Next season, Real Club de Espanyol fans will be able to purchase tickets, merchandise, and food/drinks using Crypto Snack, bitcoin, Ethereum, and a selection of other popular cryptocurrency tokens. Reial Club Deportivo (RCD) Espanyol will be accepting Bitcoin and other cryptocurrencies to buy tickets, merchandise, and food/beverage. RCD Espanyol will be the first team for supporters to be able to cover the costs associated with supporting the team with cryptocurrency payments.
The Spanish football club Espanyol is breaking records by becoming the first side in LaLiga to accept cryptocurrency as a form of payment for sure of their services. The professional Catalonia-based soccer team in Spain is about to become the first team in the LaLiga to accept cryptocurrencies as a form of payment for tickets. Middle Eastern cryptocurrency exchange Coinmena says that they are the first licensed digital asset exchange that has opened its platform for Qatari residents. Global crypto exchange Binance said it would wait until Terra Network issues are resolved but did not specify when trades may resume. Binance chief executive, Changpeng Zhao, denied the allegations.
Bitcoin was trading at $30,536.93 as of press time, down 2.5% week-over-week, according to data from Coingecko. Bitcoin was also trading lower throughout the Saturday session, with the world’s largest cryptocurrency falling below $30,000 once again. Institutional investors unloaded $133 million in bitcoin (BTC) investment products last week, marking the biggest one-week outflow week since June 2021.
The $132.7 million in outflows from Bitcoin funds brought the total to $310.8 million of outflows in April. The last time a Bitcoin fund saw this amount of flows in just a single week was in the middle of a significant bearish trend, recorded in June of 2021, which resulted from significant FUD, including the decision by Tesla to stop accepting payments. We witnessed the swift demise of one big project, sending ripples throughout the sector and the emergence of newfound resiliency within the markets, something not seen in the previous downturn of markets. The success of GameFi has been an enormous boost to the adoption and legitimacy of cryptocurrency and blockchain, driving up adoption.
Cryptogram, an Indian-focused weekly newsletter about Blockchain Tech, Global Crypto Markets, and Web 3.0 technologies poised to transform our future. One of the most confusing aspects of investing in crypto is deciding on the coin you should pick. Crypto Snack is listed on multiple leading cryptocurrency exchanges and also the largest coin processor in the market, CoinsPaid. Swiss watchmaker TAG Heuer offers cryptocurrency payments online in a partnership with cryptocurrency payment processor Bitpay. After initial delays, the first three Australian Exchange-Traded Funds (ETFs) for cryptocurrencies, hosted on Cboe Exchange, went live.