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IOTA (MIOTA) to Be Accepted by Merchants via Apple Pay and Samsung Pay After New Partnership

  • Alex Morris
    📰 News

    Merchants who are still reluctant to accept cryptocurrencies will have no choice after Zeux rolls out its app in April. The London-based startup will allow its users to seamlessly pay for goods at brick-and-mortar stores with six different cryptocurrencies. IOTA was the latest cryptocurrency to be added by Zeux  


IOTA (MIOTA) to Be Accepted by Merchants via Apple Pay and Samsung Pay After New Partnership
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IOTA Foundation has just made an announcement about its collaboration with FCA-regulated fintech startup Zeux that will allow using MIOTA as a means of in-store payment with merchants that accept Apple Pay and Samsung Pay. Here’s the thing – merchants won’t even have to deal with crypto.  

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Doing wonders for adoption

Zexu, which is expected to launch this April on the European market, will merge traditional point-of-sale (POS) and cryptocurrencies. The startup is planning to onboard plenty of different merchants from the get-go.


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Those would like to use MIOTA for payments will have to choose it among all available options and activate Apple Pay and Samsung Pay against the merchant’s POS. MIOTA will be automatically deducted from the shopper’s wallet while the merchant receives fiat money.

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Five more coins

IOTA’s David Sønstebø claims that the partnership is ‘a big step forward’ for streamlining the mainstream adoption of digital assets since it combines the existing payment solutions with crypto. Zeux founder Frank Zhou shares this excitement while pointing out that IOTA’s Tangle is a very ‘promising’ technology.

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Apart from IOTA, Zeux also supports Bitcoin (BTC), Ethereum (ETH), Bitcoin SV (BSV), and Qtum (QTUM).

Cover image via u.today
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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

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