Friday, June 29, 2018
#CryptoCorner: #Bitcoin Dips Below $6K as Market Suffers, #Coinbase Opens in Portland, OR and German Bank Offers Service for Crypto and Blockchain Companies
#CryptoCorner: #Bitcoin
Dips Below $6K as Market Suffers, #Coinbase Opens in Portland, OR and German
Bank Offers Service for Crypto and Blockchain Companies
Point Roberts, WA, Delta BC –June 29, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto
Corner – June 29th
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/06291Bitcoin-Coinbase-Blockchain.asp
Bitcoin Dips Below $6K as Market Suffers, Coinbase Opens in Portland, OR
and German Bank Offers Service for Crypto and Blockchain Companies
In the past 24 hours the cryptocurrency market cap
has dropped from $246 billion USD to about $235 billion USD at press time, a
loss of roughly $11 billion USD. According to data from CoinMarketCap, all but two coins, Tether (USDT) and RChain (RHOC), are in the red for
the past day of trading. Bitcoin (BTC) itself has dropped below the $6000 USD barrier
for the second time this year, having previously dipped on Sunday, June 24. At
press time it is trading at $5910 USD. In an analysis of how the market may
recover, CCN quotes BlockTower founder Ari Paul in a report
today:
“Institutional money started trickling into
cryptocurrency in mid 2017, but it’s been slower than many (including myself)
expected. That doesn’t mean it’s not coming. There are a lot of pieces that
need to come together, one big piece being third party custody. Custody isn’t
binary. It’s not like Coinbase custody will launch and suddenly every pension
will throw $100 million into BTC. It takes time for custody solutions to gain
trustworthiness. But. I think we’ll have solid third party custody by September
of this year.”
U.S. based crypto exchange giant, Coinbase, is
opening an office in Portland, Oregon, according to an announcement today. The company also expects to add 100 jobs to
the local economy within their first year.
The potential
of cryptocurrency and blockchain technology is energizing a passionate group of
people around the world, and we know those people are not all centralized in
Silicon Valley. We signed a 7-year lease on the new Portland office and
renovations will break ground in the coming weeks.
Germany’s
solarisBank now allows crypto and blockchain companies in the European Economic
Area (EEA) to conduct business with its new “Blockchain Factory”. One service the Blockchain Factory
will offer is the “Automated Trust Account”, which is an automated escrow
account for cryptocurrency marketplaces and eases the buying and selling of
fiat currencies. solarisBank CEO Roland Folz explains the niche the bank will
be filling:
"There is
high demand from the blockchain world for a licensed partner that forms the
technological and regulatory bridge to traditional banking - as a technology
company with a banking licence we are the natural partner.”
Sam Mowers, Investorideas
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
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www.Investorideas.com is a meeting place for global
investors, featuring news, stock directories, video, podcasts, company
profiles, interviews and more in leading sectors. Sectors we cover include tech
(AI, drones, internet of things) , payments, crypto and blockchain, biotech,
mining, energy, renewable energy, water , marijuana and hemp stocks, food and
beverage, defense and security (biometrics/cyber) ,Latin America, sports,
entertainment, luxury brands and gaming.
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
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. 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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.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
Contact Investorideas.com
800-665-0411
Investorideas.com - #Cleantech Stocks, #Mining Stocks and New #Blockchain ETF added to Investor Ideas; $ECCTF, $POND.V, $SXX.C and $BKCH.TO
Investorideas.com - #Cleantech Stocks, #Mining Stocks and New #Blockchain ETF added to Investor Ideas; $ECCTF, $POND.V, $SXX.C and $BKCH.TO
Investorideas.com, a global news source and leading
investor resource covering actively traded sectors announces this week’s
additions to its global stock directories in green stocks
(environment and renewable energy), mining stocks and a blockchain ETF.
investor resource covering actively traded sectors announces this week’s
additions to its global stock directories in green stocks
(environment and renewable energy), mining stocks and a blockchain ETF.
Investorideas.com tracks companies in high-profile
trading sectors and makes ongoing additions to its stock directories for its members. Free previews of all
directories are available to the public with full login access only accessible
to members.
trading sectors and makes ongoing additions to its stock directories for its members. Free previews of all
directories are available to the public with full login access only accessible
to members.
Thursday, June 28, 2018
#CryptoCorner: #Japan’s LINE to Launch #BITBOX Exchange, South Korea Publishes New Regulations, #Huobi Expands to London and #Binance Opening in Uganda
#CryptoCorner: #Japan’s
LINE to Launch #BITBOX Exchange, South Korea Publishes New Regulations, #Huobi
Expands to London and #Binance Opening in Uganda
Point Roberts, WA, Delta BC – June 28, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto Corner – June 28, 2018
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/06281LINE-BitBox-Huobi-Binance.asp
Japan’s LINE to Launch BITBOX Exchange, South Korea Publishes New Regulations,
Huobi Expands to London and Binance Opening in Uganda
Japanese messaging app, LINE, announced today plans to launch a cryptocurrency exchange called BITBOX. The
exchange is set to launch in July 2018 and will be available internationally
except in Japan and the U.S. The announcement boasts that BITBOX will offer “at
least 30 different cryptocurrencies such as Bitcoin (BTC)” and “15 languages
except Japanese”.
South Korea’s top financial regulator, the
Financial Services Commission (FSC) has published a new set of guidelines as a regulatory framework for cryptocurrency
exchanges. Focusing on anti-money laundering (AML), the guidelines highlight
the principles of Customer Due Diligence (CDD) and Enhanced CDD (EDD).
The financial company should confirm the identity
information such as the real name of the counterparty of the financial
transaction (confirmation of the customer), and if the customer is concerned
about the money laundering activity, the transaction purpose and fund source
should be additionally confirmed Confirmed customer)
Chinese crypto exchange giant Huobi will be
expanding to London and has confirmed over-the-counter (OTC) trading to start
in Q3 of this year, according to a report on Cointelegraph. Following the lead of exchanges like Binance, Huobi has made expansion
into Europe one of its top priorities.
“London was
selected as the first office in Europe, due to its preeminence as a global
financial center and the largest cryptocurrency trading centre in the region
with an active blockchain community and fast developing market,” the exchange wrote
in praise of the local UK landscape.
In another exclusive with
Cointelegraph, Changpeng Zhao, CEO and founder of Binance, has announced that
the exchange giant will be expanding to Uganda. Zhao indicated the state of
Ugandans relationship with banking and how it may be ideal for crypto adoption.
“Uganda [is a]
really interesting situation, only 11 percent of the population has bank
accounts. It’s both a challenge and an opportunity. So it may be easier to
adopt cryptocurrency as a form of currency instead of trying to push for bank
adoption. It’s an interesting experiment - Africa’s a big market, that’s why
we’re there.”
Sam Mowers, Investorideas
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Ideas
www.Investorideas.com is a meeting place for global
investors, featuring news, stock directories, video, podcasts, company
profiles, interviews and more in leading sectors. Sectors we cover include tech
(AI, drones, internet of things) , payments, crypto and blockchain, biotech,
mining, energy, renewable energy, water , marijuana and hemp stocks, food and
beverage, defense and security (biometrics/cyber) ,Latin America, sports,
entertainment, luxury brands and gaming.
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 investment
involves risk and possible loss of investment. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Contact each company directly regarding content and
press release questions. 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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.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
Contact Investorideas.com
800-665-0411
Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Updates Following Update on Flip, its contactless payment device for #Bitcoin
Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Updates Following Update on Flip, its contactless payment device for #Bitcoin
NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Updates Following Update on Flip, its contactless payment device for #Bitcoin
Alliance Global Partners Reiterates Buy Rating and $5 Price Target; Maxim Reiterates Buy Rating, $4.00
http://www.investorideas.com/CO/NXT/news/2018/06282Flip-Bitcoin.asp
NXT-ID, Inc. (NASDAQ: $NXTD) Equity Research Updates Following Update on Flip, its contactless payment device for #Bitcoin
Alliance Global Partners Reiterates Buy Rating and $5 Price Target; Maxim Reiterates Buy Rating, $4.00
http://www.investorideas.com/CO/NXT/news/2018/06282Flip-Bitcoin.asp
NXT-ID (Nasdaq: $NXTD) Subsidiary FitPay® Provides Product Update on Flip – a Contactless Payment Device for #Bitcoin; @FlipToPay
NXT-ID (Nasdaq:
$NXTD) Subsidiary FitPay® Provides Product Update on Flip – a Contactless Payment
Device for #Bitcoin; @FlipToPay
MELBOURNE, Florida, June 28, 2018 – Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today provided an update on the development of FlipTM,
a new contactless payment device that enables Bitcoin holders to use the value
of their currency to make contactless purchases at millions of retail locations.
