Chips And ‘Buy the Dip’? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More By Benzinga

Welcome to the first Food Tech News round-up of April! This week we have news on a cake created by Google artificial intelligence, Kiwibot hitting the streets of Santa Monica, Ember’s new travel charger, and Chipotle’s bitcoin giveaway. Even for brands that are happy with their best-in-class loyalty programs, like Starbucks Rewards or Sephora’s Beauty Insider or Chase Ultimate Rewards, there are lessons to be learned from the crypto space. In order to understand how crypto is redefining loyalty programs, we’ll consider three brand use cases. Chipotle now accepts digital currency, including cryptocurrency, across the US through a partnership with Flexa. Customers can use 98 different digital currencies to pay for their food at Chipotle using a Flexa enabled app.


National Burritos Day is on five April, and jalapeño pepper is additionally a celebrated eating place within the u. Of course, dishes are already renowned, however jalapeño pepper has launched a icm capital trade forex, cfds & commodities game named Burritos or bitcoin. This game was launched on thirty March 2021 by the famous restaurant jalapeño pepper Grill where you’d earn burritos value $100,000 or Bitcoins worth $100,000.


The first ten thousand people will win one burrito to provide the correct six-digit code. Bitcoin prices have surged in the past year, hitting a record $60,000 earlier in March. At the time of publication, a single bitcoin was worth over $59,000.

  • The company is also expanding its “Chipotlanes” drive-thru service options and is testing the feasibility of expanding digital-only restaurants.
  • If you’ve exhausted your Chipotle crypto game chances, there are still plenty of other ways to earn crypto.
  • Players will take part in a virtual “chiptocurrency” rescue mission and try to break the encryption of a digital wallet.

If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. You have to be part of the company’s loyalty programme to play. Try refreshing the browser to see if you have been blocked. If so, try a VPN or switch from your wifi to your data plan to submit the rest of your ten chances for your email address.

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Based on Chipotle’s calculations, higher-value items, including the $25,000 bitcoin prize, have increasingly lower odds of being won. The chain will be the first US restaurant to give away bitcoin, according to Chipotle’s press release. Prizes range from free burritos to $25,000 in bitcoin.

The National Burrito Day game, called “Burritos or Bitcoin,” requires users to guess a six-digit code to either win a free burrito or up to $25,000 in Bitcoin. Each player gets 10 tries to guess the code, and no hints are provided. Jalapeño mixed it with burritos for business promoting. If you would like to try to do an identical marketing campaign, you would possibly moreover combine your business with Bitcoin and build some custom Bitcoin stickers to push it.

  • In order to understand how crypto is redefining loyalty programs, we’ll consider three brand use cases.
  • Jalapeño control the game on the website, however, the website isn’t working.
  • This isn’t the first time when Chipotle has launched a crypto giveaway to tempt crypto enthusiasts.
  • How It WorksEach Player will certainly have 10 efforts to think a genuine six-digit code for a opportunity to win a cost-free burrito or around $25,000 in Bitcoin.
  • Bitcoin isn’t simply a mode of exchange, however you’ll be able to do many things with bitcoin love investing, trading, accepting payments, business expansion, donation, giving bitcoins as a gift, and lots of additional things.

No purchase is required to be eligible for the contest, which will be hosted on To qualify for a prize, the player must correctly guess a six-digit code. In all, chipotle will be giving away $100,000 worth of free burritos and $100,000 in bitcoin. This isn’t the first time when Chipotle has launched a crypto giveaway to tempt crypto enthusiasts.

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Winners will get free cryptocurrency in the form of Bitcoin, Ethereum, Avalanche, Solana, and Dogecoin. Chancellor Kwasi Kwarteng has pledged to pursue more tax cuts following Friday’s mini-budget. Construction crews are back at Dearborn, remaking Ford’s century-old industrial complex once again, this time for a post-petroleum era that is finally beginning to feel possible. Sterling woes continue as chancellor Kwasi Kwarteng sets off markets with hints of additional tax cuts. Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the energy crisis and EU climate change goals.

The most successful crypto-based loyalty programs will bridge the gap between the early crypto adopters and the skeptics, with a clear value proposition that will be impactful and engaging for both users. These governance tokens incentivize super users to hold their “loyalty points” so they have more influence when it comes time for a vote. This would be a unique customer engagement tactic, and the additional utility of being able to vote would add to the perceived value of your loyalty points. This could ultimately result in customers being more likely to participate in future products and offerings that they influenced. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. The promotion could be a good way to spotlight the Flexa payments options for cryptocurrency at Chipotle locations and also a good way to get new customers signed up for Chiptole Rewards, with an account needed to play the game.

