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Friday, January 29, 2021

Investorideas.com - Cryptocurrency Stock News Bites: Marathon Patent Group (NASDAQ: $MARA) Provides One-Year Grant To World-renowned Bitcoin Core Developer Jonas Schnelli

Investorideas.com - Cryptocurrency Stock News Bites: Marathon Patent Group (NASDAQ: $MARA) Provides One-Year Grant To World-renowned Bitcoin Core Developer Jonas Schnelli

#CryptoCorner #Podcast 518: #Stocks discussed: (NYSE: $GME) (NasdaqGS: $MARA) (CSE: $BIGG.C)

#CryptoCorner #Podcast 518: #Stocks discussed: (NYSE: $GME) (NasdaqGS: $MARA) (CSE: $BIGG.C)

 

#Bitcoin Rallies After Elon Musk Boost, Dogecoin Breaks Records Following WallStreetBets Pump, Marathon Provides One-Year Grant for Bitcoin Core Developer, and BIGG Acquires $1 Million CAD in Bitcoin

 


Point Roberts, WA, Delta BC January 29, 2021 -  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/2021/012921-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01291GME-MARA-BIGG.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Bitcoin (BTC) is up over 16 percent in the last 24 hours after having rocketed about $5,000 from around $32,000 to about $37,000 yesterday, according to data from CoinMarketCap. This is being attributed to, in part, Elon Musk’s adding #bitcoin to his Twitter profile description.

 

But the attention this brings to Bitcoin is arguably being overshadowed by that of the Dogecoin (DOGE) altcoin. CoinMarketCap has Dogecoin up around 300 percent at press time, though this is subject to drastic and sudden change. Similar to the recent surge of GameStop (NYSE:GME), this explosive growth was instigated by posts and tweets from WallStreetBets traders on Twitter and Reddit. Apart from the growth in trading price, Dogecoin has also seen record highs in its trading volume – which briefly surpassed that of Bitcoin.

 

Marathon Patent Group, Inc. (NasdaqGS:MARA) has provided a one-year grant to bitcoin core developer Jonas Schnelli. According to the press release, this “follows Coinbase’s recent decision to help contribute to the development of Bitcoin Core by offering grants to two developers,” both of whom had previously “been receiving funding from crypto mining giant, Bitmain.” Merrick Okamoto, Marathon’s chairman and CEO, said:

 

“As one of the largest Bitcoin mining firms, we believe it is essential that we do our part to help advance the Bitcoin network. Absent core developers like Jonas, Bitcoin’s efficacy and long-term adoption, and therefore our business, could be impacted. This grant will allow Jonas to continue his important work on our collective behalf.”

 

BIGG Digital Assets Inc. (CSE:BIGG) has acquired 24.3 additional Bitcoins ($1 million CAD) which will be used for its online cryptocurrency brokerage Netcoins’ operational float, and also become part of BIGG’s long term treasury holdings. This purchase brings the company’s treasury to 239.3 bitcoin ($10.3 million CAD). BIGG CEO, Mark Binns, said:

 

“BIGG’s subsidiary Netcoins continues to experience significant monthly increases in trading volume, and with immediate settlement to customers, we require a larger crypto float to meet daily customer buying demands. To meet this demand, we have expanded our Bitcoin holdings and will continue to do so over the coming weeks. We also believe our Bitcoin holdings can act as a source of self financing and value creation over time, as we continue to expand our core crypto trading and blockchain forensic software businesses.”

 

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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Thursday, January 28, 2021

Investorideas.com - Cryptocurrency Stock News: Hut 8 Mining (TSX: $HUT.TO) (OTCQX: $HUTMF) Named 11th in the 2021 OTCQX Best 50

Investorideas.com - Cryptocurrency Stock News: Hut 8 Mining (TSX: $HUT.TO) (OTCQX: $HUTMF) Named 11th in the 2021 OTCQX Best 50

#CryptoCorner #Podcast 517: #Stocks discussed: (OTC: $SBHGF) (NYSE: $SMFG) (NasdaqGS: $OSTK) (TSXV: $HIVE.V)

#CryptoCorner #Podcast 517: #Stocks discussed: (OTC: $SBHGF) (NYSE: $SMFG) (NasdaqGS: $OSTK) (TSXV: $HIVE.V)

 

SBI Holdings and SMFG to Launch #Blockchain-Based Digitalized Stock Exchange, tZero Partners with Prime Trust, and HIVE Plans to Expand #Ethereum Footprint

 


Point Roberts, WA, Delta BC January 28, 2021 -  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/2021/012821-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01281SBHGF-SMFG-OSTK-HIVE.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (OTC:SBHGF) (NYSE:SMFG) (NasdaqGS:OSTK) (TSXV:HIVE)

 

Bitcoin (BTC) is back above $30,000 this morning, having spent yesterday slowly climbing out of its recent downturn, according to data from CoinMarketCap. At press time, it is trading for about $32,000, up about 5.75 percent in the last 24 hours.

