Lets find a blog and news writer that can consistently update this news feed.

 

Bitcoin has had a meteoric year as institutional investors, investment banks and fund managers, such as Tesla, Square and JPMorgan, continue to back the cryptocurrency by including the asset and related companies in their portfolios.

The digital coin’s price has almost doubled so far in 2021, rising to $56,914 as of 11am GMT on 12 March.

But bitcoin isn’t just a store of value — it can also be used in some places as a form of payment, with select vendors already jumping on the wagon.

As the vaccine rollout around the world triggers reopening of economies, US luxury hotel chain Kessler also said this week its Kessler Collection group of hotels would accept cryptocurrency as a form of payment.

The group is making the move in partnership with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services.