How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption

At the same time, its new Android update introduced crypto pairing, enabling mobile users to link their Opera cryptocurrency wallet with their desktop …

You may not have noticed, but crypto’s first killer app is already here. It’s called the mobile browser. Until recently, mobile internet browsers were little more than a means to connect to the web on the go. Then, developers began integrating crypto-friendly functionality such as wallet, dapp store, and VPN, supercharging the humble mobile browser and transforming it into a powerful toolkit with a range of applications.

Also read: Simple Bitcoin Widget Gives You Crypto Prices on the Go

Using Crypto on the Go Is Getting Easier

Mobile web browsers are quietly evolving into highly versatile tools for cryptocurrency users. In the process, they’ve lowered the barriers for entry for beginners by making it easy to take the first steps towards owning and using cryptocurrency. Quietly yet steadily, a number of software and hardware developers have been adding functionality to feature phones through infusing them with the tools required to browse the Web 3.0. It’s still early days, but the progress that has been made in bringing everyday usability to crypto assets bodes well for wider adoption.

Dream Team is an esports token that can be used for payment, sponsorship, and competition prizes in the $750M gaming market. While creating use cases for the project’s token has been a relatively straightforward exercise, getting it into the hands of its intended audience – pro players and the millions of fans who watch their live-streamed antics – has hitherto been hard. Now, thanks to the emergence of in-browser crypto wallets, young, mobile-oriented audiences can receive and award tokens such as Dream Team’s seamlessly while streaming their favorite esports events. Opera’s crypto-friendly Android browser has been pivotal in driving this trend, with Brave hot on its heels.

How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption

New Features, New Users, More Options

Until Opera came along, spending cryptocurrency in-browser was largely constrained to desktop devices, with Metamask handling ETH and ERC20 tokens and Badger taking care of all things BCH. With the introduction of Opera’s integrated ETH wallet, however, it’s now simple for users to browse, buy, send and receive crypto all within their web browser. On March 20, Opera went one step further, introducing an in-browser VPN for mobile users that can be activated in two clicks. At the same time, its new Android update introduced crypto pairing, enabling mobile users to link their Opera cryptocurrency wallet with their desktop browser, explaining:

With the recent improvements to our Crypto Wallet, including our efforts to dramatically simplify the acquisition of funds, we are fulfilling our goal to make Opera for Android the natural choice for stepping into blockchain technology and Web 3.0 for the first time.

How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption

The Marriage of Smartphone Hardware and Software

The greatest progress that has been made in mainstreaming cryptocurrency through mobile has arguably come courtesy of HTC and Samsung, working in conjunction with companies such as Opera. The former’s Exodus smartphone includes a hardware wallet that integrates with the Opera browser. Users benefit from having their funds securely stored on the phone’s Zion wallet, while still being able to spend their crypto within the Opera browser, which also grants access to a plethora of dapps through the Opera Dapp Store.

This week, a software update to the Exodus phone added Zion wallet support for stellar. The wallet already supports bitcoin core, litecoin, and ethereum. In addition, Zion now enables crypto to be purchased directly via credit card in conjunction with Simplex. There’s a 5% fee and $10 minimum fee, but it’s another small step towards making it easier to purchase crypto assets and spend them directly within the Opera browser. In the last three weeks, Brave has also rolled out Brave Rewards Beta on Android, enabling users to reward content creators using the native BAT token.

How Mobile Browsers Are Driving the Next Wave of Cryptocurrency Adoption

There’s still work to be done in improving the UX and the range of cryptocurrencies these browsers support. Nevertheless, significant strides have been made in making it easier to spend and send cryptocurrency on mobile. Out of nowhere, the humble mobile browser has risen to become one of the most valuable drivers of mainstream cryptocurrency adoption.

What’s your favorite mobile browser and have you used it to store and send cryptocurrency? Let us know in the comments section below.


Images courtesy of Shutterstock.


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Kai Sedgwick

Kai’s been playing with words for a living since 2009 and bought his first bitcoin at $19. It’s long gone. He’s previously written white papers for blockchain startups and is especially interested in P2P exchanges and DNMs.

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Pacer Advisors Inc. Raises Holdings in eBay Inc (EBAY)

Baupost Group LLC MA bought a new position in shares of eBay in the 4th quarter worth about $589,470,000. Bank of New York Mellon Corp …

eBay logoPacer Advisors Inc. grew its stake in eBay Inc (NASDAQ:EBAY) by 40,055.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 124,080 shares of the e-commerce company’s stock after purchasing an additional 123,771 shares during the quarter. Pacer Advisors Inc.’s holdings in eBay were worth $4,608,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Baupost Group LLC MA bought a new position in shares of eBay in the 4th quarter worth about $589,470,000. Bank of New York Mellon Corp increased its stake in shares of eBay by 30,706.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 12,508,428 shares of the e-commerce company’s stock worth $413,028,000 after acquiring an additional 12,467,825 shares in the last quarter. Norges Bank bought a new position in shares of eBay in the 4th quarter worth about $244,327,000. Nordea Investment Management AB increased its stake in shares of eBay by 74.8% in the 3rd quarter. Nordea Investment Management AB now owns 17,883,506 shares of the e-commerce company’s stock worth $590,516,000 after acquiring an additional 7,651,060 shares in the last quarter. Finally, M&T Bank Corp increased its stake in shares of eBay by 5,046.2% in the 4th quarter. M&T Bank Corp now owns 7,322,802 shares of the e-commerce company’s stock worth $205,550,000 after acquiring an additional 7,180,506 shares in the last quarter. Institutional investors and hedge funds own 86.42% of the company’s stock.

NASDAQ:EBAY opened at $37.72 on Thursday. The stock has a market cap of $34.51 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 1.84 and a beta of 1.35. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.60 and a quick ratio of 1.60. eBay Inc has a fifty-two week low of $26.01 and a fifty-two week high of $43.00.

eBay (NASDAQ:EBAY) last released its quarterly earnings data on Tuesday, January 29th. The e-commerce company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.86 billion. eBay had a net margin of 23.54% and a return on equity of 27.40%. Equities research analysts expect that eBay Inc will post 2.15 earnings per share for the current year.

The business also recently declared a Not Available dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 1st were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 28th. eBay’s payout ratio is presently 24.14%.

EBAY has been the subject of several research reports. Imperial Capital decreased their price target on shares of eBay from $64.00 to $56.00 in a research note on Thursday, January 31st. TheStreet upgraded shares of eBay from a “c+” rating to a “b-” rating in a research note on Wednesday, January 30th. Aegis reiterated a “buy” rating and issued a $40.00 price target (down from $44.00) on shares of eBay in a research note on Wednesday, January 2nd. BidaskClub upgraded shares of eBay from a “hold” rating to a “buy” rating in a research note on Thursday, December 20th. Finally, Citigroup reiterated a “buy” rating and issued a $42.00 price target (up from $41.00) on shares of eBay in a research note on Wednesday, January 30th. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and fourteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $39.13.

In other news, VP Brian J. Doerger sold 10,185 shares of the firm’s stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $34.30, for a total transaction of $349,345.50. Following the sale, the vice president now owns 39,544 shares of the company’s stock, valued at approximately $1,356,359.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 6.22% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Pacer Advisors Inc. Raises Holdings in eBay Inc (EBAY)” was originally published by XNewsPress and is the property of of XNewsPress. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://xnewspress.com/news/2019/04/11/pacer-advisors-inc-raises-holdings-in-ebay-inc-ebay.html.

eBay Company Profile

eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

Further Reading: What is a balanced fund?

Want to see what other hedge funds are holding EBAY?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc (NASDAQ:EBAY).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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Ad Tech: Keep Calm & Carry On

Sizmek’s downfall seems to have triggered panic in ad-tech circles. We all love a bit of drama – but we truly have reached new heights of hyperbole …

Sizmek’s downfall seems to have triggered panic in ad-tech circles. We all love a bit of drama – but we truly have reached new heights of hyperbole when we get comparisons between the fall of a mid-sized ad-tech firm and the 2007 multibillion dollar financial meltdown. Drama, indeed.

Maybe there are unseen debt-bergs submerged in the murky waters of media ready to sink ad tech. But then this is always the case. Intermediaries always carried debt – and always will.

When was the last time a marketer/holding group paid on time? I can’t remember either.

The Sizmek fall is not the canary-in-a-coal-mine moment for the industry that so many seem desperate to happen.

Sizmek – just another PE ad-tech misadventure

In truth the not-so-seismic event is, as usual, a properly boring story: Sizmek failed simply because its financial PE overlords, Vector Capital, made too many missteps.

When Vector Capital took Sizmek private in 2016 for USD$113m (£86.4m), it had grand aspirations of building a martech stack. This should never have been the goal for Sizmek and its core ad-server business. Its previous acquisitions were a series of point solutions intended (unsuccessfully) to move the business forward, and were eventually sunset. Some of these included: StrikeAd, Peer39, Aerily, Eyewonder, and EyeBlaster.

This didn’t affect the industry’s perception of the company: Sizmek had built a scaled ad-server business, and was seen as a global alternative to Google. The company had sizeable deals with a number of big holding groups.

Vector probably assessed the Sizmek opportunity and thought it could increase profitability by cutting costs within the company or merge it with overlapping ad-tech assets.

Rocketfuel, the ‘bête noire’ of ad tech

With the latter strategy, Vector was about to seal the fate of Sizmek. It is no exaggeration to say that Rocketfuel is the ad-tech calamity of our time. Not only did it destroy billions in shareholder value during its brief lifetime as a publicly listed ad network, but it managed to collapse a decent business.

