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Eats – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Tue, 19 Jul 2022 08:06:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png Eats – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Uber Eats Now Accepts Shiba Inu and Dogecoin https://cryptocurrencypanther.com/2022/07/19/uber-eats-now-accepts-shiba-inu-and-dogecoin/ https://cryptocurrencypanther.com/2022/07/19/uber-eats-now-accepts-shiba-inu-and-dogecoin/#respond Tue, 19 Jul 2022 08:06:14 +0000 https://cryptocurrencypanther.com/2022/07/19/uber-eats-now-accepts-shiba-inu-and-dogecoin/

Fans of the most popular dog-themed cryptocurrencies have a new place to spend their crypto, with Uber Eats now accepting Shiba Inu and Dogecoin.

Uber Eats doesn’t directly accept any crypto, but it does via its integration with the BitPay service. BitPay made the announcement via a blog post.

BitPay offers a variety of options for purchasing prepaid gift cards with crypto. Gift cards can be bought with cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), Litecoin (LTC), XRP (XRP), Dai (DAI), Wrapped bitcoin (WBTC), Gemini USD (GUSD), USD Coin (USDC), and Binance USD (BUSD).

Despite starting as a meme, Dogecoin has become a major player in the crypto market. Shiba Inu, the “Dogecoin killer,” has similarly captured the hearts and wallets of users.

BitPay’s expanded support for both coins will make it much easier to use them for everyday purchases.



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Shiba Inu Accepted by Uber Eats in the U.S. – 10% Weekly Gains for SHIB By DailyCoin https://cryptocurrencypanther.com/2022/07/11/shiba-inu-accepted-by-uber-eats-in-the-u-s-10-weekly-gains-for-shib-by-dailycoin/ https://cryptocurrencypanther.com/2022/07/11/shiba-inu-accepted-by-uber-eats-in-the-u-s-10-weekly-gains-for-shib-by-dailycoin/#respond Mon, 11 Jul 2022 11:25:50 +0000 https://cryptocurrencypanther.com/2022/07/11/shiba-inu-accepted-by-uber-eats-in-the-u-s-10-weekly-gains-for-shib-by-dailycoin/

Shiba Inu Accepted by Uber Eats in the U.S. – 10% Weekly Gains for SHIB

The wide adoption of may come as a surprise to some, but thanks to the immense growth of the SHIB Army crypto community, holders of the dog-themed crypto now find themselves able to book flights, hotels, book a ride in a Lamborghini and, as of last week, enjoy a delicious meal from the comfort of their own homes through two of the top American food delivery services.

3 Ways to Eat with Crypto

In recent news, both Uber Eats and DoorDash announced the availability of crypto payments using three different methods:

  • The BitPay crypto card, which supports (BTC), (ETH), (BCH), (DOGE), Shiba Inu (SHIB), (LTC) and popular stablecoins. To order from Uber Eats, customers simply need to provide their BitPay card details, and the crypto will be automatically converted into cash for the transaction.
  • Prepaid gift cards – ranging between $25 to $1000. To access this feature, users can download the BitPay app, and enter the shop through the ‘Crypto’ page. Upon completing the transaction on the app, the gift card of the chosen amount will be delivered to the user’s specified email address. An added benefit is that these gift cards are also supported by Google (NASDAQ:) Pay and Apple (NASDAQ:) Pay, thus circumventing the usual gift card hassle many have otherwise encountered.
  • Delivery & takeout on Menufy, a new, local food & national chain website that accepts Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), and its rival Dogecoin (DOGE), for payments. In spite of the fact that Menufy is only available in the United States, BitPay has made provisions for other regions, saying: “Europeans, fear not. You can get the very same service on your side of the pond using Takeaway.com”. Indeed, Takeaway.com is a crypto-friendly food delivery service available in 14 European countries, as well as in Israel.
  • Enjoy Breakfast at Chili’s with Shiba Inu

    Some of the restaurants participating in this mouth-watering deal include Chili’s, Bonefish Grill, Steak ‘n’ Shake, Carrabba’s Italian Grill, and many others featured on Bitpay’s merchant directory. As it stands, there are a wider range of delivery options compared to takeout, unless buying with a gift card, which can be done in-app.

    Although many of the top cryptocurrencies recorded losses last week, popular, dog-themed, meme coin Shiba Inu (SHIB) raked in double-digit gains, with its price rise of 10% putting it firmly in the green zone.

    At press time, Shiba Inu (SHIB) trades at $0.00001093, according to CoinGecko. Despite the aforementioned 10% weekly increase, that marks a 4.3% loss over the last 24 hours, following a similar trend to the world’s leading crypto asset, Bitcoin (BTC), which dropped 4.2% in value.

