• Ferrari, the Italian luxury sports car manufacturer now accepts BTC and ETH as payments.

  • Uber CEO wants Uber to follow suit and accept Bitcoin and crypto payments as well. 

  • Ferrari adopting crypto payments is another bullish sign for the coming golden bull run.

Big bullish sentiment is here to stay for the crypto and blockchain industry. The latest news comes from Ferrari, the popular Italian luxury sports car manufacturer has just announced that it will henceforth accept payments in Bitcoin (BTC) and Ethereum (ETH) in Europe.

JUST IN: Ferrari to accept #Bitcoin & Ethereum payments in Europe. pic.twitter.com/llmJJ3yny8

— Watcher.Guru (@WatcherGuru) July 24, 2024

This is indeed amazing news that shows the high adoption rate of cryptocurrencies and appreciation for how far both ETH and BTC have come. This move further strengthens bullish sentiment for the arrival of the upcoming golden bull run and the long-awaited altseason.

Moreover, the sentiments for a bullish crypto future is just getting started and the hype has gone far past mainstream and luxury brands. So far financial institutions have embraced crypto as have big companies like Tesla and Gucci. 

With Ferrari’s announcement of accepting Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies as payments in Europe, another motor-centric entity considers joining the bandwagon. In particular, Uber shares an interesting thought.

BIG BREAKING UBER CEO WANTS TO ACCEPT #BITCOIN & CRYPTO AS A AYMENT METHOD pic.twitter.com/OYEuziAq1D

— BITCOINLFG® (@bitcoinlfgo) July 24, 2024

In detail, the CEO of Uber, Dara Khosrowshahi says that Uber too wants to accept Bitcoin and cryptos as an official payment method. Will Uber accept this as a majority of the nations it provides services in, and will it accept crypto payments for all of its services provided? We will have to wait and see. 

All in all, it is an exciting time for the crypto, blockchain, and web3 sectors and many crypto analysts expect bullish movement for all the crypto tokens going ahead over the next few months. With a positive start to the ETH ETF launch, a bright future seems to be in the world for the crypto industry.

Read Also

  • What’s Behind Ferrari’s Shift to Cryptocurrency Payments for its Sports Cars?

  • XRP: The Game-Changer in Payments – From Private Jets to Luxury Cars

  • VeChain and Supply@ME Unveil Partnership to Revolutionize Fintech for Manufacturing and Trading Companies

  • Michele Franzese Moda Adds Crypto as Payment Method

  • Porsche Accepts Crypto Payment With Bitpay Integration

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