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Elon Musk’s Tesla Still Holds $387 Million in Bitcoin – Decrypt

Although Tesla didn’t mention Bitcoin in its most recent quarterly earnings report, analysts have concluded that Tesla Inc.'s (TSLA) Bitcoin holdings remained steady in...

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US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion

Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of...

Crypto VS Stocks – Key Differences Traders Should Know

IntroductionParticularly in the previous few years, cryptocurrency has swept the globe. Bloomberg estimates that the combined value of all these virtual currencies has reached...

One Million Commerce Payments Made with Crypto Last Year

Close to one million commercial payments were made with crypto last year, and that’s just through one crypto payment processor. CoinGate, which says it has...

Why A Bitcoin Ban In The EU Is Likely… And Stupid

This is an opinion article by Guglielmo Cecero, the legal manager of European bitcoin investment app Relai, and Raphael Schoen, the content lead at...

Bitcoin Payment Demoed at South Africa’s Retail Giant

Pick n Pay, one of South Africa’s biggest supermarket chain, is trialling bitcoin payments with YouTuber Paco De La India giving it a go...

AMC Theatres Now Accepting Dogecoin And Shiba Inu For Online Payments

AMC Theatres Dogecoin Shiba Inu

As previously promised, customers of AMC Theatres, a subsidiary of AMC Entertainment, will now be able to pay with meme coins Dogecoin (DOGE) and Shiba Inu (SHIB)- thanks to a partnership with BitPay, a crypto payment company. The CEO of the world’s most prominent movie exhibition company made the announcement on Twitter today, saying the company is making the move in response to the ‘clear enthusiasm and interest’ shown by customers. Since their inception, communities of both meme coins have been working hard to encourage businesses to accept the tokens as a form of payment. Adopting Dogecoin and Shiba Inu as Crypto Payments A widely acknowledged reality is that the use of cryptocurrencies and blockchain technology in daily life is increasing day by day, and those who refuse to make the transition are falling more and further behind. Following months of promising the new payment option, the firm revealed last year that it had finally implemented cryptocurrency payments for movie tickets. At the time, it only accepted Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Litecoin Cash (LTC), with the promise that DOGE would follow shortly after. A Twitter poll was also created by the company’s CEO, Aaron Adams, to determine if Shiba Inu (SHIB), another famous meme cryptocurrency that just surpassed Dogecoin in terms of market valuation, should be added to the list of supported cryptocurrencies. According to the results of the poll, the majority of the votes were in support of the movie theater chain embracing SHIB. AMC Theatres is not the only US movie theater chain accepting Dogecoin, Shiba Inu, and other cryptocurrencies for payment of movie tickets. Last year, Regal Cinemas, an American movie theater chain based in Knoxville, Tennessee, announced a partnership with Flexa, a digital payments company, to enable customers to pay for tickets and concessions using digital currencies such as Bitcoin, Dogecoin, Ethereum, and Litecoin.

The post AMC Theatres Now Accepting Dogecoin And Shiba Inu For Online Payments appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin is a bubble.

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Bitcoin uses peer-to-peer technology to operate with no central authority or...

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