As always, this month's Cryptie is bringing you the most up-to-date news and BitPay happenings, including exciting new businesses accepting crypto, a new product integration and updates about the crypto winter. Don’t forget to check out this month's spotlights!
In This Issue:
BitPay in the Spotlight
Check out the latest news from BitPay this month. We're launching some exciting new merchants and coins, so read more:
- Watch BitPay CEO Stephen Pair's latest interview on how stablecoins have doubled in 2022.
- Hear from BitPay's Head of Implementation, Shaan Katyal, on the right questions to ask when big and small merchants decide to accept crypto.
- Bitcoin still dominates even in the crypto winter. Hear what BitPay's VP of Marketing, Merrick Theobald, has to say.
- Check out CNBC's article about why the crypto winter isn't scaring away investors.
- Read the latest from PYMNTS.com on why the interest in buying crypto isn't slowing down in the crypto winter.
- Learn more about how consumers can shop with eBay through the BitPay Card from U.Today.
- New to crypto? Get up to speed with crypto Reader's Digest breakdown of crypto and who accepts it.
- Gr4vy, a cloud-native payments company, has announced that they accept crypto through BitPay.
Other Industry News
Check out the latest in the crypto world:
- While we are in the third crypto winter, Nasdaq is joining the crypto world. Check out what they are doing.
- Starbucks' new experience, Odessey, allows members to buy and earn NFTs that will "unlock new, immersive coffee experiences" and will be powered by Web3 technology.
- The Ethereum Merge is complete! The transition from Proof-of-Work to Proof-of-Stake took about 15 minutes. This is the first step in the process. Check out what is next.
BitPay Bids Welcome to New Businesses
Welcome to BitPay and the crypto world! Here is a curated list of new merchants accepting crypto:
- Lamborghini of Austin - Lamborghini dealership in Austin, TX
- BigCommerce - most trusted commerce solution
- Pearson Ford - New and used car dealership based in Zionsville, IN
Search the BitPay Merchant Directory for even more merchants accepting crypto!
Merchant Spotlight: Vegas Auto Gallery
This month's merchant spotlight is Vegas Auto Gallery. Use your crypto to service or buy new and pre-owned luxury and exotic vehicles in the Las Vegas area in their two locations. Nick Dossa and Ed Ghabens, two car enthusiasts with over 30 years of experience with luxury vehicles, created Vegas Auto Gallery to fill the void of options for luxury vehicles. Now with two locations in the Las Vegas area, they service customers nationwide and locally with a dedication to providing world-class service.
Charitable Spotlight: San Francisco General Hospital
San Francisco General Hospital has served San Francisco and surrounding counties for over 150 years. Its mission is to support and fund world-class patient care and innovation. They "believe in equity, access, and quality health care for all." The general hospital is the only Level 1 trauma center in the area.
Merchant Shout Out: Best Buy Gift Cards
Now shoppers can use their crypto to buy electronics with a Best Buy Gift Card. So whether you're looking to level up your game room, create the perfect outdoor living space or simply gift someone the latest and greatest, you can be confident that Best Buy has the products and services for your everyday needs. The gift cards are available for purchase through the BitPay Merchant Directory.
Word of the Month: Crypto Winter
If you've been following the news, you know that we have entered the third Crypto Winter. This is a period when crypto prices fall to a steep low, also known as a bear market in the traditional stock market. Major players in the finance world, including Nasdaq, Charles Schwab, and more, are investing in opportunities to join the crypto world, even with the down market.
When you look at the previous two Crypto Winters, long-term investors know this could take months, even years, to come back, but it will come back. Crypto is a volatile industry and also cyclical. Crypto winters are typically known to weed out short-term investors.
Product Spotlight: BigCommerce
BigCommerce, the most trusted ecommerce platform, now empowers its merchants to accept crypto payments through BitPay. As a result, their merchants can now tap into new customers that prefer to pay with crypto and grow their business by simply accepting crypto at checkout. Learn more about the process of accepting crypto. through BigCommerce.
Marketing Spotlight: Jacob & Co's Astronomia Solar Bitcoin
The Astronomia Solar Bitcoin, Jacob & Co's limited edition watch, is a "highly symbolic tribute to the world of cryptocurrencies and its pioneering and leading example, Bitcoin." The watch piece is limited to only 25 and is a tribute to the cryptocurrency world and bitcoin. Every detail on the watch, from the rotating Bitcoin currency logo to the black rocketship with a flaming reactor, tells the story of cryptocurrency and its journey to the moon.
Product Release: BitPay Stats Page
Want to learn more about the stats behind the blockchain revolution? Check out the new BitPay Stats Page. As the leading payment processor in the world, you'll see the transactions stats behind which cryptocurrency is most popular, top-performing wallets and more!
Pacaso Home of The Month: Bald Eagle
With a third-row beach walk location, this new construction home is about approachable elegance, starting with the custom curved staircase, classic columns and shiplap walls in the entryway. The house, which has a 4-stop elevator, comes fully furnished and professionally decorated.
Cost: $734,000 for 1/8 ownership
Address: 8 Bald Eagle Rd Hilton Head Island, SC
Don't put your second home dreams on hold for another minute. With Pacaso's modern and professionally managed co-ownership model, you can own a second home for less cost and hassle. This is true real estate property ownership, not a resort timeshare.
Condos.com Condo of The Month: E11EVEN® Residences Beyond
E11EVEN® Partners and Property Markets Group have launched E11EVEN® Residences Beyond, a second fully furnished 461-unit luxury condo tower of the E11EVEN® Hotel & Residences located in Miami’s centrally-located Park West District.
Designed by architecture firm Sieger Suarez Architects and the visionaries at AvroKo, residents of the 65-storey tower can expect an unparalleled lineup of statement amenities. From the 20,000-square-foot, multi-level E11EVEN® Day Club and Pool with curated events to a casino-style sports lounge and wellness guru Deepak Chopra’s world-renowned spa experiences, the amenities at E11EVEN® Hotel & Residences have been hand-picked to go beyond the expected. The latest “smart building” technology is also featured with a custom E11EVEN® app, linking residents to E11EVEN® Hotel and Residences concierge services.
Located in the heart of Miami’s exciting downtown, E11EVEN®Residences Beyond blends the vibrance of the surrounding metropolis offerings Miami’s top attractions, including FTX Arena, Perez Art Museum, Frost Science Museum, HistoryMiami Museum, Bayside Marketplace and Bayfront Park. As a major transit connectivity hub, a quick hop on the Metromover provides easy access to the Miami Airport, Port of Miami, Marina, or even the Brightline railway to many of South Florida’s highlight destinations. Along with close proximity to Miami’s famed museum districts and the Brickell City Centre shops, a world of art, nightlife, and culture are nearby in the Wynwood district.
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Address: 90 NE 11TH ST MIAMI, FL 33132