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VIDEO – CurrencyWorks Film #NFT Platform Announces 2nd Drop for film Starring Anthony Hopkins. Expected To Generate $USD 600,000 In Sales

Posted by AGORACOM-JC at 4:33 PM on Wednesday, February 23rd, 2022
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CurrencyWorks is an Enterprise Blockchain enabling real-world solutions and opportunities for Fortune 5000 Companies.

The company targets Fortune 5000 companies with turnkey blockchain solutions to expand their market and create strategic differentiators for their businesses. These include digital currencies, payment rails, NFTs, STO’s, and the entire ecosystems around issuing and transacting these cutting-edge assets. 

If that sounds complicated, it’s actually as easy as 1-2-3….

  1. PUBLISHING (NFT’s)

Curating and housing environments and communities for the sales and transactions of NFTs on platforms, metaverses and marketplaces in a secure and regulated format ensuring transparency, credibility and mainstream adoption.

  1. INFRASTRUCTURE (Mining)

Providing low-cost, environmentally friendly mining and cold storage services for existing customers looking to build all-inclusive solutions as well as apply
to the broader market of Bitcoin and Ethereum mining.

  1. TRANSACTIONS (Payments)

Building customized branded blockchain economies for established brands, companies and communities through crypto and digital currencies and the payment
systems that power them.

Today we’re talking about the Company’s VUELE™ Feature Film NFT Platform Next Drop – ZERO CONTACT, Starring Anthony Hopkins, Exclusive and Collector’s Edition NFT Drops.

What did Cameron Chell, co-head of VUELE ™ and Executive Chairman of CurrencyWorks have to say?

“We are thrilled to be offering the ZERO CONTACT Exclusive and Collector’s Edition NFTs after the successful sale of the first 11 Platinum and Elite Edition NFTs in September, which sold for more than $100,000.00. VUELE ™ will provide fans with unprecedented early access to full-length feature films, in addition to coveted movie memorabilia.”

Sit back, relax and watch this powerful interview.

VIDEO – CurrencyWorks Feature Film NFTs Fetch Over $90,000 Creating New Revenue Stream For Film Industry

Posted by AGORACOM-JC at 4:03 PM on Wednesday, September 29th, 2021

CurrencyWorks (CWRK: CSE) (CWRK: OTCQB) builds digital currencies for brands, companies, and communities to empower the free exchange of value between customers and users.  

More than just lip service clients include:  

·  BitRail (Blockchain Platform)  

·  WAX and Topps (NFT collectables)  

·  Barrett-Jackson Auto Auction (NFTs)  

·  FreedomCoin (digital currency)  

·  CSE/ Odyssey Trust (security token)  

·  VUELE (NFTs)  

·  KodakOne (Digital Currency) 

The company just announced that Feature Film NFTs for ZERO CONTACT, Starring Anthony Hopkins Sell for Over $90,000 Creating New Revenue Stream for Film Industry 

On September 24, 2021, bidding began for the Platinum and Elite NFTs. The one-of-one ZERO CONTACT Platinum Edition NFT sold for $56,860.00 USD and the ZERO CONTACT Elite Edition NFTs sold for a total of $36,575.00 USD. Additionally, CurrencyWorks receives an ongoing royalty every time these NFTs are bought and sold. 

What did Cameron Chell, Chairman of CurrencyWorks have to say? 

“We are extremely proud of the ZERO CONTACT NFTs that CurrencyWorks created on VUELE. This is a significant advancement for film distribution and digital collectibles,” said Cameron Chell, co-head of VUELE and Executive Chairman of CurrencyWorks. 

Sit back and watch this powerful interview with company chairman Cameron Chell.

VIDEO – CurrencyWorks $CWRK Advances $0 Cost Energy Crypto Mining Platform, Reducing GHG Emissions $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca $VYGR.ca

Posted by AGORACOM-JC at 5:11 PM on Tuesday, May 11th, 2021

CurrencyWorks (CWRK: CSE) (CWRK: OTCQB) builds digital currencies for brands, companies, and communities to empower the free exchange of value between customers and users. 

More than just lip service clients include:

  • KodakOne
  • CSE/ Odyssey Trust
  • Barrett-Jackson Auto Auction (NFTs)
  • BitRail
  • WAX and Topps

The company recently announced the advancement of its zero-cost energy crypto mining platform.

“Zer00 crypto mining platform” utilizes a thermal treatment (not burning) of waste to generate energy.

The initial scalable unit will process enough power to run up to 200 cryptocurrency mining machines. The energy generated is environmentally friendly, and the system will be self-sustainable.

