The price of ETH has surged 21% in the last week to reach $1,266.Ĭointelegraph reached out to Patrick Hughes, but did not receive a response at the time of publication. The establishment closed its doors in October, which patrons speculating it may have been related to restrictions due to the pandemic.Īt the time of publication, the price of Bitcoin is $37,761, having fallen 6% in the last 24 hours. Could double your price.”īars and restaurants have promoted crypto adoption by offering Bitcoin payments as a medium of exchange. Room 77, a bar and restaurant in Germany, was one of the first brick-and-mortar businesses to accept Bitcoin, with one customer buying a pint of beer in May 2011. “No one is gonna commit to a price in BTC with a 30-day close period for escrow.
The business is located in 107 University Pl, New York, NY 10003, USA. “Seems like he’s lowering the number of buyers for himself,” said Crypto Twitter user dladowitz. Newsbar is a business providing services in the field of Cafe, Restaurant. “NYC is a rapidly depreciating asset right now with the exodus of people leaving the city,” said Redditor Chuyito. And on June 7, 2022, the first awards for North America's 50 Best Bars were announced in a ceremony at. The price of Bitcoin has surged to new all-time highs entering the new year, while New York businesses are still suffering the effects of the pandemic. Katana Kitten was the last edition’s highest ranking New York City spot at number 10. Search results are sorted by a combination of factors to give you a set of choices in response to your search criteria. Hughes reported he had been forced to reduce the number of staff at Hellcat Annie’s and Scruffy Duffy’s by roughly 90%, from 50 people before the March outbreak to “five or six” today.ĭespite the seemingly first ever sale of a NYC bar for crypto, some on social media criticized Hughes for the timing. Dexknows ® - helps you find the right local businesses to meet your specific needs. The 56-year-old Queens native owner cited the shutdowns caused by the global pandemic as the one of the reasons behind the sale. The Grey Dog - 90 University Pl, New York. Blue Stripes Cacao Shop - 28 E 13th St, New York.
“I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Hughes, referring to crypto as decentralized, global, and a “hot currency.” Latest reviews, photos and ratings for NewsBar Café at 107 University Pl in New York - view the menu, hours, phone number, address and map. 9 Exciting New Restaurants to Try This Weekend in NYC. Photo courtesy of Tamara Beckwith, NY Post Captain Foxhearts Bad News Bar & Spirits Lodge: A Houston, TX Bar. A sign in front of the bars states that the asking price is 800 ETH or 25 BTC for both properties - roughly $1 million at the time of publication. New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell's Kitchen neighborhood of Manhattan for cryptocurrency.Īccording to a report from the New York Post, Hughes will accept crypto payments in the form of Ether ( ETH) or Bitcoin ( BTC) for the sale of Hellcat Annie’s and Scruffy Duffy’s located on 10th Avenue in New York City.