Welcome to the latest edition of Cryptie, which has us abuzz with excitement during a month in which Bitcoin and other cryptocurrencies hit record highs. This issue includes the latest updates from the cryptocurrency industry, including an in-depth analysis of the factors driving record-breaking price surges, insightful analysis of the rapidly evolving cryptocurrency payments landscape, and the latest developments in BitPay.
Let’s take a look at this month’s highlights.
On this issue:
Bitcoin (BTC) has reached a new all-time high.
The price of Bitcoin has hit all-time highs several times over the past week, peaking at $73,750.77 on March 14 before falling slightly. The previous all-time high was just $67,000 in November 2021. During this period, BTC’s rise was stalled due to the collapse of cryptocurrency exchange FTX.
Bitpay in the news
Check out the latest news from BitPay this month.
industry news
Read news from across the blockchain industry.
2023 Best BitPay Award Winners
Congratulations to those who were elected Best of BitPay 2023 Awards! Of the 136 merchants nominated across 14 countries, the cryptocurrency community chose these businesses as their favorite BitPay merchants across 18 categories. Please give each organization a round of applause to celebrate their pioneering spirit and dedication to the cryptocurrency world.
Product Focus: New payment experience and supported coins
BitPay has expanded its cryptocurrency payment options to include more than 100 cryptocurrencies representing more than 90% of the total market capitalization, along with improvements such as an upgraded invoice user interface and WalletConnect 2.0 integration. .
→ Learn more about updates.
Buy gift cards for NCAA basketball tournaments
Whether you’re looking for food for a crowd during a marathon tripleheader, newly licensed gear to help you cheer on your favorite team, or a college basketball video game that will allow you to attend more games, cryptocurrency has it all. You can get something. -Supports gift cards via BitPay.
→ Learn more
Questions to ask your payment processor
Don’t risk partnering with the wrong cryptocurrency payment provider. Arm yourself with the right questions to ask when researching potential partners.
Question #26: What is your standard payment processing speed?
Read our overview here or download our expanded questions guide to help you find a trustworthy cryptocurrency partner.
→ Get the e-book
Bitcoin Halving Countdown: Less than 1 month left
Bitcoin halving is scheduled to take place in April 2024. The upcoming Bitcoin halving event presents merchants with a unique opportunity to capitalize on the growing interest in Bitcoin spending. By accepting Bitcoin payments through BitPay, merchants can tap into a growing customer base and benefit from a potential surge in Bitcoin transactions. Don’t miss this opportunity to get ahead and sign up for BitPay today.
Word of the Month: bitcoin node
Bitcoin nodes are critical components of the Bitcoin network, responsible for verifying transactions and maintaining network integrity. There are different types, including full nodes, light nodes, and mining nodes, and each plays a unique role in the ecosystem. Individuals can run their own Bitcoin nodes to enhance the privacy, security, and decentralization of the network, with configuration options available for all levels of technical expertise.
→ Learn more about Bitcoin nodes
ddeveloper news
major release
The major release is now available to merchants, including support for new language features, examples added to the codebase, exception sorting with the SDK, better custom logger support, and other general improvements across the API.
patch
upcoming releases
- PHP SDK v9.0.0
- Node.js SDK v6.0.0
- BitPay Checkout for WooCommerce plugin v5.4.0
Payroll API
BitPay is phasing out the “Payroll” API endpoint, which has been replaced by the “Payouts” endpoint. If you use BitPay’s payment/transfer functionality via API integration, make sure you are using the correct endpoint. If you have any questions, please contact us at Integrations@bitpay.com.
→ Learn more
Travel with cryptocurrency
BitPay Travel is now open to everyone! In collaboration with Xeni, BitPay Travel will allow cryptocurrency users to pay for flights, hotels, rental cars, and activities with cryptocurrency. Get low prices on all your travel bookings and enjoy the added benefit of paying directly from your cryptocurrency wallet.
Seller’s Call
Check out this month’s seller news.
- Shop APMEX’s popular silver and gold categories, including pop culture collectibles. Shop now!
- OneGold allows you to own vaulted gold, silver and platinum directly at a very low cost. Start your free account today.
- Buy your domain name with Namecheap today!
- Are you ready to accept cryptocurrency in your Shopify business? Get started with the BitPay app today!
- Instantly deploy high-performance cloud servers, cloud GPUs, bare metal, and cloud storage globally with Vultr. New users receive $100 to test the platform.
- Name your business using BrandBucket.
- Shop from US stores and get your products delivered to your home reliably with Qwintry.
Not a current BitPay merchant?
Contact a BitPay representative today