This technology reduces waste currently filling landfills, a prevalent cause of greenhouse gas emissions containing methane that is more harmful than CO2.

What did Cameron Chell, Chairman of CurrencyWorks have to say?

“Crypto mining can be incredibly profitable if you can eliminate or minimize the energy costs in the mining process, while at the same time through these policies and best practices reduce the need for landfills and GHG, providing cleaner air and water, conservation of local biodiversity, sustainable energy development and green jobs.  CurrencyWorks Zer00 Crypto operations will help to develop a sustainable way of minimizing MSW and using that energy to mine for crypto.”

Sit back and watch this powerful interview with company chairman Cameron Chell.

Loop Insights $MTRX $RACMF Signs Four-Year Venue Management Agreement Through #TELUS $T.ca #IoT Marketplace with Big White Ski Resort, One Of Canada’s Top 5 Ski Resorts, with Potential to Generate $7.2 – $9.6 Million in Newline Revenue For Loop and Big White Ski Resort $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 8:08 AM on Monday, February 8th, 2021
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Agreement a Result of Sales and Marketing Efforts Made by TELUS (T:TSX; TU: NYSE) Through its IoT Marketplace

  • Company has been selected by Big White Ski Resort to deploy its venue management platform for the purposes of providing its visitors and staff with complementary COVID-19 safety protocols through its venue management platform while also creating significant revenue opportunities for both parties.
  • Potential to generate $7.2M – $9.6M over term of agreement

VANCOUVER, British Columbia., Feb. 08, 2021 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the Company has been selected by Big White Ski Resort (“ Big White Ski Resort ”) to deploy its venue management platform for the purposes of providing its visitors and staff with complementary COVID-19 safety protocols through its venue management platform while also creating significant revenue opportunities for both parties.

BIG WHITE SKI RESORT SELECTS LOOP, IN PARTNERSHIP WITH TELUS, TO PROVIDE VENUE MANAGEMENT PLATFORM TO ESTABLISH INFRASTRUCTURE TO PROTECT STAFF AND GUESTS

In support of Big White Ski Resort and British Columbia’s tourism industry, Loop Insights will deploy its venue tracing solution across Big White Ski Resort and its facilities, aiding the resort to continue to ensure the safety of its staff and customers.

Having recognized the importance of accurate venue tracing protocols in the fight against COVID-19, Loop will work with Big White Ski Resort to maintain the safety of all guests and staff using the Loop venue management platform. The ultimate goal of the deployment is to provide an enhanced customer experience through guest and staff check-ins and to continue to mitigate the spread of COVID-19.

Loop’s venue tracing technology is based on a science and data-driven approach to provide businesses with complementary safety protocols. Through this latest deployment, Loop is working with Big White Ski Resort to ensure the appropriate infrastructure is in place to continue to mitigate the spread of COVID-19 through real-time alerts and automated safety updates sent via the platform.

Michael J Ballingall Senior Vice President of Big White Ski Resort stated: “After being introduced to Loop Insights’ venue management platform through our partnership with TELUS and its IoT Marketplace, Big White Ski Resort recognized its ability to provide us with the peace of mind necessary to deliver the best ski resort experience possible. Also, we are excited about the opportunities by leveraging Loop’s platform to create new revenue streams through unique marketing opportunities.”

VENUE MANAGEMENT REVENUE MODEL HAS POTENTIAL TO GENERATE $7,200,000 – $9,600,000 OVER TERM OF AGREEMENT FOR LOOP AND BIG WHITE SKI RESORT

Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/754885-loop-insights-signs-four-year-venue-management-agreement-through-telus-iot-marketplace-with-big-white-ski-resort-one-of-canada-s-top-5-ski-resorts/messages/2302630#message

Loop Insights $MTRX $RACMF Appoints Former Director Of Solution Architecture At NTT DATA, Tamer Shafik, As New Chief Technology Officer To Support Loop’s Global Scale $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:42 AM on Thursday, January 28th, 2021
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  • Announced the Company has appointed Tamer Shafik, former Director of Solution Architecture at NTT DATA Corp of Japan (TYO:9613), as its Chief Technology Officer, effective February 8th.
  • Loop Insights CEO Rob Anson stated: “I am extremely proud that Tamer recognized the opportunity and had the confidence to make the decision to walk away from the comfort and security of his current role at a global leader in NTT Data. Tamer’s decision to join Loop as our CTO truly speaks volumes about where we are headed as a company. Having an established and proven world-class talent capable of driving our technology at a truly global commercialized scale gives me incredible confidence.”

VANCOUVER, British Columbia, Jan. 28, 2021 — Loop Insights Inc. (MTRX:TSXV OTCQB:RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated contact tracing to the brick and mortar space, is pleased to announce the Company has appointed Tamer Shafik, former Director of Solution Architecture at NTT DATA Corp of Japan (TYO:9613), as its Chief Technology Officer, effective February 8th.

Loop Insights CEO Rob Anson stated: “I am extremely proud that Tamer recognized the opportunity and had the confidence to make the decision to walk away from the comfort and security of his current role at a global leader in NTT Data. Tamer’s decision to join Loop as our CTO truly speaks volumes about where we are headed as a company. Having an established and proven world-class talent capable of driving our technology at a truly global commercialized scale gives me incredible confidence.”

Shafik Joins Loop Insights From NTT Data As a Result of a Flourishing Partnership Between the Two Companies

On December 17th, Loop Insights first announced a partnership with NTT DATA Corp of Japan (TYO:9613) with the goal of creating new recurring revenue streams for both companies, including the integration of Loop’s automated marketing capabilities with NTT Data’s NTT Smart Platform. The partnership between Loop and NTT Data has been beneficial for both parties and led directly to Shafik’s decision to join Loop Insights.

Most recently, Shafik spent 3 years as the Director of Solution Architecture at NTT Data, the world’s eighth-largest software company with a market cap of over US$20-billion, where he excelled as a digital transformation expert.

Shafik brings over 20 years of experience working in IT and eCommerce to the Loop Insights team, including 5 years spent working with leading Canadian multinational information technology consulting and systems integration company, CGI. As a digital transformation expert, Shafik has been instrumental in leading a number of established clients to update their digital infrastructure to keep pace with modern technology.

Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/754102-loop-insights-appoints-former-director-of-solution-architecture-at-ntt-data-tamer-shafik-as-new-chief-technology-officer-to-support-loop-s-global/messages/2300724#message

Loop Insights $MTRX $RACMF and Empower Clinics $CBDT.ca $EPWCF Establish ‘Re-open Vancouver’ Coalition to Deploy Proven Health & Data Infrastructure In Response to #COVID-19 to Help Rebuild Vancouver’s Tourism, Travel, and Hospitality Industries $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:43 AM on Tuesday, January 26th, 2021
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  • Partnered with Empower Clinics to establish the Re-open Vancouver coalition with the goal of obtaining an approved end-to-end COVID-19 mitigation solution that can be presented to local, Provincial and Federal Government authorities on behalf of local stakeholders to help in the re-opening of Vancouver’s travel and tourism industry, including Vancouver’s cruise industry.
  • Will lead a coalition to deploy the necessary infrastructure needed to enable the economic recovery of the local Vancouver economy.
  • Under the leadership of Loop and Empower, the Re-open Vancouver coalition will focus on a science and data-driven approach to delivering an integrated end-to-end solution worthy of re-opening Vancouver’s robust tourism industry, including its convention center and cruise ship industry.
  • According to Your Canada , Vancouver’s tourism industry generates approximately 15 million unique visitors per year.

VANCOUVER, British Columbia, Jan. 26, 2021 — Loop Insights Inc. (TSXV:MTRX OTCQB:RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue management solutions to physical brick and mortar operators, is pleased to announce the Company has partnered with Empower Clinics to establish the Re-open Vancouver coalition with the goal of obtaining an approved end-to-end COVID-19 mitigation solution that can be presented to local, Provincial and Federal Government authorities on behalf of local stakeholders to help in the re-opening of Vancouver’s travel and tourism industry, including Vancouver’s cruise industry.

Loop Insights and Empower Clinics will lead a coalition to deploy the necessary infrastructure needed to enable the economic recovery of the local Vancouver economy. Under the leadership of Loop and Empower, the Re-open Vancouver coalition will focus on a science and data-driven approach to delivering an integrated end-to-end solution worthy of re-opening Vancouver’s robust tourism industry, including its convention center and cruise ship industry. According to Your Canada , Vancouver’s tourism industry generates approximately 15 million unique visitors per year.

Following the Canadian federal government’s announcement that all international travelers will be required to provide proof of a negative COVID-19 test in order to enter the country, Loop and Empower feel the two companies are uniquely positioned to provide a combined solution in the form of a digital Wallet pass with bank-level security and privacy that can be offered to travelers visiting Vancouver.

Steven McAuley, Chairman, and CEO of Empower stated “Benefiting from the leadership of two local Vancouver public companies, with the support of significant private and public sector participants, Re-open Vancouver is confident it will demonstrate how crucial our efforts are to the economy of the City of Vancouver, the Province of B.C. and Canada. In partnership with Loop Insights, we have market-proven tools, services, testing products, and healthcare infrastructure to make this happen now.”

Tourism Industry Facing $3.3 Trillion In Global Losses Due to Closures

According to the United Nations Conference on Trade and Development (UNCTAD), the tourism industry stands to lose up to $3.3 trillion in revenue due to closures if the industry is to remain shuttered for a year. In an effort to prevent these losses, Loop Insights will continue to work with Empower to deploy its integrated venue management platform to protect industries in need of robust safety and security protocols. To date, the Re-open Vancouver Coalition has entered into conversations with leading stakeholders in the tourism, travel, and hospitality industries.

Loop Insights CEO Rob Anson stated: “Many key provincial stakeholders in the travel, tourism, and hospitality sector have recently reached out as a result of our most recent successes deploying Loop’s venue management platform. Operators are in desperate need of a seamless and transformative solution that kickstarts the economic recovery process. Along with Empower Clinics, we will look to work with industries’ best of breed partners to deliver a unified solution that ensures best practice considerations in regards to the health, safety, and wellbeing of local residents and tourists alike.“

Loop Insights first partnered with Empower Clinics in October 2020 to provide an end-to-end COVID-19 mitigation solution complete with venue tracing, real-time automated guest exposure notifications, and testing procedures based on published guidelines.

Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/753922-loop-insights-and-empower-clinics-establish-re-open-vancouver-coalition-to-deploy-proven-health-data-infrastructure-in-response-to-covid-19/messages/2300213#message

Loop Insights $MTRX $RACMF Selected by bdG Sports To Provide Fourth Venue Management Platform In A Live Environment For Paiute Las Vegas Golf Championship $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:47 AM on Friday, January 22nd, 2021
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  • Company has been selected by bdG Sports to provide its complete venue management platform to the Paiute Las Vegas Championship, a Korn Ferry Tour event, which will be played April 12-18, 2021 at the Las Vegas Paiute Golf Resort.
  • Korn Ferry Tour is the developmental tour for the U.S.-based PGA Tour and features professional golfers who have either not yet reached the PGA Tour, or who have done so but then failed to win enough FedEx Cup points to stay at that level

VANCOUVER, British Columbia, Jan. 22, 2021 — Loop Insights Inc. (MTRX:TSXV OTCQB:RACMF) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the Company has been selected by bdG Sports to provide its complete venue management platform to the Paiute Las Vegas Championship, a Korn Ferry Tour event, which will be played April 12-18, 2021 at the Las Vegas Paiute Golf Resort.

KORN FERRY FEATURES OVER 20 TOURNAMENTS IN 2021 AS DEVELOPMENT TOUR FOR PGA TOUR

The Korn Ferry Tour is the developmental tour for the U.S.-based PGA Tour and features professional golfers who have either not yet reached the PGA Tour, or who have done so but then failed to win enough FedEx Cup points to stay at that level. Since the 2013 season, the Korn Ferry Tour has been the primary pathway for those seeking to earn their PGA Tour card.

The tournament will have a full field of 156 players who will compete for a $600,000 purse. More importantly, participants will be competing in a season-long points race with the Top 25 finishers of the regular season earning PGA TOUR cards for the 2021-22 season. Local members of the Tour include Harry Hall, David Lipsky, Taylor Montgomery, and John Oda.

The implementation of Loop’s venue management platform at the Paiute Las Vegas Championship is another significant vote of confidence from the professional sports world following the successful deployment of our venue management platform at multiple live events.

Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/753656-loop-insights-selected-by-bdg-sports-to-provide-fourth-venue-management-platform-in-a-live-environment-for-paiute-las-vegas-golf-championship/messages/2299444#message

Loop Insights $MTRX $RACMF Integrates #Bitcoin, #Ethereum and #Litecoin Into Contactless Payments Platform For Retail Customers and Enterprise Partners, With Patent-Pending Technology Filed in 2019, As #Cryptocurrency Payments Undergo Global Paradigm Shift Toward Mass Acceptance In 2021 $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:52 AM on Tuesday, January 19th, 2021
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Loop Customers and Enterprise Clients Keep Pace With Fortune 500 Shift In Digital Currencies

  • Announced the final integration of major cryptocurrency payments into the Company’s contactless payment platform. Initial integration was prepared in 2018, with patents filed in 2019 and put on standby in anticipation of today’s global commerce and regulatory acceptance of cryptocurrency payments.

VANCOUVER, British Columbia, Jan. 19, 2021 — Loop Insights Inc. (MTRX:TSXV RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated contact tracing to the brick and mortar space, is pleased to announce the final integration of major cryptocurrency payments into the Company’s contactless payment platform. Initial integration was prepared in 2018, with patents filed in 2019 and put on standby in anticipation of today’s global commerce and regulatory acceptance of cryptocurrency payments.

The methods described in the 2019 patent application provide a unique method of facilitating and verifying cryptocurrency payments, all performed with the fundamental Loop principle of not requiring POS integration to achieve these goals.

Loop Insights CEO Rob Anson stated: “Whereas many companies try to use cryptocurrencies as a buzz word, Loop has been way ahead of this global paradigm shift to the delight of our customers and partners who want be ahead of what we anticipate being a parabolic growth decade for cryptocurrency transactions and payments. Our Fobi device is already configured to accept leading cryptocurrencies including Bitcoin, Ethereum, and Litecoin, providing retailers with new long-term opportunities for growth and Enterprise partners with an even stronger value proposition that already includes our world-leading artificial intelligence-driven, real-time transaction technology.”

Read More: https://agoracom.com/ir/LoopInsights/forums/discussion/topics/753352-loop-insights-integrates-bitcoin-ethereum-and-litecoin-into-contactless-payments-platform-for-retail-customers-and-enterprise-partners-with-patent/messages/2298760#message

ThreeD Capital Inc. $IDK.ca – #Ethereum Continues to Lead the Way in Enterprise #Blockchain Adoption $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:24 AM on Thursday, April 18th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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Ethereum Continues to Lead the Way in Enterprise Blockchain Adoption

  • Most of the world’s largest companies experimenting with blockchain are apparently doing so on Ethereum.
  • Amongst the notable names are Fidelity, Google, and HTC.

By: Rick D. |

Most of the world’s largest companies experimenting with blockchain are apparently doing so on Ethereum. Amongst the notable names are Fidelity, Google, and HTC.

Blockchain spending has been increasing dramatically over the last few years and it looks like the number two crypto by market capitalisation is leading the way in terms of corporate adoption.

Much of Ethereum’s Fabled EEA Still Interested in the Platform

For many Ether investors, enterprise adoption is all important. In 2017, Enterprise Ethereum Alliance announcements were often accompanied by massive price surges for the number two crypto by market capitalisation. Names likes Deloitte, National Bank of Canada, Samsung SDS, and Toyota and many more were gradually added to the list. Meanwhile, investors waited for one of these massive companies to develop a killer application for the blockchain that requires the use of vast quantities of Ether, thus sending the price rocketing.

Things have not exactly turned out as many had expected. The Enterprise Ethereum Alliance (EEA) has not been in the news much of late and there is no corporate use case of the blockchain that has sent the price parabolic again. However, development is clearly still going on.

EEA announcements have inspired their fair share of ETH price runs in the past.

Forbes has just released a list of billion dollar companies experimenting with blockchain technology. The “Top 50 Billion-Dollar Companies Exploring Blockchain” is the first part of two similar articles. It will eventually create a full top 100.

The list shows that most of the world’s largest companies that are interested in distributed ledger technology are currently looking at public Ethereum or private Ethereum-derived ledgers to build applications on. Most companies featured are exploring numerous blockchains, however.

Of those that prefer other blockchains, Hyperledger, IBM Blockchain, and Bitcoin all seem popular amongst the corporate giants exploring the tech.

In an article detailing the new Forbes list, ConsenSys stated that 24 of the 50 billion-dollar companies are currently investigating the Ethereum public blockchain, with a further 12 using Enterprise Ethereum-derived platforms in instead.

The ConsenSys piece goes on to opine:

“It’s likely that the large developer community, existing standards developed by the EEA, and public compatibility are driving some of Enterprise Ethereum’s reported dominance.”

What Are The Biggest of The Big Working on?

