Crypto Corner: Boerse Stuttgart's Bison App to Launch Crypto Exchange Platform, Binance Debuts Two New Trading Pairs
December 24th #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 24, 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: #Boerse Stuttgart's Bison App to Launch Crypto Exchange Platform, #Binance Debuts Two New Trading Pairs
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Boerse Stuttgart's Bison App to Launch Crypto Exchange Platform, Binance Debuts Two New Trading Pairs, US Legislators Introduce Bill to Sanction Iran's Crypto Development and the Bank of Israel Requests DLT Information
Though seeming to cool down on Friday, the crypto market picked up steam over the weekend and is starting the week with a total market capitalization of $141 billion USD at press time, according to CoinMarketCap. Most of the top 100 coins listed by market cap are in the green. Bitcoin (BTC), XRP, Ether (ETH) and Bitcoin Cash (BCH) are leading with trading prices of $4125, $0.42, $148 and $195, respectively.
Bison App, a crypto app powered by Germany's Boerse Stuttgart stock exchange, has announced via Twitter that its plans for a crypto trading platform will enter a beta phase in January 2019. The platform will initially support Bitcoin, XRP, Ether and Litecoin (LTC).
Leading crypto exchange Binance has announced two new trading pairs in a blog post today. Both Tron (TRX/XRP) and Zcoin (XZC/XRP) debuted today. Notably, this is the first instance of Binance using XRP as a base currency in a trading pair. Elsewhere, CCN quotes Binance CEO Changpeng Zhao, or CZ, on the state of the crypto space. The quote is taken from a conversation on the program "Bloomberg Daybreak: Middle East".
"2018 has been a tough year in terms of pricing for the cryptocurrency. And we see a lot of projects not making it this year, so it's a correction year. But technology will stay, and we wanna kick off 2019 with a bang… So I think the people in the industry are still very confident about the future. So there's no worries about that."
U.S. legislators have introduced a bill into the House of Representatives that would impose sanctions on Iran's cryptocurrency development. Citing concerns of money laundering and funding of terrorism from the Islamic republic, the bill seeks to sanction foreign individuals who participate in transactions with Iran as well.
The Bank of Israel has filed a request for information with regard to digital ledger technology, or as the press release reads: "Regulatory Coordination of Virtual Assets". The document explains that the Bank of Israel is seeking to better understand the technology so that it may better regulate it.
The team would like to monitor developments in this area in Israel and abroad, and to examine the issues concerning the application of regulation to the various uses of the technology and their implications for economic activity, the financial markets and financial stability. The team will gather data and information for the purpose of creating a knowledge base on the issue for regulators and the public, and in order to formulate recommendations regarding the desired regulatory policy.
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/
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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