Experts estimate that ApeCoin’s market value would rise by 50%. They include five stablecoins that are pegged to the US dollar, Bitcoin Cash, Bitcoin, Ethereum, Wrapped Bitcoin, Litecoin, Shiba Inu, and Dogecoin.Īs a result of this news, the price of the latest Bored Ape Yacht Club NFT collection has risen.ĪpeCoin is currently trading above a crucial support level despite the cryptocurrency market’s developing sour mood. Prior to ApeCoin, 111 North American Gucci locations accepted 12 different cryptocurrencies as payment options. It gave users the option to customise their NFT profile images or PFP costumes using 11 of the most well-liked NFT projects at the time. In March 2022, it unveiled its own line, 10KTF: Gucci Grail Mint Pass. The fashion house created an NFT film for its Aria clothing line, which was auctioned off at Christie’s Proof of Sovereignty event in 2021 for $25,000. Gucci has previously entered the Web3 market. The first person to purchase Gucci goods using ETH at the brand’s Wooster Street location in New York City, according to Twitter user and ApeCoin user who also claims to be the first APE user. We gave them what they requested.”ĪpeCoin further added to the frenzy after Gucci made its announcement by tweeting, “Excited to announce that will become the first big brand to allow customers to pay for items in-store using ApeCoin, via cryptocurrency activities appear to have received great approval thus far from the BAYC community. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule, if any.The CEO of BitPay, Stephen Pair, stated in a statement, “Because our luxury merchant partners’ clients requested it, we introduced ApeCoin and Euro Coin. "Metropolitan" and "Metropolitan Commercial Bank" are registered trademarks of Metropolitan Commercial Bank © 2014. The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank, member FDIC, pursuant to a license from Visa, U.S.A. The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth. Its suite of products enables businesses to send and receive cross border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa® Card. DISH Network Corporation (NASDAQ: DISH) is a Fortune 250 company.įor more information on DISH TV products and services, visit For company information, visit Subscribe to DISH email alerts: Follow on Twitter: Ībout BitPay Founded in 2011, BitPay is the pioneer and the most experienced company in bitcoin and blockchain payments. In addition to its TV services, DISH has commenced buildout of a national narrowband "Internet of Things" network to provide innovative connectivity solutions and applications through its strategic spectrum portfolio. DISH operates a national in-home installation workforce, as well as an advertising sales group delivering targeted advertising solutions on DISH TV and Sling TV. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming Sling TV services. Since 1980, it has served as the disruptive force in pay-TV, driving innovation and value on behalf of consumers. "Cryptocurrency is an increasingly popular way for consumers to make purchases online as it reduces credit card fraud and is cheaper for the merchants."Ībout DISH DISH Network Corporation is a connectivity company. "Our goal for DISH Network is a seamless transition to BitPay so all customers who are currently paying for services with Bitcoin continue to have the option to pay with Bitcoin or Bitcoin Cash," said Sonny Singh, Chief Commercial Officer with BitPay. dollars at the moment of the transaction without cryptocurrency volatility risk. As a push transaction, a DISH customer sends the exact amount of Bitcoin or Bitcoin Cash needed to make one-time payments on or DISH's Hopper DVR. "We have a steady volume of customers paying with cryptocurrency each month, and BitPay will allow us to continue offering more choice and convenience to our customers."ĭISH is migrating from its former payment processor to BitPay.ĭISH customers can use Bitcoin and Bitcoin Cash to pay for monthly subscriptions, as well as pay-per-view movies and events. "We've added Bitcoin Cash just as we chose to accept Bitcoin to serve customers who have adopted a new way of doing business," said John Swieringa, DISH executive vice president and chief operating officer.
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