Below are some of the more notable companies on the list and the specific blockchains they’re currently exploring:

  • Amazon — Hyperledger, Gabric, Ethereum (later this year).
  • Citigroup — Ethereum
  • Coinbase — Bitcoin, Ethereum, XRP, Lumen.
  • Fidelity — Bitcoin, Ethereum.
  • Google — Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Zcash, Dogecoin, Dash.
  • HTC — Bitcoin, Ethereum.
  • IBM — IBM Blockchain, Stellar, Hyperledger Burrow, Sovrin.
  • JP Morgan Chase — Quorum.
  • MasterCard — An original blockchain built from the ground up.
  • Microsoft — Ethereum, Parity, Corda, Hyperledger Fabric.
  • Nasdaq — Symbiont, Corda, Hyperledger Fabric.
  • Nestle — IBM Blockchain.
  • Overstock — Bitcoin, Ethereum, RVN, Florin.
  • Samsung — Nexledger, Ethereum.
  • Visa — Hyperledger Fabric.
  • Walmart — Hyperledger Fabric.

Blockchain Spending Growing Dramatically

According to International Data Corp, spending on blockchain technology solutions increased by 89 percent compared to the previous year. It is projected to reach $2.9 billion this year and $12.4 billion by 2022.

Meanwhile, Deloitte surveyed executives from a range of companies. The results found that 95 percent of those asked were already invested or planned to at some point this year.

Source:


ThreeD Capital Inc. $IDK.ca – The Game Is On For #Bitcoin, #Ethereum, #Ripple And #Litecoin

Posted by AGORACOM-JC at 12:09 PM on Monday, April 8th, 2019

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

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The Game Is On For Bitcoin, Ethereum, Ripple And Litecoin

  • Over the last seven days, Bitcoin has gained 25.74%, Ethereum 18.76%, Ripple 16.12%, and Litecoin 53.20%
  • Rally was extended across the cryptocurrency markets, with 94 out of the top 100 cryptocurrencies gaining in price

Panos Mourdoukoutas

Investors, traders, and speculators are jumping into the Bitcoin and cryptocurrency markets again, sending prices soaring across the board.

Over the last seven days, Bitcoin has gained 25.74%, Ethereum 18.76%, Ripple 16.12%, and Litecoin 53.20%–see table 1. The rally was extended across the cryptocurrency markets, with 94 out of the top 100 cryptocurrencies gaining in price-see table 2.

Table 1

7d Price Change For Major Cryptocurrencies

Cryptocurrency%7d
Bitcoin25.74
Ethereum18.76
Ripple16.12
Litecoin53.20

Source: Coinmarketcap.com 4/7/19 at 11 a.m.

Table 2

Number of Cryptocurrencies That Advanced/Declined In The Top 100 Ranks

Cryptocurrencies Advance/DeclineNumber
Advance6
Decline94

Source: Coinmarketcap.com 4/7/19 at 11 a.m

The recent Bitcoin rally has left left stocks, bonds, and the yellow metal in the dust, so far, in 2019-see chart.

Bitcoin Beats Stocks, Bonds, and Gold YTD

What could explain the rally?

Several factors. One of them is the renewed interest by big money. “The recent surge in Bitcoin has been sparked by a large buy order – rumored to be around $100 million – that sent BTC straight through technical resistance ($4,235) that had been in place since the start of December 2018,” says Nicholas Cawley from the DailyFX team.”  â€œThe lack of volatility in Bitcoin over the last few weeks has kept prices in-check, and low volume markets are always more susceptible to sharp moves than more liquid markets.”

Kirill Bensonoff, a technology advisor, agrees. “The surge was obviously fueled by a very large order, in the tens of millions of dollars,” says Bensonoff. “This is another sign that institutional players are coming into the market.”

Then there’s the prospect of lower interest rates, which turns risk on again for all sorts of speculative investments.

And there are the “market technicals.” Market volumes are up  3 to 4 times normal turnover, exacerbating the sharp rally,” observes Cawley. “In addition to the clean break of resistance, the move also broke through the 200-day moving average around $4,650 with ease, enabling the rally to continue.”

How far will the rally go? Will Bitcoin ever reach the $20,000 mark again? It all depends on whether regulators will approve financial instruments that allow for broad investor participation in the cryptocurrency markets, like Electronically Trading Funds (ETFs), according to Bensonoff. “For Bitcoin to hit $20,000 in 2019, we would need a major catalyst, and I believe the only one with this much force would be ETF approval,” says Bensonoff. “Without it, we are looking at a $10,000 best case scenario.”

While it’s unclear whether which of the two scenarios will come true, one thing is clear: volatility will continue in the cryptocurrency markets, creating new winners and losers.

[Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don’t own any Bitcoin.]

Source: https://www.forbes.com/sites/panosmourdoukoutas/2019/04/07/the-game-is-on-for-bitcoin-ethereum-ripple-and-litecoin/#4481885519a6