Crypto Corner for May 20 2019

Just before the weekend we observed a sudden drop in the crypto market, with Bitcoin (BTC) falling as low as $7050 on Friday, and the total crypto market cap sinking to about $220 billion, according to data CoinMarketCap. Over the course of the weekend, however, Bitcoin has made a significant recovery, and is trading for $7770 at press time. Total market capitalization is currently sitting at $241 billion. This crypto recovery peaked yesterday, but has since fallen alongside a drop in the Dow this morning

Reuters reports that Facebook (NasdaqGS:FB) has formed a new blockchain-based fintech company in Switzerland called Libra Networks. The company, which was registered on May 2 in Geneva, will focus on “investing, payments, financing, identity management, analytics, big data, blockchain and other technologies.”

The European Central Bank issued a report on Friday, in which it claims that cryptocurrencies do not represent a threat to the stability of finance in Europe.

Crypto-assets currently do not pose a material risk to financial stability in the euro area. Their combined value is small relative to the financial system. The sector nevertheless requires continuous careful monitoring, as market developments are dynamic and linkages to the wider financial sector may increase to more significant levels in the future.

Ethereum (ETH)-based stock exchange SprinkleXchange expects to list its first company in June, according to a report from Bloomberg. Based in Bahrain, SprinkleXchange uses the Ethereum blockchain for settlement and clearing – the first licensed IPO-platform in the world built on blockchain technology – and targets companies with a market cap of $20 million to $200 million for listing. The company’s CEO, Alexander Wallin, told Bloomberg in a phone interview:

“We have the luxury of being first with this, but we’re aware that it will become a crowded market. It’s like moving from VHS to streaming; Netflix did it nicely and was first, but now there are lots of streaming sites.”

About Bell Wine Cellars

Bell Wine Cellars is a boutique family owned, ultra premium winery located in the Yountville appellation of Napa Valley that is committed to handcrafting world class wines of extraordinary quality and value. The estate is situated off the beaten path, just one mile south of Yountville. Bell specializes in clonal bottlings of Cabernet Sauvignon. Experience tasting in our cellar surrounded by oak barrels while watching the winemaking team nurture future vintages of exquisite wine. Tastings are available every day by appointment from 10AM to 4PM. Visit bell wine cellars dot com or call the winery to book your experience at 707-944-1673.

Suicide Affects Us All

When a suicide occurs, it affects more than just the family. While the family is feeling it the most, a suicide can actually trickle out to the entire community.

Friends and loved ones are hit hard. Co-workers, caregivers and teachers can be in the next level of those affected. Some people may not have had the same amount of interaction, but these people may feel a sadness or loss that is stronger than we might expect. The truth is, when someone is lost through suicide, it creates a wave that has a far and powerful reach among the community.

You may not always be able to know who is suicidal, but you can be kind and know that everyone is fighting battles you can’t see.

Visit our website at bio one ink dot com.

Wine and Hospitality Job Listings

Here are some current Wine and Hospitality Job Listings.

The Taste of Tea is seeking a Chef de Partie aka Station Chef.

Bounty Hunter is seeking a Wine Scout Retail Wine Sales Professional

TIPS Roadside is looking for a General Manager.

Beautiful Places is seeking a Head of Operations and Client Service Delivery Luxury Vacation Rentals

Alkar HR is seeking Chefs and Sous Chefs, Wine Educator, Servers, Housekeepers, Call Center Representatives, Bottlers, Dishwashers, Warehouse Workers, Accounting Representatives, Bookkeepers, and Grape Sorters.

Visit Wine and Hospitality Jobs dot com to apply for these positions.

Northland Auto Enterprises

Northland Auto Enterprises is the Minnesota and North Dakota independent auto dealers association. Since 1990 Northland has offered dealer marketing supplies, customized dealer forms, very competitive dealer bonds, GPS units, rental insurance, and rent to own and lease to own insurance in all 50 states. Now Northland is offering dealer insurance and any other insurance dealers need.