Tagbitpay

Facebook, AT&T, Even JPMorgan are Helping Meteoric Bitcoin Price Rally: BitPay Exec

bitcoin, bitcoin price

By CCN: BitPay’s chief commercial officer Sonny Singh has predicted that the price of Bitcoin is yet to hit a peak. Speaking on Bloomberg TV, Singh argued that institutional adoption of cryptocurrencies was still at a low level and there was, therefore, more upside potential. Citing the case of Facebook’s yet-to-be-launched cryptocurrency as well as Square’s and Fidelity expected crypto-related...

Telecom Giant AT&T Gains First-Mover Status by Accepting Crypto

AT&T, bitcoin

By CCN: AT&T announced today that it is accepting crypto payments through Bitpay, which supports a number of major cryptocurrencies. A short press release notes that the integration is complete and users can make payments with Bitpay via the AT&T website or through the mobile app. AT&T is the First Mobile Carrier to Accept Payment in Cryptocurrency: Customers Can Now Use BitPay to Pay...

U.S. Taxpayers Can Receive Federal or State Tax Refunds in Bitcoin

By CCN.com: U.S. taxpayers can receive all or part of their federal and state tax refunds in bitcoin. This is being made possible through a collaboration between blockchain payments processor BitPay and Refundo, a provider of tax-related financial products. In a statement, Refundo says its CoinRT product is especially useful for low-income communities that don't have checking accounts and often...

Twitch Ditches Bitcoin; Crypto Remains a Terrible Payment Method

Twitch, Bitcoin

When Satoshi Nakamoto wrote the historic bitcoin whitepaper, the elusive creator called bitcoin a peer-to-peer electronic cash system. But ten years later, bitcoin is still a terrible way to pay for things. Streaming platform Twitch just proved the point by quietly removing its bitcoin and bitcoin cash payment options. The Amazon-owned streaming platform offered no reasons for the move, but we...

Crypto Payments Firm CEO: Hacks, Scams, and Volatility Discourage Mass Adoption

AtomicPay’s CEO believes that scams and volatility are the primary things holding back public mass adoption of cryptocurrencies. The Thailand-based company is a non-custodial crypto payment processor. They are one of the few crypto payment processors that facilitates payments for multiple cryptos without holding merchant funds in escrow and charging a fee before releasing funds. AtomicPay charges...

Bitpay Executive: $20,000 Bitcoin Price in 2017 was an 'Anomaly'

bitcoin price

Bitpay CCO Sonny Singh has stated that the $20,000 bitcoin price at the back-end of 2017 and the price fluctuations throughout 2018 were a bit of “an anomaly”. He also agrees that bitcoin demand and usage were at a low last year and although crypto volatility has been a continuing trend into the new year, prices could still steadily rise over the course of 2019. Singh made the statements when...

Bitpay CEO Stephen Pair Believes Mass Crypto Adoption is 5 Years Away

Bitpay CEO Stephan Pair has gone on record to say that he believes that mass crypto adoption is only 3 to 5 years away. He talked about the possibility of wider adoption when recently chatting to the American news network CNBC. One year ago when Bitcoin prices scaled the heights of $20,000, crypto adoption seemed to be even closer than ever before and only a matter of time. However, calmer heads...

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