#CryptoCorner #Podcast 495: #Stocks discussed (NasdaqGS: $PYPL) (TSXV: $HIVE.V) (OTCQB: $INTV)

#CryptoCorner #Podcast 495: #Stocks discussed (NasdaqGS: $PYPL) (TSXV: $HIVE.V) (OTCQB: $INTV)

 

PayPal Drops Plans to Acquire BitGo, HIVE Reports Corporate Update, and XRP Drops Due to Delistings Fuelled by SEC Lawsuit

 

Point Roberts, WA, Delta BC, December 24, 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.  Today’s podcast was sponsored by Integrated Ventures (OTCQB: INTV) , a company focused on acquiring, launching and operating assets in the cryptocurrency sector.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2020/122420-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/12241PYPL-HIVE-INTV.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Crypto Corner Episode 495: Stocks discussed: (NasdaqGS:PYPL) (TSXV:HIVE)

 

Bitcoin (BTC) is holding fairly steady, having fluctuated between about $23,000 and $23,500 in the past 24 hours, and trading for $23,340 at press time, according to data from CoinMarketCap.

 

Fortune reports that PayPal (NasdaqGS:PYPL) has dropped plans of acquiring crypto exchange BitGo. The firm itself did not confirm this, but “a person close to” PayPal said “the BitGo talks had fallen through, adding that PayPal is exploring other potential acquisitions.” Meanwhile BitGo CEO Mike Belshe told Fortune that “his company now holds over $16 billion worth of cryptocurrency assets,” and that it has benefited from the current bull market. Belshe said that BitGo was in growth mode and that it had a very healthy balance sheet.

 

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has shared a corporate update, indicating among other things, that from October 1 to December 21, 2020, it mined more than 19,000 Ether (ETH) and 140 Bitcoin on the cloud. This represents a decrease from the approximately 32,800 Ethereum mined in HIVE's second fiscal quarter ended September 30, 2020. On the other hand, the results indicate an increase in the number of Bitcoin mined in the third quarter, up from the 88 mined in Q2. Frank Holmes, Interim Executive Chairman of HIVE, commented on the company’s energy agreements in Sweden:

 

We're pleased to, for the second year in a row, have locked in advantageous electricity prices in Sweden through our direct agreements with local suppliers, the result of HIVE assuming full control of its Sweden operations in November 2019. This continues to provide cost certainty and allows us to plan for our next stage of growth. It is another successful step in our efforts to increase our underlying mining profitability in 2021."

 

Cointelegraph reported a 24 percent price drop for XRP in the space of one day as multiple exchanges have delisted the cryptocurrency. The delistings are a reaction to news that the United States Securities and Exchange Commission (SEC) is suing Ripple for “paying money to exchanges to permit the “buying and selling of XRP” on their platforms.” According to the report, Ripple CEO Brad Garlinghouse said he would “aggressively fight” and “prove our case” against the SEC, indicating that he declined the option to individually settle with the SEC.

 

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.

Crypto Corner Podcast sponsor

Integrated Ventures (OTCQB: INTV) is focused on acquiring, launching and operating assets in the cryptocurrency sector. 

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 Disclosure : INTV is a featured monthly crypto stock on Investorideas.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

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800-665-0411

 

 

Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories