#CryptoCorner: Only 2% of US Adults Polled Trust Libra (NASDAQ: $FB) More Than Bitcoin, Ripple Sold Over $250 Million of XRP in Q2, TD Ameritrade (NASDAQ: $AMTD) CEO Says Investor Interest in #Bitcoin is Rising
#CryptoCorner: Only 2% of US Adults Polled Trust Libra (NASDAQ:
$FB) More Than Bitcoin, Ripple Sold Over $250 Million of XRP in Q2, TD
Ameritrade (NASDAQ: $AMTD) CEO Says Investor Interest in #Bitcoin is Rising
Point Roberts WA, Delta BC, July 25, 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/2019/072519-CryptoMarket.mp3
Read
this in full at https://www.investorideas.com/news/2019/crypto-corner/07251FB-Ripple-AMTD.asp
Subscribe
to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml
Stocks
discussed: (NasdaqGS:FB) (NasdaqGS:AMTD)
A report published by CivicScience indicates that Americans are largely
uninterested in Facebook’s (NasdaqGS:FB) Libra cryptocurrency, and most of
them trust Bitcoin (BTC) more. Citing a survey of 1,799 adults in
the U.S., the piece found that only 5 percent of them had any interest in
Libra, with 86 percent claiming to be “Not at all interested”. Furthermore,
when compared to Bitcoin and other similar cryptocurrencies, a mere 2 percent
claimed to trust Libra more.
According to its Q2 2019 report, Ripple sold some $251.51 million USD
worth of XRP in the second quarter this year. The total
sales represent a growth of 122.86 percent over Q1 and comprises $106.87
million in institutional direct sales and $144.64 million in programmatic
sales. An excerpt from the report describes how Ripple plans to calibrate its
institutional sales of XRP moving forward:
Ripple
decided to pull back from providing XRP over-the-counter at scale toward the
end of Q2, in light of the OTC desks’ ability to source institutional demand
for XRP in the open markets. Going forward, Ripple plans to focus institutional
sales on markets where the on-exchange liquidity for XRP is insufficient to
meet institutional demand.
In an interview with The Street, outgoing CEO of online brokerage
firm TD Ameritrade (NasdaqGS:AMTD), Tim Hockey, said that interest
from investors in Bitcoin is on the rise in the wake of the price rebound and
the announcement of Libra. Hockey said that his own firm is taking a
"crawl, walk, run approach" to the crypto market.
"There
is a lot of regulatory scrutiny, whether it be for Libra or crypto generally.
We would like to be able to participate, but we want to be comfortable with the
risk to our clients and ourselves in a world where crypto has still got lots of
debate about a number of items that we're all hearing about."
U.S. presidential
candidate Andrew Yang can accept campaign donations in bitcoin, thanks to the
formation of a crypto-friendly super PAC called Humanity Forward Fund
yesterday. The PAC’s founder, Seth Cohen, told CoinDesk that it would exclusively accept the
donations in bitcoin for the first 21 days, after which fiat contributions
could be made. Yang, who is currently campaigning to be the Democratic Party
nominee for 2020, has outlined his plan for cryptocurrency on his website:
As President, I will…
● Promote legislation that provides
clarity in the cryptocurrency/digital asset market space by:
● Defining what a token is, and when it
is a security (e.g., recognizing “utility tokens”)
● Define which federal agencies have
regulatory power over the crypto/digital assets space
● Provide for consumer protections in
the space
● Clarify the tax implications of
owning, selling, and trading digital assets
● Promote the nationwide adoption of
recognition of protections afforded by a series LLC
● Preempt state regulations, when
possible, to create one national framework
●
Work
with the sponsors of the Token Taxonomy Act and Wyoming legislators to promote
the above, largely modeled after their work.
Sam Mowers, Investorideas
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 , @GbtTechnologies
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
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 investing involves risk and possible
losses. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. 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. 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
Contact management and IR of each company
directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global investors must adhere to regulations
of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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
Learn more about
our news, PR and social media services at Investorideas.com
Contact Investorideas.com
800-665-0411
Comments
Post a Comment