Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Wednesday, August 14, 2019

#CryptoCorner: BTC Loses $11K Support as Trade War Cools, Samsung adds BTC Support, Barclays Ends Relationship with Coinbase and #Crypto Payments Startup Flexa Partners with CoinSquare to Come to Canada



#CryptoCorner: BTC Loses $11K Support as Trade War Cools, Samsung adds BTC Support, Barclays Ends Relationship with Coinbase and #Crypto Payments Startup Flexa Partners with CoinSquare to Come to Canada




Point Roberts, WA, Delta BC,  August 14, 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 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: 



Subscribe to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

August 14 Crypto Corner

Stocks discussed: (KSE:005930) (NYSE:BCS)

Bitcoin (BTC) took a bit of a tumble yesterday, dropping from a trading price of around $11,000 USD about this time yesterday, down roughly five percent to a present trading price of $10,500 USD, according to CoinMarketCap. If we zoom out, we see that this is part of an unsteady decline over the past week, which Bitcoin started with a trading price closer to $12,000. Some, like Euro Pacific Capital CEO Peter Schiff, argue that this drop in price is a result of the U.S. - China trade war cooling off as of late. Schiff tweeted:

Now that trade tension with China has eased, the pressure on the yuan is off.  Those who bought Bitcoin to speculate on Chinese safe haven buying, which never happened, are taking their chips off the table.

According to an update on its Developers website, Samsung (KSE:005930) has added Bitcoin support to its Blockchain Keystore. The Keystore is currently supported on the Galaxy S10e, S10, S10+, S10 5G, Note10 and Note10+, in Canada, Germany, South Korea, Spain, Switzerland, the U.S. and the U.K.

CoinDesk reports that banking giant Barclays (NYSE:BCS) is no longer working with crypto exchange Coinbase. Formerly, Barclays connected Coinbase to the U.K. Faster Payments Scheme (FPS), which allowed users to instantly withdraw and deposit British pounds at the exchange. Coinbase has since moved on and is working with upstart ClearBank, which is “expected to restore Coinbase’s FPS access by the end of the third quarter”. A UK crypto company CEO, who chose to remain anonymous, told CoinDesk:

“It is my understanding that Barclays’ risk appetite has contracted a little – I’m not sure exactly why or what’s been driving that, maybe there has been some activity they are not happy with. But it’s about Barclays’ comfort level with crypto as a whole.”

U.S.-based crypto payments startup Flexa announced in a blog post yesterday, that it is partnering with Canadian crypto exchange CoinSquare. According to the post, this will bring:

…instant cryptocurrency payments online in 7,500+ merchant locations across Canada (including some of the nation’s largest retail, entertainment, and fuel brands) by the first week of September.


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/






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. 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

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

Contact Investorideas.com
800-665-0411




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 

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