#CryptoCorner #Podcast 498- #Stocks discussed: (CSE: $NC.C) (NYSE: $GS) (OTCQB: $INTV)

 

 

#CryptoCorner #Podcast 498- #Stocks discussed: (CSE: $NC.C) (NYSE: $GS) (OTCQB: $INTV)

 

#Bitcoin Hits another new ATH, NetCents Announces Merchant Base Increase, SkyBridge has Invested $182 Million in BTC, and eToro Eyes IPO for 2021

 

 

Point Roberts, WA, Delta BC, December 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.  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/2020/123020-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2020/crypto-corner/12301NC-GS-INTV.asp

 

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Stocks discussed: (CSE:NC) (NYSE:GS)

 

On yesterday’s Crypto Corner, it appeared that Bitcoin (BTC) had cooled a bit from its recent bullish behaviour, as it fluctuated between $27,000 and $26,000. However, as the day wore on, Bitcoin regained its momentum, which culminated in yet another new all-time high of about $28,550, according to data from CoinMarketCap.

 

Catching up on the beleaguered XRP, it has actually rallied roughly 14 percent in the last 24 hours, and is trading for around $0.22 at press time. Ripple, for those who may not be aware, is being sued by the SEC, resulting in the delisting of XRP from major crypto exchanges.

 

Crypto payments firm NetCents Technology Inc. (CSE:NC) has announced an increase in its merchant base, having signed 330 merchants “in the business to business (B2B), luxury retail, and high-ticket value retail industries,” this month. Clayton Moore, Founder and CEO of NetCents, said:

 

"It's great to see the evolution of NetCents and where it's grown. We built the system to be agnostic so that anyone with a wallet can use our platform wherever they are in the world. What I'm finding interesting as the Company grows is that we see an increase in users coming directly to NetCents and signing up. We've seen 650 this month alone. Our growth in merchants from all industries is great for the Company and the overall industry, but it is these specific B2B and high-transaction value merchants that process instantly - that is where we are focusing our efforts. Their transaction sizes are significant, which is driving our monthly growth."

 

Last week, Crypto Corner reported that SkyBridge Capital, the investment firm founded by Anthony Scaramucci, has launched its own Bitcoin fund with an investment of $25 million. According to a report from CoinDesk today, SkyBridge has in fact already invested $182 million in Bitcoin. The report quotes Scaramucci from a recent CNBC interview:

 

“There are still skeptics out there and that’s why I think we’re in the first inning. But after the research we’ve done … and given the monetary supply and the global central banking coordination right now, this will be a very strong asset class over the next decade.”

 

Israeli outlet Calcalist reports that fintech and crypto trading firm eToro is targeting an IPO for the second quarter of 2021 with a valuation of $5 billion. eToro, according to the report, doubled its revenue to $500 million and gained five million new customers in 2020. The company is in talks with investment banking giant Goldman Sachs (NYSE:GS) to lead the Nasdaq listing.

 

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. 

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