Accept Direct Crypto Payments Using the Rocketr Gateway

Accept Direct Crypto Payments Using the Rocketr Gateway

It’s in the best interest of businesses to offer their customers a variety of payment options. Cryptocurrencies can undoubtedly bring more buyers and many merchants have introduced support for digital assets. A platform called Rocketr helps merchants payments in , including bitcoin cash.

Also read: Piixpay Lets You Pay Bills and Invoices With Cryptocurrency

Payment Platform Supports Traditional and Crypto Options

Rocketr is a payment gateway that allows merchants to integrate a variety of payment methods including traditional options like credit cards and Paypal, but it has also been supportive of cryptocurrencies such as bitcoin cash (BCH). Its services are offered for a relatively low fee of 0.5% on all transactions and there are no other hidden charges for setup or maintenance.

The Rocketr Payments platform lets you accept all kinds of payments and invoice clients directly from a single dashboard. Its API provides you with the opportunity to customize checkouts and it allows for webhooks and instant payment notification. These features notify your Rocketr application when an order is completed.

Accept Direct Crypto Payments Using the Rocketr Gateway

Companies can also use a product called Storefront which is a complete e-commerce platform. It is designed to satisfy the needs of online businesses specializing in sales and delivery of products and services in the digital space. Many of its integrated features, such as the built-in messaging system and livechat support, are offered free of charge.

Rocketr has also developed a POS application that supports multiple cryptocurrencies including BCH. It lets you accept payments in several other major digital coins like BTC, ETH and LTC as well as fiat currencies such as USD, EUR and GBP. The software, which is available in Apple’s App Store, comes with many useful features, one of which lets customers add a tip to their bills.

If you want to process BCH payments you can also check out the Bitcoin Cash Register app for both iOS and Android devices. The simple Point of Sale software developed by Bitcoin.com allows merchants to accept electronic cash at any retail location. Payments are easy, safe and no account or registration is needed to install and use it.

What other applications for direct crypto payments would you recommend? Let us know in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.


Images courtesy of Shutterstock.


Do you need a reliable Bitcoin mobile wallet to send, receive, and store your coins? Download one for free from us and then head to our Purchase Bitcoin page where you can quickly buy BCH and BTC with a credit card.

The post Accept Direct Crypto Payments Using the Rocketr Gateway appeared first on Bitcoin News.


Source: bitcoin.com
Accept Direct Crypto Payments Using the Rocketr Gateway

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Indian Crypto Community Petitions Government for Regulation

Following widespread reports of the upcoming cryptocurrency bill, the has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upp
Source: devcoins
Indian Crypto Community Petitions Government for Regulation

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Indian Crypto Community Petitions Government for Regulation

Indian Crypto Community Petitions Government for Regulation

Following widespread reports of the upcoming cryptocurrency bill, the has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Parliament has aired a program discussing the bill, and three Right to Information requests have been filed seeking answers about the bill.

Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms

Petition to Accelerate Crypto Regulation

Since details of India’s “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill 2019” have emerged, there have been constant discussions about this bill, what it entails, and whether it is the bill that will be submitted to the finance minister. While two prominent local publications have claimed to possess information about the bill, many unanswered questions remain.

In an effort to stop speculation and FUD (fear, uncertainty, and doubt), Blockchain Lawyer founder Varun Sethi started a petition on Change.org on June 15 to the Department of Economic Affairs and the country’s central bank, the Reserve Bank of India (RBI). Anyone can sign the petition entitled “Implementing Regulatory Framework for Cryptoassets in India” and possibly help shape the crypto regulation in the country. At press time, 1,437 have signed the petition.

Indian Crypto Community Petitions to Accelerate Regulation

“This petition is neither sponsored by any specific blockchain or cryptoasset company / exchange / group in any manner whatsoever nor has any compensation being received from anyone to initiate such petition,” the petition reads:

The purpose of this petition is to engage the blockchain community and the government in a more democratic and engaging environment to accelerate the implementation of regulatory framework regarding blockchain and cryptoassets in India and relinquish the ambiguity which has developed around it.

“India is home to 2.7 million tech developers which is expected to grow to 5.2 million in [the] next 48 months,” Sethi began. He referenced the banking restriction imposed by the central bank in April last year as well as the Right to Information (RTI) request he filed, which revealed that the RBI did not do any before implementing the banking ban on crypto businesses.

Indian Crypto Community Petitions to Accelerate Regulation

Sethi also outlined other countries’ crypto regulatory efforts such as Japan, Malta, Canada, Estonia, Germany, and Norway, “to better regulate and tap the potential of this technology.” The lawyer proceeded to make some suggestions for India such as officially defining terms like blockchain and crypto assets, providing a regulatory sandbox for new crypto assets to be tested in, registering initial coin offerings, defining KYC/AML guidelines, and updating the Foreign Exchange Management Act and the Income Tax Act to report crypto income. He concluded:

The success of the petition shall be when the government issues guidelines for a democratic regulatory framework for blockchain and cryptoassets entities in India, perhaps on the suggestions stated above.

India’s cryptocurrency bill was drafted by an interministerial committee headed by Finance Secretary Subhash Chandra Garg, former Secretary of the Department of Economic Affairs. The committee was tasked with studying all aspects of cryptocurrency and making recommendations for its legal framework. Garg recently said that the report containing the regulatory framework for cryptocurrency was ready to be submitted to the finance minister.

Parliament TV Discusses the Ban Proposal

As speculation rises about what India’s cryptocurrency bill contains, Rajya Sabha TV (RSTV), a television network channel owned and operated by Rajya Sabha, the Upper House of the Parliament of India, aired its latest of Policy Watch Friday on the government’s decision to propose a ban on cryptocurrency. Policy Watch is a weekly show featuring discussions of national economic policies. Guests on the Friday included Mohd. Haleem Khan, a former secretary, Ministry of Finance.

Indian Crypto Community Petitions to Accelerate Regulation

In the show, Khan explained to anchor Kriti Mishra:

The issuance of currencies is a sovereign act … any currencies issued by anybody else comes to that level of counterfeit currency.

Mishra asked Khan about the 10-year jail sentence for “Whoever directly or indirectly mines, generates, holds, sells, deals in, transfers, disposes of or issues cryptocurrency or any combination thereof,” which according to Bloombergquint, “shall be punishable with fine as may be prescribed by the central government in the first schedule or with imprisonment which shall not be less than one year but which may extend up to ten years, or both.”

Khan described that there is a provision even today for a 10-year prison sentence for counterfeiting currencies. He further explained that another law that comes into play is the Foreign Exchange Management Act (FEMA) before concluding: “I don’t find anything wrong with this approach.”

Nischal Shetty, CEO of local crypto exchange Wazirx, commented on the Policy Watch episode:

If you hear the anchor, she’s reading out exact word to word from Bloomberg article … So let’s not assume this is confirmation.

India’s cryptocurrency bill will first need to be submitted to the finance minister for approval and introduced in Lok Sabha, the Lower House of Parliament. If approved, the bill will move to the Upper House of Parliament. Even if it’s signed into law, anyone can still go to court and challenge the constitutional validity of the law.

3 Confusing RTI Replies

At least three recent RTI requests have been filed regarding the bill to ban cryptocurrency: one with the Department of Economic Affairs, one with the central bank, and one with the Insurance Regulatory and Development Authority (IRDA).

Indian Crypto Community Petitions to Accelerate Regulation

The first of the three was filed by the founder of local news outlet Coin Crunch India on April 26, one day after the Economic Times published its article on the bill. “On May 20, 2019, DEA rejected the RTI application citing ‘Section 8(1)(i)’ as the reason for rejection,” the publication shared, adding that “This could mean that DEA simply rejected it because eventually the information has to be made public.”

The second RTI, filed by Sethi, reveals some interesting facts such as how the central bank did not have any knowledge of this bill and did not propose a ban on cryptocurrency. “RBI has actually stated that they have not received any communication from any department and they have also not given any communication to any government department pertaining to [the] drafting of this bill and this is very surprising,” Sethi explained. The third RTI was filed by a journalist at Crypto News India. The IRDA’s reply was short and swift; it says no information was available on the matter.

With so much speculation and misinformation floating around the cryptosphere, the crypto community is awaiting the government to make an official announcement regarding the bill. Further, the supreme court is expected to address India’s regulatory framework for cryptocurrency and the banking restriction on July 23.

What do you think of this petition? Will you sign it? Let us know in the comments section below.


Images courtesy of Shutterstock, RSTV, Change.org, and Varun Sethi.


Are you feeling lucky? Visit our official Bitcoin casino where you can play BCH slots, BCH poker, and many more BCH games. Every game has a progressive Bitcoin Cash jackpot to be won!

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Indian Crypto Community Petitions Government for Regulation

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Awesome piece of Crypto Art that can double as a Wallet!

Awesome piece of Crypto Art that can double as a Wallet! submitted by /u/foxyjim99
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Source: CryptoCurrency
Awesome piece of Crypto Art that can double as a Wallet!

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POV Crypto Episode 57: Why LEO? With Kyle Davies

POV Crypto Episode 57: Why LEO? With Kyle Davies submitted by /u/Heavyhandedtherapist
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Source: CryptoCurrency
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Markets Update: Crypto Prices Surge After Last Week’s Pullback

Digital currency have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off wit
Source: devcoins
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Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients

Another week, another round of . It would be fair to say that the past seven days for Bitcoin (BTC) and its ilk have been rather spectacular. Aside from mostly bullish price action, which brought the cryptocurrency to $8,650 for the first time in weeks, instrumental industry developments were numerous.

Twitter’s chief executive Jack Dorsey doubled-down on his support for Bitcoin, again lauding it for its potential to become the world’s digital currency. Uber, Lyft, and Spotify were revealed to be backing Facebook’s impending cryptocurrency. And finally announced that it will soon begin testing of its Bitcoin futures vehicle, which is believed to improve institutional adoption across the board.

bitcoin

Related Reading: Crypto Tidbits: SEC Still Wary of Bitcoin ETF, Facebook Crypto Inbound, Binance to Launch Stablecoin

Crypto & Bitcoin Tidbits

  • Ethereum-based Chainlink (LINK) Rallies by 50% as Google Launches ‘Partnership’: On Thursday, Google Cloud, the firm’s cloud computing services platform, released a tidbit of news titled “Building hybrid blockchain/cloud applications with Ethereum and Google Cloud”. While this was big news in and of itself, the crypto focused on the article’s mention of Chainlink, a project that facilitates data from the Internet to be translated to and verified for blockchain. Chainlink’s claim to fame is its so-called “oracle” system, which is a recently-launched product meant to improve processes on something like Ethereum. This recent integration will allow for Chainlink, and thus Ethereum smart contracts, to interact with BigQuery, Google’s data analyzer and portal. Due to this news, LINK has rallied hard, sitting at $1.73 from ~$1.2.
  • Bakkt Finally Ready to Launch Bitcoin Futures ContractAccording to a recent blog post, Bakkt, the cryptocurrency exchange/infrastructure initiative mainly backed by the New York Stock Exchange’s parent (Intercontinental Exchange), is expecting to beta testers to its platform in July. It expects to allow investors to use its Bitcoin (BTC)-backed futures contract, which has been in the works with American regulators for months now. Many believe that the full launch of the exchange’s cryptocurrency investment vehicle will entice institutions to dive into this space, resulting in a price appreciation for BTC and its ilk.
  • Facebook Teams Up With Massive Backers in Uber, Spotify, Visa, and Coinbase to Launch Crypto: Reported by The Block on Friday, Facebook’s upcoming stablecoin cryptocurrency, dubbed “Libra” or “Globalcoin”, has secured investments from massive corporations. These include but aren’t limited to Visa, PayPal, Mastercard, Coinbase, Uber, Lyft, Spotify, a16z, eBay, Union Square Ventures, and Stripe. As reported by NewsBTC previously, Caitlin Long, a former executive at Morgan Stanley turned blockchain proponent, believes that the project will drive adoption. She explains that education efforts about Venezuela’s Petro (an ‘oil-backed’ digital asset meant to save the nation’s hyperinflating economy) seemingly resulted in a “spike in Bitcoin use in Venezuela”. The same could easily occur this time around, but with billions instead of millions.
  • Binance to Restrict U.S. Traders Amid Regulatory Turmoil: This week, crypto exchange Binance’s chief executive, the venerable Changpeng “CZ” Zhao, revealed that his platform had changed its terms of service. While the announcement didn’t make any specific noticings, users that scoured the updated document found out that United States-based traders would soon be disallowed from using the flagship Binance.com platform, the most popular Bitcoin exchange site by traffic and “real volume”. To fill the gap, the big-name cryptocurrency startup has teamed up with a so-called “BAM ” to create a local exchange. The new platform, fittingly named Binance America, is partners with a company registered with financial regulator FinCEN and is expected to launch in the coming months.
  • Ubisoft Looking to Harness Ethereum for Blockchain Application for Gaming: According to a recent report French business outlet Les Echos, Ubisoft, a video game developer behind Rainbow Six, Far Cry, Just Dance, and other classics, has had a “dedicated team” for blockchain applications in gaming for a number of months. Citing sources familiar, Les Echos states that the Ubisoft-backed consortium is on the verge of launching its first blockchain use case. In fact, an insider source said that the venture is at an “advanced stage”. Ubisoft purportedly has plans to use the Ethereum blockchain, not Bitcoin or anything else, for this program. It is unclear if the network could handle Ubisoft’s user base, however, potentially implying that the company is looking to build a second-layer solution to make its integration work.
  • Coinbase and Circle Look to Boost Adoption of USDC Stablecoin: Circle and Coinbase are looking to improve the viability of their Ethereum-based stablecoin, the US Dollar Coin (USDC), via a “membership-based framework and governance scheme for the development and growth of money on the internet.” This will allow other companies in the fintech industry to join hands with the two aforementioned firms to push the creation of digital economies that are instant, global, open, and free to use.
  • Nasdaq Teams Up With Crypto Site to Entice Institutions: Announced Tuesday morning via a press release, CryptoCompare, a leading industry data provider, has joined hands with Nasdaq. The unexpected duo will be launching a new product to price and index cryptocurrency, the so-called “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices.” The venture will be launched through Quandi, a Nasdaq-owned, well-regarded finance data outlet that services hundreds of thousands of professionals on Wall Street to its Asian counterpart. To do this, CryptoCompare and Nasdaq have created a system that will provide institutions with”minute-by-minute pricing data for the most liquid cryptocurrency (Bitcoin, for instance).”
  • Crypto News Outfit CCN Shuts Down, Resurrects Two Days Later: Early this week, CCN — also known as CryptoCoinsNews — revealed that it would be shutting its doors. The site’s founder, Jonas Borchgrevink, explained that when Google rolled out its “June 2019 Core ” for its search engine, CCN’s traffic plummeted. In fact, according to SEO sites like Sistrix, the domain’s visibility had plummeted by 53% overall, and 72% on mobile. This meant that the outlet’s articles are not being shown as much when you search “Bitcoin” or “crypto”, for instance. Just two days after closure, however, CCN returned, revealing that it had worked with experts in the SEO and Google News arena to figure out a plan moving forward, thus ensuring it didn’t have to lay off 60 staffers. Industry publications across the board, including the big names, are still suffering traffic losses.
  • Crypto Ratings Agency Downgrades EOS For “Serious Centralization Problems”: In a recent tweet, Weiss Ratings, an investment advisory/ group that has taken a liking to crypto assets, slammed EOS. As seen below, the agency stated that it believes EOS has “serious problems with centralization”, and thus it has been mandated to “severely degrade its technology score.” As seen on the company’s website, EOS’s technology score is now an A-minus. This is seemingly in reference to the fact that at last week’s Block.one event, which was held to be the one-year anniversary of the launch of EOS, nothing was announced to increase decentralization. The blockchain developer also announced a new protocol, which they state will make the chain eight times faster than it currently is.
Featured Image from Shutterstock

