Shiba Inu will is now accepted as a payment method by Argentine Real Estate Agency and El Corte Mágico; Walmart installs 200 Bitcoin ATMs in its US stores.
It’s a brand new week for the cryptoverse, and we are here to update you with the hottest and latest happenings for the past week! We are thrilled to inform you of the highlight of this week as we are thrilled with the upcoming Great Migration that’s right around the corner!
Are you ready for it? Let’s go! Here are last week’s top headlines!
PRViously on Crypto, Shiba Inu is now accepted as a payment method almost, and customers in Walmart can now buy Bitcoin in its US stores.
Also Read: PRViously on Crypto: Binance will shut down yuan trading on C2C platform, Crypto users in China will now face prosecution and sentence
Shiba Inu, dubbed as the Dogecoin Killer, is now accepted by small merchants.
The second biggest meme coin by market cap, Shiba Inu, is now becoming popular by small merchants. It is now accepted as a payment method.
It has been announced by Candoli Propiedades, an Argentinian real estate agency in Santa Clara del Mar, a town located on the Atlantic coast of Buenos Aires, that the agency is now accepting Shib Inu token as a payment method. They announced that the customers can now put their Shib holdings to work in buying or renting properties.
Within the same day, a Spanish shop that sells fresh fruit and vegetables, El Corte Mágico, now also supports Shib Inu as one of its payment methods.
These adoptions by small merchants came after the massive rally earlier this month. There are also major exchanges that made announcements that they will list Shib Inu in their roll of cryptocurrencies, which means further rally of the token.
Shannon Bray, a Candidate for US Senate 2022, has also shown support the the “Dogecoin Killer” by saying that “once Shiba Inu recaptures the $0.00003 price zone, it may reach a new all-time high soon after with little resistance”. Bray even changed his Twitter background in support of the token.
The question remains, will Shiba Inu go to $0.01 soon? Shiba Inu has been making rounds over listings to new platforms such as India-based ZebPay and Turkish BtcTurk, both the oldest and biggest platforms in their countries.
Lately, speculations have been over the cryptoverse that Robinhood is planning to list the “Dogecoin Killer” and hopes that the much anticipated 1 cent per token will be achieved.
Walmart installs 200 Bitcoin ATMs in Its US Stores
Walmart, an American multinational retail corporation, will now allow its customers to buy Bitcoin directly using the ATMs installed in its US shops. This was made possible by its collaboration with Coinme and Coinstar.
Walmart’s name got involved last month with speculations that the retail giant has inked a partnership with Litecoin (LTC) as one of its payment modes for its customers. However, this turned out to be fake.
Currently, a Bloomberg report reads that Walmart had collaborated with Coinstar, which is known for its machines that can exchange physical coins for cash. This resulted in 200 bitcoin ATMs in US stores of Walmart, and that’s just the beginning. The plan from the start was to provide 8,000 ATMs across the USA.
According to Sam Doctor, the Chief Strategy Officer at the crypto brokerage BitOoda, the installation of Bitcoin kiosks is increasing in trend in the US. The difference in Walmart in comparison to its rivals is that Walmart can reach a more considerable percentage of society:
“Walmart expands Bitcoin access to more people, though, and gives it further legitimacy among skeptics, should they roll it out beyond an initial pilot.”
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