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


Santiment Identifies 20 Digital Assets Primed for Potential Upswing

Crypto analytics platform Santiment has identified 20 digital assets that may be poised for a rally, based on public sentiment trends According to the platform, these assets are currently receiving a significant amount of negative sentiment across social media channels like X, Reddit, and Telegram, making them strong candidates for a potential..
2 years ago

FSC Launches Investigation into South Korea’s Leading Crypto Exchange Upbit

The largest cryptocurrency exchange in the country, Upbit, is the subject of an investigation by the Financial Services Commission (FSC) of South Korea due to growing worries about its market dominance and tight ties to K Bank The financial authority of the nation is making this disclosure in an effort to evaluate the power dynamics inside the..
2 years ago

Thailand’s SEC Proposes Crypto Investment Expansion for Mutual and Private Funds

In response to increased demand from institutional investors, Thailand's Securities and Exchange Commission (SEC) is working toward permitting mutual and private funds to invest in cryptocurrency goods On October 9, 2024, a proposal was released with the goal of expanding access for cryptocurrency exchange-traded funds (ETFs) that are listed on..
2 years ago

Delaware Sports Betting Sees Dramatic Increase in September

There has been a noticeable increase in sports betting activity, according to recent data from Delaware Lottery Games The state reported $232 million in total wagering handle for September With this remarkable amount, the fiscal year 2024–2025 is off to a great start The total amount raised to $434 million September also saw the largest wagering..
2 years ago

Taiwan to Trial Crypto Custody Services in Banks by 2025

Beginning in the first quarter of 2025, the Financial Supervisory Commission (FSC) of Taiwan intends to test out cryptocurrency custody services in regional banks As per a Central News Agency (CNA) source, three private banks have shown their interest in taking part in the scheme With a focus on security and regulation, Taiwan intends to..
2 years ago

Vaneck Ventures Launches $30 Million Fund for Fintech, AI, and Digital Assets

Global investment management company Vaneck has launched a $30 million venture fund targeted at fintech, digital assets, and artificial intelligence (AI) startups in their early stages of development The fund, known as Vaneck Ventures, invests on pre-seed and seed-stage companies in these quickly expanding industries that are creating disruptive..
2 years ago

Gate.io Invests $10 Million in TON Blockchain to Boost Telegram Projects

Cryptocurrency exchange Gateio has made a significant move by investing $10 million in The Open Network (TON) blockchain This investment aims to accelerate the development of Telegram-based blockchain projects and foster innovation within the web3 ecosystem The announcement came on October 9, marking a strategic shift for Gateio as it seeks to..
2 years ago

Majority of Crypto Investors Favor Dollar-Cost Averaging, Kraken Survey Reveals

A considerable proportion of bitcoin investors favor dollar-cost averaging (DCA) as their preferred method, according to a recent Kraken survey A noteworthy 8353% of the 1,109 participants reported using DCA at least once during their investing experience, and 59% of them verified using it as their primary approach for purchasing..
2 years ago

ECB Report Questions Stablecoins’ Stability as Crypto Safe-Haven

A recent European Central Bank (ECB) study has indicated that stablecoins are particularly susceptible to US monetary policy fluctuations Stablecoins' durability is called into doubt in the working paper "Stablecoins, Money Market Funds, and Monetary Policy," which demonstrates that contractionary US policy has a greater detrimental effect on..
2 years ago

Ethiopia Powers Up Bitcoin Mining with 600MW Surge, Strengthens Industry Backing

Ethiopia is rapidly positioning itself as a key player in the global Bitcoin mining landscape Local crypto mining operations have already reached a significant milestone, consuming 600MW of electricity, and the country expects to expand capacity further by the end of this year Ethiopia’s Bitcoin mining sector, currently utilizing 600MW of..
2 years ago

North Carolina Sees Surge in Sports Betting Activity This September

North Carolina sports bettors were excited about the return of football and placed large wagers in September A three-month summer slump came to an end this month when bettors wagered over $575 million, marking a notable comeback The eight licensed operators in the state reported collecting more over $12 million in tax money, which is double the..
2 years ago

Bitlayer Raises $9M in Extended Series A, Prepares for V2 Launch

In its extended Series A investment round, Bitlayer, a well-known Layer 2 platform based on Bitcoin, raised an additional $9 million With this most recent investment, the total amount raised has reached $25 million, indicating a high level of investor trust prior to the planned release of Bitlayer V2 Venture finance company Polychain finance..
2 years ago

China Strengthens Strategic Relations with Russia on Diplomatic Anniversary

By leveraging organizations like the Shanghai collaboration Organization (SCO) and the BRICS to advance collaboration, China has underlined its commitment to fortifying its relations with Russia At the 75th anniversary of the two countries' diplomatic relations, State Councilor Shen Yiqin stressed the value of multilateral alliances, especially..
2 years ago

UN Urges Southeast Asia to Criminalize Unlicensed Money Services and Virtual Asset Providers

Southeast Asian nations are being urged by the United Nations Office on Drugs and Crime (UNODC) to make it illegal to operate a money service firm or virtual asset service provider (VASP) without the required license The agency voiced concerns in a recent study over the possibility that certain unlicensed VASPs, who have connections to recognized..
2 years ago

Kentucky Horse Racing Commission Reports Strong Sports Wagering Figures for 2023/24

The sports wagering data for the fiscal year 2023–2024, which spans from September 2023 to August 2024, have been released by the Kentucky Horse Racing Commission (KHRC) A staggering $239 billion was wagered over this time span The numbers clearly show that sports betting via the internet is preferred over in-person choices Only $87 million..
2 years ago

Telegram a Key Platform for Crypto Scams and Laundering, Says UN

A recent study from the United Nations claims that popular messaging app Telegram is being used more often by criminal organizations in Southeast Asia to support their illicit operations Telegram's encrypted messaging capabilities and lax moderation make it a desirable venue for cybercriminals engaged in money laundering, data theft, and the..
2 years ago

BRICS Eyes Petroyuan to Challenge Dollar Dominance

According to reports, the BRICS alliance is looking at creating a "petroyuan" as a substitute for the US dollar in international oil commerce BRICS—Brazil, Russia, India, China, and South Africa—was founded in the beginning and has since grown It is getting ready to consider its next strategic moves at a conference in Kazan,..
2 years ago

Metaplanet Expands Bitcoin Holdings to Over $40 Million

Japanese investment firm Metaplanet (3350) has increased its Bitcoin (BTC) reserves by acquiring an additional 1 billion yen ($67 million) worth of the cryptocurrency This move brings the company's total BTC holdings to 6395, valued at approximately $406 million based on current prices Strategic Bitcoin Purchases Continue In its recent..
2 years ago

Bitcoin Set to Outperform Altcoins as Dominance Increases, Analyst Predicts

For the foreseeable future, prominent cryptocurrency analyst Benjamin Cowen predicts that Bitcoin (BTC) will continue to beat altcoins During a recent strategy session, Cowen analyzed Ethereum’s Bitcoin pair (ETH/BTC), which is often seen as a strong indicator of altcoin performance Bitcoin Dominance on the Rise Cowen noted that although..
2 years ago

Sorare Takes Legal Stand Against UKGC’s Claims of Unlicensed Gambling

The cryptocurrency-based fantasy sports platform Sorare has pleaded not guilty in response to accusations made by the UK Gambling Commission (UKGC) According to the commission, Sorare participated in unlawful gaming activities within the United Kingdom The UKGC's accusations focus on Sorare’s operations, asserting that the company breached..
2 years ago