Crypto Corner: 'Bitcoin' Google Searches Highest Since April, NYSE Chairman Says #Crypto Will Survive, UAE Commits to Two #Blockchain Initiatives
November 29th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - November 29, 2018 (Investorideas.com Newswire) 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.
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Crypto Corner: 'Bitcoin' Google Searches Highest Since April, NYSE Chairman Says #Crypto Will Survive, UAE Commits to Two #Blockchain Initiatives
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'Bitcoin' Google Searches Highest Since April, NYSE Chairman Says Crypto Will Survive, UAE Commits to Two Blockchain Initiatives and Steemit Lays of 70% of Staff Following Market Crash
Stocks discussed: (NYSE:ICE)
It appears that the recovery seen yesterday is holding for now, as total market capitalization at press time is about $139 billion USD, up two billion from yesterday's Crypto Corner, according to data from CoinMarketCap.
In the wake of this recovery, CoinDesk reports that Google searches for "bitcoin" have reached their highest level since the first week of April this year. The latest search data totals 17 percent of the search volume set from Dec 17-23 when Bitcoin (BTC) was trading at its peak for around $20,000 USD.
CNBC reports that Jeff Sprecher, the chairman of the New York Stock Exchange (NYSE) and CEO of its parent company Intercontinental Exchange (NYSE:ICE), spoke favourably about the fate of cryptocurrencies at the Consensus: Invest conference on Tuesday. Sprecher said that cryptocurrencies are here to stay but did not want to speculate on trading prices.
"Will digital assets survive? The unequivocal answer is yes. As an exchange operator it's not our objective to opine on prices."
The government of the United Arab Emirates (UAE) has committed to two initiatives regarding blockchain and also AI technology, according to a report from Emirates News Agency. At the UAE Annual Meetings in Abu Dhabi, the government announced the launch of the AI and Blockchain Guide initiative, which "aims at providing a standardised definition of Artificial Intelligence and Blockchain on the federal level." Additionally, the meeting saw the announcement of the National Programme for AI and Blockchain Capacity Building, which "aims at providing educational university programmes and scholarships in the field of artificial intelligence and Blockchain, in cooperation with the Ministry of Higher Education."
Blockchain-based social media platform Steemit is laying off more than 70 percent of its staff following the recent market crash, according to a Youtube post by company CEO Ned Scott. Steemit is run off the Steem blockchain and users and content creators are rewarded with the native STEEM token.
Sam Mowers, Investorideas
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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/
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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
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