Issue 1 – 2023 Crypto Live Casino News – Keep track of your live casino crypto value!

Catch up with the latest live casino cryptocurrency gossip all in one place via Issue 1 – 2023 Crypto Live Casino News, the first of 12! (Photo by Arvi Pandey on Pixabay)

Welcome to the first Livecasinocentral cryptocurrency report of 2023.

‘Issue 1 – 2023 Crypto Live Casino News’ gives you insights into what you can expect from the iGaming market once the new Malta Gaming Authority (MGA) licensing authority’s new crypto framework kick into action at the end of February, new companies jumping on the Fastex blockchain’s FTN crypto.

Plus, this week’s report will feature BTC, BCH, LTC, TRON, XRP, ETH and USDT price watches to see how the year has started for these cryptocurrencies and where they may be headed.

Which live casinos online will introduce cryptocurrency?

Right now we are going through an exciting new change in iGaming with the Malta Gaming Authority (MGA) on the verge of bringing in a new crypto framework. For those of you that prefer to play at online casinos operating under the MGA licensing framework, and you are looking for a safe place to bet on live casino games using crypto, you will soon have the best of both worlds.

Currently, only Evolution, Pragmatic Play Live, Ezugi and Absolute Live Gaming software providers have crypto-enabled live dealer games, but this could be about to change. The MGA approved BetConstruct to operate crypto online gambling games, and the company is connected to CreedRoomz, so this could yet another live dealer game collection you can bet using cryptos like BTC, ETH and DOGE.

As for live casinos that will adopt cryptos, we could see industry award-winning brands like LeoVegas, 888Casino, Wildz and/or Wheelz beginning to offer crypto gambling! Also, we can expect online casinos under SOFTSWISS to utilise the white-label aggregator’s crypto tech already used by hundreds of casino operating under the Curacao licensing framework. That could means the likes of SlotWolf, where you’ll find some of the best live dealer bonuses online, will almost certainly begin to offer crypto options under its MGA licensing.

Watch this space: As soon as live casinos licenced by the MGA begin to include crypto as a casino deposit method, we’ll make a note of it and you’ll see a list of them in the next Issue 1 – 2023 Crypto Live Casino news report because that’s what we do – keep you informed!

Issue 1 – 2023 Crypto Live Casino Price Watch

The crypto market in 2022 started will bullish growth because of the exponential growth in 2021, with new projects and unsubstantiated, aggressive investments. Venture capital drove the bullish run and to some degree, retail investors, in the expanding crypto environment. Many felt that this run would yield high returns and provide a new source of wealth generation.

The market seemed poised to take off and surge to new to unrealized highs… but by April the crypto market cap had been reduced considerably, losing $1 trillion of its value.

Many funds collapsed because they were overleveraged and loans were uncollateralised and massive selloffs ensued. Many of the DeFi platforms could not return customer funds, continuing the collapse of the market.

The chaos of the market in the latter part of 2022 caused many countries to re-evaluate their stance on the crypto market. New regulatory committees have been set up to investigate and monitor the previously accepted evolution and rollout of the crypto market.

As we start 2023, trust will have to be restored to investors in order for the market to grow and regain its previous losses. Other factors will play an important role in propelling the market such as NFT infrastructure and the development of web3 gaming.

Market analysts believe that Bitcoin is still the “go-to” for long-term value and a good hedge against inflation. Inflation is expected to continue in 2023 and decline in 2024. They predict that 2024 will bring back big investors in the crypto market and the equity markets as well.

Crypto Price Analysis

• Bitcoin (BTC) – BTC has begun the year with a bullish start. The crypto market leader has gained 26% of its 2022 losses in the last 2 weeks. It is currently trading at just over $21,000 USD and the new bullish target is $22,500 and could see a good run once it reaches this important high. This new level may also create a market transition that would see a significant rise in the overall crypto environment.
• Bitcoin Cash (BCH) – BCH has followed BTC and has also gained 26% of its yearly losses since the start of the year. It surged 10% last Friday and finished the day at $125.10 USD and has continued its move in positive territory over the weekend.
• Litecoin (LTC) – LTC was showing resistance at $80 USD last week but has surpassed that and pushed up to $87.10 USD. Market analysts believe that if the market remains stable it could see a bullish rally to $110 USD. The last 2 weeks have seen LTC gain 17% and looks to breakout again to new highs.
• TRON (TRX) – This crypto token has held up quite admirably over the last year, only coming off 10%. Since January 2^nd, it has gained !4% in value and closed at $0.063 USD. Crypto analysts feel that TRON will come off in the coming days based on technical indicators.
• Ripple (XRP) – XRP still has the SEC lawsuit hanging over its head. Analysts believe that if the court favors XRP, this coin will take off but is currently showing resistance at $0.41 USD. XRP is closed at $0.40 USD and has had a good run, increasing in value of 14% in the last 2 weeks.
• Ethereum (ETH) – ETH has enjoyed a 29% gain in the last 14 days, getting rid of the shorts in the market. It has risen on the news of the Shanghai upgrade but analysts believe the ETH bulls are pretty much finished and the altcoin’s price could plummet. The Shanghai upgrade will improve ETH scalability and infrastructure, a precursor to the “Surge” phase, but not enough to push up the price. ETH is currently trading at $1,576 USD.
• Dogecoin (USDT) – Recent support from Elon Musk on Twitter has increased the price of Dogecoin, with his comments on a Twitter cypto integration. Musk’s team is developing a payment service that will eventually include debit cards and bank accounts. The price closed at $0.087 and has enjoyed a 15% increase since those comments.

Disclaimer: Issue 1 – 2023 Crypto Live Casino News is purely for informational purposes. We do not encourage or discourage investment in crypto and we are not self-proclaimed cryptocurrency market analysis experts. We are purely here to let you know what is happening on iGaming’s crypto scene.