#CryptoCorner: #Bitbull Capital CEO Says JPM Coin Is “Vote of Confidence for Blockchain”, Coinbase Addresses BSV
#CryptoCorner:
#Bitbull Capital CEO Says JPM Coin Is “Vote
of Confidence for Blockchain”, Coinbase Addresses BSV
Crypto payment tech, #Flip @FlipToPay ($NXTD) and
Genesis Exchange and Wallet App @GenesisBlockch Sponsor February 15th
edition
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February
15
Crypto Corner
Bitbull Capital CEO Says JPM Coin Is “Vote of
Confidence for Blockchain”, Coinbase Addresses BSV, GM Partners with Spring
Labs, Coinsquare Acquires StellarX and Liechtenstein Postal Service to
Introduce Crypto Exchange
Stocks discussed: (NYSE:JPM) (NYSE:GM)
Joe DiPasquale, CEO
of crypto hedge fund manager Bitbull
Capital,
commented that J. P. Morgan’s (NYSE:JPM) recently
announced
digital token, JPM Coin, could spur energy in the blockchain sector and could
even challenge the likes of Ripple (XRP):
"JP Morgan's launch of JPM Coin is a
vote of confidence for blockchain technology, and yet another indication that
blockchain and cryptocurrencies are part of the future of finance.
JPM Coin may even be able to compete with
Ripple (XRP) in the future, and given JP Morgan's reputation and branding, it
may be more successful in garnering support and adoption from major financial
institutions, compared to Ripple or Stellar (XLM)."
Crypto exchange
giant Coinbase has issued a statement addressing Bitcoin
SV (BSV), the resulting coin from the Bitcoin Cash (BCH) hard fork in
November last year.
“Coinbase does not support purchases or
sales of BSV, so customers cannot sell their BSV for fiat currency on Coinbase.
They may send their BSV balance to an external wallet…”
Forbes recently reported
that General Motors (NYSE:GM) GM Financial has
partnered with blockchain startup Spring Labs. The two companies are working
together to reduce identity theft. Spring Labs CEO Adam Jiwan told Forbes:
“We came together with the view that we
could develop a series of use cases that would match some of [GM Financial’s]
core business priorities as a lender, or potentially [those of] GM as a parent
company.”
Canadian crypto
exchange Coinsquare has acquired decentralized exchange app StellarX, according
to a press
release
yesterday. Cole Diamond, CEO of Coinsquare, commented:
“We are deeply committed to ensuring that
the cryptocurrency market thrives, and adoption is key. Stellar is the fastest
payment network in the world and we see enormous potential to create industry
leading services on StellarX to further broader adoption.”
According to an official
announcement,
starting today, Liechtenstein’s postal service will introduce cryptocurrency
exchanging as a new service at post offices. Beginning with Bitcoin (BTC), the service will
later expand to include other cryptocurrencies.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to
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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
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