bitFlyer Partners with Tpoint Japan to Launch Bitcoin Loyalty Program

bitFlyer, a leading Japanese bitcoin exchange with a presence in Europe and other parts of the globe, has joined forces with Tpoint Japan, a technology services firm. The partnership will see them launch a bitcoin-powered loyalty program, according to a press release, August 20,  2019.  Bitcoin Rewards As stated in its press release, bitFlyer has inked a partnership deal with Tpoint Japan, to unveil an innovative bitcoin-based loyalty scheme dubbed “T-POINT Program,” to enable users of both firms to receive exciting rewards in bitcoin when they make payments with the…

Bitcoin (BTC) Price Recent Breakdown Could Accelerate Decline

Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar. The price is currently trading below the key $10,600 and $10,500 support levels. This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently at a risk of more downsides below the $10,250 support area. Bitcoin price is currently facing an increase in selling below $10,500 against the US Dollar. Therefore, BTC could accelerate its decline if…

Ripple Price (XRP) Breaks Key Support: More Downsides Likely

Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar. Bitcoin price is struggling to hold the main $10,500 support area. This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading below the key $0.2700 support and it might accelerate its decline. Ripple price is showing bearish signs below key supports against the US Dollar and bitcoin. XRP is currently at a risk…

Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to surpass the key $280.0 resistance area. Bitcoin price started a downside correction and traded below the $10,800 support. Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support. BCH price is currently correcting lower and it might test the $305 support area. Tron (TRX) price is extending losses and it remains in a strong downtrend below $0.0185. Cardano (ADA) price broke the key $0.0500 support level to extend its slide. Bitcoin (BTC) and the crypto market cap are currently…

Ethereum Price (ETH) Approaching Next Break While Bitcoin Is Correcting

ETH price started a downside correction after testing the $202 resistance area against the US Dollar. The price is currently trading below $198 and is trading near the $194 support area. This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely approaching the next break either above $200 or below $192 in the near term. Ethereum price is setting up for the next key break versus the US Dollar, while bitcoin is correcting…

Blockchain Firm TZero Adds Ravencoin to Supported Cryptocurrencies

Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app. Ravencoin now supported on the tZero app TZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading and wallet tZero Crypto app, available for iOS and Android devices. Per the release, the company submitted the updated iOS app supporting the crypto asset to the store yesterday, while the update for the Android…

Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin and Ether are the big — the whales of our desk,” additionally estimating that Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Monero (XMR), and Tether (USDT) were the top five cryptocurrencies traded by volume. Minier…

Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex

Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria. Six cryptos accepted Starting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major cryptos: Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), Stellar (XLM) and Dash (DASH), according to an official announcement published on Aug. 16. A1 Payment service, a digital payment system developed in collaboration with Austrian digital currency specialist Salamantex, German cashless payment provider Concardis and French smart payment solutions supplier Ingenico, was first…

Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia.  Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile payments provider DANA, fintech startup OVO and state-owned Bank Mandiri. Bank Mindri operates a digital wallet service, per the report.  WhatsApp’s plan for Indonesia is to support payments through digital wallets in the region,…

ICO Rating Settles With SEC Over Alleged Anti-Touting Violations

The United States Securities and Exchange Commission (SEC) has charged Russian analytical agency ICO Rating for $268,998 for violating anti-touting provisions, according to an announcement on Aug. 20. In the announcement, the SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933 by failing to disclose payments it received from initial coin offering (ICO) issuers it rated and published on its platform. Melissa Hodgman, Associate Director of the SEC’s Enforcement Division, said: “The securities laws require promoters, including both people and entities,…