Tag Archives: BitPay

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

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. Continue reading Bitpay Executive: $20,000 Bitcoin Price in 2017 was an ‘Anomaly’

BitPay Confirms Bitcoin Cash Retail Payments as Prices Jump

Cryptocurrency payment service provider BitPay has announced that it will allow brick-and-mortar businesses to use Bitcoin Cash for payments. Already available for Bitcoin, the new service will give customers the option to choose between paying in BTC or BCH. Continue reading BitPay Confirms Bitcoin Cash Retail Payments as Prices Jump

South Korea’s Largest Cryptocurrency Exchange Partners BitPay

Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international remittance payments. Sonny Singh of Bitpay, the chief commercial officer at BitPay, stated that the company is on track to process $4 billion worth of transactions in 2018, and the team is focused on allowing cryptocurrencies like bitcoin to be more accessible for casual users by assisting large-scale retailers to integrate cryptocurrencies as a payment method. Continue reading South Korea’s Largest Cryptocurrency Exchange Partners BitPay