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PR Newswire
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Blockchain Leveraging Advancements in Distributed Ledger Technology as Bitcoin and Crypto Markets Appear to be Stabilizing

PALM BEACH, Florida, June 18, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary

According to Coindesk, the cryptocurrency clocked a high of $6,736 on Bitfinex last week amid signs of a bear breather. However, bargain hunters were short in supply and prices fell back below $6,600 at 01:00 UTC today. Bitcoin has spent a better part of the last seven hours trading in the narrow range of $6,550 to $6,620. In addition a grey cloud hanging over the heads of cryptocurrency investors was lifted last Thursday after the Securities and Exchange Commission (SEC) ruled that Ethereum is not a security. Blockchain's strong year continued when The Wall Street Journal released its annual list of "Tech Companies to Watch." Of the 25 companies selected, five are blockchain initiatives. Last year, no blockchain-related companies were mentioned. The highest ranking company, Blockstream, is developing tech for Bitcoin micropayments and cryptocurrency data feeds for traders. Active tech companies today include: SinglePoint Inc. (OTC: SING), AppSwarm, Inc. (OTC: SWRM), Net Element, Inc. (NASDAQ: NETE), Seven Stars Cloud Group, Inc. (NASDAQ: SSC), Glance Technologies Inc. (CSE: GET) (OTC: GLNNF).

SinglePoint Inc. (OTCQB: SING) BREAKING NEWS: SinglePoint is pleased to announce the successful completion and filing of the company's Form 10 Registration Statement with the Securities and Exchange Commission. This is an important step in helping the company establish credibility in the investment community.

"We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It's a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth," states Wil Ralston President SinglePoint.Read this and more news for SinglePointat:http://www.marketnewsupdates.com/news/sing.html

In otherindustry news and developments:

AppSwarm, Inc. (OTCPK: SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, recently announced new features have been added to its 'Bitchart' cryptocurrency tracking app. The Company is pleased to announce it has received approval from Apple's iTunes for the addition of new features to its Bitcoin tracking app 'BitChart' 1.1. The app has now added a wallet where users can add their coins, or just build a portfolio to track the value of their coin holdings on their phone.

Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale ("POS"), e-commerce and mobile devices, announces the extension of its Netevia platform to include a smart solution for enabling secure vendor payments. According to Statista's 2017 B2B Ecommerce report, "B2B business is now dwarfing that of the B2C business." Global B2B sales are estimated at $7.7 trillion, compared to $2.3 trillion in B2C sales. Net Element aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions.

Seven Stars Cloud Group, Inc. (NASDAQ:SSC) recently announced a Joint Venture ("JV") with The Centre for Digital Revolution (C4DR). The JV will establish and develop the premier global standards of issuance, sales and distribution of digital assets, with operations out of the U.K. and mainland Europe. The JV will focus on developing and executing the highest level of compliance and institution-grade best practices in: 1. Compliant digital asset issuance and private sales; 2. Initial Exchange Offering ("IEO") of digital assets; 3. Digital asset clearance networks; 4. Multi-platform exchange syndication and trading.

Glance Technologies Inc. (CSE: GET.CN) (OTCQB: GLNNF) thanks shareholders for their support, input and participation throughout the recent proxy contest. Glance shareholders have reaffirmed their support for four highly qualified incumbent directors and have elected a new board member, Steve Cadigan. Glance looks forward to further engagement with its shareholders as it seeks to achieve its long term goals. "As we look to the future, our foundation is solid, we have great people in place, and we are well positioned to execute on our strategy," said Desmond Griffin, CEO of Glance. "We are focused on the intersection of mobile payments, mobile marketing and loyalty rewards, and blockchain.


DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty five hundred dollars for news coverage of the current press release issued by SinglePoint Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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