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Breakaway Music Festival To Accept Cryptocurrency At All 2025 Events | CULTR

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Breakaway Music Festival To Accept Cryptocurrency At All 2025 Events | CULTR

Independent music festival producer Breakaway Music Festival, today announced that all 12 of its festivals in 2025 will accept cryptocurrency as a form of payment for tickets, ultra VIP bottle service, & more. This move solidifies Breakaway’s position as a forward-thinking organization at the forefront of the music industry’s technological advancements.

Since its inception, Breakaway has rapidly emerged as one of the fastest-growing independent music brands, captivating festival-goers across the U.S. with its vibrant blend of music, culture, and community. Breakaway is also well-acquainted with blockchain and cryptocurrency. The company played a key role in launching Our Music Festival, the first blockchain-powered music festival. This venture offered Breakaway valuable insights into the potential of blockchain technology and the expanding cryptocurrency community.

“We’re excited to expand our offerings and embrace the future of payments by accepting cryptocurrency at all of our 2025 festival dates,” said Adam Lynn, co-founder and CEO of Breakaway. “As the music industry continues to evolve, we’re committed to adapting to the needs of our fans and staying ahead of the curve. By accepting cryptocurrency, we’re providing our fans with more flexibility and convenience, while also supporting the growth of the cryptocurrency community in the markets we’re serving next year and beyond.”

Crypto is back on everyone’s minds as of late as Bitcoin has reached new all-time highs. This is partly attributed to Donald Trump’s recent re-election victory. Trump has taken a pro-crypto stance, pledging to make the U.S. a global hub for cryptocurrency and proposing significant regulatory shifts, such as potentially replacing SEC leadership to favour crypto policies. Understandably this pushed the price of the majority of coins higher and brought companies and individuals back to the market.

2025 Breakaway Music Festival Dates

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April 4-5: Breakaway Dallas

April 18-19: Breakaway Arizona

April 25-26: Breakaway Tampa

May 16-17: Breakaway Atlanta

May 30-31: Breakaway Ohio

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June 6-7: Breakaway Minnesota

August 15-16: Breakaway Michigan

Sept 5-6: Breakaway Mass

Sept 12-13: Breakaway Philadelphia

Sept 26-27: Breakaway Carolina

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October 3-4: Breakaway Alabama

October 17-18: Breakaway NorCal

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Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News

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Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News

Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News





















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WisdomTree launches ETP focused on XRP cryptocurrency

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WisdomTree launches ETP focused on XRP cryptocurrency

WisdomTree has launched a new cryptocurrency exchange-traded product (ETP), the US asset manager announced today, with a focus on the XRP digital currency.

The new WisdomTree Physical XRP (XRPW), joins the firm’s $1.1bn lineup of physically backed cryptocurrency products, designed to provide European investors with a straightforward, regulated means of investing in digital assets without direct ownership.

The XRP asset, native to the XRP Ledger (XRPL), has carved out a unique role for itself in the digital currency landscape, as a blockchain optimised for cross-border payments and high-speed transactions.

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Bitcoin Hits $95K For The First Time Ever, Ethereum, Dogecoin Flat As Trump's Crypto Policy Takes Shape: Top Analyst Describes BTC's Path To $135K – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

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Bitcoin Hits K For The First Time Ever, Ethereum, Dogecoin Flat As Trump's Crypto Policy Takes Shape: Top Analyst Describes BTC's Path To 5K – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Bitcoin hit $95,000 for the first time ever, following reports of a cryptocurrency-focused role in the incoming Donald Trump administration.

Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET)
Bitcoin BTC/USD +2.73% $94,794.86
Ethereum ETH/USD
               
-0.98% $3,083.96
Dogecoin DOGE/USD           -0.87% $0.3845

What Happened: The leading cryptocurrency briefly surpassed the never-seen-before level overnight on Wednesday before rebounding.

With the latest uptick, Bitcoin’s weekly gains jumped to nearly 5%, while its market dominance reached 60%. Its returns for November have shot past 33% already, against the historical average of 45%. 

On the contrary, Ethereum, the second-largest cryptocurrency by market capitalization, slid below $3,100. It was down over 3.5% over the week.

Bitcoin’s rally followed reports of a dedicated cryptocurrency role in Trump’s administration that would act as a bridge between the White House, Congress, and regulatory agencies like the SEC and CFTC.

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Nearly $350 million in leveraged positions were liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $241 million.

Bitcoin’s Open Interest (OI) surged 6.52% in the last 24 hours, implying heightened speculative interest among derivatives traders.

Most of the new bets favored Bitcoin’s price increase as the number of long positions increased vis-à-vis shorts, according to the Long/Shorts Ratio.

Market sentiment remained in the “Extreme Greed” zone, as per the Cryptocurrency Fear and Greed Index.

Top Gainers (24-Hours)

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Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET)
Floki (FLOKI) +14.94% $0.0002822
UNUS SED LEO (LEO) +6.46% $8.47
Tezos (XTZ) +5.35% $1.08

The global cryptocurrency market capitalization stood at $3.12 trillion, following an increase of 1.32% in the last 24 hours.

Stocks traded mixed on Wednesday. The S&P 500 ended the session flat, while the tech-heavy Nasdaq Composite slid 0.11% to close at 18,966.14. The Dow Jones Industrial Average

The Nasdaq Composite lifted 195.66 points, or 1.04%, to end at 18,987.47. The S&P 500 added 0.40% to close at 5,916.98. Meanwhile, the Dow Jones Industrial Average was the outlier, surging 139.53 points, or 0.32%, to end at 43,408.47.

Nvidia Corp. NVDA shares finished 0.76% lower ahead of third-quarter earnings, which eventually turned out to be better than expected.

.See More: Best Cryptocurrency Scanners

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Analyst Notes: Noted cryptocurrency analyst Ali Martinez drew a parallel with Bitcoin’s Dec. 2020 trajectory, observing a “nearly identical” Relative Strength Index (RSI).

“If true, BTC will go to $108,000, drop to $99,000, and bounce to $135,000,” Martinez added. 

Another widely-followed analyst, Rekt Capital, stated that Bitcoin dips from the previously broken resistance would mean a “post-breakout retest.”

“These retests aren’t always necessary but BTC’s most recent downside wicking demonstrates that there is at least retesting intent in the price action,” the analyst remarked.

Photo by SvetlanaParnikova on Shutterstock

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