Welcome to the newest challenge of the Cryptie. Because the neighborhood settles into post-halving normals, we have seen a lot of motion internationally of crypto. This challenge is filled with the newest updates from the cryptocurrency business, new retailers, giveaways, and the newest updates from BitPay.
Let’s dive into this month’s highlights.
In This Difficulty:
BitPay within the Information
Take a look at the newest information from BitPay this month:
Trade Information
Learn information from throughout the blockchain business:
- Wisconsin’s state pension fund has made a major funding in Bitcoin, highlighting the rising acceptance of cryptocurrency by public establishments. WPR
- Bitcoin’s worth has surged to $70,206, reflecting a renewed curiosity and bullish sentiment within the cryptocurrency market. Reuters
- The race to seek out uncommon Bitcoin is intensifying as the entire provide nears its most cap, creating urgency and pleasure amongst miners. Wired
- Former President Trump’s marketing campaign is more and more counting on cryptocurrency donations, elevating questions on regulatory oversight. AP Information
- Congressional Democrats are pushing for extra stringent crypto rules, aiming to curb dangers and improve shopper protections. Politico
- The Home of Representatives has handed a brand new invoice aimed toward regulating the cryptocurrency market, signaling a major shift in legislative priorities. Yahoo Finance
- Cryptocurrencies, together with Ether, are seeing elevated investor optimism, significantly with the appearance of recent Ether ETFs. Reuters
- Ethereum’s value has rallied above $3,100 following an sudden regulatory win, boosting confidence amongst buyers. Cointelegraph
- Botanix Labs has raised $85 million from Polychain Capital and others to develop Bitcoin Layer 2 options, indicating robust funding curiosity in scaling Bitcoin. CoinDesk
- Ethereum transaction charges have hit a file low as Layer 2 networks take in extra exercise, enhancing the community’s effectivity and decreasing prices. CryptoSlate
Father’s Day Giveaway: Enter to win $250 value of crypto-powered present playing cards
To assist have a good time Father’s Day, we’re giving freely $250 in digital present playing cards to 10 (10) fortunate winners!
Whether or not he is a sports activities fan, an out of doors fanatic, or a fashion-forward dad, we have the right present choices from prime retailers like Buffalo Wild Wings, Columbia, and Bass Professional Outlets Act quick! This giveaway ends 6/16.
This sweepstakes is open to the USA solely. Remember to finish each motion to unlock bonus entries.
→ Enter the present card giveaway sweepstakes
Featured Crypto-powered Present Playing cards for Graduates
![](https://bitpay.com/blog/content/images/2024/05/gift-cards-for-graduation-bitpay.jpg)
Have a good time your graduates with the last word present choices tailor-made to their pursuits with our curated number of cryptocurrency-powered present playing cards.
Saks Fifth Avenue
![](https://bitpay.com/blog/content/images/2024/05/Saks.png)
Deal with your graduates to a buying spree at Saks Fifth Avenue, good for serving to them begin their new chapter in type with high-quality style and equipment.
GameStop
![](https://bitpay.com/blog/content/images/2024/05/GameStop.png)
Reward the players in your life with a GameStop present card, permitting them to indulge of their favourite video video games, consoles, and equipment.
American Eagle
![](https://bitpay.com/blog/content/images/2024/05/American-Eagle.png)
Assist your graduates refresh their wardrobe with an American Eagle present card, providing fashionable and comfy clothes choices for his or her subsequent huge journey.
→ Discover present playing cards
Service provider Highlight: Proper of the Dot
Seeking to purchase a few of the most beneficial domains and Web3 digital belongings? RightOfTheDot, a frontrunner in premium on-line asset auctions, is internet hosting an unique public sale that includes top-tier domains similar to Actors.com, Canine.com, Fish.com, Saints.com, and over 500 extra.
We’re excited to announce that RightOfTheDot will settle for cryptocurrency funds for this public sale. Now you can bid on and buy these premium domains utilizing your most well-liked cryptocurrency.
Public sale Particulars:
- Pre-Bidding: Begins now at Bid.ROTD.com
- Reside Public sale: June 6, 2024, beginning at 3:00 PM CT
- Venue: Omni Lodge, Downtown Austin, Texas, because the signature occasion of NamesCon World
- Participation: On-line at Bid.ROTD.com or in-person on the venue. NamesCon registration is required for in-person participation. www.namescon.com
Along with traditional Web2 domains, this public sale will characteristic a number of Web3 names, offering a novel alternative to safe cutting-edge digital belongings.
To take part on-line, join at Bid.ROTD.com and begin inserting your bids. With BitPay, you’ll be able to conveniently pay utilizing Bitcoin, Ethereum, and different well-liked cryptocurrencies. Improve your digital portfolio with a few of the greatest domains within the business.
Do not miss this opportunity to safe worthwhile on-line belongings whereas leveraging the advantages of cryptocurrency transactions.
→ Go to the public sale web page
Download The 2024 BitPay Spending Report
![](https://bitpay.com/blog/content/images/2024/05/2024-bitpay-spending-report-preview.jpg)
Do you know that in Q1 2024, cryptocurrency funds grew 20%? BitPay’s newest spending report showcases how funds developed by business, coin, chain, area, plus different fascinating spending traits.
