Bitcoin Now Accepted for Everyday Shopping in Frankfurt Sports Shop

10.06.2024 09:55 51 times read Reading time: 2 minutes 0 Comments

Does Bitcoin Work as a Means of Payment for Everyday Shopping?

An article in the FAZ - Frankfurter Allgemeine Zeitung reports that a sports shop in Frankfurt now accepts Bitcoin as a means of payment. The shop owner, Jost Wiebelhaus, explains that payment with Bitcoin is very simple, as it involves scanning a QR code.

Over a Million Bitcoin: ETF Issuers are Draining the Market

According to a report from FinanzNachrichten.de, spot Bitcoin ETFs have bought over a million Bitcoins worldwide. This development could lead to another price explosion, as the supply of new Bitcoins becomes increasingly scarce due to the recent halving.

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Timing and Cycles: How Long Will the Current Bitcoin Bull Run Last?

BTC-ECHO | Bitcoin & Blockchain since 2014 analyzes the current phases of the crypto market and forecasts an upcoming breakout of the next bull run by fall 2024 or 2025. The analysis is based on historical cycles following each halving and global economic factors such as monetary expansion.

Billionaires Are Flocking to This Bitcoin ETF That Could Increase by Over 2000%

Börse Online reports in their article (Börse Online) that prominent billionaires have massively bought shares in the iShares Bitcoin Trust. Analysts even believe that this ETF could increase by more than 2000%, making it particularly attractive for investors.

78-Year-Old Falls Victim to Bitcoin Scam - Speyer - DIE RHEINPFALZ

According to a report from Rheinpfalz.de, an elderly man from Speyer fell victim to a scam involving alleged profits from a Bitcoin investment. Thanks to the intervention of a bank employee, further damage was prevented. The police warn against disclosing personal information or paying fees for supposed winnings.

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Article Summary

A sports shop in Frankfurt now accepts Bitcoin for payments, while spot Bitcoin ETFs have bought over a million Bitcoins globally, potentially leading to another price surge. Analysts predict the next bull run by fall 2024 or 2025 based on historical cycles and economic factors; meanwhile, prominent billionaires are investing heavily in the iShares Bitcoin Trust ETF, which could see significant gains.

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» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.