Cointime

Cointime

Download App
iOS & Android
Home / Point

Cryptocurrency transactions surge in Spanish real estate market

According to a report by Bitcoin.com, Enlace, a Spanish real estate technology company, revealed that the number of real estate transactions using some form of cryptocurrency as a payment method has significantly increased this year. The company found that these payment methods have advantages over traditional home buying methods, such as quick access to funds and savings compared to international bank transfers, resulting in a 15% increase in usage by 2024. This trend is particularly evident in major cities such as Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all transactions in the industry. Enlace predicts that approximately 6% of real estate transactions will involve cryptocurrency payments by 2024.

Comments

All Comments

Recommended for you

  • Vitalik: Hope to see more EVM Rollups to improve data efficiency

    Vitalik Buterin, co-founder of Ethereum, wrote on the X platform that part of the L2 expansion is for Ethereum to increase its blob capacity, and the other part is for Rollups to become more data-efficient. It is great to see Starknet rise to the challenge and hope to see more EVM Rollups improve data efficiency. Earlier, Starknet announced the release of the solution Starknet v0.13.3, which aims to meet the stable growth of Ethereum blob processing needs.

  • Musk: I still hold a lot of Dogecoin, and SpaceX holds a lot of Bitcoin

    On November 18th, Dogecoin UI designer DogeDesigner shared an audio clip of Musk saying "I still hold a lot of Dogecoin, and SpaceX holds a lot of Bitcoin."

  • Project Liberty Announces "Deep Partnership" with SOAR.com, Founded by Ancestry Founder Paul Allen

    Project Liberty has announced a "deep partnership" with SOAR.com, a series of AI-powered data sharing and social networking portals created by Paul Allen, the founder of Ancestry. Allen previously built a family social networking app on top of Facebook that attracted 120 million users. Project Liberty claims to be the leading bidder for the U.S. assets of TikTok if they become available. Bitcoin ETFs have recorded the third-highest day of outflows, while the funding for Web3 games is stabilizing at $1 billion in 2024. Meanwhile, Bitcoin has topped its lifetime high of $93,000 as U.S. demand surges, and experts suggest that President Trump could establish a U.S. strategic Bitcoin reserve.

  • Goldman Sachs: Still expects the Fed to cut interest rates in December, January and March

    Federal Reserve Chairman Powell's speech last week hinted at a possible pause in interest rate cuts at the upcoming meeting. This news has left investors dissatisfied. However, some economists do not believe that Powell's remarks will have a negative impact on the market. Citigroup's chief US economist, Andrew Hollenhorst, said, "US bond yields rose due to Powell's remarks, but we believe this is more a reflection of Powell keeping all options open rather than intentionally sending a hawkish signal." Goldman Sachs' chief economist, Hazus, still expects "the Federal Reserve to cut interest rates continuously in December, January, and March, and then once per quarter in June and September. However, he believes that the FOMC may slow down the pace of interest rate cuts faster, which could happen as early as the December or January meeting." However, unless the November employment or inflation report unexpectedly strengthens, the likelihood of the FOMC skipping interest rate cuts in December is low.

  • Google searches for "memecoin" hit an all-time high

     Google Trends data shows that the search popularity for "memecoin" has reached its historical high of 100. Cryptocurrency KOL Lark Davis analyzed that this phenomenon indicates that retail investors are awakening, and Meme coins are usually their preferred entry point into the cryptocurrency market.

  • BlackRock receives Abu Dhabi license to focus on AI and private market expansion

     BlackRock has announced obtaining a commercial operating license in Abu Dhabi and is currently applying for an operational license in Abu Dhabi Global Market (ADGM). Charles Hatami, Head of BlackRock's Middle East region, stated that the company will focus on developing the private market and artificial intelligence infrastructure business.
  • CointimeSG ·

    Achieving stability through liquidity — Interview with MEXC’s Tracy Jin

    MEXC vice president Tracy Jin discusses how a strong focus on liquidity ensures a seamless and stable trading experience for users in the ever-growing crypto market.
    Achieving stability through liquidity — Interview with MEXC’s Tracy Jin
  • CointimeSG ·

    A dozen crypto VCs share what’s next after Trump’s win and bitcoin’s

    The last few days have been a whirlwind in the crypto world, with bitcoin crossing the $93,000 mark right after Donald Trump's election victory.
    A dozen crypto VCs share what’s next after Trump’s win and bitcoin’s

  • Analysis predicts bitcoin price could reach $200,000 despite recent surge

    According to BCA Research, despite the recent surge in bitcoin's price, it could potentially rise to $200,000 based on a gauge using 260-day fractal patterns. This gauge indicates that the current levels are nowhere near the levels seen during previous bull market peaks. While bitcoin is currently below the six-figure mark, one firm is predicting that its price could more than double from the current market rate of $90,000. The rise in stablecoin liquidity and bitcoin transactions is contributing to the formation of "Uptober." The ETH/BTC ratio has also slid to its lowest since April 2021.
  • CointimeSG ·

    Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap

    SHIB/USD faced resistance at $0.00002935 with potential support at $0.00002150 on the daily chart.
    Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company