CryptoCorner: Serena Williams Newly Announced VC Firm Invests in Coinbase, JPMorgan (NYSE: JPM) Expanding Blockchain Tech and Payment Processor Moon Allows Amazon (NASDAQ: AMZN)
Point Roberts, WA and Delta, BC - April 22, 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:
#CryptoCorner: Serena Williams Newly Announced VC Firm Invests in Coinbase, JPMorgan (NYSE: $JPM) Expanding Blockchain Tech and Payment Processor Moon Allows Amazon (NASDAQ: $AMZN)
Subscribe to Podcast RSS feed:
As we open this week the crypto market is showing stability, with not much fluctuation in market capitalization over the long weekend. Total market capitalization is sitting at about $179 billion USD at press time, according to data from CoinMarketCap. Bitcoin (BTC) is holding its recent support level with a trading price of $5325, after having dipped a bit in the past couple days. The top two altcoins, Ether (ETH) and XRP are trading for $171 and $0.32, respectively, with most of the top 100 listed coins by market cap in the green so far today.
Four time Olympic gold medal winning tennis superstar Serena Williams announced on an Instagram post recently, that in 2014 she launched a VC investment firm called Serena Ventures. Among the investments listed in the post was crypto exchange giant Coinbase. The official website reads:
Serena Ventures focuses on early stage companies, and giving them the opportunity to be heard. As we grow, we hope to mentor young founders and take burgeoning entrepreneurs to the next level. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network. Similar to many of the companies we have invested in, we are just getting started and are hoping to make a difference.
Japanese crypto exchange Zaif will be up and running tomorrow, after having been hacked for $60 million last year and subsequently suspending operations. According to the official announcement, the exchange was bought from previous owner Tech Bureau by Fisco for about $44 million USD. The announcement also indicates that users affected by the hack have now been refunded.
JPMorgan Chase (NYSE:JPM) is expanding blockchain technology features for its Interbank Information Network (IIN) platform, according to a report from Cointelegraph. Used by more than 220 banks throughout the world, IIN will be able to "instantly verify whether a payment is heading to a valid bank account", according to JPM's head of global clearing, John Hunter. This particular feature will be available in the fall of 2019.
According to a report from CoinDesk, shopping on Amazon (NasdaqGS:AMZN) can now be done on Bitcoin's lightning network using a browser extension from crypto payment processor startup Moon. Amazon still receives fiat currency from transactions, however, with a conversion taking place on the backend. Moon CEO Ken Kruger told CoinDesk:
"There's a lot of opportunities to help solve some of those usability problems and getting people onto the lightning network, increasing adoption in that way. We're going to engage with other folks in the lightning community to see what people are doing, what they're working on and if there are any significant gaps. We'd love to step in and help whenever possible."
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
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 PlatformTM, 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
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
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 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:
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. 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
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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
Learn more about our news, PR and social media services at Investorideas.com
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