    It’s Getting Hot in Here for Shiba Inu

    Ever since wiping a zero from its valuation, Shiba Inu (SHIB) has enjoyed a wave of success. It was revealed that SHIB is held by the majority of Coinbase (NASDAQ:) users, and news of the meme coin’s listing on Robinhood (NASDAQ:) only served to build hype on Twitter (NYSE:), with hashtags like “#SHIBArmy” and “#SHIB” constantly trending across the platform. On top of that, Shytoshi Kusama announced a major update on Shibarium, and the development of SHIB’s very own stablecoin.

    Perhaps most importantly, the benevolent Shiba Inu community sent 69,507,755 tokens to a dead wallet, setting aflame a massive stack of coins in hopes of deleting another zero.

    On the Flipside

    • Shiba Inu (SHIB) and its rival Dogecoin (DOGE) were both kicked off of the Crypto.com Earn program.

    Continue reading on DailyCoin





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    How Dogecoin price can react as Uber Eats adds DOGE payments https://cryptocurrencypanther.com/2022/07/04/how-dogecoin-price-can-react-as-uber-eats-adds-doge-payments/ https://cryptocurrencypanther.com/2022/07/04/how-dogecoin-price-can-react-as-uber-eats-adds-doge-payments/#respond Mon, 04 Jul 2022 17:48:04 +0000 https://cryptocurrencypanther.com/2022/07/04/how-dogecoin-price-can-react-as-uber-eats-adds-doge-payments/

    • Dogecoin price overcomes a low-time-frame support level at $0.066 but faces more hurdles on its way up.
    • Investors need to note that the fair value gap, extending from $0.041 to $0.014 is a significant risk from a high-time-frame perspective.
    • A weekly candlestick close below the $0.048 support level will invalidate the bullish outlook for DOGE.

    Dogecoin price managed to slow down its bleeding in the second and third week of June but now sellers seem to have come back. As a result, DOGE is undergoing a minor retracement, but the recent adoption of certain DOGE payments by Door Dash and Uber Eats will be a value add to the fundamentals of the meme coin.

    BitPay announced in its recent blog that users can pay for their orders on Door Dash and Uber Eats, two of the most popular food delivery services, using Dogecoin and Shiba Inu gift cards.

    This development, although it has not affected the price yet, will be a value add to the fundamentals of the meme coins and is likely to be reflected during subsequent bull runs.

    Dogecoin price prepares for a move

    Dogecoin price has recovered above the intermediate resistance barrier at $0.066 after briefly dipping below it in the last week of June. This recovery suggests that DOGE could bounce and continue its uptrend to $0.082, the high-time-frame resistance barrier.

    In total, this move would constitute a 26% ascent for Dogecoin price, but is highly unlikely without the support of a similar bullish move in Bitcoin price. Hence, investors need to be cautious before going long DOGE, especially on July 4, which is a holiday across the US and is generally characterized by low volume and hence high manipulation.

    DOGE/USDT 1-week chart

    DOGE/USDT 1-week chart

    On the other hand, if Dogecoin price fails to move higher, it will indicate a lack of bullish momentum. In such a case, if DOGE produces a weekly candlestick close below the $0.048 support level will invalidate the bullish outlook by producing a lower low.

    This move could further trigger a 71% crash in Dogecoin price that fills the price inefficiency known as the Fair Value Gap (FVG), extending from $0.041 to $0.014.

     



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    Shiba Inu, Dogecoin Accepted for Payment by Food Delivery Company Uber Eats https://cryptocurrencypanther.com/2022/07/02/shiba-inu-dogecoin-accepted-for-payment-by-food-delivery-company-uber-eats/ https://cryptocurrencypanther.com/2022/07/02/shiba-inu-dogecoin-accepted-for-payment-by-food-delivery-company-uber-eats/#respond Sat, 02 Jul 2022 21:06:48 +0000 https://cryptocurrencypanther.com/2022/07/02/shiba-inu-dogecoin-accepted-for-payment-by-food-delivery-company-uber-eats/

    Shiba Inu and Dogecoin holders can now pay for Uber Eats food deliveries with their cryptocurrencies via BitPay.

    Other cryptocurrencies supported by BitPay include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, XRP, Dai, Wrapped Bitcoin (WBTC) and stablecoins.

    According to a blog post by BitPay, since Uber Eats does not yet accept direct cryptocurrency payments, this method of payment is exclusive to BitPay gift cards and BitPay cards. Alternative payment methods include BitPay partner Menufy, which accepts payments from cryptocurrency wallets for takeout or delivery from regional or national restaurant chains.