After a daily profit of up to 15% was achieved, there was heavy selling pressure above the 28,000 US dollar mark. In the end, the upswing was unable to withstand this, causing the price to drop to a low of $ 26,500. As the data from Cointelegraph Markets , Coin360 and TradingView show, Bitcoin only climbed sharply on the Sunday after Christmas, only to lose large parts of the gains in just a few minutes. Before best security practices for your deribit account the ban was announced, the region accounted for over 8% of Bitcoin’s global mining computing power , according to the Bitcoin Electricity Consumption Index . The draft plan also indicates that the region is currently seeking to reduce emissions per unit of gross domestic product by 3% this year. The incremental growth in energy use is supposed to be controlled at around five million tonnes of standard coal.

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The promotion marked Chipotle being the first U.S. restaurant brand to do a cryptocurrency giveaway. Crypto rewards have become a trendy offering, from Lolli’s shopping cashback to crypto credit cards issued by Gemini and BlockFi. Northern Pacific Airlines is experimenting with crypto rewards by offering Flycoin tokens, which are guaranteed to never drop below 2 cents per coin and can be used to purchase free flights and elite status with the airline. Powered on the backend by the Ethereum and Polygon blockchains which allow for security and transparency, customers truly own their tokens, which means Flycoin allows for permissionless transfer and exchange. Crypto rewards can be incentivized and rewarded in a way that’s similar to traditional loyalty programs but is more simple, liquid, and offers more utility.


A player can participate via the website and no product purchase is necessary. On the opposite hand, some people like non-veg, and that they eat burritos that include meat such as chicken, beef, pork, cheese, and so forth And these burritos are celebrated with green condiment to make the day spicy. Folks bitcoins market value tops $1 trillion for first time in its history celebrate these days by uploading footage of burritos on social media by together with the hashtag #NationalBurritoDay that’s trending on each social media platform. National dish day is on five Gregorian calendar month within the United States. It’s the day once folks eat burritos for breakfast, lunch, and dinner.

Eating house that has delicious dishes to Mexican citizens, and burritos are one. According to Wikipedia, jalapeño Mexican Grill was based on thirteen Gregorian calendar month 1993, and it’s swollen to 2,388 locations with 65,570 staff . In addition, jalapeño has launched the name Burritos or bitcoin, wherever you’ll win burritos or bitcoin value $100,000 that created it viral. Chipotle burritos or bitcoin at is offering you the chance to win your share of $100,000 in free burritos and $100,000 in bitcoin. On July 25, US-based fast food restaurant Chipotle announced a new crypto giveaway permitting users to earn exclusive crypto rewards. Dubbed “Buy The Dip,” the new Chipotle crypto giveaway contest will be available for users till July 31.

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A Bitcoin price GBP breakout of the all-time high will signal the resumption of the uptrend, with the next target objective at £50,000. The upsloping moving averages suggest advantage to the bulls but the negative divergence on the RSI signals caution. They will mount a stiff resistance in the zone between £42,000 and £44,238. If the Bitcoin value gbp turns down from this resistance zone and breaks the 20-day EMA support, the bears will again challenge the 50-day SMA. If that happens, the pair could start a deeper correction to £31,005.

This suggests the sentiment has turned bearish and traders are now looking to sell on rallies to strong resistance levels. The Bitcoin price GBP We had mentioned in our previous analysis that we were bullish and that is how Bitcoin played out last week. The largest cryptocurrency surged above £41,795 on March 13 and hit a new all-time high at £44,238. However, the bulls could not hold on to the higher levels as the price turned down and broke below the breakout level at £41,795. This is a negative sign as it suggests traders are booking profits on rallies. Bitcoin price gbp broke above the overhead resistance of £44,238 on April 12 and 13, but the bulls have not been able to sustain the breakout.

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Unicrypt plans to be compatible with new chains to add on it’s current range and increase its interoperability levels. It currently operates in four chains namely; Ethereum, Binance Smart Chain, Polygon and the xDaiChain. Direct visits top this figure with over 58.95% of total visits, which shows more repeat revisits by previous users as well as from users with knowledge of the platform.

  • Bitcoin Price GBP, According to our assumption outlined in the previous analysis, the bulls could not push the price above the downtrend line.
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  • The bulls could not push the subsequent bounce above the 20-day EMA, which suggests that the sentiment has turned negative and traders are selling on rallies.
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If the price turns down from the 20-day EMA, it will suggest that traders are liquidating their positions at higher levels. If this support cracks, the risk of a decline to £31,005 increases. The deeper the decline, the longer it will take for the BTC/GBP pair to stage a recovery and challenge the all-time high. This negative view will invalidate if the pair climbs above the moving averages.

Once this happens, the receiver will see the funds in their wallet balance. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a store of value, unit of account and medium of exchange. Your ability to comment is currently suspended due to negative user reports. Real-time data, news, videos, and analysis straight from crypto and stock industries around the World. Platinum Crypto Academy provides training to all individuals who wish to take advantage of the phenomenal opportunities that this digital currency revolution presents.

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  • In our previous analysis we had recommended traders buy the rebound off £21,000 and the market gave two opportunities to buy on June 22 and 26.
  • If the 50-day SMA breaks down, the decline could extend to £27,733.84 and then to £21,000.
  • Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.
  • This suggests that bears are aggressively defending the all-time high at £44,238.
  • The rising 20-day exponential moving average and the relative strength index in the overbought zone indicate that bulls are in the driver’s seat.

However, the bulls could not hold on to the breakout and the price gave back a large part of its gains and re-entered the triangle on the same day. Bitcoin Price GBP, we had mentioned that shorting opportunities may open up for professional traders and that is what happened. Bitcoin broke below the £38,000 support on May 12, which triggered panic selling. The BTC to GBP pair continued to move lower and reached the £31,005 support on May 17. Our assumption played out on September 7 as Bitcoin turned down sharply from £38,257.06 and plunged to an intraday low of £31,011.

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The long tail on the day’s candlestick shows that the bulls purchased the dip aggressively. The buyers will now have to drive the price above £41,795 to resume the uptrend. Such a move will suggest that supply exceeds demand and the sentiment could be turning negative. A break and close below the 20-day EMA could pull the price down to £38,257.06.

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The bulls could not push the subsequent bounce above the 20-day EMA, which suggests that the sentiment has turned negative and traders are selling on rallies. A consolidation near the all-time high is a positive sign as it shows that traders are not rushing to the exit. That could increase the prospects of the continuation of the uptrend. The BTC/GBP pair has been stuck between £46,000 and the 20-day EMA for the past four days.

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Such a move could open the doors for a retest of the £44,238 to £47,240.05 overhead resistance zone. However, the bulls could not sustain the Bitcoin price GBP above £44,238 and the BTC/GBP pair dipped back below this level on April 17. This resulted in sharp selling by short-term traders and the price plunged below the 50-day SMA on April 18. Although the bulls purchased the initial dip, they have not been able to continue the recovery.

The buyers continued their momentum and pushed the price above the 61.8% Fibonacci retracement level at £36,834.35 on September 5. If bulls sustain the price above this level, the bitcoin to GBP pair could continue its journey toward £42,650. We had warned that Bitcoin could face selling near the 20-day exponential moving average and that is what happened. The bulls tried to push the price above the 20-day EMA on September 24 and again on September 27 but failed. However, a minor positive is that bulls have successfully defended the 100-day simple moving average for the past few days. The selling continues and the bears sink the price below £38,355, it will complete a bearish descending triangle pattern.

The 50-day SMA, which had been acting as a major support, is now acting as a resistance. Selling continued on April 19 and the pair commenced its journey toward the next support at £36,777. This is an important support to watch out for because if it cracks, the selling could intensify and the pair may drop to £31,005. The 20-day EMA has turned down and the RSI has slipped into the negative zone, indicating advantage to the bears. However, if the bulls purchase the drop to £36,777, the btc price gbp could remain range-bound for a few days.

The chart setup looks like the price may remain range-bound with a negative bias. Hence, we are not recommending any fresh long positions at the current levels. Therefore, relief rallies to the 20-day EMA are likely to be sold into. With buyers stepping in at £21,000 and sellers at £31,005, the stage seems to be set for a consolidation between these two levels for a few days. However, if the bears sink the price below £21,000, the selling could intensify and the pair could drop to £15,000.

Technical Analysis

The bitcoin to gbp pair may now rally to the 50-day SMA, which is likely to act as a stiff resistance. If the bitcoin price uk turns down from the 50-day SMA, the pair could drop to the 20-day EMA. A strong rebound off this support will suggest that the sentiment has turned bullish and traders are attempting to buy on dips. A breakout and close above the 50-day SMA will clear the path for a stronger recovery that may reach the 61.8% Fibonacci retracement level at £33,902.53 and then £38,000. Conversely, if the price turns down and breaks below the 20-day EMA, it will suggest that traders are squaring their positions on rallies.

The pair rebounded off £26,649.75 on February 3 and buyers pushed the price above the overhead resistance on February 4. This zone has acted as a strong resistance on three previous occasions, hence the bears are again expected to mount a strong defence. If the price turns down from this zone, the pair could drop to the 50-day SMA. The BTC/GBP pair turned down on February 26 but strong buying on February 28 propelled the price above the 50-day SMA. The rally has reached the strong resistance zone of £32,382 to £34,031.

The first target for Bitcoin highest price GBP ever is on the upside is £45,000. However, the short-term traders may dump their positions if the bulls fail to sustain the bitcoin value gbp above £44,238. That may also encourage the aggressive bears to initiate short positions. A break below this support could start a deeper correction that could reach £36,777 and then £31,005. Although Bitcoin rose above £34,398.41 on September 15, the bulls could not sustain the higher levels. The bears pulled the price back below the moving averages on September 20, resulting in panic selling.