Will cryptocurrency be the future of the gaming industry?

The odds that Bitcoin drops to $10,000 in 2021 were 8/11 (57.9% implied probability), according to betting aggregators US-Bookies.com.

Bitcoin is one of the most famous cryptocurrencies. In April of this year, it reached an all-time high, rising to a maximum of $64,850, but it has been falling since then. Until today, the price has been hovering around 30,000 to 39,000 US dollars. The market is in extreme panic, all the gains in 2021 have been wiped out, and the price now returns to the level of February 2021.

However, cryptocurrency still has its advantages.

More and more people in the global market have begun to study the use of cryptocurrency, and many companies have established online casinos through blockchain. And many well-known and popular gambling sites have begun to accept Bitcoin or other cryptocurrencies, such as Ethereum, Ripple, etc.

With the gradual popularity of NFT and decentralized applications (dapps), I believe there are opportunities to unlock more potential, provide users with different services and enhance the gaming experience.

We will wait and see for the future of the gaming industry with cryptocurrency and blockchain.