BitPay’s Bitcoin Transactions Reach an All-Time High
BitPay’s monthly bitcoin transactions have reached a new record, surpassing 200,000 for the month of December, up from around 180,000 in the previous month, according to data shared with CCN by James Walpole, BitPay’s Marketing & Communications Manager. BitPay’s transaction volumes have more than doubled in 2016, continuing a seemingly exponential trend as bitcoin’s adoption increases all over the world, especially in areas where current traditional payment methods fall far short as BitPay explained in a press release last year: “Bitcoin payments are highly efficient in the areas where....
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Original Bitcoin Magazine article; article has been removed. Late last night, Bitcoin Magazine published an article about Central Texas Gun Works (CTGW) being “dropped” by their Bitcoin Payment Processor: BitPay. In response, and due to CTGW owner Michael Cargill‘s commitment to Bitcoin, CTGW has promptly switched to CoinVoice‘s Bitcoin invoicing services to provide guns and gun services in exchange for Bitcoin. Bitcoin Magazine originally reported that it was unclear whether or not BitPay’s ToS was changed before or after Central Texas Gun Works signed on with BitPay. That is obviously....
Crypto analyst Vincent has given reasons why the XRP price could rally to as high as $10,000 at some point. This comes amid the recent XRP rally, with the crypto now targeting its current all-time high (ATH) of $3.8. Why The XRP Price Can Reach $10,000 In an X post, Vincent revealed that he had consulted with ChatGPT, and the AI chatbot had told him that the XRP price could easily reach $10,000 per coin. XRP’s market cap is one reason that has been used as an argument as to why the crypto can’t achieve such a price level. The analyst stated that ChatGPT also invalidated the market cap....
Bitcoin price has been consolidating in an ever-tightening range between its current all-time high around $42,000 and a low of nearly $28,000. But could a new all-time high be only days away? The CEO of a capital management firm believes so, and has shared chart demonstrating a clear technical breakout in the top cryptocurrency by market cap. Here’s a closer look at the current price action and potential upside targets. Bitcoin To Reach New All-Time […]
In the world of payment processing the biggest name in the Bitcoin game is almost undoubtedly Bitpay. Fresh off the opening of their expansive Amsterdam office to round out their San Franciso and New York Offices they’ve certainly got the look and the resources to get a firm hold of their target sector. Further deepening that hold, Bitpay will soon be launching the IOS version of their app making it possible for merchants to sell their goods and services on the Bitpay network with little more than a iPhone or iPad. Mind you Android users have had their app for a while, the further....
As Bitcoin shows bearish signs, on-chain activity suggests Ethereum could be on the way to reach its all-time-high before BTC. Ethereum To Reach Its All-Time-High Price Earlier Than Bitcoin? As pointed out by CryptoQuant CEO Ki Young Ju in a post, indicators could suggest ETH will reach its ATH quicker than BTC in the long term. The exchange netflow is an indicator that depends on two metrics: the inflow and the outflow. The former is the total amount of the asset moving from personal wallets to exchanges. While the latter is just the opposite; it’s the total amount of Ethereum (or....