CryptoCorner: BTC Breaks $8K, XRP Rockets 28%, Samsung to Extend Blockchain and Crypto Services to Budget Galaxy Phones and HTC Announces ERC-20 Swaps on Native Wallet

Point Roberts, WA and Delta, BC – May 14, 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:

https://www.investorideas.com/Audio/Podcasts/2019/051419-CryptoMarket.mp3

#CryptoCorner: #BTC Breaks $8K, XRP Rockets 28%, Samsung to Extend Blockchain and Crypto Services to Budget Galaxy Phones

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Crypto Corner

Stocks discussed: (KSE:005930) (TWSE:2498)

When we left off on yesterday’s episode of Crypto Corner, Bitcoin (BTC) was trading for about $7750, according to data from CoinMarketCap. Since then it has broken past $8000 and is trading for $8050 at press time, after peaking around $8265 earlier today.

But even though Bitcoin still holds a near 60 percent market dominance, its 6.5 percent 24-hour growth is dwarfed by XRP, which boasts a gain of 28 percent in the last day. This is possibly a result of yesterday’s news, also featured in Crypto Corner, of German stock exchange Boerse Stuttgart launching an XRP exchange-traded note. Additionally, crypto exchange giant Coinbase tweeted that XRP was now available for trading for users in New York.

Commentary from Ben Waters, Head of International Markets at blockchain platform IOST, outlines some background for the current bull run we’re seeing:

There are multiple factors contributing to the latest bitcoin price surge that are based on bitcoin’s strong fundamentals and recent market-moving news. Back in November 2018, a number of events including the Bitcoin Cash “hash war” flooded the market with…

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