Welcome to the June edition of the Cryptie! As the summer heats up, so does the world of cryptocurrency. This issue is brimming with exciting updates, including the latest trends in cryptocurrency payments, industry news, and developments from our community. We’ve got fresh insights and special features to keep you in the loop.
Dive in and stay ahead in the ever-evolving crypto landscape!
In This Issue:
Industry News
Read news from across the blockchain industry:
- MicroStrategy plans to raise $500 million to buy more Bitcoin (Investopedia).
- Former President Trump calls for all Bitcoin mining to be conducted within the United States (Forbes).
- Coinbase donates $25 million to Fairshake Super PAC shortly after President Biden vetoes a crypto custody bill (Fortune).
- Fidelity suggests a small investment in Bitcoin is sensible, irrespective of the broader cryptocurrency thesis (CNBC).
- SEC Chair Gary Gensler anticipates Ethereum ETF approvals during the summer (The Block).
- Ripple introduces a new fund to promote blockchain innovation in Japan and Korea (CNBC).
- Blockchain technology is helping sports fans enhance their engagement and display their fandom (Forbes).
Featured Crypto-powered Gift Cards for Summer Travel and Vacations
Elevate your summer travel and vacation plans with crypto-powered gift cards from Delta, Hotels.com, and StubHub. These gift cards provide the perfect blend of convenience and flexibility, ensuring a seamless and memorable summer experience.
Delta
Experience the ease of booking flights for your summer adventures with Delta gift cards.
Hotels.com
Enjoy luxurious stays at top destinations worldwide with Hotels.com gift cards, perfect for your summer getaways.
StubHub
Make your summer unforgettable with tickets to the hottest events and concerts using StubHub gift cards.
Travel with Crypto
BitPay Travel is now open to all! In collaboration with Xeni, BitPay Travel allows crypto users to pay for flights, hotels, rental cars, and activities with their cryptocurrency. Book your travel at great prices and pay straight from your cryptocurrency wallet.
Download The 2024 BitPay Spending Report
Did you know that in Q1 2024, cryptocurrency payments grew 20%? BitPay’s latest spending report showcases how payments evolved by industry, coin, chain, region, as well asother interesting spending trends.
→ Download The 2024 BiPay Spending Report 100% Free!
Product Focus: Pay Bills with No Fees
Leave traditional bill payments in the past. Now through June 30th, use Bill Pay with zero fees. Pay off practically any bill with 100+ cryptocurrencies, including BTC, LTC, ETH, DOGE, and hundreds more.
- Credit cards
- Student loans
- Mortgages
- Utilities
- Car Payments
→ Get the app or sign up at BitPay.com to get started
Questions to Ask Your Payment Processor
Don’t risk partnering with the wrong crypto payments provider. Arm yourself with the right questions to ask when vetting potential partners.
Question #50: Do they have direct relationships with coin foundations and communities?
Read the overview here or download our expanded guide of questions to help spot a reliable and trustworthy crypto partner.
Word of the Month: Smart Contract
Smart contracts are self-executing contracts where the terms are directly written into code, enabling automatic and secure transactions without intermediaries. They enhance transparency and efficiency, as the contract executes when predetermined conditions are met.
→ Dive into how smart contracts work and their potential applications
BitPay is Headed to Nashville This Summer
BitPay will attend several upcoming cryptocurrency conferences in Nashville this summer. Join us to explore the latest crypto innovations and connect with industry leaders.
- Litecoin Summit: Come join us at the Litecoin Summit for in-depth discussions and networking opportunities with Litecoin enthusiasts and experts. More info
- Bitcoin 2024: Don’t miss out on Bitcoin 2024, where we’ll be showcasing our latest advancements and engaging with the Bitcoin community. More info
Merchant Shoutouts
Check out this month’s merchant shoutouts:
- Shop APMEX’s silver and gold popular categories, including pop culture collectibles. Shop now!
- OneGold gives you direct ownership of vaulted gold, silver, and platinum at an ultra-low cost. Start your free account today.
- Buy a domain name with Namecheap today!
- Ready to start accepting crypto with your Shopify business? Get started today with the BitPay app!
- Instantly deploy high-performance cloud servers, cloud GPUs, bare metal, and cloud storage worldwide with Vultr. New users receive $100 to test their platform.
- Use BrandBucket to name your business.
- Shop US stores and have your items reliably shipped back home with Qwintry
Not a current BitPay merchant?
Get in touch with a BitPay representative today