    Food delivery companies such as DoorDash and GrubHub, as well as takeout restaurants such as Grill, Chili’s, Carrabba’s Italian Grill, Steak ‘n Shake and many more, are accepting crypto via BitPay.

    Ads

    Acceptance of cryptocurrencies as payment is currently growing. In recent weeks, U.Today reported that luxury watchmakers like Tag Heuer, Hublot and Breitling are accepting cryptocurrencies via payments processor BitPay.

    In addition to luxury goods and food deliveries, Panini America, a company that specializes in sports collectibles, has announced the upcoming launch of its crypto wallet that will support cryptocurrencies such as Shiba Inu, Bitcoin and others in conjunction with BitPay. Panini America, a multi-national publisher of trading cards, stickers, comics and children’s periodicals, is based in the United States.

    Dogecoin and Shiba Inu see increased network interaction

    According to Santiment, address activity for Dogecoin and Shiba has risen to seven-week highs. The on-chain analytic firm wrote in a tweet on June 29: “Dogecoin and Shiba Inu, it appears as though they are each showing notable increases in network activity. Over the past 10 days especially, DOGE (+32%) and SHIB (+35%) have seen many returning network interactions.”

    Shiba Inu traded at $0.000011 at the time of publication, while Dogecoin was last seen at $0.06.





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    Shiba Inu Eats Dust As Baby Doge Reaches New Milestone https://cryptocurrencypanther.com/2022/02/14/shiba-inu-eats-dust-as-baby-doge-reaches-new-milestone/ https://cryptocurrencypanther.com/2022/02/14/shiba-inu-eats-dust-as-baby-doge-reaches-new-milestone/#respond Mon, 14 Feb 2022 04:43:49 +0000 https://cryptocurrencypanther.com/2022/02/14/shiba-inu-eats-dust-as-baby-doge-reaches-new-milestone/

    KEY POINTS

    • Baby Doge Coin achieved another milestone
    • The achievement allowed Baby Doge Coin to leave Shiba Inu in the dust
    • BABYDOGE now trades at $0.000000003374 while SHIB trades at $0.00002926

    Baby Doge, the meme coin created by Doge meme lovers to help save dogs, achieved a new milestone and reached a staggering 1.4 million-plus holders, leaving the popular dog-themed rival token Shiba Inu behind.

    The official Twitter account of Baby Doge celebrated this new milestone with a tweet, featuring a 15-second video showcasing the Baby Doge on fire. “1.4 MILLION #BabyDoge holders! Incredible #BabyDogeArmy is the best community of 2022,” read the tweet.

    At the time of writing, BscScan data for BabyDoge revealed 1,403,016 holders while etherscan data showed 1,171,465 Shiba Inu holders.  There is approximately over 200,000 difference between the number of holders of the two meme coins, showing that Baby Doge has left Shiba Inu behind when it comes to the number of holders.

    China's central bank has warned companies against assisting cryptocurrency-related businesses China’s central bank has warned companies against assisting cryptocurrency-related businesses Photo: AFP / INA FASSBENDER

    The same happened in January when holders of the Baby Doge coin hit at 1.32 million and the dog-themed coin managed to have an impressive rally during the December-January period when almost every coin was suffering.

    BABYDOGE rallied by nearly 350% at the time and put Baby Doge Coin on the map. For a few days, the coin trended on the digital currency price and information data platform.

    The DOGE-inspired coin has had an interesting past month. On Jan. 18, Coin Ex,  the Hong Kong-based exchange, listed Baby Doge Coin and gave it the much-needed push to maintain its upward momentum. 

    On Jan. 27, Bitget Global, a Singapore-based cryptocurrency exchange announced that its users can start trading Baby Doge Coin on its platform. On Feb. 3, Baby Doge Coin partnered with the German soccer club TSG Hoffenheim.

    “TSG Hoffenheim is happy to be working together with such an innovative and leading brand like Baby Doge. We are excited and looking forward to a successful partnership, where we’ll bring an NFT collection from the club and other exciting projects to life,” TSG CEO Denni Strich said announcing the collaboration.

    On Feb. 9, Biconomy Global, one of the major Canadian cryptocurrency exchanges listed BABYDOGE on its platform. 

    Baby Doge Coin was trading down 0.93% at $0.000000003374 with a 24-hour volume of $10,977,229 as of 00:15 a.m. ET on Feb. 14,  Coinmarketcap data showed.

    Shiba Inu is trading up 1.37% at $0.00002926, with a 24-hours volume of $2,206,560,454.

     

     

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