Now some of our readers would probably take me to task on this, but I have been consistent in my criticism of Rocketfuel since its early days.

Let me elaborate on the first point. Rocketfuel should have never gone public. An ad net should never go public. That company could have printed money as a private company. I think ad nets are the best business models in this business.

But alas, it went public on wishful thinking: its chunky margins of 60%+ could never be sustained; and its flimsy business model could easily be picked apart by a half-driven lad with a DSP seat, good agency contacts, and a bag full of rebate cash.

When analysts understood the business model, its share price inevitably crashed. Seriously, what was Wall Street thinking?

On the second point, you can argue that Rocketfuel was the straw that broke Sizmek’s back. Vector overpaid for it at USD$125m (£95.6m). It then underestimated the resources and cost required for RocketFuel’s integration. Add into that the cost of managing programmatic supply, and you can see how Sizmek ended where they did.

Seeing the the losses accelerate, Vector offloaded to another PE firm.

Whatever happens next with Sizmek, it won’t sink ad tech. Ad tech has issues, but money management is a perennial problem. Maybe payment terms and conditions get tightened. That’s a good thing, not an end-of-the-world incident.

…but… but what about Chrome ITP?

My good friend, Ronan Shields, broke the story about Google introducing some kind of privacy in Chrome a few weeks back. The story has caused a stir for good reason.

The entire ecosystem relies on the third-party cookie to operate. If Google decides to go nuclear on ad tech and kills third-party cookies, it will pretty much result in a nuclear winter. In that scenario, I will probably have to retrain as a barista – and, through some strange twist of karmic retribution, will end up working as a coffee boy in the Google canteen.

But I don’t think this will happen. At its I/O conference in early May, I expect Google to strike a balanced approach to privacy: offering a Chrome ID open to the industry for measurement, targeting, and frequency capping.

The ID will be cleared every 7-14 days, ensuring a level of privacy for users and means for the industry to operate.

If Google decides to follow the example of Apple, and ban the third-party cookie outright on Chrome, I can see the following happening:

1. Vestagher will immediately activate a case against Google’s anti-competitive behaviour in ad tech and digital advertising

2. This will not lead to fines, but Google will be forced to divest of key assets in Europe, namely Chrome, ad tech, and YouTube

3. State-level cases will be filed by AGs in the U.S., causing serious trouble at state level

4. GAFA break-up will become an entrenched issue in the U.S. presidential election

5. Publisher SSO (Single Sign-Ons) will become a matter of survival for European publishers, thus blunting the control of the duopoly in Europe.

6. There will be a swing back to the power of context and premium

7. The long tail will get battered by any change, but Google will find a way for AdSense to thrive

8. In the short term, it will drive ID practices underground with fingerprinting becoming the go-to for buyers.

9. But in the long term, this will shake ad tech out of its complacency, sparking a bunch of innovation around privacy-first ID solutions

Whatever happens on 7 May, this move by Google once again demonstrates why this industry has to move beyond the cookie. I think Google is doing us all a massive favour – and I applaud them for it (slow clap).

This industry needs to be mindful of privacy and put the user first. I believe the Google I/O announcement will accelerate this.

Ad tech will remain the blood and guts of internet monetisation, but it’s now time to roll up the sleeves and fix the big ID problem. In the meantime: ad tech needs to keep calm and carry on.

Correction: A previous version of this article stated that Sizmek’s acquisitions, including StrikeAd, Peer39, Eyeblaster, Eyewonder, Aerily, were bolted onto Sizmek’s core ad-server business to create a Frankenstack. This was highlighted by a former Sizmek employee to be untrue, and has been updated.

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eBay Inc (EBAY) Shares Sold by Dubuque Bank & Trust Co.

Baupost Group LLC MA purchased a new position in shares of eBay in the fourth quarter worth $589,470,000. Nordea Investment Management AB …

eBay logoDubuque Bank & Trust Co. decreased its stake in eBay Inc (NASDAQ:EBAY) by 46.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 741 shares of the e-commerce company’s stock after selling 635 shares during the period. Dubuque Bank & Trust Co.’s holdings in eBay were worth $28,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Magellan Asset Management Ltd increased its stake in eBay by 0.3% during the 3rd quarter. Magellan Asset Management Ltd now owns 23,584,773 shares of the e-commerce company’s stock valued at $778,769,000 after purchasing an additional 71,258 shares in the last quarter. Baupost Group LLC MA purchased a new position in shares of eBay in the fourth quarter worth $589,470,000. Nordea Investment Management AB lifted its holdings in shares of eBay by 10.5% in the fourth quarter. Nordea Investment Management AB now owns 19,769,574 shares of the e-commerce company’s stock worth $554,934,000 after buying an additional 1,886,068 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of eBay by 4.8% in the third quarter. The Manufacturers Life Insurance Company now owns 13,230,455 shares of the e-commerce company’s stock worth $436,869,000 after buying an additional 611,852 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of eBay by 30,706.7% in the third quarter. Bank of New York Mellon Corp now owns 12,508,428 shares of the e-commerce company’s stock worth $413,028,000 after buying an additional 12,467,825 shares in the last quarter. 86.42% of the stock is currently owned by institutional investors.

