Blog – BitcoinPeople

Bitcoin ATMs Now In The Thousands Around the World

Coinatmradar.com reports a milestone of the 3,500 threshold being crossed for bitcoin ATMs (BATM) installed across the globe. One of the goals behind bitcoin automated teller machines is ease of onboarding to the world of crypto. A bear market – a protracted Crypto Winter – appeared to slow BATMs’ placement. And for sure it just might have, but numbers remain relatively strong considering, with the greater worry among BATM operators being US federal regulations preventing innovation. 3,500 Bitcoin ATMs Installed Around the World Coinatmradar.com announced this week a psychological milestone for the ecosystem had been reached: more than 3,500 bitcoin ATM machines are now installed all over the world. Not so long ago, BATMs were thought to a perfect onboarding tool, and especially in the United States. Americans are already trained on the basic tech, having had decades of automated ways to snag cash. That such machines could be placed where consumers are, rather than t…

Some Merchants Are Doing $10 Million a Month in Bitcoin Payments

“Bitcoin is actually working,” says Sonny Singh, BitPay’s COO, in an interview with a China based crypto media. He said BitPay processed $1.2 billion worth of bitcoin payments last year. This year, “we do a transaction at BitPay every 10 seconds in the world,” he says. “There are so many people spending bitcoin,” Singh said, before revealing that some of their merchants “are doing between 1 million and 10 million dollars a month.” The last known number of BitPay merchants is 100,000, including Microsoft, Newegg, TiggerDirect and others. Some merchants however do not want to be named. In the context of regulations, which he says BitPay welcomes, Singh said: “We still have a lot of customers that use our product, but they are afraid to announce it to the public, they think it might get them into trouble for some reasons.” Interestingly Asia, and China in particular, is a big market for BitPay. In US people trust the dollar, he said, and they don’t use wallets like …

Kim Kardashian West Goes all in with Bitcoin

Kim Kardashian West, the reality television starlet with 114 million followers on Instagram, staked what appeared to be physical Bitcoin (BTC) chips on a charity poker night out in LA yesterday, July 29. Kardashian West, sisters Khloé Kardashian and Kendall Jenner, and mom Kris Jenner hosted a table at yesterday’s inaugural "If Only" Texas Hold’em Charity Poker in Los Angeles to raise funds for City of Hope, a nonprofit clinical research and treatment center for cancer. Amidst her Instagram Stories’ videos of betting with poker chips, the star posted a picture in which she bet with what appeared to be physical Bitcoin chips, accompanied by the jubilant byline “We moved onto bitcoin!” The idea of representing Bitcoin with a physical commodity has been around for several years — whether by minting gold coins or bespoke printed banknotes. One of the physical cryptos on Kim’s Instagram appears to closely resemble a Kialara-designed Bitcoin, which crypto entrepreneur Ma…

Win a free ‘Promotional Listing’ worth $33

To celebrate the upcoming Summer holidays we’re giving one lucky business owner the chance to win a 30 Day ‘Promotional Listing’ worth $33! All you have to do is list or claim your business listing this summer to be in for a chance to win*. What is a ‘Promotional Listing’? A Promotional Listing is featured on the homepage & throughout the site. It’s will also be featured daily via our social media accounts & popular forums including BitcoinTalk. This will help get you noticed and hopefully lead to extra customers in your store. All Promotional Listings last for 1 month for only £25 (approx. $33). *New customers only - Competition starts from Friday 20th July and closes on Sunday 23rd September at 11pm (GMT). Winner will be selected at random on Monday 24th September 2018. Winners Promotional Listing period will run from September 25th for 30 days.

Altcoin Prices are Struggling to Keep up with Bitcoin

Bitcoin has many cryptocurrency traders feeling bullish after making a strong move to reclaim a position above $7,000. Many altcoins, however, have failed to keep up. ETHEREUM Starting from the top, the first altcoin which has failed to keep pace with Bitcoin price $7461.5 -0.06% is Ethereum (ETH), the second-ranked cryptocurrency by market capitalization and leading operating system featuring smart contract functionality. At the time of this writing, Ethereum $464.868 -0.13% is down 10.90 percent against Bitcoin over the last week. Those looking to buy low may be enticed by ETH/BTC reaching oversold levels on the daily relative-strength index (RSI). Ether is also well below its 200-day moving average, though may have more room to fall before finding any level of support against bitcoin. RIPPLE Ripple (XRP) $0.45923 -0.08% has also been getting slaughtered against Bitcoin. The bank-friendly cryptocurrency — which many believe isn’t a cryptocurrency at all — is …

