{"id":785,"date":"2022-12-06T14:46:40","date_gmt":"2022-12-06T14:46:40","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=785"},"modified":"2022-12-06T14:46:41","modified_gmt":"2022-12-06T14:46:41","slug":"crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/","title":{"rendered":"Crypto Traders Set Head for the World Cup as Cryptocurrencies Face Calamity"},"content":{"rendered":"\n<p>Cloudbet, the world&#8217;s oldest cryptocurrency online bookmaker and casino, has taken part in the 2022 FIFA World Cup.<\/p>\n\n\n\n<p>A representative from Cloudbet said: \u00abWith sentiment around cryptocurrencies so low after <strong>FTX <\/strong>imploded, we weren\u2019t sure what to expect this year. But new Cloudbet accounts are being opened at a record pace, first time deposits are up nearly double, and we\u2019re seeing incredible enthusiasm among bettors. The World Cup appears to have brought crypto traders and holders out of their funk and back into the arena.\u00bb<\/p>\n\n\n\n<p>According to Cloudbet, players are also showing a lot of interest in lesser known blockchains like <strong>TRON<\/strong>: \u00abOur highest deposits by volume this World Cup have been from TRON, which is new for us. We expect it has to do with bettors moving funds to stablecoins during market uncertainty, and then using those stablecoins to buy into the sportsbook.\u00bb&nbsp;<\/p>\n\n\n\n<p>A Cloudbet spokesperson said the next largest tokens were <strong>Smart Chain<\/strong> from <strong>BNB<\/strong>, followed by <strong>Ethereum <\/strong>and <strong>Bitcoin<\/strong>.<\/p>\n\n\n\n<p>\u00abOur main marketing strategy for betting during the World Cup has been a kind of word of mouth system of referrals, which allows any player the chance to earn lifetime loyalty point commissions on bets their friends make. It\u2019s almost working too well at this point. Players are earning points so quickly that we\u2019ve had to add some big ticket items to our loyalty marketplace to give them things to save up for. There\u2019s even a lamborghini in there now.\u00bb&nbsp;<\/p>\n\n\n\n<p>The World Cup is the biggest betting event of all time, according to Cloudbet, and fans&#8217; enthusiasm for 2022 is huge. Many fans were disappointed with the choice of the host nation, Qatar, and in-person attendance was complicated by a last-minute rule change regarding alcohol consumption in the match and poor living conditions for fans.&nbsp;<\/p>\n\n\n\n<p>\u00abWe thought we might be looking at a one-two punch of low fan enthusiasm and crypto trader fear mentality. It turns out, when it comes to the World Cup, even crypto winter can\u2019t stop the party\u00bb<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/bit.ly\/3BHW1zr\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloudbet, the world&#8217;s oldest cryptocurrency online bookmaker and casino, has taken part in the 2022 FIFA World Cup. A representative from Cloudbet said: \u00abWith sentiment around cryptocurrencies so low after FTX imploded, we weren\u2019t sure what to expect this year. But new Cloudbet accounts are being opened at a record pace, first time deposits are [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[13,1,12],"tags":[1775,1776,659,1771,1783,1780,1778,668,1777,1769,1159,1773,1781,1770,1772,1774,1160,149,1779,309,802,64,1782,86,1530],"class_list":["post-785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-football","category-news","category-sport","tag-altcoins","tag-binance","tag-bitcoin","tag-bitcoin-forecast","tag-bitcoin-review","tag-bitcoin-today","tag-btc","tag-crypto","tag-crypto-for-beginners","tag-cryptocurrencies","tag-cryptocurrency-2","tag-cryptocurrency-2022","tag-cryptocurrency-for-beginners","tag-cryptocurrency-news","tag-earnings-on-cryptocurrency","tag-ether","tag-ethereum","tag-football","tag-match-review","tag-nhl","tag-qatar","tag-sports","tag-trading","tag-world-cup","tag-world-cup-2022"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Traders Set Head for the World Cup as Cryptocurrencies Face Calamity - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Traders Set Head for the World Cup as Cryptocurrencies Face Calamity - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Cloudbet, the world&#8217;s oldest cryptocurrency online bookmaker and casino, has taken part in the 2022 FIFA World Cup. A representative from Cloudbet said: \u00abWith sentiment around cryptocurrencies so low after FTX imploded, we weren\u2019t sure what to expect this year. But new Cloudbet accounts are being opened at a record pace, first time deposits are [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-06T14:46:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T14:46:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2022\/12\/Crypto-Traders-Set-Head-for-the-World-Cup-as-Cryptocurrencies-Face-Calamity.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1398\" \/>\n\t<meta property=\"og:image:height\" content=\"950\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ana Kobakhidze\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Kobakhidze\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\"},\"author\":{\"name\":\"Ana Kobakhidze\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/1444eb87c339a10fb03044577ed751a7\"},\"headline\":\"Crypto Traders Set Head for the World Cup as Cryptocurrencies Face Calamity\",\"datePublished\":\"2022-12-06T14:46:40+00:00\",\"dateModified\":\"2022-12-06T14:46:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2022\/12\/Crypto-Traders-Set-Head-for-the-World-Cup-as-Cryptocurrencies-Face-Calamity.png\",\"keywords\":[\"altcoins\",\"binance\",\"bitcoin\",\"bitcoin forecast\",\"bitcoin review\",\"bitcoin today\",\"btc\",\"crypto\",\"crypto for beginners\",\"cryptocurrencies\",\"cryptocurrency\",\"cryptocurrency 2022\",\"cryptocurrency for beginners\",\"cryptocurrency news\",\"earnings on cryptocurrency\",\"ether\",\"Ethereum\",\"Football\",\"match review\",\"NHL\",\"Qatar\",\"sports\",\"trading\",\"World Cup\",\"World Cup 2022\"],\"articleSection\":[\"Football\",\"News\",\"Sport\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\",\"name\":\"Crypto Traders Set Head for the World Cup as Cryptocurrencies Face Calamity - 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