#CryptoCorner: #Blockchain #Stocks Rise Alongside Crypto Rally, BitGo Announces Digital Asset Insurance Through Lloyd’s

#CryptoCorner: #Blockchain #Stocks Rise Alongside Crypto Rally, BitGo Announces Digital Asset Insurance Through Lloyd’s

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

Point Roberts, WA, Delta BC -  February, 20 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Subscribe to Podcast RSS feed:

February 20 Crypto Corner

Blockchain Stocks Rise Alongside Crypto Rally, BitGo Announces Digital Asset Insurance Through Lloyd’s, SEC Reviewing Two Different Bitcoin ETFs and Wyoming Passes Three Crypto Bills
Stocks discussed: (NasdaqCM:NXTD) (TSXV:HIVE) (NasdaqCM:MARA) (NasdaqCM:RIOT)

In tandem with yesterday’s rally in the crypto market, many crypto and blockchain stocks showed a similar surge, exhibiting higher prices and above average trading volumes. NXT-ID, Inc. (NasdaqCM:NXTD) had grown 13.3 percent, reaching a trading price of $1.32 and a volume of nearly 1.5 million when markets closed. Hive Blockchain Technologies Ltd. (TSXV:HIVE) grew 19.51 percent, reaching a trading price of $0.08 and a volume of nearly 3.5 million. Marathon Patent Group, Inc. (NasdaqCM:MARA) grew 36.43 percent, reaching $0.73 per share and a volume of 5.4 million. And Riot Blockchain, Inc. (NasdaqCM:RIOT) grew 34.82 percent, reaching a trading price of $3.33 and a volume of 20 million when markets closed. Riot has continued its growth into this morning with a trading price of $3.86 at press time.

Digital financial services provider, BitGo, has announced that it will offer comprehensive insurance protections for cryptos and digital assets through Lloyd’s of London. The press release indicates that assets held by BitGo, Inc. or BitGo Trust Company will be insured through Lloyd’s for up to $100 million USD. BitGo CEO Mike Belshe said:

“This is the most complete insurance offering in the industry. It is not always easy for some clients to understand under what circumstances their investments are insured and to what extent their loss would be covered. We are changing that by being more transparent than any other company about the terms of our coverage. Transparency and accuracy is essential for building trust in the market.”

CoinDesk reports that the U.S. Securities and Exchange Commission (SEC) is currently reviewing two different Bitcoin ETF proposals. The VanEck/SolidX proposal filed with Cboe BZX Exchange and a proposal from Bitwise Asset Management with NYSE Arca are both being considered. Matt Hougan, Bitwise global head of research told CoinDesk:

“A little more than year ago, we didn’t have futures. A year ago we didn’t have nearly as many firms making markets. A few months ago, you didn’t have folks like Fidelity announced in the space. It’s evolving really, really quickly.”

The U.S. state of Wyoming has passed three separate bills relating to blockchain and crypto in the past week. Bill SF0125, signed yesterday, classifies digital assets within existing property laws and clarifies how financial institutions can work with crypto. Additionally, passed on Friday, Bill HB0185 deals with the issuance of tokens while Bill HB0074 addresses the role of banks in the crypto space.

Sam Mowers, Investorideas

Read other editions of the 
Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

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/

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  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

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 https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com 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 Investorideas.com 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 . Investorideas.com 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,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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 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  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/

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

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com