#CryptoCorner: Market Descends Further, Dash @Dashpay Partners with Tradecore, #Square Reports a Doubling of #Bitcoin Profits and Australian Province Invests in #Crypto Startup
#CryptoCorner: Market Descends
Further, Dash @Dashpay Partners with Tradecore, #Square Reports a Doubling of
#Bitcoin Profits and Australian Province Invests in #Crypto Startup
August 2nd #CryptoCorner and Podcast sponsored by Crypto
payment tech, #Flip @FlipToPay ($NXTD)
and #AI, #IoT, #Blockchain, #Crypto Tech Company Gopher Protocol (OTCQB: $GOPH)
Point Roberts, WA, Delta BC –August 2, 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, now available in podcast.
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Corner for August 2, 2018
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/08021Dash-Tradecore-Square-Bitcoin.asp
Market Descends Further, Dash @Dashpay Partners with Tradecore, #Square
Reports a Doubling of #Bitcoin Profits and Australian Province Invests in
#Crypto Startup
Bitcoin (BTC) has continued to sink over the past
day, going from $7650 USD at the time of yesterday’s Crypto Corner to about
$7530 USD at press time, according to CoinMarketCap. The vast majority of altcoins are in the red as
well with the total market cap valued at about $266 billion USD.
Crypto Corner recently interview Ryan Taylor, CEO
of Dash Core Group, about Dash’s new partnership with software company
Tradecore. The partnership was actualized through Dash’s existing relationship
with Blockcypher, which Taylor describes as “a web services company that
basically helps other companies to integrate digital currencies into their own
platforms”. Taylor explained how the partnership with Tradecore enables financial service providers and
businesses to utilize major cryptocurrencies such as Dash.
“Tradecore is basically a brokerage software
company. They provide software to companies that basically don’t want to
develop their own infrastructure for their brokerage services,” he said. “They
were looking to add Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Dash
(DASH).”
“What this will allow us to do is now have Dash
available directly into brokerage platforms across Europe. So, the aim now is
to get some of those brokerages that use Tradecore’s tools to add this service
and offer it to their clients.”
Payments company Square, which adopted Bitcoin
transactions to its platform late last year, has reported a doubling of profits
from the cryptocurrency in Q2 this year over the first quarter. The quarterly financial statement released yesterday indicates that Square made $37
million USD in revenue from Bitcoin, but that most of that was spent on costs
associated with adoption. Profit from trading the flagship cryptocurrency
totalled $420,000 USD in Q2, up from just $223,000 USD in the previous quarter.
According to a media statement released yesterday, the government of Australian
province Queensland has approved a grant to a startup company planning to
utilize cryptocurrency to sell travel experiences. TravelByBit is one of 70
companies sharing in the $8.3 million AUD grant. Innovation Minister Kate Jones
explained the decision:
“Tourism is
one of Queensland’s most important industries. TravelbyBit has devised a clever
way to make it easier for visitors to our state to pay for their purchases with
a growing number of local businesses accepting cryptocurrency payments.”
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/
Gopher Protocol Inc. (OTCQB: GOPH)
is a development-stage company which consider itself a Native IoT
creator, developing Internet of Things (IoT) and Artificial Intelligence
enabled mobile technology. Gopher’s exclusive licensor filed a non-provisional
patent covering a proprietary GRC Blockchain-Based Radio Generated Digital
Currency on June 19, 2018. Additionally Gopher’s Avant! AI
technology has been designed to supervise the Blockchain System to keep
records of all data exchanges. The AI system will be embedded as an integral
part of Gopher’s digital coin Blockchain system.
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