The BitPay Blog
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A staff-driven look into enterprise bitcoin development. Accept bitcoin, store and spend bitcoin securely, or turn bitcoin into dollars with the BitPay Card.
The BitPay Blog
2d ago
- Bitcoin has just undergone its fourth “halving,” a major event that happens roughly every four years.
- With each halving, the reward paid to Bitcoin miners is reduced by 50 percent, increasing demand while reducing supply.
- Halvings have historically had a significant impact on both the price of Bitcoin and the broader crypto market, affecting miners, users, investors and merchants in different ways.
Cryptoworld has been abuzz for months about the impending arrival of the fourth Bitcoin halving, which finally happened on April 19th. This means the reward paid to Bitcoin miners has dropp ..read more
The BitPay Blog
5d ago
May marks Teacher Appreciation Month, a special time to acknowledge the dedication and impact of educators everywhere.
This year, go beyond the traditional gifts and express your gratitude uniquely—by using cryptocurrency! Whether you're looking to indulge a wine lover, inspire a craft enthusiast, or pamper someone with a soothing self-care treat, our guide offers a variety of gift card options perfect for any teacher. From Total Wine & More to Michaels, and Bath & Body Works, discover how easy and thoughtful it can be to show your appreciation with crypto-funded gift cards.
Curated c ..read more
The BitPay Blog
5d ago
Welcome to the latest issue of the Cryptie. As the markets show promising trends, we've seen considerable activity in Bitcoin and other cryptocurrencies this month.This issue is packed with the latest updates from the cryptocurrency industry, merchant deals, giveaways, and the latest updates from BitPay.
Let's dive into this month's highlights.
In This Issue:
Industry News
Read news from across the blockchain industry:
Sam Bankman-Fried Sentenced to 25 Years for FTX Fraud: In a significant development in the cryptocurrency industry, Sam Bankman-Fried has been sentenced to 25 years in prison ..read more
The BitPay Blog
1w ago
The Important Bits
- BitPay lets you purchase over 250 different gift cards from major brands using various cryptocurrencies, through either the BitPay Wallet or a Chrome extension.
- The process is simple: select a gift card, specify the amount, and confirm the transaction, all while managing your gift cards easily within the app or extension.
- BitPay supports over 100 types of cryptocurrencies and wallets, making it versatile and user-friendly for different payment preferences.
Use cryptocurrencies to buy gift cards from hundreds of well-known retailers and brands, all from any wallet. B ..read more
The BitPay Blog
1w ago
The Important Bits
- The Bitcoin halving is less than one week away, marking a significant event that reduces mining rewards by half.
- Historical data shows significant price surges following past halvings, highlighting the event's impact on Bitcoin's value and market dynamics.
- With the crypto community split on the outcome, the 2024 halving is poised to be a defining moment for Bitcoin and the broader cryptocurrency market.
The 2024 Bitcoin halving is projected to occur sometime between April 19th and April 20th - as the blocks continue to build, we’ll have a better idea of the exact da ..read more
The BitPay Blog
1w ago
Get ready to change the way you think about paying your credit card bills. BitPay Bill Pay turns your cryptocurrency portfolio into a supercharged spending tool. Enjoy the flexibility of using your credit card, paying off balances with crypto, AND still getting all of the perks and rewards.
Pay off any credit card bill
BitPay offers a seamless way to pay practically any credit card bill with ease—all major credit balances are supported. Yep, even the ones that earn you massive rewards and perks.
Use your preferred cryptocurrency
Make payments with BTC, ETH, DOGE, LTC, MATIC, USDC, and dozens ..read more
The BitPay Blog
1w ago
Bitcoin, initiated in 2009 by an entity known as Satoshi Nakamoto, is a digital currency that operates independently of traditional banking systems and governments, utilizing a decentralized network for transactions.
Distinctive for its finite supply limit of 21 million coins, Bitcoin's existence hinges on a process called mining. This procedure not only generates new Bitcoins but also fortifies the network's security and transaction integrity.
Bitcoin has garnered attention for facilitating swift global transactions without the need for intermediaries, such as banks, making it a favored opt ..read more
The BitPay Blog
3w ago
As the last days of winter melt away, springtime brings with it a refreshing sense of renewal and rejuvenation. Now is the perfect time to breathe new life into every aspect of our lives.
Whether it's time to renew your wardrobe, pick up a new home project, spruce up your office, or anything else that's in need of a tune-up, we’ve got you covered with crypto-funded gift cards that can refresh your routine. BitPay's curated selection of gift cards ensure you step into spring with vibrancy and style.
Curated crypto-funded gift cards for April spring refresh
From home projects to wardrobe ..read more
The BitPay Blog
3w ago
The Important Bits
The crypto ecosystem, now featuring tens of thousands of cryptocurrencies and over 1,000 blockchains, presents a challenge in asset management due to the lack of cross-compatibility among different blockchain networks.
Multi-chain wallets offer a solution by allowing users to manage their cryptocurrency assets across multiple blockchains through a single interface, enhancing convenience, security, and access to a wider range of DeFi applications.
BitPay's multi-chain wallet simplifies the process of buying, storing, swapping, and spending cryptocurrencies across various bl ..read more
The BitPay Blog
3w ago
The Important Bits
- BitPay has added support for Verse (VERSE) payments
- Payments can be made directly from a wide variety of supported wallets
- Spend from your wallet, Pay bills, buy gift cards, and more with VERSE
BitPay now supports payments with Verse (VERSE)
As part of enhancements to the BitPay payment experience, BitPay now supports payments made with Verse (VERSE). Now, customers can use VERSE to pay for goods and services via BitPay. Additionally, the BitPay Wallet app has been updated to include features for VERSE, allowing users to purchase, store, exchange, and use VERSE tokens ..read more