Shares of EBAY opened at $37.72 on Thursday. eBay Inc has a fifty-two week low of $26.01 and a fifty-two week high of $43.00. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $34.54 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.84 and a beta of 1.35.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Tuesday, January 29th. The e-commerce company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.03. eBay had a net margin of 23.54% and a return on equity of 27.40%. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.86 billion. As a group, analysts anticipate that eBay Inc will post 2.15 EPS for the current year.

The firm also recently announced a Not Available dividend, which was paid on Wednesday, March 20th. Investors of record on Friday, March 1st were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 28th. eBay’s payout ratio is 24.14%.

EBAY has been the topic of several research reports. Goldman Sachs Group cut shares of eBay from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $34.00 to $32.00 in a research report on Friday, January 4th. DA Davidson boosted their price objective on shares of eBay to $44.00 and gave the company a “buy” rating in a research report on Monday, March 4th. TheStreet raised shares of eBay from a “c+” rating to a “b-” rating in a research note on Wednesday, January 30th. ValuEngine lowered shares of eBay from a “hold” rating to a “sell” rating in a research note on Friday, January 4th. Finally, Aegis restated a “buy” rating and issued a $40.00 target price (down from $44.00) on shares of eBay in a report on Wednesday, January 2nd. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $39.13.

In related news, VP Brian J. Doerger sold 10,185 shares of the company’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $34.30, for a total transaction of $349,345.50. Following the transaction, the vice president now owns 39,544 shares of the company’s stock, valued at $1,356,359.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.22% of the stock is owned by insiders.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.baseballdailydigest.com/news/2019/04/11/dubuque-bank-trust-co-sells-635-shares-of-ebay-inc-ebay.html.

eBay Profile

eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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Is Buying RAKUTEN INC ORDINARY SHARES (OTCMKTS:RKUNF), Having Lower Short Interest a …

… published on March 23, 2017, Seekingalpha.com published: “The Disappointing Telco IPO Is Not A Catastrophe For SoftBank Group Corp. – But It …

Rakuten, Inc. (OTCMKTS:RKUNF) Logo

The stock of RAKUTEN INC ORDINARY SHARES (OTCMKTS:RKUNF) registered a decrease of 7.05% in short interest. RKUNF’s total short interest was 6.27M shares in April as published by FINRA. Its down 7.05% from 6.74 million shares, reported previously. With 13,800 shares average volume, it will take short sellers 454 days to cover their RKUNF’s short positions.

The stock increased 0.76% or $0.07 during the last trading session, reaching $10. About 18,044 shares traded or 57.98% up from the average. Rakuten, Inc. (OTCMKTS:RKUNF) has 0.00% since April 11, 2018 and is . It has underperformed by 4.37% the S&P500.

Rakuten, Inc. operates as an Internet service well-known provider in Japan, the Americas, Europe, and internationally. The company has market cap of $13.45 billion. The firm operates in two divisions, Internet Services and FinTech. It has a 10.28 P/E ratio. The Internet Services segment operates various e-commerce sites, including Rakuten Books, an online book store; Rakuten Travel, an Internet travel site; Rakuten GORA, which provides online golf course reservation services; Rakuten Mobile that offers mobile virtual network operator services; and Ebates, an online cash back site, as well as engages in the business for sales of advertising on these sites.

More notable recent Rakuten, Inc. (OTCMKTS:RKUNF) news were published by: Seekingalpha.com which released: “Indigo Books & Music – The One Bookstore That Got It Right – Seeking Alpha” on March 22, 2017, also Investorplace.com with their article: “The Strength of Alibaba Group Holding Ltd (BABA) Stock’s Subsidiary Ant Financial – Investorplace.com” published on March 23, 2017, Seekingalpha.com published: “The Disappointing Telco IPO Is Not A Catastrophe For SoftBank Group Corp. – But It Points To What Could Become One – Seeking Alpha” on December 24, 2018. More interesting news about Rakuten, Inc. (OTCMKTS:RKUNF) were released by: Seekingalpha.com and their article: “Rakuten Inc. ADR 2018 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on May 10, 2018 as well as Investorplace.com‘s news article titled: “Here’s How Facebook Inc (FB) and Viber Will Win Big – Investorplace.com” with publication date: February 08, 2017.

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