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Friday, October 30, 2020

#CryptoCorner Episode 470: Huawei Launching Smartphone with Digital Yuan Wallet, NetCents (CSE: $NC.C) Increasing Credit Facility, and DMG (TSXV: $DMGI.V) Subsidiary Blockseer Launching #Bitcoin Mining Pool

#CryptoCorner Episode 470: Huawei Launching Smartphone with Digital Yuan Wallet, NetCents (CSE: $NC.C) Increasing Credit Facility, and DMG (TSXV: $DMGI.V) Subsidiary Blockseer Launching #Bitcoin Mining Pool

 


Point Roberts, WA, Delta BC October 30, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/103020-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/10301Huawei-NetCents-DMG.asp

 

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Stocks discussed: (CSE:NC) (TSXV:DMGI)

 

Heading into another weekend, and a new month, Bitcoin (BTC) is currently trading for about $13,250, according to data from CoinMarketCap. Though this is a decline from this past week’s peak of around $13,800, which Bitcoin reach on Tuesday, it still represents an increase from one week ago, when it was trading for just below $13,000.

 

Cointelegraph reports that Chinese telecom giant Huawei is launching a new smartphone that will feature “an integrated hardware wallet for China’s central bank digital currency, the digital yuan.” The Mate40 smartphone will also allow for dual offline transactions, wherein users can “transfer funds simply by touching their devices together, even if both are offline.” The Cointelegraph report is derived from an official post from the company on Chinese microblogging website Weibo today. A translated excerpt from that reads:

 

“#HuaweiMate40# series is the first smartphone that supports digital RMB hardware wallet, hardware-level security, controllable anonymity protection, dual offline transactions, bringing a new safe and convenient payment experience.”

 

NetCents Technology Inc. (CSE:NC) has increased its credit facility from $1.4 billion to $2 billion so as to facilitate continued merchant growth, a credit card launch, and white label projects. According to the press release, the increase will also enable the company to “have money in the market over an extended period and be able to profit from arbitrage opportunities,” and allow it “the capacity to eliminate volatility risk for all of its merchants.” Clayton Moore, CEO of NetCents, commented:

 

"We think we are at that inflection point. Bitcoin is coming out of the shadows and moving again into the spotlight, unfortunately many missed the 300% run from the bottom. I do think it is ironic that JP Morgan - whose CEO derided Bitcoin as a fraud in 2017, has published research indicating millennials prefer Bitcoin to Gold as a store of value and inflation hedge 'The older cohorts prefer gold, while the younger cohorts prefer Bitcoin as an 'alternative' currency' they said."

 

Blockseer, a subsidiary of DMG Blockchain Solutions Inc. (TSXV:DMGI), is launching a new North America-based Bitcoin mining pool. The press release defines mining pools as “the software protocols by which all miners connect to the various blockchains.” DMG’s CTO Adrian Glover commented:

 

“I am very proud of the work of our development team over the past year, to build and launch Blockseer’s pool platform. We built the pool on the technology platform that drives our mine management platform, thus creating a unified user experience for our customers, and enabling us to quickly add features to both products. In the near-term future, we will be providing audit ready reports and irrefutable proof of our customers’ mining revenue, directly from our user interface. For DMG, the launch of the pool is only the beginning, our team will continue to work hard on adding all of the revenue, cost tracking and projection information that miners look for. Following the same philosophy which we used in building our mine management platform, we built the pool we wished our vendors had provided for us.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

The Crypto Corner is part of the Investor Ideas Membership content

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

 

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Wednesday, October 28, 2020

#CryptoCorner Episode 469: JPMorgan Using JPM (NYSE: $JPM) Coin and Launches Onyx, Overstock’s (NASDAQ: $OSTK) Medici Ventures Invests $8 Million in Bitt

#CryptoCorner Episode 469: JPMorgan Using JPM (NYSE: $JPM) Coin and Launches Onyx, Overstock’s (NASDAQ: $OSTK) Medici Ventures Invests $8 Million in Bitt

 


Point Roberts, WA, Delta BC October 28, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/102820-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/10281JPM-OSTK.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NYSE:JPM) ( NASDAQ:OSTK)

 

Bitcoin (BTC) has taken a big tumble this morning after having reached a 2020 high just yesterday. According to data from CoinMarketCap, Bitcoin was trading for as much as about $13,830 on Tuesday but has fallen to around $13,080 at press time. It remains to be seen if this is merely a temporary correction as a result of possible overbuying, or whether it's an actual reversal in Bitcoin’s recent bull trend.

 

CNBC reports that JPM Coin, the digital currency created by JPMorgan (NYSE:JPM), is “being used commercially for the first time this week by a large technology client to send payments around the world.” According to the banking giant’s global head of wholesale payments, Takis Georgakopoulos, this has prompted JPMorgan to create a new business called Onyx, which will house its blockchain and digital currency efforts. He said:

 

“We are launching Onyx because we believe we are shifting to a period of commercialization of those technologies, moving from research and development to something that can become a real business.”

