At the time of writing, the Bitcoin price is sitting at $6,162 representing a loss of 21% in the last 24 hours. More than $3.2B worth of BTC were exchanged in the BTC/USD market representing a 38.4% share of daily volume, followed by the BTC/JPY pair that represents a 37% share.

The Ethereum price has dropped by 27.5% over the past 24 hours and is currently sitting at $577, with over $1.65B worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 47.7% market share of the daily trading volume.

See live charts here and here.

Lloyds Banking Group Blocks Bitcoin Purchases Using Credit Cards

After several US banks announced a ban on cryptocurrency credit card payments, Britain’s largest banking group is also banning its credit card customers from buying cryptocurrencies, including Bitcoin.

According to BBC, the ban applies to the Lloyds Banking Group's eight million credit card holders and started yesterday across its subsidiaries, including Lloyds Bank, Halifax, MBNA and Bank of Scotland.

Read more here.

Santander to Launch Ripple Retail Payments App in 4 Countries

Spanish banking giant Banco Santander is set to roll-out a personal payments app for retail customers powered by Ripple’s blockchain technology in Q1 2018.

The application will enable international payments in “3 clicks and 40 seconds” for retail bank customers, reveals a slide by Santander’s 2017 earnings presentation released last week.

Read more here.

Singapore Airlines: Blockchain Loyalty Wallet App for Frequent Flyers

Singapore Airlines, one of the world’s leading airline operators, announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent-flyer program, enabling travellers to easily spend their air miles at retail partners. Singapore Airlines CEO, Goh Choon Phong, stated:

“This groundbreaking development in which we will be using blockchain technology to ‘digitalise’ KrisFlyer miles is a demonstration of the investment we are making to significantly enhance the digital side of our business for the benefit of our customers.”

Read more here.

State of the Crypto

Bitcoin is down 21.14% at $6,162.490 with a volume of Ƀ467.6k - $3234.9M on the USD pairs.

Ether is down 7.26% against Bitcoin at Ƀ0.09469 per Ether and down 27.43% against the dollar to $577.95 with average volume Ƀ82.1k on the ETH/BTC pair.

Bitcoin Cash is down 4.87% to Ƀ0.1271 with volumes of Ƀ31.4k and down 25.23% against the dollar at $779.58.

Ripple is down 1.91% to Ƀ0.00009635 with volumes of Ƀ22.7k and down 22.68% against the dollar at $0.5932.

Zcash is up 9.54% for the day to Ƀ0.04524 per ZEC and down 13.51% against the dollar to $280.93 with an average volume of Ƀ4.8k for the 24 hour period.

Litecoin is down 23.26% against the dollar for the day at $108 and down 1.89% to Ƀ0.01768 on volumes of Ƀ24.4k.

Dash is down 3.62% at Ƀ0.06333 with Ƀ6.3k volume and down 23.27% against the dollar at $393.96.

Iota is down 2.04% to Ƀ0.0001968 on Ƀ2.4k volume.

Ether Classic is down 8.32% to Ƀ0.002304 with volumes of Ƀ9.6k and down 27.65% against the dollar at $14.26.

Monero is down 24.81% against the dollar at $153.75 and down 4.48% against Bitcoin at Ƀ0.02494 on volumes of Ƀ6.8k.

Neo is down 16.73% for the day to Ƀ0.01075 per NEO and down 34.85% against the dollar to $65.97 with an average volume of Ƀ11.8k for the 24 hour period.

Waves is down 14.11% to Ƀ0.0005959 on Ƀ2.6k volume.

Stratis is down 14.57% to Ƀ0.0007983 on Ƀ1.7k volume.

Original source: CryptoCompare