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May 2024 Newsletter for All Things BitPay & Crypto

May 23, 2024
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Welcome to the newest situation of the Cryptie. Because the group settles into post-halving normals, we have seen a lot of motion internationally of crypto. This situation is filled with the newest updates from the cryptocurrency business, new retailers, giveaways, and the newest updates from BitPay.

Let’s dive into this month’s highlights.

In This Situation:

BitPay within the Information

Try the newest information from BitPay this month:

Trade Information

Learn information from throughout the blockchain business:

Wisconsin’s state pension fund has made a big funding in Bitcoin, highlighting the growing acceptance of cryptocurrency by public establishments. WPRBitcoin’s worth has surged to $70,206, reflecting a renewed curiosity and bullish sentiment within the cryptocurrency market. ReutersThe race to seek out uncommon Bitcoin is intensifying as the full provide nears its most cap, creating urgency and pleasure amongst miners. WiredFormer President Trump’s marketing campaign is more and more counting on cryptocurrency donations, elevating questions on regulatory oversight. AP NewsCongressional Democrats are pushing for extra stringent crypto laws, aiming to curb dangers and improve client protections. PoliticoThe Home of Representatives has handed a brand new invoice geared toward regulating the cryptocurrency market, signaling a big shift in legislative priorities. Yahoo FinanceCryptocurrencies, together with Ether, are seeing elevated investor optimism, notably with the arrival of recent Ether ETFs. ReutersEthereum’s worth has rallied above $3,100 following an sudden regulatory win, boosting confidence amongst traders. CointelegraphBotanix Labs has raised $85 million from Polychain Capital and others to develop Bitcoin Layer 2 options, indicating sturdy funding curiosity in scaling Bitcoin. CoinDeskEthereum transaction charges have hit a file low as Layer 2 networks take up extra exercise, enhancing the community’s effectivity and decreasing prices. CryptoSlate

Father’s Day Giveaway: Enter to win $250 price of crypto-powered present playing cards

To assist have fun Father’s Day, we’re freely giving $250 in digital present playing cards to 10 (10) fortunate winners!

Whether or not he is a sports activities fan, an outside fanatic, or a fashion-forward dad, we have got the proper present choices from prime retailers like Buffalo Wild Wings, Columbia, and Bass Professional Outlets Act quick! This giveaway ends 6/16.

This sweepstakes is open to america solely. Do not forget to finish each motion to unlock bonus entries.

→ Enter the present card giveaway sweepstakes

Featured Crypto-powered Present Playing cards for Graduates

Have a good time your graduates with the final word present choices tailor-made to their pursuits with our curated number of cryptocurrency-powered present playing cards.

Saks Fifth Avenue

Deal with your graduates to a procuring spree at Saks Fifth Avenue, excellent for serving to them begin their new chapter in model with high-quality vogue and equipment.

GameStop

Reward the avid gamers in your life with a GameStop present card, permitting them to indulge of their favourite video video games, consoles, and equipment.

American Eagle

Assist your graduates refresh their wardrobe with an American Eagle present card, providing fashionable and cozy clothes choices for his or her subsequent huge journey.

→ Discover present playing cards

Service provider Highlight: Proper of the Dot

Trying to purchase a number of the most beneficial domains and Web3 digital belongings? RightOfTheDot, a frontrunner in premium on-line asset auctions, is internet hosting an unique public sale that includes top-tier domains similar to Actors.com, Canine.com, Fish.com, Saints.com, and over 500 extra.

We’re excited to announce that RightOfTheDot will settle for cryptocurrency funds for this public sale. Now you can bid on and buy these premium domains utilizing your most popular cryptocurrency.

Public sale Particulars:

Pre-Bidding: Begins now at Bid.ROTD.comLive Public sale: June 6, 2024, beginning at 3:00 PM CTVenue: Omni Lodge, Downtown Austin, Texas, because the signature occasion of NamesCon GlobalParticipation: On-line at Bid.ROTD.com or in-person on the venue. NamesCon registration is required for in-person participation. www.namescon.com

Along with traditional Web2 domains, this public sale will characteristic a number of Web3 names, offering a novel alternative to safe cutting-edge digital belongings.

To take part on-line, enroll at Bid.ROTD.com and begin putting your bids. With BitPay, you may conveniently pay utilizing Bitcoin, Ethereum, and different well-liked cryptocurrencies. Improve your digital portfolio with a number of the finest domains within the business.

Do not miss this opportunity to safe invaluable on-line belongings whereas leveraging the advantages of cryptocurrency transactions.

→ Go to the public sale web page

Obtain The 2024 BitPay Spending Report

Do you know that in Q1 2024, cryptocurrency funds grew 20%? BitPay’s newest spending report showcases how funds advanced by business, coin, chain, area, plus different attention-grabbing spending tendencies.