Definitive list of Popular Bitcoin Payment Gateways

If your thinking of adding Bitcoin & other Cryptocurrency payments to your store, or maybe your not happy with the one you're already using. We've put together a definitive list of popular Bitcoin Payment Gateways to help you find the best one for your business. Merchants who are running an online business on WordPress or Shopify or anything similar online platform can now start accepting Bitcoin. But Bitcoin is not only limited to online businesses, offline business should also start accepting Bitcoin as payment. To do this, you will need to know about Bitcoin payment gateways. So we've put together a definitive list of popular bitcoin payment gateways. Please note the list below is in no particular order. BitPay is a leading Bitcoin payment processor based out of the US since the early days of Bitcoin in 2011. With the BitPay app, you can accept Bitcoin as payment for more than 40 integrations with popular e-commerce platforms and point-of-sale systems a…

Russia Allows Hotels to Accept Bitcoin and Cryptocurrency Payments for FIFA World Cup 2018

One of the most important football events, the FIFA World Cup, will bring Bitcoin and cryptocurrencies closer to people. Due to the diplomatic problems that Russia and western countries have, the Russian government is trying to attract as many tourists as possible. That’s why, the city of Kaliningrad, one of the host cities to the World Cup, will allow hotels in the city to accept cryptocurrency payments. The FIFA World Cup is an event that gathers lot of attention from the media and people all over the world. It is for sure that Kaliningrad accepting cryptocurrencies will be one of the topics that will be discussed by the media and individuals. Kaliningrad will host different football matches and teams. Among the countries that will play in this city we find Belgium, Croatia, Morocco, Nigeria, Serbia, Switzerland, Spain and England. The most important hotels in the city (and others not so known), have partnered with companies that specialize in payment processes and c…

Cryptocurrency Games Have Invaded the Most Popular App Stores

Bitcoin and the vast array of cryptocurrencies within the digital asset economy have become extremely popular these days, and one reflection of this metric is how many games can be found trending on the most popular app stores. There are many games available that allow gamers to create their own virtual mining farms, simulate trading cryptocurrencies, and games that even reward people in Bitcoin. Cryptocurrency Games: Your Chance to Be a Virtual Mining Tycoon and Bitcoin Billionaire Have you ever wanted to try testing your luck in the cryptocurrency markets, but don’t want to lose real money? Or maybe you’ve contemplated creating a mining empire, but only have enough coin in the bank for a couple measly machines. Well, now people with some imagination and a love for games can find a wide array of gaming apps at Apple’s App Store and Google Play. Not too long ago, there were only one or two cryptocurrency related games like Bitcoin Millionaire on the app stores, bu…

Walmart Awarded Patent for Crypto-Powered Energy Consumption Management System

U.S. retail giant Walmart has won a patent for the development of an electrical grid that will be powered by Bitcoin (BTC) or other digital currency, according to a patent application published June 14 by the U.S. Patent and Trademark Office (USPTO). The system is designed to help companies better manage energy consumption and regulate demand on an electrical grid using a publicly distributed transactions ledger. Walmart initially filed the patent in December 2017. The patent says that both households and large organizations can use a blockchain-based network of energy-consuming devices. Subsequently, they can assign each device a specific amount of Bitcoin or any other accepted cryptocurrency, which can be used to purchase energy from a utility vendor. The document further explains: “Each unit cryptocurrency may represent a unit or a portion of a unit of energy. For example, if 1 cryptocurrency unit is set to be equivalent to 1 kWh, the provider interface module 131 may…

Brisbane becomes World’s first Crypto-Friendly Airport

Brisbane becomes world’s first crypto-friendly airport, over 30 stores accepting Bitcoin! Visitors to Brisbane Airport can now pay for goods using cryptocurrency, as a new service was formally rolled out over the weekend… A new collaboration between Brisbane Airport and TravelByBit came into force over the weekend. The upshot of it? You can now use cryptocurrencies at over 30 retail stories on the Brisbane Airport complex, with more on the way. A multitude of currencies are being accepted, and the formal rollout follows testing and trials over the past couple of weeks. Now, visitors to the airport can use special payment systems to quickly and easily pay for goods whilst on their travels. Here’s a video released by TravelByBit that demonstrates how the payment system works… Stores in Brisbane Airport have started displaying signs confirming that they accept crypto. Thus, even if travellers don’t use it as of yet, they’ll be aware that Brisbane Airport is cryp…