#CryptoCorner: Market Turns Green, Crypto Browser Brave Hits 20 Million Downloads
#CryptoCorner:
Market Turns Green, Crypto Browser Brave
Hits 20 Million Downloads
March 5th #CryptoCorner sponsored by Crypto payment
tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts WA, Delta BC, March 5, 2019 - Investorideas.com, a leader in crypto and
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March
5 Crypto Corner
Market Turns Green, Crypto Browser Brave Hits 20
Million Downloads, Mining Revenue Returning, Starbucks and Bakkt Might See
Indirect Crypto Transactions and Bahrain Courts Indian Fintech Firms
Stocks discussed: (NasdaqGS:SBUX)
The crypto market
seems to have shaken off the slump which began on Sunday night and carried
through most of yesterday. At press time, total market capitalization has
rallied around $7 billion from the yesterday’s bottom of $125 billion to its
present value of nearly $133 billion, according to data from CoinMarketCap.
Consequently most of the top listed coins by market cap are in the green with
Bitcoin (BTC), Ether (ETH) and XRP growing 3.5, 8.2 and 3.5 percent,
respectively. More impressive, however, were EOS, Litecoin (LTC) and Binance Coin (BNB), which grew 16, 15.4 and 17.6 percent,
respectively.
Blockchain-based
web browser app Brave has now reached 20 million downloads, according to data
from AppBrain. This volume puts the app in the top
one percent of downloads for Android apps. Brave represents an important
alternative to established browsers as it pays users for viewing ads in an
opt-in/opt-out basis with its native cryptocurrency Basic Attention Token (BAT).
According to
industry outlet Diar, Bitcoin mining revenues are beginning to
show signs of recovery. The space experienced a 19-month low last month, with
under $195 million in revenue generated. To contrast, the report points out
that at the market peak in December 2017, revenue from fees alone generated
more than $295 million. Looking forward, the report said:
“With
gross margins now having a little more breathing room, it is likely that mining
operations will increase capital expenditure on the latest mining equipment in
order to stay ahead.”
Cointelegraph reports that Starbucks (NasdaqGS:SBUX)
may end up accepting cryptocurrencies indirectly through its partnership with
crypto platform Bakkt. Citing information from The Block, the report said:
“Starbucks will wait to activate the
crypto-fiat coffee purchase abilities until after Bakkt’s platform has launched
and shown a capacity for holding and storing crypto.”
The Economic Times reports that Bahrain, in an
effort to establish itself as a Middle East tech hub, has invited Indian
fintech firms into the region for opportunities for “for open banking,
blockchain, crypto assets, robo advisory and remittances.” Dalal Buheiji,
senior manager at Bahrain’s Economic Development Board (EDB) called India a key
market. She also spoke of an EDB “roadshow” in Mumbai for December that would
“attract fintech companies”.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Crypto Corner Sponsors:
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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)
@GenesisBlockch
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
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