Welcome to the scorching August issue of the Cryptie, where the summer heat is only outmatched by the blazing trail of progress and innovation within the cryptocurrency sphere. This edition is packed with the freshest updates, including a swift recap of the highly anticipated Litecoin Summit and the Bitcoin Conference held in the musical heart of Nashville, a deep dive into the evolving world of crypto payments, the latest buzz from the industry, and pearls of wisdom from our vibrant community. Without further ado, let’s plunge into the digital deep!
Highlighted in This Issue:
Industry News
Stay abreast with the latest developments from the pulsating core of the blockchain industry:
Litecoin Summit Recap
The 2024 Litecoin Summit in Nashville was a beacon for BitPay, shining brightly as we embraced our most ardent supporters from the Litecoin family. The event was a melting pot of innovation, where attendees were treated to enlightening talks from the leading luminaries in Litecoin. Among the speakers, our very own VP of Marketing, Merrick Theobald, took to the stage, unveiling thrilling stats and fresh updates on BitPay’s LTC front. For those who couldn’t join us, worry not! You can catch the spellbinding highlights by indulging in the video below.
Bitcoin 2024 Conference Recap
The Bitcoin 2024 Conference in Nashville, Tennessee, was yet another milestone event where BitPay stamped its authoritative presence. The conference played host to an illustrious lineup of thought leaders and industry giants including Edward Snowden, Michael Saylor, Robert F. Kennedy, Jr, and Donald Trump. Amidst the constellation of stars, BitPay emerged with the latest enhancements to the BitPay Wallet. This intuitive platform facilitates users in a myriad of ways, allowing them to buy, store, swap, send/receive, sell, and spend Bitcoin with unparalleled ease. It also proved to be the perfect arena for networking with merchants keen on integrating crypto payments. The BitPay prize wheel was the cynosure of all eyes, distributing a treasure trove of giveaways spanning gift cards, custom jerseys, to exclusive collectible coins.
→ Don’t miss out on the thrilling highlights from BTC 2024.
Download The 2024 BitPay Spending Report
Did the first quarter of 2024 catch you by surprise with a 20% surge in cryptocurrency payments? Dive into BitPay’s latest spending report, a treasure trove of data illuminating the evolution of payments across various sectors, cryptocurrencies, blockchain networks, regions, and unveiling other captivating spending trends.
→ Secure your 100% Free copy of The 2024 BitPay Spending Report now!
Product Focus: Pay Bills with Crypto
Say goodbye to conventional bill payments and step into the future with Bill Pay by BitPay. This groundbreaking service empowers you to settle practically any bill using your choice from over 100 cryptocurrencies including titans like BTC, LTC, ETH, DOGE, and many more. From credit card payments, student loans, and mortgages to utilities and car payments, transform how you manage your bills.
→ Download the app or sign up at BitPay.com to kickstart your journey.
Merchant Spotlight: The Farm at Okefenokee
Embark on an unparalleled journey to The Farm at Okefenokee, a sanctuary where sustainable living coexists harmoniously with a tight-knit community on a sprawling 705 acres of rejuvenated farmland. This haven offers an innovative self-sufficient lifestyle among like-minded neighbors and ardent bitcoin enthusiasts.
Self-Sufficiency: Craft your own food, water, and energy.
Community: Forge deep connections with fellow bitcoin advocates.
Off-grid Living: Modern comforts blend seamlessly with sustainable practices.
Security: A serene retreat from the chaotic pace of the outside world.
Secure your cabin on The Farm with bitcoin
The Farm proudly partners with BitPay, enabling you to secure your dream cabin using bitcoin.
→ Discover the magic of The Farm at Okefenokee
Questions to Ask Your Payment Processor
Choosing the wrong crypto payment partner can be a costly mistake. Arm yourself with the necessary knowledge and ask the probing questions essential to identifying a secure and reliable crypto payment provider.
Question #33: How many cryptocurrencies do they support?
Explore the overview here or download our comprehensive guide, packed with pivotal questions designed to uncover a crypto payment partner you can trust implicitly.
→ Claim your e-book now.
Word of the Month: Liquidity Pools
Liquidity pools stand as the cornerstone of decentralized finance (DeFi), ushering in a new era where users coalesce their assets to fuel trading pairs on decentralized exchanges (DEXs). These pools are the bedrock of automatic, efficient trading sans traditional market makers, lavishing liquidity providers with transaction fees as rewards. While engaging in liquidity pools can be a lucrative avenue for passive income, participants must brace for potential risks such as impermanent loss, an affliction where the value of stashed assets diverges from their external market value.
→ Dive deeper into the essence of liquidity pools.
Travel with Crypto
Thanks to a pioneering collaboration with Xeni, BitPay Travel flings open its doors to all, inviting crypto enthusiasts to embark on their dream voyages, paying for flights, hotels, rental cars, and enchanting activities with cryptocurrency. Explore breathtaking destinations at competitive prices, making seamless payments directly from your cryptocurrency wallet.
Merchant Shoutouts
This month’s spotlight shines on our esteemed merchants, spearheading the adoption of cryptocurrency in their respective domains:
Embrace the allure of APMEX’s coveted silver and gold collections, featuring enchanting pop culture collectibles. Begin your collection journey today!
OneGold ushers in an era of direct ownership in vaulted gold, silver, and platinum at exceptionally low costs. Activate your free account now.
Namecheap simplifies the task of acquiring your ideal domain name. Start making your digital mark today!
Eager to integrate cryptocurrency payments into your Shopify venture? BitPay app paves the way for a smooth transition. Commence your crypto journey now.
Vultr redefines cloud computing prowess, offering instant deployment of high-performance cloud servers, GPUs, bare metal, and cloud storage across the globe. New users are greeted with $100 to explore the platform.
BrandBucket stands as your go-to ally in christening your business, offering a wide array of names to match your company’s vision.
Qwintry takes the hassle out of international shopping, ensuring your coveted items from US stores are shipped back reliably.
Not a current BitPay merchant?
Seize the moment and engage with a BitPay representative today to revolutionize your business’s payment options.
As we wrap up this edition of the Cryptie, we hope the stories and updates shared ignite your passion for the evolving crypto landscape. The tales of innovation, partnership, and community reflect the dynamic spirit that fuels our journey forward. As the summer heat lingers, may your enthusiasm for cryptocurrency and blockchain technology burn ever brighter.
For those hungry for more insights and updates, head over to DeFi Daily News for a plethora of articles that promise to keep you on the cutting edge of decentralized finance. Revel in the tapestry of stories and developments that paint the future of finance, where each article serves as a beacon guiding through the thrilling world of DeFi.
Until next time, stay curious, stay informed, and let’s keep building the future, one block(chain) at a time.
