Bhutan’s Crypto Leap: Bitcoin and Digital Payments Transform Tourism
In a historic move, Bhutan has partnered with Binance Pay to become the first sovereign nation to officially integrate cryptocurrency payments into its tourism sector. This initiative, backed by DK Bank, allows tourists to use over 100 cryptocurrencies, including Bitcoin, via QR code technology. The Royal Government's bold step under Prime Minister Lotay Tshering's leadership aims to bridge local businesses with the global digital economy, marking a significant milestone in crypto adoption. As of June 2025, this development signals growing institutional acceptance of digital assets and their potential to revolutionize traditional payment systems in emerging markets.
Bhutan Partners with Binance Pay to Launch Crypto Payments for Tourism
The Royal Government of Bhutan has forged a groundbreaking partnership with Binance Pay, enabling tourists to make payments using over 100 cryptocurrencies. This initiative, supported by DK Bank, integrates QR code technology to connect local vendors with the global digital economy.
Prime Minister Lotay Tshering's administration is positioning Bhutan as the first sovereign nation to officially adopt cryptocurrency within its national tourism policy. The move aligns with Bhutan's broader crypto-first strategy, which includes holding Bitcoin reserves.
The Binance Pay integration marks a significant step toward mainstream crypto adoption, offering seamless transactions for travelers while bolstering Bhutan's digital infrastructure. This development underscores the growing intersection of traditional finance and decentralized technologies.
Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break
Bitcoin is finally exhibiting decisive momentum as it tests the $98,000 resistance level, marking a potential reversal from months of choppy price action. Bulls have regained control, with technical structure suggesting the beginnings of a sustained uptrend.
The $90,000 support zone remains critical—a breach WOULD invalidate the bullish thesis. Conversely, a daily close above $100,000 could trigger accelerated buying and restore broader market confidence. Analysts are closely monitoring this inflection point.
Bitcoin Price Eyes $100K as Bulls Regain Momentum
Bitcoin's price surge above $96,500 signals renewed bullish momentum, with traders eyeing a potential push toward the psychologically significant $100,000 level. The breakout follows a successful defense of the $93,500 support zone, confirming market resilience.
Technical analysis reveals a decisive breach of the bearish trend line at $97,200 on BTC/USD hourly charts, with Kraken data showing sustained trading above the 100-hour moving average. The next critical resistance lies at $98,800—a clearance of which could accelerate upward movement.
Robert Kiyosaki Backs Bitcoin's Scarcity as Peter Schiff Doubles Down on Gold
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has publicly endorsed Bitcoin's fixed supply as a superior hedge against inflation compared to gold. His recent remarks on X (formerly Twitter) emphasized Bitcoin's Immutable 21-million-coin cap—a feature he claims traditional commodities like gold cannot replicate. 'If the price of gold goes up, I’ll mine more. Bitcoin’s supply is unchangeable,' Kiyosaki stated.
Meanwhile, gold advocate Peter Schiff dismissed bitcoin as a 'scam,' citing gold’s outperformance in 2025 projections. The debate underscores a growing ideological rift in the store-of-value narrative, with Bitcoin’s programmatic scarcity clashing against gold’s historical precedent.
Bitcoin Surges to $97K, Highest in Past Two Months
Bitcoin's price soared to $97.9K, marking its highest level in two months before settling at $96K. The rally has restored profitability to over 3 million BTC, offering relief to investors.
Market momentum builds as Bitcoin breaks through resistance levels that had capped its price NEAR $94K for weeks. The surge reflects renewed confidence in the cryptocurrency's long-term value proposition.
Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K
Bitcoin staged a swift recovery following a steep decline that saw prices plunge below $95,000, briefly touching $93,395. Buyers stepped in at the $94,000 level, arresting the fall and propelling BTC upward. The cryptocurrency swiftly breached key resistance levels, including a bearish trendline at $94,755, and now eyes the $97,000 mark.
The 100-hour Simple Moving Average sits below current prices, signaling bullish momentum. Traders are now watching for a decisive break above $97,000, which could pave the way for a renewed push toward six figures. Market sentiment appears resilient despite the earlier volatility, with whales actively accumulating at lower levels.