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Crypto IRL: Belgian Burger Chain Embraces Digital Currency | by Blockchain.com | @blockchain | Jun, 2023

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4 days ago

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Blockchain.com

@blockchain

In a world where cryptocurrencies are gaining momentum, the mainstream adoption of digital currencies is no longer a distant dream.

Businesses across industries are starting to recognize the potential of cryptocurrencies and are embracing them as a viable payment option.

In this edition of Blockchain.com’s Crypto IRL series, we’re sharing an inspiring story of a Belgian burger chain that has taken a giant leap forward by accepting crypto payments.

The Rise of Crypto Adoption in Belgium

Belgium, a country known for its gastronomic delights, has witnessed a remarkable development in the cryptocurrency landscape.

As reported by Crypto News, a popular burger chain in Belgium, Black & White Burgers, has joined the ranks of forward-thinking businesses by enabling customers to pay for their meals with cryptocurrencies. This bold move exemplifies the growing acceptance of digital currencies and sets an exciting precedent for others to follow.

Enhancing Payment Options

Gone are the days when traditional payment methods like cash or credit cards were the only choices available. The burger chain’s decision to embrace crypto payments reflects an understanding of the evolving needs and preferences of its customers.

By expanding their payment options, the chain acknowledges the growing demand for cryptocurrencies and seeks to provide greater convenience and flexibility to its patrons.

Streamlining Transactions with Crypto

The adoption of cryptocurrencies brings numerous benefits to both businesses and customers alike. With crypto payments, transactions become faster, more secure, and less prone to fraudulent activities.

By leveraging the power of blockchain technology, the burger chain ensures transparent and immutable records of each transaction, enhancing trust and accountability.

Embracing Innovation

Black & White Burger’s decision to accept cryptocurrencies demonstrates their willingness to embrace innovation and adapt to changing times. It highlights their commitment to staying at the forefront of technological advancements and catering to the evolving demands of their customers. This forward-thinking approach positions the chain as a leader in the industry, attracting tech-savvy consumers who value the convenience and modernity that crypto payments offer.

Inspiring Others to Follow Suit

This trailblazing initiative by the Belgian burger chain is expected to inspire other businesses to explore crypto payment options. As the crypto ecosystem gains mainstream recognition, more companies will realize the advantages of accepting cryptocurrencies.

The positive feedback and increased patronage received by the burger chain are likely to motivate other establishments to follow in their footsteps, creating a domino effect that accelerates the adoption of cryptocurrencies in various sectors.



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Binance Coin

Bitcoin price eyes $26K ‘acceleration’ zone as Binance fears fade

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3 hours ago

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June 18, 2023

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Bitcoin headed toward a “crucial area” after the June 16 Wall Street open, as a recovery from three-month lows continued.

BTC/USD 1-hour chart. Source: TradingView

Bitcoin reinforces rebound from multi-month lows

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $26,000 on Bitstamp.

The Bitcoin (BTC) price built on an overnight rebound from its lowest levels since early March amid ongoing regulatory and macroeconomic pressures.

For Michaël van de Poppe, founder and CEO of trading firm Eight, $26,000 represented a key level for bulls to flip next.

“Long weekend is coming up with the bank holiday on Monday,” he told Twitter followers, referencing the Juneteenth holiday in the United States.

“For Bitcoin, crucial area to break is $26K. If that breaks, we’ll have some acceleration. I’m still long, would still long if we reach $24.4K too.”

That $24,400 downside area of interest was already in focus for various popular traders.

Among them was Daan Crypto Trades, who predicted a return closer to $26,000 as part of a narrowing wedge structure in place on lower timeframes.

“This dip into $24,000 is a great opportunity,” fellow trader Jelle wrote in part of the day’s tweets, adding that the Twitter user was “ready for the bull market.”

Market joins Binance CEO in dismissing France “FUD”

June 16, meanwhile, marked another test for major exchange Binance, with France launching investigative proceedings hours after an announcement that Binance would quit the Netherlands altogether over regulatory difficulties.

Related: 3 Bitcoin price metrics showing ‘insane’ similarities to 2020 breakout

Markets appeared immune to the news, however, and in characteristic fashion, Binance CEO Changpeng Zhao, known as CZ, called the France episode “FUD” — fear, uncertainty and doubt.

“France, surprise (no advanced notice) on-site inspections of regulated businesses are the norm, for banks, and now for crypto too. The surprise visit for Binance France happened a couple of weeks ago. It’s not ‘news.’ Binance France cooperated fully,” he tweeted on the day.

“Binance also isn’t the only crypto business inspected. This happened to other well known crypto businesses in Paris too. Binance France continues to be our flagship center in Europe.”

BNB/USD 1-hour chart. Source: TradingView

Binance’s in-house token, BNB (BNB), appeared similarly resilient, climbing to $240 on the day.

Magazine: Bitcoin is on a collision course with ‘Net Zero’ promises

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.