It’s Invest Diva's Kiana Danial https://www.investdiva.com/ with NewsBTC and here is your cryptocurrency update. With the Supreme Court in the US allowing sports betting, there is one cryptocurrency that we should pay close attention to: UnikoinGold. The Supreme Court struck down a 1992 federal law on Monday that effectively banned commercial sports betting in most states. This has opened the door to legalizing the estimated $150 billion in illegal wagers on professional and amateur sports that Americans make every year. Unikrn, the company behind UnicoinGold was established in November of 2014. They run a fully-regulated and licensed esports bookmaker, and have a close relationship with Australia’s largest betting company, Tabcorp. In 2015, they raised a total of $10,000,000 from the likes of Ashton Kutcher and Mark Cuban. UnikoinGold, on the other hand, has not been getting much love since its January 2018 crash. Unlike most other cryptocurrencies which at least corrected some of the losses in the past few months, UnikoinGold (UKG) has been consolidating below the $0.50 resistance level, unable to form any form of an uptrend towards the all-time-high levels above $2.00. This could be because the cryptocurrency ranks pretty low on the market cap list. With almost $28 million in market capitalization, UKG ranks 319 and has been down 5.34% on Wednesday at the time of filming. Thanks for watching, invest responsibly, and I’ll see you with more updates next time.