The post Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients appeared first on NewsBTC.


Source: newsbtc
Crypto Tidbits: Bakkt’s Bitcoin Futures Near, Facebook’s Libra Backed by Uber, Binance to Block US Clients

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Altcoin Crypto Trading Axed For Americans as Bittrex Follows Binance – newsBTC

Axed For Americans as Bittrex Follows Binance  newsBTCUnited States Residents Will Lose Access to Many Altcoins Starting in September  CointelegraphBitcoin Surges as Analyst Warns That Binance Triggered ‘Altcoin Winter’  CCN MarketsBinance Booting U.S. Users Could Trigger an ‘Altcoin Winter’, Analyst Warns  CryptoGlobeBinance Exit From US Puts Several Altcoins’ Volume On Questionmark  CoinTrustView full coverage on Google News
Source: worldnewsoffice
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Markets Update: Crypto Prices Surge After Last Week’s Pullback

Digital currency have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours.

Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading

Digital Asset Markets See Fresh Gains

Cryptocurrency markets have been all over the place lately, giving enthusiasts and traders constant surprises. Most markets have seen decent gains after last week’s slump brought most coins down to foundational support. This Saturday, June 15, bitcoin core (BTC) is for $8,791 per coin and has a market valuation of around $156 billion. BTC markets are up today around 4.4% and up over 10% for the last seven days.

Markets Update: Crypto Prices Surge After Last Week's Pullback
Top 10 cryptocurrencies by market cap on Saturday, June 15, 2019.

