Friday, February 21, 2020

#CryptoCorner: Riot (NasdaqCM: $RIOT) to End Exchange Development, Morgan Stanley (NYSE: $MS) to Acquire E*TRADE (NasdaqGS: $ETFC) for $13 Billion


#CryptoCorner: Riot (NasdaqCM: $RIOT) to End Exchange Development, Morgan Stanley (NYSE: $MS) to Acquire E*TRADE (NasdaqGS: $ETFC) for $13 Billion, Binance “Not Authorized” to Operate as #Crypto Space in Malta



Point Roberts, WA, Delta BC February 21, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  




Stocks discussed: (NasdaqCM:RIOT) (NYSE:MS) (NasdaqGS:ETFC)

Since we left off from yesterday’s Crypto Corner the market has made a very modest recovery. Yesterday saw total market capitalization sink as low as about $274 billion, and as of press time it has climbed to about $281 billion, according to data from CoinMarketCap. Bitcoin (BTC) has not really budged apart from a minor uptick resulting in a current trading price of $9,670. We’ll have to see whether Bitcoin will break from this seeming bear trend as the weekend unfolds.

In yesterday’s Crypto Corner we looked at the 2020 strategic priorities outlined by Riot Blockchain, Inc. (NasdaqCM:RIOT), and specifically the company’s decision to focus on the bitcoin mining aspect of its business. In addition to that, the company is moving to cease development of its previously announced crypto exchange, RiotX. On this decision the press release reads:

Riot considered a number of factors when evaluating the RiotX decision including, but not limited to, the evolving regulatory environment, cybersecurity risks, and the current competitive landscape facing U.S. based cryptocurrency exchanges. Riot is considering opportunities to divest the limited assets associated with the RiotX in the best interest of the Company and its stockholders.

At press time stock for Riot Blockchain is down about 1.7 percent.

Investment banking giant Morgan Stanley (NYSE:MS) has entered into a definitive agreement to acquire digital stock brokerage and E*TRADE Financial Corporation (NasdaqGS:ETFC) in an all-stock transaction for $13 billion. The press release indicates:

E*TRADE has over 5.2 million client accounts with over $360 billion of retail client assets, adding to Morgan Stanley’s existing 3 million client relationships and $2.7 trillion of client assets. Morgan Stanley’s full-service, advisor-driven model coupled with E*TRADE’s direct-to-consumer and digital capabilities, will allow the combined business to have best-in-class product and service offerings to support the full spectrum of wealth.

In April 2019, Bloomberg reported that E*TRADE was preparing to introduce crypto trading on its platform.

Crypto exchange giant Binance is not an authorized crypto operator in Malta, according to an official statement published today from the Malta Financial Services Authority (MFSA). The statement was spurred by media reports referring to Binance as “Malta-based cryptocurrency” company. An excerpt reads:

…Binance is not authorised by the MFSA to operate in the crypto currency sphere and is therefore not subject to regulatory oversight by the MFSA. The Authority is however assessing if Binance has any activities in Malta which may not fall within the realm of regulatory oversight. Admission of virtual financial assets to trading and/or for offering virtual financial assets to the public in and from Malta requires an MFSA licence in terms of the Virtual Financial Assets Act (CAP 590) of 2018.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 





Thursday, February 20, 2020

#CryptoCorner: #Bitcoin Sees Biggest One Day Loss in 3 Months, Riot Blockchain (Nasdaq: $RIOT) Releases Strategic Priorities for 2020 and ASX Owner NSX to Launch DLT Platform with iSignthis


#CryptoCorner: #Bitcoin Sees Biggest One Day Loss in 3 Months, Riot Blockchain (Nasdaq: $RIOT) Releases Strategic Priorities for 2020 and ASX Owner NSX to Launch DLT Platform with iSignthis




Point Roberts, WA, Delta BC February 20, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  



Bitcoin Sees Biggest One Day Loss in 3 Months Following Brief Comeback, Northern Data and Canaan to Cooperate on AI, Blockchain, Riot Blockchain Releases Strategic Priorities for 2020 and ASX Owner NSX to Launch DLT Platform with iSignthis

Stocks discussed:  (NasdaqGM:CAN) (NasdaqCM:RIOT) (ASX:NSX)

The crypto market has been quite the rollercoaster ride in the past few days. Since the last Crypto Corner on Tuesday, Bitcoin (BTC) poked its head back above $10K, and peaked at about $10,190 early Wednesday, according to data from CoinMarketCap. For a fleeting moment it appeared that the price drop over the weekend was just temporary, but then Bitcoin fell once again, this time over $600 with the biggest one day loss in about three months. The total market capitalization for the whole crypto market lost about $20 billion in the same period, falling from about $297 billion at its peak on Wednesday to $277 billion at press time. Bitcoin itself is currently trading for about $9,600.

