Monday, 18 February 2019 04:00 GMT
img

#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will Eventually Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS



(MENAFN - Investors Ideas)
#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS (Friday, February 8th) #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch

Point Roberts, WA and Delta, BC - February 8, 2019 (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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2019/020819-CryptoMarket.mp3

#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved

Get the Crypto Corner Podcast on iTunes

Subscribe to Podcast RSS feed:

https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

Crypto Corner

Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will "Eventually" Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS Stocks discussed: (NYSE:CS)

As we prepare to enter another weekend the crypto market has turned green as coins show an impressive recovery. CoinMarketCap indicates that total capitalization is sitting at $116 billion at press time, up about $5 billion since yesterday. The top three coins listed by market cap remain Bitcoin ( BTC ), XRP and Ether ( ETH ) which have grown 2.7 percent, 3.3 percent and 6.7 percent in the last 24 hours, respectively. Surprisingly they are trailed by Litecoin ( LTC ) which has posted an astonishing 18 percent growth over the last day.

In an interview with Roll Call , SEC Commissioner Robert J. Jackson Jr. expressed confidence that a bitcoin exchange traded fund (ETF) would be given the green light by agency at some point.

"Eventually, do I think someone will satisfy the standards that we've laid out there? I hope so, yes, and I think so."

Jackson affirmed that proposals have gotten better at mitigating risks to investors, but referring to the SEC's deliberation and rejection of the Winklevoss brothers' bitcoin ETF in July, Jackson admitted that it wasn't a hard choice as the proposal was too risky for investors.

"I'm happy to say market participants have begun to come in with ideas. Whether or not we're going to find one that really protects investors I don't know, but I do know that that case wasn't especially close."

According to a press release yesterday, investment bank Credit Suisse ( NYSE:CS ) and Portugal's Banco Best have successfully completed a live end-to-end fund transaction using blockchain-based decentralized platform FundsDLT. The piece states that the FundsDLT transaction was "more efficient, scalable, and timely in processing" than previous models of cross-border transactions. Carlos Almeida, Director of Investments, Banco Best commented:

"This proof of concept is a great achievement and reinforces Banco Best's commitment to be ahead of the curve. We want to be involved in blockchain technology to work together with all stakeholders in order to adapt and seize new opportunities in our business model, with the ambition to improve the customer experience and to promote financial inclusion."

South Korea's Bithumb, one of the country's largest crypto exchanges, has officially launched ORTUS, the company's global over-the-counter (OTC) platform. The press release lists the following services available to clients from ORTUS once they have received approval:

  • Monitored fund transfers from insured, custodian wallet and a US-based bank account
  • Competitive pricing from the world's largest OTC desks and liquidity providers.
  • Responsive, attentive support from a global team of Business Development Managers (BDM), from onboarding to trade execution and settlement
  • Global offices in Asia, Europe, America and Australia
  • Support from BDMs whose backgrounds range from legal, asset management, investment banking, FX and OTC trading desks

Sam Mowers, Investorideas

Read other editions of the Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

TM" border="0"/>

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (

Order Flip



Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)

@GenesisBlockch

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.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 AI Eye Podcast and column covering developments in AI.

The Crypto Corner is part of the Investor Ideas Membership content

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: http://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: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/

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 sponsoring the crypto corner and other branded content

Learn more about our news, PR and social media services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

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






MENAFN0902201901420000ID1098093890


#CryptoCorner: Green Market Going Into Weekend, SEC Commissioner Says Bitcoin ETF Will Eventually Be Approved, Credit Suisse and Banco Best Execute End-to-End Fund Transaction on Blockchain and Bithumb Launches OTC Platform ORTUS

  Most popular stories  

Day | Week | Month