Cryptocurrency markets have been boosted by news that Apple is introducing its own mobile payments system.IBTimes UK <\/p>\n
Bitcoin and other major cryptocurrencies have seen an upturn in their fortunes over the last 24 hours, with the top-ten mineable coins all seeing positive movement in the markets. <\/p>\n
Of the big players, bitcoin, litecoin, dogecoin, peercoin, and darkcoin all increased in price by between 2% and 9%. <\/p>\n
This could be, at least in part, down to Apple's announcement yesterday that it is introducing a new mobile payments toolthat could greater facilitate digital currency transactions in the future. <\/p>\n
Bitcoin boosted by Apple Pay <\/p>\n
Alongside new phonesand a smartwatch, Apple also announced yesterday that it was moving into the mobile-payments market with the launch of Apple Pay. <\/p>\n
\"One-touch checkout, no card number entry, no need to type addresses, no card information shared with merchant,\" Tim Cook announced at the Cupertino event. <\/p>\n
Apple Pay will be used on the iPhone 6 and 6 PlusApple <\/p>\n
Apple Pay uses near-field communication (NFC) technology to enable smooth financial transactions. Although bitcoin and other cryptocurrencies were not explicitly mentioned, Apple did recently lift its ban on bitcoin apps. <\/p>\n
Prominent members of the bitcoin community have speculated that despite Apple Pay's reliance on traditional financial infrastructure, bitcoin payments could well be integrated in the future. <\/p>\n
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Cryptocurrency Round-Up: Apple Pay Boosts Bitcoin, Nakamoto Negotiates With Hacker<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Cryptocurrency markets have been boosted by news that Apple is introducing its own mobile payments system.IBTimes UK Bitcoin and other major cryptocurrencies have seen an upturn in their fortunes over the last 24 hours, with the top-ten mineable coins all seeing positive movement in the markets. Of the big players, bitcoin, litecoin, dogecoin, peercoin, and darkcoin all increased in price by between 2% and 9%. Continue reading