Blockchain solutions and datacenter provider Northern Data AG (XETRA:NB2) has announced cooperation with crypto mining hardware manufacturer Canaan Inc (NasdaqGM:CAN) on the development of blockchain tech, AI and datacenter operations. NG Zhang, CEO of Canaan, said:

"Northern Data has rich experience in building high-performance computing infrastructure, and our research and development (R&D) team is collaborating with Northern Data. Both sides have achieved positive results. In addition, Northern Data will provide computational resources support for our overseas R&D in the US. Canaan looks forward to further cooperation in product development, AI, and high-performance computing with Northern Data in the future."

Northern Data stock is up around 3 percent at press time, whereas Canaan is in the red about 7.3 percent. Any boost gained by the press release discussed was likely undone by the downtrend in the crypto market, which may have dragged Canaan’s stock down.

Riot Blockchain, Inc. (NasdaqCM:RIOT) has released an outline of its strategic priorities for 2020. In particular, the company plans to focus “on bitcoin mining and pursuing opportunities more directly related to bitcoin mining.” An excerpt from the press release outlines the company’s progress in this area:

Riot recently completed a full network upgrade at its Oklahoma City mining facility with the objective to increase operational efficiency and performance. As previously mentioned in a press release issued on February 11, 2020, Riot procured 4,000 S17 miners from Bitmain during December 2019. As of mid-February, the deployment of 4,000 S17s was completed at the Oklahoma City mining facility resulting [in] an overall hashrate of 240 petahash per second ("Ph/s"), consuming approximately 12 megawatts of energy.

The Company plans to provide updates on monthly production levels, commencing with a report shortly after the February 2020 production totals are reconciled. Such production updates are anticipated to continue for at least three months. 

Riot stock is down about 8 percent at press time, keeping with the general red of the crypto market previously discussed.

CoinDesk reports that NSX Ltd. (ASX:NSX), which owns the National Stock Exchange of Australia, announced a joint venture with financial institution iSignthis (ISX), “to offer a digital securities trading platform.” The DLT-based platform will be called ClearPay, and will feature "know your customer’s customer" security solutions from iSignthis. It is expected to debut “by early 2021.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 




Tuesday, February 18, 2020

#CryptoCorner: #Bitcoin Back Below $10K but May Have Long Term Bull Prospects, MoneyGram (NasdaqGS: $MGI) Launches Real-Time Transfers Without #Blockchain


#CryptoCorner: #Bitcoin Back Below $10K but May Have Long Term Bull Prospects, MoneyGram (NasdaqGS: $MGI) Launches Real-Time Transfers Without #Blockchain, Boerse Stuttgart’s Blocknox Makes #Crypto Custody Services Available and China Sees Expansion of Blockchain Amid #Coronavirus Outbreak



Point Roberts, WA, Delta BC February 18, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  



Stocks discussed: (NasdaqGS:MGI) (NYSE:V)

Since the last Crypto Corner, Bitcoin (BTC) has fallen from its heights above $10K and dragged much of the wider crypto market along with it. Specifically, Bitcoin got as high as around $10,430 on Wednesday last week, but then gradually tumbled over the week and weekend to a trading price of $9,766 at press time, according to data from CoinMarketCap. Traders may have been put off by the rapidity of Bitcoin’s rise to and above $10K, followed by a 600BTC deposit reported in a tweet by TokenAnalyst. In any case a long term bullish trend is still anticipated, particularly with Bitcoin’s block reward halving in May. Despite the downtrend witnessed over the weekend, the market is actually quite green today. Ethereum (ETH) in particular, which remains the largest altcoin, is enjoying growth of 7.3 percent at press time.

MoneyGram International, Inc. (NasdaqGS:MGI) has announced a real-time remittance solution called FastSend, which does not utilize blockchain, but rather uses “Visa’s [NYSE:V] Direct Original Credit Transaction to deliver funds to bank accounts through Debit card deposit,” according to a report from Cointelegraph. MoneyGram does have a blockchain partner in Ripple, however, and according to the former’s Chief Operating Officer Kamila Chytil, MoneyGram does leverage blockchain in other areas:

“Today, MoneyGram is utilizing Ripple’s On Demand Liquidity product which allows MoneyGram to trade FX at a corporate level using XRP. It’s a back-end treasury function that’s not consumer facing. The technology is helping to solve the most expensive and time consuming aspect of the current process by reducing the amount of money the company needs to park around the world, which will eventually reduce working capital needs.”

For those interested, MoneyGram stock is up some 16 percent today.

CoinDesk reports that Blocknox, a subsidiary of Germany’s second-largest stock exchange Boerse Stuttgart, has made its crypto custody service available to users of Boerse Stuttgart's BISON app and its digital assets exchange, BSDEX. Ulli Spankowski, managing director of Blocknox and chief digital officer for Boerse Stuttgart, explained:

“As a pioneer in Germany, Blocknox has already been operating as a custodian of cryptocurrencies for more than one year. Now we want institutional clients to benefit from our experience and set-up as well. They can use Blocknox’s reliable custody as a building block for their own services around digital assets.”

An article from local Chinese outlet People’s Daily reports the recent spread of blockchain technology in the country in response to the Coronavirus outbreak. For the first half of this month alone, “at least 20 applications based on blockchain were launched to tackle the emerging challenges.” An excerpt from the article outlines the particular utility of blockchain for this situation:

Local authorities say blockchain makes information on the platform tamper-proof and traceable. It achieves precise collection of epidemic data and dispels rumors, helping citizens to cope with the epidemic in a positive and reasonable way.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411





Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 

















































































Wednesday, February 12, 2020

#CryptoCorner: #Bitcoin Back Over $10K as Market Surges, BIGG Digital Assets’ (CSE: $BIGG.C) Netcoins Launches Support for Canadian Stablecoin from Stablecorp




#CryptoCorner: #Bitcoin Back Over $10K as Market Surges, BIGG Digital Assets’ (CSE: $BIGG.C) Netcoins Launches Support for Canadian Stablecoin from Stablecorp, JPMorgan (NYSE: $JPM) Considering Merger of #Blockchain Unit with Consensys and Consensys Codefi Announces Launch of SKALE Network




Point Roberts, WA, Delta BC February 12, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.

Listen to today’s Crypto Corner Podcast:  



Stocks discussed: (CSE:BIGG) (NYSE:JPM)

Bitcoin (BTC) reclaimed a trading price above $10,000 yesterday, and has since continued onward for a current price of $10,335, according to data from CoinMarketCap. This latest surge has propelled the wider crypto market to a total market cap of just over $300 billion, at press time. Also displaying impressive growth is Ethereum (ETH), with an increase of about 13.5 percent in the last 24 hours, and XRP, which has surged just under nine percent.

An article from CNBC identifies several factors that may have contributed to this bull run. Vijay Ayyar, head of business development at cryptocurrency exchange Luno, told CNBC by email:

“External factors contributing to the rise above $10K include global uncertainty around the Coronavirus outbreak.”

Perhaps more pertinently, as the Coronavirus has been in headlines for weeks, are comments made by Federal Reserve Chairman Jerome Powell on Tuesday to the U.S. House Financial Services Committee, in which he spoke favourably of a privacy-oriented approach to digital currencies. CoinDesk reports that, in contrast with China’s planned CBDC (central bank digital currency), Powell said:

"A ledger where you know everybody's payments is not something that would be particularly attractive in the context of the U.S.”

Netcoins, a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has launched support for a “new Canadian dollar-backed QCAD effective immediately via its OTC trading desk and Netcoins.app trading platform.” The QCAD stablecoin was released by Canada Stablecorp Inc., is itself “a joint venture between 3iQ, Canada’s largest crypto asset manager and Mavennet Systems, a leader in blockchain development.” Mitchell Demeter, President of Netcoins, commented:

“Netcoins is absolutely thrilled to be part of this historic moment in Canadian finance. The ability to send and receive Canadian Dollars around the world instantly via QCAD, with almost zero fees, or limits, is an absolute game-changer. Netcoins main goal is to help Canadians learn about and access digital currencies, and partnering with Stablecorp on the QCAD launch aligns perfectly with this goal.”

Despite this news, however, BIGG Digital Assets stock is actually down a bit this morning, posting a nearly six percent drop at press time.

Banking giant JPMorgan (NYSE:JPM) is considering a merger of its Quorum blockchain unit with blockchain software firm Consensys, according to a report from Reuters. Quorum is a private blockchain built on the Ethereum network, used to run the Interbank Information Network, a payments network that involves more than 300 banks. According to the sources,  who are identified as “people familiar with the plans,”:

A merger with ConsenSys was chosen as the best path forward as both organizations work with ethereum and have been involved in joint initiatives in the past.

Consensys Codefi, described as “the blockchain operating system powering commerce and finance,’ has announced the launch of the SKALE Network through the former’s Activate platform for decentralized networks. The press release describes SKALE network as “a decentralized elastic blockchain platform for securely scaling Ethereum based dApps.” Joseph Lubin, Founder of ConsenSys and Co-Creator of Ethereum, explained:

"Layer-two scalability solutions are bringing lightning-fast high transaction throughput and more flexibility to Ethereum. The SKALE Network is a state of the art solution, representing a configurable and low cost layer-two platform for developers to enable near instant execution of smart contracts. Activate is setting the standard for fair and maximally distributed token networks, while providing a seamless and consistent validator and user experience to ensure all participants interact meaningfully with the SKALE Network  — and decentralized networks of the future.”

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 




#CryptoCorner: Riot (NasdaqCM: $RIOT) to End Exchange Development, Morgan Stanley (NYSE: $MS) to Acquire E*TRADE (NasdaqGS: $ETFC) for $13 Billion

#CryptoCorner: Riot (NasdaqCM: $RIOT) to End Exchange Development, Morgan Stanley (NYSE: $MS) to Acquire E*TRADE (NasdaqGS: $ETFC) for $13...