#CryptoCorner: BTC Teases $13K Trading Price as Market Surges, Opera Browser with Crypto Wallet Available for iPhone Users, Square (NYSE:SQ) Supports BTC Deposits
Point Roberts WA, Delta BC, June 26, 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 .
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Stocks discussed: (NYSE:SQ)
The bull run in the crypto market is persisting strongly with a massive spike in prices seen in the last 24 hours. At press time, total market capitalization is clocking in at about $371 billion USD, according to data from CoinMarketCap. This is the highest we’ve seen since May 2018, over a year ago. Currently, Bitcoin (BTC) holds about 62 percent market dominance after a staggering 24-hour growth of nearly 14 percent. The flagship cryptocurrency is currently trading for about $12,900 with a market cap of $230 billion. Ether (ETH), which decidedly ranks as the top altcoin, boasts growth of 11.5 percent in the last day, resulting in a market cap of $37 billion and a trading price of $346.
According to a blog post today, Opera has launched its web browser Opera Touch for iOS which features a built-in crypto wallet previously only available to Android and PC users. The browser also enables users to “seamlessly interact with the next generation of Web 3 applications on the Ethereum blockchain”. An excerpt from the blog post explains Web 3 and the significance of the browser’s crypto wallet:
Web 3 is an umbrella term for a set of emerging technologies intersecting cryptocurrencies, blockchains and distributed systems that, together, extend the capabilities of the Web we all use today in meaningful ways, allowing for example direct peer-to-peer payments between users and websites.
We believe that the Web of today will be the interface to the decentralized web of tomorrow (Web 3). With built-in Crypto Wallet, the browser has the potential to renew and extend its important role as a tool to access information, make transactions online and manage users’ online identities in a way that gives them more control.
Payments firm Square (NYSE:SQ) is supporting bitcoin deposits for its Cash App, according to a report from CoinDesk. Previously, users were just able to buy, sell or transfer the cryptocurrency using the app, but according to sources cited by CoinDesk, deposits are now functional.
Crypto exchange giant Binance successfully facilitated a transfer of about $1.2 billion worth of Binance Coin (BNB) for a fee of only $0.015 in just 1.1 seconds. This prompted Binance CEO Changpeng Zhao (CZ) to tweet:
This transaction: cost $0.015 USD in fees, took 1.1 seconds, and $1.2 BILLION in value transferred.
The future is here.
Sam Mowers, Investorideas
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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
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