Michael Orlando, COO of
NXT-ID and President of Fit Pay, Inc. provided the following product update on
Flip:
“We are very excited to
report that the initial production run of the Flip payment device as well as the
end-to-end testing of the digital wallet and Bitcoin exchange integration to
enable the device have all been completed. This represents tremendous progress
in bringing this unique cryptocurrency payment device to market.
“Because Flip is a
brand-new payment device, it requires card network and bank approval. We have
been working hard to secure those approvals and now expect to ship the initial
pre-orders within the coming weeks and go into mass production soon after.”
Flip’s near field
communication (NFC) antenna allows it to transact payments at any retail point
of sale location that accepts contactless payments. Flip stores a preloaded
amount of U.S. dollars that are exchanged from the user’s existing Bitcoin
account. Flip includes a digital wallet that allows the user to set how much
value they would like their Flip to hold and when they would like it to reload.
Flip does not need to be charged.
Consumers interested in purchasing
Flip can pre-order the device at FliptoPay.com. The retail price for
Flip is $29 with standard shipping included. There are account and exchange fees
associated with maintaining a Flip digital wallet. Flip is currently only
available in the United States. For more information or to order Flip, visit FliptoPay.com.
NXT- ID, Inc. and Fit Pay, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform
of technology products and services that enable the Internet of Things (IoT). With
extensive experience in access control, biometric and behavior-metric identity
verification, security and privacy, encryption and data protection, payments,
miniaturization and sensor technologies, NXT-ID develops and markets
groundbreaking solutions for payment and IoT applications. Its industry-leading
technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers'
mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration
with WorldVentures. NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a
manufacturer and distributor of non-monitored and monitored personal emergency
response systems ("PERS") sold through dealers/distributors and the
United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology
platform that delivers end-to-end solutions to device manufacturers for
contactless payment capabilities, credential management, authentication and
other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric
identification and authentication. Learn more about NXT-ID at www.nxt-id.com. NXT-ID
Inc. Corporate Contact: info@nxt-id.com. FitPay
and the FitPay Payment Platform are trademarks of Fit Pay, Inc.
Forward-Looking
Statements for NXT-ID: This
press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
reflect management's current expectations, as of the date of this press
release, and involve certain risks and uncertainties. Forward-looking
statements include statements herein with respect to the successful execution
of the Company's business strategy. The Company's actual results could differ
materially from those anticipated in these forward-looking statements as a
result of various factors. Such risks and uncertainties include, among other
things, our ability to establish and maintain the proprietary nature of our
technology through the patent process, as well as our ability to possibly
license from others patents and patent applications necessary to develop
products; the availability of financing; the Company's ability to implement its
long range business plan for various applications of its technology; the
Company's ability to enter into agreements with any necessary marketing and/or
distribution partners; the impact of competition, the obtaining and maintenance
of any necessary regulatory clearances applicable to applications of the
Company's technology; and management of growth and other risks and
uncertainties that may be detailed from time to time in the Company's reports
filed with the Securities and Exchange Commission.
D.
Van Zant
1.800.665.0411
This news is published on the
Investorideas.com Newswire - a global digital news source for investors and
business leaders
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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 investment involves risk and
possible loss of investment. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Contact each company directly regarding content and press release
questions. 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. More
disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news
publication and PR client of Investorideas.com. Renewed October 1, 2017 - see
details at http://www.investorideas.com/About/News/Clientspecifics.asp
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