Wednesday, May 15, 2019

#CryptoCorner: ETH Surges While BTC Holds Around $8K, Binance Back Open for Trading, Cryptopia Goes Into Liquidation and eBay Denies Crypto Rumours


#CryptoCorner: ETH Surges While BTC Holds Around $8K, Binance Back Open for Trading, Cryptopia Goes Into Liquidation and eBay Denies Crypto Rumours




Point Roberts WA, Delta BC, May 15, 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:  



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

May 15 Crypto Corner

Stocks discussed: (NasdaqGS:EBAY) (NasdaqGS:AMTD)

Over the last day Bitcoin (BTC) has remained fairly stable, modestly rising and dipping below the $8000 trading price. At press time, the flagship cryptocurrency is trading for $7965 according to CoinMarketCap, which is about 1.3 percent lower than 24 hours ago. Altcoins, on the whole, have performed better, with the vast majority of the top 99 listed by market cap in the green this morning. Of particular note is Ether (ETH), which has grown some 11.3 percent in the past day, reaching a trading price of $230 and a market cap of $24 billion. The general growth of altcoins has reduced Bitcoin’s market dominance down to about 57 percent from yesterday’s near 60 percent.

Crypto exchange Binance has posted an update confirming that their system upgrade has completed and that trading activity has resumed as of 1:00 PM UTC. In addition to the upgrade, the exchange is holding a promotion until May 18 in which users with trading volumes over 1 BTC across any trading pairs will split in a prize pool of 50,000 Binance Coin (BNB).

New Zealand-based crypto exchange Cryptopia has named audit firm Grant Thornton as its liquidator, as the former goes into liquidation. Cryptopia had been the target of a security breach and major hack in January this year, and as the announcement reveals, liquidation was chosen as the best move forward. Grant Thornton’s David Ruscoe, who along with Russell Moore was appointed as liquidator for Cryptopia, commented:

“We realise Cryptopia’s customers will want to have this matter resolved as soon as possible. We will conduct a thorough investigation, working with several different stakeholders including management and shareholders, to find the solution that is in the best interests of customers and stakeholders. Given the complexities involved we expect the investigation to take months rather than weeks.”
Bloomberg reports that eBay (NasdaqGS:EBAY) has rejected rumours that it will accept cryptocurrencies as payment. A spokesperson for the company said on Monday, “Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy”. Additionally, TD Ameritrade (NasdaqGS:AMTD) denied rumours that it was piloting crypto trading on its platform. Sunayna Tuteja, head of digital assets at TD Ameritrade, told Bloomberg:

“Currently we’re not. We have what we call paperMoney, which is what our clients can try for trading strategies. It was a simulation. So there was no actual execution.”


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/




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.comCryptocurrencyinvestorideas.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

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: