Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Friday, April 5, 2019

#CryptoCorner: Market Mostly Recovers from Wednesday Tumble, Coinsquare to Introduce Canadian Dollar Stablecoin



#CryptoCorner: Market Mostly Recovers from Wednesday Tumble, Coinsquare to Introduce Canadian Dollar Stablecoin



Point Roberts, WA, Delta BC April 5, 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:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml


As we enter the weekend, the crypto market has rebounded somewhat after slipping from its Wednesday peak of $185 billion. Despite sinking to about $169 billion later on Wednesday, the market has climbed back to a total market capitalization of $175 billion at press time, according to CoinMarketCap. Even with the Wednesday tumble, total market capitalization is still sitting a full $32 billion higher than a week ago. Bitcoin (BTC) is currently trading for $5015, Ether (ETH) for $164, XRP for $0.36, Litecoin (LTC) for $88 and Bitcoin Cash (BCH) rounds out the top five coins by market cap with a trading price of $294.

Canadian crypto exchange Coinsquare has announced that it will launch the first stablecoin pegged to the Canadian dollar, called eCAD. Users will be able to purchase eCAD for the same price as a Canadian dollar, and one dollar will be held in reserve for every eCAD created. Cole Diamond, CEO of Coinsquare, said:

“We are thrilled to announce the first step of our plan to bring stability and opportunity to the Canadian cryptocurrency market. The launch of eCAD™ will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability in the traditional cryptocurrency market.”

Crypto exchange giant Coinbase has been ranked #35 of LinkedIn’s list Top Companies 2019: Where the U.S. wants to work now. Under the “What may surprise you” heading, the publication points out that “Employees can choose to be paid partially or entirely in bitcoin” and that “roughly 40% of staff have some portion of their paycheck allocated to cryptocurrency”.

Local Montana news outlet Missoulian reports that the Missoula County Board of Commissioners voted to impose new regulations on cryptocurrency companies in the county. Among the requirements brought on by the regulations is for companies to purchase or build new sources of renewable energy to offset 100 percent of their energy demands. Commissioner Dave Strohmaier said:

“There are buyers for the power, so it’s not as though this is renewable energy that is otherwise being wasted. Near as I can tell cryptocurrency is using exponentially more energy; it’s a grotesque amount of energy and we’ve got to take steps to address it.”



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)
@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


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
800-665-0411






No comments:

Post a Comment

Crypto Mining Stocks Are on the Recovery Path as Major Players Record Upto 130% Recovery in the Last Month

Crypto Mining Stocks Are on the Recovery Path as Major Players Record Upto 130% Recovery in the Last Month