained a substantial financial boost that will fortify its financial standing and aid in its strategic expansion initiatives With the help of Beach Point Capital Management LP, the business obtained a senior secured first lien term loan for CA$434 million, or roughly US$301 million..
1 year ago
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