
Spar, the well-known international grocery store chain, is now accepting Bitcoin payments at one of its stores in Switzerland. The store is located in Zug, also known as Crypto Valley. This could be an important step toward using Bitcoin in everyday shopping. Spar Provides A New Way to Pay On April 17, DFX Swiss, a company that helps people switch between crypto and cash, shared the news on LinkedIn. The company also announced that the Zug Spar store is now live on BTC Map, a website that shows where Bitcoin is accepted around the world. The payment system is powered by a new tool called OpenCryptoPay. The tool uses LNURL technology, part of the Lightning Network. Customers scan a code using their crypto wallet app or scan a QR code at the checkout to complete their payment. Rahim Taghizadegan, director of the Bitcoin Association Switzerland, even posted a video to show how quick and easy the payment process is. Spar May Expand Bitcoin Payments Zug is known as Crypto Valley because many blockchain and crypto companies are based there. It makes sense that Spar chose this city to test the new payment system. The grocery chain has more than 13,900 stores in 48 countries. It serves about 14.7 million shoppers every day. If this payment system in Zug becomes popular, Spar may expand it to more stores across Switzerland. It could also bring Bitcoin payments to its stores around the world. This could help many people become more familiar with using cryptocurrency. Other Stores Are Also Accepting Bitcoin This is not Spar’s first move in this direction. In 2014, a Spar store in Arnhem, Netherlands, joined a project called Bitcoincity and started accepting Bitcoin. Pick n Pay, a leading grocery chain in South Africa, began accepting Bitcoin in 2023. After a successful test, the grocery store added Bitcoin payments to all 1,600 stores. Now, shoppers spend over $50,000 in Bitcoin monthly at these stores. Big American brands like Whole Foods, Starbucks, and Subway have also started accepting crypto payments . They use apps like Spedn, which change crypto into regular money at checkout. This development is not only happening in grocery stores. Banks, crypto companies , and schools are also starting to accept Bitcoin for payments . This shows that cryptocurrency is becoming more useful in daily life. Digital assets are no longer considered risky investments but a growing part of digital finance. The post Spar Store in Switzerland Now Accepts Bitcoin Payments appeared first on TheCoinrise.com .
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Is Bitcoin’s Bull Market Just Getting Started? This Crucial Metric Says So (Details)

TL;DR Although bitcoin’s price tumbled by over 20% since its January all-time high and is currently nowhere near it, a crucial metric shows that the actual cycle peak is not here yet. In terms of entry prices, though, one analyst cautioned that the current levels might not be optimal. No Peak Yet? After hitting an all-time high on January 20 this year at over $109,000, bitcoin’s price started to lose value gradually until the end of the month and then nosedived following the global economic uncertainty prompted by US President Trump’s controversial approach. The culmination came last week when BTC tumbled below $75,000 for the first time in five months. This meant that the asset had lost nearly $35,000 in less than three months. This split the community into those who believe the bull market has come to a screeching halt and those who rely on history to be more optimistic, suggesting that such substantial corrections have occurred during all previous cycles. But there are only that—corrections, and BTC will persevere. Ali Martinez, a crypto analyst with over 135,000 followers on X, brought another key metric that could support the latter. It still relies on historical performance, but it’s not focused on the technical aspects. Instead, it measures the retail activity as BTC tends to peak after a massive influx of such investors. So far, there hasn’t been a big retail wave. This is evident from the lack of Google searches as well as the missing “retail activity through trading frequency surge.” #Bitcoin $BTC market tops have historically aligned with surges in retail activity. The move from $70,000 to $110,000 lacked that, echoing the late 2021 setup. pic.twitter.com/rVJPUTpXZC — Ali (@ali_charts) April 18, 2025 Martinez noted that the current cycle resembles the 2021 run when BTC peaked in April, only to break that high at the end of the year. Don’t Rush to Buy Although history suggests there might be more gains on the horizon for BTC, Martinez published another chart that suggests investors should maybe be more patient before allocating funds to the largest digital asset. This is because of the Bitcoin Exchange inflow volume, a metric used to “spot strong entry points.” #Bitcoin $BTC exchange inflow volume momentum is a key metric for spotting strong entry points. For now, it’s signaling patience. We’re still waiting for the right opportunity to step in. pic.twitter.com/NSS1fZcHMl — Ali (@ali_charts) April 19, 2025 This essentially confirms a previous report by Glassnode, which read that the BTC market is now in a “ wait-and-see ” phase. The post Is Bitcoin’s Bull Market Just Getting Started? This Crucial Metric Says So (Details) appeared first on CryptoPotato . The Coin Rise

Ethereum’s Next Big Move: 3 Bullish Signals That Could Skyrocket ETH
TL;DR Although ETH has been largely the biggest disappointment of the current cycle that started last year, there are certain factors suggesting it has a lot of room for growth, which could be around the corner. Whales are back on the offensive, and the declining sentiment could result in price reversal in the short term. 3 Factors Say Yey ETH Data from Lookonchain suggests that Ethereum whales have reversed their strategy and have started to accumulate once again. The analytics platform outlined an address linked to Metalpha that has purchased roughly $50 million worth of the second-largest digital asset since April 1. Another one withdrew almost $100 million in ETH out of GateIo, and a third one transferred more than 10,000 ETH from Bybit. Whales are accumulating $ETH ! A wallet linked to Metalpha has withdrawn 29,000 $ETH ($48.73M) from #Binance since Apr 1. 0xd81E has withdrawn 46,577 $ETH ($97.26M) from #Gateio since Feb 15. 0x6034 has withdrawn 10,091 $ETH ($18.8M) from #Bybit since Mar 12.… pic.twitter.com/yUXpsLTjQm — Lookonchain (@lookonchain) April 18, 2025 Whales accumulating again is a good sign for the underlying asset, as it reduces the immediate selling pressure and could lead to FOMO among smaller investors. The second positive sign for ETH’s future price performance is the Market Cap to Realized Cap (MVRV) Price Band. The metric is used to determine the “best” buying opportunities when Ethereum dips below it, which is the current situation. The best #Ethereum $ETH buying opportunities have historically occurred when price dips below the lower MVRV Price Band, and that’s exactly where it is now! pic.twitter.com/qVg9R2ewpe — Ali (@ali_charts) April 19, 2025 Rain told their 100,000 followers on X that Ethereum’s cycles tend to repeat themselves in a compelling manner. Basing their findings on the historical sentiment around the largest altcoins, the analyst determined that ETH will reclaim its strength and aim at $10,000 and beyond. This will shift the entire market structure, which includes “new narratives, new capital rotation, and new leaders.” Is It Already Different? Just a few days ago, CryptoPotato reported that different types of investors had sold off substantial portions of their ETH holdings. These included whales, Galaxy Digital, smaller investors, and those who entered through the ETFs. However, the information above, including the accumulation by whales, suggests that the ETH market has reached an exhaustion point. After all, the asset is down by 60% since its December 2024 peak. For comparison, BTC, which actually managed to break its previous ATH, is down by only 22% since the January high. The post Ethereum’s Next Big Move: 3 Bullish Signals That Could Skyrocket ETH appeared first on CryptoPotato . The Coin Rise