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#CryptoCorner: #Bitbull Capital CEO Says JPM Coin Is "Vote of Confidence for Blockchain", Coinbase Addresses BSV

Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch Sponsor February 15th edition

 

Point Roberts, WA and Delta, BC - February 15, 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.

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#CryptoCorner: #Bitbull Capital CEO Says JPM Coin Is "Vote of Confidence for Blockchain", Coinbase Addresses BSV

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Crypto Corner

Bitbull Capital CEO Says JPM Coin Is "Vote of Confidence for Blockchain", Coinbase Addresses BSV, GM Partners with Spring Labs, Coinsquare Acquires StellarX and Liechtenstein Postal Service to Introduce Crypto Exchange

Stocks discussed: (NYSE:JPM) (NYSE:GM)

Joe DiPasquale, CEO of crypto hedge fund manager Bitbull Capital, commented that J. P. Morgan's (NYSE:JPM) recently announced digital token, JPM Coin, could spur energy in the blockchain sector and could even challenge the likes of Ripple (XRP):

"JP Morgan's launch of JPM Coin is a vote of confidence for blockchain technology, and yet another indication that blockchain and cryptocurrencies are part of the future of finance.

JPM Coin may even be able to compete with Ripple (XRP) in the future, and given JP Morgan's reputation and branding, it may be more successful in garnering support and adoption from major financial institutions, compared to Ripple or Stellar (XLM)."

Crypto exchange giant Coinbase has issued a statement addressing Bitcoin SV (BSV), the resulting coin from the Bitcoin Cash (BCH) hard fork in November last year.

"Coinbase does not support purchases or sales of BSV, so customers cannot sell their BSV for fiat currency on Coinbase. They may send their BSV balance to an external wallet..."

Forbes recently reported that General Motors (NYSE:GM) GM Financial has partnered with blockchain startup Spring Labs. The two companies are working together to reduce identity theft. Spring Labs CEO Adam Jiwan told Forbes:

"We came together with the view that we could develop a series of use cases that would match some of [GM Financial's] core business priorities as a lender, or potentially [those of] GM as a parent company."

Canadian crypto exchange Coinsquare has acquired decentralized exchange app StellarX, according to a press release yesterday. Cole Diamond, CEO of Coinsquare, commented:

"We are deeply committed to ensuring that the cryptocurrency market thrives, and adoption is key. Stellar is the fastest payment network in the world and we see enormous potential to create industry leading services on StellarX to further broader adoption."

According to an official announcement, starting today, Liechtenstein's postal service will introduce cryptocurrency exchanging as a new service at post offices. Beginning with Bitcoin (BTC), the service will later expand to include other cryptocurrencies.

Sam Mowers, Investorideas

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Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>

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/

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