NEW YORK, January 24, 2018 /PRNewswire/ --
Bitcoin traded higher on Tuesday as it pared earlier losses in the day. According to CoinDesk's bitcoin price index,
bitcoin price rose 3.25 percent to $11,122 as of Tuesday. The cryptocurrency fell to a low of
$9,976.97 in the early morning as The South Korea Financial Services Commission announced it would
ban cryptocurrency traders using anonymous bank accounts on January 30. Bitcoin futures also rebounded on Tuesday. The
CBOE Bitcoin Futures for February delivery surged over 10 percent to $11,270, while bitcoin futures
from CME rose 8.59 percent to $11,245. According to CoinMarketCap, bitcoin now has market
capitalization of about $189 billion, accounting for 34.9 percent of the total cryptocurrency
market. Epazz, Inc (OTC: EPAZ), MGT Capital Investments, Inc. (OTC: MGTI), India Globalization Capital, Inc. (NYSE: IGC), On
Track Innovations Ltd (NASDAQ: OTIV), Eastman Kodak Company (NYSE: KODK)
Other major cryptocurrencies also bounced back on Tuesday. Ripple, the third-largest cryptocurrency by market cap, lead
the cryptocurrency market rebound. According to data from CoinMarketCap, Ripple's XRP jumped over 14 percent to $1.41. Ethereum, the second-largest digital currency by market cap, rose back above $1,000. On Tuesday, BitFlyer, one of the Japan's largest bitcoin
exchanges, announced it had received a Payment Institution (PI) license to operate in the European Union. BitFlyer Chief
Executive Officer and former-Goldman Sachs Group Inc. trader Yuzo Kano, said: "Approved regulatory
status is fundamental to the long-term future of bitcoin and the virtual-currency industry."
Epazz, Inc (OTC: EPAZ) just announced breaking news this morning that, "the company has acquired the android app
CryptoFolio. The app tracks and manages your Bitcoin and Altcoin portfolios and allows you to fully control your cryptocurrency
portfolio. CryptoFolio was designed to make it simple and practical to track cryptocurrency investments. Epazz Inc. acquired the
software rights, source code and user base. The app has been installed over 2,900 times.
The CryptoFolio business model provides free features to attract users and then allows users to purchase additional features
from $1.99 to $5.99 each. CryptoFolio is a great add-on app for
ZenaPay, and future versions of CryptoFolio will include an option to download ZenaPay. The company will add cryptocurrencies and
languages to CryptoFolio to attract more users and will also develop an IOS version of the app. CryptoFolio has great potential
to become a leader in crypto tracking apps. Several similar apps have an installed base of over a million unique users. Epazz
Inc. will evaluate the other apps to determine what additional features it should add.
"The synergies with ZenaPay and CryptoFolio are clear," said Shaun Passley, PhD, CEO of Epazz
Inc. "CryptoFolio users will benefit from ZenaPay. We will add mobile apps through acquisition or internal development over the
next few months. We believe blockchain is a very large industry, and we will use our skills to expand into this market."
About ZenaPay (http://www.zenapay.com ) - ZenaPay is being developed to
solve a major problem in high-risk industries: getting paid. Traditional banking systems do not allow high-risk industries to
access their payment systems. ZenaPay Bitcoin wallet has been download more than 10,000 times since its launch on the Android
Play Store. ZenaPay offers a cutting-edge payment solution that gives consumers a way to buy items online or in stores using
Bitcoin. The new Bitcoin payment software will allow consumers to use digital currency to make online or in-store purchases with
ease. The process will also be anonymous because all transaction details are encrypted through Bitcoin, which will enable stores
to accept digital currency instead of only cash. ZenaPay is available on the App Store and Play Store."
MGT Capital Investments, Inc. (OTCQB: MGTI) announced last month that it has executed a series of transactions that put
the Company in a debt-free and cash-rich position as it exits 2017. Specifically, investors holding a total of $4.6
million in convertible notes have exchanged their debt for equity. In addition, the Company sold two million newly issued
restricted shares for a total of $8.0 million, or $4.00 per share. The purchasers also received warrants to
acquire an equal number of MGT shares at a price of $4.50 per share. Robert Ladd, MGT's
Chief Executive Officer provided the following commentary on these events. "The returns in our bitcoin mining operations
have never been better, and the board has decided to enter into agreements that position the Company for even greater expansion
with less risk," concluded Mr. Ladd.
India Globalization Capital, Inc. (NYSE: IGC) reported last month that it will leverage its existing team of technology
and healthcare experts to develop methods utilizing blockchain in areas such as product identification assurance (PIA). "We
understand the unique challenges facing the cannabis industry and believe that our team has the expertise to be the first to
create meaningful solutions to address these issues using distributed ledgers inherent in blockchain technology. As we work to
develop blockchain in the rollout of Hyalolex, our goal would be to establish a universal cannabis platform applicable to solving
multiple industry challenges facing dispensaries and consumers. This would include addressing issues such as transactional
difficulties, inadequate product labeling, product identification assurance (PIA) and product origin assurance," stated Ram
Mukunda, CEO.
On Track Innovations Ltd (NASDAQ: OTIV) a global provider of near field communication (NFC) and cashless payment
solutions, announced this month that it now accepts cryptocurrency as a way to purchase its innovative cashless payment
solutions. "Bitcoin, Bitcoin Cash, Ethereum & Ripple Digital Currencies, amongst other digital currencies, have become the
conventional bearer for cryptocurrencies, and we predict it will become a market standard in the future of global payment," says
Shlomi Cohen CEO OTI Group "We look to the future with cryptocurrencies and are ready to encourage the purchase of our unique
solutions."
Eastman Kodak Company (NYSE: KODK) announced its license with WENN Digital concerning the KODAKOne platform and
KODAKCoin, a photo-centric cryptocurrency to empower photographers to take greater control in image rights management. "Since the
1800's, Kodak has always sought to deliver innovation that makes photography accessible, affordable and rewarding for everyone,"
said Jeff Clarke, CEO, Kodak. "We are focused on continuing to offer analog and digital
innovations that inspire creativity through our strategic licensed partners."
Subscribe Now! Watch us report from LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination,
branding, marketing and advertising for third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial
Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into
media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials
for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the
information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting
high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com
does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along
with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our
unique financial newswire and media platform. For epazz, inc. financial news dissemination and PR services, FinancialBuzz.com has
been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or
negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are
commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of
the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR
advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post
information about any companies the information contained herein is not intended to be used as the basis for investment decisions
and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or
solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or
losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or
presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their
investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and
financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by
the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com
constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment
strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is
solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives,
other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and
legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless
of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be
reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please
visit: http://www.financialbuzz.com
For further information:
Media Contact:
info@financialbuzz.com
+1-877-601-1879
Url: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com