Acker, which claims to be “the oldest and most respected wine shop in America and “the largest global wine auction house”, has announced that is now accepting a select group of cryptoassets, which includes Dogecoin, for payment at auction and retail.
According to Acker’s press release, it will accept Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, PAX, Gemini Dollar, and BUSD with the help of crypto payment processor BitPay.
Acker Chairman John Kapon had this to say:
“Cryptocurrencies are no longer a passing fad, and, as one of the oldest licensed businesses in America, Acker is proud to accept this novel form of payment as we continue to evolve in our third century as a company.
“Cryptocurrency is here to stay, and we are excited to offer these additional options for payment in this ever-changing and shifting world. We look forward to growing our already robust network of wine lovers and making more exciting announcements in the digital space soon.“
As for Dogecoin, which appears to be Tesla CEO Elon Musk’s favorite cryptocurrency, around 04:52 UTC, on crypto exchange Bittrex, the price hit $0.1438, which is currently today’s intraday high.
According to data by CryptoCompare, currently (as of 14:55 UTC on April 15), $DOGE is trading around $0.1331, up 5.63% in the past 24-hour period.
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a high risk of financial loss.