#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

 

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