Casino Betting Coin surges 180 percent following rebrand

						Array
(
    [conclusion] => Array
        (
            [0] => 
        )

    [post_sponsor_aff_link] => Array
        (
            [0] => 
        )

    [casino_url] => Array
        (
            [0] => 
        )

    [casino_street_address] => Array
        (
            [0] => 
        )

    [casino_post_code] => Array
        (
            [0] => 
        )

    [year_founded] => Array
        (
            [0] => 
        )

    [withdrawal_limit] => Array
        (
            [0] => 
        )

    [reviewrating] => Array
        (
            [0] => 
        )

    [bestrating] => Array
        (
            [0] => 
        )

    [cgn_score] => Array
        (
            [0] => 
        )

    [casino_key_feature_1] => Array
        (
            [0] => 
        )

    [casino_key_feature_2] => Array
        (
            [0] => 
        )

    [casino_key_feature_3] => Array
        (
            [0] => 
        )

    [bonus_text_top] => Array
        (
            [0] => 
        )

    [bonus_text_bottom] => Array
        (
            [0] => 
        )

    [casino_review_reference] => Array
        (
            [0] => 
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_thumbnail_id] => Array
        (
            [0] => 14881
        )

    [ppma_authors_name] => Array
        (
            [0] => David
        )

)

Updated September 21, 2022 | Published August 4, 2020

2 mins read

CashBet Coin was most notable for its high profile sponsorship of English Premier League team Arsenal back in 2018.

CBC was also successfully integrated as a payment method for players on igaming giant Greentube’s social casino platform, GameTwist.

But while there had been little movement on the coin’s price over recent months, its value has surged over the past couple of weeks. In July alone, the market cap of Casino Betting Coin almost trebled (up 180 percent), closing the month at $4.5 million.

CBC currently trades at Kucoin and HitBTC.

Casino Betting Coin announced on Twitter last month that it was rebranding to its new name to reflect “the coin’s test and proven utility in the iGaming environment”. It also promised “big announcements” soon.

But what may well be getting speculators excited is the announcement in March that Greentube – the online division of one of the world’s largest gambling companies, Novomatic – had acquired the majority of the CBC cryptocurrency as well as the underlying technology.

Greentube undoubtedly has the resources and expertise to roll out blockchain technology on a scale not yet seen within the gaming industry. Investors appear to be betting that CBC could be at the heart of such a move.

While Greentube has been silent on the issue since it acquired a majority of CBC in March, investors will be watching closely.

David

David is co-founder of CryptoGamblingNews.com, and has worked in the crypto gambling space since 2015.

View all posts

Aviatrix launches 500,000 euro network tournament | Where to play Aviatrix

We’re hiring

Aviatrix changes the game for the crash genre

BetDEX CEO: “We are confident decentralized betting will go mainstream”

Paradox Q&A: “Peer-to-peer betting and web3 are a perfect match”

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Array ( [0] => WP_Term Object ( [term_id] => 6386 [name] => crypto fraud [slug] => crypto-fraud [term_group] => 0 [term_taxonomy_id] => 6386 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 21 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 5866 [name] => crypto mining [slug] => crypto-mining [term_group] => 0 [term_taxonomy_id] => 5866 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 26 [filter] => raw ) [2] => WP_Term Object ( [term_id] => 5780 [name] => energy [slug] => energy [term_group] => 0 [term_taxonomy_id] => 5780 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 3 [filter] => raw ) [3] => WP_Term Object ( [term_id] => 4694 [name] => Joe Biden [slug] => joe-biden [term_group] => 0 [term_taxonomy_id] => 4694 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 14 [filter] => raw ) [4] => WP_Term Object ( [term_id] => 8602 [name] => loans [slug] => loans [term_group] => 0 [term_taxonomy_id] => 8602 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 3 [filter] => raw ) )

