Turkish Bitcoin exchange BTC Turk is the first exchange in the country to have made a partnership with a football club as a new sponsor and we are reading in the coming altcoin news below.
As other blockchain news continues to make progress in the sporting arena, Yeni Malatyaspor is the latest of the clubs to have made a new partnership with a bitcoin exchange. As revealed on Reddit the Turkish Bitcoin exchange signed the sponsorship contract with the club that will feature the logo on the team kit for the next season. Last week as well, the English premier league champions Manchester City unveiled their own blockchain partnership. The move by Yeni Malatyaspor suggests that the high-profile teams even not involved with football, are realizing that the benefits are of cryptocurrencies are far greater. The sponsorship is the first of this kind between a bitcoin exchange and a professional sports club.
Another Reddit user also confirmed there was a collaboration after spotting the BTC Turk banner at the Sunday’s game between Yeni Malatyaspor and Alanyaspor. The deal will boost the BTCTurk and Bitcoin presence as football is a sport that is the most popular sport in the country. The BTC Turk CEO Ozgur Guneri had the next thing to say:
“And now, we are excited to make another breakthrough in our country and in the world, bringing Yeni Malatyaspor, one of the successful clubs in Turkey Super League and BtcTurk together. With this agreement, we have taken a significant step to increase awareness towards Bitcoin and contribute to the healthy growth of the cryptocurrency industry in Turkey as well.”
Bitcoin still remains a popular choice for the citizens of Turkey because of the number of negative factors affecting the local economy. The Geo-political situation and inflation rate which hovers around 17% is still driving the citizens into Bitcoin and other crypto-assets. The Turkish Lira has dropped again as the global financial crisis is going deeper and at one point the local currency lost more than half of its value. BTC Turk is well-positioned to help the citizens and the company became the first company to offer services with the Lira in the country as per the reports in the latest cryptocurrency news previously.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
DC Forecasts - Newsletter and get recent news directly to your inbox! Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.