The second largest market cap belongs to ethereum (ETH) which is priced at $265 per unit. ETH has gained 3.3% this Saturday and roughly 7.6% for the week. Ripple (XRP) is trading for $0.40 per coin and has a market cap of about $17 billion. Lastly, litecoin (LTC) is up 5.2% today and trading for $135 per LTC. Additionally, the market price of LTC has gained 17.4% over the last seven days.

Bitcoin Cash (BCH) Market Action

Bitcoin cash (BCH) is up today around 2.4% and 6.4% for the entire week. One BCH is swapping for an average of $419 at the time of writing and the market capitalization is worth $7.49 billion. The top exchanges today swapping the most BCH include Huobi Korea, Coinbene, P2pb2b, Hitbtc, and Digifinex. The top trading pair with BCH today is tether (USDT), capturing 46.6% of all trades. This is followed by BTC (32.5%), USD (10.2%), KRW (5.1%), and JPY (1.57%). Both the EUR and ETH pairs have increased but the Korean won (KRW) paired against BCH has grown significantly this week. Right now BCH is the sixth most traded coin as far as global volume is concerned. Bitcoin cash has about $1.66 billion in global trade volume in the last 24 hours.

Markets Update: Crypto Prices Surge After Last Week's Pullback
BCH on Saturday, June 15, 2019.

BCH/USD Technical Indicators

Today the 4-hour BCH/USD chart on Kraken indicates that BCH bulls have managed to surpass resistance at the $400 mark. Currently, most oscillators are showing neutral signs at the moment as the Relative Strength Index (RSI) hovers around ~62.42, which is closer to overbought conditions. The two Simple Moving Averages (SMA), both long term (200 SMA) and the short term (100 SMA) trendlines, have crossed paths once again with the 100 SMA above the long term trendline.

Markets Update: Crypto Prices Surge After Last Week's Pullback
BCH/USD on Kraken – Saturday, June 15, 2019.

This would indicate that the path toward the least resistance, for the moment, is in the bulls’ favor and most moving average indicators show buy signals. The Ichimoku Cloud (9, 26, 52, 26) baseline is currently impartial, while the MACd ~6.65 shows there’s room for more price improvements. Looking at order books shows some strong resistance above the $440 zone and BCH bulls will need to surpass this region. On the backside, order books give a good visualization of some solid foundational support between the $390 price range and the $365 area.

Markets Update: Crypto Prices Surge After Last Week's Pullback
24-hour money flows into – Saturday, June 15, 2019.

The Verdict: Newfound Crypto Market Optimism

The last 48 hours of increased prices have injected some positivity into the and many wonder if things will remain bullish. Litecoin has done well over the last few weeks and traders believe the recent push is due to the supply cut taking place in August. Moreover, BCH has seen incredible amounts of development over the last few months and programmers have shown off lots of innovative concepts like Cashshuffle, SLP tokens, and Shnorr signed transactions. The price of bitcoin cash and its incredible gains this year have likely been a reflection of ongoing development improvements. Crypto prices this month, in general, are doing a whole lot better than the market performances back in December 2018. This has given people newfound optimism and a sense of relief after the long crypto winter.

Where do you see the price of bitcoin cash and the rest of the crypto markets heading from here? Let us know what you think about this subject in the comments section below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


Images via Shutterstock, Trading View, Bitcoin.com Markets, and Coinlib.io.


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The post Markets Update: Crypto Prices Surge After Last Week’s Pullback appeared first on Bitcoin News.


Source: bitcoin.com
Markets Update: Crypto Prices Surge After Last Week’s Pullback

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GaTech Research on Crypto Investment Behavior: Results and Follow Up Survey

Hey r/CryptoCurrency!

I’m doing on behalf of the Georgia Institute of Technology Create-X Program, and my focus is on investor behavior in cryptocurrencies.

A week ago, I posted this survey in several cryptocurrency subreddits and daily discussions, and I received over 200 responses! Thank you so much for your support. This ~5 min initial survey is still open and I ask that you please take it if you haven’t already done so.

For the next part of my research, I’m diving deeper into market demographics and looking to gain more insights into your investment behavior. Here’s the follow-up survey (~3 mins). I would appreciate it if you could take this survey as well.

Results:

Please don’t view these results until you’ve taken both surveys. Viewing the results before taking the survey will introduce bias.

Here are the results for the first survey. I will post the results to both surveys and in an analysis post in one week, along with some graphs and other visualizations.

Thanks so much for your time!

submitted by /u/heist95
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Source: CryptoCurrency
GaTech Research on Crypto Investment Behavior: Results and Follow Up Survey

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