#CryptoCorner #Podcast Episode 503: #Stocks discussed: (NasdaqGS:$EQOS) (TSX: $HUT.TO) (OTCQB: $INTV)

#CryptoCorner #Podcast Episode 503: #Stocks discussed: (NasdaqGS:$EQOS) (TSX: $HUT.TO) (OTCQB: $INTV)

 

#Bitcoin Scores Another New ATH at Over $38K, ETH and XRP Rally, Diginex’s EQUOS Launches BTC Perpetual Futures Contract, Hut 8 Announces Bitcoin Yield Account, and Argo #Blockchain Reports Operational Update for December 2020

 

 

Point Roberts, WA, Delta BC January 7, 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.  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/2021/010721-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/01071EQOS-HUT-INTV.asp

 

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Stocks discussed: (NasdaqGS:EQOS) (TSX:HUT) (LSE:ARB)

 

Bitcoin (BTC) has done it again, registering another all-time high over the past day, this time peaking at about $38,460, and trading for around $38,320 at press time, according to data from CoinMarketCap. For perspective, this is nearly $4,000 higher than it was trading for at the time of yesterday’s Crypto Corner, and puts Bitcoin up about 30 percent for the year, so far. Ether (ETH) is also enjoying a surge, having grown roughly 7 percent in the past 24 hours, and 66 percent in the past week, with a current trading price of about $1,220. Perhaps most notable, XRP is up 43 percent since yesterday, at press time, in spite of Ripple’s being sued by the SEC and delistings from major exchanges in the past weeks.

 

EQUOS, the crypto exchange of digital assets financial services company Diginex Limited (NasdaqGS:EQOS), has launched its Bitcoin (BTC) Perpetual Futures Contract. Diginex CEO Richard Byworth said:

 

"Our goal is to develop products with functionality that will facilitate wider institutional and professional trader adoption of cryptoassets. This is just the first in a product suite that will offer investors more dynamic hedging tools, fairer liquidation, a platform that is not trading against its users and reputational protection for investors seeking a KYC/AML compliant ecosystem."

 

Hut 8 Mining Corp. (TSX:HUT) has announced the opening of a Bitcoin Yield Account in partnership with Genesis Global Capital. According to the press release, this account “will enable Hut 8 to earn at a 4 per cent rate of return on its BTC Holdings.” Jaime Leverton, CEO of Hut 8, explained:

 

"At Hut 8, our strategy is focused on creating incremental value. We are excited to be partnering with Genesis to manage our digital assets, allowing us to yield Fiat currency from the significant BTC on our balance sheet, minimize Hut 8's Fiat expenses and subsequently expand our ability to hold Bitcoin rather than sell. Our current momentum and trajectory are just the start of what's to come in 2021 for Hut 8 and its investors."

 

UK-based crypto miner Argo Blockchain (LSE:ARB) has reported an operational update for December, 2020. During that month, the company mined 96 Bitcoin or Bitcoin Equivalent (BTC) – down from 115 Bitcoin Equivalent in November – bringing the total amount of BTC mined year-to-date to 2,465 BTC. Argo’s mining revenue in December reached £1.63 million ($2.21 million USD). The company’s CEO, Peter Wall, said:

 

"I am delighted that Argo has delivered strong mining revenue for December and at such a healthy margin. The Bitcoin market has entered 2021 on a roll, and we are very optimistic this year will continue to see an increasing mainstream adoption of cryptocurrency. We look to the future with much optimism."

 

Sam Mowers, Investorideas

 

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Crypto Corner Podcast sponsor

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

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