#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 .
Listen
to today’s Crypto Corner Podcast: https://www.investorideas.com/Audio/Podcasts/2019/040519-CryptoMarket.mp3
Read
this in full at https://www.investorideas.com/news/2019/crypto-corner/04051Coinsquare-Stablecoin.asp
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
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
Contact
Investorideas.com
800-665-0411
Comments
Post a Comment