Crypto News: Litecoin set to unveil new payment processor, UK bank bans crypto purchases
It might seem an unlikely combination, but the worlds of cryptocurrency and the NFL are colliding with increasing frequency.
Ahead of Superbowl LII between the Philadelphia Eagles and the New England Patriots on Sunday night/Monday morning, it transpired that one fan became the first to purchase tickets for the season-ending showcase with Bitcoin. His seat on the 50-yard line cost 2.2 Bitcoins – around $19,000 at the time he bought them.
Although official ticket sellers accept cryptocurrency, he bought them through licensed reseller TickPick – which agreed to accept the payment. Although considering the value of Bitcoin this morning (around $16,200), they might be slightly less happy about it.
A few weeks ago, Seattle Seahawks’ cornerback Richard Sherman championed cryptocurrencies, saying that he has a broad portfolio of coins – and has been trying to educate many fellow NFL players on their value as an alternative asset.
Litecoin to reveal new payment processor
Litecoin is trying to shake off the recent crypto market collapse – which has seen its value plunge more than 60 percent from its all-time highs – with the release of LitePay.