Cryptocurrency

BitPay to Integrate Ethereum (ETH) for Payments Solutions, Vitalik Buterin Reacts

BitPay to Integrate Ethereum (ETH) for Payments Solutions, Vitalik Buterin Reacts

BitPay, one of the world’s leaders in blockchain payment technology accepting Bitcoin (BTC) and some other cryptocurrencies is on the verge to integrate Ethereum (ETH) on its platform. This was welcomed with excitement from Vitalik Buterin, Ethereum’s co-founder.

Listing of cryptocurrencies by exchanges or blockchain payment companies, especially the prominent ones, usually expose them to more users, which would directly leave positive impact on its liquidity. This makes the integration of crypto enthusiasts’ choice of digital assets by capital exchanges more welcoming. The founders of these projects also see it as a means to expand.

BitPay related the move to add Ethereum (ETH) on its platform via its Twitter handle. The upcoming addition of the digital currency seemingly excites the blockchain payment tech.

Prior to the update on twitter, according to Bitpay, Ethereum co-founder had earlier shared thus, “It is exciting to see BitPay leading the way in integrating Ethereum into global payment systems. 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.”

The above prompted BitPay to share the thought and excitement of the founder Vitalik Buterin about the upcoming integration of his co-created cryptocurrency.

To know the level of excitement of its teeming followers, the payment tech then asked them to express their thoughts about the proposed addition, which was greeted with mixed reactions.

Vitalik Buterin Responds to Corroborate His Previous Statement

Actually, Vitalik buterin, the Ethereum’s co-founder has not been usual with talking about the positives of Ethereum (ETH), but things seem to be taking new direction now.

In corroboration with his previous statement, Vitalik exhibited his excitement by saying that it pleases him to see Ethereum (ETH) being integrated into more digital currency payment solutions.

His latest reactions really pleased a number of his followers and Ethereum community members, especially the CEO at Unikrnco Esports and UnikoinGold, Rahul Sood, who wished for more of such from the reserved Ethereum co-founder.

Situation of Ethereum (ETH) in the Market

Ethereum (ETH), the second largest cryptocurrency by market cap, has been performing excellently well over the past 2 days. The cryptocurrency has been defiling the market sovereignty of Bitcoin (BTC), which has so far displayed price fluctuation without significant growth.

At the time of filing this report, ETH is trading at $198.78, with 2.22% price upsurge on 24 hours basis. Now that the digital currency is edging towards breaking above $200 resistance level, it would attract more trust from crypto enthusiasts and investors rather than criticism.

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Disclaimer: Our writers invest in cryptocurrencies and it is possible the author of this article has investment in any of the digital currencies discussed. Some times author's presented information may be laced with opinions. Treat articles as mere information and not as financial advice.

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About the author

Solomon Odunayo

Solomon Odunayo had dispensed his writing ability on growing Eagles News Media, covering News for relatively 2 years as a founder and editor.

He now works with NewsLogical.com as a full time cryptocurrency Journalist and Chief Editor due to the experience he garnered over time in the crypto sphere.

Email: solomon.odunayo@newslogical.com, editor@newslogical.com.

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