→ Obtain The 2024 BiPay Spending Report 100% Free!

Product Focus: Pay Payments with No Charges

Depart conventional invoice funds prior to now. Now by way of June thirtieth, use Invoice Pay with zero charges. Repay virtually any invoice with 100+ cryptocurrencies, together with BTC, LTC, ETH, DOGE, and lots of extra.

Credit score cardsStudent loansMortgagesUtilitiesCar Funds

→ Get the app or enroll at BitPay.com to get began

New Retailers: MonoVM & 1Gbits

MonoVM

MonoVM: Premier Virtual Machine Solutions

MonoVM, a number one webhosting supplier, gives a spread of providers together with VPS internet hosting, shared internet hosting, devoted servers, and area registration. Recognized for its dependable and inexpensive options, MonoVM ensures optimum efficiency with knowledge facilities in over 15 nations. Now, in partnership with BitPay, MonoVM accepts cryptocurrency funds, permitting clients to conveniently pay for providers utilizing Bitcoin, Ethereum, and different well-liked cryptocurrencies​

1Gbits

1Gbits

1Gbits, a number one supplier of devoted servers and VPS internet hosting options, gives high-performance servers with strong safety features and international service protection. Recognized for its superior enterprise-grade {hardware} and distinctive buyer assist, 1Gbits ensures optimum web site efficiency and reliability. Now, in partnership with BitPay, 1Gbits accepts cryptocurrency funds, permitting clients to pay for his or her internet hosting providers utilizing Bitcoin and different well-liked cryptocurrencies

Inquiries to Ask Your Cost Processor

Don’t threat partnering with the flawed crypto funds supplier. Arm your self with the correct inquiries to ask when vetting potential companions.

Query #04: What number of transactions does the corporate course of every year?

Learn the overview right here or obtain our expanded information of questions to assist spot a dependable and reliable crypto associate.

→ Get the e-book

Bitcoin Halving Replace: Halving full

Cryptoworld was abuzz for months concerning the impending arrival of the fourth Bitcoin halving, which lastly occurred on April nineteenth. This implies the reward paid to Bitcoin miners has dropped from 6.25 BTC to three.125 per new transaction block. Crypto fanatics have been watching to see what the affect might be of this uncommon and historic occasion, not simply on the worth of Bitcoin, however all the market. Crypto-friendly retailers are additionally watching carefully, desirous to study what impact the halving may have on their enterprise.

→ Study concerning the significance of Bitcoin halvings, how they work and what traders, customers and companies can count on from the latest one

Phrase of the Month: Altcoins

Bitcoin tends to monopolize the dialog round cryptocurrency, which is sensible given its standing as essentially the most well-known and invaluable crypto available in the market. However there’s a world of alternative on the market in tokens and cash apart from Bitcoin, collectively generally known as altcoins. From portfolio diversification to exploring new communities, altcoins have a spot amongst each crypto consumer’s belongings.

→ Learn extra concerning the origins of altcoins and the way they’re used

Developer Information

WooCommerce Plugin Updates

We’ve launched model 5.4.0, and 5.5.0 that add assist for WordPress 6.5.2. Highlights embody:

Supporting WordPress as much as model 6.5.2Added choice to map the BitPay paid bill statusAdded standing checks to WooCommerceClear cart after Bill creation to mitigate customers going again to the cart and by chance making a second invoiceFixed mismatch with accomplished statusFixed a problem with settings error on clear set up

SDK Releases

We’ve launched a patch model of our SDKs that resolves a problem with satoshisPerByte:

Java SDK v10.0.2Node.js SDK v5.0.2PHP SDK v9.0.2Python SDK v6.0.2

→ Study Extra

Service provider Shoutouts

Try this month’s service provider shoutouts:

Store APMEX’s silver and gold well-liked classes, together with popular culture collectibles. Store now!OneGold offers you direct possession of vaulted gold, silver, and platinum at an ultra-low value. Begin your free account right this moment.Purchase a site identify with Namecheap right this moment! Prepared to begin accepting crypto along with your Shopify enterprise? Get began right this moment with the BitPay app!Immediately deploy high-performance cloud servers, cloud GPUs, naked steel, and cloud storage worldwide with Vultr. New customers obtain $100 to check their platform.Use BrandBucket to call your corporation.Store US shops and have your objects reliably shipped again residence with Qwintry

Journey with Crypto

Image

BitPay Journey is now open to all! In collaboration with Xeni, BitPay Journey permits crypto customers to pay for flights, accommodations, rental automobiles, and actions with their cryptocurrency. Get nice costs on your entire journey bookings and get the additional advantage of paying straight out of your cryptocurrency pockets.

→ Begin utilizing BitPay Journey

Not a present BitPay service provider?

Get in contact with a BitPay consultant right this moment



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