 

Medici Ventures, the wholly-owned blockchain subsidiary of Overstock (NasdaqGS:OSTK), has made an $8 million equity purchase in Barbados-based digital finance infrastructure provider Bitt. Overstock CEO and Medici Ventures President Jonathan Johnson, explained:

 

“We are strong believers in what Bitt is doing, and remain committed to supporting its forward-thinking vision, which aligns with Medici Ventures’ mission of democratizing capital, eliminating middlemen, and re-humanizing commerce. Bitt’s pioneering work in the central bank digital currency space promotes social inclusion, financial empowerment, and economic growth. It is the perfect use case for blockchain technology to fundamentally change the way in which we transact, and fundamentally change how societies function.”

 

Bitt CEO Brian Popelka, commented:

 

“Medici Ventures has been an ideal partner for Bitt, providing us with strong support and consistently believing in the mission of the company. This equity purchase will allow Bitt to continue to innovate and expand in the digital currency space, as global adoption of central bank digital currencies continues to garner global interest. Our goal is to empower those who have been disenfranchised by the financial system by providing improved payment options, which is especially important as we navigate through a global pandemic.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

The Crypto Corner is part of the Investor Ideas Membership content

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

 

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

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Monday, October 26, 2020

Investorideas.com - Cryptocurrency Stock News Bites: Marathon Patent Group (NASDAQ: $MARA) Announces Purchase Of Additional 10,000 S-19 Pro Miners From Bitmain

Investorideas.com - Cryptocurrency Stock News Bites: Marathon Patent Group (NASDAQ: $MARA) Announces Purchase Of Additional 10,000 S-19 Pro Miners From Bitmain

#CryptoCorner Episode 468, JPMorgan (NYSE: $JPM) Weighs in On #Crypto, Bitfarms (TSXV: $BITF.V) Signs MOU for South American Electricity, and NetCents (CSE: $NC.C) Provides Update for Crypto Credit Card

 

#CryptoCorner Episode 468, JPMorgan (NYSE: $JPM) Weighs in On #Crypto, Bitfarms (TSXV: $BITF.V) Signs MOU for South American Electricity, and NetCents (CSE: $NC.C) Provides Update for Crypto Credit Card

 


Point Roberts, WA, Delta BC, October 26, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/102620-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/10261JPM-Bitfarms-NetCents.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:PYPL) (NYSE:JPM) (TSXV:BITF) (CSE:NC)

 

Bitcoin (BTC) has weathered the weekend, more or less maintaining support at or slightly above $13,000 following last week’s bull run. This was, of course, influenced by an announcement from PayPal (NasdaqGS:PYPL) on October 21 that it was debuting a crypto trading service. At press time, the flagship cryptocurrency is trading for about $13,200, according to data from CoinMarketCap.

 

This recent rise of Bitcoin was addressed in a note dated October 23 from JPMorgan (NYSE:JPM), according to an article from Business Insider. An excerpt from the note reads:

 

"Cryptocurrencies derive value not only because they serve as stores of wealth but also due to their utility as means of payment. The more economic agents accept cryptocurrencies as a means of payment in the future, the higher their utility and value."

 

A further excerpt reads:

 

"The potential long-term upside for bitcoin is considerable as it competes more intensely with gold as an 'alternative' currency we believe, given that Millenials would become over time a more important component of investors' universe."

 

Bitfarms Ltd. (TSXV:BITF) has signed a non-binding memorandum of understanding (MOU) with a private energy producer for the use of up to 200 MW of electricity in South America at an average price of US 2 cents per kilowatt hour. Bitfarms Interim CEO, Emiliano Grodzki, explained:

 

"As previously announced, during the second fiscal quarter of 2020, Bitfarm’s average cost of electricity to mine a Bitcoin (in USD) was US$5,075. Under the terms of the MOU and under the same prevailing conditions, our cost would have been about half which would be about US$2,538 per Bitcoin before amortization of infrastructure costs. This simple example demonstrates the significant competitive advantage that results from having access to a large amount of low-cost power. At this level, this would make Bitfarms one of the most low-cost Bitcoin miners in the world."

 

NetCents Technology Inc. (CSE:NC) has provided an update on the development of its NetCents Cryptocurrency Credit Card, a project for which it had joined the Visa Fintech Fast Track Program earlier this year, and with i2c Inc. as the backend provider. According to the press release, the company has “completed all the technical development needed for the Visa Program launch and is proceeding with the final certification phase during the week of October 26, 2020.” Clayton Moore, Founder and CEO of NetCents, commented:

 

"i2c is providing technology to the biggest companies in the payments industry. They have developed thousands of software building blocks that can be configured to the many use cases we expect to have for our payment's ecosystem. They are effectively - "fast-tracking" our fast track with Visa. Our relationship with i2c will facilitate the rollout of our Visa Card from the North American market to the global market in a seamless manner."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

The Crypto Corner is part of the Investor Ideas Membership content

 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

 

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

 

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

 

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#CryptoCorner #Podcast 679: #Stocks discussed: (TSX: $GLXY.TO) (NYSE: $IVZ) (OTC: $MIGI) (NYSE: $BTCM)

      #CryptoCorner #Podcast 679: #Stocks discussed: (TSX: $GLXY.TO) (NYSE: $IVZ) (OTC: $MIGI) (NYSE: $BTCM)   Galaxy Digital Part...