 

Nikkei Asia reports that SBI Holdings, Inc. (OTC:SBHGF) and Sumitomo Mitsui Financial Group (NYSE:SMFG) plan to launch a digitalized stock exchange in Osaka in the spring of 2022 to compete against the Tokyo Stock Exchange. According to the article, “the joint venture also aims to be the first Japanese exchange to handle digital securities using blockchain technology.”

 

tZero, the blockchain arm of Overstock (NasdaqGS:OSTK), has announced a partnership with Prime Trust, the latter of which is described in the press release as a “leading provider of all-in-one, financial infrastructure for fintech innovators.” tZERO CEO Saum Noursalehi explained:

 

"Digital infrastructure isn't just another settlement or payment system – it represents an evolution in how we will issue, record, transfer and settle value seamlessly across markets and geographies by leveraging technology that is superior to the legacy systems and infrastructure in place today. The initiatives announced today affirm our commitment to remain agile and swiftly adapt to regulatory and technological developments in order to foster a robust and dynamic marketplace."

 

HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has announced plans to expand the footprint of its Sweden GPU mining data centre by an immediate 2 MW at an estimated cost of $9 million, by the end of April 2021. An excerpt from the press release reads:

 

“By the end of 2021 we are planning a 30% increase in our Ethereum mining capacity. The immediate expansion of the operating footprint would be accomplished through an infrastructure re-fitting of a portion of its existing facility in Boden, Sweden at an estimated cost of US$ 250,000 and the purchase of new generation GPU chips and associated mining rigs to house them at an estimated cost of US$ 8.75 million. These new generation chips are expected to be more efficient than currently available GPU chips on the market while consuming less electricity, which should lead to continuing positive gross margins.”

 

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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Wednesday, January 27, 2021

#CryptoCorner #Podcast Episode 516: #Stocks discussed: (NasdaqGS: $TSLA) (TSX: $HUT.TO)

#CryptoCorner #Podcast Episode 516: #Stocks discussed: (NasdaqGS: $TSLA) (TSX: $HUT.TO)

 

Tesla Investor Predicts Significant Business Investment in BTC, and Hut 8 Announces Loan Repayment Plans

 


Point Roberts, WA, Delta BC January 27, 2021 -  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/2021/012721-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01271TSLA-HUT.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:TSLA) (TSX:HUT)

 

Bitcoin (BTC) has slipped below $30,000 in the past 24 hours, and is trading for about $29,800 at press time, according to data from CoinMarketCap. This is quite likely a reaction to global equities trading lower and the US dollar trading higher today in anticipation of a Federal Reserve meeting later today, according to an article from CoinDesk. The article posits that if Fed Chairman Jerome Powell alludes to an unwinding of stimulus programs, there may be increased selling pressure on Bitcoin, whereas continuation of stimulus could prove beneficial to the cryptocurrency.

 

Cathie Wood, CEO of ARK Investment Management, a major investor in Tesla (NasdaqGS:TSLA), believes “there is no better hedge against inflation than bitcoin,” and foresees further institutional investment in the cryptocurrency, according to an article from Forbes. Wood said:

 

"I think we're going to hear about more companies putting this hedge [bitcoin] on their balance sheet ... particularly tech companies who understand the technology and are comfortable with it.”

 

The piece then quotes from ARK’s annual research report:


 

"if all S&P 500 companies were to allocate 1% of their cash to bitcoin, its price could increase by approximately $40,000."

 

According to a recent tweet from technology researcher Kevin Rooke:

 

“Last year, public companies held fewer than 20,000 BTC on their balance sheets. Today, 19 public companies hold 105,837 BTC on their balance sheets, valued at over $3.6 billion.”

 

Hut 8 Mining Corp. (TSX:HUT) has announced finalized plans to repay its $20 million loan with Genesis Global Capital. According to the press release, the loan “allowed the company to hold a larger bitcoin balance by using its bitcoin as collateral for a loan.” Jaime Leverton, CEO, Hut 8, commented:

 

"The robust BTC holdings on our balance sheet is a key differentiator for the company and the Genesis loan allowed us to maintain this crucial strength while reducing our fiat spending. Paying it in full illustrates Hut 8's strategy for growth, providing incremental value to shareholders and ensuring our unique position as a global leader in mining."

 

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

Investorideas.com - Cryptocurrency Stock News: Vinergy (CSE: VIN) Announces Strategic Financing of $1.5 Million to Accelerate Blockchain and Crypto Currency Capital Allocation Strategy

Investorideas.com - Cryptocurrency Stock News: Vinergy (CSE: VIN) Announces Strategic Financing of $1.5 Million to Accelerate Blockchain and...