Investorideas.com

Get great ideas from our AI, cannabis, cleantech, crypto, esports and mining podcasts - be a guest or sponsor : 800 665 0411


Share on StockTwits

#CryptoCorner Episode 402: Bitcoin Slowly Rising Following Halving, CME (NasdaqGS: $CME) Daily BTC Options Hit New Highs, Visa (NYSE: $V) Files Patent Application for "Digital Fiat Currency"

 

Point Roberts, WA and Delta, BC - May 15, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings 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/2020/051520-CryptoMarket.mp3

#CryptoCorner Episode 402: Bitcoin Slowly Rising Following Halving, CME (NasdaqGS: $CME) Daily BTC Options Hit New Highs, Visa (NYSE: $V) Files Patent Application for "Digital Fiat Currency"

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:CME) (NYSE:V) (NasdaqGS:FB)

In the days following its halving on Monday, Bitcoin (BTC) has mostly been showing upward movement and has been trading above $9,000, according to data from Coinmarketcap. It hasn't quite been flirting with $10,000, which it briefly reached last week, but has gotten as high as around $9,750, and is trading for about $9,560 at press time.

Elsewhere, on the day of the halving, daily Bitcoin options trading volume on the CME (NasdaqGS:CME) reached $17 million, topping the $9.9 million high set on May 6, according to a report from CoinDesk. This was topped immediately, however, the following day with a new record of $30 million, which then itself was surpassed with $40 million on Wednesday. Things cooled slightly on the exchange Thursday with $36 million recorded volume, but that represented a 2,000 percent rise from the volume of $1.7 million registered the week prior.

Visa (NYSE:V) has filed a patent application with the US Patent & Trademark Office for a "digital fiat currency". Though published yesterday, the patent application was filed on November 8, 2019. The application's abstract reads:

Techniques are disclosed which include receiving, by a central entity computer, a request for digital currency. The request includes a serial number and a denomination of a physical currency. The central entity computer generates the digital currency for the denomination and linked to the serial number. The generating includes recording the digital currency on a blockchain. The central entity computer transmits a notification of the generation of the digital currency. The central entity computer causes removal of the physical currency from circulation in a fiat currency system.

Bloomberg reports that Singapore's state-owned investment vehicle Temasek Holdings has joined the Libra Association. The Libra Association is a membership organization of Facebook's (NasdaqGS:FB) Libra digital currency project. Temasek International Deputy CEO Chia Song Hwee said:

"Our participation in the Libra Association as a member will allow us to contribute toward a regulated global network for cost effective retail payments. Many developments in the space excite us. We look forward to further exploring the potential of the technology."

Sam Mowers, Investorideas

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, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, 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, Exploring Mining the AI Eye.

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 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. 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

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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

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

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411


Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories