As we dive into the heart of summer, the cryptocurrency world continues to thrive with exciting developments and insights. This issue brings you the latest news from BitPay, industry updates, and upcoming events that you won't want to miss. From our participation in the Litecoin Summit and Bitcoin Conference to groundbreaking industry reports and the launch of new financial products, we've got all the essential updates to keep you informed and engaged.
Dive in and stay ahead in the ever-evolving crypto landscape!
In This Issue:
BitPay in the Spotlight
Check out the latest news from BitPay this month:
- Senator Marsha Blackburn's campaign now accepts crypto donations, with BitPay facilitating these transactions to boost campaign fundraising efforts (CryptoNews).
- BitPay CMO, Bill Zielke, discusses how companies are leveraging Bitcoin for long-term treasury strategies to capitalize on its potential as a stable asset (Cointelegraph).
Industry News
Read news from across the blockchain industry:
- Chainalysis Reports on Cryptocurrency Money Laundering: New data reveals trends and strategies in combating crypto-related financial crimes (Chainalysis).
- Kraken Considers Public Listing: The crypto exchange is exploring the possibility of going public through a direct listing (Yahoo Finance).
- Spot Ether ETFs Expected to Launch: Industry sources indicate that spot Ether ETFs may begin trading by July 23 (Reuters).
- Biden Administration Engages with Crypto Traders: The administration considers the impact of cryptocurrency regulation during debates (Axios).
- Mt. Gox Bitcoin Returns: After a decade, Bitcoin from the Mt. Gox exchange is finally being returned to creditors (Wired).
- Donald Trump to Speak at Bitcoin 2024 Conference: The former president is set to address attendees at the upcoming event in Nashville (Bitcoin Magazine).
- Louisiana Defends Bitcoin Rights: The state passes a bill to protect Bitcoin and ban central bank digital currencies (Forbes).
- Bitcoin Surges on Trump Election Odds: Markets react to the increasing likelihood of a Trump victory in 2024 (CNBC).
- Trump Campaign Accepts Bitcoin Donations: The 2024 campaign incorporates Bitcoin and other cryptocurrencies for fundraising (WSJ).
- SEC Drops Ethereum Investigation: The SEC has concluded its investigation into Ethereum and ConsenSys (Blockworks).
BitPay at Litecoin Summit
July 24th - 25th | Nashville
We are thrilled to announce BitPay's participation in the upcoming Litecoin Summit 2024 in Nashville, Tennessee, on July 24-25. This premier event will bring together top innovators, thought leaders, and members of the Litecoin community for two days of engaging discussions and networking opportunities. Our VP of Marketing, Merrick Theobald, will be speaking on the impact of BitPay and Litecoin in the crypto ecosystem. Don't miss out on this exciting opportunity to connect with industry leaders and explore the latest in cryptocurrency advancements.
→ Get your pass to the Litecoin Summit
BitPay at Bitcoin 2024
July 25th - 27th | Nashville
We are excited to announce BitPay's presence at Bitcoin 2024, taking place from July 25-27 in Nashville, Tennessee, at the Music City Center. This event promises to be a milestone for the Bitcoin community, bringing together over 20,000 attendees, 400 sponsors, and 2,000 companies. Join us for an inspiring event filled with insightful talks, networking opportunities, and the chance to witness the next epoch of Bitcoin.
→ Get your pass to the Bitcoin Conference
Finnmont Partners with BitPay
BitPay has partnered with Finmont, enabling the fintech platform to incorporate cryptocurrency payment solutions into its services. This collaboration will enhance Finmont’s offerings by providing clients with seamless and secure crypto payment options, expanding the utility and reach of digital currencies in the financial sector.
Download The 2024 BitPay Spending Report
Did you know that in Q1 2024, cryptocurrency payments grew 20%? BitPay's latest spending report showcases how payments evolved by industry, coin, chain, region, as well asother interesting spending trends.
→ Download The 2024 BiPay Spending Report 100% Free!
Product Focus: Pay Bills with Crypto
Leave traditional bill payments in the past. Use Bill Pay to pay off practically any bill with 100+ cryptocurrencies, including BTC, LTC, ETH, DOGE, and hundreds more.
- Credit cards
- Student loans
- Mortgages
- Utilities
- Car Payments
→ Get the app or sign up at BitPay.com to get started
Questions to Ask Your Payment Processor
Don’t risk partnering with the wrong crypto payments provider. Arm yourself with the right questions to ask when vetting potential partners.
Question #16: Does your company have to take custody of crypto?
Read the overview here or download our expanded guide of questions to help spot a reliable and trustworthy crypto partner.
Word of the Month: Self-Custody
Self-custody in cryptocurrency means users have complete control over their private keys, and therefore, their digital assets, without relying on third parties. This approach enhances security and privacy, as only the owner has access to their funds. Self-custody wallets, such as the BitPay Wallet, offer features like backup options and secure transaction signing, empowering users to manage their crypto assets independently and securely.
→ Read more about the benefits of self-custodying your crypto
Travel with Crypto
BitPay Travel is now open to all! In collaboration with Xeni, BitPay Travel allows crypto users to pay for flights, hotels, rental cars, and activities with their cryptocurrency. Book your travel at great prices and pay straight from your cryptocurrency wallet.
Curated crypto-funded gift cards for summer travel
Make your vacation plans seamless with easy-to-use crypto gift cards for flights, hotels, and events.
Delta
Let your summer adventures take flight with the convenience of Delta gift cards.
Hotels.com
Enjoy luxurious stays at top destinations with Hotels.com gift cards, perfect for your summer vacations.
StubHub
Experience the best summer events and concerts with StubHub gift cards, making your season unforgettable.
Merchant Shoutouts
Check out this month's merchant shoutouts:
- Shop APMEX’s silver and gold popular categories, including pop culture collectibles. Shop now!
- OneGold gives you direct ownership of vaulted gold, silver, and platinum at an ultra-low cost. Start your free account today.
- Buy a domain name with Namecheap today!
- Ready to start accepting crypto with your Shopify business? Get started today with the BitPay app!
- Instantly deploy high-performance cloud servers, cloud GPUs, bare metal, and cloud storage worldwide with Vultr. New users receive $100 to test their platform.
- Use BrandBucket to name your business.
- Shop US stores and have your items reliably shipped back home with Qwintry