→ Obtain The 2024 BiPay Spending Report 100% Free!
Product Focus: Pay Payments with No Charges
![](https://bitpay.com/blog/content/images/2024/04/bill-pay-no-fees-bitpay.jpg)
Depart conventional invoice funds prior to now. Now by way of June thirtieth, use Invoice Pay with zero charges. Repay virtually any invoice with 100+ cryptocurrencies, together with BTC, LTC, ETH, DOGE, and a whole bunch extra.
- Bank cards
- Pupil loans
- Mortgages
- Utilities
- Automotive Funds
→ Get the app or join at BitPay.com to get began
New Retailers: MonoVM & 1Gbits
MonoVM
MonoVM, a number one webhosting supplier, provides a variety of companies together with VPS internet hosting, shared internet hosting, devoted servers, and area registration. Identified for its dependable and reasonably priced options, MonoVM ensures optimum efficiency with knowledge facilities in over 15 international locations. Now, in partnership with BitPay, MonoVM accepts cryptocurrency funds, permitting prospects to conveniently pay for companies utilizing Bitcoin, Ethereum, and different well-liked cryptocurrencies
1Gbits
![1Gbits](https://1gbits.com/build/assets/1gbits-logo-205a7857.webp)
1Gbits, a number one supplier of devoted servers and VPS internet hosting options, provides high-performance servers with strong safety features and world service protection. Identified for its superior enterprise-grade {hardware} and distinctive buyer help, 1Gbits ensures optimum web site efficiency and reliability. Now, in partnership with BitPay, 1Gbits accepts cryptocurrency funds, permitting prospects to pay for his or her internet hosting companies utilizing Bitcoin and different well-liked cryptocurrencies
Inquiries to Ask Your Fee Processor
Don’t danger partnering with the unsuitable crypto funds supplier. Arm your self with the fitting inquiries to ask when vetting potential companions.
Query #04: What number of transactions does the corporate course of every year?
![](https://bitpay.com/blog/content/images/2024/05/questions-to-ask-payment-providers-04-bipay.jpg)
Learn the overview right here or obtain our expanded information of questions to assist spot a dependable and reliable crypto companion.
Bitcoin Halving Replace: Halving full
Cryptoworld was abuzz for months in regards to the impending arrival of the fourth Bitcoin halving, which lastly occurred on April nineteenth. This implies the reward paid to Bitcoin miners has dropped from 6.25 BTC to three.125 per new transaction block. Crypto fans have been watching to see what the impression will probably be of this uncommon and historic occasion, not simply on the worth of Bitcoin, however your entire market. Crypto-friendly retailers are additionally watching carefully, wanting to be taught what impact the halving may have on their enterprise.
Phrase of the Month: Altcoins
Bitcoin tends to monopolize the dialog round cryptocurrency, which is smart given its standing as probably the most well-known and worthwhile crypto available in the market. However there’s a world of alternative on the market in tokens and cash apart from Bitcoin, collectively often called altcoins. From portfolio diversification to exploring new communities, altcoins have a spot amongst each crypto consumer’s belongings.
→ Learn extra in regards to the origins of altcoins and the way they’re used
Developer Information
WooCommerce Plugin Updates
We’ve launched model 5.4.0, and 5.5.0 that add help for WordPress 6.5.2. Highlights embrace:
- Supporting WordPress as much as model 6.5.2
- Added choice to map the BitPay paid bill standing
- Added standing checks to WooCommerce
- Clear cart after Bill creation to mitigate customers going again to the cart and by chance making a second bill
- Mounted mismatch with accomplished standing
- Mounted a difficulty with settings error on clear set up
SDK Releases
We’ve launched a patch model of our SDKs that resolves a difficulty with satoshisPerByte
:
- Java SDK v10.0.2
- Node.js SDK v5.0.2
- PHP SDK v9.0.2
- Python SDK v6.0.2
Service provider Shoutouts
Take a look at this month’s service provider shoutouts:
- Store APMEX’s silver and gold well-liked classes, together with popular culture collectibles. Store now!
- OneGold offers you direct possession of vaulted gold, silver, and platinum at an ultra-low value. Begin your free account at this time.
- Purchase a site identify with Namecheap at this time!
- Prepared to begin accepting crypto together with your Shopify enterprise? Get began at this time with the BitPay app!
- Immediately deploy high-performance cloud servers, cloud GPUs, naked metallic, and cloud storage worldwide with Vultr. New customers obtain $100 to check their platform.
- Use BrandBucket to call your small business.
- Store US shops and have your gadgets reliably shipped again residence with Qwintry
Journey with Crypto
BitPay Journey is now open to all! In collaboration with Xeni, BitPay Journey permits crypto customers to pay for flights, inns, rental vehicles, and actions with their cryptocurrency. Get nice costs on your whole journey bookings and get the additional advantage of paying straight out of your cryptocurrency pockets.
→ Begin utilizing BitPay Journey
Not a present BitPay service provider?
Get in contact with a BitPay consultant at this time
Enhance your privacy on Ethereum with TornadoCash. Enjoy secure and confidential transactions without compromising on decentralization.