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Home Cryptocurrency Bitcoin

BitPay & Crypto Update June 2024: Latest News, Trends, and Insights | BitPay Newsletter

The BitPay Team by The BitPay Team
June 24, 2024
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BitPay & Crypto Update June 2024: Latest News, Trends, and Insights | BitPay Newsletter
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Welcome to the vibrant June edition of the Cryptie! As summer unfolds, so does the exhilarating world of cryptocurrency, heralding a season not just of sunny skies but of heated developments in the crypto realm. This issue is positively overflowing with the latest scoops, including groundbreaking trends in cryptocurrency payments, pivotal industry news, and remarkable developments from our electric community. We’re here to arm you with fresh insights and special features, ensuring you remain on the pulse of this ever-dynamic landscape.

Immerse yourself in what promises to be a fascinating journey, and stay a step ahead in the constantly evolving world of cryptocurrency!

Highlighted in This Edition:

Industry News

Catch up on the latest dispatches from the blockchain industry:

MicroStrategy is setting the investment stage alight, announcing plans to secure $500 million for further Bitcoin acquisitions, a bold move outlined by Investopedia. In a turn that’s caught the attention of observers, former President Trump has voiced an opinion that Bitcoin mining should remain an exclusively United States affair, Forbes reports. Not to be outdone, Coinbase has made headlines with a substantial $25 million donation to Fairshake Super PAC in the wake of President Biden’s veto on a noteworthy crypto custody bill, as detailed by Fortune.

Fidelity, through CNBC’s reporting, proposes that even a modest investment in Bitcoin could be wise, regardless of one’s overarching stance on cryptocurrency. SEC Chair Gary Gensler, in statements captured by The Block, is signaling a bullish summer with anticipated Ethereum ETF approvals. Ripple is looking eastward, inaugurating a new fund aimed at spurring blockchain innovation in Japan and Korea, CNBC informs us. Forbes highlights how blockchain technology is not just a buzzword but is enhancing sports fans’ engagement and showcasing their fandom like never before.

Featured Crypto-powered Gift Cards for Summer Travel and Vacations

Take your summer travel and vacation plans to new heights with crypto-powered gift cards from illustrious providers like Delta, Hotels.com, and StubHub. These gift cards mix convenience with flexibility perfectly, ensuring your summer experiences are both seamless and unforgettable.

Delta

Book your flights effortlessly for this summer’s adventures with Delta gift cards, simplifying your travel arrangements.

Hotels.com

Indulge in luxurious stays at spectacular global destinations with Hotels.com gift cards — your essential companion for summer relaxation.

StubHub

Amplify your summer with access to the season’s most anticipated events and concerts, courtesy of StubHub gift cards.

→ Explore these incredible gift cards

Travel with Crypto


Welcome to the future of travel with BitPay Travel, now available to all! In a thrilling collaboration with Xeni, BitPay Travel revolutionizes how we plan our travels, allowing crypto aficionados to book flights, hotels, rental cars, and activities, all payable directly with cryptocurrency. Unlock exceptional prices and pay with ease from your crypto wallet.

→ Begin your adventure with BitPay Travel

Download The 2024 BitPay Spending Report


Were you aware that in the first quarter of 2024, cryptocurrency payments witnessed a staggering 20% growth? Delve into BitPay’s latest spending report for an illuminating look at how payment trends have evolved across different industries, coins, chains, and regions, alongside other notable spending behaviors.

→ Download the eye-opening 2024 BitPay Spending Report, now available absolutely free!

Product Focus: Pay Bills with No Fees


Cast aside conventional bill payments. Starting now and extending through June 30th, BitPay invites you to use Bill Pay with absolutely zero fees. A myriad of bills including credit cards, student loans, mortgages, utilities, and car payments, can now be settled with over 100 cryptocurrencies such as BTC, LTC, ETH, DOGE, and many others.

→ Download the app or visit BitPay.com to embark on a hassle-free payment experience

Essential Questions for Your Crypto Payment Processor

Choosing a crypto payment provider is a crucial decision that shouldn’t be taken lightly. Equip yourself with the most pertinent questions to guarantee you team up with a provider that not only meets but exceeds your expectations.

Question #50: Do they foster direct relationships with coin foundations and communities?


Get a detailed overview here, or dive deeper by downloading our comprehensive guide of questions designed to highlight a reliable and trustworthy crypto partner.

→ Secure your copy of the e-book today

Word of the Month: Smart Contract

From Code to Coins: Understanding Smart Contracts in Blockchain Payments

Smart contracts represent the pinnacle of blockchain’s promise of decentralization. These are self-executing contracts with the terms of the agreement directly written into lines of code, facilitating transactions that are not only automatic but secured without the need for intermediaries. Discover the transformative power of smart contracts and explore how they promise to reshape transparency and efficiency across numerous sectors.

→ Embark on a deep dive into the workings and potential of smart contracts

BitPay Takes on Nashville This Summer

Mark your calendars! BitPay is gearing up to hit the road, making a beeline for several high-profile cryptocurrency conferences in Nashville this summer. Join us for electrifying forums, where we will unveil our newest endeavours and mingle with titans of the blockchain world.

Catch us at the Litecoin Summit for nuanced discussions and unparalleled networking opportunities with Litecoin’s devoted following and leading minds. Furthermore, Bitcoin 2024 is an unmissable event on our itinerary, promising a showcase of our trailblazing advancements and a chance to engage with the vibrant Bitcoin community.

Merchant Shoutouts

This month’s roll call of merchant shoutouts:

Dive into APMEX’s treasure trove of silver and gold, including coveted pop culture collectibles. On the hunt for sustenance that speaks of sophistication? OneGold offers direct ownership of vaulted gold, silver, and platinum, encapsulating luxury at an ultra-low cost. For those venturing into the digital domain, Namecheap stands ready to serve your domain name needs with unparalleled ease.

Ready to embrace crypto within your Shopify ventures? BitPay app paves the way for a seamless integration. Embark on a journey of innovation with Vultr’s spectacular array of cloud servers, GPUs, bare metal, and storage solutions, complemented by a generous $100 new user incentive for platform testing. For branding that breathes life into your business aspirations, BrandBucket is your go-to. And when it comes to shopping from US stores and ensuring reliable, hassle-free shipping back home, Qwintry leads the pack.

Not a current BitPay merchant?

Discover the unparalleled advantages of partnering with BitPay. Engage with a BitPay representative today, and propel your business into the cryptocurrency era.

Conclusion: Bridging the Worlds of Traditional Finance and Cryptocurrency

As this edition of the Cryptie draws to a close, we stand at the precipice of a truly revolutionary era in finance, where the lines between traditional financial systems and the groundbreaking world of cryptocurrency are increasingly blurring. With innovations sprouting at every turn and adoption rates climbing, navigating this brave new world requires not just awareness but a keen insight into the mechanisms that drive these changes.

We invite you to continue this fascinating journey with us, exploring the vast reaches of cryptocurrency and blockchain technology. For those hungry for more news and insights, be sure to check out DeFi Daily News for a treasure trove of information that keeps you ahead in the game. Refresh your knowledge, indulge your curiosity, and make informed decisions as you traverse this exciting landscape.

Until next time, stay curious, stay informed, and most importantly, stay ahead. Happy reading!



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