Array ( [0] => WP_Term Object ( [term_id] => 8479 [name] => Beam [slug] => beam [term_group] => 0 [term_taxonomy_id] => 8479 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 8081 [name] => ChatGPT [slug] => chatgpt [term_group] => 0 [term_taxonomy_id] => 8081 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 6 [filter] => raw ) [2] => WP_Term Object ( [term_id] => 3162 [name] => coinbase [slug] => coinbase [term_group] => 0 [term_taxonomy_id] => 3162 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 191 [filter] => raw ) [3] => WP_Term Object ( [term_id] => 7961 [name] => GALA [slug] => gala [term_group] => 0 [term_taxonomy_id] => 7961 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 4 [filter] => raw ) [4] => WP_Term Object ( [term_id] => 7353 [name] => Gala Games [slug] => gala-games [term_group] => 0 [term_taxonomy_id] => 7353 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 9 [filter] => raw ) [5] => WP_Term Object ( [term_id] => 8477 [name] => Merit Circle [slug] => merit-circle [term_group] => 0 [term_taxonomy_id] => 8477 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [6] => WP_Term Object ( [term_id] => 8471 [name] => PEPE [slug] => pepe [term_group] => 0 [term_taxonomy_id] => 8471 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 4 [filter] => raw ) [7] => WP_Term Object ( [term_id] => 4719 [name] => stablecoins [slug] => stablecoins [term_group] => 0 [term_taxonomy_id] => 4719 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 61 [filter] => raw ) [8] => WP_Term Object ( [term_id] => 4882 [name] => The Ledger [slug] => the-ledger [term_group] => 0 [term_taxonomy_id] => 4882 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 96 [filter] => raw ) )

Array ( [0] => WP_Term Object ( [term_id] => 7297 [name] => BGaming [slug] => bgaming [term_group] => 0 [term_taxonomy_id] => 7297 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 6 [filter] => raw ) [1] => WP_Term Object ( [term_id] => 5508 [name] => eToro [slug] => etoro [term_group] => 0 [term_taxonomy_id] => 5508 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 8 [filter] => raw ) [2] => WP_Term Object ( [term_id] => 5138 [name] => FTX [slug] => ftx [term_group] => 0 [term_taxonomy_id] => 5138 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 131 [filter] => raw ) [3] => WP_Term Object ( [term_id] => 4591 [name] => metamask [slug] => metamask [term_group] => 0 [term_taxonomy_id] => 4591 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 12 [filter] => raw ) [4] => WP_Term Object ( [term_id] => 8419 [name] => Rashawn Russell [slug] => rashawn-russell [term_group] => 0 [term_taxonomy_id] => 8419 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [5] => WP_Term Object ( [term_id] => 8396 [name] => REEVO [slug] => reevo [term_group] => 0 [term_taxonomy_id] => 8396 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [6] => WP_Term Object ( [term_id] => 8423 [name] => RMIT University [slug] => rmit-university [term_group] => 0 [term_taxonomy_id] => 8423 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [7] => WP_Term Object ( [term_id] => 8408 [name] => Scatters Club [slug] => scatters-club [term_group] => 0 [term_taxonomy_id] => 8408 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 2 [filter] => raw ) [8] => WP_Term Object ( [term_id] => 4882 [name] => The Ledger [slug] => the-ledger [term_group] => 0 [term_taxonomy_id] => 4882 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 96 [filter] => raw ) [9] => WP_Term Object ( [term_id] => 2994 [name] => twitter [slug] => twitter [term_group] => 0 [term_taxonomy_id] => 2994 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 50 [filter] => raw ) [10] => WP_Term Object ( [term_id] => 5022 [name] => Warren Buffett [slug] => warren-buffett [term_group] => 0 [term_taxonomy_id] => 5022 [taxonomy] => post_tag [description] => [parent] => 0 [count] => 12 [filter] => raw ) )

Casino Betting Coin surges 180 percent following rebrand

Best Casinos to play with…
Bitcoin

Bitcoin

Ethereum

Tether

Similar News

THE LEDGER: Biden goes after crypto mining, while Coinbase...

The Ledger: ChatGPT forecasts BTC will hit $120k, Coinbase...

The Ledger: Twitter ups crypto strategy, Buffett renews crypto...

Best Casinos to play with… Bitcoin Bitcoin Ethereum Tether

Similar News

THE LEDGER: Biden goes after crypto mining, while Coinbase...

The Ledger: ChatGPT forecasts BTC will hit $120k, Coinbase...

The Ledger: Twitter ups crypto strategy, Buffett renews crypto...

Best Casinos to play with…
Bitcoin

Bitcoin

Ethereum

Tether