Tag Archives: BitPay

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. Among major new customers this past year, BitPay named Dish Networks, HackerOne, and the State of Ohio.… Read More »

BitPay Says It Processed Over $1 Billion in Crypto Payments Last Year

U.S.-based crypto payments processor BitPay says it processed over $1 billion-worth of transactions last year. Announcing the news on Wednesday, the firm said this is the second consecutive time it’s reached the billion-dollar mark in its over seven years of existence. “To process over a $1 billion for a second year in a row despite bitcoin’s large price drop… Read More »

Bitcoin (BTC) Boom Was An “Anomaly,” Yet Crypto Indicators Are Still Bullish

Bloomberg Journalist Bashes Bitcoin For Being Correlated Yesterday, Sonny Singh, the chief commercial officer of fintech startup Bitpay, sat down with Bloomberg Opinion’s Stephen Gandel and host Emily Chang to talk about the Bitcoin price. In a debate-esque style, Gandel and Singh bounced ideas off each other, with both ballyhooing their opinions on the leading crypto asset. Via… Read More »

‘I Made BitPay Obsolete,’ Says BTCPay Dev, Nicolas Dorier

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay. ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on this? How far have… Read More »

Bitpay Opens Multi-Cryptocurrency Settlement For Long Awaiting Merchants

One of the leading Bitcoin payment service provider, Bitpay has announced ‘multi-cryptocurrency settlement’ for Bitpay merchants. According to the official report, Bitpay merchants can now settle their payments in Bitcoin, Bitcoin Cash, and three stablecoins, namely FUSD, USDC, and PAX. A Note from the official announcement via Bitpay’s blog Now we’re happy to share a new improvement: merchants… Read More »

BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner

It’s no secret that 2018 has been a tough year for the crypto markets, with Bitcoin dropping from highs of nearly $20,000 in late-2017 to recently established lows of $3,200. The market’s poor performance has led investors, analysts, and traders alike to ponder what impetus will be able to drive the markets back to their all-time-high prices and… Read More »

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price is certainly speculation.… Read More »

Bitpay CEO: Bitcoin Price Built Off “Speculation”

Big Component Of Bitcoin Price Is “Speculation” Since the monumental run-up in the Bitcoin price during 2017, pundits have speculated that traders have ousted investors, creating an environment that has been rife with price speculation. In a recent interview with CNBC’s Squawk Box, Stephen Pair, CEO of the world-renowned crypto-friendly payment processor that is BitPay, confirmed this theory. Speaking… Read More »