Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Great news for the cryptocurrency community, Italian luxury fashion house Gucci announced that it now accepts ApeCoin (APEUSDT) in a Thursday Twitter announcement last week. Gucci customers are able to pay with the help of a QR code that gets sent to them via email. They announced via tweet that they are now accepting ApeCoin payments via BitPay. Select Gucci boutiques in the USA expand the range of cryptocurrencies available for in-store purchases, yet another step in the Gucci House’s exploration of Web3. For the first time ever, holders of this crypto currency will be able to buy physical goods with the coin that was derived from the BAYC economy.
This is bullish news for APEUSD, and for the crypto community as market adaptation and reach will increase. The more participants a market has, the more stable and less volatile it becomes. Think Gold , bonds etc.
While you're here ! Check out this update on Ethereum ETHUSDT :
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