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JUST IN: BitPay to Offer Ethereum as Payment Option Along with Bitcoin and Bitcoin Cash 

  • Alex Dovbnya
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    BitPay has announced that it’s going live with Ethereum payments in the coming weeks  

JUST IN: BitPay to Offer Ethereum as Payment Option Along with Bitcoin and Bitcoin Cash 
Cover image via 123rf.com

According to a press release that was shared with U.Today, cryptocurrency payment provider BitPay has announced Monday that its customers will soon be able to accept Ethereum, the second largest cryptocurrency by market capitalization.

Ethereum will also become available for the users of the BitPay wallet and the company’s debit card, which currently only supports Bitcoin and Bitcoin Cash (along with a basket of stablecoins).

While commenting on the new addition, BitPay CEO Stephen Pair states that Ethereum was “the next logical choice” for them given that the top altcoin is already used by thousands of other companies.

BitPay is consistently at the forefront of using cryptocurrency to solve real-world problems and offer our global customers the best options to accept and pay with multiple blockchain assets.”

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Ethereum creator Vitalik Buterin shared Pair’s excitement, claiming that that the integration of ETH into the global payment system opens up “a new world of possibilities” for the coin’s ecosystem.

This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real world use cases for cryptocurrencies."

BitPay, which was founded back in 2011, became a trailblazer in the realm of cryptocurrency payments. As of now, the company boasts such huge clients as Microsoft and Newegg.

However, the company was recently under fire for suspending Bitcoin donations to Hong Kong Free Press.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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