Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Raiden Network

Cryptocurrency

Mobile Wallet for Lighting Network Available

The Telegram (TON) token will have its own wallet and a ticker symbol GRAM. One Gram is supposed to be worth 10¢ in U.S. Dollars. Around 850 million GRAMs have been sold in a presale to 81 selected investors.

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Cryptocurrency

Coinbase is so profitable it does not need Venture Capital

The source of Coinbase’s prosperity is obvious: it makes money by charging .25% to 1% fees on all transactions. The size of the revenues indicates a massive increase in Coinbase’s transaction volume; probably generated by the media interest in high cryptocurrency prices.

Coinbase is adding new sources of revenue on a regular basis. Its; wallet now supports four cryptocurrencies; Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Bitcoin (BTC).

Coinbase; which operates the GDAX exchange, now has more than 13 million brokerage accounts more than Charles Schwab (NYSE: SCHW), Recode claimed. Coinbase claims to serve more than 10 million members in 32 countries and exchanged more than $50 billion worth of cryptocurrency.

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