- #CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3 - #CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3

#CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3

#CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App

Point Roberts, WA and Delta, BC - October 26, 2018 ( Newswire), 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.
Listen to today's Crypto Corner Podcast:

#CryptoCorner: #Bitfury and #Coinbase May Be Considering IPOs, Ripple #Report a Doubling of XRP Revenue from Q2 to Q3

Subscribe to Podcast RSS feed:

Bitfury and Coinbase May Be Considering IPOs, Ripple Report a Doubling of XRP Revenue from Q2 to Q3, India's Supreme Court Asks for 2-Week Deadline on Status of Crypto and Mastercard Applies for Patent for "Fractional Reserves of Blockchain Currency"

Stocks discussed: (NYSE:MA)

Bloomberg reports that crypto mining startup Bitfury is considering becoming Europe's first initial public offering (IPO) in the crypto space. Bitfury makes crypto mining gear and posted revenue of around $450 million USD for the 12 months ending in March of this year. Citing "people familiar with the matter", the report says that Bitfury has reached out to investment banks around the world, including London, Amsterdam and Hong Kong. The sources say Bitfury could seek a valuation of $3 billion USD to $5 billion USD. Representatives of the company have yet to comment.
CNBC Africa's host of Crypto Trader, Ran Neuner, tweeted that crypto exchange giant Coinbase will soon announce an IPO. On December 14, 2017, Coinbase president Asiff Hirji told CNBC that an IPO would most likely happen eventually.
"It is certainly in the interest of our investors…and the most obvious path of Coinbase is to go public at some point, but there's a lot for us to do between now and then, whenever that date is."
Ripple recently published a report which showed that revenues from the sale of its token XRP doubled in the third quarter from the second quarter of 2018. Total sales from Q3 clocked in at $163 million USD over the $73 million from Q2.
The Economic Times reports that India's Supreme Court has asked for a report on the legal status of cryptocurrency from the government within two weeks. Though crypto trading is not currently illegal in India, the country's central bank, the Reserve Bank of India (RBI), has ordered a stop to trading and discouraged its use.
A newly published application shows that Mastercard (NYSE:MA) wants to patent "a method for managing fractional reserves of blockchain currency". A report on Bitcoin Exchange Guide comments on the surprising nature of this move.
Anyone that knows the history of cryptocurrency is probably seeing some red flags, considering that one of the issues that Bitcoin was supposed to fix is fractional reserve banking. Most crypto enthusiasts would rather see this type of banking completely erased from the financial industry, and they don't appreciate currency that is founded in debt.
The report goes on to say:
Mastercard seems to believe that there is a lot to be gained in combining crypto tech with traditional tech, and their system would most likely include the current payment networks and products in place.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors: - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
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. - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at

More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals and
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary
About - News that Inspires Big Investing Ideas is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast .
The podcasts are also available on iTunes, Spotify, Tunein, Stitcher,, iHeartRadio and Google Play Music.
Visit the Podcast page at
Disclaimer/Disclosure: 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: Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: Learn more about Investor ideas podcast and news publication services and costs
Cryptocurrency Disclaimer news content is not meant to be a solicitation to buy or sell cryptocurrencies and 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 content brand
Please read privacy policy:
Learn more about our news, PR and social media services at
Follow us on Twitter