#CryptoCorner: Market Down from Weekend Peak, Brazil’s Largest Brokerage to Reluctantly Launch #Crypto Exchange, Gemini May Expand to UK and Juventus to Launch Fan Token
September 24th CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App
Point Roberts, WA and Delta, BC - September 24, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, now available in podcast.
Listen to today's Crypto Corner Podcast:
#CryptoCorner: Market Down from Weekend Peak, Brazil's Largest Brokerage to Reluctantly Launch #Crypto Exchange, Gemini May Expand to UK and Juventus to Launch Fan Token
Subscribe to Podcast RSS feed:
Market Down from Weekend Peak, Brazil’s Largest Brokerage to Reluctantly Launch Crypto Exchange, Gemini May Expand to UK and Juventus to Launch Fan Token
After a bit of excitement over the weekend, the market has dipped $10 billion USD from its $228 billion USD peak yesterday to just $218 billion USD in total market capitalization at press time. According to data from CoinMarketCap, most coins today are in the red, with Bitcoin (BTC) trading at $6626 USD and Ethereum (ETH) at $233 USD. XRP, which briefly overtook Ether's market cap on Friday, is ranked at third once again and trading for $0.52 USD with a valuation of $20.9 billion USD.
Bloomberg reports that Grupo XP, Brazil's largest brokerage, will reluctantly launch a crypto exchange. The company's CEO, Guilherme Benchimol, announced the plans at an event in Sao Paulo, pointing out that 3 million people in Brazil have exposure to Bitcoin, as opposed to the just 600,000 who invest in the stock market. Benchimol did not sound terribly keen on the project, however, when he said:
"I must confess, this is a theme I'd rather didn't exist, but it does. We felt obligated to start advancing in this market."
All the same, Grupo XP is pushing ahead and will call the new exchange XDEX. It will be led by Thiago Maffra and will employ around 40 people.
Meanwhile, the Financial Times reports that Cameron and Tyler Winklevoss are entertaining a Gemini expansion to the UK. Gemini, which is one of the largest crypto exchanges in the world by trading volume, has reportedly recruited advisers to consult on a possible British expansion, according to sources close to the project. Another source said the company will file an application with the UK's financial regulator for approval. However, despite what sources revealed, Gemini is quoted on record in the Financial Times piece, saying:
"Although we have no immediate plans, we ... will always evaluate opportunities that allow the global economy to buy, sell and store digital assets in a regulated, secure and compliant manner."
Italian football (soccer) club Juventus has announced the launch of its own fan token in collaboration with blockchain platform Socios.com. The token enables fans to engage with the team through mobile voting and polling on the platform. This follows news earlier in September, when Socios.com announced a partnership with Paris Saint-Germain for its own fan token. Socios.com CEO and founder Alexander Dreyfus commented on the venture, and the company's long term goals:
"As one of the biggest and most successful football clubs in the world, I am delighted that Juventus has chosen to work with Socios.com, and to seek the rewards that our innovative blockchain technology has to offer.
"Our long-term aim is to onboard more than 50 football clubs and we hope to inject an additional $300 million into the sports economy over the next few years. We have started at the very top, with some of the biggest names in football, and our ambition is to build the world's biggest global football community and marketplace for football fans alongside demonstrating that blockchain and cryptocurrency is the trusted technology of the mainstream."
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/
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.
The powerful GBTDesk aggregator ensuring exchange of cryptocurrencies for fiat currencies under smart contracts without intermediaries is a key element of GBT.
Download the Genesis Exchange and Wallet App at Google Play
https://play.google.com/store/apps/details?id=com.genesismobile
https://play.google.com/store/apps/details?id=com.genesismobile
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 Stock Guru daily podcast on Support and Resistance Trading.
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: https://www.investorideas.com/Audio/
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: https://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: https://www.investorideas.com/About/News/Clientspecifics.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
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
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Contact Investorideas.com
800-665-0411
No comments:
Post a Comment