US e-commerce giant Newegg accepts SHIB payment! Robinhood rumored to list Shiba Inu Coins on Q1

US cryptocurrency payment company Bitpay announced on the 9th that it will immediately support payments in Shiba coins (SHIB). According to the press release, due to the strong public demand for Shiba Inu coins, Bitpay partners can now accept Shiba Inu (SHIB) for payment immediately, and consumers can purchase, store and exchange Shiba Inu coins in the BitPay wallet application.

With the addition of Shiba Inu Coin to Bitpay's cryptocurrency lineup, Bitpay now supports a total of 13 cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Dogecoin ( DOGE), Litecoin (LTC), Shiba (SHIB), Ripple (XRP) and 5 stablecoins (GUSD, USDC, USDP, DAI and BUSD) linked to the U.S. dollar.

BitPay believes that the Shiba Inu community is enthusiastic about Shiba Inu coins and takes seriously these merchants who provide consumers with Shiba Inu coins for payment. Although it was initially just a meme coin, the strong SHIB Army (Shiba Inu Coin Community) and the response of many companies made SHIB the preferred cryptocurrency added by BitPay.

Stephen Pair, CEO of BitPay, said: More community participation by token holders will support the awareness and adoption rate of cryptocurrencies, and will also help promote the blockchain industry to pave the way for blockchain payments and break the original consumption. The way in which investors and businesses receive and spend funds.

Newegg immediately announced that it accepts Shiba Inu currency as payment, and AMC Cinemas will also follow up

American online retailer giant Newegg announced on November 29 that it will accept Shiba Inu currency payments during the holiday in early December. On the 9th, as BitPay officially launched the Shiba Inu currency payment service, Newegg also announced on the same day that it would pass BitPay supports Shiba Inu currency payment. The company even used the largest digital outdoor billboard in downtown Los Angeles to promote the acceptance of Shiba Inu currency payments.

"We now accept SHIB. You only need to choose BitPay as your payment method when you use PC to checkout."

In fact, Newegg is one of the first online e-commerce companies in the U.S. to accept cryptocurrency payments. According to reports, since 2014, Newegg has partnered with BitPay to provide U.S. customers with Bitcoin payment services and will expand Bitcoin in 2019. Payment services to 73 new countries. In April this year, Dogecoin (DOGE) payment services were added through BitPay.

In addition, AMC, the nation's largest movie theater chain, will soon support Dogecoin payments. CEO Adam Aron said in the Q3 earnings conference call in November that AMC is expected to accept Shiba Dogcoin payments in the first quarter of next year. And today's BitPay press release also confirmed that AMC will support Shiba Inu currency payments through BitPay in the next few months.

AMC currently accepts payments in four mainstream cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).

Robinhood rumored to list Shiba Inu coins in Q1 next year

In addition, it is rumored that Robinhood, a US online broker that will consider listing Shiba Inu coins, "TheCryptoBasic" reported that Robinhood may list Shiba Inu coins at some point in January 2022 or in the first quarter.

According to a Twitter post on "ShibaInuNews", a Robinhood insider revealed to them: They will hold an executive meeting at 3pm Eastern Time today to discuss the possibility of listing SHIB and other 2-3 cryptocurrencies in January .

It is reported that the main reason for the delayed launch of Shiba Inucoin to Robinhood is the wallet problem; unless Robinhood wallet is officially launched, SHIB may not be announced. Insiders also told ShibaInuNews: This month (December) listing of SHIB is simply unrealistic. But he admitted that January and the first quarter are very likely. They continue to hear a lot of voices, especially from petitions.

At present, the number of petitions requesting Robinhood to list SHIB has exceeded 545,000.