Crypto Corner: Market Cap Nears $100 Billion USD, #Binance Launching Incubator Programs in 5 New Cities, #LinkedIn Reveals 'Blockchain Developer' as Fastest Growing Position of 2018
December 14th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - December 14, 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: Market Cap Nears $100 Billion USD, Binance Launching Incubator Programs in 5 New Cities, LinkedIn Reveals 'Blockchain Developer' as Fastest Growing Position of 2018
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Market Cap Nears $100 Billion USD, Binance Launching Incubator Programs in 5 New Cities, LinkedIn Reveals 'Blockchain Developer' as Fastest Growing Position of 2018, PayPal Launches Internal Blockchain System for Employees and Crypto-Friendly Fintech Startup Revolut Approved for European Banking License
Stocks discussed: (NasdaqGS:PYPL)
As we enter another weekend the crypto market has inched closer to the $100 billion USD market cap. According to CoinMarketCap it is sitting just over at $102.7 billion at press time. The site's top 100 coins listed by market cap are largely in the red, with the chief exceptions being dollar-pegged stablecoins. Bitcoin (BTC) is trading for $3250, XRP for $0.29 and Ether (ETH) for $82. The once mighty Bitcoin Cash (BCH) is now seventh in terms of market cap and is trading for $82.
CoinDesk reports that leading crypto exchange Binance is expanding the venture wing of Binance Labs, to launch new incubator programs in Berlin, Buenos Aires, Lagos, Singapore and Hong Kong in March of 2019. Quoting from the article, head of Binance Labs, Ella Zhang, said "the goal of this program is to foster a community of builders, including high-quality token projects that could get their assets listed on the exchange".
According to data from the LinkedIn 2018 Emerging Jobs Report, "Blockchain Developer" is the fastest growing job on the business and employment-oriented website. The category has grown 33 times of its size last year and has its highest demand in San Francisco, New York City and Atlanta.
Despite avoiding acceptance of cryptocurrencies on its payments platform, PayPal (NasdaqGS:PYPL) has launched an internal blockchain-based token system for its employees, according to a report from Cheddar. Employees can earn tokens through "innovation-related programs and contributing ideas". According to the PayPal's director of innovation, Michael Todasco:
PayPal's tokens are redeemable for more than 100 "experiences" offered on the platform, including poker tournaments with a couple of their vice presidents, a trail run and coffee with CFO John Rainey, and morning martial arts with CEO Dan Schulman. Gabrielle Scheibe Rabinovitch, the company's head of investor relations, has offered to let employees borrow her dog for a day.
TechCrunch reports that crypto-friendly fintech startup Revolut has obtained a banking license in Lithuania, and is "leveraging passport rules" to operate in other European countries. Revolut currently supports 5 cryptocurrencies and 25 fiat currencies.
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)
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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