#CryptoCorner #Podcast Episode 504: #Stocks Mentioned- (NYSE: $ICE) (NasdaqGS: $VIH) (TSXV: $SCT.V) (CSE: $GBLC.C) (OTCQB: $INTV)

#CryptoCorner #Podcast Episode 504: #Stocks Mentioned- (NYSE: $ICE) (NasdaqGS: $VIH) (TSXV: $SCT.V) (CSE: $GBLC.C) (OTCQB: $INTV)


#Bitcoin Breaks $41K, Bakkt May Go Public Through Potential Merger, Skychain Technologies Provides Update on Acquisition LOI, and Graph #Blockchain Establishes M&A Committee


Point Roberts, WA, Delta BC January 8, 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.


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Stocks discussed: (NYSE:ICE) (NasdaqGS:VIH) (TSXV:SCT) (CSE:GBLC)


Bitcoin (BTC) is entering the weekend with another new all-time high, having rocketed to a trading price of about $41,260 at press time, after peaking at $41,780 earlier this morning, according to data from CoinMarketCap. This comes just a little over three weeks since Bitcoin smashed its 2017 trading price high of around $20,000, meaning that it has more than doubled in less than a month. Ether (ETH) continues to perform well, trading for about $1,260 at press time. Coinciding with this is a new all-time high in “Ethereum” Google searches, as registered by Google Trends.


Bakkt, the crypto platform owned by Intercontinental Exchange (NYSE:ICE), is “in advanced talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings [NasdaqGS:VIH],” according to an article from Bloomberg. Citing “people with knowledge of the matter,” the article indicates that the resulting entity could be valued at more than $2 billion, and that an official announcement is expected soon.


Blockchain Infrastructure services and power solutions company Skychain Technologies Inc. (TSXV:SCT) has provided an update regarding a Letter of Intent (LOI) to acquire an existing 20 Mw crypto mining hosting facility in Quebec, Canada. SkyChain CEO Bill Zhang said:


"We are making very good progress with the transaction. With its current growth, we expect the site will be loaded at full capacity once the purchase is completed sometime in Q1 2021. With lower operating costs, this revenue stream should contribute to a solid and profitable operation. The site also holds excellent potential for an internet data center (IDC) and other high density power consumption industries like GPU (graphics card processing unit) gaming and cloud-related industry services."


Commenting on Bitcoin, Zhang said:


“With Bitcoin reaching record highs and rapidly gaining worldwide acceptance, we believe SkyChain is in the right place at the right time. More and more, Bitcoin is being seen as a hedge against inflation and currency instability, much like gold."


Graph Blockchain Inc. (CSE:GBLC) has announced the creation of a special committee to review M&A opportunities in the crypto currency and blockchain sector. The company’s CEO, Andrew Ryu, said:


“As a result of the inbound interest from various third-party groups with crypto/blockchain companies looking to be acquired, the board of directors felt the appropriate action would be to set up a special committee to review opportunities and present them to the board once vetted. The recent uptrend in crypto currencies has spurred renewed interest in the sector and as one of the remaining crypto/blockchain companies on the CSE we are receiving proposals.”


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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