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Cryptocurrency offers new way to pay the rent

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Adelaide-based serviced office provider Business Hub has launched a plan to make it the first commercial real estate company in the state to offer tenants the option to pay rent in cryptocurrency.

Business Hub founder George Kipriz and his partner Georgia Kipriz, who is also the company’s general manager.

Starting in the next fiscal year in July, Business Hub will accept Bitcoin, Ethereum, and several other cryptocurrencies as payment for its office space and business services.

While it will have the ability to convert the cryptocurrency to Australian dollars, it plans to keep the currency on its balance sheet and also offer it to third party vendors as a payment method.

Business Hub started with an on-site office in Seaton in 2009 and has grown to 220 members in 12 locations.

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Founder and CEO George Kipriz has developed a knack for buying unusual spaces and has converted Glenelg’s revolving restaurant, the former Zhivago nightclub on Currie Street and a former gym above the Cotto Café on Prospect Road into service offices.

Kipriz said he was unaware that other companies in the industry in Australia are accepting cryptocurrencies for rent payments.

He said he was already interested in the modern payments system from two members, including cryptocurrency trader Ivan Vantagiato, who held a digital currency workshop on Friday evening that coincided with its launch at Business Hub’s Glenelg offices.

“I’m not an expert on cryptocurrency – we’re real estate guys,” said Kipriz.

“But the more conversations we had with our members, the more I realized that people were starting to use or trade cryptocurrencies, so I started looking at the stats and it seems that one in five Australians is involved in cryptocurrency in some way .

“It looks like it’s the way to go, especially for commercial offices, and it makes sense to us.”

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Business Hub will use the Australian platform CoinJar for currency exchange and as a cryptocurrency wallet.

Kipriz said his goal is to be at the forefront of his industry and recently published a book on changing aspects of the work environment called Tomorrow’s Work: Real Estate Strategies for Successive Serviced Offices.

He said there has been a strong demand for business hub serviced offices, particularly among “hybrid” members who mainly work from home but use the offices to hold meetings and presentations.

“Since COVID, combining work from home with an office in a hybrid model has become more of a lifestyle choice for people, and our leads have grown,” said Kipriz.

“We’re constantly evolving – when we started there weren’t any serviced offices in the suburbs and that was a bit of a game changer.

“Since then we have introduced a hybrid offering and now crypto.”

Kipriz said he plans to launch a marketing campaign for new members with Business Hub in the new fiscal year.

“It will be similar on our bills if you ask if they are paying with PayPal or a credit card, but there will be the option to pay in cryptocurrency or in Australian dollars,” he said.

“I think the commercial office space will be headed for that … it may be just beginning, but things are moving fast and the business hub is about innovating and we have to move with the times.”

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Cryptocurrency

bitcoin price: Top Cryptocurrency Prices Today: Bitcoin, Ethereum tank; Dogecoin gains 10%

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NEW DELHI: The major cryptocurrencies traded mixed on Thursday after this week’s volatility. The mood in the digital token markets remained subdued. Six of the top 10 digital tokens were trading with cuts at 9.30 a.m. IST, while the remaining four, led by Dogecoin, rose between 4 and 10 percent.

After restricting payment channels for trading cryptocurrencies, China is moving towards digital currencies, and its e-CNY could be phased out as early as the 2022 Beijing Winter Olympics. The move is likely to be another dent in crypto trader sentiment.

Bitcoin has been one of the most powerful assets in the world over the past few years. However, even the highest-yielding asset has halved its value after the crackdown on China. Despite its worldwide popularity, the Numero Uno crypto token has been a laggard lately.

For the first time since the market restarted in early May 2021, Bitcoin slipped below the $ 30,000 mark and Ethereum broke the $ 2,000 mark. Since then, both cryptos have shown some recovery that could not be sustained.

“The crypto market in general has dropped from $ 1.7 trillion to $ 1.35 trillion in one week, a decrease of about 20 percent. While many attribute the market collapse to negative news about China’s extension of the Bitcoin mining ban, many analysts and traders believe it will only have a short-term impact on the market, “Zebpay Trade Desk said.

“Sentiment remains pessimistic, but we believe that the expiration date of the Q2 options last week of June, valued at $ 2.3 billion, should allow price consolidation as soon as it comes through. We say this because we believe most expectations are already factored in and therefore we see a relatively quiet period in the next few days, “she added.

Charles Hoskinson, the co-founder of Ethereum, has said that Dogecoin is a reasonable target for someone to fix it and make it an interesting cryptocurrency.

Tech View of Giottus Cryptocurrency Exchange

Speckle

Polkadot (DOT) is currently one of the stronger altcoins. Over the past six months, the price, market capitalization, and general reputation of both the coin and the polkadot chain have outperformed other coins during and after slumps. The support levels have shown exceptionally high buying volumes and low selling volumes.

DOT exactly follows the price action of Bitcoin (BTC). Assuming BTC is trading sideways, DOT is expected to follow technical analysis and trend lines. Currently, the DOT is in a descending wedge, which is a short-term bearish and a long-term bullish pattern. Breaking the triangle can be very bullish and in a few weeks it could even test its ATH resistance if market sentiment holds up.

ETMarkets.com

Main stages

Support: $ 15.4, $ 13.1, $ 10.4

Resistance: $ 17.5, $ 19.6, $ 23.4, $ 26.8

Ripple

Ripple (XRP) has been in the spotlight since its SEC lawsuit and has lost nearly 70 percent of its value since December 2020. Every hearing affects its price history and has been in a declining wedge lately with the potential to drop as low as $ 0.3. However, support will be seen at multiple levels within this wedge – specifically at $ 0.583 and $ 0.455.

However, given the descending wedge, there is a high chance that XRP could break out and recover soon. This also depends on the SEC lawsuit failing in Ripple’s favor.

RippleETMarkets.com

Main stages

Support: $ 0.583, $ 0.455, $ 0.424

Resistance: $ 0.787, $ 0.925, $ 1.063

The time is in UTC and the daily time frame is 12:00 PM – 12:00 PM UTC

(The views and recommendations in this section are the analysts’ own views and recommendations and do not reflect those of ETMarkets.com. Please consult your financial advisor prior to entering into any position in any of the above assets.)

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Cryptocurrency

Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency – Bitcoin News

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Australia’s Lloyds Auctions now accepts major cryptocurrencies for all items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive mobile home (camper / trailer) to a bidder who was happy to pay full price with digital coins.

Australian auction house Lloyds Auctions accepts crypto from bidders

Against the backdrop of volatile crypto markets in the past few days and weeks, investors have been looking for ways to cash out profits or transfer some of their assets elsewhere. Lloyds Auctions, a leading auction house in Australia, has discovered an opportunity to attract some of this funds and offer bidders the ability to pay with cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

Lloyds Auctions Australia is selling an expensive caravan for cryptocurrency

Just hours after opening the alternative payment option, Lloyds Auctions was able to sell a custom built trailer valued at $ 75,000 for crypto. “As a longtime sponsor of Lloyds, I didn’t hesitate and couldn’t believe how easy it was for me to pay with cryptocurrency,” the zealous buyer from Zdnet is quoted as saying. “The seller would have received it in cash and never knew the difference!”

Crypto owners want to buy vintage cars and bulldozers

Since the caravan was sold, the auction house has registered growing interest from other crypto owners, especially in its classic car and earthmoving machine auctions. Inquiries have been received, said Lee Hames, chief operations officer of Lloyds Auctions, who also commented:

We have seen people use this to segregate cryptocurrencies and reinvest in real assets. When prices go down, people take some profits off the table and transfer them to something like a vintage car or bulldozer and put them to use.

Lloyds Auctions has also decided that blockchain is the best way to prove possession of a series of negatives that capture moments in Australian history. At the beginning of June, the auction house announced that it would mint a non-fungible token (NFT) for a collection of original glass plate negatives from over 140 years of operation by the Rose Stereograph Company. The highest bidder in the auction also receives the NFT.

Have you bought auction items with cryptocurrency? Let us know in the comment section below.

Tags in this story

Auction house, Australia, Australians, bidders, bids, Bitcoin, BTC, buyers, caravans, cars, crypto, crypto owners, crypto investors, crypto payments, crypto prices, cryptocurrency, ETH, Ethereum, investors, Lloyds Auctions, purchase , Sale, seller

Photo credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation to make an offer to buy or sell, or a recommendation or endorsement of any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Albino BEP-20 Cryptocurrency Launch Revolutionizes Humanitarian Missions Around the World

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The latest addition to the decentralized crypto token market offers users and investors exceptional returns

HONGKONG, HONGKONG, June 23, 2021 /EINPresswire.com/ – On July 1, 2021, Peter Samuel will present the 10-decimal BEP-20 token from Albino (ABO) to the world of cryptocurrencies on PancakeSwap DEX. The mission of the decentralized token is to offer investors and users high returns while contributing to the welfare of society.

Albino Token’s strong vision of delivering unprecedented returns to its investors and users while supporting the disadvantaged and protecting the environment sets it apart from the majority of new tokens that flourish and fail in the competitive crypto world due to lack of purpose. The ABO cryptocurrency team strives to bring together a community that believes in positive change to increase the standard of living of people around the world. The project invests in the provision of basic human needs such as education, food, clean water, clothing, shelter and medical aid for the needy and works against the destruction of nature by humans. 2% of all purchases and sales are deposited in a special charity exchange to fund ABO’s philanthropic missions.

ABO’s Tokenomics balances it out with the world’s most sought-after smart contract cryptocurrencies. The clearly defined roadmap, token distribution and token burn programs of Albino BEP-20 tokens ensure that the position of the coin is steadfast and robust at all times, and offers investors solid security. Like most modern decentralized cryptocurrencies, ABO follows a burndown program that eliminates 10% of the currencies circulating in the market until the total volume of tokens is reduced to 5 trillion in order to protect the stability and demand of the currency in the market. The 3% tax levied on all transactions will then be redistributed among the holders, giving them an attractive incentive to invest in the token. The 2% liquidity allows it to maintain its volatility while delivering long-term returns to the community. Joining the Pro-Change ABO community gives community members the opportunity to enjoy steady passive income and ROI while influencing the world to change for the better.

The easy-to-use three-step token purchase process includes signing up for the PancakeSwap DEX, selecting a wallet and starting trading. In addition, amazing NFTs like concert tickets and artist memorabilia associated with the token make the albino smart contract cryptocurrency even more attractive to users.

Further information on the albino cryptocurrency can be found at www.thealbinos.com.

Peter Samuel
albino
admin@thealbinos.com

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June 23, 2021 at 1:22 PM GMT


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